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CO2 abatement opportunity in the UK through fuel-switching under the EU ETS (2005-2008): evidence from the E-Simulate model

Lujan, Emeric; Delarue, Erik; Chevallier, Julien; D'Haeseleer, William (2011), CO2 abatement opportunity in the UK through fuel-switching under the EU ETS (2005-2008): evidence from the E-Simulate model, International Journal of Global Energy Issues, 35, 2-4, p. 178-214. http://dx.doi.org/10.1504/IJGEI.2011.045029

Type
Article accepté pour publication ou publié
Date
2011
Journal name
International Journal of Global Energy Issues
Volume
35
Number
2-4
Publisher
Inderscience Publishers
Pages
178-214
Publication identifier
http://dx.doi.org/10.1504/IJGEI.2011.045029
Metadata
Show full item record
Author(s)
Lujan, Emeric
Delarue, Erik
Chevallier, Julien
D'Haeseleer, William
Abstract (EN)
The creation of the EU ETS led to changes in the merit order of the different plants competing on the electricity grid, and in the fuel-switching opportunities in the UK. This country has the greatest potential for CO2 emissions reduction through fuel-switching within the EU, thanks to its suitable energy mix (39% of coal and 36% of natural gas in 2007). Through the modelling of the UK power system with the E-Simulate model, our central contribution documents that fuel-switching did occur in the UK as a consequence of the EU ETS: 20.1 Mton in 2005, 7.8 Mton in 2006, 0.52 Mton in 2007, and 14.3 Mton in 2008. We assess the relative contribution of different factors (carbon price, fuel prices and load in the power sector) to CO2 emissions abatement by disentangling the impacts coming from the EU ETS, relative fuel prices variation, and with a 'switching band' analysis.
Subjects / Keywords
E-Simulate model; CO2 emissions abatement; switching band; carbon emissions; carbon dioxide; emissions trading; fuel switching; United Kingdom; energy mix; modelling; fuel prices; price variation
JEL
Q53 - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
Q56 - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
Q43 - Energy and the Macroeconomy

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