Ruhnau, Oliver; Hirth, Lion; Praktiknjo, Aaron - 2020
the economic characteristics of electric heat pumps and wind energy and studies their interaction on wholesale electricity … powering heat pumps. We find that, just as expanding wind energy depresses its €/MWhel value, adopting heat pumps increases … technology, and thermal storage. Furthermore, heat pumps raise the wind market value, but this effect vanishes if accounting for …