The massive expansion of wind power and solar PV is the primary strategy to reduce greenhouse gas emissions in many countries. Due to their variable generation profiles, power sector flexibility needs to increase. Geographical balancing enabled by electricity grids and temporal flexibility enabled by electricity storage are important options for flexibility. As they interact with each other, we investigate ...
The building sector plays a major role when it comes to meeting climate targets. An analysis by DIW Berlin based on data from energy provider ista SE shows that in the past two years both the temperature-adjusted heat consumption in German multi-apartment buildings and the temperature-adjusted CO2 emissions have dropped slightly. As positive as this decrease is—despite the increase in homeworking due ...
We review the state of knowledge concerning international CO2 emission transfers associated particularly with trade in energy-intensive goods and concerns about carbon leakage arising from climate policies. The historical increase in aggregate emission transfers from developing to developed countries peaked around 2006 and declined since. Studies find no evidence that climate policies lead to carbon ...
While countries increasingly commit to pricing greenhouse gases directly through carbon taxes or emissions trading systems, indirect forms of carbon pricing-such as fuel excise taxes and fuel subsidy reforms-remain important factors affecting the mitigation incentives in an economy. Taken together, how can policy makers think about the overall price signal for carbon emissions and the incentive it ...