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September 2019

Cancellation – Round table “Economics of Electricity” with Anna Creti and Fulvio Fontini – Friday, September 13th 2019

13 September 2019

Following the RATP strike announced on Friday September 13th, we regret to have to cancel the round table of Anna Creti and Fulvio Fontini which was scheduled to take place at the Paris-Dauphine University.

We will keep you informed as soon as possible of any possible postponement of dates.

For the release of the book Economics of Electricity. Markets, Competition and Rules Cambridge University Press from Anna Creti and Fulvio Fontini, the Climate Economics Chair is inviting you to assist at the round table organized on Friday, September 13th from 4.30pm to 6.30 pm with : 

 

  • The authors : Anna Creti (Paris-Dauphine, CEC) and Fulvio Fontini (Università degli Studi di Padova, Italie)
  • Sylvie Aniel (Paris-Dauphine)
  • Claude Crampes (Toulouse School of Economics)
  • Patrice Geoffron (Paris-Dauphine)
  • Fabienne Salaun (EDF)

Université Paris-Dauphine – Salle A709

Free registration requiredlimited place

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July 2019

Friday Lunch Meeting, Jonathan Wiener, July 12th 2019

12 July 2019

Speaker

Jonathan Wiener, Professor of Law and Public and Environmental Policy at Duke University and Associate Researcher at Resources for the Future (RFF).

Title 

Climate Policy in the American Legal System

Brief abstract
 
In the United States, climate change policy may be shaped not only by the Congress and by executive agencies such as US EPA, but also by judicial decisions. This presentation will discuss the prospects for important cases unfolding in the American courts, notably the ‘Juliana’ case brought on behalf of children to press the US government to take more action on climate change, and the likely challenges to the new US EPA rules on greenhouse gas emissions from electric power (the new Trump Administration ACE rule to replace the Obama Administration CPP) and from vehicles (the Trump Administration SAFE rule to revise the Obama Administration CAFE rule).
 
 
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Chaire Economie du Climat

Palais Brongniart, 28 Place de la bourse – 75 002 Paris

FLM- Salle du Séminaire – 4è étage (12.30 pm – 2 pm)

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June 2019

Friday Lunch Meeting, Laurence Scialom, June 28th 2019

28 June 2019

Speaker

Laurence Scialom, University Professor at Paris Ouest Nanterre. Member of the Scientific Advisory Board of the French Prudential Supervisory and Resolution Authority (ACPR) and the Investor Advisory Committee of the Autorité des marchés financiers (AMF). 

Title

La fascination de l’ogre – ou comment desserrer l’étau de la finance

Abstract
Finance today operates in a vacuum, serving above all its own interests. But banks are supposed to meet the needs of companies. To finance projects and manage risks: how could we forget the essential? Why do States so obediently serve the interests of the financial sector? Such questions escape democratic debate because the jargon that prevails in these environments makes them unintelligible to citizens. Laurence Scialom’s essay aims to demystify finance and allow independent reflection on these questions. It strengthens the self-defense capabilities of our economies in the face of often predatory finance: let’s stop feeding the ogre! By applying the reforms outlined in this book, we would be able to consider finance clearly and put it in its proper place.
 
 
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Chaire Economie du Climat

Palais Brongniart, 28 Place de la bourse – 75 002 Paris

FLM- Salle du Séminaire – 4è étage (12.30 pm – 2 pm)

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Friday Lunch Meeting, Madeline Werthschulte, June 21st 2019

21 June 2019

Speaker

Madeline Werthschult, MSC Research Assistant at the Chair of Microeconomics (WWU Munster) with a Focus on Energy and Resource Economics.

