fixed feed-in tariff An offer by government or a utility to purchase electricity from renewables producers at a fixed price, regardless of the producers’ costs of production. green (renewables) certificate A certificate, provided by a regulator to renewables producers for specified units of their electricity output; can be traded to other electricity producers who need it to meet their obligati...

For a variety of reasons it can be argued that the share of electricity generated from renewable energy sources should be increased. However, many of the new renewable energy technologies cannot yet successfully compete against conventional ones, and therefore support schemes are needed. A common approach, at least within the European Union, is the provision of guaranteed feed-in tariffs. More ...

Under the background of implementing renewable portfolio standards and ever-improving tradable green certificate scheme, increasingly environmentally-friendly preference power users is leading to changes in electricity demand, which, turn, driving decision-making behaviors various actors supply chain. Based on this, with goal pursuing maximum profit, consumer-power-demand functions have been in...

This article uses computer simulation to anticipate the price dynamics in a market for Tradable Green Certificates (TGCs). These markets have been used in Europe to promote generation of electricity from renewable resources like wind. Similar markets have been proposed in the United States of America (USA) where the certificates are called Renewable Energy Credits (RECs). The certificates are i...

This paper develops a theory of voluntary provision of a public good in which a household’s decision to engage in a form of environmentally friendly behavior is based on the desire to offset another behavior that is environmentally harmful. We apply the theory to a setting in which households may purchase green electricity in order to mitigate disutility associated with pollution emissions gene...

The assessment of capacity credits for wind energy and the value interpretation is reviewed critically. It is shown that the electricity market values the contribution to system reliability with market prices in a more precise way. This requires that markets for ancillary services exist and are based on price spike incentives given by the regulator. Price signals sent out by markets to investor...

Introduction Following deregulation of the principal energy markets, and EU failure to impose harmonised taxation on polluting emissions, some European countries have moved towards market based greening of energy supply. This move is demanding, however, as political authorities thereby engage extensively not only in market regulation, but also in market construction, even to the extent of takin...

Understanding the effect of a tradable green certificate (TGC) and renewable portfolio standard (RPS) policy mix is great importance for sustainable renewable-energy development carbon neutrality, given that demand side subjects are responsible under China’s RPSs studies from demand-side perspective relatively limited. To fill this gap, paper analyzes coupled relationship between TGC market ele...