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Refereed essays Web of Science
In theory, individual producer responsibility (IPR) creates incentives for "design-for-recycling". Yet in practice, implementing IPR is challenging, particularly if applied to waste electric and electronic equipment. This article discusses different options for implementing IPR schemes and producers' under German WEEE legislation. In addition, practical aspects of a German "return share" brand sampling ...
In:
Waste Management & Research
29 (2011), 9, S. 931-944
| Vera Susanne Rotter, Perrine Chancerel, Wolf-Peter Schill
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Refereed essays Web of Science
Improved understanding of the innovative pathways of renewable energy technologies is vital if we are to make the transition to a low carbon economy. This study presents new evidence on innovation and industry dynamics in concentrating solar power (CSP) technologies. Though CSP is undergoing a renaissance, existing innovation studies have explored innovative activity in solar technologies in general, ...
In:
Energy Policy
39 (2011), 5, S. 2441-2456
| Frauke G. Braun, Elizabeth Hooper, Robert Wand, Petra Zloczysti
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Refereed essays Web of Science
Despite political activities to foster a low-carbon energy transition, Germany currently sees a considerable number of new coal power plants being added to its power mix. There are several possible drivers for this "dash for coal", but it is widely accepted that windfall profits gained through free allocation of ETS certificates play an important role. Yet the quantification of allocation-related investment ...
In:
Energy Policy
39 (2011), 4, S. 1975-1987
| Michael Pahle, Lin Fan, Wolf-Peter Schill
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Refereed essays Web of Science
We study the strategic utilization of storage in imperfect electricity markets. We apply a game-theoretic Cournot model to the German power market and analyze different counterfactual and realistic cases of pumped hydro storage. Our main finding is that both storage utilization and storage-related welfare effects depend on storage ownership and the operator's involvement in conventional generation. ...
In:
The Energy Journal
32 (2011), 3, S. 59-87
| Wolf-Peter Schill, Claudia Kemfert
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Refereed essays Web of Science
We address investment in regulated natural gas pipelines when investment is lumpy and the demand for gas is stochastic. This is a problem that can be solved in theory as a dynamic program, but a practical solution depends on functions and parameters that are either subjective or cannot be estimated. We then reformulate the problem from the standpoint of consumers that face incomplete markets. It is ...
In:
Networks and Spatial Economics
11 (2011), 3, S. 533-553
| Dagobert L. Brito, Juan Rosellón
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Refereed essays Web of Science
Security is often defined as the absence of threats. However, security has far more aspects, reaching from security of nation states to health security. Baldwin (1997) formulated seven questions to narrow the (broad) concept of security. Along with Baldwin's questions, this paper analyses 'security' in the context of private, public, and club goods and their changing mixture. On the individual level, ...
In:
Defence & Peace Economics
22 (2011), 2, S. 135-145
| Hella Engerer
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Refereed essays Web of Science
Since 1996 regional rail passenger services in Germany have been subject to franchising. The franchising framework is characterised by a strong decentralisation of responsibilities, a considerable degree of freedom for the responsible authorities regarding contract design, a sound financial basis for awarding contracts, and the free choice of authorities between tendering procedures and direct awarding ...
In:
International Journal of Transport Economics
38 (2011), 2, S. 173-200
| Heike Link, Rico Merkert
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Refereed essays Web of Science
The increased wind energy supplied to many electricity markets around the world has to be balanced by reliably ramping units or other complementary measures when wind conditions are low. At the same time wind energy impacts both, the utilization of thermal power plants and the market prices. While the market prices tend to decrease, the impact on the utilization of different plant types is at the outset ...
In:
Energy Economics
33 (2011), 2, S. 249-256
| Thure Traber, Claudia Kemfert
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Refereed essays Web of Science
We use a quantitative electricity market model to analyze the welfare effects of refunding a share of the emission trading proceeds to support renewable energy technologies that are subject to experience effects. We compare effects of supporting renewable energies under both perfect and oligopolistic competition with competitive fringe firms and emission trading regimes that achieve 70 and 80% emission ...
In:
Utilities Policy
19 (2011), 1, S. 33-41
| Thure Traber, Claudia Kemfert
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Refereed essays Web of Science
What determines the yields at which international investors are willing to lend to emerging market countries, and the amounts of such lending? We analyze the motivation underlying investors' choices in allocating their holdings across countries, through regressions for both prices (bond yields) and quantities (bond market capitalization or stocks of external liabilities) estimated during two waves ...
In:
Review of Finance
15 (2011), 1, S. 207-243
| André Faria, Paolo Mauro, Aleksandar Zaklan