Renewable energy installations are rapidly gaining market share due to falling technology costs and supportive policies. Meanwhile, the energy price crisis in 2022 shifted the energy policy debate toward the question of how consumers can better benefit from the low and stable generation costs of renewable electricity. Long-term contracts for renewable energy to link producers and consumers are an option ...
How do firms respond to greener household preferences? We construct a novel index of environmental willingness to act on the state-quarter level based on Google Trends search data. Relating the index to firm-level information on the U.S. auto- motive sector from 2006 to 2019, we find ambiguous results. On average, firms innovate more in electric, hydrogen, and hybrid (clean) technologies and reduce ...
Die europäische Grundstoffindustrie muss investieren, um wettbewerbsfähig zu bleiben. Dabei steht sie vor einem Dilemma: Konventionelle Technologien gefährden die Klimaziele und bergen daher langfristige Risiken. Klimaneutrale Technologien kosten kurzfristig mehr und sind aktuell noch nicht wirtschaftlich. Der CO2-Preis des Europäischen Emissionshandels sollte eigentlich die Wirtschaftlichkeit klimaneutraler ...
Aligned with the war in Ukraine, Russia has significantly withheld natural gas exports to Europe since 2021. As there are no EU-wide sanctions on imports of Russian natural gas, the Ukraine transit as well as imports via Turkey and LNG have remained active during 2022–24. However, the Russian-Ukrainian transit agreement expires at the end of 2024 and discussions about new sanctions on natural gas as ...
Mit der Wiederwahl von Donald Trump zum US-Präsidenten steht die amerikanische Energie- und Klimapolitik erneut vor einem fundamentalen Einschnitt. Während Trumps Vorgänger Joe Biden mit Investitionsprogrammen wie dem Inflation Reduction Act den klimafreundlichen Umbau der Wirtschaft unterstützte, ist Trump ein ausgesprochener Klimaskeptiker und Freund der fossilen Energien sowie der Atomkraft. Er ...
Significant amounts of electricity consumed in air and water pumping make wastewater treatment energy-intensive. This study investigates the potential power system benefits of load shifting within these pumping processes. As a case study, the Irish power system and wastewater sector are studied by using an integrated modelling approach. The results show that demand flexibility within the wastewater ...