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This book provides an introduction to energy economics. It shows
how to apply general economic theory as well as empirical and
advanced econometric methods to explain the drivers of energy
markets and their development. Readers learn about the specific
properties of energy markets as well as the physical,
technological, environmental, and geopolitical particularities of
energy sources and products. The book covers all types of energy
markets, ranging from liquid fuels, gaseous fuels, and solid fuels
to electricity. It also addresses emission allowances, energy
efficiency, and nuclear risks. The authors discuss the engineering
properties of energy technologies including renewables, the
economics of natural resources and environmental protection, market
liberalization, and energy trade as well as the experience of the
German energy transformation. This book will serve students as a
textbook and practitioners as a reference for their understanding
of energy markets and their development.
This book provides an introduction to energy economics. It shows
how to apply general economic theory as well as empirical and
advanced econometric methods to explain the drivers of energy
markets and their development. Readers learn about the specific
properties of energy markets as well as the physical,
technological, environmental, and geopolitical particularities of
energy sources and products. The book covers all types of energy
markets, ranging from liquid fuels, gaseous fuels, and solid fuels
to electricity. It also addresses emission allowances, energy
efficiency, and nuclear risks. The authors discuss the engineering
properties of energy technologies including renewables, the
economics of natural resources and environmental protection, market
liberalization, and energy trade as well as the experience of the
German energy transformation. This book will serve students as a
textbook and practitioners as a reference for their understanding
of energy markets and their development.
Deutschland hat im internationalen Vergleich eines der
zuverlassigsten Elektrizitatssysteme. Jedoch befindet sich die
Elektrizitatsversorgung in einer Transformation von fossiler zu
regenerativer Erzeugung. Die Kosten der Versorgungssicherheit
werden aufgrund zusatzlichen Bedarfs an Investitionen in
Technologien wie Backup-Kraftwerke oder Speicher zukunftig
ansteigen. Welches Sicherheitsniveau ist fur die verschiedenen
Kunden tatsachlich gesellschaftlich optimal? Die Antwort auf diese
Frage hangt davon ab, welche Kosten Verbrauchern bei
Stromunterbrechungen entstehen. Unter Umstanden ist es sinnvoller,
Verbraucher kurzfristig abzuschalten, anstatt diese fur wenige
Stunden mit teuren Kraftwerken und Speichern zu versorgen. Hierfur
ist aber letztlich ein breiter gesellschaftlicher Konsens
hinsichtlich der Praferenzen zwischen Versorgungssicherheit,
Klimaschutz und Kernenergieausstieg notwendig. Aaron Praktiknjo
befasst sich in dieser Monographie mit diesen Fragestellungen und
liefert wertvolle methodische und empirische Hinweise."
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