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DIW Weekly Report 25 / 2023
In its Federal Climate Change Act, Germany has committed to achieving climate neutrality by 2045. To do so, companies from both the industrial and the service sectors must adjust their production and business practices, and financial institutions must adjust their evaluation criteria. In many cases, this requires a new strategic direction and investments in climate-neutral products, business models, ...
2023| Fernanda Ballesteros, Alexandra Hüttel, Karsten Neuhoff, Catherine Marchewitz
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DIW Weekly Report 38 / 2022
Industrialized countries and emerging economies must cooperate in order to decarbonize the emissions-intensive industrial sector and to limit global warming to 1.5 degrees Celsius. While Germany and the other G7 countries have committed to supporting emerging economies in their efforts to combat climate change via international climate finance, it remains to be seen how this support can be implemented ...
2022| Heiner von Lüpke, Catherine Marchewitz, Karsten Neuhoff, Charlotte Aebischer, Mats Kröger
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DIW Weekly Report 35/36 / 2022
The German Federal Government passed the “Easter Package” in July 2022, which envisages a number of measures for the expansion of renewable energy sources. The package retains sliding market premiums as a remuneration mechanism, which protect electricity producers unilaterally, while contracts for difference (CfDs), which also protect electricity customers, are only used in the offshore wind sector. ...
2022| Mats Kröger, Karsten Neuhoff, Jörn C. Richstein
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DIW Weekly Report 43 / 2021
To reach the climate targets, the course towards a climate-neutral society must be set now. However, the current monitoring instruments in the Climate Change Act do not provide sufficient information to policymakers and society on the effectiveness of policy instruments and programs, as they focus exclusively on greenhouse gas reduction targets, which are subject to uncertainty. Moreover, they only ...
2021| Daniela Fietze, Mats Kröger, Thorsten Müller, Karsten Neuhoff
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DIW Weekly Report 32 / 2021
To limit global warming to 1.5 degrees Celsius, it is necessary for industrialized countries to support developing countries financially. The channels and mechanisms under which this support would be provided are known as International Climate Finance. Building upon expert interviews with a focus on the industrial sector, this report analyses the different areas of International Climate Finance and ...
2021| Heiner von Lüpke, Charlotte Aebischer, Karsten Neuhoff
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DIW Weekly Report 26 / 2021
For Europe to reach climate neutrality by mid-century, it needs to move toward a circular economy. Waste avoidance, reuse, and recycling save primary resources and avoid emissions in the production of basic materials like steel, cement, and plastics. Without exploring circular economy potentials, switching production to climate-neutral processes alone would result in significant costs and tremendous ...
2021| Xi Sun, Frederik Lettow, Karsten Neuhoff
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DIW Weekly Report 10 / 2021
The European Commission is facing the challenge and opportunity of implementing the Green Deal while simultaneously initiating the recovery of the economy following the coronavirus crisis. Investments in the basic materials industry’s transition to climate neutrality play a central role in this, as the sector is responsible for 16 percent of the EU’s CO2 emissions and is key to downstream value chains. ...
2021| Karsten Neuhoff, Olga Chiappinelli, Mats Kröger, Frederik Lettow, Jörn Richstein, Franziska Schütze, Jan Stede, Xi Sun
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DIW Weekly Report 16/17/18 / 2019
2019| Claudia Kemfert, Lukas Menkhoff, Karsten Neuhoff, Jörn Richstein, Tobias Stöhr, Vera Zipperer
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DIW Weekly Report 28 / 2018
The cost of renewable energy technology has plunged in recent years. But the extent to which electricity consumers can benefit from the reduced costs depends on the design of renewable remuneration mechanisms. Calculations of a financing model show that the current sliding premium is leading to increasingly higher risks for investments and in turn, increasing equity requirements. As a result, financing ...
2018| Nils May, Karsten Neuhoff, Jörn C. Richstein
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DIW Economic Bulletin 46/47 / 2017
Due to increasing shares of renewable energies in electricity production, the cost-effective system integration of these installations is becoming more and more important. Technologies and locations are viewed as system-friendly when they are more cost-efficient and easier to integrate because they, unlike other installations, produce at times when electricity is more valuable. This report shows that ...
2017| Karsten Neuhoff, Nils May, Jörn Richstein