In environmental economics there is a growing literature on the valuation of environmental externalities using consumer willingness to pay, which is a relevant input for welfare analysis of projects targeting…
This paper examines the effect of an investigation report by the competition authority on the pass-through of EU emission allowance (EUA) prices to German electricity wholesale prices.
Energy efficiency regulation is an important driver for innovations in environmental technologies. Improvements of energy efficiency do not only contribute to reach environmental policy targets, they can be…
Energy efficiency improvements, i.e. a more prudent use of scarce and polluting resources while simultaneously maintaining a certain level of output, are considered one of the most promising measures to meet…
Fuel poverty may become an increasingly severe problem in developed countries in cases when real prices for fossil fuels increase at high rates or when real energy prices increase due to policies for greenhouse…
In this paper we examine the nonlinear relation between the EUA price and its fundamentals, such as energy prices, macroeconomic risk factors and weather conditions. By estimating a Markov regime-switching…
