EU climate and energy policy defines ambitious objectives for the EU member countries requiring a fundamental change of energy systems. This paper suggests basing the analysis of restructuring options on energy services instead of energy flows. In order to provide the energy services in a...

Due to the rapid decrease of the costs of photovoltaics, large schemes for solar electricity generation have recently been suggested. The new method of isolines or contour lines between generation capacity and storage for a specific load allows a thorough review of these schemes. Such a review...

Having agreed upon a binding emissions reduction path by 2020, the EU plays a leading role in international climate policy. The EU currently pursues a dual approach through an Emissions Trading Scheme (ETS) at the EU level and also via national targets in sectors not covered by the ETS. The...

Climate policy arrangements of partial regional coverage, as they seem to emerge from the UNFCCC process, might lead to carbon leakage and hence a broad literature has developed to quantify leakage. Most of these analyses, however, are confined to consider emissions from fuel combustion only....

Perhaps the greatest obstacle to large-scale solar energy generation is the intermittent nature of solar energy and the associated costly storage. This paper presents a method to optimize combinations of selected worldwide regions in different time zones with the surprising capability of...

We present a two-good, two-country overlapping generations model where emissions arise from production and each country has a domestic emission permit system. When one country unilaterally reduces her cap on emissions, her output available for domestic and foreign consumption diminishes more...