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publications
Market Structure, Directed Innovation, and the Electrification Transition
Joint work with Sebastian Rausch and Oliver Schenker
Electrification is a key lever for decarbonization. Achieving it requires not only abundant, low-cost clean electricity, but also new technologies that can convert electricity into valuable economic services. While the Directed Technical Change (DTC) literature emphasizes that innovation responds to relative profit opportunities, these profits are shaped by market structure and competition intensity. Building a novel model of directed technical change with endogenous markups across energy generating and consuming sectors, we analyze how imperfect competition and technological linkages jointly shape the pace and direction of electrification. We show that competition effects, in particular free exit and entry of firms, can weaken lock-in effects that typically favor fossil technologies. Furthermore, the competition effects dampen the speed of transition, especially under strong climate policy. Policies that combine carbon pricing with research subsidies and competition policies that reduce fossil-sector markups can direct innovation incentives, achieving faster and more cost-effective electrification.
talks
Tsinghua-ZEW Young Scholar Workshop on Electricity Decarbonization and Market Design
Published:
14th Mannheim Conference on Energy and the Environment
Published:
Leuven Summer Event 2026 - Economics of Climate & Energy Transition
Published:
Monte Verità Conference on Sustainable Resource Use and Economic Dynamics (SURED)
Published:
World Congress of Environmental and Resource Economists (WCERE)
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teaching
Einführung in die Betriebswirtschaftslehre
Undergraduate Course, Julius-Maximilians University Würzburg, Chair for Human Resource Management and Organisation, 2018
with Prof. Dr. Thomas Zwick
Mikroökonomik II
Undergraduate, Julius-Maximilians University Würzburg, Chair of Industrial Economics, 2020
with Prof. Toker Doganoglu, Ph.D.
Organization
Undergraduate Course, Julius-Maximilians University Würzburg, Chair for Human Resource Management and Organisation, 2020
with Prof. Dr. Thomas Zwick
Applied Equilibrium Analysis in Environmental and Energy Economics
Graduate course, Heidelberg University, Alfred Weber Institute for Economics, 2025
with Prof. Dr. Sebastian Rausch