Template-Type: ReDIF-Article 1.0
Author-Name:  Nadia Chernenko
Title:  The Impact of Efficient Carbon and Gas Pricing on the Russian Electricity Market
Classification-JEL: F0
Pages:  
Volume:  Volume 2
Issue:  Number 1
Year:  2013
Abstract:  The paper examines the possible interactions of various policy proposals to introduce carbon taxation, adjust the domestic price of gas to export parity and build a major electricity interconnector, and their impact on carbon emissions and the fuel mix of the Russian electricity supply industry. Without raising gas prices, a carbon tax of €25/tonne CO2 reduces emissions by 13% and the output of coal-fired plant by nearly 50%, with the major impact at €6.3-12.5/tonne. Moving gas prices to export parity substantially offsets this effect, and requires higher carbon taxes to reduce emissions by the same amount, as does building the prospective interconnector "Ural-Siberia". 
Handle: RePEc:aen:eeepjl:2_1_a05
File-URL: http://www.iaee.org/en/publications/eeeparticle.aspx?id=42
File-Format: text/html
File-Restriction: Access to full text is restricted to IAEE members and subscribers.