Control power for the reliability of electricity supply is currently mainly provided by conventional power plants. In the situation of low residual power demand, the provision of negative control power may lead to must-run generation through base load power plants. Due to low wholesale...

Following the nuclear meltdown in Fukushima Daiichi, in summer 2011 the German parliament decided to phase-out nuclear power by 2022. When this decision was taken, a number of model-based analyses investigated the influence this decision would have on electricity prices and CO2 emissions. They...

This paper analyzes modernization options for a local energy system, including both demand reduction and supply-related measures. The high-resolution optimization model deeco (dynamic energy, emission, and cost optimization) is extended by developing techniques to support conventional insulation...

Climate change is a long-term issue due to the long lifespan of greenhouse gases (GHG) and the delayed response of the climate system. This paper investigates the long-term economic consequences of both climate change impacts and mitigation efforts by applying the multi-regional, multi-sectoral...

In this paper, we critically review cost‐benefit analysis, cost‐effectiveness analysis and the guard‐rail approach as decision‐support tools for the choice of climate protection strategies. Our main focus is on the central role of value judgments, which arise from the need to value;...