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dc.contributor.authorJouvet, Pierre-André
dc.contributor.authorSolier, Boris
dc.date.accessioned2011-12-12T13:33:11Z
dc.date.available2011-12-12T13:33:11Z
dc.date.issued2013-10
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/7761
dc.language.isoenen
dc.subjectEuropean Union Emissions Trading Schemeen
dc.subjectEU ETSen
dc.subjectspot marketsen
dc.subject.ddc338en
dc.subject.classificationjelL94en
dc.subject.classificationjelG1en
dc.subject.classificationjelC58en
dc.subject.classificationjelC22en
dc.titleAn overview of CO2 cost pass-through to electricity prices in Europeen
dc.typeArticle accepté pour publication ou publié
dc.contributor.editoruniversityotherEconomix-CNRS, university of Paris Ouest;France
dc.description.abstractenThis paper investigates the link between wholesale electricity prices in Europe and the CO2 cost, i.e. the price of European Union Allowances (EUAs), over the two first phases of the European Union Emissions Trading Scheme (EU ETS). We set up a theoretical framework and an empirical model to estimate to what extent daily fluctuations of CO2 costs may have impacted electricity prices. Regarding estimation results for the first phase of the EU ETS, about 42% of estimated pass-through rates appear to be statistically significant, while only one third of them are statistically different from zero in the second phase. We try to improve those results by proposing alternative estimates based on the EU ETS compliance periods.
dc.relation.isversionofjnlnameEnergy Policy
dc.relation.isversionofjnlvol61
dc.relation.isversionofjnldate2013-10
dc.relation.isversionofjnlpages1370-1376
dc.relation.isversionofdoihttp://dx.doi.org/10.1016/j.enpol.2013.05.090
dc.description.sponsorshipprivateouien
dc.relation.isversionofjnlpublisherElsevier
dc.subject.ddclabelEconomie industrielleen


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