Green Electricity Marketing and Kyoto Mechanisms: an Innovative Market-Based Package to Support the Take-Off of Renewables

摘要

Renewable energies will play a crucial role in the shift towards a sustainable global energy system. However, its widespread market penetration is hampered by the fact that renewable energy technologies are often not yet cost-competitive, as compared e.g. to the market prices of electricity generated from fossil or nuclear fuels. This paper introduces two new instruments that can enhance the competitiveness of renewable energy, namely green electricity marketing and Kyoto Mechanisms (Joint Implementation, Clean Develpment Mechanism and International Emissions Trading).