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Redistribution Effects of Energy and Climate Policy: The Electricity Market
Hirth, Lion; Ueckerdt, Falko - Fondazione ENI Enrico Mattei (FEEM) - 2012
policies redistribute wealth between consumers and producers, and within these groups. While redistribution is seldom the focus … the redistribution effects of two major electricity policies: support schemes for renewable energy sources, and CO2 … pricing. We find that the redistribution effects of both policies are large, and they work in opposed directions: while …
Persistent link: https://www.econbiz.de/10010603764
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Control Power and Variable Renewables A Glimpse at German Data
Hirth, Lion; Ziegenhagen, Inka - Fondazione ENI Enrico Mattei (FEEM) - 2013
Control power (regulating power, balancing power) is used to quickly restore the supply-demand balance in power systems. Variable renewable energy sources (VRE) such as wind and solar power are often thought to increase the reserve requirement significantly. This paper provides a comprehensive...
Persistent link: https://www.econbiz.de/10010665506
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A Comparison Between Shale Gas in China and Unconventional Fuel Development in the United States: Health, Water and Environmental Risks
Farah, Paolo D.; Tremolada, Riccardo - Fondazione ENI Enrico Mattei (FEEM) - 2013
China is appraised to have the world's largest exploitable reserves of shale gas, although several legal, regulatory, environmental and investment-related issues will likely restrain its scope. China's capacity to successfully face these hurdles and produce commercial shale gas will have a...
Persistent link: https://www.econbiz.de/10010732280
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The Optimal Share of Variable Renewables. How the Variability of Wind and Solar Power Affects their Welfare-optimal Deployment
Hirth, Lion - Fondazione ENI Enrico Mattei (FEEM) - 2013
This paper estimates the welfare-optimal market share of wind and solar power, explicitly taking into account their output variability. We present a theoretical valuation framework that consistently accounts for output variability over time, forecast errors, and the location of generators in the...
Persistent link: https://www.econbiz.de/10010833938
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Carbon Price and Wind Power Support in Denmark
Gavard, Claire - Fondazione ENI Enrico Mattei (FEEM) - 2015
This paper aims at characterizing the conditions of wind power deployment in order to infer a carbon price level that would provide wind power with comparable advantage over fossil fuel technologies as effective wind support policies. The analysis is conducted on Danish data from 2000 to 2010,...
Persistent link: https://www.econbiz.de/10011162056
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How well does Learning-by-doing Explain Cost Reductions in a Carbon-free Energy Technology?
Nemet, Gregory F. - Fondazione ENI Enrico Mattei (FEEM) - 2006
The incorporation of experience curves has enhanced the treatment of technological change in models used to evaluate the cost of climate and energy policies. However, the set of activities that experience curves are assumed to capture is much broader than the set that can be characterized by...
Persistent link: https://www.econbiz.de/10005230905
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Building SSPs for Climate Policy Analysis: A Scenario Elicitation Methodology to Map the Space of Possible Future Challenges to Mitigation and Adaptation
Rozenberg, Julie; Guivarch, Céline; Lempert, Robert; … - Fondazione ENI Enrico Mattei (FEEM) - 2012
The scientific community is now developing a new set of scenarios, referred to as Shared Socio-economic Pathways (SSPs) to replace the SRES scenarios. To be used to investigate adaptation and mitigation, SSPs need to be contrasted along two axes: challenges to mitigation, and challenges to...
Persistent link: https://www.econbiz.de/10010561651
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Who Should Bear the Cost of China’s Carbon Emissions Embodied in Goods for Exports?
Zhang, ZhongXiang - Fondazione ENI Enrico Mattei (FEEM) - 2011
China’s capital-intensive, export-oriented, spectacular economic growth since launching its open-door policy and economic reforms in late 1978 not only has created jobs and has lifted millions of the Chinese people out of poverty, but also has given rise to unprecedented environmental...
Persistent link: https://www.econbiz.de/10009320987
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The European Emission Trading Scheme and Renewable Energy Policies: Credible Targets for Incredible Results?
Borghesi, Simone - Fondazione ENI Enrico Mattei (FEEM) - 2010
This paper discusses the merits and limits of the recent European energy policy aimed at reducing carbon emissions, devoting particular attention to the European Trading System of carbon permits and to the measures that the European Union has adopted to promote renewable energy sources. From the...
Persistent link: https://www.econbiz.de/10008828388
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Should We Ban Unconventional Oil Extraction to Reduce Global Warming?
Carrara, Samuel; Massetti, Emanuele - Fondazione ENI Enrico Mattei (FEEM) - 2014
The extraction and processing of unconventional oil is more energy intensive and has larger negative environmental impacts than the extraction of conventional oil. The European Union (EU) estimates that oil sands lead to 22% more emissions than conventional oil. The EU is very concerned by the...
Persistent link: https://www.econbiz.de/10011162053