The Russian war on Ukraine and Germany's dependence on Russian gas require a rethink of German energy supplies. While there is a heated debate about an immediate energy embargo, Russia could also stop its supplies at any time. To date, Germany has purchased around 55 percent of its natural gas...

Steam coal exporters face increasing uncertainty about future coal demand and risks of asset stranding. Nevertheless, new export-oriented coal mine projects are still brought forward. In this study, we use the coal sector model COALMOD-World to assess the economic prospects of investments in the...

State-of-the-art, open access numerical modeling of imperfectly competitive energy markets offers a sound and transparent way to address topical research questions in energy and commodity markets. We use an open access equilibrium model, the Global Gas Model (GGM), and sector-specific,...

Coal is at the core of the debate about climate change mitigation policies, yet the international market for it is not well represented in most energy models. This paper presents the COALMOD framework which is a model of the international steam coal market that can be readily used to explore...

The relations between Russia and the EU with respect to energy and climate policies have been characterized in recent months by two phenomena. On the one hand, the EU has to deal with questions regarding the security of energy supply. The Russian government's high-handed treatment of domestic...

Coal has for many years been considered as a resource of the past and as a result its importance has been underestimated. Yet coal still is the main pillar for generating electricity in most countries: A quarter of the worldwide primary energy consumption is provided by coal. While the world's...

In spite of the sharp decline of crude oil prices since the fall of 2008, the current price level of approximately $65 per barrel is significantly higher than the long-term average. The market power of the Organization of Petroleum Exporting Countries (OPEC), which is partially responsible for...

Die Beziehungen zwischen Russland und der EU im Bereich von Energie- und Klimapolitik sind seit einigen Monaten von zwei Phänomenen geprägt: Einerseits stellen sich für die EU Fragen bezüglich der Versorgungssicherheit mit Energieträgern. Die russische Regierung irritiert durch die...

Deutschland übernimmt zum 1. Januar 2007 für sechs Monate die EU-Ratspräsidentschaft und zugleich für ein Jahr den Vorsitz in der Gruppe der G-8 Staaten. Gerade durch das zeitliche Zusammenfallen beider Aufgaben kann Deutschland einen Beitrag zur richtungsweisenden Gestaltung der...

Die Sicherheit der europäischen Erdgasversorgung kann durch die konsequente Vollendung des europäischen Binnenmarktes erheblich gesteigert werden; Europa sollte in der Liberalisierung dem Vorbild der Vereinigten Staaten folgen. Russland kommt zwar auch künftig eine gewisse Bedeutung bei der...