Until the Russian war in Ukraine and its strong effects on the re-organisation of energy flows in Europe, it seemed a consensus that fossil assets will become stranded within the coming decades due to ever more stringent climate policy. Therefore, investments in such assets should be avoided as early as possible. With the newly awakened focus on energy security, the insurance aspect of redundant...
emobpy is a Python open-source tool that enables us to generate battery electric vehicle time series. The tool was released in 2020 on Gitlab and PyPI for the first time. A description of the tool was published as an open-access article in Scientific Data. Now we have just passed the 10K downloads!. We want to reach out to everyone who uses emobpy or is...
The Case of the Australian Galilee Basin Thermal coal exporters face increasing uncertainty about future coal demand and the risk of asset stranding is increasing. Nevertheless, new export-oriented coal mine projects like the Carmichael project in the Australian Galilee Basin are still brought forward. In this seminar, we discuss research results with the COALMOD-World model with Australian...
Our analysis highlights that the current national energy and climate plans (NECPs) of EU countries are insufficient to achieve a cost-efficient pathway to EU-wide climate neutrality by 2050.
The transition towards decarbonized energy systems requires the expansion of renewable and flexibility technologies in power sectors. Many powerful tools exist to find optimal capacity expansion. In a stylized comparison of six models, we evaluate the capacity expansion results of basic power sector technologies. The technologies under investigation include base- and peak load power plants, electricity ...
The EU Taxonomy is the first standardised and comprehensive classification system for sustainable economic activities. It covers activities responsible for up to 80% of EU greenhouse gas emissions and may play an important role in channelling investments into low-carbon technologies by helping investors to make informed decisions. However, especially in transition sectors much depends on the stringency ...
With the energy sector being one of the largest sources of global greenhouse-gas emissions, a swift change in the ways of energy generation and consumption is needed for a fulfilment of climate goals. But while the existence of global warming and the resulting need for action are widely agreed upon, there is a lot of discussion around the concrete measures and their timeline. A major cause of this ...
As COP26 drew to a close earlier this month, almost 200 nations agreed to “phase down” coal power in the coming years. How this is done, for coal and other fossil fuels, will have implications for individuals and communities that depend on these resources for their livelihoods. The first case study conducted by DIW Berlin focuses on Germany and the efforts it has undertaken to support ...
On Thursday 4 November, the German Institute for Economic Research (DIW Berlin) will hold an EU side event together with the World Resources Institute, Perspectives Climate Group, Frankfurt School and Climate Action Network on climate financing at the COP26. Leading European researchers will present their latest insights into aligning international financial flows with the goals of the Paris...
The financial sector has an important role in the transition towards a net-zero economy. Moderated by Prof. Dr. Karen Pittel (ifo Institute) this panel will discuss policy options for the financial sector. Karsten Löffler (Green and Sustainable Finance Cluster Germany) will hold a keynote on the recommendations of the German Sustainable Finance Committee. Four panelists will then add...