期刊名称:CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度:2008
卷号:1
出版社:Center for Operations Research and Econometrics (UCL), Louvain
摘要:Carbon leakage in this pape ris the phenomenon whereby Electricity Intensive Industries subject to
harsh environmental standards move their activity or part of it to more environmentally lenient regions.
Carbon leakage has been mentioned as a possible outcome of the EU Emission Trading Scheme.
Different studies are underway to assess the reality of the phenomenon and to devise policies to
mitigate its possible impact. One remedy, proposed by the Energy Intensive Industries is to combine
free emission allowances with a pricing of electricity whereby energy ¨¦missions and transmission costs
are bundled and sold on an average cost basis. The paper attempts to model this proposal.
We cast the problem in a spatial model of the power sector where generators can develop new
capacities, the transmission system is organized on a flowgate basis, emission allowances are auctioned,
except possibly for industries, and traded. The consumer market is decomposed in two segments.
Industries purchase electricity according to some form of average cost price, the rest of the market is
supplied at marginal cost. These equilibrium models are non convex. We present the models and
discuss their properties. Companion papers report policy implications.
关键词:carbon leakage, emission trading scheme, electricity, energy policies, equilibrum,
complementarity.