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Local Utilities Under the EU Emission Trading Scheme: Innovation Impacts on Electricity Generation Portfolios

  • Katrin Ostertag
  • Nele Glienke
  • Karoline Rogge
  • Dorothea Jansen
  • Ulrike Stoll
  • Sven Barnekow
Chapter
Part of the Sustainability and Innovation book series (SUSTAINABILITY)

Abstract

In January 2005, the EU wide emission trading scheme (EU ETS) for large stationary emitters of CO2 started in its then 25 Member States. The general objective of this novel economic instrument is to help the EU cost-efficiently achieve its Kyoto commitment of reducing its greenhouse gas emissions (GHG) by −8% by 2008–2012 (compared to 1990) and future – possibly more stringent – GHG reduction goals. With a view to the scale of long-term emission reduction requirements, climate protection innovations will have to play a major role. It is therefore of utmost importance to understand how the EU ETS influences activities in these technologies.

Keywords

Allocation Rule Emission Trading Scheme Carbon Market Innovation Effect Local Utility 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Notes

Acknowledgements

We gratefully acknowledge the financial support of the VW foundation (grant number AZ II/80 547) for carrying out this study.

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Copyright information

© Physica-Verlag HD 2012

Authors and Affiliations

  • Katrin Ostertag
    • 1
  • Nele Glienke
    • 2
  • Karoline Rogge
    • 1
  • Dorothea Jansen
    • 3
  • Ulrike Stoll
    • 4
  • Sven Barnekow
    • 5
  1. 1.Fraunhofer Institute Systems and Innovation ResearchKarlsruheGermany
  2. 2.EWE AG, EWE.CO2 SolutionsOldenburgGermany
  3. 3.German University of Administrative Sciences and German Research Institute for Public AdministrationSpeyerGermany
  4. 4.Statistisches Landesamt Baden-WürttembergStuttgartGermany
  5. 5.BDEWe.v., Landesgruppe NorddeutschlandHamburgGermany

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