Economy
Third Party Funds Group - Sub project
Start date : 29.07.2011
End date : 31.12.2015
Extension date: 31.12.2016
Website: http://www.encn.de/de/ueber-uns/gruendungsprojekte/economy/
Overall project details
Overall project
Energie Campus Nürnberg (EnCN1)
Project details
Scientific Abstract
Scientific Abstract
The general framework of energy trade, the decisions concerning regulatory interventions and the deployment of climate-policy instruments demonstrably affect energy prices, investment incentives and the success of innovations. This project is aimed at exploring the impact of market designs and regulation on the said decisive economic factors.
Research focuses on:
- Analyzing different pricing rules applied at the electricity stock exchange;
- Analyzing the effects of different climate-policy instruments such as emissions trade, feed-in tariffs or quota regulations on investment and innovation incentives, and other issues;
- Actively participating in the ongoing debate on energy policies; and
- Analyzing the economic impact and opportunities of innovative technologies on power grids (e.g., “smart grids” or “smart metering”).
The project group mainly focuses on the effects of political decisions regarding the economy and climate on the composition of power plant parks and the long-term opportunities and risks different technologies have to offer. One of the central points is the percentage of renewable energy that can be attained from power generation in the long term.
The work methods applied by the project group are a combination of theoretical, empirical and experimental approaches.
