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. Exposure to market risk (fluctuating wholesale electricity prices) raises the cost of capital for merchant renewable generators …
Persistent link: https://www.econbiz.de/10014098678
Digital technologies have reduced transaction costs and led to platform business models and the sharing economy. Platform business models are increasingly part of policy debates in electricity distribution and retail due to the proliferation of digital and distributed energy resource (DER)...
Persistent link: https://www.econbiz.de/10012898519
The rebound effect is a well-known behavioral response whereby potential energy savings from efficiency improvements are partially offset by increased consumption of energy services, as the marginal cost of energy services is reduced. This paper characterizes a similar rebound effect related to...
Persistent link: https://www.econbiz.de/10012003006
This paper proposes a new modelling framework for electricity forward markets based on so-called ambit fields. The new model can capture many of the stylised facts observed in energy markets and is highly analytically tractable. We give a detailed account on the probabilistic properties of the...
Persistent link: https://www.econbiz.de/10014176935
paper empirically investigates the returns on investment in home-equipped photovoltaics (PV) installations. We find that … hundert Haushalte, die über eine Photovoltaik-Anlage verfügen, die Renditen der Investitionen in PV-Anlagen. Unsere Ergebnisse …
Persistent link: https://www.econbiz.de/10011391568
photovoltaics (PV) projects. In recent years, European countries increasingly combined feed-in tariffs for small renewables systems …
Persistent link: https://www.econbiz.de/10010248174
Growing concern for climate change and rising scarcity of fossil fuels prompted governments to stimulate the development of renewables. This paper empirically tests whether feed-in tariff (FIT) policies have been effective in the development of photovoltaic solar (PV), explicitly taking into...
Persistent link: https://www.econbiz.de/10010465145
their relative lack of competitiveness, with the photovoltaics (PV) technology enjoying high feed-in tariffs, currently over …
Persistent link: https://www.econbiz.de/10013102756
Feed-in tariffs are a widespread policy instrument to support the diffusion of renewable energy technologies. I investigate the impact of the size-based differentiation of these tariffs on the adoption of residential scale solar photovoltaic (PV) installations in Germany. Exploiting a policy...
Persistent link: https://www.econbiz.de/10012895792
The rebound effect is a well-known behavioral response whereby potential energy savings from efficiency improvements are partially offset by increased consumption of energy services, as the marginal cost of energy services is reduced. This paper characterizes a similar rebound effect related to...
Persistent link: https://www.econbiz.de/10012870638