WISE is ready to welcome you back from this short Easter break!
On April 27, 2011 at 12.45-2 pm in Room E, Vahid Mojtahed will present his work on "Market for Tradeable Green Certificates".
Here is an abstract of his presentation:
ABSTRACT
I propose a mathematical model for Tradeable Green Certificate (TGC) market as an incentive mechanism for new investors. This market is an example of market-based governance, which in current case can substitutes Feed-In Tariff (FIT) policy in order to stimulate investment in clean energies. I study the behavior of sellers in such market and implement rules that reduce the risk of investment for potential investors in renewable sources. It is shown that investing in RES under market for TGC can be as profitable and cost-efficient as FIT policy even if sellers trade in the market with zero-intelligence. The government plays an important role by altering demand and taking preferential policy toward technologies.
Please note lunch will take place before the seminar, between 12.45 and 1 pm, with the presentation starting only at 1 pm.
Remember also that WISE went green, thus we kindly ask you to confirm by email your participation to the seminar in due time, in order to allow to prepare the right amount of food. Please remember also to state whether you require a vegetarian option!
Looking forward to seeing you all at WISE!
-the WISE staff
The blog of the Wednesday Informal Seminar in Economics (WISE)