In Germany, substantial drops in wholesale power prices have become a regular phenomenon. While such price drops have far-reaching implications for the functioning of the power market, their underlying determinants remain poorly understood. To fill this gap, we propose a Markov regime-switching...

Selbst wenn die ehrgeizigen Ausbauziele für die erneuerbaren Energien erreicht werden,zeigt die vorliegende Simulation, dass Deutschland 2045 rund 100 GW an Wasserstoff (H2)-Kraftwerken benötigen wird. Trotz des enormen Bedarfs, der von der Politik noch nichtgesehen wird, verläuft der Ausbau...

China’s global quest for resources, in particular oil and natural gas, has received unprecedented worldwide attention and scrutiny. This is partly because of China’s own high-profile, active energy diplomacy, its national oil companies’ acquisitions in the key exporting regions of oil and...