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58 results, from 31
  • Refereed essays Web of Science

    Green Premiums Are a Challenge and an Opportunity for Climate Policy Design: Comment

    Adjusting green public support programmes to green premiums can reduce public spending, yet this is challenged by uncertainty. Underfunding green technologies can delay the green transition, and overfunding them can increase transition costs. Both risks of under- and overfunding can be reduced using responsive adjustments.

    In: Nature Climate Change 13 (2023), S. 592-595 | Till Köveker, Olga Chiappinelli, Mats Kröger, Oliver Lösch, Karsten Neuhoff, Jörn C. Richstein, Xi Sun
  • Refereed essays Web of Science

    Reacting to Changing Paradigms: How and Why to Reform Electricity Markets

    The energy crisis and the accelerated transition to climate neutrality result in a shift from the traditional energy trilemma to an “energy quartet” across Europe. Firstly, the criteria of affordability, previously focused on short-term price developments, broadens to reliable affordability including in crises. Secondly, clean energy traditionally focused on clean production now extends to clean energy ...

    In: Energy Policy 180 (2023), 113691, 7 S. | Karsten Neuhoff, Jörn C. Richstein, Mats Kröger
  • Refereed essays Web of Science

    Carbon Contracts-for-difference: How to De-risk Innovative Investments for a Low-carbon Industry?

    The shift to climate neutrality requires new process technologies for energy-intensive industries, such as steel, chemicals, or cement. A variety of technology options exist – but they face the challenges of (i) first-of-kind costs, (ii) higher operation and investment costs, and (iii) insufficient and uncertain carbon prices, which partly stem from political uncertainty. Existing innovation policy ...

    In: iScience 25 (2022), 8, 104700, 20 S. | Jörn C. Richstein, Karsten Neuhoff
  • Refereed essays Web of Science

    Financing Renewables in the Age of Falling Technology Costs

    Cost of renewable energies have dropped, approaching wholesale power price levels. As a result, the role of renewable energy policy design is shifting – from covering incremental costs towards facilitating risk-hedging. An analytical model of the financing structure of renewable investment projects is developed to assess this effect und used to compare different policy design choices: contracts for ...

    In: Resource and Energy Economics 70 (2022), 101330, 15 S. | Karsten Neuhoff, Nils May, Jörn C. Richstein
  • Refereed essays Web of Science

    A Green COVID-19 Recovery of the EU Basic Materials Sector: Identifying Potentials, Barriers and Policy Solutions

    This paper explores climate-friendly projects that could be part of the COVID-19 recovery while jump-starting the transition of the European basic materials industry. Findings from a literature review on technology options in advanced development stages for climate-friendly production, enhanced sorting, and recycling of steel, cement, aluminium, and plastics, are combined with insights from interviews ...

    In: Climate Policy 21 (2021), 10, S. 1328-1346 | Olga Chiappinelli, Timo Gerres, Karsten Neuhoff, Frederik Lettow, Heleen de Coninck, Balázs Felsmann, Eugénie Joltreau, Gauri Khandekar, Pedro Linares, Jörn Richstein, Aleksander Śniegocki, Jan Stede, Tomas Wyns, Cornelis Zandt, Lars Zetterberg
  • Refereed essays Web of Science

    Industrial Demand Response: How Network Tariffs and Regulation (Do Not) Impact Flexibility Provision in Electricity Markets and Reserves

    Incentives for industrial loads to provide demand response on day-ahead and reserve markets are affected both by network tariffs, as well as regulations on the provision of flexibility in different markets. This paper uses a numerical model of the chlor-alkali process with a storable intermediate good to investigate how these factors affect the provision of demand response in these markets. We also ...

    In: Applied Energy 278 (2020), 115431, 12 S. | Jörn C. Richstein, Seyed Saeed Hosseinioun
  • Refereed essays Web of Science

    The Role of Aggregators in Facilitating Industrial Demand Response: Evidence from Germany

    Industrial demand response can play an important part in balancing the intermittent production from a growing share of renewable energies in electricity markets. This paper analyses the role of aggregators – intermediaries between participants and power markets – in facilitating industrial demand response. Based on the results from semi-structured interviews with German demand response aggregators, ...

    In: Energy Policy 147 (2020), 111893, 11 S. | Jan Stede, Karin Arnold, Christa Dufter, Georg Holtz, Serafin von Roon, Jörn C. Richstein
  • Refereed essays Web of Science

    An Auction Story: How Simple Bids Struggle with Uncertainty

    Short-term electricity markets are key to an efficient production by generation units. We develop a two-period model to assess different bidding formats to determine for each bidding format the optimal bidding strategy of competitive generators facing price-uncertainty. We compare the results for simple bidding, block bidding and multi-part bidding. We find that even under optimal simple and block ...

    In: Energy Economics 89 (2020), 104784, 16 S. | Jörn C.Richstein, Casimir Lorenz, KarstenNeuhoff
  • Refereed essays Web of Science

    Opening the Black Box of Energy Modelling: Strategies and Lessons Learned

    The global energy system is undergoing a major transition, and in energy planning and decision-making across governments, industry and academia, models play a crucial role. Because of their policy relevance and contested nature, the transparency and open availability of energy models and data are of particular importance. Here we provide a practical how-to guide based on the collective experience of ...

    In: Energy Strategy Reviews 19 (2018), S. 63-71 | Stefan Pfenninger, Lion Hirth, Ingmar Schlecht, Eva Schmid, Frauke Wiese, Tom Brown, Chris Davis, Matthew Gidden, Heidi Heinrichs, Clara Heuberger, Simon Hilpert, Uwe Krien, Carsten Matke, Arjuna Nebel, Robbie Morrison, Berit Müller, Guido Pleßmann, Matthias Reeg, Jörn Richstein, Abhishek Shivakumar, Iain Staffell, Tim Tröndle, Clemens Wingenbach
  • Refereed essays Web of Science

    Simulating Climate and Energy Policy with Agent-Based Modelling: the Energy Modelling Laboratory (Emlab)

    We present an approach to simulate climate and energy policy for the EU, using a flexible and modular agent-based modelling approach and a toolbox, called the Energy Modelling Laboratory (EMLab). The paper shortly reviews core challenges and approaches for modelling climate and energy policy in light of the energy transition. Afterwards, we present an agent-based model of investment in power generation ...

    In: Environmental Modelling & Software 96 (2017), S. 421-431 | Emile J. L. Chappin, Laurens J. de Vries, Jörn Richstein, Pradyumna Bhagwat, Kaveri Iychettira, Salman Khan
58 results, from 31
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