Team

Dr. Mathias Mier

ifo Center for Energy, Climate, and Resources

Economist

Tel: +49(0)89/9224-1365
Fax: +49(0)89/985369
Email: mier@ifo.de

Main Focus

Energy Economics (Mainly Theoretical Modelling of Electricity Markets and Numerical Modelling of Electricity Systems)
Public Economics (Mainly Internalization of Environmental Externalities in 2nd Best Setups)

Professional Experience

since April 2018: Economist, ifo Center for Energy, Climate and Resources
12/2013 - 03/2018: Carl von Ossietzky University Oldenburg - research assistant at the chair of Public Economics (Prof. Helm)
09/2009 - 06/2013: Berlin Energy Agency - part-time employee

Recent Publications

Publication — 2023

Collaboration, decarbonization, and distributional effects

Mathias Mier, Kais Siala, Kristina Govorukha, Philip Mayer

Applied Energy

Publication — 2023

European Electricity Prices in Times of Multiple Crises

Mathias Mier

ifo Working Paper No. 394

Publication — 2022

European and German Electricity Prices in Times of Natural Gas Crisis

Mathias Mier

EconPol Forum 23 (6), 16-22

Contributions to Refereed Journals
- - Contribution in Refereed Journal
    
    Collaboration, decarbonization, and distributional effects
    
    Mathias Mier, Kais Siala, Kristina Govorukha, Philip Mayer
    
    2023
    
    Applied Energy
    
    Information
  - Contribution in Refereed Journal
    
    Efficient pricing of electricity revisited
    
    Mathias Mier
    
    2021
    
    Energy Economics 104, 105637
    
    Information
  - Contribution in Refereed Journal
    
    Steering the energy transition in a world of intermittent electricity supply: Optimal subsidies and taxes for renewables storage.
    
    Carsten Helm, Mathias Mier
    
    2021
    
    Journal of Environmental Economics and Management 199, 102497
    
    Information
  - Contribution in Refereed Journal
    
    Market Stability Reserve under exogenous shock: The case of COVID-19 pandemic
    
    Valeriya Azarova, Mathias Mier
    
    2021
    
    Applied Energy 283, 116351
    
    Information
  - Contribution in Refereed Journal
    
    Power Markets in Transition: Decarbonization, Energy Efficiency, and Short-Term Demand Response
    
