Mannheim Institute for Sustainable Energy Studies (MISES)

Das Mannheim Institut für Sustainable Energy Studies (MISES) unter der Leitung von Prof. Stefan Reichelstein, Ph.D. unter­sucht die Herausforderungen und Innovations­möglichkeiten, die sich aus einem Wechsel zu einer Zukunft mit nachhaltiger Energieversorgung ergeben. Ein besonderer Fokus der Studien des MISES liegt auf den Kosten, die mit alternativen dekarbonisierten Strategien verbunden sind. Das Spektrum an Projekten umfasst den Energie-, Trans­port- und Industriesektor. In diesen Themen sucht das Team um Stefan Reichelstein den ständigen Austausch mit externen Wissenschaft­ler*innen, Unter­nehmen und Politiker*innen.

Neue Forschungs­arbeiten

Compliance Costs and Real Effects of the EU Deforestation Regulation.
A. Bach, F. Habermann, and N. Rudolf (2025). This study explores the financial and environmental impact of the EU Deforestation-Free Regulation (EUDR), showing that firms with greater exposure experienced negative market reactions following key regulatory events.
No Place Like Home: Charging Infrastructure and the Environmental Advantage of Plug-in Hybrid Electric Vehicles.
J. Gessner, W. Habla, B. Rübenacker, and U. J. Wagner (2025). This study examines whether providing home charging infrastructure can increase electric usage in company-owned plug-in hybrid vehicles, a key challenge for European firms aiming to lower fleet emissions.
Innovations in Corporate Carbon Accounting.
S. Reichelstein (2024). This article synthesizes recent innovations by select firms, industry consortia, and academic studies in the field of corporate carbon accounting.
Corporate Carbon Accounting: Current Practices and Opportunities for Research.
G. Glenk (2024). This paper reviews current practices in corporate carbon accounting, synthesizes observations from a financial accounting perspective, and highlights opportunities for future research.
Nahaufnahme eines Elektrofahrzeugs beim Aufladen
Fair Market Valuation of Electric Vehicle Batteries in Second Life Applications
Bach, A., Onori, S., Reichelstein, S., Zhuang, J. This paper develops a generic economic valuation model for used capacity assets in which second life usage requires repurposing costs and delays the receipt of recycling payoffs.

Aktuelle Veröffentlichungen

Innovations in Corporate Carbon Accounting

S. Reichelstein (2025). Foundations and Trend in Accounting, 19 (3–4).

This article synthesizes recent innovations by select firms, industry consortia, and academic studies in the field of corporate carbon accounting.

Corporate Carbon Accounting: Current Practices and Opportunities for Research

G. Glenk (2025). Foundations and Trends in Accounting, 19 (3–4), 1–31.

This paper reviews current practices in corporate carbon accounting, synthezises observations from a financial accounting perspective, and highlights opportunities for future research.

Technoeconomic Decision Support for Second-Life Batteries

J. Zhuang, A. Bach, B. van Vlijmen, S. Reichelstein, W. Chueh, S. Onori, and S. Benson (2025). Applied Energy, 390, 1–15.

This paper proposes a technoeconomic decision support model to evaluate retired batteries from both technical and economic perspectives. 

Industriegebiet aus der Vogelperspektive
Corporate carbon accounting: balance sheets and flow statements

S. Reichelstein (2024). Review of Accounting Studies 29, 2125–2156.

This paper describes a trans­actional carbon accounting system which takes the rules of historical cost accounting for operating assets as a template for generating carbon emissions (CE) statements comprising a balance sheet and a flow statement. 

Eine industrielle Elektrolyseanlage mit der Aufschrift "Sunfire" steht zwischen zwei Containerwänden.
Advances in Power-to-Gas Technologies: Cost and Conversion Efficiency

G. Glenk, P. Holler, and S. Reichelstein (2023). Energy & Environmental Science, 12, 6058-6070.

This paper provides a comprehensive assessment of the dynamics of system prices and conversion efficiency for three currently prevalent PtG technologies. 

Applications of the Levelized Cost Concept

A. Bach, M. Blaschke, G. Friedl, L. Kemmer, and S. Reichelstein (2023). Journal of Business Economics, 93, 1125–1148.

This paper describes the role of the levelized cost concept in cost accounting and synthesizes multiple research streams in connection with electricity, energy storage, hydrogen and carbon capture.