IDEAS home Printed from https://ideas.repec.org/a/sae/engenv/v13y2002i4-5p763-778.html
   My bibliography  Save this article

Promoting Renewables through Market Mechanisms

Author

Listed:
  • Bent Agerholm
  • Hans-Erik Kristoffersen
  • Poul Erik Morthorst
  • Malene Hein Nybroe
  • Bjarne Crone Mortensen

Abstract

Section 1 gives an introduction explaining the need for a separate promotion scheme for renewables. In section 2, the so far successful promotion of renewables in Denmark is described, as is the background for introducing a certificate-based system. Section 3 describes a model national certificate market, followed by a description in section 4 of the proposed Danish system and the necessary administrative set-up. Section 5 deals with the perspectives and problems of trading certificates internationally based on a three-country case study performed by Risø National Laboratory. The last section presents the conclusions from the paper.

Suggested Citation

  • Bent Agerholm & Hans-Erik Kristoffersen & Poul Erik Morthorst & Malene Hein Nybroe & Bjarne Crone Mortensen, 2002. "Promoting Renewables through Market Mechanisms," Energy & Environment, , vol. 13(4-5), pages 763-778, September.
    • Handle: RePEc:sae:engenv:v:13:y:2002:i:4-5:p:763-778
    DOI: 10.1260/095830502320939688
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1260/095830502320939688
    Download Restriction: no
    File URL: https://libkey.io/10.1260/095830502320939688?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Morthorst, P. E., 2001. "Interactions of a tradable green certificate market with a tradable permits market," Energy Policy, Elsevier, vol. 29(5), pages 345-353, April.
    2. Morthorst, P. E., 2000. "The development of a green certificate market," Energy Policy, Elsevier, vol. 28(15), pages 1085-1094, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nielsen, Lene & Jeppesen, Tim, 2003. "Tradable Green Certificates in selected European countries--overview and assessment," Energy Policy, Elsevier, vol. 31(1), pages 3-14, January.
    2. Gupta, Sandeep Kumar & Purohit, Pallav, 2013. "Renewable energy certificate mechanism in India: A preliminary assessment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 22(C), pages 380-392.
    3. Ryan Wiser & Kevin Porter & Robert Grace, 2005. "Evaluating Experience with Renewables Portfolio Standards in the United States," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 10(2), pages 237-263, April.
    4. Morthorst, P. E., 2003. "A green certificate market combined with a liberalised power market," Energy Policy, Elsevier, vol. 31(13), pages 1393-1402, October.
    5. Morthorst, P. E., 2003. "National environmental targets and international emission reduction instruments," Energy Policy, Elsevier, vol. 31(1), pages 73-83, January.
    6. Unger, Thomas & Ahlgren, Erik O., 2005. "Impacts of a common green certificate market on electricity and CO2-emission markets in the Nordic countries," Energy Policy, Elsevier, vol. 33(16), pages 2152-2163, November.
    7. Amundsen, Eirik S. & Nese, Gjermund, 2002. "Provision of renewable energy using green certificates: market power and price limits," MPRA Paper 10558, University Library of Munich, Germany.
    8. Kwag, Kyuhyeong & Shin, Hansol & Oh, Hyobin & Yun, Sangmin & Kim, Tae Hyun & Hwang, Pyeong-Ik & Kim, Wook, 2023. "Bilevel programming approach for the quantitative analysis of renewable portfolio standards considering the electricity market," Energy, Elsevier, vol. 263(PD).
    9. Delarue, Erik & Van den Bergh, Kenneth, 2016. "Carbon mitigation in the electric power sector under cap-and-trade and renewables policies," Energy Policy, Elsevier, vol. 92(C), pages 34-44.
    10. Reinhard Madlener & Weiyu Gao & Ilja Neustadt & Peter Zweifel, 2008. "Promoting renewable electricity generation in imperfect markets: price vs. quantity policies," SOI - Working Papers 0809, Socioeconomic Institute - University of Zurich.
    11. Gillenwater, Michael, 2008. "Redefining RECs--Part 1: Untangling attributes and offsets," Energy Policy, Elsevier, vol. 36(6), pages 2109-2119, June.
    12. Ciarreta, Aitor & Espinosa, Maria Paz & Pizarro-Irizar, Cristina, 2014. "Is green energy expensive? Empirical evidence from the Spanish electricity market," Energy Policy, Elsevier, vol. 69(C), pages 205-215.
    13. Li, Jinke & Liu, Guy & Shao, Jing, 2020. "Understanding the ROC transfer payment in the renewable obligation with the recycling mechanism in the United Kingdom," Energy Economics, Elsevier, vol. 87(C).
    14. Gesine Bökenkamp & Wan-Jung Chou & Olav Hohmeyer & Wouter Nijs & Alistair Hunt & Anil Markandya, 2010. "Policy Instruments," Chapters, in: Anil Markandya & Andrea Bigano & Roberto Porchia (ed.), The Social Cost of Electricity, chapter 6, Edward Elgar Publishing.
    15. Hustveit, Magne & Frogner, Jens Sveen & Fleten, Stein-Erik, 2017. "Tradable green certificates for renewable support: The role of expectations and uncertainty," Energy, Elsevier, vol. 141(C), pages 1717-1727.
    16. Boots, M., 2003. "Green certificates and carbon trading in the Netherlands," Energy Policy, Elsevier, vol. 31(1), pages 43-50, January.
    17. del Rio Gonzalez, Pablo & Hernandez, Felix & Gual, Miguel, 2005. "The implications of the Kyoto project mechanisms for the deployment of renewable electricity in Europe," Energy Policy, Elsevier, vol. 33(15), pages 2010-2022, October.
    18. Nagl, Stephan, 2013. "Prices vs. Quantities: Incentives for Renewable Power Generation - Numerical Analysis for the European Power Market," EWI Working Papers 2013-4, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    19. Van den Bergh, Kenneth & Delarue, Erik & D'haeseleer, William, 2013. "Impact of renewables deployment on the CO2 price and the CO2 emissions in the European electricity sector," Energy Policy, Elsevier, vol. 63(C), pages 1021-1031.
    20. Sáenz de Miera, Gonzalo & del Ri­o González, Pablo & Vizcaino, Ignacio, 2008. "Analysing the impact of renewable electricity support schemes on power prices: The case of wind electricity in Spain," Energy Policy, Elsevier, vol. 36(9), pages 3345-3359, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:engenv:v:13:y:2002:i:4-5:p:763-778. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.