This working paper discusses similarities and differences between the cooperation mechanisms of the EU renewable energy directive (RES directive) and the flexible mechanisms of the Kyoto Protocol. The cooperation mechanisms allow the (virtual) trade of renewable energy and were introduced with...

This paper offers a first assessment of the use and impacts of the RES cooperation mechanisms for achieving the Austrian 34% RES-target by 2020. A comprehensive model-supported analysis has been conducted that assesses the impacts of increasing domestic energy efficiency and renewable energy...