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importance of cost and performance parameters change with the climate target. Cost uncertainty matters in less stringent policy …
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This paper deals with three aspects of spectacular oil price episodes such as the one witnessed in 2008. First, the concept of temporary explosiveness is proposed as an empirical method for capturing this type of behavior. The application of a recently proposed recursive unit root test shows...
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dependent on the time and location at which it is produced, which is not very controllable with some renewables, such as wind …, which also depends on time and location. Without incorporating these factors, cost-benefit analyses of alternatives are …
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