Cited by 576Climate Change Policy and EconomicsRenewable energy and sustainable power systemsElectric Power System Optimization

The DOI matches its Crossref record.

CO 2 cost pass-through and windfall profits in the power sector

Open access

Sijm, Jos, Neuhoff, Karsten, Chen, Yihsu·2006·Climate Policy

DOI 10.1080/14693062.2006.9685588

Open this paper in CoChat — free account Open PDF

Abstract

In order to cover their CO2 emissions, power companies receive most of the required EU ETS allowances for free. In line with economic theory, these companies pass on the costs of these allowances in the price of electricity. This article analyses the implications of the EU ETS for the power sector, notably the impact of free allocation of CO2 emission allowances on the price of electricity and the profitability of power generation. As well as some theoretical reflections, the article presents empirical and model estimates of CO2 cost pass-through for Germany and The Netherlands, indicating that pass-through rates vary between 60 and 100% of CO2 costs, depending on the carbon intensity of the marginal production unit and various other market- or technology-specific factors. As a result, power companies realize substantial windfall profits, as indicated by the empirical and model estimates presented in the article.

Integrity signals

Registry

Crossref · 10.1080/14693062.2006.9685588

Cites

Statistics

Recomputing p-values needs the paper’s full text.

Claims the paper makes

We couldn’t retrieve this paper’s full text, so its claims and self-check weren’t run. The registry and citation checks still apply.

Claims other papers make about this one

Each is checked against this paper’s own text: does it say what the citing paper says it does?

No references could be resolved yet.

Research works printed but not linked: 12

10.1016/S1040-6190(02)00316-0 · DOI
Burtraw , D. , Palmer , K. and Kahn , D. 2005 . Allocation of CO2 Emissions Allowances in the Regional Greenhouse Gas Cap-and-Trade Program., RFF Discussion Papers 05 – 25 .
EC . 2005 . Further Guidance on Allocation Plans for the 2008 to 2012 Trading Period of the EU Emission Trading Scheme. Brussels : European Commission .
Frontier Economics . 2006 . CO2 Trading and its Influence on Electricity Markets.Final report to DTe London : Frontier Economics Ltd .
IPA Energy Consulting . 2005 . Implications of the EU Emissions Trading Scheme for the UK Power Generation Sector, report to UK Department of Trade and Industry .
Muesgens , F. and Neuhoff , K. 2006 . Modelling Dynamic Constraints in Electricity Markets and the Costs of Uncertain Wind Output. EPRG WP 05/14.
10.1080/14693062.2006.9685589 · DOI · Paper page
Reinaud , J. 2003 . Emissions Trading and its Possible Impacts on Investment Decisions in the Power Sector. IEA Information Paper Paris
Reinaud , J. 2005 . Industrial Competitiveness under the European Union Emissions Trading Scheme. IEA Information Paper Paris
Sijm , J. , Bakker , S. , Chen , Y. , Harmsen , H. and Lise , W. 2005 . CO2 Price Dynamics: The Implications of EU Emissions Trading for the Price of Electricity. ECN-C–05–081 Petten , , The Netherlands : Energy Research Centre of the Netherlands .
Sijm , J. , Chen , Y. , ten Donkelaar , M. , Hers , S. and Scheepers , M. 2006 . CO2 Price Dynamics: A Follow-up Analysis of the Implications of EU Emissions Trading for the Price of Electricity, ECN-C–06–015 Petten , , The Netherlands : Energy Research Centre of the Netherlands .
Stewart , M. and Wallis , K. 1981 . Introductory Econometrics, , 2nd edition Oxford : Basil Blackwell .

