The Probabilistic Risk Analysis (PRA) uses the popular product formula as a frame of reference for measuring technological risks. If based upon this calculus, the ambivalent assessment of technological risks prevailing in society seems to be non-rational and may not be explained by economic...

The European system of tradable CO_2 allowances is an important step towards implementing a market oriented environment policy. For the time being, the quantitative emission reductions defined in the National Allocation Plans (NAP) are still minor, but this outcome seems acceptable because...

This paper assesses and compares existing and new technologies for space heating in Germany (e.g., heat pumps, and solar thermal and wood pellet systems) in terms of their environmental impacts. The various technologies were analyzed within the context of the new German legislation. The...

The objective of this paper is to contribute to the topic of energy supply security by proposing a Monte Carlo-based and a survey based model to analyze the costs of power interruptions. Outage cost estimations are particularly important when deciding on investments to improve supply security...