EMELIE-ESY is a partial equilibrium model with focus on electricity markets. Private investors optimize their generation capacity investment and dispatch over the horizon 2010 to 2050. In the framework of the Energy Modeling Forum 28, we investigate how climate policy regimes affect market...

This paper investigates the sustainability of the German economy when reaching the Kyoto emissions reduction target. We use a special intergenerational discounting technique which actually takes into account intergenerational peculiarities in an overlapping generations modeling framework which...

In Anbetracht des Klimawandels stehen wir vor großen Herausforderungen, Mittel und Wege zu finden, die Emissionen von Treibhausgasen wie Kohlendioxid (CO2), Methan (CH4) und Lachgas (N2O) zu reduzieren beziehungsweise diese Gase aus der Atmosphäre zu entfernen. Es wird verstärkt diskutiert,...

We analyze the current regulatory regime for electricity transmission in Germany, which combines network planning with both cost-plus and revenue-cap regulations. After reviewing international experiences on transmission investment, we first make a qualitative assessment of the overall German...

We study the strategic utilization of storage in imperfect electricity markets. We apply a game-theoretic Cournot model to the German power market and analyze different counterfactual and realistic cases of pumped hydro storage. Our main finding is that both storage utilization and...

Economic globalization affects the environment and sustainable development in several ways and through various channels. The purpose of this paper is to review the key links between globalization and the environment. The paper intends to consider the major issues in multilateral economic...

Nowadays, a process can be observed in Germany where electricity producing and trading firms react to the electricity market liberalisation by merging market shares, since the year 2000, which reduces the number of suppliers and influences production and consumer prices. This paper discusses...

[Zusammenfassung] Anspruchsvolle Klimaschutzziele in Deutschland - Sowohl Deutschland als auch die Europäische Union haben sich anspruchsvolle Klimaschutzziele gestellt. So möchte Deutschland bis 2020 den Ausstoß von Treibhausgasen gegenüber 1990 um 40% reduzieren, die EU strebt dasselbe...