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Evaluating the EU ETS impacts on profits, investments and prices of the Italian electricity market

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  • Bonenti, Francesca
  • Oggioni, Giorgia
  • Allevi, Elisabetta
  • Marangoni, Giacomo

Abstract

Climate change is a global issue, but actions to mitigate its development are regional. Europe has taken the leadership in the carbon emission policy by introducing the Emissions Trading Scheme (EU ETS), formerly regulated by Directive 2003/87/EC and since 2013 by Directive 2009/29/EC. This new Directive imposes a full auctioning system for allocating CO2 allowances to the power sector and encourages the use of renewable energy sources.

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  • Bonenti, Francesca & Oggioni, Giorgia & Allevi, Elisabetta & Marangoni, Giacomo, 2013. "Evaluating the EU ETS impacts on profits, investments and prices of the Italian electricity market," Energy Policy, Elsevier, vol. 59(C), pages 242-256.
    • Handle: RePEc:eee:enepol:v:59:y:2013:i:c:p:242-256
    DOI: 10.1016/j.enpol.2013.03.026
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    14. da Silva, Patricia Pereira & Moreno, Blanca & Figueiredo, Nuno Carvalho, 2016. "Firm-specific impacts of CO2 prices on the stock market value of the Spanish power industry," Energy Policy, Elsevier, vol. 94(C), pages 492-501.
    15. Joanna Sitarz & Michael Pahle & Sebastian Osorio & Gunnar Luderer & Robert Pietzcker, 2024. "EU carbon prices signal high policy credibility and farsighted actors," Nature Energy, Nature, vol. 9(6), pages 691-702, June.
    16. Benato, A. & Bracco, S. & Stoppato, A. & Mirandola, A., 2016. "LTE: A procedure to predict power plants dynamic behaviour and components lifetime reduction during transient operation," Applied Energy, Elsevier, vol. 162(C), pages 880-891.
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