This paper studies the role of flexibility sources in the European electricity market, using a system dynamics model that includes various socio-technical factors, and a novel flexibility scoring concept. The learning rate impact of a new technology (gas-CCS) on the system’s flexibility is...

Massive increases in Internet data traffic over the last years have led to rapidly rising electricity demand and CO2 emissions, giving rise to environmental externalities and network congestion costs. One particular concern is the rise in data traffic generated by video-streaming services. We...

We examine the short-selling ban imposed by the National Commission for Companies and the Stock Exchange of Italy, the authority that regulates the Italian securities market, on three Italian energy stocks. We find that the effect of the short-selling ban was temporary

Die Umstellung des europäischen Energiesystems auf einen geringeren Ausstoß von Treibhausgasen wird einen grundsätzlichen Wandel der Art und Weise erfordern, wie Energie bereitgestellt, transportiert und genutzt wird. Als hauptsächliche Energieträger kommen Strom, Wasserstoff und...

This PDF document was made available as a public service of the RAND Corporation.This study explores elements of robust strategies for exploiting the use of natural gas to minimize potential consequences from shifting to an energy mix that is increasingly dominated by domestic and imported...

This PDF document was made available as a public service of the RAND Corporation.This research assesses the opportunities and risks that the government of Israel faces in shifting to an energy mix increasingly dominated by domestic and imported natural gas. The analysis seeks to help the Israeli...

We examine the effects of future renewable expansion in Germany on residual load and renewable surplus generation for policy-relevant scenarios for 2022, 2032 and 2050. We also determine the storage capacities required for taking up renewable surpluses for varying levels of accepted curtailment....

In 2020, the futures & spot markets of crude oil have changed dramatically. This paper analyzes the price discovery process of the WTI and Brent crude oil futures & spot markets using the information share model of Hasbrouck (1995), and finds that each reverse of the dominant asset can indicate...

The Chinese government is actively promoting urbanization to stimulate its economic growth while facing increasingly prominent environmental concerns. The main objective of this research is to assess whether the Chinese government is making efforts to promote cleaner energy demand while pushing...

This paper is concerned with the role of oil and gas in the development of the global economy. Its focus is on the context in which oil and gas producers in both established and developing countries must frame their policies in order to optimize the benefits of producing such resources. It...