Provision of renewable energy using green certificates : market power and limit pricing
Working paper
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Date
2002-06Metadata
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- Working papers (SNF) [809]
Abstract
We formulate an analytic equilibrium model for simultaneously functioning electricity market and 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 from the analysis is that the certificate system faced with market power basically may collapse into a system of per unit subsidies.
Publisher
SNFSeries
Working Paper2002:18