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Dr. Jörn C. Richstein

Dr. Jörn C. Richstein

Senior Research Associate / Thematic Lead Electricity Markets of the

Climate Policy Department

Research Topics and Working Areas

Dr. Jörn C. Richstein works as a senior research associate and thematic lead "Electricity Markets" in the Climate Policy department at the German Institute for Economic Research (DIW Berlin) and is associated with the Berlin Economics Research Associates Program (BERA).

His research is focussed on the topics of electricity market design and climate policy (incl. the European Emissions Trading System). Currently the focus is especially on industrial electricity demand response and bidding formats, as well as policy instruments for emissions reductions in the electricity sector (e.g. Carbon Contracts for Difference).

He pursued his PhD under the Erasmus Mundus Sustainable Energy Technologies and Strategies joint doctoral program (Erasmus Mundus SETS) mainly at the TU Delft (3 years) and the Comillas Pontifical University (1 year).

Before starting his PhD research, he studied Business & Industrial Engineering at the Karlsruhe Institute of Technology where he graduated in 2011. In the course of his studies he spent time abroad at the Singapore Management University, gained work experience during industry internships and wrote his master thesis at the Rotterdam School of Management.


Utilities Policy

The dynamic impact of carbon reduction and renewable support policies on the electricity sector

2014 | Fagiani, R.; Richstein, J. C.; Hakvoort, R. & de Vries, L. J.
Applied Energy

Adjusting the CO2 Cap to Subsidised RES Generation: Can CO2 Prices Be Decoupled from Renewable Policy

2015 | Richstein, J.C., Chappin E.J., de Vries, L.J.
Utilities Policy

The Market (in-)Stability Reserve for EU Carbon Emission Trading: Why It Might Fail and How to Improve It

2015 | Richstein, J.C., Chappin E.J., de Vries, L.J.
Diskussionspapiere 2035 / 2023

Contracting Matters: Hedging Producers and Consumers with a Renewable Energy Pool

2023| Karsten Neuhoff, Fernanda Ballesteros, Mats Kröger, Jörn C. Richstein
DIW Berlin - Politikberatung kompakt 189 / 2023

Reacting to Changing Paradigms: How and Why to Reform Electricity Markets

2023| Karsten Neuhoff, Jörn C. Richstein, Mats Kröger
DIW Weekly Report 35/36 / 2022

Contracts for Difference Support the Expansion of Renewable Energy Sources while Reducing Electricity Price Risks

2022| Mats Kröger, Karsten Neuhoff, Jörn C. Richstein
DIW Wochenbericht 35 / 2022

Differenzverträge fördern den Ausbau erneuerbarer Energien und mindern Strompreisrisiken

2022| Mats Kröger, Karsten Neuhoff, Jörn C. Richstein
Diskussionspapiere 2013 / 2022

Discriminatory Auction Design for Renewable Energy

2022| Mats Kröger, Karsten Neuhoff, Jörn C. Richstein
Externe Monographien

Electricity Market Design 2030-2050: Moving Towards Implementation

2022, VI, 52 S.
(Kopernikus Projekte : Die Zukunft unserer Energie : SynErgie)
| Amir Ashour Novirdoust, Rajon Bhuiyan, Martin Bichler, Hans Ulrich Buhl, Gilbert Fridgen, Carina Fugger, Vitali Gretschko, Lisa Hanny, Johannes Knörr, Karsten Neuhoff, Christoph Neumann, Marion Ott, Jörn Richstein, Maximilian Rinck, Felix Röhrich, Michael Schöpf, Amelie Sitzmann, Johannes Wagner, Martin Weibezahl
Externe Monographien

Carbon Contracts for Difference: An Assessment of Selected Socio-economic Impacts for Germany

London: Climate Strategies, 2022, 24 S.
(CFM Traction)
| Jörn Richstein, Mats Kröger, Karsten Neuhoff, Olga Chiappinelli, Frederik Lettow
Externe referierte Aufsätze

Financing Renewables in the Age of Falling Technology Costs

In: Resource and Energy Economics 70 (2022), 101330, 15 S. | Karsten Neuhoff, Nils May, Jörn C. Richstein
Externe referierte Aufsätze

Carbon Contracts-for-difference: How to De-risk Innovative Investments for a Low-carbon Industry?

In: iScience 25 (2022), 8, 104700, 20 S. | Jörn C. Richstein, Karsten Neuhoff
Externe Monographien

Addressing Export Concerns in the CBAM File

London: Climate Strategies, 2022, 15 S.
(CFM Platform)
| Karsten Neuhoff, Olga Chiappinelli, Timo Gerres, Roland Ismer, Till Köveker, Pedro Linares, Jörn Richstein



EE-Förderung und Absicherung des Verbrauchs

Jörn Richstein, Nils May, Mats Kröger, Karsten Neuhoff
Berlin, 11.11.2022
| Langfristmärkte - Futures, PPAs, EE-Förderung: Strommarkttreffen

Can Cooperate PPAs Substitute Renewable Tenders (for Onshore Wind)?

Jörn Richstein, Nils May, Karsten Neuhoff
Paris, 09.11.2022
| Financing models for Onshore Wind Projects

Designing Auctions for Renewable Energy: The Economic of the Reference Yield Model

Mats Kröger, Karsten Neuhoff, Jörn Richstein
| Marktbasierte Klimapolitik - Ausgestaltung, Wirksamkeit und finanzpolitische Aspekte: BMF Seminar

(Carbon) Contracts-for-Differences and other Policies: Dealing with CO2 and Energy Price Uncertainty

Jörn Richstein
| Workshop with Think Tanks, Academia and Member States on Competitive Bidding Mechanisms: [Online]

Project-based Carbon Contracts for Differences or Price Floors: How to De-Risk Innovative Investments for a Low-Carbon Industry

Jörn C. Richstein, Karsten Neuhoff
[Online], 26.10.2022
| CAEP Seminar Series: [Online]

Research Projects

Research Project

Future Power Market Platform

Current Project| Climate Policy
Research Project

Non-Emission Products and Services in Sweden

Current Project| Climate Policy
Research Project

Emission Trading System in the Republic of Korea

Completed Project| Climate Policy
Research Project


Completed Project| Climate Policy
Research Project

Sector coupling and European Integration in a Developing Energy System

Completed Project| Climate Policy