Similar Search Results

The External Cost of European Crude Oil Imports

Bigano, Andrea - 2009

This paper is the first to assess operational and probabilistic externalities of oil extraction and transportation to Europe on the basis of a comprehensive evaluation of realistic future oil demand-supply scenarios, of the relative relevance of import routes, of the local specificities in terms...

Persistent link: https://www.econbiz.de/10013160215

Cartel overcharges and the deterrent effect of EU competition law

Smuda, Florian - 2012

This paper examines cartel overcharges for the European market. Using a sample of 191 overcharge estimates and several … parametric and semi-parametric estimation procedures, the impact of different cartel characteristics and the market environment ….37 percent of the selling price and the average cartel duration is 8.35 years. Certain cartel characteristics and the geographic …

Persistent link: https://www.econbiz.de/10009572459

Addressing Gaps in a Liability Regime for the Energy Sector

Ivanenko, Vlad - 2014

Two recent events in the energy sector – the Macondo well blowout in the U.S. coastal waters and a series of equipment failures at the Fukushima I Nuclear Power Plant in Japan – have shown that current definitions of who pays for accidental pollution damage and third parties' losses are...

Persistent link: https://www.econbiz.de/10013066934

Carbon Capture; Transport and Storage in Europe : A Problematic Energy Bridge to Nowhere?

Herold, Johannes - 2013

This paper is a follow up of the SECURE-project, financed by the European Commission to study “Security of Energy Considering its Uncertainties, Risks and Economic Implications”. It addresses the perspectives of, and the obstacles to a CCTS-roll out, as stipulated in some of the scenarios....

Persistent link: https://www.econbiz.de/10013093994

Electricity market integration and the impact of unilateral policy reforms

Grossi, Luigi; Heim, Sven; Hüschelrath, Kai; Waterson, … - 2015

The harmonization and integration of separate national energy markets to an interconnected internal European market is a top priority of the European Commission. However, as energy policy largely remains subject to national sovereignty, a higher degree of integration can cause unilateral...

Persistent link: https://www.econbiz.de/10011374098

A vision of the European energy future? : the impact of the German response to the Fukushima earthquake

Grossi, Luigi; Heim, Sven; Waterson, Michael - 2014

The German response to the Fukushima nuclear power plant incident was possibly the most significant change of policy towards nuclear power outside Japan, leading to a sudden and very significant shift in the underlying power generation structure in Germany. This provides a very useful natural...

Persistent link: https://www.econbiz.de/10010388537

Can Uncertainty Justify Overlapping Policy Instruments to Mitigate Emissions?

Lecuyer, Oskar - 2013

This article constitutes a new contribution to the analysis of overlapping instruments to cover the same emission sources. Using both an analytical and a numerical model, we show that when the risk that the CO2 price drops to zero and the political unavailability of a CO2 tax (at least in the...

Persistent link: https://www.econbiz.de/10013089296

Eyes on the Price : Which Power Generation Technologies Set the Market Price? Price Setting in European Electricity Markets: An Application to the Proposed Dutch Carbon Price Floor

Blume-Werry, Eike - 2019

Upon discussion of price setting on electricity wholesale markets, many refer to the so-called merit order model. Conventional wisdom holds that during most hours of the year, coal- or natural gas-fired power plants set the price on European markets. In this context, this paper analyses price...

Persistent link: https://www.econbiz.de/10012895269

Energy Efficiency Policy with Price-Quality Discrimination

Nauleau, Marie-Laure - 2015

We compare a range of energy efficiency policies in a durable good market subject to both energy-use externalities and price-quality discrimination by a monopolist. We find that the social optimum can be achieved with differentiated subsidies. With ad valorem subsidies, the subsidization of the...

Persistent link: https://www.econbiz.de/10013023954

Combining Climate and Energy Policies : Synergies or Antagonism? Modeling Interactions with Energy Efficiency Instruments

Lecuyer, Oskar - 2015

In addition to the already present Climate and Energy package, the European Union (EU) plans to include a binding target to reduce energy consumption. We analyze the rationales the EU invokes to justify such an overlapping and develop a minimal common framework to study interactions arising from...

Persistent link: https://www.econbiz.de/10013037288