Price and welfare effects of emission quota allocation

Research, Preprint English OPEN
Rolf Golombek; Sverre A.C. Kittelsen; Knut Einar Rosendahl;
  • Publisher: Statistics Norway
  • Subject: Electricity markets | Electricity market | JEL classification: H23 | H23 | Allocation of quotas | JEL classification: D61 | Q41 | JEL classification: Q58 | Utslippskvoter | Quota market | Q58 | Kvotehandel | Emissions trading | JEL classification: Q41 | Quota market; Electricity market; Allocation of quotas | D61 | Quota markets
    • jel: jel:D61 | jel:Q58 | jel:H23 | jel:Q41
      ddc: ddc:330

Abstract: We analyze how different ways of allocating emission quotas may influence the electricity market. Using a large-scale numerical model of the Western European energy market, we show that different allocation mechanisms can have very different effects on the ... View more
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