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welfare of other members of the community. If an investment project is undertaken that causes the poorer members of society to … develops a theoretical framework for the evaluation of the basic needs externality created by the investment. It then applies …
Persistent link: https://www.econbiz.de/10014118446
negative externalities and save money. This overview paper presents a simple model of investment in energy-using capital stock … profitable unexploited investment opportunities is much smaller than engineering-accounting studies suggest. Finally, there is …
Persistent link: https://www.econbiz.de/10009488818
infrastructures like electricity and information and communication technology (the vulnerability paradox), sometimes people conclude …
Persistent link: https://www.econbiz.de/10013017692
on the effects of the rapidly rising electricity tariffs. The issue of tariff increases has now become even more critical …-based electricity. There have been some South African studies that have attempted to estimate the price elasticity of electricity demand … individual firms and their decisions to invest in their own generation, and the longer-run impacts on electricity demand. This …
Persistent link: https://www.econbiz.de/10011806764
The German decision to finally phase-out nuclear electricity has led to a debate on its effects on electricity prices …, emission prices in the European emission trading system, as well as on international electricity trade. We investigate these … effects with a Electricity market model for Europe with investments in power plants under oligopolistic conditions in Germany …
Persistent link: https://www.econbiz.de/10009579310
production capacity. In a zonal pricing electricity market, the one proposed by the European Commission to integrate the European … electricity markets, I analyze the effects that investments in transmission and production capacity have on consumer welfare and … suppliers' profits. In the specific setting of this paper, I show that when the competition is perfect, an investment in …
Persistent link: https://www.econbiz.de/10011633664
The German decision to finally phase-out nuclear electricity has led to a debate on its effects on electricity prices …, emission prices in the European emission trading system, as well as on international electricity trade. We investigate these … effects with a Electricity market model for Europe with investments in power plants under oligopolistic conditions in Germany …
Persistent link: https://www.econbiz.de/10014167724
The reduced attractiveness of investments in reliable power plants under conditions of liberalized markets and the transition towards renewable energies has brought a discussion on capacity policies to Europe. We use a partial equilibrium model to compare important effects of three basic...
Persistent link: https://www.econbiz.de/10010358815
The electricity sector plays a key role in achieving zero-emission targets. The required transition will lead to … substantial changes in the supply, demand, and distribution of electricity but also in stakeholder roles. Future market designs … paper reviews the characteristics of future carbon-neutral electricity systems and electricity market design options. To …
Persistent link: https://www.econbiz.de/10014578402
This paper explores how a principal with time-inconsistent preferences invests optimally in technology or capital. If the current principal prefers her future self to save more, she can increase current investments complementary to future savings and decrease investments in the strategic...
Persistent link: https://www.econbiz.de/10010223357