Effectiveness of greenhouse-gas Emission Trading Schemes implementation: a review on legislations

Villoria-Sáez, Paola; Tam, Vivian Wing Yan; Merino, Mercedes del Río; Arrebola, Carmen Viñas; Wang, Xiangyu

doi:10.1016/j.jclepro.2016.03.148

Cited by 74 publications

(23 citation statements)

References 11 publications

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“…x 15 ≥ 11,956,080,000 kWh (18) Renewable energy must represent 30% of the total electricity production: (19) Windmills must produce at least 3,011,640,000 kWh of energy:…”

Section: Discussion Of Power Planning Scenario Development Results Fomentioning

confidence: 99%

“…The study analyzed the optimal penalty for emissions trading schemes and suggested changes in existing GHG schemes in order to enhance their effectiveness. Villoria-Saez et al [19] noted that GHG emissions have decreased about 1.6% per year in investigated countries since GHG Trading Schemes employment. Other authors analyzed the interaction of EU ETS with other climate change mitigation policy schemes [20] like white certificates [21] and found that their interaction has a positive impact on GHG emissions reduction.…”

Section: Literature Reviewmentioning

confidence: 97%

“…In 2012, the debates about EU ETS mainly concentrated on the following issues: back-loading, restructuring of scheme, and targets set for 2030 [17,18]. Villoria-Saez et al [19] assessed the effectiveness of emission trading schemes across world regions and conducted an investigation of carbon emissions in relation to GHG emissions penalties in EU, US, Australia, Canada, China, and New Zeeland. The study analyzed the optimal penalty for emissions trading schemes and suggested changes in existing GHG schemes in order to enhance their effectiveness.…”

Section: Literature Reviewmentioning

confidence: 99%

See 2 more Smart Citations

EU Carbon Emissions Market Development and Its Impact on Penetration of Renewables in the Power Sector

Rabe¹,

Štreimikienė²,

Bilan³

2019

Energies

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This paper focuses on the analysis of the EU carbon trading scheme and its impacts on regional power system development and penetration of renewable energy sources (RES). The aim of the article is to analyze the forecasts of carbon dioxide (EUA) prices for the years 2019–2030 and to apply the results of this forecast in regional power system planning. The data employed in this paper come from many sources, including empirical data of the selected analytical companies, such as Thomson Reuters among others. The current low prices for carbon dioxide emission rights do not encourage the reduction of greenhouse gas emissions, in particular carbon dioxide, and do not have a significant impact on the penetration of renewables. This paper presents the results of two scenarios (for 2021 and 2030) developed after the analysis of the EUA price impact on penetration of renewable energy sources in West-Pomeranian region assuming different electricity production and the EUA price forecasts. The results of two regional energy development scenarios run for 2021 and 2030 indicate changes in the structure of renewables in West-Pomeranian region. The results also show that the increase of EUA price has a significant impact on the increase of costs for power production and increase of unit cost of the installed 1GWh. In addition, the forecasted EUA price in 2030 is 3% lower as compared with 2021, which has its impact on the increased share of electricity produced by co-firing biomass with other fossil—from 42% to 68% in the electricity generation structure of West-Pomeranian region.

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“…x 15 ≥ 11,956,080,000 kWh (18) Renewable energy must represent 30% of the total electricity production: (19) Windmills must produce at least 3,011,640,000 kWh of energy:…”

Section: Discussion Of Power Planning Scenario Development Results Fomentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 97%

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

EU Carbon Emissions Market Development and Its Impact on Penetration of Renewables in the Power Sector

Rabe¹,

Štreimikienė²,

Bilan³

2019

Energies

View full text Add to dashboard Cite

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“…The environment has been affected negatively by the gas emissions such as increased global temperatures (0.12 °C per decade since 1951), ocean acidification (26% increase in acidity since 1750), and rising average sea levels (0.19 m since 1901) (Lashaki and Sayari, 2018). At the same time, if it doesn't take precaution for this, it is estimated that the global temperature will increase by 1-5 °C in 2050 (Liu et al, 2017a;Villoria-Saez et al, 2016). One of the main components of greenhouse gases is CO2 and it is significantly produced from anthropogenic sources and fossil fuel combustion (Creamer et al, 2016;Youn et al, 2011).…”

Section: Introductionmentioning

confidence: 99%

Investigation of ordered mesoporous carbon potential as low-cost CO2 adsorbent

2020

Global NEST: The International Journal

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<p>In this study, an investigation was carried out in order to determine the potential of ordered mesoporous carbon including high ratio sucrose in its composition as a CO2 adsorbent. Structural characterizations of silica and carbon material were determined by using a scanning electron microscope (SEM), N2 adsorption/desorption and X-ray diffraction (XRD) analysis. CO2 adsorption capacities of developed adsorbent at various temperatures (25°C, 35°C and 50°C) were determined by using a thermogravimetric analyzer under CO2 flow. The maximum adsorption capacity was obtained as approximately 2.27 mmol g CO2 g-1 adsorbent which was remained almost the same in the desorption process. The first order reaction kinetic model was well fitted with the experimental data. Arrhenius equation was used to calculate activation energy which was obtained as -2.86 kJ mol-1 indicating barrier-less type adsorption. Results showed that ordered mesoporous carbon could be a potential source for an efficient and low-cost adsorbent for CO2 capture.</p>

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“…The classic items include those that perceive this instrument in contrast to other legal solutions, such as [Opschoor, Vos 1989;Pearce, Turner 1990;Tietenberg 1991]. There are many publications concerning the practice of the ETS system, along with an assessment of its effectiveness or efficiency, including [Egenhofer et al 2011;Abrell, Ndoye Faye, Zachmann 2011;Clo 2009;Ellerman, Convery, Perthuis 2010;Grubb et al 2012;Laing et al, 2013;Villoria-Sáeza et al 2016;Faure, Peeters 2008;Martin et al 2012]. As the EU ETS has a huge impact on the economy, there are many publications regarding its impact on the energy sectors of individual countries [Hoffmann 2007;Linares et al 2006;De Bruyn et al 2008;Lund 2007;Kirat et al 2011;Conga et al 2010;Bonentia et al 2013;Rogge, Hoffmann 2010].…”

Section: Introductionmentioning

confidence: 99%

Efficiency of the emissions trading scheme – a theoretical approach

Kudełko¹

2019

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

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The purpose of the article is to indicate the most important feature of the emissions trading system-efficiency-which was the basis for the proposed and currently implemented legal solutions for environmental protection actions. The main reasons for the discrepancies in environmental and economic policies are described. The most important of which are the unequal treatment of the own costs of energy companies and the external costs caused by the emissions of the main pollutants. This causes incorrect investment decisions (allocation) made by the energy producers. The conditions under which the emissions trading system fulfil the criterion of allocation and cost efficiency are given. The analysis of some features that are the essence of this instrument creates the premise for a better understanding of its operation. The negative opinions formulated, also in Poland, emerge mainly from the opinions about this instrument, focusing only on its negative impact on energy prices increases, but also the practice of the EU ETS, which is largely inconsistent with its original assumptions.

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Effectiveness of greenhouse-gas Emission Trading Schemes implementation: a review on legislations

Cited by 74 publications

References 11 publications

EU Carbon Emissions Market Development and Its Impact on Penetration of Renewables in the Power Sector

EU Carbon Emissions Market Development and Its Impact on Penetration of Renewables in the Power Sector

Investigation of ordered mesoporous carbon potential as low-cost CO2 adsorbent

Efficiency of the emissions trading scheme – a theoretical approach

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