The conversion of electricity generation to renewable energies such as wind and solar is the most important building block for a climate-neutral economy and Germany's independence from energy imports. The energy crisis in the wake of the war in Ukraine shows that an acceleration of the energy transition is urgently needed. "Contracts for Differences" (CfDs) can be an effective means of promoting the ...
Die EU-Richtlinie über die Gesamtenergieeffizienz von Gebäuden (EPBD) etabliert eine neue gesellschaftliche Norm und ein großes politisches Ziel: Bis 2033 sollten alle Wohngebäude einen Mindeststandard an Energieeffizienz erreichen. So sollen Energiekosten und Schocks für Haushalte begrenzt werden und der Energiebedarf reduziert werden, um eine klimaneutrale Energieversorgung für alle zu...
The energy and climate crisis enhance the need for energy savings. In the building sector, these savings can be achieved primarily through thermal retrofitting. So far, progress in this area has been slow. To date, less than one percent of the residential building stock in Germany is retrofitted each year. The existing support programs alone offer too little reliability for the necessary...
The influential Indian Parliamentarian Mr. Jayant Sinha envisages a global climate alliance building on the concept of the European Union and its Green Deal – a community attractive to its members because it addresses the diverse needs and ensures that joint action benefits all. To ensure the inclusive nature and broaden the political ownership of such an initiative, Mr. Sinha launched a report on...
To reduce greenhouse gas emissions, many countries plan to massively expand wind power and solar photovoltaic capacities. These variable renewable energy sources require additional flexibility in the power sector. Both geographical balancing enabled by interconnection and electricity storage can provide such flexibility. In a 100% renewable energy scenario of twelve central European countries, we investigate ...
While countries increasingly commit to pricing greenhouse gases directly through carbon taxes or emissions trading systems, indirect forms of carbon pricing—such as fuel excise taxes and fuel subsidy reforms—remain important factors affecting the mitigation incentives in an economy. Taken together, how can policy makers think about the overall price signal for carbon emissions and the incentive it ...