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dc.contributor.authorBertrand, Vincent
dc.date.accessioned2014-03-25T15:47:37Z
dc.date.available2014-03-25T15:47:37Z
dc.date.issued2012
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/12955
dc.language.isoenen
dc.subjectCO2en
dc.subjectcarbon dioxideen
dc.subjectcombined cycle gas turbinesen
dc.subjectCCGTsen
dc.subjectenergy efficiencyen
dc.subjectenvironmental efficiencyen
dc.subjectpower plantsen
dc.subjectfuel pricesen
dc.subjectmarginal costen
dc.subjectgas priceen
dc.subjectcoal priceen
dc.subject.ddc333en
dc.subject.classificationjelQ42en
dc.subject.classificationjelQ57en
dc.subject.classificationjelQ43en
dc.titleUnderstanding fuel switching under the EU ETSen
dc.typeArticle accepté pour publication ou publié
dc.description.abstractenSince the creation of the European Union Emission Trading Scheme (EU ETS), European power producers have monitored carbon emissions resulting from the composition of their production. Fuel switching is the main short-term abatement measure under the EU ETS. It consists in substituting combined cycle gas turbines (CCGTs) for hard-coal plants in off-peak power generation. Thereby coal plants run for shorter periods, allowing power producers to reduce their CO2 emissions. The aim of this paper is two-fold. First, we summarise the main characteristics of fuel switching under the EU ETS. Second, we show how differences in the energy/environmental efficiency of power plants impact the marginal cost of fuel switching. We demonstrate that the level of switching effort influences the dependence of the marginal cost of switching on fuel prices. The marginal cost of switching is shown to be increasingly dependent on the gas price as the switching effort increases, whereas the net effect is undetermined for the coal price. All the conclusions are summarised in several illustrative examples.en
dc.relation.isversionofjnlnameInternational Journal of Global Energy Issues
dc.relation.isversionofjnlvol35en
dc.relation.isversionofjnlissue6en
dc.relation.isversionofjnldate2012
dc.relation.isversionofjnlpages494-517en
dc.relation.isversionofjnlpublisherInderscience Enterprises Ltden
dc.subject.ddclabelEconomie de la terre et des ressources naturellesen
dc.relation.forthcomingnonen
dc.relation.forthcomingprintnonen


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