Market performance and distributional effects on renewable energy markets

A renewable obligation combined with tradable renewable energy certificates is a market-based instrument used to promote the production of electricity from renewable energy sources. A renewable obligation is an alternative for subsidies. A renewable obligation will only be an efficient instrument if certificate markets are efficient. This requires that there is no market power and no anti-competitive behaviour on the certificate market. If the current developments in Dutch renewable energy production continue, market power on a future renewable certificate market in the Netherlands will probably not be an issue, even if the RO should only rest on the retail market instead of on the whole electricity market. A renewable obligation will raise the retail price for consumers, thereby reducing consumer surplus. Simulations show that the retail electricity price increases with € 30 per MWh to a level of € 104 per MWh in case of a 30% renewable target. Consumer surplus is reduced with 19% compared to the baseline scenario. In contrast, a subsidy such as the Dutch SDE which is financed from the state budget has the effect to (slightly) lower the retail electricity price, thereby increasing consumer surplus. It should however be realised that the costs of the subsidy will indirectly affect electricity consumers through their tax payments.

A new index of semantic short-term memory: Development and validation of the conceptual span task in Spanish

Mounting evidence from both cognitive and neuropsychological research points to the importance of conceptual and lexical-semantic contributors to short-term memory performance. Nonetheless, a standardized and well-controlled measure to assess semantic short-term memory was only recently developed for English-speakers, and no parallel measure exists for Spanish-speakers. In the conceptual replication and extension reported here, we develop and validate a Spanish adaptation of the Conceptual Span task as a tool to measure the semantic component of short-term memory. Two versions of the task were validated, the Clustered and the Non-Clustered Conceptual Span task, both in separate samples of 64 and 105 Spanish-speaking university students. We found that both versions of the Conceptual Span task correlate well with another widely used standardized measure of working memory capacity, the Reading Span task. The two versions also correlated, as expected, with discrimination of linguistic congruency as assessed by a semantic anomaly judgment task. Clustered Conceptual Span remained a significant predictor of Reading Span when controlling for several additional cognitive variables, including fluid reasoning, text comprehension, verbal fluency, ideational fluency, and speed of processing. Our results present evidence that the Spanish adaptation of both versions of the Conceptual Span task can yield reliable estimates of the active maintenance of semantic representations in verbal working memory-an under-investigated ability that is involved in diverse domains such as episodic memory retrieval, language processing, and comprehension. Thus, the Conceptual Span task validated here can be employed to predict individual variation in semantic short-term memory capacity in a broad range of research domains

"Blurred lines": how different views on baboon agency shape the conservation policy making dialogue in Cape Town, South Africa

ASC – Publicaties zonder aanstelling Universiteit Leide

Capacity vs Energy Subsidies for Renewables: Benefits and Costs for the 2030 EU Power Market

Policy makers across Europe have implemented renewable support policies with several policy objectives in mind. Among these are achieving ambitious renewable energy targets at the lowest cost and promoting technology improvement through learning-by-doing. Although subsidy mechanisms based on energy out-put are cost-effective for achieving a certain renewable energy target in the short run, policies tied to capacity installation might be more effective in reducing technology costs in the longer term. We address the question of how policies that subsidize renewable energy (feed-in premia and renewable portfolio standards (RPSs)) versus capacity (investment subsidies) impact the mix of renewable investments, electricity costs, renewable share, the amount of subsidies, and consumer prices in the EU electric power market in 2030. Our analysis is unique in its focus on the market impacts of capacity-oriented vs energy-oriented policies while considering a realistic landscape of diverse and time-varying loads and renewable resources (including existing and potential hydro, wind, and solar resources), as well as fossil-fuelled generators and network constraints

Modifying memory for a museum tour in older adults: reactivation-related updating that enhances and distorts memory is reduced in ageing

Memory reactivation, the activation of a latent memory trace when we are reminded of a past experience, strengthens memory but can also contribute to distortions if new information present during reactivation is integrated with existing memory. In a previous study in young adults (St. Jacques & Schacter, 2013; Psychological Science) we found that the quality of memory reactivation, manipulated using the principle of encoding specificity and indexed by recollection ratings, modulated subsequent true and false memories for events experienced during a museum tour. Here, we examined age-related changes in the quality of memory reactivation on subsequent memory. Young and older adults reactivated memories for museum stops immediately followed by the presentation of a novel lure photo from an alternate tour version (i.e., reactivation plus new information). There was an increase in subsequent true memories for reactivated targets and for subsequent false memories for lures that followed reactivated targets, when compared to baseline target and lure photos. However, the influence of reactivation on subsequent memories was reduced in older adults. These data reveal that aging alters reactivation-related updating processes that allow memories to be strengthened and updated with new information- consequently reducing memory distortions in older compared to young adults

The cognitive neurosciences of constructive memory.

ABSTRACT Numerous empirical and theoretical observations point to the constructive nature of human memory. This paper reviews contemporary research pertaining to two major types of memory distortions that illustrate such constructive processes: (a) false recognition and (b) intrusions and confabulations. A general integrative framework that outlines the types of problems that the human memory system must solve in order to produce mainly accurate representations of past experience is first described. This constructive memory framework (CMF) emphasizes processes that operate at encoding (initially binding distributed features of an episode together as a coherent trace; ensuring sufficient pattern separation of similar episodes) and also at retrieval (formation of a sufficiently focused retrieval description with which to query memory; postretrieval monitoring and verification). The framework is applied to findings from four different areas of research: cognitive studies of young adults, neuropsychological investigations of brain-damaged patients, neuroimaging studies, and studies of cognitive aging. CONTENT