The Net Zero Industry Act (NZIA) promotes non-price criteria in renewable auctions. It aims to unlock green willingness-to-pay and scale up manufacturing capacity for net-zero technologies in the European Union (EU). This paper builds a partial equilibrium model of the European solar module sector and investigates how renewable auction design impacts solar photo- voltaic (PV) manufacturing. First, ...
Locational marginal pricing (LMP) provides efficient locational dispatch and investment signals but requires a complementary congestion hedging instrument to function effectively. This paper investigates how exposure to locational price differences is managed in North American nodal electricity markets through the implementation of financial transmission rights (FTRs). Drawing on insights from 15 industry ...
A rapid transition from combustion engines to electric vehicles is essential for climate protection in road transport. This report highlights current trends in electric mobility in Germany based on data from the Open Energy Tracker platform. Although new registrations of electric passenger cars and commercial vehicles have recently increased, overall, electric mobility is still developing slowly. Newly ...
This paper analyses determinants of pass-through for Germany’s 2022 temporary fuel discount at its implementation and subsequent termination. Based on a unique dataset of fuel station characteristics and prices, we employ a two-stage Regression Discontinuity in Time (RDiT) methodology to estimate spatial passthrough variation. Our findings indicate that horizontal and vertical market structures exert ...
With the liberalization of the electricity markets in 1998, Germany opted for a single, nationwide wholesale price. Regional differences in supply and demand are not taken into account. In the event of grid congestion, electricity generators are paid to adjust their output. This leads to rising costs, an overestimation of grid expansion requirements and increased bureaucracy. Reforms are therefore ...
Deutschland hat sich mit der Liberalisierung der Strommärkte 1998 für einen deutschlandweit einheitlichen Großhandelspreis entschieden. Regionale Unterschiede bei Angebot und Nachfrage werden dabei nicht berücksichtigt. Bei Netzengpässen werden Stromerzeuger bezahlt, um ihre Produktion anzupassen. Das führt zu steigenden Kosten, einer Überschätzung des Netzausbaubedarfs und mehr Bürokratie. Aktuell ...
