Knowledge Center Results

Found 2 Results
Policy Brief June 5, 2017

Aligning Europe’s Policies for Carbon, Efficiency, and Renewables: Creating a “Virtuous Cycle” of Performance and Emissions Reduction

By Richard Cowart, Matthias Buck, Suzana Carp

Since the earliest days of environmental policy there has been an ongoing and robust debate over the roles of pollution pricing on the one hand, and direct regulatory and governmental programs on the other hand, as tools to reduce pollution levels equitably and efficiently. Today, as European decision-makers simultaneously negotiate the rules for the 4th Phase of...

Greenhouse Gas Management, Market Design, Role of Regulatory Institutions Download View Summary
Report December 1, 2015

The Market Design Initiative and Path Dependency: Smart Retirement of Old, High-carbon, Inflexible Capacity as a Prerequisite for a Successful Market Design

By Matthias Buck, Michael Hogan

The EU Commission's market design communication focuses primarily on the question of whether and how to intervene in support of investment in needed capacity. However, this issue must be addressed within the context of meeting climate and energy targets for 2030, which will require an increase in the share of low-carbon resources, including a large increase in pr...

Energy Resource Planning, Grid-Scale Renewables, Market Design, Reliability Download View Summary