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Several EU member states have introduced national systems of Tradable Green Certificates (TGCs), which stipulate the percentage of total energy consumption to be obtained from renewable sources. The new Renewable Energy Directive sets a binding EU-wide target of 32% but without imposing legally...
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We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord … similar during peak and during base load for France, Germany and the Netherlands; and (c) the results are sensitive to the …
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