Sorted by citations

Items 401–500 of 527

The informational contents of announcements on verified emissions in the EU ETS - An empirical investigation using a multi-country event study approach
Schmidt, P., & Werner, T. (2011) · doi:10.5167/uzh-57092 · Cited by 2
“Sijm et al. (2006) test empirically if price change in the permit prices are passed through on the end prices and find strong evidence for so called windfall profits for German and Dutch electricity producers and conclude that firms with market power can profit from regulation if the permits are…”
Background
Allocation Rules in the EU ETS: Impact on Electricity Prices and Economic Efficiency
Wang, P.-P., & Yang, R.-G. (2009) · 2009 International Conference on Management and Service Science · doi:10.1109/icmss.2009.5302557 · Cited by 2
“Our estimations for Germany’s power sector indicate that these windfall profits may be substantial, a conclusion that is substantiated by a Sijm et al. (2006:49) for the case of Netherlands’ power sector.”
BackgroundResultInfluential
The Effects of the EU ETS on Pollution Abatement InvestmentsPreprint
Goerger, A. (2021) · SSRN Electronic Journal · doi:10.2139/ssrn.3798397 · Cited by 3
Capacity remuneration mechanisms for electricity markets in transition
Bublitz, A. (2019) · doi:10.5445/ir/1000096476 · Cited by 2
Risk Aversion in Modeling of Cap-and-Trade Mechanism and Optimal Design of Emission Markets
Falbo, P., & Hinz, J. (2016) · doi:10.1007/978-3-319-23425-0_10 · Cited by 2
“An empirical analysis, see [12] confirms that the strategy of costpass-through is currently followed by the European energy producers.”
Background
Emissions Trading and Stock Returns: Evidence from the European Steel and Combustion Industries
Bruggeman, J., & Halit Gonenc, B. (2012) · Springer eBooks · doi:10.1007/978-3-642-30601-3_7 · Cited by 2
Greening the Korean Stacks Through Lessons from the EU Emissions Trading System: A Socio-legal Analysis
Kim, H., & Stech, R. (2012) · doi:10.1007/978-94-007-4417-2_3 · Cited by 2
“Overall annual windfall profits in 2005–2006 were between €24 and 35 billion (Sijm et al. 2006).”
Background
Impact of Carbon Costs on Wholesale Electricity Market
Kim, W., Park, J., & Lee, J.-W. (2010) · The Transactions of The Korean Institute of Electrical Engineers · doi:10.5370/kiee.2010.59.4.700 · Cited by 1
“발전회사가 탄소 비용을 정산가격에 얼마나 전가 (Pass-Through)시킬 수 있는지에 대한 척도(measure)로는 일반적으로 다음과 같이 가격민감도 기반의 식이 많이 사용 되고 있다[2].”
The pass-through rates of carbon costs on to electricity prices within the Australian National Electricity Market
Nazifi, F. (2015) · Environmental Economics and Policy Studies · doi:10.1007/s10018-015-0111-8 · Cited by 1
“13 According to Sijm et al. (2012), this market structure refers primarily to the interaction among the number of firms (as an indicator of the level of market competitiveness or market concentration), the shape of the demand curve, and the shape of the supply curve.”
BackgroundInfluential
A micro level empirical analysis of Chinese steel exporter responses to the expected carbon border adjustment mechanism
Xing, C. (2026) · Discover Sustainability · doi:10.1007/s43621-026-02969-5 · Cited by 1
Carbon cost pass-through rate in power system: evidence from Italy under the EU ETS
Duttilo, P., & Lisi, F. (2026) · doi:10.48550/arxiv.2604.03076 · Cited by 1
“To estimate the impact of carbon prices on Italian spot electricity prices, an OLS regression model is employed, following Chen et al. (2008); Sijm et al. (2006, 2008); Nazifi (2016); Nazifi et al. (2021); Ding (2022).”
Influential
Why the effectiveness of ETSs on green innovation differs? The perspective from price stabilization mechanisms
Wang, B., Zhu, W., & Song, D. (2025) · Energy and climate management. · doi:10.26599/ecm.2025.9400020 · Cited by 1
Designing a Sustainable Framework for Thailand’s Future Emissions Trading System
Raksakulkarn, V., Wongsapai, W., Daroon, S., & Jaitiang, T. (2025) · Sustainability · doi:10.3390/su17198588 · Cited by 1
Co-Benefits of Carbon Pricing and Electricity Market Liberalization: A CGE Case Study
Yan, N., Huang, S., Chen, Y., Zhang, D., Xu, Q., Yang, X., & Wen, S. (2025) · Sustainability · doi:10.3390/su17135992 · Cited by 1
Self-citation
Over-Allocation Profits, Inefficiencies and Competition Issues: A Close-Up into the Interaction Between the EU ETS and the Steel Industry
