Project
FAUST – Advanced Approaches for the Analysis of Technological Progress in Electricity Markets
Client: German Federal Ministry for Economic Affairs and Energy
Project period: March 2020 - February 2023
Research Areas:
Project period: March 2020 - February 2023
Research Areas:
Project team: Jacqueline Adelowo, Dr Valeriya Azarova, Dr. Mathias Mier, Prof. Dr. Karen Pittel
Tasks
How does endogenous technological progress influences future technology mix?
Methods
Coupling of econometric and numerics methods and results.
Results
Huge differences in modeling outcomes (on the European power market) when depicting either exogenous or endogenous technological progress.
Contact