Monjon, Stéphanie; Quirion, Philippe - Université Paris-Dauphine (Paris IX) - 2011
: border adjustments and output-based allocation, i.e., allocation of free allowances in proportion to current production. We …. Another relatively efficient policy is to combine auctioning in the electricity sector and output-based allocation in exposed … generation of the electricity consumed. Although output-based allocation is generally less effective than border adjustment to …