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Diskussionspapiere 597 / 2006
Gazprom, the dominant gas company in Russia, is widely believed to be the key supplier of gas to Europe in the foreseeable future. However, there are numerous uncertainties and challenges within the Russian and European gas industry that may alter the allocation of Gazprom´s gas sales between domestic and export markets. In this paper we use both theoretical and numerical models to study potential ...
2006| Eirik Lund Sagen, Marina Tsygankova
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Refereed essays Web of Science
It is European Commission policy to charge modes of transport according to the marginal social cost of their use of the infrastructure, including environmental costs. However, progress in implementing this process has been slow, partly because of the difficulty of measuring and valuing these costs. This need has led to a great deal of research in this area in recent years. The paper presents the results ...
In:
Transport Reviews
26 (2006), 4, S. 389-415
| Peter Bickel, Rainer Friedrich, Heike Link, Louise Stewart, Chris Nash
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Refereed essays Web of Science
In:
The Energy Journal
26 (2005), 2, S. 49-68
| Christian von Hirschhausen, Berit Meinhart, Ferdinand Pavel
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Externe Monographien
Heidelberg [u.a.]:
Physica-Verl.,
2005,
274 S.
(ZEW Economic Studies ; 27)
| Klaus Jacob, Marian Beise, Jürgen Blazejczak, Dietmar Edler, Rüdiger Haum, Martin Jänicke, Thomas Löw, Ulrich Petschow, Klaus Rennings
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Refereed essays Web of Science
Technological change has become a major focus in environmental policy as well as in energy and climate policy. Indeed, there is a growing body of knowledge about how and in which direction technological change might have an impact on environmental resource constraints and how environmental policy might have an impact on this direction. In this article we introduce the contributions to this special ...
In:
Ecological Economics
54 (2005), 2-3, S. 133-147
| Herman R. J. Vollebergh, Claudia Kemfert
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Refereed essays Web of Science
This paper investigates the degree of integration of natural gas markets in Europe, North America and Japan in the time period between the early 1990s and 2004. The relationship between international gas market prices and their relation to the oil price are explored through principal components analysis and Johansen likelihood-based cointegration procedure. Both of them show a high level of natural ...
In:
Energy Economics
27 (2005), 4, S. 603-615
| Boriss Siliverstovs, Guillaume L'Hégaret, Anne Neumann, Christian von Hirschhausen
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Weekly Report 33 / 2005
The price of crude oil goes up and up -most recently driven by hurricane Katrina, which had a catastrophic effect on the US oil industry, and was followed by hurricane Rita. In September 2005 the price of Brent crude reached a new record at US $ 66 per barrel. The agreement by member states of the International Energy Agency (IEA) to release crude oil and petroleum products from their strategic reserves ...
2005| Claudia Kemfert, Manfred Horn
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Diskussionspapiere 530 / 2005
The main aim of this paper is to investigate quantitatively the economic impacts of emissions stabilization scenarios with and without the inclusion of induced technological change (ITC). Improved technological innovations are triggered by increased R&D expenditures that advance energy efficiencies. Model results show that induced technological changes due to increased investment in R&D reduce compliance ...
2005| Claudia Kemfert, Truong P. Truong
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Diskussionspapiere 512 / 2005
This study tests the hypothesis that the ongoing restructuring process in the European electricity sector, as well as market participants' adaptation to the new legal framework, have caused electricity wholesale day-ahead prices to converge towards arbitrage freeness. Using hourly cross-border capacity auction results at the Dutch-German and at the Danish-German border for the years 2002 to 2004, and ...
2005| Georg Zachmann
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Diskussionspapiere 533 / 2005
In 2005, the EU introduced an emissions trading system in order to pursue its Kyoto obligations. This instrument gives emitters the flexibility to undertake reduction measures in the most cost-efficient way and mobilizes market forces for the protection of the earth's climate. In this paper, we analyse the effects of emissions trading in Europe, with some special reference to the case of Germany. We ...
2005| Claudia Kemfert, Michael Kohlhaas, Truong P. Truong, Artem Protsenko