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This paper shows how the uncertainty associated to the absence of a post-Kyoto regime regarding Greenhouse Gas mitigation is affecting investments in mitigation activities in the EU electricity sector and, thus, future emissions levels. Based on a wide survey of EU power companies, the paper...
Persistent link: https://www.econbiz.de/10015219652
Weather derivatives have become very popular tools in weather risk management in recent years. One of the elements supporting their diffusion has been the increase in volatility observed on many energy markets. Among the several available contracts, Quanto options are now becoming very popular...
Persistent link: https://www.econbiz.de/10015223471
This paper investigates whether and the extent to which the Fukushima nuclear accident 2011 affected human behavior based on a natural experiment with the Japanese Professional Baseball League. Comparing the duration of games in the 2010 and 2011 seasons reveals the following. (1) The duration...
Persistent link: https://www.econbiz.de/10015234645
Daylight saving time (DST) has been actively used as a mechanism for energy conservation and reduction of GHG emissions. In the case of Argentina, the most recent experiences with DST occurred during the austral summer periods of 2007-08 and 2008-09, when the policy was finally abandoned. The...
Persistent link: https://www.econbiz.de/10015256974
With the Phase 4 cancellation provision, the cumulative emissions cap of the EU ETS has become dependent on the amount of surplus allowances and future emissions abatement costs. In this paper, we discuss how the design of the market stability reserve greatly increases uncertainty over...
Persistent link: https://www.econbiz.de/10015265350
OAK-B135 The results produced by this project include: (1) Development of econometrically estimated marginal abatement and associated production curves describing response of agricultural and forestry emissions/sink/offsets enhancements for use in integrated assessments. Curves were developed...
Persistent link: https://www.econbiz.de/10009436193
For informed climate change policy, it is important for decision makers to be able to assess how the costs and benefits of federal energy subsidies are distributed and to be able to have some measure to compare them. One way to do this is to evaluate the implied price of carbon (IPC) for a...
Persistent link: https://www.econbiz.de/10009436390
In my company the energy management function is charged with: 1. assuring adequate and reliable supply at lowest reasonable cost,2. forecasting and planning needs and projecting costs for existing and new facilities, 3. coordinating companywide programs designed to achieve maximum efficiency and...
Persistent link: https://www.econbiz.de/10009465078
We put forward an optimal bidding mechanism for a bundle of power transmission infrastructure works. Specifically, the regulator auctions two works altogether: one is to be developed and operated by the winning bidder, while the other is an owner-operated and financed expansion of an existing...
Persistent link: https://www.econbiz.de/10015213417
The present research has delved deeper into the complex relationship of customer care calls with purchasing behavior in a WM system and has developed actionable insights to optimize operations. In this regard, the following critical factors have been considered: product attributes-cost, weight,...
Persistent link: https://www.econbiz.de/10015214451