The aim of this project is to develop a simple market simulation model in order to predict, explain and analyze the price of a CO2 emission allowance of the EU ETS in the period up to 2020. In particular, the model analyzes the impact of both market fundamentals (economic growth, fuel prices) and policy variables (targets for energy efficiency and renewables) on the EU ETS carbon price.
For more information on this ongoing project, contact Jos Sijm.