Conference proceedings article
The effects of harmonized European climate policy targets in comparison to national targets utilizing a European electricity market model



Publication Details
Authors:
Nacken, L.
Editor:
IEEE
Publisher:
IEEE
Publication year:
2017
Journal:
2017 14TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET (EEM 17)
Pages range:
1-8
Book title:
2017 14th International Conference on the European Energy Market (EEM)
Number of pages:
5
ISSN:
2165-4077

Abstract
We develop a fundamental electricity market model which optimizes the future capacity mix regarding the emission reduction targets and renewable deployment targets for the majority of the European Union member states. By applying that model, we can show the distributional effects between a theoretical harmonized and the current national planning of emission and renewable energy targets. Based on our research, we identify economic inefficiencies in the national climate targets of individual member states.


Keywords
climate targets, distributional effects, economic inefficiency, European electricity market model, harmonization


Authors/Editors

Last updated on 2020-13-02 at 18:22