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Displaying results 1 to 9 of 9.

  1. The many channels of firm's adjustment to energy shocks
    evidence from France
    Author: Fontagné, Lionel; Martin, Philippe J.; Orefice, Gianluca
    Published: July 2023
    Publisher:  CESifo, Munich, Germany

    Based on firm level data in the French manufacturing sector, we find that firms adapt quickly, strongly and through multiple channels to energy shocks, even though electricity and gas bills represent a very small share of their total costs. Over the... more

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    Based on firm level data in the French manufacturing sector, we find that firms adapt quickly, strongly and through multiple channels to energy shocks, even though electricity and gas bills represent a very small share of their total costs. Over the period 1996-2019, faced with an idiosyncratic energy price increase, firms reduce their energy demand, improve their energy efficiency, increase intermediate inputs imports and optimize energy use across plants. Firms are also able to pass-through the cost shock fully on their export prices. Their production, exports and employment fall. A consequence of these multiple adjustment mechanisms is that the fall in profits is either non-significant, small or specific to only the most energy intensive firms. We also find that the impact of electricity shocks has weakened over time, suggesting that only firms able to adapt their production process to energy cost shocks have survived. Importantly, when faced with large electricity and gas price increases, firms are less able to reduce their consumption. These results shed light on the mechanisms of resilience of the European manufacturing sector in the context of the present energy crisis.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/279298
    Series: CESifo working papers ; 10548 (2023)
    Subjects: energy crisis; employment; production; competitiveness; electricity; gas
    Scope: 1 Online-Ressource (circa 55 Seiten), Illustrationen
  2. Perfect so far?
    substitutability between wind & solar and dirty electricity generation
    Author: Wiskich, Anthony
    Published: 2023
    Publisher:  Australian National University, Crawford School of Public Policy, Canberra

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: CAMA working paper series ; 2023, 27 (June 2023)
    Subjects: elasticity of substitution; climate change; energy; electricity; production function
    Scope: 1 Online-Ressource (circa 23 Seiten), Illustrationen
  3. Market design for the procurement of reactive power
    the current state in Germany
    Author: Pechan, Anna; Buchmann, Marius
    Published: December 2023
    Publisher:  Constructor University Bremen, Bremen Energy Research (BER), Bremen

    The market-based procurement of system services for network operators is gaining momentum in the current debate about the future market design in the energy sector. Since current sources of reactive power are primarily fossil-fuel power plants which... more

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    The market-based procurement of system services for network operators is gaining momentum in the current debate about the future market design in the energy sector. Since current sources of reactive power are primarily fossil-fuel power plants which will not be available in a carbon neutral energy system, reactive power will be sources from distributed assets in the electricity networks. The German regulator has proposed new rules for reactive power procurement, which are based on three pillars: The technical connection agreements, fully integrated network components owned by the network operators and market-based procurement. While this approach is primarily aiming at the reactive power demand on the transmission grid level, assets from the medium voltage grid can participate in this process as well. We evaluate this approach from an economic perspective and conclude that while such a three-pillar system can secure an effective provision of reactive power, the efficiency heavily depends on the regulatory system and that it provides the correct incentives for the network operator.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/283475
    Series: Bremen energy working papers ; no. 46
    Subjects: reactive power; electricity; network; market design
    Scope: 1 Online-Ressource (circa 17 Seiten), Illustrationen
  4. Is the electricity sector a weak link in development?
    Author: Colmer, Jonathan; Lagakos, David; Shu, Martin
    Published: December 2023
    Publisher:  CESifo, Munich, Germany

    This paper asks whether increasing productivity in the electricity sector can yield larger long-run GDP gains than suggested by electricity's small share of aggregate economic activity. We answer this question using a dynamic model in which... more

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    This paper asks whether increasing productivity in the electricity sector can yield larger long-run GDP gains than suggested by electricity's small share of aggregate economic activity. We answer this question using a dynamic model in which electricity is a strong complement to other inputs in production. We parameterize the model using our own new measures of electricity-sector TFP across countries. The model predicts modest long-run GDP gains from improving electricity-sector TFP, contrary to the notion that electricity is a weak link. Parameterizations that make electricity a weak link mostly require the electricity sector to be counterfactually large or unproductive.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/282562
    Series: CESifo working papers ; 10874 (2023)
    Subjects: electricity; economic development; weak link; TFP
    Scope: 1 Online-Ressource (circa 32 Seiten), Illustrationen
  5. Is the electricity sector a weak link in development?
    Author: Colmer, Jonathan; Lagakos, David; Shu, Martin
    Published: [2023]
    Publisher:  Centre for Economic Performance, London School of Economics and Political Science, London

