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The Danish Green Certificate System: Some Simple Analytical Results

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Author Info
Amundsen, E.S.
Mortensen, J.B.

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Abstract

We formulate a simple static equilibrium model for the electricity market taking account of both Green certificated and CO2-emission permits. The objective is to investigate the relationship between these markets under the existence of upper and lower price-bounds on the Green certificates, both in the short and in the long run.

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Publisher Info
Paper provided by Department of Economics, University of Bergen in its series Norway; Department of Economics, University of Bergen with number 2000.

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Length: 25 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:fth:bereco:2000

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Postal: Department of Economics, University of Bergen Fosswinckels Gate 6. N-5007 Bergen, Norway
Phone: (+47)55589200
Fax: (+47)55589210
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Web page: http://www.uib.no/econ/
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Related research
Keywords: ELECTRICITY ; POLLUTION ; CONSUMPTION ; PRODUCTION;

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Find related papers by JEL classification:
Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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  1. Eirik S. Amundsen & Fridrik M. Baldursson & Jørgen Birk Mortensen, 2005. "Price Volatility and Banking in Green Certificate Markets," Discussion Papers 05-08, University of Copenhagen. Department of Economics. [Downloadable!]
    Other versions:
  2. Christoph Böhringer and Knut Einar Rosendahl, 2009. "Green Serves the Dirtiest. On the Interaction between Black and Green Quotas," Discussion Papers 581, Research Department of Statistics Norway. [Downloadable!]
  3. Thure Traber & Claudia Kemfert, 2007. "Impacts of the German Support for Renewable Energy on Electricity Prices, Emissions and Profits: An Analysis Based on a European Electricity Market Model," Discussion Papers of DIW Berlin 712, DIW Berlin, German Institute for Economic Research. [Downloadable!]
  4. Klaus Skytte, 2006. "Interplay between Environmental Regulation and Power Markets," EUI-RSCAS Working Papers 4, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS). [Downloadable!]
  5. Reinhard Madlener & Weiyu Gao & Ilja Neustadt & Peter Zweifel, 2008. "Promoting renewable electricity generation in imperfect markets: price vs. quantity policies," Working Papers 0809, University of Zurich, Socioeconomic Institute. [Downloadable!]
    Other versions:
  6. Amundsen, Eirik S. & Nese, Gjermund, 2006. "Integratation of Tradable Green Certificate Markets: What can be expected?," MPRA Paper 10628, University Library of Munich, Germany. [Downloadable!]
  7. Georg Meran & Nadine Wittmann, 2008. "Green, Brown, and Now White Certificates: Are Three One Too Many? A Micromodel of Market Interaction," Discussion Papers of DIW Berlin 809, DIW Berlin, German Institute for Economic Research. [Downloadable!]
  8. Amundsen, Eirik S. & Nese, Gjermund, 2002. "Provision of renewable energy using green certificates: market power and price limits," MPRA Paper 10558, University Library of Munich, Germany. [Downloadable!]
  9. Amundsen, Eirik S. & Nese, Gjermund, 2004. "Market Power in Interactive Environmental and Energy Markets: The case of Green Certificates," MPRA Paper 10559, University Library of Munich, Germany. [Downloadable!]
  10. Torstein Bye, 2003. "On the Price and Volume Effects from Green Certificates in the Energy Market," Discussion Papers 351, Research Department of Statistics Norway. [Downloadable!]
  11. Torstein Bye and Annegrete Bruvoll, 2008. "Multiple instruments to change energy behaviour: The emperor’s new clothes?," Discussion Papers 549, Research Department of Statistics Norway. [Downloadable!]
  12. Pablo del Río González, 2007. "The interaction between emissions trading and renewable electricity support schemes. An overview of the literature," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 12(8), pages 1363-1390, October. [Downloadable!] (restricted)
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This page was last updated on 2009-11-20.

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