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  • Infographic

    Loss of Russian natural gas can be compensated for

  • Diskussionspapiere 2089 / 2024

    Friend, Not Foe - Energy Prices and European Monetary Policy

    This paper first shows that, contrary to conventional wisdom, the European Central Bank (ECB) can influence global energy prices. Second, through Lucas critique-robust counterfactual analysis, we uncover that the ECB’s ability to affect fast-moving energy prices plays an important role in the transmission of monetary policy. Third, we empirically document that, to optimally fulfill its primary mandate, ...

    2024| Gökhan Ider, Alexander Kriwoluzky, Frederik Kurcz, Ben Schumann
  • Diskussionspapiere 2086 / 2024

    Spatial Competition and Pass-through of Fuel Taxes – Evidence from a Quasi-natural Experiment in Germany

    This paper analyses the pass-through rates and their determinants of the temporary German fuel discount in 2022 at its start and its termination. Based on a unique dataset of fuel station characteristics and prices, we employ a Regression Discontinuity in Time (RDiT) methodology to estimate heterogeneous pass-through rates. Our main contribution is to identify the impact of horizontal and vertical ...

    2024| Frederik von Waldow, Heike Link
  • Refereed essays Web of Science

    The Elephant in the Room: How Do We Regulate Gas Transportation Infrastructure As Gas Demand Declines? Commenary

    The use of gas will decline dramatically as part of the transition to net zero. Modeling at European levelsshows that by 2050 about 70% less gaseous fuels will be used. Significant regulatory reform is needed todeal with the impacts of this decline on the gas grid.

    In: One Earth (2024), im Ersch. [online first: 2024-06-24] | Jan Rosenow, Richard Lowes, Claudia Kemfert
  • Diskussionspapiere 2090 / 2024

    The Evolution of Theories of Harm in EU Merger Control

    We discuss the main Theories of Harm in EU merger control and their evolution since the 1990s. We present stylised facts and trends using data extracted from EU merger decisions by natural language processing tools. EU merger policy has adapted over time, both in terms of legislation and theories of harm, as well as in terms of the investigative tools and evidence used. The introduction of the new ...

    2024| Tomaso Duso, Lea Bernhardt, Joanna Piechucka
  • DIW Weekly Report 16/17/18 / 2024

    Electricity Markets Stabilized Following the Energy Crisis; 80 Percent Renewable Energy and Coal Phase-out by 2030 Are Possible

    The German electricity market has recovered well from the 2022 energy crisis. Policymakers should now redirect the focus of energy policy to further expanding renewable energy sources. The year 2023 showed that the German electricity supply remained secure following the shutdown of nuclear power plants. It is possible, affordable, and plausible in light of climate policy to cover 80 percent of electricity ...

    2024| Mario Kendziorski, Lukas Barner, Claudia Kemfert, Christian von Hirschhausen, Enno Wiebrow
  • DIW Weekly Report 15 / 2024

    A Renewable Energy Pool Brings Benefits of Energy Transition to Consumers

    German companies view high and uncertain electricity prices a major challenge. A Renewable Energy Pool (RE-Pool), wherein the favorable conditions of competitive tenders for new wind and solar power projects are passed on to electricity consumers, could hedge such price risks. Consumers’ electricity prices are thus hedged for the share of their consumption that corresponds to the RE-Pool’s generation ...

    2024| Karsten Neuhoff, Mats Kröger, Leon Stolle
  • Diskussionspapiere 2083 / 2024

    Sustainable Finance Taxonomies – Enabling the Transition towards Net Zero? A Transition Score for International Frameworks

    A plethora of sustainable finance taxonomies are emerging worldwide to support shifting trillions for climate action. Employing a qualitative research approach, we use document analysis to assess 26 sustainable finance taxonomy frameworks worldwide that are in the developing phase or have been published and/or adopted. Based on literature and data we build a transition score (TS) to evaluate the framework’s ...

    2024| Catherine Marchewitz, Fernanda Ballesteros, Franziska Schütze, Nesrine Hadj Arab
  • Externe Monographien

    Green Innovation Policies

    Achieving climate neutrality and energy independence will require the accelerated diffusion ofexisting technologies, further cost reductions, as well as innovation in new technologies.However, climate related frontier innovation, as measured by patent fi lings, has been decliningsince 2012. In contrast, the deployment of existing technologies seems on the rise. The focus ondiffusion and commercialization ...

    Berlin: d\carb future economy forum, 2024, 4 S.
  • Externe Monographien

    Green Macroeconomics: Time for a New Paradigm

    Making macroeconomics fit for a climate-neutral future: The European Union decided to be climate-neutral by 2050 and, hence, become the first climate-neutral continent in the world. Becoming climate-neutral can be considered one of the biggest challenges in our industrial societies. This transition will shape our future tremendously. The invasion of Ukraine further reinforced the necessity to speed ...

    Berlin: d\carb future economy forum, 2024, 6 S.
580 results, from 1