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• W2149102783 abstract "The recent low of CO2 prices in the European Union Emission Trading Scheme have triggered a renewed discussion, whether the introduction of a CO2 price oor would lower investor uncertainty and thus trigger more investment in low-carbon electricity generation. We compare the effects of a CO2 price floor on the dynamic investment pathway of an interlinked two country electricity system with a common CO2 emissiontrading scheme using a long-term focused agent-based model. Four cases are distinguished: No CO2 price floor, a CO2 price floor unilaterally levied as a complimentary variable tax on production in only one country and a common CO2 price floor in two countries. Preliminary results indicate that while a national price floor reduces price variance in the introducing country, the overall CO2 price variance increases. A common CO2 price oor was found to decrease overall price variance." @default.
• W2149102783 created "2016-06-24" @default.
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• W2149102783 date "2012-12-31" @default.
• W2149102783 modified "2023-09-26" @default.
• W2149102783 title "Impacts of the introduction of CO2 price floors in a two-country electricity maket model" @default.
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