Contributions to the institutional economics of the energy transition

Klaus Eisenack, Julien Minnemann, Paul Neetzow and Felix Reutter

No V-385-15, Working Papers from University of Oldenburg, Department of Economics

Abstract: What can institutional economics offer to analyze and shape the transformation of electricity systems towards a low-carbon future? This volume presents papers from a postgraduate research course in “Sustainability Economics and Management” in the winter term 2014/15. The introductory chapter sketches potential contributions from institutional economics and provides an overview of the course’s topic and the other chapters. The second chapter presents an institutional comparison of different options to integrate electricity storage into the system. The third chapter analyses the effect of different market structures for investment in electricity storage. The final chapter proposes and investigates a novel auctioning mechanism for offshore grid expansion.

Keywords: power; energy; capacity; efficient storage deployment; competitive market; electricity; intermittent RES; system stability; economic efficiency; institutional analysis; Germany; wind energy; network expansion; incentives for cost efficiency; construction and operation bidding; institutional market design (search for similar items in EconPapers)
Pages: 81 pages
Date: 2015-10, Revised 2015-10
New Economics Papers: this item is included in nep-ene and nep-reg
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Published in Oldenburg Working Papers V-385-15

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Persistent link: https://EconPapers.repec.org/RePEc:old:dpaper:385

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