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来源类型 | Research Report/Study |
规范类型 | 报告 |
Price Determinants of the European Carbon Market and Interactions with Energy Markets | |
Schumacher, K.; Cludius, J.; Matthes, F.; Diekmann, J.; Zaklan, A. | |
发表日期 | 2012-06 |
出版年 | 2012 |
语种 | 英语 |
概述 | This report explores the determinants of short run price movements in the carbon market and their interaction with energy markets, in particular with the electricity market. Focusing on Phase 2 of the EU ETS we conduct econometric time... |
摘要 | Price Determinants of the European Carbon Market and Interactions with Energy Markets This report explores the determinants of short run price movements in the carbon market and their interaction with energy markets, in particular with the electricity market. Focusing on Phase 2 of the EU ETS we conduct econometric time series analysis based on continental EU and UK market data. Our findings suggest that market fundamentals have a dominant effect on the EUA price, but that non-fundamental factors may also play a role. We further found that the electricity price has a significant positive impact on the carbon price in the short run. |
URL | https://www.oeko.de/en/publications/p-details/price-determinants-of-the-european-carbon-market-and-interactions-with-energy-markets-1/ |
来源智库 | Institute for Applied Ecology (Germany) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/136257 |
推荐引用方式 GB/T 7714 | Schumacher, K.,Cludius, J.,Matthes, F.,et al. Price Determinants of the European Carbon Market and Interactions with Energy Markets. 2012. |
条目包含的文件 | 条目无相关文件。 |
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