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Nowadays, a process can be observed in Germany where electricity producing and trading firms react to the electricity market liberalisation by merging market shares, since the year 2000, which reduces the number of suppliers and influences production and consumer prices. This paper discusses...
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Although the economic effects of CO2 abatement depend substantially on the degree to which capital and labor can substitute for energy, the issue of energy-capital-labor substitution is surrounded by considerable uncertainty. In this paper we use econometrically estimated, sectorally...
Persistent link: https://www.econbiz.de/10011608444
Within this paper an oligopolistic German electricity market is modelled by a game theoretic modelling tool representing a Nash equilibrium. Due to European electricity market liberalisation electricity producing and trading firms react strategically like global market players by joining and...
Persistent link: https://www.econbiz.de/10011608558
Within this paper, we analyse the fulfilment of the Kyoto-emissions reduction com-mitment exemplary in Germany and its implication on long-term paths of all macro-variables. Germany, like all other industrial or Annex B coun-tries, has to reduce its emissions by 2010 and after what we call a...
Persistent link: https://www.econbiz.de/10011608661
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Deutschland soll bis zum Jahr 2045 klimaneutral werden. Um dieses ambitionierte Ziel erreichen zu können, ist eine allumfassende Transformation der Wirtschaft notwendig. Neben der Energiewende hin zu einer bestenfalls vollständigen Versorgung mit erneuerbaren Energien ist die Förderung von...
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Russia's war against Ukraine and China's reactions have decisively changed the general conditions for industry in Germany. Industry is facing major changes in the context of modernization, decarbonization and localization. The energy transition offers an enormous economic opportunity for German...
Persistent link: https://www.econbiz.de/10014001243
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