Provision of renewable energy using green certificates: market power and price limits
AbstractWe formulate an analytic equilibrium model for simultaneously functioning electricity market an a market for Green Certificates. The major focus of the paper is the effect of market power in a Green Certificate system. One of the main results is that the certificate system faced with market power basically may collapse into a system of feed in tariffs.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 10558.
Date of creation: 2002
Date of revision:
Find related papers by JEL classification:
- A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
- Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
- Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
- Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
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