Dear colleagues: The two keynote lectures of this year’s NOeG conference are also publicly available via streams Keynote Lecture 1 by Katheline Schubert (University Paris 1 Panthéon-Sorbonne and Paris School of Economics) Time: Monday, 02/Sept/2024: 17:30 - 19:00 LINK: https://www.youtube.com/live/N7hN4-dwBK0 (The keynote is part of the Opening Session of the conference. Stream starts at 17:30, Keynote Lecture starts at about 17:50) Title: Sobriety. A necessity to fight climate change? Abstract Given the slow pace of progress in climate policy, policymakers are increasingly focusing on reducing demand for energy-intensive goods and services as a crucial component of the energy transition. This is "energy sobriety," defined in this talk as the voluntary reduction of demand, particularly at the household level. Key factors such as education, information, and behavioral nudges play a vital role in fostering changes in preferences and reducing behavioral biases to achieve this sobriety.However, energy sobriety cannot rely solely on individual actions. The talk underscores the importance of societal changes, including infrastructure development and the evolution of social norms, to support more sustainable lifestyles. Moreover, while voluntary behavioral changes are essential, they are insufficient on their own. Achieving significant emission reductions requires comprehensive and ambitious climate policies, along with broad societal and infrastructural transformations.The talk finally highlights the need for equity in these efforts, emphasizing that wealthier individuals and nations should bear a greater share of the burden. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Keynote Lecture 2 by Karsten Neuhoff (Technical University Berlin and DIW) and Panel Discussion (Tara Estl (Austrian Institute of Technology), Karl Gruber (Wien Energie) and Jürgen Schneider (Ministry of Climate Protection); Marlene Nowotny (Moderator, Ö1)) Time: Tuesday, 03/Sept/2024: 11:30 - 13:00 LINK: https://www.youtube.com/live/LDYUrC9VKbw Title: Changing paradigms – how can electricity market design support reliable affordability and a clean and resilient energy system? Abstract The energy crisis and global energy technology developments have triggered a revision of energy policy objectives, from short-term cost minimization to reliable affordability, from a focus on clean energy sources like wind and solar to clean energy systems with sufficient flexibility to match wind- and solar production, and from securing adequate generation capacity to ensuring resilient energy systems. The implications for power market design can be illustrated with economic and institutional analysis of three reform options discussed at national and European level: (i) A renewable energy pool to provide long-term hedges for producers and consumers (ii) A transition towards local pricing to incentivize investment and use of demand side flexibility for congestion management (iii) A reliability reserve to address mid-transition uncertainties while retaining incentives for flexibility and hedging. Synergies that can be realized across such options illustrate how important an integrated perspective will be for the upcoming reforms. Regards Program Committee and Local Organizing Committee https://boku.ac.at/wiso/inwe/annual-meeting-of-the-austrian-economic-associa... --------------------------------- Klaus Salhofer, Professor University of Natural Resources and Life Sciences, Vienna Department of Economics and Social Sciences Institute of Sustainable Economic Development Feistmantelstrasse 4 1180 Vienna Austria Phone: ++43-1-47654-73129 E-mail: klaus.salhofer@boku.ac.at Web: http://www.wiso.boku.ac.at/en/inwe/ Universität für Bodenkultur Wien Department für Wirtschafts- und Sozialwissenschaften Institut für Nachhaltige Wirtschaftsentwicklung Feistmantelstraße 4 1180 Wien
