Searched for: department:"Engineering%2C%5C%2BSystems%5C%2Band%5C%2BServices"
(1 - 3 of 3)
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