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Öffentlichkeit und Politik müssen häufig den Eindruck gewinnen, dass Wirtschaftswissenschaftler bei zentralen wirtschaftspolitischen Fragen keine Einigkeit erzielen können. Dies gilt nicht zuletzt für die Umsetzung der Energiewende. Dieser Beitrag nutzt die öff entlich zugänglichen...
Persistent link: https://www.econbiz.de/10011315461
This article constitutes a new contribution to the analysis of overlapping instruments to cover the same emission sources. Using both an analytical and a numerical model, we show that when the risk that the CO2 price drops to zero and the political unavailability of a CO2 tax (at least in the...
Persistent link: https://www.econbiz.de/10010294269
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,...
Persistent link: https://www.econbiz.de/10010265788
subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large … the total electricity market expenditures. The subsidies generate net gains to consumers. We develop an approach to …
Persistent link: https://www.econbiz.de/10011584949
We formulate a model with black, green and white certificates markets that function in conjunction with an electricity ….g. share of green electricity and share of energy saving/ efficiency increase.) The equilibrium solution adapts to changing …, or unchanged consumption of "black", "green" or "white" electricity. These, markets give thus a poor guidance for future …
Persistent link: https://www.econbiz.de/10012101040
interwoven in the electricity market as the producers of green electricity are also the suppliers of TGCs. In this paper, we … formulate an analytic equilibrium model for simultaneously functioning electricity and TGC markets, and focus on the role of … market power. We consider a Stackelberg leadership model with endogenous treatment of the interaction between the electricity …
Persistent link: https://www.econbiz.de/10011522422
We formulate a model with black, green and white certificates markets that function in conjunction with an electricity ….g. share of green electricity and share of energy saving/ efficiency increase.) The equilibrium solution adapts to changing …, or unchanged consumption of ”black”, ”green” or ”white” electricity. These, markets give thus a poor guidance for future …
Persistent link: https://www.econbiz.de/10011522454
It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in biofuel policies operates in part through market expectations and shifts in storage demand, yet to date it has proved difficult to measure these expectations and to empirically...
Persistent link: https://www.econbiz.de/10012014443
Guaranteeing tax reductions and exemptions, the European governments intend to increase the share of biofuels in total EU fuel consumption to 5.75% by 2010. The financial support of this EU objective is frequently justified by expected positive environmental impacts, most notably the mitigation...
Persistent link: https://www.econbiz.de/10010261039
Unter heutigen Rahmenbedingungen muss davon ausgegangen werden, dass der globale Primärenergieverbrauch sich bis 2050 mehr als verdoppeln wird und die energiebedingten CO2-Emissionen sogar um 137% steigen. Die Abhängigkeit der OECD-Staaten von Energieimporten würde weiter wachsen und der...
Persistent link: https://www.econbiz.de/10010377783