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
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