generation. The other is that withdrawal of a small number of TGCs implies a multiple reduction of electricity consumption, with … market can be used to affect the entire electricity market. There are basically two reasons for being concerned with market … only Sweden has a TGC market but there is a common Nordic electricity market with free trade of electricity. The analysis …

fluctuate excessively, leading to corresponding volatility of electricity prices. Applying a rational expectations simulation …

Many countries plan to increase the proportion of their electricity supply obtained from renewable sources relative to … for regulating the generation of green electricity. Furthermore, our analysis shows that the combination of TGCs with a …

electricity market as the producers of green electricity are also the suppliers of Green Certificates. In this paper, we formulate … an analytic equilibrium model for simultaneously functioning electricity and Green Certificate markets, and focus on the … the market for Green Certificates and the electricity market as separate markets; and a Nash-Cournot game with endogenous …

subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large … the total electricity market expenditures. The subsidies generate net gains to consumers. We develop an approach to …

, or unchanged consumption of "black", "green" or "white" electricity. These, markets give thus a poor guidance for future …We formulate a model with black, green and white certificates markets that function in conjunction with an electricity ….g. share of green electricity and share of energy saving/ efficiency increase.) The equilibrium solution adapts to changing …

proportion of their electricity supply obtained from renewable sources. The main objective of this paper is to investigate the … affects generation of electricity from renewable resources, and from carbon emitting resources, in the same way as it is … that TGCs may be an imprecise instrument for regulating the generation of green electricity and that the combination of …

electricity market as the producers of green electricity are also suppliers of Green Certificates. In this paper, we formulate an … analytic equilibrium model for simultaneously functioning electricity and Green Certificates markets, and focus on the role of … market for Green Certificates and the electricity market as separate markets; and a Nash-Cournot game with endogenous …

We formulate a simple static equilibrium model for the electricity market taking account of both Green Certificates and …

fluctuate excessively, leading to corresponding volatility of electricity prices. Applying a rational expectations simulation …