Carbon pricing and Alberta's energy-only electricity market

被引:3
|
作者
Olmstead D.E.H. [1 ,2 ]
Yatchew A. [3 ]
机构
[1] Department of Economics, University of Calgary
[2] Department of Economics, Carleton University
来源
Electricity Journal | 2022年 / 35卷 / 04期
关键词
Alberta; Carbon pricing; Emissions offsets; Emissions trading; Energy-only electricity market;
D O I
10.1016/j.tej.2022.107112
中图分类号
学科分类号
摘要
Alberta operates one of the few energy-only electricity markets. This paper highlights the benefits of Alberta's market design for the incorporation of a carbon price which efficiently transmits incentives to market participants. Specific attention is paid to how carbon pricing has contributed to the shift away from coal towards natural gas and wind. The incentives created by carbon pricing have resulted in substantial new investment in wind, solar, and natural gas-fired generation capacity. © 2022 The Authors
引用
收藏
相关论文
共 50 条
  • [1] Measuring market power and the efficiency of Alberta's restructured electricity market: An energy-only market design
    Brown, David P.
    Olmstead, Derek E. H.
    CANADIAN JOURNAL OF ECONOMICS-REVUE CANADIENNE D ECONOMIQUE, 2017, 50 (03): : 838 - 870
  • [3] Will the energy-only market collapse? On market dynamics in low-carbon electricity systems
    Thomassen, Georg
    Redl, Christian
    Bruckner, Thomas
    RENEWABLE & SUSTAINABLE ENERGY REVIEWS, 2022, 164
  • [4] A Mathematical Model for Electricity Scarcity Pricing in ERCOT Real-Time Energy-Only Market
    Liu, Cong
    Guo, Jiachun
    Hui, Hailong
    Maggio, Dave
    Surendran, Resmi
    Chen, Jian
    Thompson, David
    Chu, Zhengguo
    Chang, Sean
    2017 IEEE POWER & ENERGY SOCIETY GENERAL MEETING, 2017,
  • [5] Estimating the value of electricity storage in an energy-only wholesale market
    McConnell, Dylan
    Forcey, Tim
    Sandiford, Mike
    APPLIED ENERGY, 2015, 159 : 422 - 432
  • [6] Vertical integration in energy-only electricity markets
    Simshauser, Paul
    Tian, Yuan
    Whish-Wilson, Patrick
    ECONOMIC ANALYSIS AND POLICY, 2015, 48 : 35 - 56
  • [7] Market design for resource adequacy: A reliability insurance overlay on energy-only electricity markets
    Billimoria, Farhad
    Poudineh, Rahmatallah
    UTILITIES POLICY, 2019, 60
  • [8] Linking the energy-only market and the energy-plus-capacity market
    Gore, Olga
    Vanadzina, Evgenia
    Viljainen, Satu
    UTILITIES POLICY, 2016, 38 : 52 - 61
  • [9] Resource adequacy in the "Energy-Only" ERCOT market
    Siddiqi, Shams N.
    2007 IEEE POWER ENGINEERING SOCIETY GENERAL MEETING, VOLS 1-10, 2007, : 1511 - 1513
  • [10] Carbon pricing with an output subsidy under imperfect competition: The case of Alberta's restructured electricity market
    Brown, David P.
    Eckert, Andrew
    Eckert, Heather
    RESOURCE AND ENERGY ECONOMICS, 2018, 52 : 102 - 123