Sanin, M., & Sourisseau, S. (2024) · Revue économique · doi:10.3917/reco.746.1067 · Cited by 1
Research on power market mechanism under the background of carbon trading
Shi, A., Chen, Q., Wang, K., Lan, Z., Zha, P., & Meng, X. (2022) · Other Conferences · doi:10.1117/12.2639146 · Cited by 1
“Then ongoing industrial practices and scientific researches [1-12] are studied, to establish power market mechanism that facilitate carbon market effectiveness, including market offer price cap, carbon cost allocation, and demand-side management.”
Background
Policy Durability
Jordan, A., & Moore, B. (2020) · Durable by Design? · doi:10.1017/9781108779869.002 · Cited by 1
The Quest for Durability
Jordan, A., & Moore, B. (2020) · Cambridge University Press eBooks · doi:10.1017/9781108779869.003 · Cited by 1
Emissions trading
Wake, B. (2020) · Nature Climate Change · doi:10.1038/s41558-020-0812-2 · Cited by 1
THE CHANGING ROLE OF CARBON PRICING IN THE EU
Elkerbout, M. (2020) · National Institute Economic Review · doi:10.1017/nie.2020.3 · Cited by 1
Economics – The Proper Valuation of Security and Environment
Newbery, D. (2019) · In Search of Good Energy Policy · doi:10.1017/9781108639439.003 · Cited by 1
Load and Power Generation
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.008
Electricity Transmission: Basic Principles
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.015 · Cited by 1
Assessing the Benefits of Retail Competition
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.021
Analysis of Capacity Remuneration Mechanisms
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.024 · Cited by 2
District heating systems under high CO2 emission prices: the role of the pass-through from emission cost to electricity prices
Wehrle, S., & Schmidt, J. (2018) · doi:10.48550/arxiv.1810.02109 · Cited by 1
“Sijm et al. (2006) analyse potential windfall profits that accrue to power companies in the wake of the introduction of the EU ETS.”
BackgroundMethodResultInfluential
Carbon Pricing, Forward Risk Premiums and Pass-Through Rates in Australian Electricity Futures Markets
Maryniak, P., Trück, S., & Weron, R. (2016) · doi:10.2139/ssrn.2889892 · Cited by 1
“…as pass-through rates of carbon on electricity prices have mainly been studied for the European Union Emissions Trading Scheme (EU-ETS), see, e.g., Sijm et al. (2006), Hirschhausen and Zachmann (2008), Bunn and Fezzi (2009), Daskalakis and Markellos (2009), Fell (2010), Naziﬁ and Milunovich…”
Influential
Emission Market Design Based on Supply Function Equilibrium Model
Fu, S.-J. (2015) · doi:10.11648/j.ijeee.20160101.11 · Cited by 1
“Reference [8] applied NAP based on EU ETS framework to forecast emission price, and found that allowances supply abundance was the main reason why price decreased in the first pilot period of EU ETS.”
Influential
An empirical study on the interaction between EUA futures, coal, natural gas and electricity
Lu, W., & Yin, H. (2012) · doi:10.1504/ijge.2012.048422 · Cited by 1
The european union emission trading scheme and energy markets : economic and financial analysis
Bertrand, V. (2012) · theses.fr (ABES) · doi:10.70675/9eb8388ez189bz445czb56ez62604e31836d
Evaluating the Impacts of the EU-ETS on Prices, Investments and Profits of the Italian Electricity Market
Bonenti, F., Oggioni, G., Allevi, E., & Marangoni, G. (2012) · doi:10.2139/ssrn.1992328 · Cited by 1
“Note that, in our analysis, we do not consider the windfall proﬁts problem that has been extensively discussed and proved in literature (see Chen et al., 2008, Kara et al., 2008, Linares et al., 2008, Lise et al., 2010, Sijm et al., 2006).”
BackgroundMethod
International Emissions Trading: A Survey of Phases of the European Union Emissions Trading SchemePreprint
Ibikunle, G., & Gregoriou, A. (2011) · SSRN Electronic Journal · doi:10.2139/ssrn.1952769 · Cited by 2
Investments in Liberalized Electricity Markets and the Low-Carbon Energy Transition: A Mixed-method Analysis of the German Case
Pahle, M. (2011) · DepositOnce · doi:10.14279/depositonce-2878 · Cited by 1
“Sijm et al. (2006). Even though the main short run effect – a fuel switch from coal to natural gas – has already been observed (Delarue et al.”
Influential
Towards a Global Carbon Market? Linking Systems, Adding Sectors
