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…
The perception of market efficiency is quite different from the reality of market efficiency. We show using a large survey of German market forecasters that few respondents consistently believe that the stock…
COVID-19 placed a special role on fiscal policy in rescuing companies short of liquidity from insolvency. In the first months of the crisis, SMEs as the backbone of Germany’s economy benefited from large and…
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…