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For the European Union to keep on track with its energy and climate targets, large investments are required in electricity generation, infrastructure and energy efficiency. The electricity sector takes the center stage. This article delivers an overview of several estimates of the investment...
Persistent link: https://www.econbiz.de/10010790566
In its Green Paper on a 2030 framework for climate and energy policies, the European Commission calls for a framework for the future development of environment and energy policy beyond 2020. However, much like the Energy Roadmap 2050 adopted by the Commission in December 2011, the Green Paper is...
Persistent link: https://www.econbiz.de/10010818205
The significance of natural gas is on the rise due to the restructuring and decarbonization of energy systems worldwide. Natural gas is widely available and flexible as it can be used in electricity generation, manufacturing, transport, and private households. Compared to other fossil fuels,...
Persistent link: https://www.econbiz.de/10010818208
Grid optimization, capacity increases, and grid expansion all play a key role in the development of the German power generation system. Thanks to transmission system operators’ foresightedness with regard to grid planning, as well as generous financial incentives related to grid expansion,...
Persistent link: https://www.econbiz.de/10011185716
Natural gas is a significant contributor to European energy supply. Hence, the political crisis between Russia and Ukraine increases fears of the consequences of Russia suspending natural gas supplies to Ukraine and the European Union. The last time this had occurred was in the winter of 2009...
Persistent link: https://www.econbiz.de/10010896090
In January 2014, the European Commission proposed a framework for its climate and energy policy up to 2030. It includes targets for reducing greenhouse gases and using renewable energies, but no specific targets for increasing energy efficiency. By 2030, greenhouse gas emissions are to be...
Persistent link: https://www.econbiz.de/10010896099
Coal-fired power stations are responsible for around a third of Germany's carbon emissions. Failure to reduce the persistently high level of coal-fired power generation threatens Germany's climate targets for 2020 and 2050 and undermines a sustainable energy transition. Calculations by DIW...
Persistent link: https://www.econbiz.de/10010886164
Three years after the nuclear catastrophe in Fukushima one observes a certain momentum with regard to lifetime extensions as well as some interest in new building ofnuclear power plants. Advocates of nuclear power argue in term of low-cost electricity generation, a secure supply as well as a...
Persistent link: https://www.econbiz.de/10011266545
In the face of interest rates having hit their zero lower bound in major economies, large-scale asset purchases have become an important weapon of central banks in recent years. It is, however, not clear whether and under which circumstances such policy measures produce the desired effects. This...
Persistent link: https://www.econbiz.de/10011240793
Not just since the European Central Bank announced the large-scale purchase of government bonds a few weeks ago, large-scale asset purchases have always been a controversially discussed topic. This DIW Roundup summarizes the measures that have been taken by central banks in Japan, USA and UK and...
Persistent link: https://www.econbiz.de/10011245938