• Energy storage and renewable energy 

      Durmaz, Tunç (Discussion paper;18/2014, Working paper, 2014-05)
      I consider an economy with fossil fuel and renewable energy and energy storage, and search for the conditions that lead to welfare improvements when energy is stored. I then solve for the optimal decision rule and analyze ...
    • Evaluating carbon capture and storage in a climate model with directed technical change 

      Durmaz, Tunç; Schroyen, Fred (Discussion Papers;14/2013, Working paper, 2013-08)
      Carbon capture and storage (CCS) is considered a critical technology needed to curb CO2 emissions and is envisioned by the International Energy Agency (IEA) as an integral part of least-cost greenhouse gas mitigation ...
    • Evaluating Carbon Capture and Storage in a Climate Model with Endogenous Technical Change 

      Durmaz, Tunç; Schroyen, Fred (DP SAM;22/2019, Working paper, 2019-10-16)
      We assess the extent to which Carbon Capture and Storage (CCS) and R&D on this abatement technology are part of a socially efficient solution to the problem of climate change. For this purpose, we extend the intertemporal ...
    • Precautionary Storage in Electricity Markets 

      Durmaz, Tunç (Discussion paper;5/16, Working paper, 2016-02-25)
      As renewable energy depends on meteorological shocks and is non-controllable, the overall energy production becomes riskier with the rising renewable share. Although this has led to a renewed interest in storage technologies, ...