Topic Resource Markets

clear
464 results, from 11
Externe referierte Aufsätze

Between Stranded Assets and Green Transformation: Fossil-Fuel-Producing Developing Countries Towards 2055

Climate-related asset stranding refers to the depreciation of assets – such as resource reserves, infrastructure, or industries – resulting from the unanticipated changes, such as the tightening of climate policies. Although developing countries – especially fossil-fuel exporters – may be most concerned by this issue, its analysis in development (economics) has so far been limited.We aim at enhancing ...

In: World Development 130 (2020), 104947, 17 S. | Dawud Ansari, Franziska Holz
Diskussionspapiere 1856 / 2020

Technology Policy and Market Structure: Evidence from the Power Sector

We show how policies to trigger clean technologies change price competition and market structure. We present evidence from electricity markets, where regulators have implemented different policies to subsidize clean energy. Building on a multi-unit auction model, we show that currently applied subsidy designs either foster or attenuate competition. Fixed, price-independent output subsidies decrease ...

2020| Moritz Bohland, Sebastian Schwenen
DIW focus 5 / 2020

No Need for New Natural Gas Pipelines and LNG Terminals in Europe

Natural gas could play an increasing role in the German energy system following the coal exit decided in July 2020 by the German parliament. However, natural gas has no climate benefit compared to coal. What is more, Europe risks to become a battle-ground for the conflict between Russia and the United States. The construction of the Baltic Sea pipeline Nordstream 2 has set in motion a downward spiral ...

2020| Franziska Holz, Claudia Kemfert
Diskussionspapiere 1885 / 2020

Substituting Clean for Dirty Energy: A Bottom-Up Analysis

We fit CES and VES production functions to data from a numerical bottom-up optimization model of electricity supply with clean and dirty inputs. This approach allows for studying high shares of clean energy not observable today and for isolating mechanisms that impact the elasticity of substitution between clean and dirty energy. Central results show that (i) dirty inputs are not essential for production. ...

2020| Fabian Stöckl, Alexander Zerrahn
Diskussionspapiere 1880 / 2020

The U.S. Coal Sector between Shale Gas and Renewables: Last Resort Coal Exports?

Coal consumption and production have sharply declined in recent years in the U.S., despite political support. Reasons are mostly unfavorable economic conditions for coal, including competition from natural gas and renewables in the power sector, as well as an aging coal- fired power plant fleet. The U.S. Energy Information Administration as well as most models of North American energy markets depict ...

2020| Christian Hauenstein, Franziska Holz
Externe referierte Aufsätze

Energy Outlooks Compared: Global and Regional Insights

We compare prominent global energy scenarios of organizations and companies. We supplement the analysis with four own scenarios, which were derived from structured analytic techniques in combination with a numerical global energy and resource market model (Multimod). Our paper provides three central contributions: (i) a compact survey of selected outlooks with meta characteristics (conceptual nature, ...

In: Economics of Energy and Environmental Policy 9 (2020), 1, S. 21-42 | Dawud Ansari, Franziska Holz, Hashem al-Kuhlani
Externe referierte Aufsätze

Do Benefits from Dynamic Tariffing Rise? Welfare Effects of Real-Time Retail Pricing Under Carbon Taxation and Variable Renewable Electricity Supply

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 association between carbon taxation and gross welfare gains. The benefits of introducing real-time pricing can accordingly be relatively low at relatively high carbon ...

In: Environmental & Resource Economics 75 (2020), S. 183-213 | Christian Gambardella, Michael Pahle, Wolf-Peter Schill
Externe referierte Aufsätze

Lessons from Germany’s Hard Coal Mining Phase-Out: Policies and Transition from 1950 to 2018

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 coal mining areas (Ruhr area and Saarland). Although predominantly economic drivers underlay the transitions, both provide valuable lessons for upcoming coal ...

In: Climate Policy 20 (2020), 8, S. 963-979 | Pao-Yu Oei, Hanna Brauers, Philipp Herpich
Diskussionspapiere 1840 / 2020

The Role of Aggregators in Facilitating Industrial Demand Response: Evidence from Germany

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 the electricity market – in facilitating industrial demand response. Based on the results from semi-structured interviews with German demand response aggregators, ...

2020| Jan Stede, Karin Arnold, Christa Dufter, Georg Holtz, Serafin von Roon, Jörn C. Richstein
Externe referierte Aufsätze

The Impact of Implementing a Consumption Charge on Carbon-Intensive Materials in Europe

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 available to producers. In this paper, we assess the possibility of implementing a materials charge to reduce demand for basic industrial products and, hence, ...

In: Climate Policy 20 (2020), Suppl. 1, S. S74-S89 | Hector Pollitt, Karsten Neuhoff, Xinru Lin
464 results, from 11