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Top-down computable general equilibrium models of energy–economy interactions have a limited representation of the electricity sector, typically using constant elasticities of substitution between generation types. Detailed bottom-up electricity models generally have embedded load duration...
Persistent link: https://www.econbiz.de/10010939440
The core of the 36th round of the Energy Modeling Forum project shows that it is more likely that major fossil-fuel exporters, such as the Middle East, are highly affected because of the decrease in fossil-fuel extractions required for the worldwide fulfillment of the Paris agreement. We employ...
Persistent link: https://www.econbiz.de/10013454148
We estimate the potential synergy between pollution and climate control in the U.S. and China, summarizing the results as emissions cross-elasticities of control. In both countries, ancillary carbon reductions resulting from SO2 and NOx control tend to rise with the increased stringency of...
Persistent link: https://www.econbiz.de/10011115885
The Netherlands have been a pivotal supplier in Western European natural gas markets in the last decades. Recent … related to the natural gas production in the major Groningen field. By consequence, natural gas production rates – that are … implement this reduced production path for the next decades in the Global Gas Model and analyse the geopolitical impacts. We …
Persistent link: https://www.econbiz.de/10012053690
We describe and evaluate a new method of aggregating heterogeneous households that allows for the representation of changing demographic composition in a multi-sector economic growth model. The method is based on a utility and labor supply calibration that takes into account time variations in...
Persistent link: https://www.econbiz.de/10010593878
Subglobal climate policies will be the norm for some years to come. However, several options exist for improving the efficiency of domestic emissions regulation. A prominent but contentious policy option for improving the external efficiency is the implementation of carbon tariffs on...
Persistent link: https://www.econbiz.de/10010593881
What are the drivers of future global carbon dioxide (CO2) emissions growth and how would the availability of key energy supply technologies change their relative importance? In this paper, we apply a novel index number decomposition technique to the results of a multi-region, multi-sector...
Persistent link: https://www.econbiz.de/10010602900
In view of pressing unemployment problems, policy makers across all parties jump on the prospects of renewable energy promotion as a job creation engine which can boost economic well-being. Our analytical model shows that initial labor market rigidities in theory provide some scope for such a...
Persistent link: https://www.econbiz.de/10011039529
A shift from zonal to nodal pricing improves the efficiency of system operation. However, resulting price changes also shift surplus across generation and loads at different locations. As individual actors can lose, they might oppose any reform. We explore how allocation of financial...
Persistent link: https://www.econbiz.de/10012029103
of gas and coal plants, which is consistent with merit-order considerations. Additional cross-country analyses support …
Persistent link: https://www.econbiz.de/10013462361