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The Inflation Reduction Act (IRA), passed under the Biden administration in August 2022, is the biggest US climate bill to date. Its focus on subsidy-driven decarbonization incentives marks a potential turning point in US industrial policy and might prevent its repeal under the upcoming Trump...
Persistent link: https://www.econbiz.de/10015202296
The Russian invasion of Ukraine has pushed Europe to re-design its energy map at speed. Amid this unprecedented energy overhaul, the EU and the United States have flagged their commitment to reinforce their bilateral energy partnership, starting with short-term measures to boost US liquefied...
Persistent link: https://www.econbiz.de/10013343201
The so-called traffic light coalition is facing a challenge: it has set ambitious energy policy targets, but can only achieve them if the pace of the energy transition is increased significantly. To contribute to the current energy policy debate, the Ampel-Monitor Energiewende (Monitor of the...
Persistent link: https://www.econbiz.de/10013348133
Renewable electricity plays an increasingly important role in the effort to reduce CO2 emissions in the electricity sector. One of the major challenges that must be addressed is the fluctuating supply of renewable electricity. We explore the impact of cross-border electricity transfers on both...
Persistent link: https://www.econbiz.de/10013356499
India has witnessed significant transformation in the energy mix over the last decade, with renewables accounting for 24% of the installed grid capacity and 10% of the electricity generation today. The achievements, however, fall short in the trajectory towards the ambitious targets set for the...
Persistent link: https://www.econbiz.de/10013359387
Die Bundesregierung hat im Juli 2022 das sogenannte 'Osterpaket' verabschiedet, das eine Vielzahl an Maßnahmen zum Ausbau erneuerbarer Energien vorsieht. Das Paket hält an der gleitenden Marktprämie als Vergütungsmechanismus fest, welche einseitig nur StromerzeugerInnen absichert, während...
Persistent link: https://www.econbiz.de/10013371397
The German Federal Government passed the "Easter Package" in July 2022, which envisages a number of measures for the expansion of renewable energy sources. The package retains sliding market premiums as a remuneration mechanism, which protect electricity producers unilaterally, while contracts...
Persistent link: https://www.econbiz.de/10013371404
Emission-free hydrogen (H2) is crucial to decarbonize energy supply and to tackle the climate crisis. To unlock the potential of H2, pipelines infrastructures and related investments are required to enable trade. However, it is uncertain what future H2 infrastructure will be needed. The paper...
Persistent link: https://www.econbiz.de/10013420952
Industrialized countries and emerging economies must cooperate in order to decarbonize the emissions-intensive industrial sector and to limit global warming to 1.5 degrees Celsius. While Germany and the other G7 countries have committed to supporting emerging economies in their efforts to combat...
Persistent link: https://www.econbiz.de/10013426461
Um emissionsintensive Industriesektoren zu dekarbonisieren und die Erderwärmung auf maximal 1,5 Grad zu begrenzen, müssen Industriestaaten und Schwellenländer kooperieren. Deutschland und die übrigen Staaten der G7 haben sich dazu verpflichtet, die Schwellen- und Entwicklungsländer bei...
Persistent link: https://www.econbiz.de/10013427606