Fabian Joas, Michael Pahle und Christian Flachsland, Potsdam Institut für Klimafolgenforschung und Mercator Research Institute on Global Commons and Climate Change, Berlin, stellen die Ergebnisse einer Befragung von 54 Akteuren der Energiewende aus den Bereichen Politik, Wirtschaft,...

Fabian Joas, Michael Pahle und Christian Flachsland, Potsdam Institut für Klimafolgenforschung und Mercator Research Institute on Global Commons and Climate Change, Berlin, stellen die Ergebnisse einer Befragung von 54 Akteuren der Energiewende aus den Bereichen Politik, Wirtschaft,...

We study the performance under uncertainty of three renewable energy policy instruments: Tradable Renewable Quota (TRQ), Feed-In-Tariff (FIT), and Feed-In-Premium (FIP). We develop a stylized model of the electricity market, where renewables are characterized by a positive learning externality,...

The economics of electricity is shaped by its physics. A well know example is the non-storability of electricity that causes its price to fluctuate widely. More generally, physical constraints cause electricity to be a heterogeneous good along three dimensions - time, space, and lead-time....