We study the political consequences of energy price shocks for households, using electricity price increases in Germany during the 2022-2023 energy price crisis as an example. Building on original four wave panel survey data, we exploit plausibly exogenous and staggered variation in timing of electricity instalment increases generated by the German billing system. We find that higher...
This paper studies how firms’ CO2 emission intensity (CEI) responds to trade shocks. I develop a unified framework that decomposes within-firm changes in CEI into three components: shifts in (i) the product portfolio, (ii) factor-neutral physical productivity (TFPQ), and (iii) CO2-abatement technology, defined as factor-augmenting productivity that reduces emissions relative to other inputs. The...
This presentation will provide an overview of the current energy political landscape in the United States under the current Trump Administration with a focus on nuclear power projects. This will include an overview of recent policy changes and the implications for reactor restarts, SMR (small modular reactor) projects, and their useability for data centers.
Nuclear fusion research shifts focus: commercial niche products instead of energy generation. Nuclear fusion, in which atomic nuclei are fused, promises clean, safe, and virtually inexhaustible energy. Since the 1950s, this promise has justified extensive public investment in research, without any real progress being made toward commercial use in the energy sector. However, nuclear fusion research ...
Locational marginal pricing (LMP) provides efficient locational dispatch and investment signals but requires a complementary congestion hedging instrument to function effectively. This paper investigates how exposure to locational price differences is managed in North American nodal electricity markets through the implementation of financial transmission rights (FTRs). Drawing on insights from 15 industry ...
A rapid transition from combustion engines to electric vehicles is essential for climate protection in road transport. This report highlights current trends in electric mobility in Germany based on data from the Open Energy Tracker platform. Although new registrations of electric passenger cars and commercial vehicles have recently increased, overall, electric mobility is still developing slowly. Newly ...
