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DIW Economic Bulletin 9 / 2013
Achieving the objectives of the German governments 2010 Energy Concept and the accelerated phase-out of nuclear energy will require significant investment in restructuring energy supply. In particular, this includes investment in installations for the use of renewable energy sources in the power and heating sector, as well as in the infrastructure, such as power grids. In addition, substantial investment ...
2013| Jürgen Blazejczak, Jochen Diekmann, Dietmar Edler, Claudia Kemfert, Karsten Neuhoff, Wolf-Peter Schill
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DIW Economic Bulletin 8 / 2013
Having barely registered an increase at the beginning of the new millennium, during the economic upturn after 2009, there was significant growth in the mileage by registered motor vehicles in Germany, both in the case of utility vehicles and automobiles. Overall, in 2011, automobiles covered a higher mileage than ever before. Despite more efficient engines, this resulted in fuel consumption stagnating ...
2013| Uwe Kunert, Sabine Radke, Bastian Chlond, Martin Kagerbauer
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DIW Economic Bulletin 8 / 2013
Shortly before the parliamentary election in 2013, Germany is riding on a wave of euphoria: hardly any other euro country has weathered the financial and debt crisis so well. Since 2009, GDP has grown by over eight percent and 1.2 million new jobs have been created. Public finances were consolidated and, in 2012, there was a fiscal surplus of 0.2 percent of GDP. An impressive financial position indeed ...
2013| S. Bach, G. Baldi, K. Bernoth, J. Blazejczak, B. Bremer, J. Diekmann, D. Edler, B. Farkas, F. Fichtner, M. Fratzscher, M. Gornig, C. Kemfert, U. Kunert, H. Link, K. Neuhoff, W.-P. Schill, C. K. Spieß
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DIW Economic Bulletin 9 / 2012
2012
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DIW Economic Bulletin 9 / 2012
One of the most pressing public priorities in Germany at present is how to organize the energy transition. However, the cost of stabilizing the financial sector as well as the fiscal pact and the debt brake mean that the government has limited financial resources. Consequently, the availability of private capital, whether in the form of equity or debt, is becoming a decisive factor in the success of ...
2012| Claudia Kemfert, Dorothea Schäfer
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DIW Economic Bulletin 6 / 2012
2012
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DIW Economic Bulletin 6 / 2012
Support through the German Renewable Energy Sources Act (EEG) has led, in the past few years, to an unexpectedly wide expansion of systems for generating solar power (photovoltaics) because the system prices for photovoltaic (PV) systems have fallen at a faster rate than the solar power feed-in tariffs guaranteed by the law. This has also contributed to a substantial increase in the EEG surcharge to ...
2012| Jochen Diekmann, Claudia Kemfert, Karsten Neuhoff
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DIW Economic Bulletin 1 / 2011
Renewable energy sources and increased energy efficiency are not only crucial for reducing greenhouse gas emissions and other negative impacts of conventional energy supply; they also hold enormous economic opportunity. Significant and dynamically growing sectors have emerged in the area of renewable energy over the last several years. In 2010, 26.6 billion euros were invested in Germany alone in renewable ...
2011| Jürgen Blazejczak, Frauke G. Braun, Dietmar Edler, Wolf-Peter Schill
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DIW Economic Bulletin 1 / 2011
2011
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DIW Economic Bulletin 1 / 2011
With the moratorium on nuclear energy, the German federal government passed a resolution to shut down seven nuclear power plants for a period of three months. According to the calculations of DIW Berlin (German Institute for Economic Research), sufficient electricity is being produced despite the nuclear plants' removal from the grid. Electricity prices are only likely to increase slightly. The moratorium ...
2011| Claudia Kemfert, Thure Traber