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Refereed essays Web of Science
When designing stated-choice experiments modellers may consider offering respondents an “indifference” alternative to avoid stochastic choices when utility differences between alternatives are perceived as too small. By doing this, the modeller avoids adding white noise to the data and may gain additional information. This paper proposes a framework to model discrete choices in the presence of indifference ...
In:
Journal of Choice Modelling
22 (2017), S. 13-23
| Francisco J. Bahamonde Birke, Isidora Navarro, Juan de Dios Ortúzar
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Refereed essays Web of Science
Why did OPEC not cut oil production in the wake of 2014's price fall? This study aims at aiding the mostly qualitative discussion with quantitative evidence from computing quarterly partial market equilibria Q4 2011 – Q4 2015 under present short-term profit maximisation and different competition setups. Although the model performs reasonably well in explaining pre-2014 prices, all setups fail to capture ...
In:
Energy Policy
111 (2017), S. 166-178
| Dawud Ansari
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Refereed essays Web of Science
This paper analyses whether exporting firms are less CO2 emission-intensive than non-exporting competitors. It exploits a novel and unique dataset for Germany, a major exporting country. Due to the direct link between CO2 emissions and fuels consumed, we argue that it is necessary to employ a production function framework to consistently analyse CO2 emission intensity. We show that such an approach ...
In:
European Economic Review
98 (2017), S. 373-391
| Philipp M. Richter, Alexander Schiersch
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Refereed essays Web of Science
This paper provides a literature review on wind power and externalities from multiple perspectives. Specifically, the economic rationale behind world-wide wind power deployment is to mitigate negative externalities of conventional electricity technologies, notably emissions from fossil fuels. However, wind power entails externalities itself. Wind turbines can lower quality of human life through noise ...
In:
Ecological Economics
141 (2017), S. 245-260
| Alexander Zerrahn
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Refereed essays Web of Science
The purpose of this article is twofold. First, we review model-based analyses that explore the role of power storage in energy systems with high shares of variable renewables. Second, we introduce a new model that is specifically designed for exploring long-term storage requirements. The literature survey focuses on recent contributions in the peer-reviewed energy economics and engineering literature. ...
In:
Renewable and Sustainable Energy Reviews
79 (2017),S. 1518-1534
| Alexander Zerrahn, Wolf-Peter Schill
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Refereed essays Web of Science
Throughout the world, governments foster the deployment of wind power to mitigate negative externalities of conventional electricity generation, notably CO2 emissions. Wind turbines, however, are not free of externalities themselves, particularly interference with landscape aesthetics. We quantify these negative externalities using the life satisfaction approach. To this end, we combine household data ...
In:
Journal of Environmental Economics and Management
82 (2017), S. 221-238
| Christian Krekel, Alexander Zerrahn
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Refereed essays Web of Science
Constrained transmission capacity in electricity networks may give generators the possibility to game the market by specifically causing congestion and thereby appropriating excessive rents. Investment in network capacity can ameliorate such behavior by reducing the potential for strategic behavior. However, modeling Nash equilibria between generators, which explicitly account for their impact on the ...
In:
Networks and Spatial Economics
17 (2017), 2, S. 611-644
| Alexander Zerrahn, Daniel Huppmann
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Refereed essays Web of Science
The Netherlands have been a pivotal supplier in Western European natural gas markets in the last decades. Recent analyses show that the Netherlands would play an important role in replacing Russian supplies in Germany and France in case of a Russian export disruption. Lately, however, the Netherlands have suffered from a series of earthquakes that are related to the natural gas production in the major ...
In:
Energy Economics
64 (2017), S. 520-529
| Franziska Holz, Hanna Brauers, Philipp M. Richter, Thorsten Roobek
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Refereed essays Web of Science
The emerging literature on power markets with high shares of variable renewable energy sources suggests that the costs of more frequent start-ups of thermal power plants may become an increasing concern. Here we investigate how this develops in Germany, where the share of variable renewables is expected to grow from 14% in 2013 to 34% in 2030. We show that the overall number of start-ups grows by 81%, ...
In:
Nature Energy
2 (2017), 17050, 6 S.
| Wolf-Peter Schill, Michael Pahle, Christian Gambardella
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Refereed essays Web of Science
Die britische Regierung will im Jahr 2017 den Austritt aus der EU erklären. Dies wird Folgen für die EU-Staaten Ostmittel- und Südosteuropas haben. Die Abwertung des Pfunds nach dem britischen Referendum hat bereits den Wert der Überweisungen von Arbeitsmigranten verringert. Erheblich wären die Folgen, sollte Großbritannien die Arbeitnehmerfreizügigkeit einschränken. Auch auf den Handel und in geringerem ...
In:
Osteuropa
66 (2016), 11-12, S. 119-133
| Hella Engerer