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Externe referierte Aufsätze
We discuss at the European example how power market design evolves with increasing shares of intermittent renewables. Short-term markets and system operation have to accommodate for the different needs of renewable and conventional generation assets and flexibility options. This can be achieved by pooling resources over larger geographic areas through common auction platforms, realizing the full flexibility ...
In:
The Energy Journal
37 (2016), SI2, S. 23-38
| Karsten Neuhoff, Sophia Wolter, Sebastian Schwenen
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Externe referierte Aufsätze
In:
Journal of Environmental Economics and Management
80 (2016), S. 1-5
| Cameron Hepburn, Karsten Neuhoff, William Acworth, Dallas Burtraw, Frank Jotzo
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Externe referierte Aufsätze
A shift from zonal to nodal pricing improves the efficiency of system operation. However, resulting price changes also shift surplus across generation and loads at different locations. As individual actors can lose, they might oppose any reform. We explore how allocation of financial transmission rights can be used to mitigate the distributional impact. The fundamental effects with regard to reference ...
In:
Energy Economics
60 (2016), S. 176-185
| Friedrich Kunz, Karsten Neuhoff, Juan Rosellón
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Externe referierte Aufsätze
In Germany and beyond, various capacity mechanisms are currently being discussed with a view to improving the security of electricity supply. One of these mechanisms is a strategic reserve that retains generation capacity for use in times of critical supply shortage. We argue that strategic reserves have specific advantages compared to other capacity mechanisms in the context of the European energy ...
In:
Utilities Policy
41 (2016), S. 252-263
| Karsten Neuhoff, Jochen Diekmann, Friedrich Kunz, Sophia Rüster, Wolf-Peter Schill, Sebastian Schwenen
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Externe referierte Aufsätze
One of the central debates surrounding the design of the European Union Emissions Trading Scheme is the approach to address carbon leakage concerns. Correctly identifying the economic activities exposed to the risk of carbon leakage represents the first step in mitigating the risk effectively. This paper assesses the robustness of the quantitative assessment criteria used by the European Commission ...
In:
Environmental & Resource Economics
60 (2015), 1, S. 99-124
| Misato Sato, Karsten Neuhoff, Verena Graichen, Katja Schumacher, Felix Matthes
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Externe referierte Aufsätze
This paper argues that the development of energy systems rests on a combination of three different domains of socio-economic processes and associated modes of decision-making. For shorthand these are termed ‘satisficing’, ‘optimising’, and ‘transforming’ domains, with corresponding underpinnings found in behavioural, neoclassical, and evolutionary economics respectively. Each domain operates at different ...
In:
Technological Forecasting & Social Change
98 (2015), S. 290-302
| Michael Grubb, Jean-Charles Hourcade, Karsten Neuhoff
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Externe referierte Aufsätze
To assess how capital stocks adapt to energy price changes, it is necessary to account for the impacts on different vintages of capital and to account separately for price-induced and autonomous improvements in the energy efficiency of capital stock. The results of econometric analysis for five manufacturing industries in 19 OECD countries between 1990 and 2005 indicate that higher energy prices resulted ...
In:
Journal of Environmental Economics and Management
68 (2014), 2, S. 340-356
| Jevgenijs Steinbuks, Karsten Neuhoff
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Externe referierte Aufsätze
Integrating large quantities of variable renewable electricity generation remains a political and operational challenge. One of the main obstacles in Europe to installing at least 200 GWs of power from variable renewable sources is how to deal with the insufficient network capacity and the congestion that will result from new flow patterns. We model the current methodology for controlling congestion ...
In:
Energy Economics
40 (2013), S. 760-772
| Karsten Neuhoff, Julian Barquin, Janusz Bialek, Rodney Boyd, Chris Dent, Franciso Echavarren, Thilo Grau, Christian von Hirschhausen, Benjamin F. Hobbs, Friedrich Kunz, Christian Nabe, Georgios Papaefthymiou, Christoph Weber, Hannes Weigt
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Externe referierte Aufsätze
Photovoltaic (PV) technologies have demonstrated significant price reductions, but large-scale global application of PV requires further technology improvements and cost reductions along the value chain. We survey policies in Germany and China and the industrial actors they can encourage to pursue innovation, including deployment support, investment support for manufacturing plants and R&D support ...
In:
Energy Policy
51 (2012), S. 20-37
| Thilo Grau, Molin Huo, Karsten Neuhoff
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Externe referierte Aufsätze
In:
Climate Policy
11 (2011), 1, S. 829-831
| Karsten Neuhoff