Article
Cost Misperceptions and Energy Consumption. Authors: Madeline Werthschulte and Andreas Löschel
 
Abstract
The aim of this study is to analyse the extent to which energy cost misperceptions can predict households’ energy consumption. The focus is on two sorts of misperceptions: first, uncertainty in energy prices and second, present biased discounting of future energy costs. By running an artefactual field experiment with a representative sample of 711 participants, we gather incentivized measures of these two misperceptions and observe participant’s revealed electricity consumption. Our main finding is that participants with present bias are predicted to consume on average 9% more electricity than participants with time-consistent discounting. Our results further suggest that neither the true marginal electricity price nor the expected marginal electricity price can predict electricity consumption. Taken together our results raise doubt in the effectiveness of classical price based policies.
 
 
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Chaire Economie du Climat

Palais Brongniart, 28 Place de la bourse – 75 002 Paris

FLM- Salle du Séminaire – 4è étage (12.30 pm – 2 pm)

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May 2019

Friday Lunch Meeting, Marielle Brunette, May 24th 2019

24 May 2019

Speaker

Marielle Brunette, researcher at INRA and at the Office of Theoretical and Applied Economics (Nancy)

Article
Propensity and Intensity of Adaptation: The Role of Forester’s Preferences in Risk and Uncertainty (co-authored with M. Hanewinkel and R. Yousefpour, 2019)
 
Abstract
This paper studies the foresters’ risk and uncertainty preferences as a potential driver for adaptation decisions towards climate change. Adaptation decisions are analysed in terms of propensity to adapt and intensity of adaptation. We build a questionnaire in which we quantified risk and uncertainty preferences through lottery choices. We also ask questions about adaptation decisions, and about the characteristics of the forest and the forester. We show that French foresters are, on average, more risk and uncertainty averse than German ones. Our results also reveal that most of the foresters has already modified their management practices, in particular by increasing the species mix and assisting more the tree regeneration. When adaptation is not implemented, the main explanation is the lack of information. The forester who has the higher propensity to adapt is young, rich, with a low degree of risk aversion, and is German. The intensity of the adaptation is negatively influenced by risk aversion and being a French forester. Finally, uncertainty aversion has no significant impact neither on the propensity to adapt nor on the intensity of adaptation.
 
 
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Chaire Economie du Climat

Palais Brongniart, 28 Place de la bourse – 75 002 Paris

FLM- Salle du Séminaire – 4è étage (12.30 pm – 2 pm)

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Friday Lunch Meeting, Jacques de Gerlache, May 17th 2019

17 May 2019
Speaker
 
Jacques de Gerlache, Ecotoxicologist and Professor at the Paul-Lambin Institute (Brussels), Scientific Advisor to the Belgian Federal Council for Sustainable Development.
 
Book
Mettre en oeuvre les transitions énergétiques – Stratégie intégrative et gestion opérationnelle (Dunod Editions)
 
Abstract

Greenhouse gases, energy production (fossil, renewable, nuclear), transformation, transportation or storage: the challenges of global energy transitions are many and varied. So much so that policy makers, economists or business leaders often tend to consider them individually. This book proposes an integrative approach to these energy transitions, taking into account all the dimensions of these issues. After making an inventory of current energy issues, he explains how all these aspects are closely related and why treating them independently will only lead to inefficient solutions. It then synthesizes them into a global strategy and then proposes an operational methodology to implement action plans, whether at local, national or international level.
 
 
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Chaire Economie du Climat

Palais Brongniart, 28 Place de la bourse – 75 002 Paris

FLM- Salle du Séminaire – 4è étage (12.30 pm – 2 pm)

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April 2019

Friday Lunch Meeting, Alexis Tantet, 26th april 2019

26 April 2019
Speaker
 
Alexis Tantet, Postdoctoral fellow at the Dynamic Meteorology Laboratory of the Polytechnic School
 
