Showing 1 - 10 of 96
wholesale energy and capacity markets. While the subsidies, even when combined with energy consumption taxes, cannot achieve …
Persistent link: https://www.econbiz.de/10012310514
Council - was reached after a long-lasting discourse over the 2030 EU climate and energy policy package. This paper offers a … final energy consumption, and improved energy efficiency. We find that the renewable and energy-efficiency targets have been …
Persistent link: https://www.econbiz.de/10011933893
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/10008696672
followed the Grenelle de l'environnement encompass policy measures in energy generation, manufacturing, transport, waste … ; global warming ; carbon price ; abatement cost ; renewables ; nuclear power ; negative externalities ; environmental policies …
Persistent link: https://www.econbiz.de/10009571013
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/10010533092
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/10011281296
This paper evaluates whether macroeconomic uncertainty changes the impact of oil shocks on the oil price. Using a structural threshold VAR model, we endogenously identify different regimes of uncertainty in which we estimate the effects of oil demand and supply shocks. The results show that...
Persistent link: https://www.econbiz.de/10009621702
Using recent advances in panel data estimation techniques, we find that an appreciation of the US dollar exchange rate leads to a significant decline in oil demand for a sample of 65 oil-importing countries. The estimated effect turns out to be much larger than the impact of a shift in the...
Persistent link: https://www.econbiz.de/10009707558
energy dense fuels. -- energy ; renewables ; agglomeration … renewables, implying that the most salient feature of the last 200 years of energy history is the dramatic rise in the use of …We develop a spatial model of energy exploitation where energy sources are differentiated by their geographic location …
Persistent link: https://www.econbiz.de/10009724034
Natural gas is likely to become increasingly important in the future. Understanding the stochastic underpinnings of natural gas prices will be critical, both to policy analysts and to market participants. To this end, we investigate the potential presence of jumps in natural gas spot prices in...
Persistent link: https://www.econbiz.de/10010235818