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Referierte Aufsätze Web of Science
The 2022 natural gas price spikes across Europe raised concerns regarding their distributional consequences. This paper investigates the distributional effect of price increases between and, in particular, within different income groups in Germany, accounting for different determinants of gas expenditures. The study finds that low-income households are affected the most by the gas price increase. Low-income ...
In:
Energy Policy
175 (2023), 113472, 17 S.
| Mats Kröger, Maximlian Longmuir, Karsten Neuhoff, Franziska Schütze
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Referierte Aufsätze Web of Science
The energy crisis and the accelerated transition to climate neutrality result in a shift from the traditional energy trilemma to an “energy quartet” across Europe. Firstly, the criteria of affordability, previously focused on short-term price developments, broadens to reliable affordability including in crises. Secondly, clean energy traditionally focused on clean production now extends to clean energy ...
In:
Energy Policy
180 (2023), 113691, 7 S.
| Karsten Neuhoff, Jörn C. Richstein, Mats Kröger
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Referierte Aufsätze Web of Science
The shift to climate neutrality requires new process technologies for energy-intensive industries, such as steel, chemicals, or cement. A variety of technology options exist – but they face the challenges of (i) first-of-kind costs, (ii) higher operation and investment costs, and (iii) insufficient and uncertain carbon prices, which partly stem from political uncertainty. Existing innovation policy ...
In:
iScience
25 (2022), 8, 104700, 20 S.
| Jörn C. Richstein, Karsten Neuhoff
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Referierte Aufsätze Web of Science
The transition to low-carbon economies requires massive investments into renewable energies, which are commonly supported through regulatory frameworks. Yet, governments can have incentives – and the ability – to deviate from previously announced support policies once those investments have been made, which can deter investments. We analyze a renewable energy dynamic regulation game and derive under ...
In:
Energy Economics
112 (2022), 106102, 16 S.
| Nils May, Olga Chiappinelli
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Referierte Aufsätze Web of Science
Cost of renewable energies have dropped, approaching wholesale power price levels. As a result, the role of renewable energy policy design is shifting – from covering incremental costs towards facilitating risk-hedging. An analytical model of the financing structure of renewable investment projects is developed to assess this effect und used to compare different policy design choices: contracts for ...
In:
Resource and Energy Economics
70 (2022), 101330, 15 S.
| Karsten Neuhoff, Nils May, Jörn C. Richstein
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Referierte Aufsätze Web of Science
We review the state of knowledge concerning international CO2 emission transfers associated particularly with trade in energy-intensive goods and concerns about carbon leakage arising from climate policies. The historical increase in aggregate emission transfers from developing to developed countries peaked around 2006 and declined since. Studies find no evidence that climate policies lead to carbon ...
In:
Annual Review of Environment and Resources
47 (2022), S. 753-795
| Michael Grubb, Nino David Jordan, Edgar Hertwich, Karsten Neuhoff, Kasturi Das, Kaushik Ranjan Bandyopadhyay, Harro van Asselt, Misato Sato, Ranran Wang, William A. Pizer, Hyungna Oh
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Referierte Aufsätze Web of Science
This paper explores climate-friendly projects that could be part of the COVID-19 recovery while jump-starting the transition of the European basic materials industry. Findings from a literature review on technology options in advanced development stages for climate-friendly production, enhanced sorting, and recycling of steel, cement, aluminium, and plastics, are combined with insights from interviews ...
In:
Climate Policy
21 (2021), 10, S. 1328-1346
| Olga Chiappinelli, Timo Gerres, Karsten Neuhoff, Frederik Lettow, Heleen de Coninck, Balázs Felsmann, Eugénie Joltreau, Gauri Khandekar, Pedro Linares, Jörn Richstein, Aleksander Śniegocki, Jan Stede, Tomas Wyns, Cornelis Zandt, Lars Zetterberg
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Referierte Aufsätze Web of Science
We study how budget constraints affect effort provision in sequential elimination tournaments. Our main result is that the introduction of budget constraints has two opposing effects on the initial effort of the unconstrained contestants, and leads to a non-monotonicity of this effort. This implies that if the budget asymmetry is not too large, total first-stage effort from unconstrained contestants ...
In:
The Scandinavian Journal of Economics
123 (2021), 4, S. 1059-1087
| Malin Arve, Olga Chiappinelli
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Referierte Aufsätze Web of Science
Power systems with increasing shares of wind and solar power generation have higher capital costs and lower operational costs than power systems based on fossil fuels. This increases the importance of the financing costs for total system cost. We quantify how renewable energy support policies can affect the financing costs by addressing regulatory risk and facilitating hedging. We use interview data ...
In:
The Energy Journal
42 (2021), 4, S. 131-151
| Nils May, Karsten Neuhoff
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Referierte Aufsätze Web of Science
By setting near-zero-emission requirements for the production of certain products to be sold on the European single market (product carbon requirements, PCRs), the European Union could accelerate the phase-out of carbon-intensive production processes.The announcement of such requirements would send a signal to producers,financing institutions and other relevant stakeholders, thus incentivizing them ...
In:
Review of European, Comparative & International Environmental Law
30 (2021), 2, S. 249-262
| Timo Gerres, Manuel Haussner, Karsten Neuhoff, Alice Pirlot