Flachsland, C. (2011) · DepositOnce · doi:10.14279/depositonce-2675 · Cited by 1
Quantitative Modeling of Emission Markets
Hinz, J. (2010) · doi:10.1365/s13291-010-0008-1 · Cited by 1
Analyzing the Long-run Impact of the Regional Greenhouse Gas Initiative on the Maryland Power Sector: Oligopoly Analysis
Chen, Y.-H., Burtraw, D., Hobbs, B., Kim, S., Palmer, K. L., Paul, A., & Gabriel, S. (2007) · IEEE Power Engineering Society General Meeting · doi:10.1109/pes.2007.385511 · Cited by 1
Self-citation
Domestic Politics in the European Union’s Emissions Trading System: Evidence from Free Allowance Allocation
Melnick, J. (2024) · Journal of Political Institutions and Political Economy · doi:10.1561/113.00000113 · Cited by 1
“…profits associated with the allocation of free permits have been estimated at e 19 million per year between 2005 and 2007 for electricity producers (Sijm, Neuhoff and Chen 2006; Keppler and Cruciani 2010) and e 3.5 billion for the cement industry between 2005 and 2012 (Branger and Quirion 2015).”
Influential
Emissions Trading in Europe: Background and Policy
Ibikunle, G., & Gregoriou, A. (2018) · Springer eBooks · doi:10.1007/978-3-319-72847-6_2 · Cited by 1
Does CO2 Emissions Performance Matter for Stock Prices?
Veld‐Merkoulova, Y. V., & Viteva, S. (2015) · Springer eBooks · doi:10.1007/978-3-319-25412-8_4 · Cited by 1
Electricity and Environmental Markets
Gabriel, S. A., Conejo, A., Fuller, J., Hobbs, B., & Ruiz, C. (2013) · doi:10.1007/978-1-4419-6123-5_11 · Cited by 1
The role of policy in inducing technological change: the case of climate change and the electricity sector
Schmidt, T. (2012) · doi:10.3929/ethz-a-007586364 · Cited by 1
Carbon Accounting in Greek Companies Participating in the European Union’s Emissions Trading Scheme: Current Practice and Projected Financial Implications
Karatzoglou, B., & Karatzoglou, O. (2011) · doi:10.1007/978-94-007-1390-1_10 · Cited by 1
Emissions abatement
Ellerman, A. D., Convery, F. J., & de Perthuis, C. (2001) · Cambridge University Press eBooks · doi:10.1017/cbo9781139042765.007 · Cited by 1
Linkage and global implications
Ellerman, A. D., Convery, F. J., & de Perthuis, C. (2001) · Cambridge University Press eBooks · doi:10.1017/cbo9781139042765.010 · Cited by 1
Preface
Ellerman, A. D., Convery, F. J., & de Perthuis, C. (2001) · Cambridge University Press eBooks · doi:10.1017/cbo9781139042765.001 · Cited by 2
Clean Valuation with Regard to EU Emission Trading
Frauendorfer, K., & Güssow, J. (2009) · doi:10.1007/978-3-540-88965-6_20 · Cited by 1
“An empirical analysis in [ 27 ] estimates difierent levels ranging from 60% to 100% that not only depend on whether ofi-peak- or onpeak-demand is considered but also varies by region.”
Background
Disaggregating the dependent variable in policy feedback research: an analysis of the EU Emissions Trading System
Moore, B., & Jordan, A. (2020) · Policy Sciences · doi:10.1007/s11077-020-09377-0 · Cited by 25
Carbon taxation and feed-in tariffs: evaluating the effect of network and market properties on policy effectiveness
Oderinwale, T., & van der Weijde, A. H. (2016) · Energy Systems · doi:10.1007/s12667-016-0219-3
Decomposition method for oligopolistic competitive models with common environmental regulation
Allevi, E., Gnudi, A., Konnov, I., & Oggioni, G. (2017) · Annals of Operations Research · doi:10.1007/s10479-017-2494-3
Windfall Profits Under Pollution Permits and Output-Based Allocation
Nicolaï, J., & Zamorano, J. (2016) · Environmental and Resource Economics · doi:10.1007/s10640-016-0096-1 · Cited by 7
Einfluss der CO2-Zertifikatspreise auf die Stromgestehungskosten im deutschen Energiemix
Ammon, M. (2014) · Zeitschrift für Energiewirtschaft · doi:10.1007/s12398-014-0124-1
A Multi‐Blockchain Structure in the Carbon Market Trading: A Case Analysis in the Chinese Carbon Exchange
Su, M.-T., Zhao, R.-Y., Jiang, J.-J., Xiao, X.-L., & Li, F.-S. (2026) · Expert systems · doi:10.1111/exsy.70461
Nuclear baseload, fuel dependence, and long-run solar–wind integration in the EU electricity mix
Alam, S. M. T., Kiss, G. D., & Stavárek, D. (2026) · Next Energy · doi:10.1016/j.nxener.2026.100998
Mapping the methodological landscape of coupling carbon and electricity markets: A critical review of models, applications, and future pathways
