Provision of Renewable Energy using Green Certificates: Market Power and Price Limits

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.

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Year of publication:	2012-12-19
Authors:	Amundsen, Eirik S. ; Nese, Gjermund
Institutions:	Institutt for Økonomi, Universitetet i Bergen
Subject:	Firm Behavior: Theory \| Oligopoly and Other Forms of Market Imperfection \| Externalities \| Redistributive Effects \| Environmental Taxes and Subsidies \| Production \| Pricing \| and Market Structure \| Size Distribution of Firms \| Electric Utilities

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Extent:	application/pdf
Series:	Working Papers in Economics.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The text is part of a series Working Papers in Economics Number 25/02 45 pages
Classification:	D21 - Firm Behavior ; D43 - Oligopoly and Other Forms of Market Imperfection ; H23 - Externalities; Redistributive Effects ; Environmental Taxes and Subsidies ; L11 - Production, Pricing, and Market Structure Size; Size Distribution of Firms ; L94 - Electric Utilities
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009003095