Searched for: department:"Engineering%2C%5C%2BSystems%5C%2Band%5C%2BServices"
(1 - 6 of 6)
document
Richstein, J.C. (author)
In this research, several improvements to the European Union Emissions Trading System (EU ETS) were analysed. The EU ETS is a market for emission allowances and the European Union's main instrument for reducing greenhouse gas emissions (of which CO2 is the main component). However, the CO2 allowance price in this market has been highly volatile...
doctoral thesis 2015
document
Richstein, J.C. (author), Chappin, E.J.L. (author), De Vries, L.J. (author)
The low prices in the European Emission Trading System (EU ETS) have triggered discussions of various possible reforms. One option is to decouple the CO 2 prices from renewable energy policy by adjusting the emission cap to renewable energy investment overshoots. We introduce two ways of reducing the CO 2 cap in response to overshoots of...
journal article 2015
document
Richstein, J.C. (author), Chappin, E.J.L. (author), De Vries, L.J. (author)
The EU parliament has accepted a proposal of the EU commission on the backloading of EU emission allowances (EUA), where the auctioning of EUAs is postponed to future time periods. The EU commission has also proposed a market stability reserve (MSR), which is a quantity-based stabilisation policy that is aimed at controlling the volume of EUAs...
journal article 2015
document
Richstein, J.C. (author), Chappin, E.J.L. (author), De Vries, L.J. (author)
In recent years the Europe Unions emission trading system (EU ETS) has experienced very low prices. This has triggered a political discussion about stabilising the EU ETS and improving incentives for investing in CO2 abatement. As a result of this discussion, the EU parliament accepted a proposal of the EU commission on the backloading of EU...
conference paper 2014
document
Richstein, J.C. (author), Chappin, E.J.L. (author), De Vries, L.J. (author)
The recent low CO2 prices in the European Union Emission Trading Scheme (EU ETS) have triggered a discussion whether the EU ETS needs to be adjusted. We study the effects of CO2 price floors and a price ceiling on the dynamic investment pathway of two interlinked electricity markets (loosely based on Great Britain, which already has introduced a...
journal article 2014
document
Groot, J. (author), Richstein, J.C. (author), De Vries, L.J. (author)
In order to understand how companies make investment decisions under conditions of deep uncertainty, we interviewed a number of actors in the Dutch electricity sector. Most of the economic literature that is devoted to this question is prescriptive in nature, describing rational methods to the investment decision process (such as real options...
conference paper 2013
Searched for: department:"Engineering%2C%5C%2BSystems%5C%2Band%5C%2BServices"
(1 - 6 of 6)