Showing 1 - 10 of 21
In this paper, we study the predictive power of electricity consumption data for regional economic activity. Using … unique weekly and monthly electricity consumption data for the second-largest German state, the Free State of Bavaria, we … conduct a pseudo out-of-sample forecasting experiment for the monthly growth rate of Bavarian industrial production. We find …
Persistent link: https://www.econbiz.de/10013362425
interwoven in the electricity market as the producers of green electricity are also the suppliers of TGCs. In this paper, we … formulate an analytic equilibrium model for simultaneously functioning electricity and TGC markets, and focus on the role of … market power. We consider a Stackelberg leadership model with endogenous treatment of the interaction between the electricity …
Persistent link: https://www.econbiz.de/10011482473
We formulate a model with black, green and white certificates markets that function in conjunction with an electricity ….g. share of green electricity and share of energy saving/ efficiency increase.) The equilibrium solution adapts to changing …, or unchanged consumption of "black", "green" or "white" electricity. These, markets give thus a poor guidance for future …
Persistent link: https://www.econbiz.de/10011489375
We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord … increasing interaction between electricity and input prices on the one hand, and between electricity markets on the other. The …
Persistent link: https://www.econbiz.de/10009786078
Myriad policy measures aim to reduce greenhouse gas emissions from the electricity sector, promote generation from … lower electricity prices. Even with multiple market failures, emissions pricing remains the single most cost …
Persistent link: https://www.econbiz.de/10010344788
subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large … the total electricity market expenditures. The subsidies generate net gains to consumers. We develop an approach to …
Persistent link: https://www.econbiz.de/10011573888
Proponents of Bitcoin argue that demand for electricity from Bitcoin miners can lead to an increase in renewable … electricity capacity. We rigorously evaluate this claim by estimating a Bitcoin electricity demand curve and include this demand … curve in a long-run model of the Texas electricity market. We find that while Bitcoin mining can indeed increase renewable …
Persistent link: https://www.econbiz.de/10013383628
This paper provides a novel approach to forecasting time series subject to discrete structural breaks. We propose a …
Persistent link: https://www.econbiz.de/10011450047
features of observed data and of forecasting oneperiod ahead output-gap and investment with a remarkable degree of accuracy. …
Persistent link: https://www.econbiz.de/10012119860
usefulness for forecasting real oil prices and global petroleum consumption. We find that world industrial production is one of …
Persistent link: https://www.econbiz.de/10012213172