Topic Energy Economics

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1018 results, from 11
Diskussionspapiere 1925 / 2021

Coase and Cap-and-Trade: Evidence on the Independence Property from the European Carbon Market

This paper tests the independence property under the Coase Theorem in a large multinational cap-and-trade scheme for greenhouse gas emissions, the EU Emissions Trading System (EU ETS). I analyze whether emissions of power producers regulated under the EU ETS are independent from allowance allocations, leveraging a change in allocation policy for a difference-in-differences strategy. The evidence suggests ...

2021| Aleksandar Zaklan
Externe referierte Aufsätze

Investing into Third Generation Nuclear Power Plants: Review of Recent Trends and Analysis of Future Investments Using Monte Carlo Simulation

This paper provides a review of trends in third generation nuclear power plants, and analyzes current and future nuclear power plant investments using Monte Carlo simulations of economic indicators. We first review global trends of nuclear power plant investments, including technical as well as economic trends. The review suggests that cost escalations in the sector observed in previous research continue ...

In: Renewable and Sustainable Energy Reviews 143 (2021), 110836, 13 S. | Ben Wealer, Simon Bauer, Christian von Hirschhausen, Claudia Kemfert, Leonard Göke
Externe referierte Aufsätze

Impact of Mexico's Energy Reform on Consumer Welfare

We study the impact of Mexico's energy reform on the welfare of electricity, liquified petroleum gas, and gasoline consumers between 2010 and 2018. We utilize micro-level data to estimate income and price elasticities. Comparative statics are used to determine subsidy and price influences on consumer surplus. A counterfactual is used to simulate the industry's behavior under non-reform parameters. ...

In: Utilities Policy 70 (2021), 101191, 10 S. | José Carlos Ramírez, Francisco Ortiz-Arango, Juan Rosellón
DIW Weekly Report 7/8 / 2021

Ten Years after Fukushima: Nuclear Energy Is Still Dangerous and Unreliable

The catastrophic accident at the Fukushima Daiichi Nuclear Power Plant on March 11, 2011, revealed unexpected safety risks of nuclear energy once again. It also accelerated the decline of nuclear energy in the international energy sector: Nuclear energy’s share of global electricity generation fell from 17 percent in 1996 to 13 percent in 2011 to approximately ten percent in 2019, with a share of primary ...

2021| Ben Wealer, Christian von Hirschhausen, Claudia Kemfert, Fabian Präger, Björn Steigerwald
Weitere Aufsätze

A Real Chance for Transatlantic Partnership on Climate Policy

In: Intereconomics 56 (2021), 1, S. 20-22 | Claudia Kemfert
Externe referierte Aufsätze

The EU ETS to 2030 and beyond: Adjusting the Cap in Light of the 1.5°C Target and Current Energy Policies

The Paris Agreement calls on countries to pursue efforts to limit global average temperature rise to 1.5°C. We derive a 2016–2050 emission budget for the EU Emissions Trading System (EU ETS) based on cost-effectiveness criteria aimed at achieving the 1.5°C target with a 50%–66% probability, and translate it into a cap reduction path. We show that, under current ETS parameters, the vast majority of ...

In: Climate Policy (2021), im Ersch. [online first: 2020-02-05] | Aleksandar Zaklan , Jakob Wachsmuth, Vicki Duscha
Externe referierte Aufsätze

The U.S. Coal Sector between Shale Gas and Renewables: Last Resort Coal Exports?

Coal consumption and production have sharply declined in recent years in the U.S., despite political support. Reasons are mostly unfavorable economic conditions for coal, including competition from natural gas and renewables in the power sector, as well as an aging coal-fired power plant fleet. Nevertheless, coal remains a major energy source in the North American energy markets. Supplementing EMF34 ...

In: Energy Policy 149 (2021), 112097, 13 S. | Christian Hauenstein, Franziska Holz
SOEPpapers 1116 / 2021

Quantifying the Externalities of Renewable Energy Plants Using Wellbeing Data: The Case of Biogas

Although there is strong support for renewable energy plants, they are often met with local resistance. We quantify the externalities of renewable energy plants using well-being data. We focus on the example of biogas, one of the most frequently deployed technologies besides wind and solar. To this end, we combine longitudinal household data with novel panel data on more than 13, 000 installations ...

2021| Christian Krekel, Julia Rechlitz, Johannes Rode, Alexander Zerrahn
Externe referierte Aufsätze

The Effect of Restructuring Electricity Distribution Systems on Firms' Persistent and Transient Efficiency

We evaluate the efficiency of electricity distribution operators (DSOs) as providers of local public infrastructure. In particular, we consider two types of efficiency, i.e., short-term (transient) and long-term (persistent). We apply the recently developed four-component stochastic frontier model, which allows identifying determinants of the two types of efficiency, after controlling for firm heterogeneity ...

In: The Energy Journal 42 (2021), 4, 20 S. | Astrid Cullmann, Oleg Badunenko, Subal C. Kumbhakar, Maria Nieswand
Report

Neuer Policy Brief von Climate Friendly Materials Plattform wurde veröffentlicht: Climate Contribution and its role in European industrial decarbonisation

Last year, the Climate Friendly Materials Platform proposed an innovative policy framework to support the decarbonisation of the basic materials sector in the EU. A new policy brief from the platform focuses on one major component of this package: introducing the climate contribution to compliment the free allocation in the EU Emissions Trading System. The brief clarifies the concept and explains why ...

18.12.2020| Olga Chiappinelli
1018 results, from 11
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