Steam coal exporters face increasing uncertainty about future coal demand and risks of asset stranding. Nevertheless, new export-oriented coal mine projects are still brought forward. In this study, we use the coal sector model COALMOD-World to assess the economic prospects of investments in the export-oriented steam coal sector, and in particular of coal mines in the Galilee Basin, Australia. We parameterize ...
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.
This paper presents the results of a multi-model comparison to determine outcome deviations resulting from differences in power system models. We apply eight temporally and spatially resolved models to 16 stylized test cases. These test cases differ in their renewable energy supply share, technology scope, and optimization scope. We focus on technologies for balancing the variability of power generation, ...
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 case study conducted by DIW Berlin focuses on Germany and the efforts it has undertaken to support ...
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...
In the project "Open Hydrogen Modeling", we expand and link three Berlin-based open-source models: the Global Gas Market Model (GGM), the Global Energy System Model (GENeSYS-MOD), and the electricity sector model DIETER. We investigate the prospects of the hydrogen markets in creation, ranging from the global market to the European and German market. We are particularly interested in the...