    Mathias Mier
    
    2020
    
    Energy Economics 86, online
  - Contribution in Refereed Journal
    
    Peak-load pricing with different types of dispatchability
    
    Klaus Eisenack, Mathias Mier
    
    2019
    
    Journal of Regulatory Economics 56 (2), 105-124
    
    Information
  - Contribution in Refereed Journal
    
    On the efficient market diffusion of intermittent renewable energies
    
    Carsten Helm, Mathias Mier
    
    2019
    
    Energy Economics 80, 812-830
    
    Information
Working Papers
- - Working Paper
    
    European Electricity Prices in Times of Multiple Crises
    
    Mathias Mier
    
    ifo Institute, Munich, 2023
    
    ifo Working Paper No. 394
  - Working Paper
    
    Investment Cost Specifications Revisited
    
    Mathias Mier, Valeriya Azarova
    
    ifo Institute, Munich, 2022
    
    ifo Working Paper No. 376
  - Working Paper
    
    Complementary Taxation of Carbon Emissions and Local Air Pollution
    
    Mathias Mier, Jacqueline Adelowo, Christoph Weissbart
    
    ifo Institute, Munich, 2022
    
    ifo Working Paper No. 375
  - Working Paper
    
    Taxation of Carbon Emissions with Social and Private Discount Rates
    
    Mathias Mier, Jacqueline Adelowo
    
    ifo Institute, Munich, 2022
    
    ifo Working Paper No. 374
  - Working Paper
    
    Endogenous Technological Change in Power Markets
    
    Mathias Mier, Jacqueline Adelowo, Valeriya Azarova
    
    ifo Institute, Munich, 2022
    
    ifo Working Paper No. 373
  - Working Paper
    
    Wind Turbine Placement and Externalities
    
    Mathias Mier, Patrick Hoffmann
    
    ifo Institute, Munich, 2022
    
    ifo Working Paper No. 369
  - Working Paper
    
    Collaboration, Decarbonization, and Distributional Effects
    
    Mathias Mier, Kais Siala, Kristina Govorukha, Philip Mayer
    
    ifo Institute, Munich, 2022
    
    ifo Working Paper No. 368
  - Working Paper
    
    Investor Type Heterogeneity in Bottom-Up Optimization Models
    
    Valeriya Azarova, Mathias Mier
    
    ifo Institute, Munich, 2021
    
    ifo Working Paper No. 362
  - Working Paper
    
    Taxation of Carbon Emissions and Air Pollution in Intertemporal Optimization Frameworks with Social and Private Discount Rates
    
    Jacqueline Adelowo, Mathias Mier, Christoph Weissbart
    
    ifo Institute, Munich, 2021
    
    ifo Working Paper No. 360
  - Working Paper
    
    Unraveling the Black Box of Power Market Models
    
    Valeriya Azarova, Mathias Mier
    
    ifo Institute, Munich, 2021
    
    ifo Working Paper No. 357
  - Working Paper
    
    Which Model Feature Matters? An Experimental Approach to Evaluate Power Market Modeling Choices
    
    Mathias Mier, Kais Siala, Lukas Schmidt, Laura Torralba-Diaz, Siamak Sheykhha, Georgios Savvidis
    
    2020
    
    arXiv preprint 2010.16412
  - Working Paper
    
    Costs and Benefits of Political and Physical Collaboration in the European Power Market
    
    Mathias Mier, Kais Siala, Kristina Govorukha, Philip Mayer
    
    ifo Institute, Munich, 2020
    
    ifo Working Paper No. 343 (Revised version: May 2021)
  - Working Paper
    
    Efficient Pricing of Electricity Revisited
    
    Mathias Mier
    
    Ifo Institute, Munich, 2020
    
    ifo Working Paper No. 342 (Revised version: September 2021)
  - Working Paper
    
    MSR under Exogenous Shock: The Case of Covid-19 Pandemic
    
    Valeriya Azarova, Mathias Mier
    
    ifo Institute, Munich, 2020
    
    ifo Working Paper No. 338
  - Working Paper
    
    Steering the Energy Transition in a World of Intermittent Electricity Supply: Optimal Subsidies and Taxes for Renewables Storage
    
    Carsten Helm, Mathias Mier
    
    ifo Institute, Munich, 2020
    
    ifo Working Paper No. 330
  - Working Paper
    
    Peak-load pricing with different types of dispatchability (revised version 2019)
    
    Klaus Eisenack, Mathias Mier
    
    2019
    
    Oldenburg Discussion Papers in Economics 412 (18)
    
    Available at SSRN
  - Working Paper
    
    Efficient pricing of electricity revisited
    
    Mathias Mier
    
    2019
    
    Oldenburg Discussion Papers in Economics 412 (18)
    
    Available at SSRN
  - Working Paper
    
    Technical Appendix of 'Peak-Load Pricing with Different Types of Dispatchability'
    
    Klaus Eisenack, Mathias Mier
    
    2019
    
    Available at SSRN
  - Working Paper
    
    Power Markets in Transition: Decarbonization, Energy Efficiency, and Short-Term Demand Response
    
    Mathias Mier, Christoph Weissbart
    
    ifo Institute, Munich, 2018
    
    ifo Working Paper No. 284
  - Working Paper
    
    Policy Implications of a World with Renewables, Limited Dispatchability, and Fixed Load
    
    Mathias Mier
    
    2018
    
    Oldenburg Discussion Papers in Economic V-412-18
  - Working Paper
    
    Renewables vs. conventional power: Peak-load Pricing with Different Types of Dispatchability
    
    Mathias Mier, Klaus Eisenack
    
    2018
    
    Oldenburg Discussion Papers in Economic V-411-18
  - Working Paper
    
    Subsidising renewables but taxing storage? Second-best policies with imperfect carbon pricing
    
