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Emission Allowances – a New Production Factor in the Power Sector

In: Handbook Utility Management

Author

Listed:
  • Wolf Fichtner

    (Universität Karlsruhe (TH))

Abstract

The European CO2 emission trading scheme results in a new input factor for CO2 emission-intensive companies. Therefore, one of the objectives of this chapter is to characterise this new input factor. Emission trading and possible mechanisms of allocating allowances to existing and new installations are also discussed. Different effects of emission trading in general and of the European CO2 emission trading scheme in particular are explained. Finally, the author shows how energy models can be used to develop consistent strategies for power companies within the framework of an emission trading scheme.

Suggested Citation

  • Wolf Fichtner, 2008. "Emission Allowances – a New Production Factor in the Power Sector," Springer Books, in: Andreas Bausch & Burkhard Schwenker (ed.), Handbook Utility Management, chapter 20, pages 335-346, Springer.
    • Handle: RePEc:spr:sprchp:978-3-540-79349-6_20
    DOI: 10.1007/978-3-540-79349-6_20
    as

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