One of the cornerstones to reach a decarbonised energy system by 2050 is the inclusion of a set of flexibility solutions into the energy system to cover the need for flexibility on all timescales. Such flexibility services can come in different ways such as sector coupling, energy storage,...

The aim of this study was to analyse energy subsidies and other financial support distributed in the EU27, at the national level, over the period 2015 to 2022 and, when data is available, to 2023. Quantitative analyses of the volume (in euros) and trends of subsidies are provided, with the...

The aim of this study was to analyse energy subsidies and other financial support distributed in the EU27, at the national level, over the period 2015 to 2022 and, when data is available, to 2023. Quantitative analyses of the volume (in euros) and trends of subsidies are provided, with the...

The demand for critical minerals is rising in support of the low-carbon energy transition, as well as global economic growth. Despite its hostile environment, the Arctic is a region with historic and existing mineral production. This paper assesses the potential of the Arctic to make a...

We study the aggregate, distributional, and welfare effects of fiscal policy responses to Germany’s energy crisis using a novel Ten-Agents New-Keynesian (TENK) model. The energy crisis, compounded by the COVID-19 pandemic, led to sharp increases in energy prices, inflation, and significant...

Industrial policy has a long history, having been used by many governments to encourage economic development through the provision of direct financial support and/or supportive regulations to specific sectors and industries. Over the past decade, the energy transition has increasingly forced...

Russia’s invasion of Ukraine in 2022 was accompanied by a significant reduction of its gas supply to Europe, causing sharp energy price surges and prompting governments to respond with public appeals and programs aimed at reducing consumption. This paper investigates the effects of price...

Individuals trade present for future consumption across a range of economic behaviors, and this tradeoff may differ across socioeconomic groups. To assess these tradeoffs, we estimate a dynamic model of residential solar adoption and system sizing in California using household-level data on...

We construct a New-Keynesian E-DSGE model with energy disaggregation and financial intermediaries to show how energy-related fiscal and macroprudential policies interact in affecting the euro area macroeconomy and carbon emissions. When a shock to the price of fossil resources propagates through...

Die Bundesregierung steht auch in der kommenden Legislaturperiode vor vielfältigen und komplexen Herausforderungen in der Klima- und Energiepolitik. Bei CO2-Bepreisung, Infrastrukturausbau, Kohlenstoffmanagement, Anpassung an den Klimawandel und Verteilungsfragen sind langfristige...

Greater Asia is emerging as a major factor in the global energy transition. This shift is associated with growing independence from external actors such as the European Union and the United States, with unfolding developments increasingly concentrated within the region itself. Key trends include...

Central Asian economies, particularly Kazakhstan and Uzbekistan, are pursuing increasingly ambitious goals for renewable energy. Apart from China - an established player in the market - it has increasingly been Gulf countries that have been implementing respective projects, particularly Saudi...

The revolution of deregulation that swept national markets with particular force in the Americas was followed by the rise of complex and diverse regulatory institutions. Mexico was the poster child of governance by regulators as, in the 2000s and 2010s, its governing being used, in the energy...

The German "traffic light" (Ampel) coalition has set ambitious new energy transition targets. Using an open data tool developed at DIW Berlin, we discuss the progress and challenges of selected indicators. Since the government took over, photovoltaic capacity increased by 45 % to 87 GW by April...

Anhand einer repräsentativen Umfrage unter Beschäftigten analysiert das vorliegende Paper die Zustimmung zu energiepolitischen Maßnahmen und die Wahrnehmung sozio-ökonomischer Folgen entlang politischer Parteipräferenzen. Zwischen den parteipolitischen Linien "Mitte links" (SPD, Grüne, Die...

Beim BRICS-Gipfel im russischen Kasan kam es diesen Oktober einmal mehr zur innigen Umarmung zwischen dem indischen Premierminister Narendra Modi und Russlands Machthaber Wladimir Putin. Seit im Februar 2022 die russische Vollinvasion in der Ukraine begonnen hat, gelten die engen Beziehungen...

Following the Russia-Ukraine war, the issue of energy security has once again surged to the forefront of global discussions. The disruption and threats to global energy security caused by the war have starkly exposed the vulnerability of energy supply chains, accentuating the pressing need for...

This gas-focused edition of the Oxford Energy Forum updates the scorecard on the key issues driving medium to long-term gas demand prospects in key consuming countries. Whether it is European climate policy and the regulation of decarbonized gases, the demand outlook for Asian industrial...

"The war in Ukraine, with the exposure of nuclear power stations and the danger of atomic warfare, has made the legacy of the Soviet nuclear sector of critical importance. The two authors map the Soviet nuclear industry in a shifting historical context, making sense of a complex socio-technical...

Purpose - A study of Association of Southeast Asian Nations (ASEAN) member states' (AMS) norm entrepreneurial practices regarding the energy transition to reveal insights into its current and future governance. Design/methodology/approach - Understanding why the notion of an energy transition...

Purpose - The transition from fossil fuel-based energy systems to renewable energy sources, commonly referred to as the energy transition, is essential for combating climate change. However, comprehensive studies that thoroughly examine the financial mechanisms involved in this process are...

We study the potential effects on the real economy and welfare of four fiscal policy responses to an energy supply shock: energy vouchers to all households, only to lowincome households, or to non-energy goods producers, and subsidies for investments in the energy sector. The analysis relies on...

This study probes the relationship between price and traded volume in electricity exchanges worldwide. Deploying the generalised method of moments estimation on panel data from the day-ahead market of exchanges in 20 countries for the period 2015-2020, this study finds that an increase in the...

The EU is committed to reducing its greenhouse gas (GHG) emissions to net zero by 2050 at the latest and to aiming to achieve net negative emissions thereafter. Achieving these objectives requires adapting and developing the EU's energy infrastructure in a way that supports rapid...

The heating and cooling sector is an important contributor to air pollution, with various factors influencing the trends observed in pollutant emissions. A comprehensive understanding of these factors is crucial for developing effective strategies to mitigate the environmental impact of the...