000 02588nam a2200349 a 4500
001 eep9781781007648
003 DLC
005 20210215104220.0
006 m o d
007 cr un|||||||||
008 080407s2008 enka ob 001 0 eng d
010 _a 2008926559
020 _a9781781007648 (e-book)
040 _aUKM
_cUKM
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_dBAKER
_dYDXCP
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043 _ae------
050 0 0 _aHD9502.E82
_bL53 2008
082 0 4 _a333.79094
_222
245 0 0 _aLiberalizing European energy markets
_h[electronic resource] :
_ban economic analysis /
_cFin Roar Aune ... [et al.].
260 _aCheltenham [England] ;
_aNorthampton, Mass. :
_bEdward Elgar,
_cc2008.
300 _a1 online resource (xii, 315 p.) :
_bill.
504 _aIncludes bibliographical references (p. 292-301) and index.
505 0 _a1. Introduction -- 2. The LIBEMOD 2000 model -- 3. Short-run effects of liberalization -- 4. Long-run effects of liberalization -- 5. Robustness analyses and alternative future scenarios -- 6. Policies for clean and renewable energy production -- 7. Energy liberalization in Russia.
520 _aThis book presents an economic analysis of the main effects of liberalizing the electricity and natural gas markets across Western Europe. It is based on a state-of-the art detailed numerical simulation model that takes account of the interlinkages between different energy markets. Short-run and long-run effects are identified and the robustness of results is tested. Separate chapters discuss climate policy, renewable energy and the role of Russia. A key finding is that liberalization lowers energy prices and increases consumption, particularly in the electricity markets where prices fall by 25 per cent on average in the short run. Effects are somewhat stronger in the long run, as investment options are utilized. The welfare benefits of liberalization are considerable in the long run. However, liberalization increases emissions of CO2. The welfare costs of fulfilling Western Europe's Kyoto obligations depend highly on the policies implemented, but are at least as large as the benefits of liberalization.
650 0 _aEnergy industries
_zEurope, Western.
650 0 _aEnergy industries
_xGovernment policy
_zEurope, Western.
650 0 _aEnergy policy
_xEconomic aspects
_zEurope, Western.
655 7 _aElectronic books.
_2lcsh
700 1 _aAune, Finn Roar.
710 2 _aEdward Elgar Publishing.
776 1 _z1843763745 (hbk.)
_z9781843763741 (hardback)
856 4 0 _uhttps://www.elgaronline.com/view/9781843763741.xml
999 _c29000
_d29000