Despite political activities to foster a low-carbon energy transition, Germany currently sees a considerable number of new coal power plants being added to its power mix. There are several possible drivers for this "dash for coal", but it is widely accepted that windfall profits gained through...

Despite political activities to foster a low-carbon energy transition, Germany currently sees a considerable number of new coal power plants being added to its power mix. There are several possible drivers for this "dash for coal", but it is widely accepted that windfall profits gained through...

Germany aims to phase out coal to achieve its 2030 climate target, for which a UK-style carbon price floor is considered. But this measure comes with risks related to the uncertainty about what price level is sufficient, and the waterbed effect arising from unilateral policy under the EU-ETS....

Die deutsche Klimapolitik benötigt eine grundlegende Neuausrichtung. Deutschland muss im Rahmen der EU-Lastenteilungsverordnung bis 2030 seine Emissionen im Verkehrs-, Gebäude- und Landwirtschaftssektor sowie in Teilen des Industrie- und Energiesektors um 38 Prozent gegenüber 2005 vermindern,...

Germany has an ambitious climate target for 2030 that cannot be achieved without reducing the high share of coal in power generation. In the face of this, the country has set up a commission to phase out coal. A UK-style carbon price floor is one of the options being considered. Yet implementing...

Im Herbst 2022 fand die zweite Erhebung des im Rahmen des BMBF-geförderten Kopernikus-Projekts Ariadne etablierten Wärme- & Wohnen-Panels unter ca. 15.000 Haushalten statt. Das Panel verknüpft in bislang einzigartiger Weise Informationen zum Gebäudebestand und dem Endenergiebedarf mit...

Price formation in the EU Emission Trading Scheme (EU ETS) has persistently puzzled economists and policy makers. In recent years, the empirical literature investigating this topic has expanded considerably, but a synthesis of what could be learned about price formation as a whole including the...

The stringency of the EU’s Emission Trading System (ETS) is bound to be ratcheted-up to deliver on more ambitious goals as put forth in the EU’s Green Deal. Tightening the cap needs to consider the interactions with the Market Stability Reserve (MSR), which will be reviewed in 2021. Against...