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The literature on policy convergence has identified numerous aspects and possible causal drivers of convergence. We classify and condense these into a comprehensive framework, which is operationalized for support policies for renewable energy sources in the EU. Our analysis advances the...
Persistent link: https://www.econbiz.de/10011392141
In this paper, we employ a public choice perspective to analyze the development of policies for renewable energy sources (RES) in the EU in general and in Germany more specifically. In doing so, we explain the main characteristics of current RES policies in the EU by reference to the...
Persistent link: https://www.econbiz.de/10011284941
In this paper, I use the resilience framework to interpret the project of transforming the German energy system into a renewable energy sources (RES)-based system, the so-called Energiewende, as a regime shift. This regime shift comprises several transformations, which are currently altering the...
Persistent link: https://www.econbiz.de/10009763163
We derive optimal subsidization of renewable energies in electricity markets. The analysis takes into account that capacity investment must be chosen under uncertainty about demand conditions and capacity availability, and that capacity as well as electricity generation may be sources of...
Persistent link: https://www.econbiz.de/10010253455
The Western Balkan (WB) countries, with the exception of Albania, generate most of their energy from lignite, which contributes to the highest levels of air pollution in Europe. Energy shortages and high electricity costs are major issues in the WB region, with significant political...
Persistent link: https://www.econbiz.de/10014529502
The digitization of power system represents one of the main instruments to achieve the target set by the European Union 2030 climate and energy Agenda of affordable energy transition. During the last years, such innovation process has been associated with the Smart Grid (SG) term. In this...
Persistent link: https://www.econbiz.de/10012123221
We develop an analytical model to derive the competitive market equilibrium for electricity spot and reserve markets under stochastic demand and uncertain renewable electricity generation. We then derive the welfare-optimal provision of reserves. At rst-best, cost of reserve capacity is balanced...
Persistent link: https://www.econbiz.de/10011644504
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