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This paper analyzes how policy changes affect shareholder wealth in the context of environmental regulation. We exploit the unique and unexpected German reaction to the Fukushima Daiichi nuclear disaster, which involved the immediate shutdown of almost half of Germany's nuclear reactors while...
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simulation model in a partial expectation equilibrium, which was developed to identify incentives of the interacting complexity …
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limited spatiotemporal resolution of power or are based only on simulation models. Therefore, real measurement data regarding … shares and the resulting power flows are calculated as the solution of a cost optimization problem without energy storage. As …
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electricity consumption at both individual household and national level? First, we developed an hourly optimization model for …, radiation, (dynamic) electricity price, and feed-in tariff. By comparing the optimization to the reference scenario, we show the …
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