Estimated learning rates for onshore wind span a large range of about 40 percentage points. We propose a multi-factor experience curve model with a new economies of scale measure and estimate learning rates for onshore wind using country-level data from seven European countries. We find learning...

Do unions protect workers from releasing or handling toxic waste? This paper studies the impact of organized labor on toxic waste management at US facilities between 1991 and 2020. If unions, as collective voice, bargain for worker benefits such as workplace safety and member health, their...

Do unions protect workers from releasing or handling toxic waste? This paper studies the impact of organized labor on toxic waste management at US facilities between 1991 and 2020. If unions, as collective voice, bargain for worker benefits such as workplace safety and member health, their...

Using generating and demand resources across national borders brings synergies and improves supply adequacy in Europe as a whole. However, national capacity remuneration mechanisms (CRMs) may pose barriers for the participation of energy resources across borders. This ultimately challenges the...

Der deutsche Atomausstieg in 2022 und die gleichzeitig stetig steigende Stromerzeugung durch fluktuierende Wind- und Sonnenenergie heizen in Deutschland, wie in Europa, seit geraumer Zeit eine Diskussion um die Versorgungssicherheitauf dem Strommarkt an. Dabei ist völlig unklar, wie...

We examine welfare effects of real-time pricing in electricity markets. Before stochastic energy demand is known, competitive retailers contract with final consumers who exogenously do not have real-time meters. After demand is realized, two electricity generators compete in a uniform price...