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demand side of this market. In particular, we consider the effects on Russian energy consumers of removing natural gas … purpose, we use a detailed numerical model for the energy markets in Europe and Russia – LIBEMOD. Our results suggest that … exports. Removal of other market imperfections in the Russian energy markets has smaller impacts on prices and quantities than …
Persistent link: https://www.econbiz.de/10012971536
We explore the impact of an EU-wide nuclear phase-out by 2030 provided the EU energy and climate policy for 2030 is … implemented. Using a numerical simulation model of the European energy industry (LIBEMOD), we find that a complete nuclear phase … on total consumption of energy. Lower nuclear production is to a large extent replaced by more gas power and bio power …
Persistent link: https://www.econbiz.de/10013020510
When natural gas prices are subject to periodic decoupling from oil prices, for instance due to peak-load pricing, conventional linear models of price dynamics such as the Vector Error Correction Model (VECM) can lead to erroneous inferences about cointegration relationships, price adjustments...
Persistent link: https://www.econbiz.de/10013026625
rates faced by agents. We argue that taxation might be endogenous to energy consumption in the long run. In order to …We estimate the long-run effect of a uniform carbon tax on energy consumption by using a new and unique dataset in … account for the widely discussed tax deductions for specific energy tax bases leading to a careful calculation of net tax …
Persistent link: https://www.econbiz.de/10012984745
followed the Grenelle de l’environnement encompass policy measures in energy generation, manufacturing, transport, waste …
Persistent link: https://www.econbiz.de/10013315889
A sufficiently rapidly rising carbon tax may increase near-term emissions compared with the case of no carbon tax. Even so, such a carbon tax path may reduce total costs related to climate change, since the tax may reduce total carbon extraction. A government cannot commit to a specific carbon...
Persistent link: https://www.econbiz.de/10013316163
A sufficiently rapidly rising carbon tax may increase near-term emissions compared with the case of no carbon tax. Even so, such a carbon tax path may reduce total costs related to climate change, since the tax may reduce total carbon extraction. A government cannot commit to a specific carbon...
Persistent link: https://www.econbiz.de/10008671724
When natural gas prices are subject to periodic decoupling from oil prices, for instance due to peak-load pricing, conventional linear models of price dynamics such as the Vector Error Correction Model (VECM) can lead to erroneous inferences about cointegration relationships, price adjustments...
Persistent link: https://www.econbiz.de/10011194232
followed the Grenelle de l’environnement encompass policy measures in energy generation, manufacturing, transport, waste …
Persistent link: https://www.econbiz.de/10010559788
We develop a spatial model of energy exploitation where energy sources are differentiated by their geographic location … and energy density. The spatial setting creates a scaling law that magnifies the importance of differences across energy … plays must first boom and then bust. For both renewable and non-renewable energy sources we link the size of exploitation …
Persistent link: https://www.econbiz.de/10010634077