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Modelling and price forecasts
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The Swedish-Norwegian Green Certificate Market is so far a success in terms of investments in renewable energy. However, it is difficult to understand short-term price market movements and substantial uncertainty about future prices. Agents’ strategies and freedom to act in the market are likely to affect prices and investments.
How a market based support scheme delivers market based decisions – A short comment on Fosen-Snillfjord »
Statkraft’s decision not to go ahead with the projects at Fosen and Snillfjord is reasonable market behaviour in a market based support scheme and should not be regarded as a sign that market participants are losing faith in the certificate market. There are however flaws in the market design that need to be addressed by […]
A new Norwegian climate policy white paper suggests that Norway should fulfil its climate policy target in closer cooperation with the EU. A central question is whether this implies tighter domestic mitigation policies in Norway.