    Carsten Helm, Mathias Mier
    
    2018
    
    Oldenburg Discussion Papers in Economics V-413-18
  - Working Paper
    
    Efficient diffusion of renewable energies: A roller-coaster ride
    
    Carsten Helm, Mathias Mier
    
    2018
    
    Oldenburg Discussion Papers in Economics V-389-16, 2016, revised version 2018
    
    PDF Download
Further Publications
- - Article in Journal
    
    European and German Electricity Prices in Times of Natural Gas Crisis
    
    Mathias Mier
    
    CESifo, Munich, 2022
    
    EconPol Forum 23 (6), 16-22
  - Article in Journal
    
    Erdgas- und Strompreise, Gewinne, Laufzeitverlängerungen und das Klima
    
    Mathias Mier
    
    ifo Institut, München, 2022
    
    ifo Schnelldienst, 2022, 75, Nr. 09, 20-26
  - Article in Journal
    
    How to Design Electricity Markets in the Age of Fluctuating Renewable Energy?
    
    Mathias Mier
    
    ifo Institut, München, 2021
    
    ifo Schnelldienst, 2021, 74, Nr. 12, 57-63
  - Article in Journal
    
    Steering the Energy Transition through Optimal Subsidies and Taxes for Fluctuating Renewable Energy and Storage Facilities
    
    Mathias Mier
    
    ifo Institut, München, 2021
    
    ifo Schnelldienst, 2021, 74, Nr. 12, 64-68
  - Article in Journal
    
    Briefly on the Climate: The Coronavirus Crisis and its Effects on European Emissions Trading
    
    Karen Pittel, Helena Cordt, Sandra Gschnaller, Mathias Mier, Valeriya Azarova
    
    ifo Institut, München, 2020
    
    ifo Schnelldienst, 2020, 73, Nr. 06, 67-71
Projects
- - Project
    
    FAUST – Advanced Approaches for the Analysis of Technological Progress in Electricity Markets
    
    German Federal Ministry for Economic Affairs and Energy
    
    March 2020 - February 2023
  - Project
    
    4NEMO – Research Network for the Development of New Methods in Energy-system Modeling
    
    German Federal Ministry for Economic Affairs and Energy (6th Energy Research Programme of the Federal Government)
    
    November 2016 - October 2019
Academic Background
- 10/2010 - 04/2013 Technical University Berlin – M.Sc. Industrial Engineering and Management - Subject area Management of Energy and Resources
  10/2007 - 03/2011 Technical University Berlin - B.Sc. Industrial Engineering and Management - Subject area Mechanical and Traffic Engineering
  06/2007 Gustav-Heinemann-Oberschule Berlin - General entrance requirement for higher education (Abitur)
Teaching
- Economic Modelling, Microeconomic Theory, Game Theory, Public Economics.
Media contributions
- - Guest article — 7 November 2022
    
    Wohin mit den Windturbinen?
    
    Die zu große Abhängigkeit unserer Wirtschaft von fossilen Energiequellen birgt große Gefahren, wie die hohen Gas- und Strompreise zeigen. Daher plädiert Mathias Mier für mehr Windräder, vor allem an Land. Er zeigt auf, was bei der Standortwahl besonders zu beachten ist.
  - Guest article — 29 November 2021
    
    Besteuerung von CO₂-Ausstoss und lokaler Luftverschmutzung
    
    Jacqueline Adelowo, Mathias Mier und Christoph Weissbart erklären, dass sowohl CO₂als auch lokale Luftverschmutzung bepreist werden sollten, sodass bei ihrer Vermeidung Zielkonflikte und Zielkomplementaritäten im Technologiemix ausbalanciert werden.
  - Guest article — 21 June 2019
    
    Energieeffizienz? Wind und Sonne sind die dominanten Vermeidungstechnologien im Stromsektor!
    
    Mathias Mier und Christoph Weissbart erklären, dass beim Erreichen der europäischen Klimaziele die Energieeffizienz nur eine untergeordnete Rolle spielt. Die Politik sollte sich stattdessen auf den Ausbau von erneuerbaren Energien und die Flexibilisierung der Nachfrage konzentrieren.

Video —

19 April 2022

ifo Podcast: Electricity Generation from Renewable Energies – What Challenges Germany Still Has to Overcome

How is the energy transition changing the pricing of electricity? What role does gas-fired power play in this transition? What might the electricity markets of the future look like? Can the German model of energy transition succeed at all?

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ifo Center for Energy, Climate, and Resources

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About the ifo Institute