Publication type: Article in scientific journal
Type of review: Peer review (publication)
Title: Cross-country electricity trade, renewable energy and European transmission infrastructure policy
Authors: Abrell, Jan
Rausch, Sebastian
et. al: No
DOI: 10.1016/j.jeem.2016.04.001
Published in: Journal of Environmental Economics and Management
Volume(Issue): 79
Pages: 87
Pages to: 113
Issue Date: 22-Apr-2016
Publisher / Ed. Institution: Elsevier
ISSN: 0095-0696
Language: English
Subjects: Carbon dioxide emission; Cross-country electricity trade; General equilibrium modeling; Market integration; Transmission infrastructure policy; Renewable energy
Subject (DDC): 333.79: Energy
Abstract: This paper develops a multi-country multi-sector general equilibrium model, integrating high-frequency electricity dispatch and trade decisions, to study the effects of electricity transmission infrastructure (TI) expansion and renewable energy (RE) penetration in Europe for gains from trade and carbon dioxide emissions in the power sector. TI can benefit or degrade environmental outcomes, depending on RE penetration: it complements emissions abatement by mitigating dispatch problems associated with volatile and spatially dispersed RE but also promotes higher average generation from low-cost coal if RE production is too low. Against the backdrop of European decarbonization and planned TI expansion, we find that emissions increase for current and targeted year-2020 levels of RE production and decrease for year-2030 targets. Enhanced TI yields sizeable gains from trade that depend positively on RE penetration, without creating large adverse impacts on regional equity.
Fulltext version: Published version
License (according to publishing contract): Licence according to publishing contract
Departement: School of Management and Law
Organisational Unit: Center for Energy and Environment (CEE)
Appears in collections:Publikationen School of Management and Law

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