This study deals with regulatory instruments of energy and environmental policy, but focuses especially on the Emission Trade System. The effects of the Emission Trade System on different indicators with economic importance (e.g. emission abatement, power price, import dependency, supply security, efficiency increase) and its costs are modeled from the year 2005 up to 2020. Therefore this study employs a contribution margin accounting and an optimization model, in which the regulation framework, the market parameters and technical constraints for the German energy market as well as an endogenous price for emission allowances, running times of plants and capacity enlargements are considered.
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This study deals with regulatory instruments of energy and environmental policy, but focuses especially on the Emission Trade System. The effects of the Emission Trade System on different indicators with economic importance (e.g. emission abatement, power price, import dependency, supply security, efficiency increase) and its costs are modeled from the year 2005 up to 2020. Therefore this study employs a contribution margin accounting and an optimization model, in which the regulation framework,...
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