Price Determinants of the European Carbon Market and Interactions with Energy Markets

Description: 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. Veröffentlicht in Climate Change | 11/2012.

Types:

Text {
    text_type: Publication,
}

Origin: /Bund/UBA/Webseite

Tags: Europäischer Emissionshandel ? Strompreis ? Zeitreihenanalyse ? Strommarkt ? Marktdaten ? Energiemarkt ? Kohlenstoffmarkt ? CO2-Bepreisung ? Klimawandel ?

License: other-closed

Language: Englisch/English

Organisations

• Umweltbundesamt (Herausgeber*in)

Persons

• Aleksandar Zaklan (Verfasser*in)
• Felix Matthes (Verfasser*in)
• Joachim Schleich (Verfasser*in)
• Jochen Diekmann (Verfasser*in)
• Johanna Cludius (Verfasser*in)
• Katja Schumacher (Verfasser*in)

Issued: 2012-06-01

Time ranges: 2012-06-01 - 2012-06-01

Resources

• https://www.umweltbundesamt.de/sites/default/files/medien/461/publikationen/4300.pdf (PDF)

Status

Aktiv

Quality score

• Overall: 0.69
• Findability: 0.49

  • Description: 0.55
  • Identifier: false
  • Keywords: 1.00
  • Spatial: NoRegion (0.00)
  • Temporal: true
• Accessibility: 1.00

  • Landing page: Unknown (0.00)
  • Direct access: true
  • Publicly accessible: true
• Interoperability: 0.50

  • Open file format: true
  • Media type: true
  • Machine-readable metadata: false
  • Machine-readable data: false
• Reusability: 0.78

  • License: UnclearInformation (0.33)
  • Contact info: true
  • Publisher info: true

Accessed 1 times.