کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5105707 | 1481249 | 2017 | 9 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Quantifying the net cost of a carbon price floor in Germany
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موضوعات مرتبط
مهندسی و علوم پایه
مهندسی انرژی
مهندسی انرژی و فناوری های برق
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چکیده انگلیسی
The German energy and climate policy mix is failing to decarbonize electricity production until now, with only 6% overall CO2 emissions reductions since 2005. Using empirical methods and hourly market data, we estimate the aggregate supply curve of the German power market and simulate the effect of a 20â¬/tCO2 and 40â¬/tCO2 carbon price floor on the German power market and on the renewable subsidy scheme. With the 40â¬/tCO2 carbon price floor, median prices increase by 37â¬/MWh and average price peaks by 50â¬/MWh. At the wholesale level, the market's annual volume increases by some â¬18 billion to â¬39 billion. At the retail level, however, the net cost to consumers is moderated due to costs savings from the renewable subsidy scheme worth some â¬4 billion, or roughly one-fifth. The same ratio applies to a price floor at 20â¬/tCO2.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Energy Policy - Volume 109, October 2017, Pages 685-693
Journal: Energy Policy - Volume 109, October 2017, Pages 685-693
نویسندگان
Philipp Egli, Oskar Lecuyer,