Honkatukia, Juha; Mälkönen, Ville; Perrels, Adriaan - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 2006
This study deals with the matter to what extent the costs of the EU Emission Trade System (EU ETS) end up in the electricity prices. The study encompasses both a theoretical and an empirical review of electricity price formation. It includes an econometric analysis of electricity price formation...