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Persistent link: https://www.econbiz.de/10011704678
Subsidies to renewable energy are costly and contentious. We estimate the reduction in prices that follows from the … subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large … the total electricity market expenditures. The subsidies generate net gains to consumers. We develop an approach to …
Persistent link: https://www.econbiz.de/10011573888
The German electricity market has recovered well from the 2022 energy crisis. Policymakers should now redirect the … focus of energy policy to further expanding renewable energy sources. The year 2023 showed that the German electricity … climate policy to cover 80 percent of electricity consumption with renewable energy sources, as the German Renewable Energy …
Persistent link: https://www.econbiz.de/10014536114
Energy products such as power, gas, and oil have long been the world's premier commodities. Consumers demand that power … comes from. So for years energy companies believed that efforts to differentiate their products were mostly ineffective … how energy commodities are produced has begun to splinter previously integrated energy markets, creating markets for …
Persistent link: https://www.econbiz.de/10012851952
green the energy matrix on retail electricity prices are first order. CO2 permit prices strongly impact electricity prices … (particularly for baseload prices). Among energy sources, natural gas has the largest effect on electricity prices. Importantly, the …We analyse the drivers of European Power Exchange (EPEX) retail electricity prices between 2012 and early 2022 using …
Persistent link: https://www.econbiz.de/10013262773
, fundamental and interrelated Chinese interests - in energy security, economic growth and development, and macroeconomic stability …’s coal and power markets, and uses this analysis to draw conclusions about the path of CCS implementation in China’s energy …
Persistent link: https://www.econbiz.de/10014204517
A variety of renewable electricity policies to promote investment in wind, solar, and other types of renewable … generators exist across the United States. The federal renewable energy investment tax credit, the federal renewable energy … between renewable electricity generators and the rest of the power system. First, the value of electricity from a renewable …
Persistent link: https://www.econbiz.de/10014162063
marginal cost of electricity. Rejecting “rationality” of consumer energy choices raises doubts regarding cost–benefit analysis …Promoting energy efficiency (EE) has become a leading policy response to greenhouse gas emissions, energy dependence …, and the cost of new generators and transmission lines. Such policies present numerous puzzles. Electricity prices below …
Persistent link: https://www.econbiz.de/10013117126
Subsidies to renewable energy are costly and contentious. We estimate the reduction in prices that follows from the … subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large … the total electricity market expenditures. The subsidies generate net gains to consumers. We develop an approach to …
Persistent link: https://www.econbiz.de/10012964381
reflect true preferences and discuss empirical strategies for measuring internalities. As a case study, we focus on energy … efficiency policy, including Corporate Average Fuel Economy (CAFE) standards and appliance and lighting energy efficiency …
Persistent link: https://www.econbiz.de/10013027352