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Impact of the Kyoto Protocol on the Iberian Electricity Market: A scenario analysys of phase 1: 2005-2007

J. Reneses, E. Centeno, N. Mosquera

19th Mini-EURO Conference Operation Research Models and Methods in the Energy Sector - ORMMES '06, Coimbra (Portugal). 06-08 September 2006


Summary:
This paper presents an assessment of the impact of Kyoto Protocol on the Iberian Electricity Market during its first phase: the period 2005-2007. A market-equilibrium model is used in order to analyze different conditions faced by generation companies. Scenarios of CO2 emission prices, hydro conditions, demand and fuel prices are considered. This valuation will show the significance of CO2 emission prices for Spanish and Portuguese electricity prices, generation mix, utilities’ profits and total CO2 emissions.


Keywords: CO2 emissions, Iberian Electricity Market, Kyoto Protocol, Market Equilibrium, Scenario Analysis


Publication date: 2006-09-06.



Citation:
J. Reneses, E. Centeno, N. Mosquera, Impact of the Kyoto Protocol on the Iberian Electricity Market: A scenario analysys of phase 1: 2005-2007, 19th Mini-EURO Conference Operation Research Models and Methods in the Energy Sector - ORMMES '06, Coimbra (Portugal). 06-08 September 2006.


    Research topics:
  • *Medium-Term Tactical Planning
  • *Analysis of Sustainable Energy Policies

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