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Refereed essays Web of Science
In this paper, we provide a comprehensive multivariate cointegration analysis of three parts of the steam coal value chain - export, transport and import prices. The analysis is based on a rich dataset of international coal prices; in particular, we combine data on steam coal prices with freight rates, covering the period December 2001 until August 2009 at weekly frequency. We then test whether the ...
In:
Energy Economics
34 (2012), 1, S. 105-116
| Aleksandar Zaklan, Astrid Cullmann, Anne Neumann, Christian von Hirschhausen
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Research Project
Completed Project| Energy, Transportation, Environment
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Diskussionspapiere 1176 / 2011
In the last two decades, feed-in tariffs (FIT) and renewable portfolio standards (RPS) have emerged as two of the most popular policies for supporting renewable electricity (RES-E) generation in the developed world. A few studies have assessed their effectiveness, but most do not account for policy design features and market characteristics that influence policy strength. In this paper, we employ 1992-2008 ...
2011| Felix Groba, Joe Indvik, Steffen Jenner
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Diskussionspapiere 1171 / 2011
This research presents an application of the Hogan, Rosellón and Vogelsang (2010) (HRV) mechanism to promote electricity transmission network expansion in the Peruvian electricity transmission system known as SEIN (Sistema Eléctrico Interconectado Nacional). The HRV mechanism combines the merchant and regulatory approaches to promote investment into transmission grids. This mechanism gives incentives ...
2011| Erix Ruiz, Juan Rosellón
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Externe Monographien
The German power market is shaped by several distinctive trends. These include market restructuring, climate policy measures, renewable energy integration, and electric vehicles. In this thesis, I conduct in-depth model-based analyses of specific economic questions related to the aforementioned developments. More precisely, I examine selected market failures and the need for economic regulation. In ...
Berlin:
Technische Universität,
2011,
XIV, 194 S.
| Wolf-Peter Schill
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DIW Economic Bulletin 1 / 2011
With the moratorium on nuclear energy, the German federal government passed a resolution to shut down seven nuclear power plants for a period of three months. According to the calculations of DIW Berlin (German Institute for Economic Research), sufficient electricity is being produced despite the nuclear plants' removal from the grid. Electricity prices are only likely to increase slightly. The moratorium ...
2011| Claudia Kemfert, Thure Traber
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DIW Economic Bulletin 1 / 2011
2011
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DIW Economic Bulletin 1 / 2011
Renewable energy sources and increased energy efficiency are not only crucial for reducing greenhouse gas emissions and other negative impacts of conventional energy supply; they also hold enormous economic opportunity. Significant and dynamically growing sectors have emerged in the area of renewable energy over the last several years. In 2010, 26.6 billion euros were invested in Germany alone in renewable ...
2011| Jürgen Blazejczak, Frauke G. Braun, Dietmar Edler, Wolf-Peter Schill
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Other refereed essays
We discuss potential developments of the world natural gas industry through 2030. We use the World Gas Model (WGM), a multi-period strategic representation of the global natural gas sector, between 2005 and 2030. We specify a 'base case' and then analyse the sensitivity of the world natural gas system with scenarios, including various supply scenarios (e.g., emergence of large volumes of unconventional ...
In:
International Journal of Global Energy Issues
35 (2011), 1, S. 64-84
| Daniel Huppmann, Ruud Egging, Franziska Holz, Christian von Hirschhausen, Sophia Rüster
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Refereed essays Web of Science
We use a quantitative electricity market model to analyze the welfare effects of refunding a share of the emission trading proceeds to support renewable energy technologies that are subject to experience effects. We compare effects of supporting renewable energies under both perfect and oligopolistic competition with competitive fringe firms and emission trading regimes that achieve 70 and 80% emission ...
In:
Utilities Policy
19 (2011), 1, S. 33-41
| Thure Traber, Claudia Kemfert