This paper applies the literature on asymmetric price transmission to the emerging commodity market for EU emissions allowances (EUA). We utilize an error correction model and an autoregressive distributed lag model to measure the relationship between CO2 price changes and the development of...

We apply the EMF 23 study design to simulate the effects of the reference case and the scenarios to European natural gas supplies to 2025. We use GASMOD, a strategic severallayer model of European gas supply, consisting of upstream natural gas producers, traders in each consuming European...

The European Green Deal (EGD), a package of measures "to put Europe on a pathway to a sustainable future, while leaving no one behind", can combine climate neutrality with a sustainable economic recovery of Europe coming out of the Corona pandemic crisis. However, this requires a tightening of...

We examine the degree of natural gas market integration in Europe, North America and Japan, between the mid 1990's and 2002. The relationship between the international gas marker prices, and their relation to the oil price, are investigated through principal component analysis and Johansen...

Die EU-Osterweiterung am 1. Mai 2004 hat den europäischen Binnenmarkt wieder ein Stück vergrößert. Besonders im Elektrizitätsmarkt gab es Stimmen, die das Damokles-Schwert des billigen Atomstroms aus Osteuropa über der früheren EU-15 schweben sahen. Dies hat sich als unbegründet...

Integrating large quantities of supply-driven renewable electricity generation remains a political and operational challenge. One of the main obstacles in Europe to installing at least 200 GWs of power from variable renewable sources is how to deal with the insufficient network capacity and the...