Pumped-Storage Project: A Short to Long Term Investment Analysis Including Climate Change
In: Renewable and Sustainable Energy Reviews 49, 91-99. DOI: 10.1016/j.rser.2015.04.052
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In: Renewable and Sustainable Energy Reviews 49, 91-99. DOI: 10.1016/j.rser.2015.04.052
SSRN
In: Environmental Science and Policy 37, 172-181. DOI 10.1016/j.envsci.2013.09.008
SSRN
In: Environmental science & policy, Band 43, S. 5-14
ISSN: 1462-9011
In: Environmental science & policy, Band 37, S. 172-181
ISSN: 1462-9011
Global issues are such that we should assess and manage a variety of risks and uncertainties. Due to increasing world complexity, the development of an adequate and innovative conceptual framework, anchored in the literature, is required. This article contributes to this effort with an approach particularly relevant to decision-makers dealing with threats of different natures, limited heterogeneous information, and experts' assessments tainted by doubts. Our approach is based on two pillars: 1) An "acuity scale", based on the probability of the occurrence of an event, its impact and the experts' degree of doubt; 2) A taxonomy focused on the concepts of risk, uncertainty, gamble and butterfly ambiguity. Accordingly, we present in a second step the major management implications of such approach. Global policy trends (e.g., sustainability transition) put energy sector decision-makers at the forefront of risk and uncertainty management. Consequently, we carry out a case study focused on Swiss energy policy since the 1980s, including its inception, the turnaround provoked by the Fukushima accident, and the government's 2050 energy strategy. Our investigation shows that the proposed conceptual framework allows for the development of an original analysis of the main drivers that influence governmental policies and stakeholder strategies
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In: Water Resources Management (27), 5143-5156. DOI: 10.1007/s11269-013-0458-1
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In: Water Resources Management, Band 30(4), S. 1325–1343
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The European electricity landscape is facing an ambivalent situation between: (1) common market platforms; and (2) national and subnational jurisdictions, which impose their specific rules on energy sectors. This particularly affects hydropower, as the latter faces inequalities in the procedures needed for the attribution of water rights. Besides jurisdictional disparities, the European Union requires this attribution to follow competitive processes and the integration of sustainable development goals for energy projects, while other countries connected to the European grid such as Switzerland and Norway still know different procedures and requirements. Therefore, this article addresses concerns regarding the lack of harmonization of water regimes in Europe. Imposing a common jurisdiction to countries connected to the European grid would be politically very challenging. Our approach overcomes this challenge by proposing a process adaptable to specific local rules and allows a comparison of water rights attribution procedures. In this frame, we propose a nine-step process, based on three goals: (1) to enhance competitive access by ensuring the highest rent transfer related to water rights; (2) to prioritize projects closer to sustainability goals; and (3) to ensure the efficiency of the process itself.
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Swiss Hydropower (HP) is currently facing a wide range of challenges that have initiated a debate about future prospects and its role within the envisioned energy transition. Building on this debate, this paper provides an overview of the status and prospects of Swiss HP by identifying and evaluating the different drivers and uncertainties that Swiss HP faces. Based on a review and the perceptions held by some of the main Swiss HP stakeholders the two main topics that need to be addressed are the market driven impacts and the political, legal and social aspects. While the market dynamics cannot directly be influenced by Swiss companies or authorities, the regulatory framework can and needs to be adjusted. However, this requires a comprehensive stakeholder process and is at least a medium-term process.
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SSRN
Working paper
Swiss Hydropower (HP) is currently facing a wide range of challenges that have initiated a debate about future prospects and its role within the envisioned energy transition. Building on this debate, this paper provides an overview of the status and prospects of Swiss HP by identifying and evaluating the different drivers and uncertainties that Swiss HP faces. Based on a review and the perceptions held by some of the main Swiss HP stakeholders the two main topics that need to be addressed are the market driven impacts and the political, legal and social aspects. While the market dynamics cannot directly be influenced by Swiss companies or authorities, the regulatory framework can and needs to be adjusted. However, this requires a comprehensive stakeholder process and is at least a medium-term process.
