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dc.contributor.authorDELARUE, Erik
dc.contributor.authorELLERMAN, A. Denny
dc.contributor.authorD'HAESELEER, William
dc.date.accessioned2012-01-25T17:52:04Z
dc.date.available2012-01-25T17:52:04Z
dc.date.issued2010
dc.identifier.citationEnergy, 2010, 35, 3, 1465-1475
dc.identifier.issn0360-5442
dc.identifier.urihttps://hdl.handle.net/1814/20096
dc.descriptionThis publication is based on research carried out in the frame work of the Loyola de Palacio Energy Policy Programme of the Robert Schuman Centre for Advanced Studies, European University Institute.
dc.description.abstractThis paper employs a simulation model of the European power sector to analyse the abatement response to a CO2 price through fuel switching, one of principal means of reducing greenhouse gas emissions in any economy. Abatement is shown to depend not only on the price of allowances, but also and more importantly on the load level of the system and the ratio between natural gas and coal prices. The interplay of these different determinants vitiates any simple relation between a CO2price and abatement and requires the development of more than two-dimensional graphics to illustrate these complex relationships. In the terms of the literature on the use of marginal abatement cost curves (MACCs), we find that these MACCs are not robust as usually defined and we suggest that the more complex topography developed in this paper may be more helpful in visualizing this abatement response to a CO2 price.
dc.format.mimetypeapplication/pdf
dc.language.isoen
dc.relation.ispartofseries[Loyola de Palacio Energy Policy Programme]en
dc.rightsinfo:eu-repo/semantics/openAccess
dc.titleRobust MACCs? The topography of abatement by fuel switching in the European power sectoren
dc.typeArticleen
dc.identifier.doi10.1016/j.energy.2009.12.003
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