Purpose: The purpose of this paper is to understand if the use of a vineyard's storytelling helps to better understand the position of each vintage in a niche and luxury market. Two main objectives structure this article: discovering what criteria constitutes the narratives of corporate...

The analysis of climate change is confronted with large uncertainties that need to be taken into account to arrive at meaningful policy recommendations. The main contribution of economics to this interdisciplinary task is to provide formal frameworks and techniques for analyzing climate policy...

Drei Jahre nach der Atomkatastrophe im japanischen Fukushima rücken Laufzeitverlängerungen bestehender Kernkraftwerke und der Bau neuer Reaktoren weltweit wieder stärker in den Fokus. Befürworter erhoffen sich eine kostengünstige Stromerzeugung, eine sichere Energieversorgung sowie einen...

Erdgas leistet einen wichtigen Beitrag zur europäischen Energieversorgung. Umso mehr schürt die politische Krise zwischen Russland und der Ukraine die Angst vor den Folgen eines möglichen russischen Lieferstopps von Erdgas in die Ukraine und die Europäische Union. Zu einem solchen Ereignis...

For the European Union to keep on track with its energy and climate targets, large investments are required in electricity generation, infrastructure and energy efficiency. The electricity sector takes the center stage. This article delivers an overview of several estimates of the investment...

Damit die Europäische Union ihre selbstgesteckten Energie- und Klimaziele erreichen kann, sind umfangreiche Investitionen in die Stromerzeugung, die Strom- und Erdgasinfrastruktur sowie in die Energieeffizienz notwendig. Eine zentrale Bedeutung kommt dabei dem Stromsektor zu. Dieser DIW...

Three years after the nuclear catastrophe in Fukushima one observes a certain momentum with regard to lifetime extensions as well as some interest in new building ofnuclear power plants. Advocates of nuclear power argue in term of low-cost electricity generation, a secure supply as well as a...

Natural gas is a significant contributor to European energy supply. Hence, the political crisis between Russia and Ukraine increases fears of the consequences of Russia suspending natural gas supplies to Ukraine and the European Union. The last time this had occurred was in the winter of 2009...

The upcoming Climate Change Conference in Paris will once again highlight the need for action to reduce global greenhouse gas emissions in order to mitigate climate change. The relevant global energy scenarios are often still based on the assumption that the expansion of nuclear power can...