Provision of renewable energy using green certificates: market power and price limits

We formulate an analytic equilibrium model for simultaneously functioning electricity market an 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 is that the certificate system faced with market power basically may collapse into a system of feed in tariffs.

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Year of publication:	2002
Authors:	Amundsen, Eirik S. ; Nese, Gjermund

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Amundsen, Eirik S. and Nese, Gjermund (2002): Provision of renewable energy using green certificates: market power and price limits.
Classification:	A20 - Economics Education and Teaching of Economics. General ; Q28 - Government Policy ; Q48 - Government Policy ; Q42 - Alternative Energy Sources ; C7 - Game Theory and Bargaining Theory
Source:	BASE

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