气候变化领域集成服务门户(CCPortal): The expansion of RES and the EU ETS – valuable addition or conflicting instruments?

CCPortal

DOI	10.1016/j.enpol.2020.112125
	The expansion of RES and the EU ETS – valuable addition or conflicting instruments?
	Anke C.-P.; Möst D.
发表日期	2021
ISSN	03014215
卷号	150
英文摘要	The expansion of renewable energy sources (RES) is a core element used for mitigating carbon emissions in the power sector in many countries. Besides such national measures, the European Union Emission Trade System (EU ETS) limits the carbon emissions and aims at an efficient allocation of the carbon mitigation. This study analyzes the interaction between RES expansion and EU ETS uptake as well as the impact national RES targets have on the European power system. To investigate this question, a European power market model is deployed from which carbon prices are derived endogenously. Two future market scenarios for the year 2030 are developed to illustrate the interrelation between EU ETS and RES expansion. Overall findings indicate that national RES targets and EU ETS are no conflicting instruments but the former increases the total system costs by 13% without reducing carbon emissions. Carbon prices increase in the model from 6 EUR/t in 2017 to 26–37 EUR/t in 2030. This and the coal phase-out lead to higher power prices which increase the economic feasibility of RES. In consequence, support costs for RES decrease in most countries. National targets strongly affect the economic feasibility of RES. © 2021 Elsevier Ltd
关键词	Carbon prices Energy system analysis EU ETS Renewable energy
英文关键词	Carbon; Costs; Expansion; Gas emissions; Renewable energy resources; Carbon emissions; Carbon mitigation; Economic feasibilities; Efficient allocations; Emission trades; European union; Power market modeling; Renewable energy source; International trade; alternative energy; carbon dioxide; carbon emission; emissions trading; energy efficiency; energy policy; environmental economics; European Union; renewable resource; Europe
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/204993
作者单位	Chair of Energy Economics, TU Dresden, Münchner Platz 3, Dresden, 01062, Germany
推荐引用方式 GB/T 7714	Anke C.-P.,Möst D.. The expansion of RES and the EU ETS – valuable addition or conflicting instruments?[J],2021,150.
APA	Anke C.-P.,&Möst D..(2021).The expansion of RES and the EU ETS – valuable addition or conflicting instruments?.Energy Policy,150.
MLA	Anke C.-P.,et al."The expansion of RES and the EU ETS – valuable addition or conflicting instruments?".Energy Policy 150(2021).