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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12647 |
DP12647 Policies for decarbonizing a liberalized power sector | |
David Newbery | |
发表日期 | 2018-01-24 |
出版年 | 2018 |
语种 | 英语 |
摘要 | Given the agreed urgency of decarbonizing electricity and the need to guide decentralized private decisions, an adequate and credible carbon price appears essential. The paper defines and quantifies the useful concept of the break-even carbon price for mature zero-carbon electricity investments. It appears an attractive alternative given the difficulty of measuring the social cost of carbon, but modelling shows it extremely sensitive to projected fuel prices, the rate of interest, and the capital cost of generation options, all of which are very uncertain. This has important implications, and justifies combining a carbon price floor with suitable long-term contracts for electricity investments. |
主题 | Public Economics |
关键词 | Carbon price Electricity investment Renewables |
URL | https://cepr.org/publications/dp12647 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541458 |
推荐引用方式 GB/T 7714 | David Newbery. DP12647 Policies for decarbonizing a liberalized power sector. 2018. |
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