Please use this identifier to cite or link to this item: http://hdl.handle.net/11531/87009
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dc.contributor.authorLinares Llamas, Pedroes-ES
dc.contributor.authorGómez San Román, Tomáses-ES
dc.date.accessioned2024-02-23T13:19:51Z-
dc.date.available2024-02-23T13:19:51Z-
dc.date.issued2023-11-01es_ES
dc.identifier.issn2280-7659es_ES
dc.identifier.urihttps:doi.org10.3280EFE2023-001001es_ES
dc.descriptionArtículos en revistases_ES
dc.description.abstractes-ES
dc.description.abstractThe Iberian Exception, the mechanism designed by the Spanish and Portuguese governments to address high electricity prices resulting from the gas price crisis in 2021 and 2022, has been met with controversy, both regarding its real impact on electricity prices and also its unintended consequences, such as increased (and subsidized) exports to France. In this paper we review the evidence on these impacts from different studies, concluding that the mechanism may have produced, depending on the assumptions, some reductions in electricity prices for Iberian consumers or none at all, but always at the expense of subsidies to French consumers and also increased rents for gas combined cycles, higher gas consumption, and larger CO2 emissions. Alternative mechanisms, such as a temporary single-buyer scheme, might have produced similar benefits without the downsides of the Exception.en-GB
dc.format.mimetypeapplication/pdfes_ES
dc.language.isoen-GBes_ES
dc.rightses_ES
dc.rights.uries_ES
dc.sourceRevista: Economics and Policy of Energy and the Environment, Periodo: 1, Volumen: online, Número: 1, Página inicial: 5, Página final: 16es_ES
dc.subject.otherInstituto de Investigación Tecnológica (IIT)es_ES
dc.titleAn assessment of the Iberian Exception to control electricity priceses_ES
dc.typeinfo:eu-repo/semantics/articlees_ES
dc.description.versioninfo:eu-repo/semantics/publishedVersiones_ES
dc.rights.accessRightsinfo:eu-repo/semantics/restrictedAccesses_ES
dc.keywordses-ES
dc.keywordsnatural gas, electricity prices, market design.en-GB
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