Externe referierte Aufsätze
Reductions in the cost of PV and batteries encourage households to invest in PV battery prosumage. We explore the implications for the rest of the power sector by applying two open-source techno-economic models to scenarios in Western Australia for the year 2030. Household PV capacity generally substitutes utility PV, but slightly less so as additional household batteries are installed. Wind power ...
276 (2020), 115466, 14 S.
| Kelvin Say, Wolf-Peter Schill, Michele John
Diskussionspapiere 1891 / 2020
Effective attention to information may play a prominent role in consumer choice for energy-intensive services and it may simply be a function of receiving timely information when consumption takes place. This paper investigates whether and why the timing of utility bills leads to salience bias in heat energy consumption. In Germany, the 12-month billing period varies across buildings with a signiﬁcant ...
2020| Puja Singhal
Externe referierte Aufsätze
We study the characteristics of inﬂation targeting as a shock absorber, using quarterly data for a large panel of countries. To overcome an endogeneity problem between monetary regimes and the likelihood of crises, we propose to study large natural disasters. We ﬁnd that inﬂation targeting improves macroeconomic performance following such exogenous shocks. It lowers inﬂation, raises output growth, ...
Journal of International Economics
123 (2020), 103308, 16 S.
| Marcel Fratzscher, Christoph Große Steffen, Malte Rieth
Diskussionspapiere 1885 / 2020
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 1886 / 2020
When analyzing potential ways to counter climate change, standard models of green growth abstract from investment in substitutability between “clean” and “dirty” energy inputs. Instead, they rely on the assumption that efficiency with respect to fossil fuels can be increased perpetually. However, this is not in line with observed firm investment behavior and the limits to efficiency imposed by thermodynamic ...
2020| Fabian Stöckl
DIW focus 5 / 2020
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
VII, 98 S.
| Olga Chiappinelli, Katharina Erdmann, Timo Gerres, Manuel Haussner, Ingmar Juergens, Karsten Neuhoff, Alice Pirlot, Jörn C. Richstein, Yeen Chan
DIW Weekly Report 28/29 / 2020
The European Green Deal, initiated by the EU Commission, is a package of measures aimed at decarbonization and sustainable economic development with the goal of making the European Union climate neutral by 2050. To achieve this goal, the emission reductions target must be increased from 40 percent to 65 percent compared to 1990 levels, as the model calculations in this Weekly Report show. Fossil and ...
2020| Karlo Hainsch, Leonard Göke, Claudia Kemfert, Pao-Yu Oei, Christian von Hirschhausen
| Karsten Neuhoff, Frederik Lettow, Olga Chiappinelli, Timo Gerres, Eugénie Joltreau, Pedro Linares, Aleksander Śniegocki
DIW Weekly Report 26/27 / 2020
Currently, the European Commission intends to increase the EU’s 2030 climate target. Instead of a 40 percent target, greenhouse gas emissions would be reduced by 50 to 55 percent compared to 1990 levels; the European Parliament is even considering a 65-percent reduction. The European Emissions Trading System (EU ETS) sectors should make an appropriate contribution to this reduction. However, decisive ...
2020| Aleksandar Zaklan, Vicki Duscha, Claudia Gibis, Jakob Wachsmuth, Jan Weiß, Claudia Kemfert