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In: Environmental science & policy, Band 43, S. 56-67
ISSN: 1462-9011
Frontmatter -- CONTENTS -- THE CONTRIBUTORS -- ACKNOWLEDGEMENTS -- TABLES AND FIGURES -- PREFACE -- 1 INTRODUCTION -- PART 1 ENERGY POLICY DELIVERY IN GENERAL -- 2 SIX MAXIMS FOR INFORMED ENERGY ANALYSIS AND POLICY -- 3 ENDING SUBSIDIES FOR FOSSIL FUEL EXPLORATION IN A WORLD OF UNBURNABLE CARBON -- 4 WERE NORTH SEA OIL AND GAS 'FIELD ALLOWANCES' SUBSIDIES - AND DOES IT MATTER? -- 5 RENEWABLE ENERGY DISPUTES -- 6 USING A LEGACY FRAME TO DELIVER ENERGY AND ENVIRONMENT POLICIES -- 7 THE EMERGENCE OF EU ENERGY LAW -- 8 HOW TO IMPROVE REGULATION -- 9 DELIVERING ENERGY NETWORKS SECURITY: ECONOMICS, REGULATION AND POLICY -- 10 THE ROLE OF MARKETING IN DELIVERING ENERGY LAW AND POLICY -- PART 2 ENERGY POLICY DELIVERY IN THE UNITED STATES -- 11 A BRIEF HISTORY OF US ENERGY POLICY -- 12 APPLYING INNOVATION POLICY TO THE US ENERGY/CLIMATE CHALLENGE -- 13 NATIONAL SCIENTIFIC LABORATORIES AS AN ENERGY POLICY VEHICLE: THE UNITED STATES' EXPERIENCE -- 14 DELIVERING ENERGY POLICY IN THE US: THE ROLE OF TAXES -- 15 DELIVERING THE WIND: DECONSTRUCTING RENEWABLE ENERGY SUCCESS IN TEXAS -- 16 SOLAR RIGHTS IN THE UNITED STATES -- 17 THE US-CHINA CLIMATE AGREEMENT: A NEW DIRECTION -- 18 GOING GREEN: THE UNITED STATES DEPARTMENT OF DEFENSE AND ENERGY SECURITY -- 19 US CONJUNCTIVE WATER MANAGEMENT AND SUSTAINABLE ENERGY DEVELOPMENT -- PART 3 ENERGY POLICY DELIVERY IN THE EUROPEAN UNION -- 20 DELIVERING NEW POLITY: PAVING THE WAY FOR THE EUROPEAN ENERGY UNION -- 21 ANTITRUST ENFORCEMENT IN THE EU ENERGY SECTOR -- 22 DELIVERING ENERGY POLICY IN THE EU: SOME THOUGHTS ON THE ROLE OF CONSUMERS -- 23 THE GROWING IMPACT OF FREE MOVEMENT PROVISIONS IN THE EU ENERGY MARKET -- 24 ENERGY, EXTERNALITIES AND THE NEED TO REVISIT DEUTSCHE BAHN: A PROPOSAL TO REVERSE THE EUROPEAN STANCE ON EU STATE AID LAW AND INTERNATIONAL AVIATION -- 25 RES: TOWARDS A NEW EUROPEAN POLICY -- 26 ENERGIEWENDE IN GERMANY: THE DAWN OF A NEW ENERGY ERA -- 27 WHAT IS A SUSTAINABLE POLICY? A CASE FOR THE ENERGIEWENDE -- 28 THE FINNISH ENERGY POLICY: FULFILLING THE EU ENERGY AND CLIMATE TARGETS WITH NUCLEAR AND RENEWABLES -- 29 THE EU-RUSSIA RELATIONSHIP AND THE EU ENERGY UNION: FROM DEPENDENCE AND VULNERABILITY TOWARDS COMPETITION AND A FREE FLOW -- PART 4 ELECTRICITY POLICY DELIVERY -- 30 THE ROLE OF UNCERTAINTY IN ENERGY INVESTMENTS AND REGULATION -- 31 ENERGY SECURITY IN AN UNPREDICTABLE WORLD: MAKING THE CASE AGAINST STATE AID LIMITATIONS IN ELECTRICITY GENERATION -- 32 DELIVERING A LOW-CARBON ELECTRICITY SYSTEM IN A LIBERALISED MARKET -- 33 A PROPOSAL FOR REFORMING AN ELECTRICITY MARKET FOR A LOW-CARBON ECONOMY -- 34 THE ROLE OF THE DEMAND SIDE IN ELECTRICITY -- 35 