Jörn Richstein

@jrichstein.bsky.social

European power markets, EU ETS, Industrial decarbonisation (esp. CCfDs). Now at Aurora Energy Research, before @DIW.

Vorschlag: Anstatt die Übertragungsnetze dauerhaft zu subventionieren, lieber kosteneffizienter bauen und ein Teil der Kosten mit einem Amortisationskonto um ein paar Jahre verschieben Nach unserer Berechnung kann man mit kluger Planung etwa 92 Mrd. EUR (einen ,,Wumms'') sparen

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As Germany is heading to the ballots, here is again what to watch out for today as Europeans. Two things will be important: 1) Will a stable two-party coalition be possible? 2) Will a constitutional blocking minority emerge against a debt brake reform and/or another special fund for defence?

Thu Nguyen@onethuthree.bsky.social · last yr.

3 days until Germany votes. While much attention has been on Friedrich Merz who is all but guaranteed to become the next chancellor, the fate of Germany’s incoming government hinges on three small parties fighting to enter parliament. Here is what fellow Europeans should watch out for on Sunday:

Plugged into Europe! 🔌 The Baltics 🇪🇪 🇱🇻 🇱🇹 have disconnected from the Russian power grid and fully synchronised with the 🇪🇺 continental one, marking their energy independence. After two decades of preparation, it is now time to benefit from our common energy system.

The map displays the Baltic Sea region with a dark blue background representing the sea and lighter blue areas showing landmasses of Estonia, Latvia, and Lithuania. The title "PLUGGED INTO EUROPE" is prominently featured in white text at the centre with country flags above. Thin blue lines illustrate energy infrastructure, while icons in yellow and red denote specific locations. Administrative boundaries are outlined in subtle contrast, with a European Commission logo in the bottom right corner.

The Netherlands is no longer Germany's 17th federal state in economic terms. New Commission research shows that once strong NL-DE correlations in macro variables (GDP, investment) have become insignificant. A couple of observations on the stunning divergence between the frugal bulwarks. 1/

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Sander Tordoir@sandertordoir.bsky.social · 2y ago

"When Germany sneezes, the Netherlands catches a cold". So goes an old saying in Dutch economistland. But we may have to junk the expression. The Dutch economy is not only dramatically outperforming its bigger brother Germany, it's also slowly diversifying away from it. 1/5

Meinem Gefühl nach sind Medien oft schlecht darin, sich entwickelnde Ereignisse angemessen zu greifen. Wenn zahlreiche kleine Bausteine ein großes Bild ergeben, wird das unmittelbar oft verpasst. Beispiel hybrider Krieg zB in der Ostsee. Viele kleine Einschläge, die man in Zusammenhang setzen muss

Cook Island flag oil tanker Eagle S lost 25% of her speed minutes before she crossed the broken cable Estlink2. She crossed at 10:26Z, ie the time of cable fault. She proceeded at affected speed til she reached shallow waters, where she lost all momentum. After some maneuvers she regained speed.

auonsson@auonsson.bsky.social · 2y ago

Medium-size electrical interconnector Estlink-2 is down from unknown cause. It is a 658 MW cable on the bottom of Gulf of Finland between Estonia and Finland. I am indisposed to look more closely but @garygnutter.bsky.social and @pekka.bsky.social likely will. yle.fi/a/74-20133464

⌛ Faster rusting for the energy transition Hydrogen is notoriously difficult to transport over long distances. But what if it could be virtually stored in iron and then extracted again when and where it’s needed? Enter Direct Reduced Iron (DRI) as virtual H2 storage. Results from a DNV study 1/

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Was aus meiner Sicht fehlt sind konkrete Vorschläge einer Stärkung der CO2 Bepreisung (&Ambition), die ja vielfach wie hier ins Spiel gebracht wird. Ich interpretiere das allg. so das diese Stärkung national gefordert wird. Denn EU-weit ist die Verhandlung ja gerade erst vorbei. (Drüko wg Länge )1/

Christian Flachsland@chflachsland.bsky.social · 3y ago

Welche Folgen hat das BVerfG Urteils für die deutsche Klimapolitik, und was könnten sinnvolle nächste Schritte sein? Der Umgang der BuRe und die breiteren Folgen sind noch schwer absehbar, aber ich sehe drei (potentielle) Probleme und eine Chance:

I wrote a policy piece for the EconPol Forum, together with Rick van der Ploeg and Tony Venables. We argue that decisive 'big push' green industrial policy is needed to convince firms & households that, without a doubt, the green transition is going to happen. 1/N

“Big Push” Green Industrial Policy

Carbon pricing is a central part of climate policy, but is politically difficult while the economy is still reliant on fossil fuels The long-lived green investments required to break the carbon lock-...

cesifo.org

Interested in doing a PhD in Economics? Our @diw.de Graduate Center is open for applications until February 11! After a course phase with a stipend, you can carry out your research in one of DIW's departments. For example, do energy economics and modeling in my group! 🔌 🔽 www.diw.de/en/diw_01.c....

DIW Berlin: Application

Application Schedule Application Documents Detailed Requirements Scholarships & Fees FAQs Join DIW-GC! Statement against discrimination, sexual harassment and abuse of power Start of the next applic...

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Anscheinend werden Mini-Futures auf Baseload Strompreise wieder eingeführt. Prinzipiell könnte man also einen dynamischen Stromvertrag abschließen, und sich dann selbst absichern. Es scheint allerdings ein Hebelprodukt zu sein & die Frage nach Counterpartyrisk stellt sich in Krisen natürlich auch

Mit Spannung erwartet – Mini Futures auf den Strompreis | Vontobel Zertifikate

Strom ist ohne Zweifel eines der wichtigsten Güter in unserer modernen Welt.

zertifikate.vontobel.com

Good question! Indeed I'd say any "real-world-ETS" is not a cap-and-trade as assumed in most economic models. After all, many modelled conclusions rest on the assumption of an immutable cap. Hardly, true as the cap is often (even adhoc) renogiated. And as the MSR shows: Negotiators look at prices.

Christian Odendahl@codendahl.bsky.social · 3y ago

Is the ETS (Europe's carbon trading system) really cap-and-trade? Or rather a managed carbon tax? The latest on Germany's coal phase-out suggests: the latter. (in German) www.faz.net/aktuell/wirt...

Hi #EnergySky, #ClimateSky & #EconSky! (1) For old friends from Twitter: I'm here now too! (2) For new friends here: I'm an energy economist working on questions related to power markets, renewable policy & industrial decarbonisation (esp. CCfDs), both academically and in policy advice projects.