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Liberalizing European energy markets : an economic analysis / Fin Roar Aune ... [et al.]

Mitwirkende(r): Resource type: Ressourcentyp: Buch (Online)Buch (Online)Sprache: Englisch Reihen: Edward Elgar E-Book ArchiveVerlag: Cheltenham [England] ; Northampton, Mass : Edward Elgar, 2008Beschreibung: 1 Online-Ressource (xii, 315 p) : illISBN:
  • 9781781007648
Schlagwörter: Andere physische Formen: 9781843763741 (hardback) | 1843763745 (hbk.) | Erscheint auch als: 1843763745 (hbk.) Druck-Ausgabe | Erscheint auch als: Liberalizing European energy markets. Druck-Ausgabe. Cheltenham [u.a.] : Elgar, 2008. XI, 315 S.DDC-Klassifikation:
  • 333.79094 22
RVK: RVK: QR 530LOC-Klassifikation:
  • HD9502.E82
DOI: DOI: 10.4337/9781781007648Online-Ressourcen: Zusammenfassung: This book presents an economic analysis of the main effects of liberalizing the electricity and natural gas markets across Western Europe. It is based on a state-of-the art detailed numerical simulation model that takes account of the interlinkages between different energy markets. Short-run and long-run effects are identified and the robustness of results is tested. Separate chapters discuss climate policy, renewable energy and the role of Russia. A key finding is that liberalization lowers energy prices and increases consumption, particularly in the electricity markets where prices fall by 25 per cent on average in the short run. Effects are somewhat stronger in the long run, as investment options are utilized. The welfare benefits of liberalization are considerable in the long run. However, liberalization increases emissions of CO2. The welfare costs of fulfilling Western Europe's Kyoto obligations depend highly on the policies implemented, but are at least as large as the benefits of liberalizationZusammenfassung: 1. Introduction -- 2. The LIBEMOD 2000 model -- 3. Short-run effects of liberalization -- 4. Long-run effects of liberalization -- 5. Robustness analyses and alternative future scenarios -- 6. Policies for clean and renewable energy production -- 7. Energy liberalization in RussiaPPN: PPN: 1023438879Package identifier: Produktsigel: ZDB-1-EWE
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