Natural gas prices in Germany saw a strong increase at the end of 2021, subsequently worsening with the start of the war in Ukraine in February 2022, raising concerns about the distributional consequences. Our study shows that low-income households are affected the most by the natural gas price...

Natural gas prices in Germany saw a strong increase at the end of 2021, subsequently worsening with the start of the war in Ukraine in February 2022, raising concerns about the distributional consequences. Our study shows that low-income households are affected the most by the natural gas price...

To assess how capital stocks adapt to energy price changes, it is necessary to account for the impacts on different vintages of capital and to account separately for price-induced and autonomous improvements in the energy efficiency of capital stock. The results of econometric analysis for five...

The pace of thermal retrofit of buildings in Germany remains slow. A Worst-First approach, prioritizing the retrofit of inefficient buildings, would address energy- and social policy objectives and deliver economic and climate benefits. Data from the German Socio-Economic Panel (SOEP) show how...

The cost of renewable energy technology has plunged in recent years. But the extent to which electricity consumers can benefit from the reduced costs depends on the design of renewable remuneration mechanisms. Calculations of a financing model show that the current sliding premium is leading to...

Die Technologiekosten erneuerbarer Energien sind in den letzten Jahren stark gefallen. Es hängt jedoch vom Vergütungsrahmen ab, in welchem Umfang StromverbraucherInnen von diesen Kostensenkungen profitieren können. Berechnungen mit einem Finanzierungsmodell zeigen, dass die derzeit geltende...

Cost of renewable energies have dropped, approaching wholesale power price levels. As a result, the role of renewable energy policy design is shifting - from covering incremental costs towards facilitating risk-hedging. An analytical model of the financing structure of renewable investment...

This paper explores which climate-friendly projects could be part of the COVID-19 recovery while jump-starting the transition of the European basic materials industry. Findings from a literature review on technology options in advanced development stages for climate-friendly production and...

Up until now, wind turbines have been designed to generate electricity at the lowest possible total cost, independent of this electricity's market value. With an increasing penetration of wind power in the system, the market value of electricity generated by wind turbines is declining, since...

Bisher wurden Windkraftanlagen so ausgelegt, dass sie Strom zu möglichst geringen Gesamtkosten erzeugen, unabhängig vom Marktwert dieses Stroms. Mit steigenden Anteilen der Windenergie im Stromsystem fällt der Marktwert von Strom aus Windkraftanlagen, da sie tendenziell zur gleichen Zeit...