1. Introductions
PART I: OVERVIEW AND THEORETICAL ISSUES
2. The European Emissions Trading: Overview, Lessons and Perspectives
3. Modelling the Short-run Impact of Carbon Trading on the Electricity Sector
4. From Electricity Prices to Electricity Costs: Impact of Emissions Trading on Industry's Electricity Purchasing Strategies

PART II: EMPIRICAL ANALYSES
5. Options to Address Concerns Regarding EU ETS Induced Increases in Power Prices and Generators Profits: the Case of Carbon Cost Pass-through in Germany and the Netherlands
6. A Vector Error Correction Model of the Interactions among Gas, Electricity and Carbon Prices: an Application to the Cases of Germany and United Kingdom
7. Impacts of the European Emission Trade System on Finnish Wholesale Electricity Prices
8. The impact of the EU ETS on Power Prices in Italy: the A"Load Duration Curve Approach
9. The Joint Impact of Carbon Emissions Trading and Tradable Green Certificates on the Evolution of Liberalized Electricity Markets: The Spanish Case

Index