Industrial demand response can play an important part in balancing the intermittent production from a growing share of renewable energies in electricity markets. This paper analyses the role of aggregators – intermediaries between participants and ..
We analyze the gross welfare gains from real-time retail pricing in electricity markets where carbon taxation induces investment in variable renewable technologies. Applying a stylized numerical electricity market model, we find a U-shaped ...
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 ...
The production of basic materials accounts for around 25% of global greenhouse gas emissions. Existing measures to reduce emissions from industry are limited due to a combination of competitiveness concerns and a lack of technological options ...
The workshop gives an overview of mitigation options, possible set of policy instruments, and how they influence decisions (engage, improve economics, support innovation etc.), outline for the analytic approach and discussion of the day.
This expert scenario development workshop examines the future of sustainable development in Yemen. An invited group of academics, diplomats, and development and energy professionals move through a four-stage process of scenario foresight. On this ...
Cartels can severely harm social welfare. Competition authorities introduced leniency rules to destabilize existing cartels and hinder the formation of new ones. Empirically, it is difficult to judge the success of these measures because functioning
In the course of the energy transition, the German Commission on “Growth, Structural Change and Employment” recommended a stepwise phase-out of coal-fired electricity generation until 2038 and a partly substitution by gas-fired power plants. In this
Existing long-term energy and climate scenarios are typically a rather simple extrapolation of past trends. Both qualitative and quantitative outlooks co-exist, but they often focus narrowly on individual perspectives, which is opposed to the ...
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