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ID: 088055

Assessing the advantages and drawbacks of government trading of / Ragwitz, Mario; González, Pablo del Río; Resch, Gustav

Ragwitz, Mario	Journal Article
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2009.

Summary/Abstract

The European Commission has proposed a new Renewable Energy Directive, which includes flexibility provisions allowing the cost-effective attainment of the ambitious target for renewable energy of 20% of energy consumption, which has been set for the year 2020. One of the flexibility provisions currently being considered is to allow countries to reach their individual targets by buying their renewable electricity deployment deficit from other countries with a surplus (i.e., with a renewable electricity deployment above their targets). This trade is likely to take the form of an exchange in guarantees of origin (GOs). GOs are currently implemented in Member States to fulfil the Renewable Electricity Directive requirement that each country has a system that allows the tracing of the source of each kWh of renewable electricity and informs on this source. Although the recent and tiny literature on the analysis of GO trading has focused on trade between firms, the exchange of GOs between governments has not received a comparable attention. This paper analyses the advantages and drawbacks of a system of government trading of GOs with respect to company trading.

Key Words

Renewable Electricity ; Public Promotion ; Guarantees of Origin

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ID: 101516

EU electricity disclosure from the business perspective-A study / M. Aasen; H. Westskog; H. Wilhite; M. Lindberg

M. Aasen	Journal Article
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Publication

2010.

Summary/Abstract

The EU Electricity Directive requires that consumers be provided information about the sources from which the electricity is produced, as well as about the CO2 emissions and the radioactive waste resulting from production sources. In this paper we examine the effectiveness of this information strategy based on a case study focusing on Norwegian enterprises. We explore the views of selected companies on the electricity disclosure scheme. We examine how effective the disclosure scheme is in informing and stimulating companies to buy green electricity products, and link this to what we know about the effects of information disclosure from the literature. Our results show that the information disclosed does to a little extent reach the businesses, and that firms express distrust in the system of Guarantees of Origin (GoO), which leads to distrust in the relevance of the information given through the disclosure scheme.

Key Words

Guarantees of Origin ; Disclosure ; Electricity Supply and Fuel Mix

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