Topic Resource Markets

Does Green Public Procurement Trigger Environmental Innovations?

Green public procurement has gained high political priority and is argued to be an effective demand-side policy to trigger environmental innovations. However, the empirical evidence on its innovation impact is limited. We construct a novel firm-level dataset to investigate the effect of winning public procurement tenders with additional environmental award criteria on firms’ introduction of environmental ...

Facebook Shadow Profiles

Data is often at the core of digital products and services, especially when related to online advertising. This has made data protection and privacy a major policy concern. When surfing the web, consumers leave digital traces that can be used to build user profiles and infer preferences. We quantify the extent to which Facebook can track web behavior outside of their own platform. The network of engagement ...

Empirical Essays on Local Pollution and Environmental Policies

Externe Effekte lokaler Umweltverschmutzung sind ein zentrales Thema der Umweltökonomie. Da die Maßnahmen zur Minderung lokaler Umweltverschmutzung in den letzten Jahren immer strenger wurden, wird dieses Thema in Zukunft an Bedeutung gewinnen. Vor diesem Hintergrund ist es von entscheidender Bedeutung, die Schäden, die Individuen und Unternehmen durch lokale Umweltverschmutzung erfahren, zu quantifizieren ...

European Economists for an EU-level Gas Price Cap and Gas Saving Targets

Knappes Gas – Optionen zur Verringerung der Deckungslücke in Deutschland

In this article, we provide the results of a simple quantitative analysis of the potential remedies to reduce the supply gap in Germany that arises if Russia stops delivering natural gas. We take into account the supply potential of other suppliers, and combine this with an analysis of the additional supply potential by stopping electricity generation from natural gas. Moreover, we investigate the ...

Accounting for Spatiality of Renewables and Storage in Transmission Planning

The current governance process to plan the German energy system omits two options to substitute grid expansion: First, placing renewables closer to demand instead of where site conditions are best. Second, utilizing storage instead of additional transmission infrastructure to prevent grid congestion. In the paper, we apply a comprehensive capacity expansion model based on the AnyMOD modeling framework ...

Electricity Supply in Germany Can Be Secured without Russian Supplies and Nuclear Energy; The 2030 Coal-Phase out Remains Possible

The European Union has increased pressure on Russia by enacting a coal embargo. Following a transition period, Russian coal imports will end in August 2022. Recent studies show that Germany will be able to substitute Russian supplies with imports from other countries by summer 2022. However, with the looming threat of a Russian gas supply stop, plans must be developed to ensure security of supply. ...

Water Resources in Germany: Increasingly Polluted and Regionally Overused

The effects of the climate crisis are worsening water shortages, not only in the Global South but also in Europe, for example in the Berlin-Brandenburg region. Due to inadequate pricing of surface and groundwater abstraction and a lack of regulatory instruments, water overuse is occurring in some regions of Germany. Overuse is especially an issue for industry, which has contractually secured high volumes ...

Germany Can Increase Its Raw Material Import Security of Supply

Over 90 percent of Germany’s raw materials supply is imported and many of these imports come from only a small handful of producer countries. Often, these producer countries tend to be less democratic. In this respect, supply risks are extremely high in some cases, including for mineral raw materials such as rare-earth elements, lithium, and magnesium. To increase raw material import security of supply, ...

Contracts for Difference Support the Expansion of Renewable Energy Sources while Reducing Electricity Price Risks

The German Federal Government passed the “Easter Package” in July 2022, which envisages a number of measures for the expansion of renewable energy sources. The package retains sliding market premiums as a remuneration mechanism, which protect electricity producers unilaterally, while contracts for difference (CfDs), which also protect electricity customers, are only used in the offshore wind sector. ...