All pages with keywords: ETS

Renewables, allowances markets, and capacity expansion in energy-only markets
We investigate the combined effect of an Emission Trading System (ETS) and renewable energy sources on electricity generation investment in energy-only markets. We propose a simple representation of the capacity … read more »

Climate change and carbon markets: a panoramic history
International carbon markets have grown quickly in recent years, but have also experienced serious problems and faced harsh criticism. This paper looks at the history of … read more »