Deep decarbonization of the global electricity sector is required to meet ambitious climate change targets. This underlines the need for improved models to facilitate an understanding of the global challenges ahead, particularly on the concept of large-scale interconnection of power systems....

Economy-wide rebound in energy use is often presented as a necessary "evil" accompanying economic expansion triggered by energy efficiency improvements. We challenge this position in two, inter-related ways. First, we question the emphasis on potential technical energy savings and losses due to...

The COVID-19 crisis comes at a complex moment for European climate policy as it pivots from a 40% 2030 emissions reduction target to a European Green Deal that is in better alignment with long-term Paris Agreement goals. Here, the implications of the dramatic fall in economic output associated...

This paper compares quarterly rebalanced equity/bond portfolios with 2 different target volatility approaches and a stress allocation model that switches between a normal and a stress allocation during times of high volatility. The analysis comprises the 5 countries Germany, Japan, US, UK and...