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Since early 2009, electricity and gas distribution in Germany has been subject to incentive regulation designed to ensure greater efficiency in electricity and gas grid operation. However, it remains to be seen how changes to the regulatory framework will affect the investment behavior of...
Persistent link: https://www.econbiz.de/10010484669
A considerable share of public investment comes not only from public budgets but also from public utility companies. One major area of investment is energy and water supply, where the utility companies have substantial fixed assets in the form of distribution infrastructure. Using new microdata...
Persistent link: https://www.econbiz.de/10011372010
The increase in municipal economic activity in the utilities sector frequently comes under scrutiny. It is presumed that public utilities have less incentive to provide efficient service than private companies. This could result in excessive costs and prices for end users. New microdata on...
Persistent link: https://www.econbiz.de/10011476307
In the 1990s, a number of municipalities started privatizing their energy utilities; in recent years, there has been an intensive debate about whether a paradigm shift has taken place since then. Cities and municipalities have considered putting the energy, water, gas and heat supply back into...
Persistent link: https://www.econbiz.de/10011476308
Persistent link: https://www.econbiz.de/10011476309
Since early 2009, electricity and gas distribution in Germany has been subject to incentive regulation designed to ensure greater efficiency in electricity and gas grid operation. However, it remains to be seen how changes to the regulatory framework will affect the investment behavior of...
Persistent link: https://www.econbiz.de/10011157055
The significance of natural gas is on the rise due to the restructuring and decarbonization of energy systems worldwide. Natural gas is widely available and flexible as it can be used in electricity generation, manufacturing, transport, and private households. Compared to other fossil fuels,...
Persistent link: https://www.econbiz.de/10010327601
For the European Union to keep on track with its energy and climate targets, large investments are required in electricity generation, infrastructure and energy efficiency. The electricity sector takes the center stage. This article delivers an overview of several estimates of the investment...
Persistent link: https://www.econbiz.de/10010369536
Three years after the nuclear catastrophe in Fukushima one observes a certain momentum with regard to lifetime extensions as well as some interest in new building ofnuclear power plants. Advocates of nuclear power argue in term of low-cost electricity generation, a secure supply as well as a...
Persistent link: https://www.econbiz.de/10010397731
In January 2014, the European Commission proposed a framework for its climate and energy policy up to 2030. It includes targets for reducing greenhouse gases and using renewable energies, but no specific targets for increasing energy efficiency. By 2030, greenhouse gas emissions are to be...
Persistent link: https://www.econbiz.de/10010397732