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Many countries committed themselves in the Kyoto protocol to reduce greenhouse gas (GHG) emissions. Some of these targeted emission reductions could result from a switch from coal-fired to gas-fired electricity generation. The focus in this work lies on Western Europe, with the presence of the European Union Emission Trading Scheme (EU ETS).For the switching to occur, several conditions have to be...
Due to the growing concern for global warming, the EU25 have implemented the European Union Greenhouse Gas Emission Trading Scheme (EU ETS). In the first trading period (2005–2007), part of the targeted GHG emission reductions presumably will have to result from a switch from coal fired electricity generation to gas fired electricity generation. It is possible to calculate the allowance cost necessary...
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