The energy system, fuelled by fossil resources, is at the heart of the climate problem. At the same time, the seamless supply of energy is crucial for the functioning of our economies and societies. Our research explores the economics of renewable energy, electricity markets, and energy system modelling. Combining theoretical analysis of incentives and market design with statistical and numerical optimization methods, we strive to inform and shape the global, European, and German energy transition. An important tool is our power market model EMMA.
Recent publications on energy policy
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Storage requirements in a 100% renewable electricity system: Extreme events and inter-annual variability, Environmental Research Letters, IOP Publishing, 2022 (Oliver Ruhnau, Staffan Qvist). pdf
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How flexible electricity demand stabilizes wind and solar market values: The case of hydrogen electrolyzers, Applied Energy, Elsevier, 2022 (Oliver Ruhnau). pdf
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Electricity balancing as a market equilibrium. An instrument-based estimation of supply and demand for imbalance energy, Energy Economics 102(105455), 2021 (Anselm Eicke, Oliver Ruhnau, Lion Hirth). pdf
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Reducing carbon emissions of households through monetary incentives and behavioral interventions: a meta-analysis, Nature Energy, 2021 (Tarun Khanna et al.)
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On capital utilization in the hydrogen economy, International Journal of Hydrogen Energy, 2020 (Schalk Cloete, Oliver Ruhnau, Lion Hirth). pdf
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Heating with Wind, Energy Economics, 2020 (Oliver Ruhnau, Aaron Praktiknjo, Lion Hirth). pdf
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Locational investment signals in electricity markets, The Energy Journal, 2020 (Anselm Eicke, Tarun Khanna, Lion Hirth). pdf
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Open Data for Electricity Modeling: Legal Aspects, Energy Strategy Reviews, 2020 (Lion Hirth). open access
