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- W4366997989 abstract "Abstract There is an ongoing debate regarding possible reforms in the EU ETS (Emissions Trading System) market. One of the measures considered is a price floor that would prevent the price from reaching very low values. This regulation instrument has been implemented for permits, in other markets like California. We contribute to the recent literature on the carbon price floor (CPF) by analysing its effect on the electricity sector in interconnected countries. We characterise electricity trade and carbon market equilibria under symmetric and asymmetric regulations and simulate our results for the French and German electricity markets. The French-German electricity trading case illustrates the likely impact of CPF measures, which may have counterintuitive effects on carbon prices." @default.
- W4366997989 created "2023-04-27" @default.
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- W4366997989 date "2023-04-26" @default.
- W4366997989 modified "2023-10-18" @default.
- W4366997989 title "Trading electricity under different carbon pricing constraints: the French-German case" @default.
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- W4366997989 doi "https://doi.org/10.21203/rs.3.rs-2832199/v1" @default.
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