REPLACING FOSSIL FUEL GENERATION WITH RENEWABLE ELECTRICITY: IS MARKET INTEGRATION OR MARKET CIRCUMVENTION THE WAY FORWARD? -- 36 SUSCEPTIBILITY OF ELECTRICITY GENERATION TO CLIMATE VARIABILITY AND CHANGE IN EUROPE: A REVIEW OF LITERATURE -- 37 THE EXTERNAL DIMENSION OF CROSSBORDER ELECTRICITY TRANSMISSION PLANNING IN THE EU -- 38 INTEGRATING VEHICLES AND THE ELECTRICITY GRID TO STORE AND USE RENEWABLE ENERGY -- 39 A STITCH IN TIME: COULD IRELAND'S FORTHCOMING WHITE PAPER BREATHE NEW LIFE INTO ITS BRAVE BUT FALTERING RENEWABLE ELECTRICITY POLICY? -- 40 RECENT DEVELOPMENTS IN THE HUNGARIAN ELECTRICITY REGULATORY FRAMEWORK -- PART 5 NUCLEAR ENERGY -- 41 DELIVERING THE REVIVAL OF NUCLEAR POWER -- 42 ENERGY POLICY: THE ROLE OF NUCLEAR POWER -- 43 FINANCING NEW NUCLEAR POWER STATIONS -- 44 UK NUCLEAR NEW-BUILD PLANS IN THE LIGHT OF INTERNATIONAL EXPERIENCE -- 45 DELIVERING UK NUCLEAR POWER IN THE CONTEXT OF EUROPEAN ENERGY POLICY: THE CHALLENGES AHEAD -- 46 NUCLEAR LIABILITY: CURRENT ISSUES AND WORK IN PROGRESS FOR THE FUTURE -- 47 THE PRESENT STATUS OF NUCLEAR THIRD-PARTY LIABILITY AND NUCLEAR INSURANCE -- 48 SMALL MODULAR REACTORS: THE FUTURE OR THE SWANSONG OF THE NUCLEAR INDUSTRY? -- PART 6 RENEWABLE ENERGY -- 49 COHERENT PROMOTION OF RENEWABLES UNDER A CARBON EMISSIONS CAP -- 50 RENEWABLE ENERGY POLICIES CHANGE CARBON EMISSIONS EVEN UNDER EMISSIONS TRADING -- 51 THE RENEWABLE TRAJECTORY: AVOIDING THE TEMPTATION OF CHEAP OIL -- 52 IMPACT OF RENEWABLE PORTFOLIO STANDARDS ON IN-STATE RENEWABLE DEPLOYMENT IN THE US -- 53 RENEWABLE SUPPORT POLICIES IN EUROPE: EVALUATION OF THE PUSH-PULL FRAMEWORK FOR WIND AND PV IN THE EU -- 54 A VIEW FROM THE GLOBAL WIND INDUSTRY -- 55 THE NEW CONCEPT OF COMPETITIVE BIDDING ON PHOTOVOLTAIC IN THE GERMAN RENEWABLE ENERGY ACT 2014 -- 56 LEGAL CERTAINTY FOR GREEN ENERGY PROJECTS: SURE, BUT AT WHAT PRICE? -- 57 THE FUTURE OF HYDROELECTRIC POWER IN THE UNITED STATES: THINKING SMALL -- 58 HYDROPOWER: FROM PAST TO FUTURE UNCERTAINTIES -- 59 RENEWABLE ENERGY PRODUCTION IN MARINE AREAS AND COASTAL ZONE: THE NORWEGIAN MODEL -- 60 THE GEOPOLITICS OF CLEAN ENERGY: RE-ENGAGING WITH RUSSIA THROUGH RENEWABLE ENERGY COOPERATION -- PART 7 FOSSIL FUELS -- 61 TALKING ABOUT SHALE IN ANY LANGUAGE -- 62 THE SHALE REVOLUTION, FRACKING AND REGULATORY ACTIVITY IN THE US: A POLICY DIVIDED -- 63 FRACTURED SYSTEMS: A MULTIPLE POLICY PROPOSAL FOR PROMOTING SAFE SHALE GAS DELIVERY IN THE UNITED STATES -- 64 PREPARING PENNSYLVANIA FOR A POST-SHALE FUTURE -- 65 THE DECLINE OF COAL AND THE ECONOMIC TOLL ON THE APPALACHIAN REGION -- 66 THE EU NETWORK CODES AND PROSPECTS OF CROSS-BORDER NATURAL GAS PIPELINE PROJECTS -- 67 BUILDING THE ENERGY UNION: THE PROBLEM OF CROSS-BORDER GAS PIPELINE INTERCONNECTIONS IN BALTIC, CENTRAL AND SOUTHEASTERN