Optimal taxation with intermittent generation



  1. I wish to thank Mr. Sébastien Rouillon for his comments, which helped me to improve this paper

Electricity production from fossil fuel is one of the main cause of global warming due to greenhouse gas emissions. This sector has therefore attracted considerable attention in the debate on climate change mitigation. Several environmental policy instruments have been created to support renewable energies and to increase their share in the energy mix. Therefore, the increasing interest given to green the electricity production, has heightened the need to analyze the efficiency of imple