Lu, Z., Yu, Z., Jiang, J., Su, B., Zhao, J., & Ye, B. (2026) · Sustainable Energy Technologies and Assessments · doi:10.1016/j.seta.2026.105401
Integrated siting methodology for wind–hydropower pumped storage: A multi-criteria sustainability approach
Gil-García, I. C., Fernández-Guillamón, A., Martínez-Lucas, G., & Molina-García, Á. (2026) · Sustainable Energy Technologies and Assessments · doi:10.1016/j.seta.2026.105468
EU ETS Price Signals in the Power Sector: Evidence on Decarbonisation and Policy Overlap
Foggia, G. D., Beccarello, M., & Jammeh, B. (2026) · Energies · doi:10.3390/en19184333 · Cited by 1
“…effects in the power sector, Sijm et al. document that European power companies pass on the cost of the EU ETS through electricity prices, with empirical and https://doi.org/10.3390/en19184333 model-based CPT rates ranging from 60% to 100% of CO 2 costs in Germany and the Netherlands [25].”
Influential
Does Carbon Pricing Displace Crypto-Mining Emissions? Quantile Evidence on Carbon Leakage from EU27, Russian and Rest-of-World Power Grids
Toan, P. N., Hieu, L. T. T., & Nguyen, N. V. T. (2026) · Risks · doi:10.3390/risks14080187
“…prices, fuel prices, carbon costs, grid fees and regulation can all affect delivered power costs, while carbon-cost pass-through is neither automatic nor uniform (Sijm et al. 2006; Fell 2010; Keppler and Mansanet-Bataller 2010; Fabra and Reguant 2014; Hintermann 2016; Cludius et al. 2020).”
Reconstructing grid emission intensity for Poland and testing its response to EU ETS carbon prices: A replicable two-source triangulation protocol
Dominiak, A., & Rusowicz, A. (2026) · MethodsX · doi:10.1016/j.mex.2026.104103 · Cited by 1
“The one-year lag and negative sign are consistent with merit-order fuel switching, by which higher carbon prices raise the marginal cost of coal relative to gas and renewables [17,18].”
Environmental Protection Tax Law and enterprise operational risks: evidence from China
Li, X., Ding, D., & Zhang, H. (2026) · Frontiers in Environmental Science · doi:10.3389/fenvs.2026.1854796
Market-Oriented Transaction Rules and Policy Orientations of China’s New Power System Under Electricity–Carbon–Green Certificate Market Synergy
jian, Q., Dong, F., Liu, Y., Zhang, S., & Xu, S. (2026) · Energies · doi:10.3390/en19112581 · Cited by 1
Governing the energy transition through the EU carbon market as a complex adaptive system
Wu, G. (2026) · Discover Sustainability · doi:10.1007/s43621-026-02949-9
The Evolution of Technology Portfolios and Firm Profitability in the European Power SectorPreprint
Fischer, R., & Pichler, A. (2026) · arXiv (Cornell University) · doi:10.48550/arxiv.2601.22167 · Cited by 1
“Low-carbon generators may benefit from the same increase in electricity prices without incurring corresponding direct allowance costs (Lise et al., 2010; Sijm et al., 2006).”
Mitigating carbon leakage under the EU ETS: How does State Aid for Indirect Emission Costs affect firm profits?
Masciandaro, C., Kesina, M., & Mulder, M. (2025) · Energy Economics · doi:10.1016/j.eneco.2025.109024 · Cited by 2
Environmental Violations in the Power Sector: Accountability and Community Welfare
Foroughi, P., Bahar, H. H., & Ng, L. (2025) · Journal of Business Ethics · doi:10.1007/s10551-025-06162-y
“Previous research shows that increases in fuel and emissions costs are often passed on to consumers, driven by the inelastic demand for electricity and the low cost of adjusting prices (Sijm et al., 2006; Fabra & Reguant, 2014; Miller et al., 2017; Ganapati et al., 2020; Kim, 2022).”
Downside risk: the dark side of carbon emission trading?
Liu, X., You, T., & Yang, X. (2025) · Applied Economics · doi:10.1080/00036846.2025.2568239
A Survey on Optimization, Pricing, and Market Design for Power & Energy Systems under Carbon Pricing Coupling
Chen, T.-T., Lin, D., Luo, L., Liu, J., Cheng, F., Du, F.-Q., Wang, C., & Feng, D.-H. (2025) · IEEE International Conference on Power and Renewable Energy · doi:10.1109/icpre67300.2025.11274215
Research on Synergies of Ningxia Electric-Carbon Market
Zhang, Z.-L., Xiao, Y., Zhang, K., Tang, M., & Ma, T. (2025) · Advances in Engineering Technology Research · doi:10.56028/aetr.13.1.267.2025
“…the United States and other countries and regions, foreign scholars have revealed the successes and potential challenges of their market mechanism and policy design, which provides valuable reference for the synergistic development of electricity-carbon market in other countries and regions [7,8].”
