Purpose – The purpose of this study is to analyze the power market and greenhouse gas (GHG) emission effects of the joint Norwegian–Swedish tradable green certificates (TGCs) market, which is established to support investments according to a 26.4 TWh increased annual renewable electricity...

Purpose This study aims to investigate the effects of thermal–hydro interconnection on the revenues, market value and curtailment of variable renewable energy (VRE). The increasing market shares of VRE sources in the Northern European power system cause declining revenues for VRE producers,...

This study tests whether the strong double dividend hypothesis holds within a setting where a uniform tax on green house gas emissions is raised above the international quota price within the Norwegian economy. The hypothesis does not hold within a framework where detailed technology choices...

This paper analyzes how the Green Deal may affect the Nordic electricity and district heat market, considering carbon pricing alone and in combination with policy measures such as a coal phaseout, a renewable target, or an electrification strategy. Our findings show the Green Deal targets to...