Publications of the Research Unit Environmental and Climate Economics

  1. ZEW Discussion Paper No. 21-074 // 2021

    Support for Renewable Energy: The Case of Wind Power

    Successful decarbonization of the electricity sector hinges on the support of the public, which is at risk when electricity generation emits local externalities. This paper estimates the impact of wind…

  2. Refereed Journal // 2021

    Insurance against extreme weather events: An overview

    Extreme weather events increasingly threaten the economic situation of households and enterprises around the world. Insurance against extreme weather events is among the climate change adaptation instruments…

  3. ZEW Discussion Paper No. 21-068 // 2021

    Cross-Country Spillovers of Renewable Energy Promotion – The Case of Germany

    Electricity generation based on renewable energy (RE) sources such as wind and solar replace the most expensive generators that often rely on fossil fuels. In response to RE promotion, wholesale…

  4. ZEW Discussion Paper No. 21-067 // 2021

    Between- and Within-Country Distributional Impacts from Harmonizing Carbon Prices in the EU

    This paper examines the distributional impacts from (i) harmonizing prices for carbon dioxide emissions across sectors and EU countries and (ii) using alternative rules for carbon revenue distribution. We…

  5. ZEW Discussion Paper No. 21-065 // 2021

    Intermittent Versus Dispatchable Power Sources: An Integrated Competitive Assessment

    The cost and revenue earnings potential of alternative power generation sources has shifted considerably in recent years. Here we introduce the concept of Levelized Profit Margins (LPM) to capture the changing…

  6. ZEW Discussion Paper No. 21-064 // 2021

    The Economic and Climate Value of Flexibility in Green Energy Markets

    This paper examines how enhanced flexibility across space, time, and a regulatory dimension affects the economic costs and CO2 emissions of integrating large shares of intermittent renewable energy from wind and…

  7. Refereed Journal // 2021

    The climate and health benefits from intensive building energy efficiency improvements

    Intensive building energy efficiency improvements can reduce emissions from energy use, improving outdoor air quality and human health, but may also affect ventilation and indoor air quality. This study examines…

  8. Refereed Journal // 2021

    The political economy of negotiating international carbon markets

    International carbon markets are a cost efficient instrument for achieving a given CO emissions target. This paper identifies the conditions under which participating governments benefit from the…