Search results for " EMI"
showing 10 items of 1830 documents
The Spanish Turn against Renewable Energy Development
2018
[EN] In this study, we focus on the case of Spanish energy policy and its implications for sustainable energy development. In recent years, Spanish legislation has changed dramatically in its approach to sustainable energy sources. This change is despite EU and international efforts to increase energy efficiency, and to accelerate the transition to renewable energy sources (RES) in order to reduce greenhouse gas emissions. Based on the socio-technical transitions literature, this paper assesses the role of the new legislation in this altered scenario, and analyzes the evolution of energy production in Spain in the EU context. The results are triangulated with two expert assessments. We find…
The timeline of trading frictions in the European carbon market
2012
We evaluate the quality of prices of EU-ETS, the most active European derivative market for greenhouse gas emissions allowances (EUAs). So far, this market has had two phases, a trial phase (from 2005 to 2007) and a commitment phase (from 2008 to 2012). The true value of a trial-phase EUA at the beginning of 2008 was inevitably zero because it could not be used in the commitment phase to cover emission targets. However, continued rumors of over-allocation of EUAs led to an early collapse of the market by May 2007. We study whether this market breakdown and the subsequent outbreak of the international financial crisis had a persistent effect on the quality of the commitment phase. We provide…
CO2 Prices, Energy and Weather
2007
One of the main objectives of the European Union Emission Trading Scheme is the establishment of a market price level for allowances that show to European CO 2 emitting installations the environmental impact of their polluting activities. The aim of this paper is to focus on the daily price changes during 2005 in an attempt to examine the underlying rationality of pricing behaviour. Specifically, we study the effect of those weather and non-weather variables that academic and market agents consider as the major determinants of the of CO 2 price levels. The results show that the energy sources are the principal factors in the determination of CO 2 price levels, and that only extreme temperat…
Regulation as determinant of EUA prices
2014
In this paper we analyse the impact of supply and demand factors on EUA Phase II future prices, with a particular emphasis on the European Commission announcements regarding the organisation of Phase II and Phase III of the European Union Emission Trading Scheme. Using two different methodologies we find strong significance of EC announcements in particular regarding the National Allocation Plans and the cap for Phase III. Our results are particularly relevant to the light of the decisions that the EC must take to achieve the 20-20-20 objectives.
The environmental Kuznets curve within European countries and sectors: greenhouse emission, production function and technology
2018
Based on the environmental Kuznets curve (EKC) hypothesis and the technological change and the environment literature, our original contribution consists in analysing within the decomposition model the direct and indirect influence of technological change as well as the energy mix on CO2 emissions. Focusing on the dirtiest sectors of 25 EU countries in the period 1997-2005 and considering the endogeneity issue, we estimate an adjusted EKC relationship comparing a single equation model (univariate model) with a simultaneous equations system (bivariate model). Following Lopez (J Environ Econ Manag 27:163-184, 1994), a second equation is introduced where per capita income is a positive functio…
- STRATEGIC PIGOUVIAN TAXATION, STOCK EXTERNALITIES AND POLLUTING NON-RENEWABLE RESOURCES
2001
This paper extends Wirl and Dockner¿s (1995) model designed to analyze the long-term bilateral interdependence between a resource exporting cartel and a coalition of resource importing country governments. Firstly, depletion effects are introduced into the analysis of the intertemporal properties of a pigouvian tax. Secondly, the feedback Stackelberg equilibria are computed. The results show that the dynamics of the tax depends critically on the level of the marginal environmental damage. Moreover, they also show that the tax defined by the Markov-perfect Nash equilibrium is a neutral pigouvian tax in the sense that it only corrects the market inefficiency caused by the stock externality. H…
Eiropas Savienības CO2 emisijas kvotu tirdzniecības sistēma un Latvijas tautsaimniecības ilgtspējīga attīstība
2013
ANOTĀCIJA Promocijas darba mērķis ir, balstoties uz datiem par Eiropas Savienības Emisijas kvotu tirdzniecības sistēmas (ES ETS) darbību Latvijā un ES ETS integrētību Latvijas tautsaimniecības politikā, mikro un makro līmenī izpētīt ES ETS līdzšinējo ietekmi uz Latvijas tautsaimniecības ilgtspējīgu attīstību. Pētījuma ietvaros autore izstrādājusi modeli lēmuma pieņemšanai par tiešo dalību atļauju tirdzniecībā, formulējusi stratēģijas tiešajai dalībai atļauju tirdzniecībā, izvērtējusi ES ETS integrētību Latvijas tautsaimniecības ilgtspējīgas attīstības politikā, novērtējusi ES ETS ietekmi uz Latvijas ES ETS dalībniekiem, izanalizējusi Latvijas ES ETS dalībnieku zināšanas un izpratni par ES E…
Effect of neutron halos on excited states of nuclei
2011
The differential cross sections of the inelastic scattering leading to the excitation of short-lived states in the stable ${}^{13}$C and ${}^{9}$Be nuclei as well as the radioactive ${}^{11}$Be nucleus have been analyzed. Signatures of neutron halos in the excited states located close to the neutron emission thresholds have been investigated by applying a recently developed modified diffraction model. The abnormally large rms radius was identified for the 3.089-MeV $1/{2}^{+}$ state of ${}^{13}$C. Significantly enlarged diffraction radii were found for the 1.68-MeV $1/{2}^{+}$ and the 3.05-MeV $5/{2}^{+}$ states of ${}^{9}$Be. The analysis of the diffraction radii of the weakly bound radioa…
Energy management strategy to reduce pollutant emissions during the catalyst light-off of parallel hybrid vehicles
2020
Abstract The transportation sector is a major contributor to both air pollution and greenhouse gas emissions. Hybrid electric vehicles can reduce fuel consumption and CO2 emissions by optimizing the energy management of the powertrain. The purpose of this study is to examine the trade-off between regulated pollutant emissions and hybrid powertrain efficiency. The thermal dynamics of the three-way catalyst are taken into account in order to optimize the light-off. Experimental campaigns are conducted on a spark-ignition engine to introduce simplified models for emissions, exhaust gas temperature, catalyst heat transfers and efficiency. These models are used to determine the optimal distribut…