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In 2021, the G7 and South Africa agreed upon the Just Energy Transition Partnership (JETP). This new instrument in interna- tional cooperation should support emerging and developing economies in a just energy transition and in phasing out coal. It is intended to facilitate equal partnerships...
Persistent link: https://www.econbiz.de/10013549942
The energy transition is a major challenge for both Germany and France. This Weekly Report provides an overview of the short- and long-term goals as well as current developments and trends in France’s energy and climate policy. It reveals that France is largely on track with its greenhouse...
Persistent link: https://www.econbiz.de/10014477328
The so-called traffic light coalition is facing a challenge: it has set ambitious energy policy targets, but can only achieve them if the pace of the energy transition is increased significantly. To contribute to the current energy policy debate, the Ampel-Monitor Energiewende (Monitor of the...
Persistent link: https://www.econbiz.de/10013343240
Amidst other national and global climate protection initiatives, the new EU Commission under the leadership of Ursula von der Leyen is facing the challenge of concretely following through on previous announcements regarding an ambitious climate policy. Specifically, action must be taken to raise...
Persistent link: https://www.econbiz.de/10012110856
Due to ambitious climate change targets and other energy and industrial policy goals such as the nuclear phase-out, the energy transition in Germany is heading toward a completely renewable energy system. This Weekly Report is the first to describe scenarios for 100 percent renewable energy...
Persistent link: https://www.econbiz.de/10012600945
German companies view high and uncertain electricity prices a major challenge. A Renewable Energy Pool (RE-Pool), wherein the favorable conditions of competitive tenders for new wind and solar power projects are passed on to electricity consumers, could hedge such price risks. Consumers'...
Persistent link: https://www.econbiz.de/10014529321
The European Green Deal, initiated by the EU Commission, is a package of measures aimed at decarbonization and sustainable economic development with the goal of making the European Union climate neutral by 2050. To achieve this goal, the emission reductions target must be increased from 40...
Persistent link: https://www.econbiz.de/10012251310
To achieve climate targets, efforts need to be made in Europe to improve energy efficiency and to expand renewable energies. Conditions for investing in renewable energies in Europe must be improved, subsidies for fossil and nuclear energy reduced. A 100 percent renewable energy system is...
Persistent link: https://www.econbiz.de/10012007628
Persistent link: https://www.econbiz.de/10011807116
The cost of renewable energy technology has plunged in recent years. But the extent to which electricity consumers can benefit from the reduced costs depends on the design of renewable remuneration mechanisms. Calculations of a financing model show that the current sliding premium is leading to...
Persistent link: https://www.econbiz.de/10011874434