Topic Energy Economics

1018 results, from 41
Externe referierte Aufsätze

The Structure, Drivers and Policy Implications of the European Carbon Footprint

Policy to reduce the European Union’s (EU) carbon footprint needs to be grounded in an understanding of the structure and drivers of both the domestic and internationally traded components. Here we analyse consumption-based emission accounts (for the main greenhouse gases (GHGs)) for the EU, focusing on understanding sectoral contributions and what changes have been observed over the last two decades, ...

In: Climate Policy 20 (2020), Suppl. 1, S. S39–S57 | Richard Wood, Karsten Neuhoff, Dan Moran, Moana Simas, Michael Grubb, Konstantin Stadler
Diskussionspapiere 1859 / 2020

Time-Consistent Carbon Pricing: The Role of Carbon Contracts for Differences

Carbon pricing decisions by governments are prone to time-inconsistency, which causes the private sector to underinvest in emission-reducing technologies. We show that incentives for decarbonization can be improved if complementing carbon pricing with carbon contracts for differences, where the government commits to pay a fixed carbon price level to the investors. We derive conditions under which the ...

2020| Olga Chiappinelli, Karsten Neuhoff
Diskussionspapiere 1856 / 2020

Technology Policy and Market Structure: Evidence from the Power Sector

We show how policies to trigger clean technologies change price competition and market structure. We present evidence from electricity markets, where regulators have implemented different policies to subsidize clean energy. Building on a multi-unit auction model, we show that currently applied subsidy designs either foster or attenuate competition. Fixed, price-independent output subsidies decrease ...

2020| Moritz Bohland, Sebastian Schwenen
Externe referierte Aufsätze

Between Stranded Assets and Green Transformation: Fossil-Fuel-Producing Developing Countries Towards 2055

Climate-related asset stranding refers to the depreciation of assets – such as resource reserves, infrastructure, or industries – resulting from the unanticipated changes, such as the tightening of climate policies. Although developing countries – especially fossil-fuel exporters – may be most concerned by this issue, its analysis in development (economics) has so far been limited.We aim at enhancing ...

In: World Development 130 (2020), 104947, 17 S. | Dawud Ansari, Franziska Holz

EU ETS up to 2030: Adjusting the Cap in Light of the IPCC1.5°C Special Report and the Paris Agreement: Ressortforschungsplan

Wir leiten ein mit dem Pariser Übereinkommen kompatibles EU-ETS-Budget auf Basis von Kosteneffizienzkriterien her mit dem Ziel, die globale Erwärmung mit einer Wahrscheinlichkeit von 50 bis 66% auf 1,5 Grad Celsius zu begrenzen und übersetzen es in einen Pfad der Cap-Reduktion. Unsere Berechnungen ergeben ein Budget von ca. 30 Gt CO2e für das EU ETS für 2016-2050. Unter aktuellen ETS-Parametern werden ...

Dessau-Roßlau: Umweltbundesamt, 2020, 33 S.
(Climate Change ; 2020, 07)
| Aleksandar Zaklan, Jakob Wachsmuth, Vicki Duscha
Diskussionspapiere 1850 / 2020

Coase and Cap-and-Trade: Evidence on the Independence Property from the European Electricity Sector

This paper provides an empirical test of the Coase Theorem. I analyze whether emissions are independent from allowance allocations in the electricity sector regulated under the EU's Emissions Trading System (EU ETS). Exogenous variation in levels of free allocation for power producing installations enables a difference-in-differences strategy. The analysis reveals that a change in al- location levels ...

2020| Aleksandar Zaklan
Externe referierte Aufsätze

Decentralization and Public Procurement Performace: New Evidence from Italy

We exploit a new dataset based on European Union (EU) procurement award notices to investigate the relationship between the degree of centralization of public procurement and its performance. We focus on the case of Italy, where all levels of government, along with a number of other public institutions, are involved in procurement and are subject to the same EU regulation. We find that (a) municipalities ...

In: Economic Inquiry 58 (2020), 2, S. 856-880 | Olga Chiappinelli
Externe referierte Aufsätze

Analyzing Climate and Energy Policy Integration: The Case of the Mexican Energy Transition

One of the main challenges faced by climate policy makers today is to design and implement policies capable of transferring climate policy goals into sectoral actions towards transformational pathways. Hence, climate policies need to be of cross-cutting character, lead to coherence with sectoral goals and reconcile diverging sectoral interests. Against this background, Mexico has undertaken significant ...

In: Climate Policy 20 (2020), 7, S. 832-845 | Heiner von Lüpke, Mareike Well
Externe referierte Aufsätze

Flexible Electricity Use for Heating in Markets with Renewable Energy

Using electricity for heating can contribute to decarbonization and provide flexibility to integrate variable re-newable energy. We analyze the case of electric storage heaters in German 2030 scenarios with an open-sourceelectricity sector model. We find that flexible electric heaters generally increase the use of generation tech-nologies with low variable costs, which are not necessarily renewables. ...

In: Applied Energy 266 (2020), 114571, 18 S. | Wolf-PeterSchill, AlexanderZerrahn
1018 results, from 41