The pace of the global decarbonization process is widely believed to hinge on the rate of cost improvements for clean energy technologies, in particular renewable power and energy storage. This paper adopts the…
Carbon pricing is a key instrument for achieving Europe’s ambitious climate targets. It is therefore not surprising that reform of the EU carbon market is at the heart of the measures proposed by the European…
In the transition to decarbonized energy systems, Power-to-Gas (PtG) processes have the potential to connect the existing markets for electricity and hydrogen. Specifically, reversible PtG systems can convert…
In the intensifying public debate about limiting the harmful effects of climate change, many global corporations have recently articulated so-called “net-zero” goals for reducing and ultimately eliminating their…
This paper examines how optimal renewable energy (RE) support (RES) policies need to be adjusted to account for carbon prices. We show theoretically and empirically that changing carbon prices requires adjusting…
Marcel Mauss wrote in 1924 that he had found in the motifs of the "archaic" gift exchange of pre-modern societies "one of the rocks on which our societies rest" (Mauss, 1990, p.19). Gift practices persist in…