Abstract
ABSTRACT Global effort to reduce greenhouse gas emissions is continuously growing stronger. Realization of the direct correlation of quality of life to the environmental aspects of the energy sector has been at the heart of the new energy paradigm. In light of this, ensuring full awareness of current and potential emissions, with regard to market circumstances and policy implications, is crucial in acquiring a better overview on the current issues and the future development of the energy system. Research presented in this paper offers a method for calculating direct CO2 emissions from electricity generation. It also offers an insight into current issues and future prospects of the South East Europe electricity market. Observing various scenarios, the region’s emission intensity is evaluated, with special consideration given to the potential impact of varying carbon prices.
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