In this paper, we explore subsistence levels and price elasticities for residential electricity demand in Sweden. Using a Stone-Geary functional form and unique Swedish data on residential electricity usage, we estimate demand Equations for peak and off-peak demand. We find that the subsistence...

Photovoltaic systems generate electricity around noon, when many homes are empty. Conversely, residential electricity demand peaks in the evening, when production from solar sources is impossible. Based on a randomized control trial, we assess the effectiveness of alternative demand response...

Solar and wind power are now cheaper than fossil fuels but are intermittent. The extra supply-side variability implies growing benefits of using real-time retail pricing (RTP). We evaluate the potential gains of RTP using a model that jointly solves investment, supply, storage, and demand to...

This paper presents an overview of the reasons why unregulated markets for the production of electricity cannot be expected to invest sufficiently in generation capacity on a continuous basis. Although it can be shown that periodic price spikes should provide generation companies with sufficient...

Deutschland hat im internationalen Vergleich bereits seit langem sehr hohe Strompreise. Da Strom teilweise aus Gas erzeugt wird, haben sich die Preise infolge des Ukrainekriegs weiter erhöht. Aber auch die gestiegenen CO2-Preise zur Reduzierung des CO2-Ausstoßes wirken weiter preistreibend....

Mit dem 2020 beschlossenen Gesetz zur Reduzierung und zur Beendigung der Kohleverstromung und zur Änderung weiterer Gesetze (Kohleausstiegsgesetz) (Bundesgesetzblatt 2020) ist die Diskussion über die Kosten der Energiewende neu aufgelebt. Die Belastung von Haushalten (Fahl et al. 2020) wird...

This article summarises the results of a study on the Germany energy crisis and the need for an extension and modificationsof the electricity price break. The study shows that the energy crisis led to a short-run output loss comparable to the output losses as-sociated with the COVID-19 crisis in...