In many countries, the transition process towards a low-carbon economy has been associated with increasing electricity prices. Microeconometric evaluations of the causal impact of electricity price changes on plant-level outcomes are rare, though. By exploiting local randomization induced by...

What happens to the merit order of electricity markets when all electricity is supplied by intermittent renewable energy sources coupled with large-scale electricity storage? With near-zero marginal cost of production, will there still be a role for an energy-only electricity market? We answer...

Charcoal is an important cooking fuel in urban Africa. In this paper, we estimate the current number of charcoal users and project trends for the coming decades. Charcoal production is often not effectively regulated, and it hence contributes to forest degradation. Moreover, charcoal has adverse...

Drawing on a panel of German survey data spanning 1997-2013, this paper identifi es the correlates of non-recreational bicycling, focusing specifi cally on the roles of bicycle paths and fuel prices. Our approach conceptualizes ridership as a two stage decision process comprising the discrete...

Using detailed data originating from several hundred households of the German Residential Energy Survey (GRECS), this paper empirically investigates the returns on investment in home-equipped photovoltaics (PV) installations. We find that these returns were particularly high in the years 2009 to...

Interest in biofuels is growing worldwide as concerns about the security of energy supply and climate change are moving into the focus of policy makers. With the exception of bioethanol from Brazil, however, production costs of biofuels are typically much higher than those of fossil fuels.As a...

This article demonstrates that the large feed-in tariffs currently guaranteed for solar electricity in Germany constitute a subsidization regime that, if extended to 2020, threatens to reach a level comparable to that of German hard coal production, a notoriously outstanding example of misguided...

The allure of an environmentally benign, abundant, and cost-effective energy source has led an increasing number of industrialized countries to back public financing of renewable energies. Germany's experience with renewable energy promotion is often cited as a model to be replicated elsewhere,...

Emission-free hydrogen (H2) is crucial to decarbonize energy supply and to tackle the climate crisis. To unlock the potential of H2, pipelines infrastructures and related investments are required to enable trade. However, it is uncertain what future H2 infrastructure will be needed. The paper...

The increasing use of food commodities for biofuel production has substantial impact on prices and quantities of these and other food commodities. It is therefore likely that this trend also intensifies the competition for arable land. However, evidence for this hypothesis is generated by...