Externe referierte Aufsätze
We evaluate the efficiency of electricity distribution operators (DSOs) as providers of local public infrastructure. In particular, we consider two types of efficiency, i.e., short-term (transient) and long-term (persistent). We apply the recently developed four-component stochastic frontier model, which allows identifying determinants of the two types of efficiency, after controlling for firm heterogeneity ...
The Energy Journal
42 (2021), 4, 20 S.
| Astrid Cullmann, Oleg Badunenko, Subal C. Kumbhakar, Maria Nieswand
Last year, the Climate Friendly Materials Platform proposed an innovative policy framework to support the decarbonisation of the basic materials sector in the EU. A new policy brief from the platform focuses on one major component of this package: introducing the climate contribution to compliment the free allocation in the EU Emissions Trading System. The brief clarifies the concept and explains why ...
18.12.2020| Olga Chiappinelli
Berlin Seminar on Energy and Climate Policy
With the Green Deal, the EU aims not only at climate neutrality by 2050, but also to stimulate economic recovery in light of the pandemic. The European Commission is currently revisiting its climate policy instruments in order to strengthen the economics of climate friendly activities and investments. A central part of the debate is the European Emission Trading System and a proposed Carbon Border...
25.11.2020| David G Victor, Arunabha Ghosh, Danny Cullenward, Ingrid Nestle
The European Fund for Strategic Investments (EFSI) – the financial pillar of the Investment Plan for Europe – has been one of the good news stories to emerge in a decade of economic uncertainty. Launched by the Juncker Commission and the EIB Group in 2014, it has gone well beyond its target of €500 billion in mobilised investments. In the meantime, the Covid-19 pandemic has led to the biggest...
The European Fund for Strategic Investments (EFSI) – the financial pillar of the Investment Plan for Europe – has been one of the good news stories to emerge in a decade of economic uncertainty. Launched by the Juncker Commission and the EIB Group in 2014, it has gone well beyond its target of €500 billion in mobilised investments. In the meantime, the Covid-19 pandemic has led to...
19.11.2020| Valdis Dombrovskis, Werner Hoyer, Mariana Mazzucato, Marcel Fratzscher
Clear policy strategies are essential to guide corporate decision making and effective policy to achieve decarbonisation of European industry. This brief provides a much-needed overview of the current policy landscape in five EU Member States (Germany, Hungary, the Netherlands, Poland, Spain) by investigating how the path to climate-neutral industrial production is reflected in their key national plans. ...
12.11.2020| Olga Chiappinelli
Carbon Contracts for Differences (CCFD) are one of the elements of the policy package developed by the Climate Friendly Materials Platform (CFMP) in order to help decarbonise European’s industry while preserving its competitiveness. CCfDs are a powerful tool for helping European industry transformation during the first stages of the transition period towards a low emission economy, and the current ...
12.11.2020| Olga Chiappinelli
The phase-out of fossil fuels, and a growing use of variable renewable energy sources, increase the flexibility needs of the power sector. In this context, different energy storage technologies become more relevant. Yet the role and use of electricity storage depends on many factors, for example technology costs and availabilities, as well as the level and flexibility of sector coupling strategies...
09.10.2020| Sebastian Osorio, Mario Kendziorski, Leonard Göke, Wolf-Peter Schill, Carlos David Gaete Morales, Martin Kittel
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 battleground for the conflict between Russia and the United States. The construction of the Baltic Sea pipeline Nordstream 2 has set in motion a downward...
29.07.2020| Franziska Holz, Claudia Kemfert
The European Green Deal includes the goal of enshrining the long-term objective of climate neutrality by 2050 in legislation and increasing the EU’s climate by 2030. In this context, the Green Deal emphasized that “should differences in levels of ambition worldwide persist, as the EU increases its climate ambition, the Commission will propose a carbon border adjustment mechanism, for...
Current Project| Climate Policy