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 free allocation of ETS certificates play an important role. Yet the quantification of allocation-related investment ...
Die Energiewirtschaft befindet sich in einem gravierenden Umbau. Erneuerbare Energien expandieren stark. Längerfristig könnten sie zur Hauptquelle der Energieversorgung werden und damit wesentlich zum Klimaschutz, zur Schonung erschöpfbarer Ressourcen und zur Versorgungssicherheit beitragen. Die Bundesländer spielen bei der Weiterentwicklung erneuerbarer Energien eine wichtige Rolle. Sie setzen eigene ...
Our paper deals with modeling the effects of introducing a market-based tool for improving end-users' efficiency in an energy market which is already regulated through a cap-and-trade system for green house gas emissions and a quota system meant to improve competitiveness of energy produced using renewable resources. Our results show that the regulation of energy demand achieves its underlying objects ...
How does emissions trading influence the competitiveness of the German industry? By increasing the costs of domestic production, emissions trading may induce the relocation of industrial production and the associated emissions – e.g. to non-EU countries with few or no climate protection regulations. On behalf of the German Emissions Trading Authority (DEHSt) at the Federal Environment Agency, the impacts ...
Im Rahmen der Energiewende soll die Energieversorgung überwiegend auf erneuerbare Energien umgestellt werden. Der Ausbau erneuerbarer Energien wird maßgeblich von der Bundespolitik bestimmt. Daneben spielen aber auch die Bundesländer eine wichtige Rolle und können wesentlich zum Gelingen der Energiewende beitragen. Das DIW Berlin hat zum vierten Mal einen Bundesländervergleich im Bereich erneuerbarer ...
We investigate the welfare impact of parallel imports using a large panel dataset containing monthly information on sales, ex-factory prices, and further product characteristics for all 649 anti-diabetic drugs sold in Germany between 2004 and 2010. We estimate a two-stage nested logit model of demand, and on the basis of an oligopolistic model of multi-product firms, we then recover the marginal costs ...