The CO2 cost pass‐through and market power in emission trading schemes with vertical relations
Liu, W., Zhu, X., & Chen, Z. (2024) · Managerial and Decision Economics · doi:10.1002/mde.4356
Le contrat carbone pour différences, un outil adapté pour la décarbonation de l’hydrogène ?
Chaton, C., & Metta-Versmessen, C. (2024) · Revue économique · doi:10.3917/reco.745.0705
The impact of rising EU Allowance prices on core inflation in the Eurozone
Nishigaki, H. (2023) · Economic Affairs · doi:10.1111/ecaf.12588
Carbon Cost Pass-Through Analysis Considering Green Certificate Trading
Zhou, L., Zhang, G., Liu, H., Wang, Y.-Y., Su, X.-Y., & Lv, F. (2023) · 2023 8th Asia Conference on Power and Electrical Engineering (ACPEE) · doi:10.1109/acpee56931.2023.10135885
“That is, carbon costs are passed on to electricity prices in a certain proportion [4].”
Background
Border Carbon Adjustments: Rationale, Design and Impact
Keen, M., Parry, I. W. H., & Roaf, J. (2021) · IMF Working Paper · doi:10.5089/9781557752567.001 · Cited by 11
Climate Policy Feedbacks
Jordan, A., & Moore, B. (2020) · Cambridge University Press eBooks · doi:10.1017/9781108779869.012 · Cited by 1
Regulation
Andrews, L. (2020) · Durable by Design? · doi:10.1017/9781108779869.008
Designing Durable Policies
Jordan, A., & Moore, B. (2020) · Cambridge University Press eBooks · doi:10.1017/9781108779869.004 · Cited by 1
Designing Policy Durability
Jordan, A., & Moore, B. (2020) · Cambridge University Press eBooks · doi:10.1017/9781108779869.005
Climate Policy Designs
Jordan, A., & Moore, B. (2020) · Cambridge University Press eBooks · doi:10.1017/9781108779869.007
Designing Climate Policy in the European Union
Jordan, A., & Moore, B. (2020) · Cambridge University Press eBooks · doi:10.1017/9781108779869.006
Global Warming and the Electricity Markets
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.025
The Market Solution to Optimal Dispatching
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.011
From Nodal Prices to Transmission Capacity Expansion
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.018
The Integration of Renewable Energy Sources in the Electricity System
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.027
Optimal Investment in Power Generation
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.022
Energy-Only Markets vs. Markets with Capacity Remuneration Mechanisms
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.023
The Centralized Solution of Optimal Dispatching
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.009
Renewable Energy Sources and Electricity Production
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.026
Transmission Rights and Price Risk Hedging
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.019
Basic Principles, Definitions and Unit Measures
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.002
Retail Competition: Supplying Electricity to Final Consumers
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.020
Introduction
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.001 · Cited by 1
Meshed Networks and Congestion
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.016
Energy Products and the Time Dimension of Electricity Markets
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.006
Welfare Maximization with Time-Varying Load
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.010
Index
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.029
Transmission Pricing in Practice
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.017
Wholesale Market Competition
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.013
Introduction to Electricity: Brief History of the Power Industry
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.003
The Four Market Designs of the Electricity System
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.005
Electricity Systems and the Electricity Supply Chain
Cretì, A., & Fontini, F. (2019) · Cambridge University Press eBooks · doi:10.1017/9781316884614.004
Carbon emission forensic in the energy sector: Is it worth the effort?
Chen, Y., Zhang, D., & Takashima, R. (2019) · Energy Policy · doi:10.1016/j.enpol.2019.01.050 · Cited by 3
Self-citation

