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Diskussionspapiere 1418 / 2014
A shift from zonal pricing to smaller zones and nodal pricing improves efficiency and security of system operation. Resulting price changes do however also shift profits and surplus between and across generation and load. As individual actorscan lose, they might oppose any reform. We explore how free allocation of financial transmission rights to generation and load can be used to mitigate the distributional ...
2014| Friedrich Kunz, Karsten Neuhoff, Juan Rosellón
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Diskussionspapiere 1410 / 2014
The energy efficiency of the residential housing stock plays a key role in strategies to mitigate climate change and global warming. In this context, it is frequently argued that private investment and the quality of thermal upgrades is too low in the light of the challenges faced and the potential energy cost savings. While many authors address the potential barriers for investors to increase energy ...
2014| Claus Michelsen, Sebastian Rosenschon, Christian Schulz
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Diskussionspapiere 1398 / 2014
Concerns about global warming and growing scarcity of fossile fuels require substantial changes in energy consumption patterns and energy systems, as targeted by many countries around the world. One key element to achieve such transformation is to increase energy efficiency of the housing stock. In this context, it is frequently argued that private investments are too low in the light of the potential ...
2014| Konstantin A. Kholodilin, Claus Michelsen
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Weitere referierte Aufsätze
We analyze distinctive investment scenarios for the integration of fluctuating renewables in the German power system. Using a combined model for dispatch, transmission, and investment, three different investment options are considered, including gas-fired power plants, pumped hydro storage, and transmission lines. We find that geographically optimized power plant investments dominate in the reference ...
In:
Economics of Energy and Environmental Policy
3 (2014), 2,S. 29-43
| Jonas Egerer, Wolf-Peter Schill
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DIW Wochenbericht 29 / 2014
2014| Pio Baake, Tomaso Duso
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Weitere externe Aufsätze
We analyze optimal infrastructure investments for the integration of variable renewables in the German electricity system. Using a combined dispatch, transmission, and investment model, we compare four scenarios with different investment options, including gas-fired power plants, pumped hydro storage and transmission lines. In a reference scenario of the year 2024, geographically optimized investments ...
In:
11th International Conference on the European Energy Market (EEM)
Krakow : IEEE
7 S.
| Jonas Egerer, Wolf-Peter Schill
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Diskussionspapiere 1380 / 2014
Lack of transmission capacity hampers the integration of the European electricity market, and thereby precludes reaping the full benefits of competition. We investigate the extent to which transmission grid expansion promotes competition, efficiency and welfare. This work proposes a three-stage model for grid investment: a benevolent planner decides on network upgrades, considering welfare benefits ...
2014| Alexander Zerrahn, Daniel Huppmann
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Diskussionspapiere 1379 / 2014
The transformation of the European energy system requires substantial investment in transmission capacity to facilitate cross-border trade and to efficiently integrate renewable energy sources. However, network planning in the EU is still mainly a national prerogative. In contrast to other studies aiming to identify the pan-European (continental) welfare-optimal transmission expansion, we investigate ...
2014| Daniel Huppmann, Jonas Egerer
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Referierte Aufsätze Web of Science
We examine the effects of an airport expansion on the prices of houses and apartments located under the planned flight paths. We focus on the role of expectations of aircraft noise during the expansion of Berlin-Brandenburg International Airport. The publication of the flight paths can be seen as an exogenous event. It provides local residents and potential home buyers with reliable information in ...
In:
The Annals of Regional Science
52 (2014), 3, 763-797
| Konstantin A. Kholodilin, Andreas Mense
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Diskussionspapiere 1372 / 2014
In this paper we investigate natural gas producer's reactions to changes in market prices. We estimate price elasticities of aggregated supply in the most competitive market for natural gas: the United States. Using monthly time series data form 1987 to 2012 our analysis is based on an Autoregressive Distributed Lag (ARDL) Bound Cointegration approach to obtain short and long-run elasticities of natural ...
2014| Micaela Ponce, Anne Neumann