With the adoption of the EU Climate Law in 2021, the EU has set itself a binding target to achieve climate neutrality by 2050 and to reduce greenhouse gas emissions by 55 percent compared to 1990 levels by 2030. To support the increased ambition, the EU Commission adopted proposals for revising...

The European Commission is currently reviewing two major policy instruments which will pose major economic challenges and opportunities for EU power producers. First, the European Emissions Trading Scheme (EU ETS) is likely to include a high percentage of auctioning. Second, support schemes for...

Potential environmental benefits of green tariffs may be mitigated if households increase electricity consumption after they subscribe to green tariffs. Using metered data of household electricity consumption from a large provider of green electricity in Germany, our quasi-experimental analysis...