Title
 
 
Extract
 
We develop a renewable energy mix optimization program. The main novelty is to take into account and evaluate the impact of climate variability, from multi-decadal to hourly time scales, on the mix. This impact is resolved by plugging regional climate simulations over the 1989–2012 period into renewable energy production and demand models at regional scale. The optimal mix is then inferred from a mean-variance analysis with as objectives both to maximize the mean of the total renewable penetration and to minimize the variance, or risk, of the latter. We consider two cases: in the first one, the analysis takes cross-region correlations in the production and the demand into account. In the second one, synergies between regions are ignored. As a first case study, we apply the numerical model to Italy, a country with a relatively high share of renewables. We focus on the mix maximizing the ratio of the mean renewable penetration over the risk for the same renewable capacity as installed in 2015. Our main findings are that (i) the optimal technological and spatial capacity distribution — with about two thirds wind and one third solar — differs significantly from the actual mix (with a substantial overinvestment in photovoltaics); and (ii) ignoring the impact of interannual and intraday climate variability on the risk strongly impacts the optimal mix.
 
This study shows the importance of basing renewable energy development incentives on optimal strategies taking into account both the risk and the impact of climate variability on the latter.
 
 
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Chaire Economie du Climat

Palais Brongniart, 28 Place de la bourse – 75 002 Paris

FLM- Salle du Séminaire – 4è étage (12.30 pm – 2 pm)

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[🇫🇷] Compte rendu du Petit Déjeuner Professionnel sur la nouvelle PPE du 26 avril 2019

26 April 2019

Lors d’un premier événement organisé en 2018, la Chaire Economie du Climat avait convié les principaux acteurs de la filière à partager leurs attentes vis-à-vis du débat public autour de la révision de la PPE. Un an après, la Chaire a organisé un second petit déjeuner visant à éclairer la cohérence du projet de nouvelle PPE publié en début d’année avec les objectifs de la transition énergétique en France.

La table ronde était animée par Jacques Percebois et Boris Solier autour de la question: Nouvelle PPE : quels impacts pour la transition énergétique et réunissait Christophe Beguinet (Syndicat CFDT), Laurent Joudon (Directeur d’études économiques, EDF), Marion Lettry (Déléguée générale adjointe, SER), Isabelle Muller (Déléguée générale, UFIP) et Stanislas Reizine (Sous-directeur du système électrique et ENR, DGEC).

[🇫🇷] Lire le compte rendu qui fournit une synthèse des points forts qui s’en sont dégagés

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Friday Lunch Meeting, Fabien Roques, 19th of April 2019

19 April 2019
Speaker
 
Fabien Roques, Associate Professor at Paris-Dauphine University
 
Title
 
A Climate and socio-economic study of a multi-member state carbon price floor to the power sector
 
Abstract
 
Our study shows the limitations of the recent ETS reform and the potential benefits from a Carbon Price Floor (CPF).
 
Objectives: 
-Identify potential scenarios for a multi-country,regional carbon price floor (CPF) in Europe
-Provide a quantitative assessment of the impact of different CPF scenarios on the ETS and on renewable energy investment cases
-Model the impact on power sector decarbonisation – including on coal and gas generation, and on renewable energy investment cases
-Analyse some key socio-economic impacts including on consumer energy costs,Energy Intensive Industries and Government revenue.
 
 
If you wish to receive invitations to FLMs, present your works or unsubscribe from the mailing list please feel free to contact this address: flm@ChaireEconomieduClimat.org

 

Chaire Economie du Climat

Palais Brongniart, 28 Place de la bourse – 75 002 Paris

FLM- Salle du Séminaire – 4è étage (12.30 pm – 2 pm)

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March 2019

Conference : Emissions Trading: Which Way Forward?

28 March 2019

The Climate Economics Chair (CEC), the Postdam Institute for Climate Impact Research (PIK) and the Mercator Research Institute on Global Commons and Climate Change (MCC) are co-organizing a Conference : Emissions Trading: Which Way Forward?

on Thursday, March 28th at Paris Dauphine-University from 8:00 am to 4:30 pm.

 Please consult this link for all information (program, registration…)

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