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Promoting Renewables through Market Mechanisms

Author

Listed:
  • Bent Agerholm
  • Hans-Erik Kristoffersen
  • Poul Erik Morthorst
  • Malene Hein Nybroe
  • Bjarne Crone Mortensen

Abstract

Section 1 gives an introduction explaining the need for a separate promotion scheme for renewables. In section 2, the so far successful promotion of renewables in Denmark is described, as is the background for introducing a certificate-based system. Section 3 describes a model national certificate market, followed by a description in section 4 of the proposed Danish system and the necessary administrative set-up. Section 5 deals with the perspectives and problems of trading certificates internationally based on a three-country case study performed by Risø National Laboratory. The last section presents the conclusions from the paper.

Suggested Citation

  • Bent Agerholm & Hans-Erik Kristoffersen & Poul Erik Morthorst & Malene Hein Nybroe & Bjarne Crone Mortensen, 2002. "Promoting Renewables through Market Mechanisms," Energy & Environment, , vol. 13(4-5), pages 763-778, September.
  • Handle: RePEc:sae:engenv:v:13:y:2002:i:4-5:p:763-778
    DOI: 10.1260/095830502320939688
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    References listed on IDEAS

    as
    1. Morthorst, P. E., 2001. "Interactions of a tradable green certificate market with a tradable permits market," Energy Policy, Elsevier, vol. 29(5), pages 345-353, April.
    2. Morthorst, P. E., 2000. "The development of a green certificate market," Energy Policy, Elsevier, vol. 28(15), pages 1085-1094, December.
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