Technical brochure
TB 897 WG C5.32

Carbon Pricing in Wholesale Electricity Markets

Due to increased concerns over climate change, many countries and jurisdictions around the world are implementing carbon-pricing schemes, mechanisms that apply a price to carbon and other greenhouse gas (GHG) emissions, to provide an incentive to reduce GHG emissions. According to the World Bank, as of 2022, there were 68 carbon-pricing initiatives implemented around the world. These initiatives span 46 national jurisdictions and 36 subnational jurisdictions and cover over 23% of global GHG emissions [1].

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Electricity markets and regulation

This Technical Brochure has been created by a Working Group from the CIGRE Electricity markets and regulation Study Committee which is one of CIGRE's 16 domains of work.
Analysis of the impacts on the planning and operation of electric power systems of different market approaches and solutions; and of new structures, institutions, actors and stakeholders. The role of competition and regulation in improving end-to-end efficiency of the electric power system.

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