The EU European Trading Scheme (EU ETS) started operating in 2005 and was established with the EU Climate Package of 2008 as a permanent mechanism for Europe. Now in its second phase, policymakers are evaluating its success to date and considering next steps for its evolution. With the ultimate goal of a low-carbon economy, key questions have been: does the ETS facilitate a shift from carbon-intensive ...
Opening the electricity market to renewable energy sources would create flexibility for the further integration of renewable energy, leading to considerably lower costs and emissions. This requires the electricity markets to be reorganized in three ways. Firstly, most trading, and therefore production decision-making, is completed at least one day prior to electricity production. But it must be possible ...
Die Öffnung des Strommarktes für erneuerbare Energien würde Flexibilität für die weitere Integration erneuerbarer Energien schaffen und zu erheblichen Einsparungen von Kosten und Emissionen führen. Dafür müssen die Strommärkte in dreierlei Hinsicht anders organisiert werden: Erstens erfolgen bisher die meisten Handelsaktivitäten - und damit auch die Produktionsentscheidungen - spätestens am Vortag ...