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Refereed essays Web of Science
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
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Refereed essays Web of Science
Nearly every carbon price regulates the production of carbon emissions, typically at midstream points of compliance such as power plants, consistent with typical advice from the literature. Since the early 2010s however, policymakers in Australia, California, China, Japan and Korea have implemented carbon prices that regulate the consumption of carbon emissions, where points of compliance are further ...
In:
Climate Policy
19 (2019), 1, S. 92-107
| Clayton Munnings, William Acworth, Oliver Sartor, Yong-Gun Kim, Karsten Neuhoff
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Refereed essays Web of Science
This study focuses on the local economic impacts of wind power deployment.Wind power deployment is not necessarily driven by locally accruing economic payoffs only, but potentially also by other factors, such as emphasis on environmentally friendly energy production and its associated benefits. Thus, the local economic impacts of wind power deployment are ambiguous.We empirically test the existence ...
In:
Finanzarchiv
75 (2019), 1, S. 59-92
| Nils May, Øivind A. Nilsen
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Refereed essays Web of Science
China recently announced its national emissions trading scheme, advancing market-based approaches to cutting greenhouse gas emissions. Its evolution over coming years will determine whether it becomes an effective part of China’s portfolio of climate policies.
In:
Nature Climate Change
8 (2018), 4, S. 260-271
| Frank Jotzo, Valerie Karplus, Michael Grubb, Andreas Löschel, Karsten Neuhoff, Libo Wu, Fei Teng
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Refereed essays Web of Science
ObjectivesThis article analyzes how couples allocate housework against the backdrop of three questions: (1) Does an individual's income—both in absolute and relative terms—influence his or her contribution to housework? (2) If so, does themagnitude of this influence differ by gender? and (3) How important are traditional gender roles on housework allocation?MethodsWe apply panel regression techniques ...
In:
Social Science Quarterly
99 (2018), 1, S. 43-61
| Vivien Procher, Nolan Ritter, Colin Vance
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Refereed essays Web of Science
Moving non-incremental innovations from the pilot scale to full commercial scale raises questions about the need and implementation of public support. Heuristics from the literature put policy makers in a dilemma between addressing a market failure and acknowledging a government failure: incentives for private investments in large scale demonstrations are weak (the valley of death) but the track record ...
In:
Energy Policy
119 (2018), S. 154-167
| Gregory F. Nemet, Vera Zipperer, Martina Kraus
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Refereed essays Web of Science
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
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Refereed essays Web of Science
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
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Refereed essays Web of Science
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
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Refereed essays Web of Science
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