EUROPE -- 68 EMINENT DOMAIN AUTHORITY FOR UPSTREAM GAS INFRASTRUCTURE: AN ALTERNATIVE APPROACH -- 69 PETROLEUM LICENSING ON THE UKCS FIFTY YEARS ON: PROBLEMS, SOLUTIONS AND MORE PROBLEMS? -- 70 GREENLAND OFFSHORE PETROLEUM REGULATION TOWARDS 'THE BLUE ARCTIC' -- PART 8 ENERGY JUSTICE -- 71 ENERGY JUSTICE: THE YIN AND YANG APPROACH -- 72 SUSTAINABLE DEVELOPMENT AND ENERGY JUSTICE: TWO AGENDAS COMBINED -- 73 ASSESSING THE JUSTICE IMPLICATIONS OF ENERGY INFRASTRUCTURAL DEVELOPMENT IN THE ARCTIC -- PART 9 ENERGY POVERTY AND HEALTH -- 74 ENERGY POVERTY AND AFFORDABLE SUSTAINABLE ENERGY TECHNOLOGIES (ASETS) -- 75 CHALLENGING ENERGY POVERTY POLICIES: INSIGHTS FROM SOUTH-EASTERN EUROPE -- 76 POLICY CHANGES FOR FUTUREPROOFING HOUSING STOCK -- 77 CHALLENGES FOR HEALTH SERVICES IN IDENTIFYING WHICH GROUPS ARE MOST VULNERABLE TO HEALTH IMPACTS OF COLD HOMES -- 78 ENERGY, LIFE, METABOLISM AND THE FOOD CHAIN -- PART 10 ENERGY EFFICIENCY AND DEMAND -- 79 ENERGY EFFICIENCY AND ENERGY DEMAND -- 80 ENERGY DEMAND REDUCTION POLICY -- 81 DEMAND RESPONSE IN WHOLESALE MARKETS -- 82 PERCEIVED EFFECTIVENESS OF DIFFERENT METHODS OF DELIVERING INFORMATION ON ENERGY EFFICIENCY -- 83 DEVELOPING BEHAVIOURAL INTERVENTIONS: THREE LESSONS LEARNED FOR DELIVERING ENERGY POLICY -- 84 POLICY MIXES IN STIMULATING ENERGY TRANSITIONS: THE CASE OF UK ENERGY EFFICIENCY POLICY -- 85 THE JOURNEY OF SMART METERING IN GREAT BRITAIN: A REVISIT -- 86 RETHINKING HOUSEHOLD ENERGY CONSUMPTION STRATEGIES: THE IMPORTANCE OF DEMAND AND EXPECTATIONS -- 87 FINANCIAL INCENTIVES FOR ENERGYEFFICIENT APPLIANCES -- PART 11 ENERGY SECURITY -- 88 ENERGY SECURITY AND ENERGY POLICY INCOHERENCE -- 89 DESIGNING INTERNATIONAL TRADE IN ENERGY GOVERNANCE FOR EU ENERGY SECURITY -- 90 NATO AND EUROPEAN ENERGY SECURITY -- 91 GENEALOGY OF THE CURRENT GAS SECURITY SITUATION IN THE EU-UKRAINE-RUSSIA ENERGY TRIANGLE AND THE ROLE OF INTERNATIONAL LAW -- PART 12 COUNTRY-SPECIFIC AND INTERNATIONAL ENERGY POLICY DELIVERY -- 92 GERMAN ENERGY LAW -- 93 DELIVERING ENERGY LAW AND POLICY IN MALTA -- 94 DELIVERING ENERGY EFFICIENCY POLICIES IN ROMANIA -- 95 ENERGY LAW IN THE CZECH REPUBLIC: 'UNBUNDLING' ČEZ -- 96 DELIVERING ENERGY POLICY REFORM IN UKRAINE: LEGAL ISSUES IN THE LIGHT OF EUROPEAN INTEGRATION -- 97 A SYSTEMIC APPROACH TO RENEWABLE ELECTRICITY TECHNOLOGY DEPLOYMENT: THE 'MISSING LINK' IN OPTIMISING POLICY DELIVERY IN THE UK? -- 98 DELIVERING ENERGY POLICY: IS THERE NEED FOR KEY CHANGES IN THE NEXT UK PARLIAMENTARY PERIOD? -- 99 ENERGY AND THE STATE IN THE MIDDLE EAST -- 100 DELIVERING ENERGY POLICY IN ARGENTINA -- 101 THE ARCTIC: SOURCE OF ENERGY? SOURCE OF CONFLICT? SOURCE OF POLICY INNOVATION -- PART 13 CITIES, COMMUNITY ENERGY AND PUBLIC ENGAGEMENT -- 102 DELIVERING ENERGY (OFTEN) REQUIRES PUBLIC