Modelling the Dynamics of Fuel and EU Allowance Prices during Phase 3 of the EU ETS

This article studies the relationship between the prices of fuel and EU Allowances (EUA) for carbon emissions during Phase 3 of the European Union Emissions Trading System. We find that the forward prices of EUA, coal, gas and Brent oil are jointly determined in equilibrium. The existence of such a...

Бүрэн тодорхойлолт

Номзүйн дэлгэрэнгүй
Үндсэн зохиолчид: M. Angeles Carnero, Jose Olmo, Lorenzo Pascual
Формат: Өгүүллэг
Хэл сонгох:English
Хэвлэсэн: MDPI AG 2018-11-01
Цуврал:Energies
Нөхцлүүд:
Онлайн хандалт:https://www.mdpi.com/1996-1073/11/11/3148