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Energy & Climate @ WiSo

1. EWI / Energy Economics

Russia extends its Baltic gas pipeline. Does this improve the EU’s security of gas supply? What are the economic effects of the pipeline for Eastern European countries? These questions  and many more on electricity, renewables, Energiewende, natural gas, coal, and oil are dealt with at the Institute of Energy Economics, EWI.

2. Climate Change Negotiations

Is the Paris Accord really a breakthrough in our fight against climate change? Axel Ockenfels is skeptical and proposes, together with many leading economists, an alternative in his book on climate change negotiations.

3. UoC Emerging Group ET-CC (Energy Transition and Climate Change)

The deployment of wind and solar in electricity generation is increasing rapidly, and with this the dependency on weather conditions. An interdisciplinary research group of economists and meteorologists investigates the effects of weather, weather forecasts, and climate change on the electricity system. ET-CC Project

4. Wind power and security of electricity supply

Assembling all wind generation at windy locations, e.g., in the German North Sea, is like putting all eggs in one basket. Perhaps it is better to choose some locations with less wind, but where the wind blows when there is a calm in the North Sea? Simeon Hagspiel analyzes the value of wind generators for the security of electricity supply, depending on their location and the interdependencies of weather conditions.

5. Energy consumption behavior

An extensive warm shower is a nice thing – but we know that it consumer scarce resources. Can feedback on our energy consumption motivate us to use less? Does comparative feedback (“how much more/less do I consume compared to my peers?”) have a stronger effect? In an ongoing research project, Bettina Rockenbach and Matthias Sutter investigate these questions.

6. Emission Trading System (ETS) reforms and prices for emission allowances

There is an ongoing debate on how to design the next phase of European ETS post 2020. To improve our understanding of the effect of design changes, Jörg Breitung and Co-authors investigate how recent changes of the system have affected the price of emission allowances. Jörg Breitung, Christian Growitsch, Benjamin Tischler: The EU ETS 3rd Trading Period and Price Formation

7. Co-ordination of Energy Policies

Initiatives for reforms of the energy systems are undertaken on many political levels: the European Union, member states, German „Bundesländer“, and even at the local community level. An interdisciplinary workshop discussed the “Mulit-level co-ordination of the Energiewende”.

Emission Trading System (ETS) reforms and prices for emission allowances - Jörg Breitung