Fridolfsson, Sven-Olof; Tangerås, Thomas P. - In: Energy Policy 58 (2013) C, pp. 57-63
Green certificates are the main instrument for promoting renewable electricity (RES-E) in Sweden. But certificates cover only a limited share of total RES-E production. Under partial coverage, crowding out may arise whereby costly new RES-E replaces inexpensive old RES-E. Granting certificates...