We analyze the interactions between different renewable support schemes and the benefits of real-time pricing (RTP) using a stylized economic model with a detailed demand-side representation calibrated to the German market. We find that there are considerable differences between a market premium...

TTRIOPOL studies the role of domestic bioenergy potentials for agriculture, the wider economy and international trade for Austria. In particular, agricultural biomass pro-duction can contribute to significant shares of energy provision in Austria. A detailed scenario is developed to explore the...

The problems of renewable energy sources development in Russia are complex and require long-term structural solutions in national socio-economy system. Currently, the Russian economy stays about two and half times less energy efficient and more carbon intensive than other comparable modern...

The studies of environmental awareness or the so-called people's pro-environmental behaviors (PEBs) became a popular topic in Europe, North America and Asia, but not yet in Russia. Many studies investigated PEBs revealed that monetary saving and health concern are considered to be the most...

Legacy electricity retail tariffs are ill-adapted to future electricity systems and markets, particularly with regard to accommodating the multi-faceted shift toward decarbonisation. We examine how retail tariffs need to be reformed to not only meet the future revenue requirements of...

The twenty-first century must see a decarbonisation of electricity production to mitigate the flow of greenhouse gas emissions into the atmosphere. This paper presents an econometric analysis of the factors that motivate the use of renewable energy in electricity production using panel data from...

The use of renewable energy sources is a major strategy to mitigate climate change. Yet Sinn (2017) argues that excessive electrical storage requirements limit the further expansion of variable wind and solar energy. We question, and alter, strong implicit assumptions of Sinn’s approach and...

We extend the theory of peak-load pricing by considering that the production with different technologies can be adjusted within their capacity at different speeds. In the established analysis, all production decisions can be made after the random variables realize. In our setting, in contrast,...

Most electricity systems face contractual fixed consumer prices in the short term, that is, load and price are fixed before the random supply of renewables like wind or solar realizes. Steam power plants also make production decisions before such a random supply realizes. These capacities cannot...

Concentration of greenhouse gases in the atmosphere influences the climate, which then alters the amount of primary energy for countries or regions where hydropower and wind power constitute important parts of the energy supply. Besides, the demand effect of temperature increases may be large in...