Germany's current government is planning to realign its energy transition. Against this backdrop, this report provides an overview of current developments in key technologies and indicators for flexibility in the electricity sector. For photovoltaics, growth appears to be leveling off,...

Wind turbines offer significant environmental benefits but also create negative local externalities, such as noise and visual pollution, which can lead to local tensions and community resistance against the energy transition. This paper examines negative and positive externalities associated...

The rise of societal goals like climate change mitigation and energy security calls for rapid capacity growth in renewable electricity sources, yet citizens’ support is put to a test when such technologies emit negative local externalities. We estimate the impact of wind turbine deployment on...

The simulation of wind power, electricity load, and natural gas prices will allow commodity traders to see the future movement of prices in a more probabilistic manner. The ability to observe possible paths for wind power, electricity load, and natural gas prices enables traders to obtain...

Wind farm development, despite offering global benefits, often encounters local opposition fostered by local negative externalities and uncertain benefits. This study investigates the financial impact of wind farm development on host municipalities using Spanish municipality-level budget data...

For a long time, Norway has had resource rent taxes on oil- and natural gas extraction as well as on hydropower generation. Recently, resource rent taxes have also been levied on aquaculture, and wind power generation. This paper, gives a short overview of the rent theory, the basis for rent...

The expansion of wind energy projects in Indigenous territories has intensified debates about the social legitimacy of corporate practices. In the Isthmus of Tehuantepec, Oaxaca, the main wind corridor in Mexico, wind farms coexist with deeply rooted Zapotec governance systems, creating a...

We estimate household electricity demand responses to hourly prices under real-time pricing using Finnish smart-meter data, contrasting results under the European energy crisis with those from previously relatively stable market conditions. Methodologically, we show that the standard wind-based...

Germany's current government is planning to realign its energy transition. Against this backdrop, this report provides an overview of current developments in key technologies and indicators for flexibility in the electricity sector. For photovoltaics, growth appears to be leveling off,...

Die Energiewende leistet einen wesentlichen Beitrag zum Klimaschutz. Sie umfasst nicht nur den Ausbau der erneuerbaren Stromerzeugung, sondern auch deren Nutzung in den Verkehrs- und Wärmesektoren. Der DIW EnergiewendeMonitor beleuchtet den aktuellen Stand und die Trends des letzten Halbjahres...

Iceland's significant onshore wind energy potential remains untapped, with no operational wind farms despite recognized opportunities for over a decade. Two wind energy projects, approved under Iceland's Master Plan for Nature Protection and Energy Utilization - a legally enshrined...

Accurate wind power forecasting is crucial for the effective scheduling and scientific management of wind energy, enhancing the safety and reliability of power grids. To handle the inherent intermittency of wind energy, forecasting methodologies have evolved from traditional statistical models...

A dynamic modelling for heavy-tailed cylindrical time series is developed by combining score-driven models with a generalised Pareto-type cylindrical distribution. The proposed specification extends existing cylindrical models by allowing location, scale, concentration, and crucially, the tail...

Die Energiewende leistet einen wesentlichen Beitrag zum Klimaschutz. Sie umfasst nicht nur den Ausbau der erneuerbaren Stromerzeugung, sondern auch deren Nutzung in den Verkehrs- und Wärmesektoren. Der DIW EnergiewendeMonitor beleuchtet den aktuellen Stand und die Trends des letzten Halbjahres...

Weibull distribution is extensively used for wind resource assessment in fitting wind speed frequency distribution because of its reliability and simplicity. Its precision is highly dependent on the parameter estimation methods and different methods may result in varied results. This paper...

Price premia between day-ahead and intraday electricity markets are well documented and often attributed to factors such as forecast errors or market frictions. However, existing explanations provide limited insight into why these price premia can exhibit a systematic diurnal structure, as...

We estimate household electricity demand responses to hourly prices under real-time pricing using Finnish smart-meter data, contrasting results under the European en- ergy crisis with those from previously relatively stable market conditions. Method- ologically, we show that the standard...

Purpose: The objective of the paper is to highlight the volatility of wind energy production, the renewable source of energy whose output is the most difficult to predict due to its dependence on climatic factors. The present research helps to analyze the risks assumed both by the producers who...

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...

The spatial distribution of future renewable capacities is a key determinant for developing appropriate grid expansion plans. This is particularly relevant for onshore wind energy. Existing studies mostly extrapolate future installations based on existing capacities and available sites. As wind...

The expansion of wind power has the potential to make a major contribution to the mitigation of climate change. While wind power generates positive externalities at the global level by reducing carbon dioxide, it also generates negative externalities at the local level, such as noise pollution...

Replacing fossil fuels with renewable energy sources, including wind and solar power, is a validated approach for mitigating carbon emissions. To maximize renewable energy potential and account for costs and impacts of low carbon energy transitions, research models or modelling tools must...

This paper identifies electricity supply shocks by exploiting the fact that variations in wind speed at turbine locations are exogenous with respect to macroeconomic outcomes and drive electricity prices in European wholesale markets inframarginally. Instrumenting electricity price changes with...

As the global demand for sustainable energy intensifies, achieving economic growth without carbon emissions has become both a critical challenge and an opportunity. This study investigates the potential of five major clean energy sources-solar, wind, hydroelectric, nuclear, and geothermal...

Objective: The article aims to examine the impact of technological investments on the development of wind energy and photovoltaics in Central and Eastern European countries (CEE) belonging to the EU. Research Design & Methods: In the analysis of the impact of expenditure on technical...

Offshore wind is an important component of Europe’s energy and climate targets, but the EU and UK are falling short of their 2030 installation goals amid regulatory delays and rising costs. Meanwhile, Chinese original equipment manufacturers (OEMs) are competing in European tenders and...

Viet Nam has pledged to achieve net-zero emissions by 2050. This will require increasing diversity in Viet Nam's electricity supply, a transition to renewable electricity generation, and a reduction in the dependence on coal for electricity generation. Offshore wind holds significant potential...

Este informe analiza y destaca la oportunidad de Colombia para posicionarse como un actor clave a nivel global en el suministro de combustibles basados en hidrógeno verde para el transporte marítimo y otros sectores. El análisis evaluó la incipiente economía del hidrógeno verde en Colombia...