Markets for carbon and power pricing in Europe theoretical issues and empirical analyses / [electronic resource] :
edited by Francesco Gullì.
- Cheltenham ; Northampton, Mass. : Edward Elgar Pub., 2008.
- 1 online resource (vii, 243 p.) : ill.
- New horizons in environmental economics .
- New horizons in environmental economics. .
Includes bibliographical references and index.
pt. 1. Overview and theoretical issues -- pt. 2. Empirical analyses.
Why do power prices seem to be correlated with the carbon price in some markets and not in others? This crucial question is at the centre of Francesco Gullì's enlightening book, through which the contributing authors investigate a number of related issues. In particular, they explore why power firms are not consistent in passing-through into power prices the opportunity cost of carbon. They also examine the relationship between the pass-through mechanism and the structure of the power market.
9781848445031 (e-book)
2008927677
Emissions trading--European Union countries. Energy policy--European Union countries. Electric utilities--Prices--European Union countries. Electric utilities--Costs.--European Union countries