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    • Publications (5)
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    • Sustainable Development (2)
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  1. Publication

    The Risk Markup of Intermittent Renewable Supply in German Electricity Forward Markets

    01.09.2019

    Renewable energy sources such as wind or solar power currently make up a large share of the total German electricity supply as a result of the German en

  2. Publication

    Dynamic analysis of the German day-ahead electricity spot market

    01.09.2016

    This paper analyzes the dynamic behavior of day-ahead spot prices in the German electricity spot market due to positive structural shocks in wind and so

  3. Publication

    On the Robustness of Marginal Abatement Cost Curves: The Influence of World Energy Prices

    01.01.2003

    Since the study of Ellerman and Decaux (1998) marginal abatement cost curves (MACCs) have become one of the favorite instruments to analyze the impacts of the implementation of the Kyoto Protocol and emission trading. This paper shows that the MACC...

  4. Publication

    Marginal abatement cost curves in general equilibrium: The influence of world energy prices

    01.01.2006

    Marginal abatement cost curves (MACCs) are a favorite instrument to analyze international emissions trading. This paper focuses on the question of how to defineMACCs in a general equilibrium context where the global abatement level influences energy...

  5. Publication

    The determinants of allowance prices in the European Emissions Trading Scheme - Can we expect an efficient allowance market 2008?

    01.11.2007

    The European emissions trading scheme (EU-ETS) for CO2 is the largest existing emissions trading scheme in the world. The main reason for the implementation of this scheme is to reach the European Kyoto targets at minimal cost and to establish a...

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