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Climate Policy Department Publications

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461 results, from 401
  • 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

    A Review of Technology and Policy Deep Decarbonization Pathway Options for Making Energy-Intensive Industry Production Consistent with the Paris Agreement

    In: Journal of Cleaner Production 187 (2018), S. 960-973 | Chris Bataille, Max Åhman, Karsten Neuhoff, Lars J. Nilsson, Manfred Fischedick, Stefan Lechtenböhmer, Baltazar Solano-Rodriquez, Amandine Denis-Ryan, Seton Stiebert, Henri Waisman, Oliver Sartor, Shahrzad Rahbar
  • Refereed essays Web of Science

    Pricing and Capacity Provision in Electricity Markets: An Experimental Study

    The creation of adequate investment incentives has been of great concern in the restructuring of the electricity sector. However, to achieve this, regulators have applied different market designs across countries and regions. In this paper we employ laboratory methods to explore the relationship between market design, capacity provision and pricing in electricity markets. Subjects act as firms, choosing ...

    In: Journal of Regulatory Economics 51 (2017), 2, S. 123-158 | Chloé Le Coq, Henrik Orzen, Sebastian Schwenen
  • Refereed essays Web of Science

    Productivity Measurement with Natural Capital

    This paper proposes a measurement framework that explicitly accounts for the role of natural capital in productivity measurement. It is applied to aggregate economy data from the OECD Productivity Database, with natural capital data from the World Bank. It is shown that the direction of the adjustment to productivity growth depends on the rate of change of natural capital extraction relative to the ...

    In: The Review of Income and Wealth 63 (2017), S.1, S. 7-21 | Nicola Brandt, Paul Schreyer, Vera Zipperer
  • Refereed essays Web of Science

    The Impact of Wind Power Support Schemes on Technology Choices

    In energy systems with large shares of variable renewable energies, electricity generation is lower during unfavorable weather conditions. System-friendly wind turbines (SFTs) rectify this by producing a larger share of their electricity at low wind speeds. This paper analyzes to what extent SFTs' benefits out-weigh their additional costs and how to incentivize investments into them. Using a wind power ...

    In: Energy Economics 65 (2017), S. 343-354 | Nils May
  • Refereed essays Web of Science

    An Analysis of a Forward Capacity Market with Long-Term Contracts

    We analyze the effectiveness of a forward capacity market (FCM) with long-term contracts in an electricity market in the presence of a growing share of renewable energy. An agent-based model is used for this analysis. Capacity markets can compensate for the deteriorating incentive to invest in controllable power plants when the share of variable renewable energy sources grows, but may create volatile ...

    In: Energy Policy 111 (2017), S. 255-267 | Pradyumna C. Bhagwat, Anna Marcheselli, Jörn Richstein, Emile J. L. Chappin, Laurens J. de Vries
  • Refereed essays Web of Science

    Cross-Border Effects of Capacity Mechanisms in Interconnected Power Systems

    The cross-border effects of a capacity market and a strategic reserve in interconnected electricity markets are modeled using an agent-based modeling methodology. Both capacity mechanisms improve the security of supply and reduce consumer costs. Our results indicate that interconnections do not affect the effectiveness of a capacity market, while a strategic reserve is affected negatively. The neighboring ...

    In: Utilities Policy 46 (2017), S. 33-47 | Pradyumna C. Bhagwat, Jörn Richstein, Emile J. L. Chappin, Kaveri K. Iychettira, Laurens J. de Vries
  • Refereed essays Web of Science

    The Effectiveness of Capacity Markets in the Presence of a High Portfolio Share of Renewable Energy Sources

    The effectiveness of a capacity market is analyzed by simulating three conditions that may cause suboptimal investment in the electricity generation: imperfect information and uncertainty; declining demand shocks resulting in load loss; and a growing share of renewable energy sources in the generation portfolio. Implementation of a capacity market can improve supply adequacy and reduce consumer costs. ...

    In: Utilities Policy 63 (2017), 9, S. 76-91 | Pradyumna C. Bhagwat, Kaveri K. Iychettira, Jörn Richstein, Emile J. L. Chappin, Laurens J. de Vries
  • Refereed essays Web of Science

    Bridging the Industrial Energy Efficiency Gap: Assessing the Evidence from the Italian White Certificate Scheme

    The Italian white certificate scheme is the main national policy instrument to incentivise energy efficiency of the industrial sector, with savings from white certificates amounting to 2% of Italy's 2012 primary energy consumption. The mechanism sets binding energy-saving targets on electricity and gas distributors with at least 50,000 clients and includes a voluntary opt-in model for participation ...

    In: Energy Policy 104 (2017) 112-123 | Jan Stede
  • 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
461 results, from 401