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With the share of renewable energies within the electricity sector rising, improving their market (i.e. inclusion in the allocative processes of the electricity market) and system integration (i.e. enhanced responsibility for grid stability) is of increasing importance. To transform the energy system efficiently while ensuring security of supply, it is(More)
In recent years, the accumulated environmental problems resulting from excessive usage of fossil fuels have gradually loomed. Thus, an environmental tax, as an important policy tool, has been put on the agenda in China. In this paper, a dynamic recursive multi-sector Computable General Equilibrium (CGE) model is applied to explore the impacts of the(More)
It is often argued that energy policy is too fragmented across EU Member States and should be “Europeanized” to pave the way towards an efficiently organized European power system, which rest on the internal market for energy and a pan-European super-grid. However, this view neglects i) the factual heterogeneity of European energy policies in terms of(More)
In this paper, we analyze the rationale for an energy policy mix when the European Emissions Trading scheme (ETS) is considered from a public choice perspective. That is, we argue that the economic textbook model of the ETS implausibly assumes 1) efficient policy design and 2) climate protection as the single objective of policy intervention.(More)
The analysis of useful exergy (UE), which is the minimum amount of work required to produce a given end-use, provides insights on the relationships between structural changes and energy transitions because it focuses on what energy is used for, i.e., energy services, rather than where it comes from, i.e., energy carriers. In this paper, UE was accounted for(More)
In 2009, the implementation of feed-in tariff (FIT) and attractive public subsidies for onshore wind farms aroused great investment enthusiasm and spurred remarkable development of wind power in China. Meanwhile, rapid learning-by-doing has significantly cut down the cost of wind turbines and the capital cost of wind farms as well. Therefore, it is the(More)
Driven by the growing awareness of the finite nature of fossil raw materials and the need for sustainable pathways of industrial production, the bio-based economy is expected to expand worldwide. Policy strategies such as the European Union Bioeconomy Strategy and national bioeconomy strategies foster this process. Besides the advantages promised by a(More)
This paper reveals that logistics may conservatively amount to 18% of the levelized cost of energy for offshore wind farms. This is the key finding from an extensive case study carried out within the organization of the world’s leading offshore wind farm developer and operator. The case study aimed to, and produced, a number of possible opportunities for(More)