So far energy system models only consider labour markets ex-post to showcase the employment possibilities which a energy transformation can provide. Given the demographic changes in Europe, labour markets will decrease and continue to create scarcities in some sectors. In future, labour markets could become a bottleneck for the transformation and determine its shape and speed. To account for that,...
Standard IAMs typically use CRRA welfare, where a single curvature parameter jointly governs intergenerational weighting and interregional equity, so comparative statics in “inequality aversion” necessarily change discounting. I implement Fehr–Schmidt (FS) inequality aversion in the RICE model to separate directional interregional equity (envy and guilt) from intergenerational weighting, with an...
We study the political consequences of energy price shocks for households, using electricity price increases in Germany during the 2022-2023 energy price crisis as an example. Building on original four wave panel survey data, we exploit plausibly exogenous and staggered variation in timing of electricity instalment increases generated by the German billing system. We find that higher...
Meeting summaries October 2025, online: Hedging Locational Price Risk under LMP – Experiences from North America August 2025, Berlin: Is electricity market reform necessary? July 2025, Brussels: Local Market Places: market design options June 2025, online: Congestion Management with Locational Marginal Pricing – First-Hand Experience from North America March 2025: Local Marketplaces June 2024, Berlin: ...
Key publications Events The Climate Friendly Materials Platform analyses the transformation of basic material production and use to achieve carbon neutrality. It brings together researchers from leading think tanks and universit ies to enhance Europe’s analytic understanding of how individual instruments can be implemented and combined into a coherent policy package. Activities are coordinated ...
Individuals hold normative ideas about the just distribution of goods and burdens within a social aggregate. These normative ideas guide the evaluation of existing inequalities and refer to four basic principles: (1) Equality stands for an equal distribution of rewards and burdens. While the principle of (2) need takes individual contributions into account, (3) equity suggests a distribution based ...
Adeline Guéret, Research Associate at DIW Berlin (Energy, Transportation, Environment Department) and Ph.D. student at Technische Universität Berlin, successfully defended her dissertation entitled “Future energy systems with battery electric vehicles: assessing impacts, evaluating models” with summa cum laude on January 28, 2026. Congratulations!
The starting point of this course is a self-contained introduction to Bayesian estimation and inference. We proceed with the Bayesian estimation of reduced-form vector autoregressions, discussing popular families of prior distributions and how to sample from the resulting posterior distributions. Next, we move from reduced-form to structural VARs. We show how Bayesian inference can be implemented...
