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Climate regulation of the electricity sector is one of the most important growing — and rapidly changing — areas of law and policy today. This is both because of the critical role that electricity plays in modern society, acting as economic lifeblood, and because of electricity's part in...
Persistent link: https://www.econbiz.de/10012955867
The current article claims that the recent changes taking place in the EU gas market, and namely internal market drive and security of supply concerns, have a significant impact upon the process of natural gas odorization. The latter did not represent significant problems in previously...
Persistent link: https://www.econbiz.de/10013025706
We develop a new approach to the decomposition of income risk within a non- stationary model of intertemporal choice … of persistent and transitory components in the dynamic process for income. We fo- cus on what can be learned from … environment is used to show the robustness of the method for decomposing income risk. The approach is used to investigate the …
Persistent link: https://www.econbiz.de/10011756856
The International Energy Agency estimates that $24.5 trillion of energy efficiency (EE) investments will be needed through 2040. Debt- and self-financed projects are expected to contribute only a third of this capital due to multiple barriers. On the one hand, self-financed projects require...
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This paper provides a textbook example of integration between commodity markets, and the subsequent price convergence … or absence thereof. We analyze price relations between spot markets for natural gas in Europe. We apply time …-varying coefficient estimation applying the Kalman filter, to test whether price convergence between different locations is really taking …
Persistent link: https://www.econbiz.de/10010296793