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Refereed essays Web of Science
This paper aims to quantify the relation between real GDP, CO2 emissions, renewable and nonrenewable energy consumption, tourism development and labor force for France and Germany as these two countries are pioneer countries pushing Paris agreement within and outside the European Union. The time spans have been used for the period of 1995–2015 according to data availability. In the presence of cross-sectional ...
In:
Renewable Energy
172 (2021), S. 88-99
| Xuejiao Ma, Najid Ahmad, Pao-Yu Oei
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Refereed essays Web of Science
This paper provides a review of trends in third generation nuclear power plants, and analyzes current and future nuclear power plant investments using Monte Carlo simulations of economic indicators. We first review global trends of nuclear power plant investments, including technical as well as economic trends. The review suggests that cost escalations in the sector observed in previous research continue ...
In:
Renewable and Sustainable Energy Reviews
143 (2021), 110836, 13 S.
| Ben Wealer, Simon Bauer, Christian von Hirschhausen, Claudia Kemfert, Leonard Göke
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Refereed essays Web of Science
State-of-the-art, open access numerical modeling of imperfectly competitive energy markets offers a sound and transparent way to address topical research questions in energy and commodity markets. We use an open access equilibrium model, the Global Gas Model (GGM), and sector-specific, politically motivated scenarios to investigate the prospects for sales of liquefied natural gas (LNG) from the U.S. ...
In:
Research in International Business and Finance
58 (2021), 101460, 15 S.
| Ruud Egging-Bratseth, Franziska Holz, Victoria Czempinski
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Refereed essays Web of Science
We analyze how tariff design incentivizes households to invest in residential photovoltaic and battery storage systems, and explore selected electricity sector effects. To this end, we develop an open-source electricity sector model that explicitly features prosumage agents and apply it to German 2030 scenarios. Results show that lower feed-in tariffs substantially reduce investments in residential ...
In:
Energy Policy
152 (2021), 112168, 17 S.
| Claudia Günther, Wolf-Peter Schill, Alexander Zerrahn
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Refereed essays Web of Science
Coal consumption and production have sharply declined in recent years in the U.S., despite political support. Reasons are mostly unfavorable economic conditions for coal, including competition from natural gas and renewables in the power sector, as well as an aging coal-fired power plant fleet. Nevertheless, coal remains a major energy source in the North American energy markets. Supplementing EMF34 ...
In:
Energy Policy
149 (2021), 112097, 13 S.
| Christian Hauenstein, Franziska Holz
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Refereed essays Web of Science
In:
Joule
4 (2020), 10, S. 1-6
| Wolf-Peter Schill
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Refereed essays Web of Science
As COVID-19 spreads worldwide, governments have been implementing a wide range of measures to contain it, from movement restrictions to economy-wide shutdowns. Understanding their impacts is essential to support better policies for countries still experiencing outbreaks or in case of emergence of subsequent pandemic waves. Here we show that the cumulative decline in electricity consumption within the ...
In:
iScience
23 (2020), 10, 101639, 29 S.
| Javier López Prol, Sungmin O
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Refereed essays Web of Science
German hard coal production ended in 2018, following the termination of subsidies. This paper looks at 60 years of continuous decline of an industry that employed more than 600,000 people, through a case study comparing Germany’s two largest hard coal mining areas (Ruhr area and Saarland). Although predominantly economic drivers underlay the transitions, both provide valuable lessons for upcoming coal ...
In:
Climate Policy
20 (2020), 8, S. 963-979
| Pao-Yu Oei, Hanna Brauers, Philipp Herpich
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Refereed essays Web of Science
The political discussion to reduce the carbon footprint of Germany’s electricity sector,focusing on coal, is intensifying. In this paper, we develop scenarios for phasing out lignite and hardcoal power plants in Germany prior to the end of their technical lifespan (“coal-exit”). Our analysisbases upon two coal-exit instruments, the retirement of coal generation capacities and the limitingof how much ...
In:
Energies
13 (2020), 8, Art. 2041, 19 S.
| Martin Kittel, Leonard Goeke, Claudia Kemfert, Pao-Yu Oei, Christian von Hirschhausen
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Refereed essays Web of Science
In the transition to a renewable energy system, the occurrence of low-wind-power events receives increasing attention. We analyze the frequency and duration of such events for onshore wind power in Germany, based on 40 years of reanalysis data and open software. We find that low-wind-power events are less frequent in winter than in summer, but the maximum duration is distributed more evenly between ...
In:
Environmental Research Letters
15 (2020), 8, 084045, 13 S.
| Nils Ohlendorf, Wolf-Peter Schill