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The German electricity market has recovered well from the 2022 energy crisis. Policymakers should now redirect the focus of energy policy to further expanding renewable energy sources. The year 2023 showed that the German electricity supply remained secure following the shutdown of nuclear power...
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A seemingly unrelated regression associating U supply and demand to own price, net nuclear electric consumption, generating capacity, competing fuel prices, and electricity prices is postulated. Coal prices are found to influence uranium price significantly. Composite energy prices affect...
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This paper examines the time and frequency dynamics of connectedness between oil price shocks (demand and supply), and energy, electricity, carbon and clean energy markets using the methodology developed by Diebold and Yilmaz (2012) and Barunik and Krehlik (2018). The empirical findings show...
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This paper characterizes the dynamics of jumps and analyzes their importance for volatility forecasting. Using high … importance of jumps for volatility forecasting. To this end, we estimate and analyze the predictive ability of several …
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