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ID: 124693

Critical microeconomic analysis of modelling the interaction of / Wittmann, Nadine

Wittmann, Nadine	Journal Article
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Publication

2013.

Summary/Abstract

This paper presents an alternative approach to a graphical analysis of the interaction of White Certificates with the EU emission trading scheme as the approach of Sorrell et al. (2009a contains the following aspects that require some clarification: first, the issue of a clearer distinction between conventional and alternative energy supply is brought up. Second, the concept of a minimum requirement for energy demanded is discussed. Third, the correlation between demand for energy and demand for energy efficiency measures is displayed in a more intuitive manner. The effects of introducing WCTS and EU ETS into the market setting are then analyzed accordingly.

Key Words

Energy Efficiency ; Energy Market ; Modelling ; EU ETS ; White Certificates ; Demand energy ;
Microeconomic analysis

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ID: 126486

Microeconomic analysis of decentralized small scale biomass based CHP plants—the case of Germany / Wittmann, Nadine; Yildiz, Ozgur

Wittmann, Nadine	Journal Article
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Publication

2013.

Summary/Abstract

Alternative energy sources, such as biomass CHP plants, have recently gained significantly in importance and action is due both on the large scale corporate level and on the small scale. Hence, making the scope and economic outline of such projects easily intelligible without losing relevant details seems a key factor to further promote the necessary developments. The model setup presented in this paper may therefore serve as a starting point for generating numerical results based on real life cases or scenarios. Its focus lies on the economic analysis of decentralized biomass CHP plants. It presents a new approach to analyzing the economic aspects of biomass CHP plants implementing a formal microeconomic approach. As Germany claims a leading role in the market for renewable energy production, the paper also takes a closer look on the effects of German energy policy with respect to biomass CHP plants.

Key Words

Biomass ; Renewable Energy ; CES Production Function

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ID: 125800

OPEC: how to transition from black to green gold / Wittmann, Nadine

Wittmann, Nadine	Journal Article
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Publication

2013.

Summary/Abstract

Global discussions on the reduction of Co2 emissions and the increasing interest in alternative energy sources and production technologies have started to concern oil exporting nations. International discussions on projects such as Desert Tec might also have sparked their interest to explore a possible diversification of their energy resource production portfolio. However, extremely low in-country retail prices of fossil fuels to date present a significant economic hurdle to such developments. This paper uses a formal model setup accompanied by intuitive graphical illustrations as well as a numerical example to analyze fossil fuel abundant nations' potential to transition to a supplier of renewable energy as well as possible pitfalls resulting from their status quo situation.

Key Words

OPEC ; Fossil fuels ; Renewable Energy

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