Assessing the implementation of the Market Stability Reserve
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The MSR impacts on resilience to supply-demand imbalances, measured as the price responses induced by such shocks, are mixed.
“Perino & Willner, as well as Richstein et al. (2015), Holt & Shobe (2016), Chaton et al. (2018), Kollenberg & Taschini (2019), and Quemin & Trotignon (2021), find mixed results concerning the MSR impacts on the resilience to supply-demand imbalances if measured as the price responses induced by such shocks.”
From The Market Stability Reserve in the EU Emissions Trading System: A Critical Review (2023) · cites this paper as Chaton et al. (2018)
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“Perino & Willner (2016), as well as Richstein et al. (2015), Holt & Shobe (2016), Chaton et al. (2018), Kollenberg & Taschini (2019), and Quemin & Trotignon (2021), find mixed results concerning the MSR impacts on the resilience to supply-demand imbalances if measured as the price responses induced…”
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- Authors
- Chaton, C., Creti, A., & Sanin, M.-E.
- Affiliations
- Électricité de France (France) (FR)
- Université Paris-Saclay (FR)
- Corresponding author
- Chaton, Corinne
- Venue
- Energy Policy
- Publisher
- Elsevier BV
- Published
- 2018-07
- Volume
- 118
- Pages
- 642-654
- ISSN
- 0301-4215 (ISSN-L)
- OpenAlex
- W2737947829
- Cited by
- 31
- References
- 20
- Citations by year
- 2026: 2 · 2025: 2 · 2024: 5 · 2023: 8 · 2022: 6 · 2021: 2 · 2020: 5 · 2018: 1
- FWCI
- 3.05
- Type
- journal article
- Language
- en
- Open access
- green
- basepub.dauphine.fr
- Licence
- Locations
- Energy Policy (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- HAL (submittedVersion)
- Base Institutionnelle de Recherche de l'université Paris-Dauphine (BIRD) (University Paris-Dauphine) (submittedVersion, cc-by-sa)
- Funders
- Agence Nationale de la Recherche (ANR-11-LABX-0019)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Climate Change Policy and Economics
- Social Sciences › Law › EU Law and Policy Analysis
- Life Sciences › Agricultural and Biological Sciences › General Agricultural and Biological Sciences › Agricultural Economics and Policy
- Keywords
- Market Stability Reserve, EU Emissions Trading System, permit banking, arbitrage, stochastic demand, welfare effects, climate policy, emissions trading
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