Authors: Sijm, J., Neuhoff, K., & Chen, Y.
Affiliations: Energy Research Centre of the Netherlands (NL)
University of Cambridge (GB)
Johns Hopkins University (US)
ORCID: Sijm, Jos
Neuhoff, Karsten
Chen, Yihsu
Venue: Climate Policy
Publisher: Informa UK Limited
Published: 2006-01
Volume: 6
Issue: 1
Pages: 49-72
ISSN: 1469-3062 (ISSN-L)
1752-7457
DOI: 10.1080/14693062.2006.9685588
OpenAlex: W2040126491
Cited by: 576
References: 0
Citations by year: 2026: 10 · 2025: 29 · 2024: 20 · 2023: 24 · 2022: 21 · 2021: 19 · 2020: 33 · 2019: 16 · 2018: 21 · 2017: 19 · 2016: 24 · 2015: 31 · 2014: 26 · 2013: 38 · 2012: 30
FWCI: 85.71
Type: journal article
Language: en
Open access: green
resolver.tno.nl
Locations: Climate Policy (publishedVersion)
RePEc: Research Papers in Economics (submittedVersion)
TNO Repository (submittedVersion)
Repository hosted by TU Delft Library (TU Delft) (submittedVersion)
Data Archiving and Networked Services (DANS) (submittedVersion, other-oa)
Funders: Johns Hopkins University
Changchun University of Science and Technology
Topics: Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Climate Change Policy and Economics
Physical Sciences › Energy › Renewable Energy, Sustainability and the Environment › Renewable energy and sustainable power systems
Physical Sciences › Engineering › Electrical and Electronic Engineering › Electric Power System Optimization
Keywords: EU Emissions Trading System, free allocation of emission allowances, windfall profits, electricity prices, carbon intensity, electric utilities, Germany, Netherlands

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

Are you an author, or do you see a problem with this page? Request a review

CO 2 cost pass-through and windfall profits in the power sector

Abstract

Overview

Integrity signals

Verification

Claims the paper makes

Claims other papers make about this one

Citations

Cites

Cited by

Metadata

Record

About these checks