Topic Energy Economics

The Role of Aggregators in Facilitating Industrial Demand Response: Evidence from Germany

Industrial demand response can play an important part in balancing the intermittent production from a growing share of renewable energies in electricity markets. This paper analyses the role of aggregators – intermediaries between participants and the electricity market – in facilitating industrial demand response. Based on the results from semi-structured interviews with German demand response aggregators, ...

Decentralization and Public Procurement Performace: New Evidence from Italy

We exploit a new dataset based on European Union (EU) procurement award notices to investigate the relationship between the degree of centralization of public procurement and its performance. We focus on the case of Italy, where all levels of government, along with a number of other public institutions, are involved in procurement and are subject to the same EU regulation. We find that (a) municipalities ...

Analyzing Climate and Energy Policy Integration: The Case of the Mexican Energy Transition

One of the main challenges faced by climate policy makers today is to design and implement policies capable of transferring climate policy goals into sectoral actions towards transformational pathways. Hence, climate policies need to be of cross-cutting character, lead to coherence with sectoral goals and reconcile diverging sectoral interests. Against this background, Mexico has undertaken significant ...

The Structure, Drivers and Policy Implications of the European Carbon Footprint

Policy to reduce the European Union’s (EU) carbon footprint needs to be grounded in an understanding of the structure and drivers of both the domestic and internationally traded components. Here we analyse consumption-based emission accounts (for the main greenhouse gases (GHGs)) for the EU, focusing on understanding sectoral contributions and what changes have been observed over the last two decades, ...

The Impact of Implementing a Consumption Charge on Carbon-Intensive Materials in Europe

The production of basic materials accounts for around 25% of global greenhouse gas emissions. Existing measures to reduce emissions from industry are limited due to a combination of competitiveness concerns and a lack of technological options available to producers. In this paper, we assess the possibility of implementing a materials charge to reduce demand for basic industrial products and, hence, ...

The Economics of Production, Integration and Efficient Use of Renewable Energy

Die Auseinandersetzung mit der Klimakrise bringt drei Herausforderungen bezüglich der Produktion, der Integration und der effizienten Nutzung von Energie mit sich. Diese Herausforderungen werden in den drei Kapiteln dieser Dissertation analysiert. Erstens wird Energieeffizienz weithin sowohl als ein effektives Mittel zur Reduzierung des Verbrauchs fossiler Energien als auch als kosteneffiziente Lösung ...

The Role of Aggregators in Facilitating Industrial Demand Response: Evidence from Germany

Industrial demand response can play an important part in balancing the intermittent production from a growing share of renewable energies in electricity markets. This paper analyses the role of aggregators – intermediaries between participants and power markets – in facilitating industrial demand response. Based on the results from semi-structured interviews with German demand response aggregators, ...

Essays in Empirical Environmental Economics

EU Sustainable Finance Taxonomy – What Is Its Role on the Road towards Climate Neutrality?

The EU Taxonomy is the first standardised and comprehensive classification system for sustainable economic activities. It covers activities responsible for up to 80 percent of EU greenhouse gas emissions and may play an important role in channelling investments into low-carbon technologies by helping investors to make informed decisions. However, especially in transition sectors much depends on the ...

An Auction Story: How Simple Bids Struggle with Uncertainty

Short-term electricity markets are key to an efficient production by generation units. We develop a two-period model to assess different bidding formats to determine for each bidding format the optimal bidding strategy of competitive generators facing price-uncertainty. We compare the results for simple bidding, block bidding and multi-part bidding. We find that even under optimal simple and block ...