The European Commission was discussing the introduction of a market stability reserve (MSR) for stabilizing market prices within the EU emission trading system (EU ETS). To assess the likely effect of such an MSR, a model comparison analysis coordinated by DIW Berlin was undertaken to study the interaction of different behaviour of investors and technological cost of reducting emissions. For assessing the cost of emission reductions within this model comparison, ZEW provided marginal abatement cost curves based on the PACE model.

Project duration

01.12.2014 - 31.12.2014

Project members

Dr. Florian Landis (Coordinator)

Cooperation partner

Resources for the Future, Washington D.C., US
Australian National University, Canberra, AU
Université Paris-Dauphine, Paris, FR
University of Michigan, Ann Arbor, US
University of Oxford, Oxford, UK
University of Virginia, Charlottesville, US
Universität Duisburg-Essen, Essen, DE
Colorado School of Mines, Colorado, US
London School of Economics and Political Science, London, UK
Züricher Hochschule für Angewandte Wissenschaften, Winterthur , CH