Marginal Abatement Cost for the Evaluation of the Market Stability Reserve
Marginal Abatement Cost for the Evaluation of the Market Stability Reserve
Period:
01. – 31.12.2014
The European Commission was discussing the introduction of a market stability reserve (MSR) for stabilizing market prices within the EU emission trading system (EU ETS). To assess the likely effect of such an MSR, a model comparison analysis coordinated by DIW Berlin was undertaken to study the interaction of different behaviour of investors and technological cost of reducting emissions. For assessing the cost of emission reductions within this model comparison, ZEW provided marginal abatement cost curves based on the PACE model.
Contact
Florian Landis