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Discussion paper / Centre for Economic Performance ; no. 1970 (January 2024)
    Subjects: electricity; economic development; weak link; TFP
    Scope: 1 Online-Ressource (circa 33 Seiten), Illustrationen
  6. Redistribution through technology
    equilibrium impacts of mandated efficiency in three electricity markets
    Author: Liski, Matti; Vehviläinen, Iivo
    Published: [2023]
    Publisher:  MIT Center for Energy and Environmental Policy Research, Cambridge, MA, USA

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper series / MIT Center for Energy and Environmental Policy Research ; 2023, 10 (April 2023)
    Subjects: Information technology; frictions; trade; electricity
    Scope: 1 Online-Ressource (circa 56 Seiten), Illustrationen
  7. Resilience regulation
    an incentive scheme for regulated electricity network operators to improve resilience
    Author: Brunekreeft, Gert; Buchmann, Marius; Palovic, Martin; Pechan, Anna
    Published: May 2023
    Publisher:  Constructor University Bremen, Bremen Energy Research (BER), Bremen

    This paper presents an approach for resilience incentives in the regulation of electricity network operators. Resilience is the ability of the power system to deal quickly and efficiently with large-scale and long-lasting power interruptions. It... more

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    This paper presents an approach for resilience incentives in the regulation of electricity network operators. Resilience is the ability of the power system to deal quickly and efficiently with large-scale and long-lasting power interruptions. It comprises two related aspects: minimizing the damage caused by an outage and increasing the robustness of the system. The resilience regulation proposed in this paper contains two complementary parts. First, a resilience incentive mechanism, which aims at internalizing external effects of resilience improvement. This part relies on so-called duration-dependent consumer damage functions (CDFs). Second, a forward-looking budget approach with a sharing factor to strengthen incentives for resilience expenses within regulatory constraints.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/283364
    Series: Bremen energy working papers ; no. 44
    Subjects: resilience; electricity; network; regulation
    Scope: 1 Online-Ressource (circa 22 Seiten), Illustrationen
  8. Trajetória recente e características regionais do consumo de energia elétrica para famílias de baixa renda no Brasil a partir dos dados do programa TSEE (2014-2021)
    Author: Silva Filho, Edison Benedito da; Homsy, Guilherme Vampré
    Published: maio de 2023
    Publisher:  Instituto de Pesquisa Econômica Aplicada, Rio de Janeiro

    This study analyzes the recent trajectory and regional characteristics of electricity consumption among low-income families in Brazil, using data from beneficiaries of the Tarifa Social de Energia Elétrica (TSEE) program. It also seeks to assess the... more

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    This study analyzes the recent trajectory and regional characteristics of electricity consumption among low-income families in Brazil, using data from beneficiaries of the Tarifa Social de Energia Elétrica (TSEE) program. It also seeks to assess the impacts of restrictive measures and regulatory changes implemented throughout 2020 to contain the pandemic on the behavior of residential electricity consumers in Brazil. The paper presents a new methodology for evaluating the economic impacts of the TSEE based on detailing the program's data at the regional level, as well as simulating changes in the electricity consumption of the program's beneficiaries in response to changes in the price of the public service offered. Evidence was found that the recent rise in electricity supply costs (notably from 2014 onwards) produced significant and differentiated negative effects for the country's regions, increasing inequalities in access to electricity and in the amount consumed. by low-income households in the country. In turn, the federal government's financial aid measures for low-income families in the period considered most critical for coping with the covid-19 pandemic, in the second half of 2020, do not seem to have produced major impacts in terms of changing their pattern of energy consumption, as well as on the regional discrepancies already observed in the low-income consumer market in Brazil.

     
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    Source: Union catalogues
    Language: Portuguese
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/284998
    Series: Texto para discussão / Ipea ; 2876
    Subjects: electricity; price elasticity of demand; cross subsidies
    Scope: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  9. The power to conserve
    a field experiment on electricity use in Qatar
    Author: Al-Ubaydli, Omar; Cassidy, Alecia Waite; Chatterjee, Anomitro; Khalifa, Ahmed; Price, Michael
    Published: November 2023
    Publisher:  London School of Economics and Political Science, London

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Centre for Climate Change Economics and Policy working paper ; no. 429
    Grantham Research Institute on Climate Change and the Environment working paper ; no. 404
    Subjects: consumer behaviour; electricity; energy; energy saving; household energy; Qatar
    Scope: 1 Online-Ressource (circa 48 Seiten)