Government support for green technologies and renewable energy (RE) in particular has become an integral cornerstone of economic policy for most industrialized economies. Due to competitive price determination and supposedly higher efficiency, auctions have in recent years widely succeeded...

With the debt obligation of Itaipu Binational being completed paid off by 2023, the Annex C of the Treaty of Itaipu, which governs the operation and revenue distribution of the Itaipu Dam, is due for review and possible revisions. The implications for Paraguay's export revenues and fiscal...

The European Green Deal, which aims to steer the EU towards climate neutrality, has traditionally been met with a degree of reluctance by the Visegrád countries. The convergence to green targets represents a particular challenge for these economies, given their fossil fuel-intensive industrial...

There is substantial literature on the determinants of renewable energy consumption. This growing interest is related to the fact that renewable energy is not only one of the main drivers of greenhouse gas mitigation but also its contribution to the achievement of other sustainable goals....

Exclusion zones, like protected areas or setback distances, are the most common policy instrument to mitigate environmental impacts of human land-use, including the deployment of renewable energy sources. While exclusion zones may provide environmental benefits, they may also bring about...

In this article we investigate the role of “Renewable Energy Consumption” in the context of Circular Economy. We use data from the World Bank for 193 countries in the period 2011-2020. We perform several econometric techniques i.e., Panel Data with Fixed Effects, Panel Data with Random...

Using a large sample of 44 countries for 2007‒2020, we provide evidence that green finance (green bonds) significantly fosters renewable energy production. Our results are robust to addressing cross-sectional dependence concerns, allowing structural breaks, and using several alternative...

Ambitious plans to decarbonise electricity will require high levels of variable renewable electricity (VRE). At high VRE penetration, the surplus that cannot be exported must be curtailed. Marginal curtailment is 3-4+ times average curtailment for wind, higher for solar PV, but even in...

Optimizing the electrical structure and realizing sustainable development are the key points of electricity market. China has introduced renewable energy development policy on the basis of carbon emission trading (CET), including feed-in premium (FIP), renewable portfolio standard (RPS) and its...

Green economic recovery in the post-corona era has been proposed as an effective discourse in the field of solving environmental and ecological threats. In this paper, the effect of trade in green energy utilities and green economic growth in Central and Eastern European countries from 2010 to...

Despite some progress, the Group of Seven (G7) have yet to act collectively to foster a low-carbon transition of their economies. This paper outlines such a strategy, which would also encourage other economies to follow suit. This strategy has three elements. First, the G7 should agree to end...

Steelmaking is one of the two largest industrial contributors to climate change, accounting for 7-9% of global CO2 emissions. To achieve drastic emission reduction in the steel sector, integrating breakthrough low-carbon technologies such as carbon capture and storage (CCS) technology and...

The importance of new and renewable en-ergy has been drawing attention since the Paris Climate Agreement was adopted in 2015. In response to the Paris Climate Agreement, the Korean government declared carbon neutrality by 2050 and announced policy plans to create a low-carbon ecosystem in 2020....

Green parties are commonly seen as strong proponents of wind power. This paper presents an alternative view, examining data from the highly decentralized institutional setup in Sweden where approval of wind power applications is delegated to local governments. I demonstrate that the approval...

The paper attempts to suggest Policy Recommendations for the following components of Renewable Energy Innovations Policy:1. Policy incentives for academia to prioritize Renewable Energy Innovations 2. Policy incentives for startups and new ventures in Renewable Energy Innovations 3. Policy...

Energy transition requires significant increases in investment in renewable energy. To support this process, reliable and accurate data on feasibility of available technologies and consumer demand are required. This paper uses a choice experiment to assesses consumer support for energy...

Energy policies in China, including adopting renewable energy and thermal efficiency improvement, are expected to reduce carbon emissions associated with energy production. This study estimates the effects of energy choices on CO2 emissions and CO2 intensity using panel data for 2,741 counties...

We analyse the (techno- and macro-)economic and distributive effects of a transformation to a renewable electricity system in Austria by 2030, as stipulated by the Austrian government. For the analysis, the macroeconomic model DYNK and ATLANTIS, a partial model of the electricity market, were...

We analyse the (techno- and macro-)economic and distributive effects of a transformation to a renewable electricity system in Austria by 2030, as stipulated by the Austrian government. For the analysis, the macroeconomic model DYNK and ATLANTIS, a partial model of the electricity market, were...

We study the spatial misallocation resulting from subsidies for residential solar panels in the US and quantify the associated environmental costs. We build a structural model of solar panel demand and electricity production across the country and estimate the model by combining 1) remotely...

Growing numbers of plug-in electric vehicles in Europe will have an increasing impact on the electricity system. Using the agent-based simulation model PowerACE for ten electricity markets in Central Europe, we analyze how different charging strategies impact price levels and production- as well...

We investigate the optimal regulation of energy production reflecting the long-term goals of the Paris Climate Agreement. We analyze the optimal regulatory incentives to foster the development of non-emissive electricity generation when the demand for power is served either by a monopoly or by...

China has formulated the carbon emissions trading (CET) system and renewable portfolio standards (RPS) to address climate change. Meanwhile, the construction of the single provincial electricity market and intra-provincial -interprovincial coupling electricity market is underway in China. This...

Our paper applies a time-varying parameter vector autoregression (TVP-VAR) in combining an extended joint connectedness approach to prove interlinkages among carbon emissions futures and the volatility of the renewable energy sector. The findings show that the system-wide dynamic connectedness...

Although China has become a major trading partner of the EU, the EU-China relationship has deteriorated over the last decade. This has been demonstrated, for example, by disputes over trade issues, unequal treatment of EU investors by Beijing, frictions over the transfer of intellectual...

Solar adoption exploded until 2015 in Bangladesh, setting a precedent for electrifying previously unconnected areas worldwide. This study tries to measure the welfare effects of solar adoption using the three rounds of the Bangladesh Integrated Household Surveys. We applied both ordinary least...

Deutschland steht vor der Herausforderung sich zügig aus der Abhängigkeit der fossilen Energien zu lösen. Dazu ist ein umfassender Umbau des Energiesystems notwendig. Die Windenergie an Land gehört zu den wichtigsten Erzeugungsquellen, die in großem Maßstab entwickelt werden müssen, um...

The US Inflation Reduction Act (IRA) promotes renewable energy and contributes to climate protection, but also offers generous tax credits and subsidies to incentivize production in the United States. While the planned generosity of the program has sparked an intense debate about potential...

This paper analyses an electricity market in which a monopolist that employs fossil-fuel base-load and peak-load technologies competes against a fringe of renewable energy (RE) generators. The optimal technology and electricity mix can be decentralised by levying technology-dependent capacity...

This study examines the impact of feed-in tariffs (FITs) on promoting investments in renewable energy (RE) in Southeast Asia. Using a unique annual firm-level dataset from six Southeast Asian economies from 2012 to 2021, we find robust evidence that FITs in Southeast Asian economies...

Die Auswirkungen des IRA auf die heimische Wirtschaft der Vereinigten Staaten sind umstritten. Empirische Studien zu den Auswirkungen des IRA auf Handelspartner, insbesondere Deutschland, liegen nicht vor. Deskriptive Statistiken zeigen, dass die Vereinigten Staaten insbesondere im Bereich der...

Renewable energy installations are rapidly gaining market share due to falling technology costs and supportive policies. Meanwhile, the energy price crisis resulting from the Russian-Ukrainian war has shifted the energy policy debate toward the question of how consumers can benefit more from the...