Carbon price uncertainty may therefore lead either to a delay in investment or to a modest increase in electricity prices to meet the threshold, justifying immediate investment. Which of these effects is manifested may depend on the ownership structure of the power market – monopolies may behave differently in this regard to oligopolies or competitive markets.
Carbon price uncertainty may therefore lead either to a delay in investment or to a modest increase in electricity prices to meet the threshold, justifying immediate investment. Which of these effects is manifested may depend on the ownership structure of the power market – monopolies may behave differently in this regard to oligopolies or competitive markets.
['Other']