Economic Disruptions in Long-Term Energy Scenarios – Implications for Designing Energy Policy

Kristina Govorukha, Philip Mayer, Dirk Rübbelke, Stefan Vögele

Fondazione Eni Enrico Mattei Working Papers  1276, 23.07.2019 | PDF Download

The main drivers of the transformation processes affecting electricity markets stem from climate policies and changing economic environments. In order to analyse the respective developments, modelling approaches regularly rely on multiple structural and parametric simplifications. The distorting effects can significantly affect the accuracy of long-term projections. In this study, we include information on economic discontinuities and evaluate their influences.

Supported by Federal Ministry for Economic Affairs and Energy