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Jörn Richstein

@jrichstein.bsky.social
388 followers 426 following 66 posts

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

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Reposted by Jörn Richstein
Christian Odendahl @codendahl.bsky.social · 26/06/2025
"There's a paradoxical evolution in the European Commission's role. As it has taken on additional functions in areas like housing, defence and geopolitics, it has retreated from its core task of policing the single market." www.siliconcontinent.com/p/the-myth-o...
siliconcontinent.com
The myth of the single market
Why Europe’s internal barriers are higher than Trump's tariffs
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Reposted by Jörn Richstein
Tom Brown @nworbmot.bsky.social · 10/03/2025
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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Reposted by Jörn Richstein
Thu Nguyen @onethuthree.bsky.social · 23/02/2025
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?
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Reposted by Jörn Richstein
European Commission @ec.europa.eu · 09/02/2025
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.
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Sander Tordoir @sandertordoir.bsky.social · 06/02/2025
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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Frau Büüsker @uedio.bsky.social · 05/02/2025
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
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Jörn Richstein @jrichstein.bsky.social · 23/01/2025
The EU CBAM methodology implicitly has the assumption that the world follows the EU's carbon pricing & CBAM approach. A long list of EU ETS experts, incl. @karstenneuhoff.bsky.social, Misato Sato, @philippequirion.bsky.social, & many more argue for a complementary instrument if that's not the case.
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Reposted by Jörn Richstein
auonsson @auonsson.bsky.social · 25/12/2024
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.
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Reposted by Jörn Richstein
Andreas Loeschel @andreasloeschel.bsky.social · 03/12/2024
1 036 288 784! This is the number of allowances for 2027 that has been set today as a cap in the Emissions Trading System for buildings, road transport and small industry (ETS2) by the European Commission. climate.ec.europa.eu/news-your-vo...
climate.ec.europa.eu
Emissions Trading System for buildings, road transport and small industry (ETS2): cap adopted for 2027
The Commission has adopted a Decision establishing the EU-wide quantity of allowances issued under ETS2 in 2027
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Jörn Richstein @jrichstein.bsky.social · 27/11/2024
Our new commentary in Joule (authors.elsevier.com/a/1k9mf925JE...) describes the rationale behind the major design choices underlying Germany’s recently concluded 4-billion € tender of Carbon Contracts for Difference (CCfD) for emissions reductions in energy-intensive industry: 1/6 🔌💡 #climatesky
Screenshot of the title page of the commentary.

Title
Catalyzing the transition to a climate-neutral industry with carbon contracts for difference

Authors
Jörn C. Richstein
Vasilios Anatolitis
Robin Blömer
Lennart Bunnenberg
Jakob Dürrwächter 
Johannes Eckstein
Karl-Martin Ehrhart
Nele Friedrichsen
Till Köveker
Sascha Lehmann
Oliver Lösch
Felix Christian Matthes
Karsten Neuhoff
Paula Niemölller
Matia Riemer
Falko Ueckerdt
Jakob Wachsmuth
Runxi Wang
Jenny Winkler
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Matthias Deutsch @matthiasdeutsch.bsky.social · 22/11/2024
⌛ 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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Tobias Fleiter @tobiasfleiter.bsky.social · 15/12/2023
CO2-neutrale Prozesswärme: Welche Möglichkeiten hat die Grundstoffindustrie? Unsere neue Studie für das UBA gibt Antworten. Von @fraunhoferisi.bsky.social und @rwth.bsky.social . Download+Exceltool: s.fhg.de/prozesswaerme Ein Flug durch die Ergebnisse anhand von 11 Thesen 🧵⬇️
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Jörn Richstein @jrichstein.bsky.social · 26/11/2023
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/
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Reposted by Jörn Richstein
Niko Jaakkola @nikoecon.bsky.social · 23/11/2023
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
cesifo.org
“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-...
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Reposted by Jörn Richstein
Wolf-Peter Schill @wpschill.bsky.social · 22/11/2023
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.de
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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Jörn Richstein @jrichstein.bsky.social · 31/10/2023
Great study by my colleagues!
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Jörn Richstein @jrichstein.bsky.social · 27/10/2023
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
zertifikate.vontobel.com
Mit Spannung erwartet – Mini Futures auf den Strompreis | Vontobel Zertifikate
Strom ist ohne Zweifel eines der wichtigsten Güter in unserer modernen Welt.
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Jörn Richstein @jrichstein.bsky.social · 21/10/2023
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.
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Jörn Richstein @jrichstein.bsky.social · 01/10/2023
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.
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