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System security in electricity markets relies crucially on the interaction between demand and supply over time. However …, research on electricity markets has been mainly focusing on the supply side arguing that demand is rather inelastic. Assuming … perfectly inelastic demand might lead to delusive statements regarding the price formation in electricity markets. In this …
Persistent link: https://www.econbiz.de/10011517142
Demand response is crucial for balancing supply and demand in the presence of intermittent electricity generation … higher than ever before, which offers the opportunity to investigate the demand response in high-price situations. This paper …, thus, discusses the applicability of the two common functional forms of demand response under these circumstances, namely …
Persistent link: https://www.econbiz.de/10014327648
The demand for motor fuel should decline when its price rises, but how exactly does that happen? Do people drive less …
Persistent link: https://www.econbiz.de/10012433458
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Selbst wenn die ehrgeizigen Ausbauziele für die erneuerbaren Energien erreicht werden,zeigt die vorliegende Simulation, dass Deutschland 2045 rund 100 GW an Wasserstoff (H2)-Kraftwerken benötigen wird. Trotz des enormen Bedarfs, der von der Politik noch nichtgesehen wird, verläuft der Ausbau...
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Bei der Energiewende geht es aus ökonomischer Sicht darum, ihre klima- und umweltpolitisch Ziele so zu erreichen, dass auch die beiden anderen Eckpunkte des energiepolitischen Zieldreiecks, die Wirtschaftlichkeit und die Versorgungssicherheit, angemessene Berücksichtigung finden. Der...
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As Russia's invasion of Ukraine continues, more and more people are calling for a ban on Russian energy imports. The proponents argue that abstaining from importing billions worth of coal, oil and gas will further increase the pressure on the Kremlin. Critics, however, including German...
Persistent link: https://www.econbiz.de/10013343081