The past 10 years since the 2008 Lehman bankruptcy have clearly shown that global economic and financial crises present major challenges not only to banks and businesses but also to private households, requiring them a high level of shock absorption capacity. Resilience of households also depends on the stability of their investment portfolios. Diversification is an important requirement for...
The general objective of XPRESS project (full title: Support for Public Procurements to facilitate the collaboration between SMEs and public sector for the development and adoption in renewables in regions) is to facilitate the introduction of innovative Renewable Energy Supply (RES) technologies and increase the share of renewable energy in the final energy consumption..DIW’s Berlin part ...
Melissa Newham (Firms and Markets Department and KU Leuven), was granted the ICM-FWO Fellowship by the Research Foundation Flanders (FWO), which is the most prominent funding channel for PhD students in Belgium. The funding period is one year renewable twice.
The theoretical literature remains inconclusive on whether changes in bank exposure to the domestic sovereign have an adverse effect on the sovereign risk position through a diabolic loop in the sovereign-bank nexus, or reduce perceived default risk by acting as a disciplinary device for the sovereign. In this paper we empirically analyze the impact of exogenous changes in bank exposure on the risk ...
The cost of renewable energy technology has plunged in recent years. But the extent to which electricity consumers can benefit from the reduced costs depends on the design of renewable remuneration mechanisms. Calculations of a financing model show that the current sliding premium is leading to increasingly higher risks for investments and in turn, increasing equity requirements. As a result, financing ...
This Data Documentation presents the second version of the Global Energy System Model (GENeSYSMOD), an open-source energy system modeling framework. The model endogenously determines costoptimal investment paths into conventional and renewable energy generation, different storage technologies, and some infrastructure investments in five-year steps until 2050. GENeSYS-MOD hereby focuses on the coupling ...
Linking cap-and-trade systems promises gains in cost effectiveness and signals a strong commitment to carbon policy. Linking is also seen as one possible way of converging from regional climate policy initiatives toward a global climate policy architecture. Two linked systems have been established recently, one in Europe and one in North America. However, linking also comes with challenges, such as ...
The workshop discussed the effects of regulations, such as feed-in management and the 6-hour rule, on the financing conditions of investments in renewable energies. First, Eberhard Holstein (Digital Energy Solutions) gave an overview of historical and current developments in electricity market design and how these can influence financing. Then Daniel Hölder from the project developer baywa.re...
