For the future development of the European electricity system, renewable generation is assigned a dominant role with the underlying aim to reduce the carbon intensity. This has direct implications for conventional, dispatchable generation capacities and their future development. The objective of this paper is to investigate the investments in conventional generation technologies for a given renewable ...
Recent research has repeatedly demonstrated that well-being typically evinces precipitous deterioration close to the end of life. However, the determinants of individual differences in these terminal declines are not well understood. In this study, we examine the role of perceived personal control as a potential buffer against steep terminal declines in well-being. We applied single- and multiphase ...
Adequate extension of electricity transmission networks is required for integrating fluctuating renewable energy sources, such as wind power, into electricity systems. We study the performance of different regulatory approaches for network expansion in the context of realistic demand patterns and fluctuating wind power. In particular, we are interested in the relative performance of a combined merchant-regulatory ...
This paper analyses the effects of newspaper coverage of macro news on the spread between the yield on the 10-year German Bund and on sovereign bonds in eight countries belonging to the euro area (Belgium, France, Greece, Ireland, Italy, the Netherlands, Portugal and Spain) using daily data for the period 1999-2014. The econometric analysis is based on the estimation of a VAR-GARCH model. The results ...
The energy efficiency of the residential housing stock plays a key role in strategies to mitigate climate change and global warming. In this context, it is frequently argued that private investment and the quality of thermal upgrades is too low in the light of the challenges faced and the potential energy cost savings. While many authors address the potential barriers for investors to increase energy ...
The European Economic Association (EEA) gave one of the FEEM Awards 2014 for the best papers presented at the annual congress of the EEA to Christian Krekel, doctoral student at the SOEP. The award was established in 2009 and aims to reward new ideas addressing key economic issues at the European and global scale. It honors young economists who are no more than three years past their PhD defense. The ...
