Climate Change Research ›› 2012, Vol. 8 ›› Issue (6): 462-468.doi: 10.3969/j.issn.1673-1719.2012.06.011

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Impacts of EU ETS on European Power Industry and Its Implications


  • Received:2012-03-13 Revised:2012-09-20 Online:2012-11-30 Published:2012-11-30

Abstract: This paper introduced the current status of the EU Emissions Trading Scheme (ETS), and summarized research findings about the impacts of the EU ETS on European power industry. It is concluded that the EU ETS would increase costs of power enterprises, raise electricity prices rapidly, increase profits of power enterprises greatly, and stimulate innovation of energy technologies. This paper also reviewed controversial issues caused by the EU ETS, such as the actual impact on power enterprises and power market, and the reason of windfall profits for power enterprises. On this basis, this paper compared the differences between China and EU, analyzed the impacts of domestic carbon emissions trading market on power industry, and put forward suggestions on establishing a China carbon emissions trading market.

Key words: EU ETS, power industry, impact, China carbon market

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