Prospects for a common, deregulated Nordic electricity market
Working paper
Published version
Åpne
Permanent lenke
http://hdl.handle.net/11250/2628656Utgivelsesdato
1995-06Metadata
Vis full innførselSamlinger
- Discussion Papers [1002]
Sammendrag
Electricity markets have typically been regulated all over the world. In Europe, UK and Norway have begun to deregulate their electricity markets. Several more countries will probably join them in the near future, for example Finland, Sweden and Spain. The objectives are twofold: to increase efficiency and to contribute both locally and globally to environmental improvement. Even larger regions like the European Union, plan to deregulate their internal electricity markets. For the EU this implies introduction of third party access to the transmission grid within and between the Union member countries. In this context, the Scandinavian push towards deregulation is an interesting experiment. We discuss the consequences of an international deregulation of electricity markets on the basis from simulations on an empirical energy market model for the Nordic countries. Deregulation may have severe effects on the location of new power plants within the Nordic area and implies a large impact on the income distribution both among countries and between electricity producers and consumers. The beneficial effects of deregulation are highly dependent upon the Nordic natural gas trade and prices. In our model, international co-ordination of environmental instruments like carbon dioxide taxes has a greater impact on emission level reductions than does deregulation. However, deregulation also contributes.
Utgiver
Statistisk sentralbyråSerie
Discussion papers;144Beslektede innførsler
Viser innførsler beslektet ved tittel, forfatter og emneord.
-
The impacts of alternative policy instruments on environmental performance. A firm level study of temporary and persistent effects
Bye, Brita; Klemetsen, Marit Elisabeth (Discussion papers;788, Working paper, 2014-10)We study the effects of various environmental regulations on environmental performance measured as emission intensity. Moreover, we aim to test whether any such effects are persistent or only temporary. Conventional theory ... -
The welfare effects of carbon policies: grandfathered quotas versus differentiated taxes
Bye, Brita; Nyborg, Karine (Discussion Papers;No. 261, Working paper, 1999)Recently, it has been demonstrated that pre-existing distortionary taxes can substantially increase the costs of market-based instruments which do not raise revenue, such as non-auctioned emissions quotas. Revenue-raising ... -
Labour market rigidities and environmental tax reforms : welfare effects of different regimes
Bye, Brita (Discussion Papers;No. 242, Working paper, 1998)The working of the labour market is important for the total welfare effects of tax reforms. This paper analyses, by using a computable general equilibrium model for the Norwegian economy, how different assumptions about ...