Article
Environmental Sciences
Haitao Xu, Xiongfeng Pan, Malin Song, Yuduo Lu
Summary: This paper studies the impact of energy price fluctuations on economic levels, showing that energy price fluctuations have high conduction efficiency on general price indexes in non-price-regulated scenarios, but are limited in scenarios where energy prices are regulated by the government.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Green & Sustainable Science & Technology
Weichen Zhong, Junnian Song, Wei Yang, Kai Fang, Xiaoyu Liu
Summary: Household consumption indirectly stimulates industrial production and energy consumption, and this study examines the impact of urban and rural household consumption on industrial energy consumption in China. The research forecasts a doubling of urban consumption-driven IEC by 2030, highlighting the increasing importance of household consumption in shaping industrial development and energy consumption trends under accelerating urbanization.
JOURNAL OF CLEANER PRODUCTION
(2021)
Article
Thermodynamics
Chuanwang Sun, Zhilong Chen, Zhiru Guo, Huixin Wu
Summary: China's rapid economic development has resulted in excessive energy consumption and the emergence of energy rebound effect. This paper examines the energy rebound effect in various industries in China and finds that the indirect rebound effect is higher than the direct rebound effect in most sectors. The study also reveals a correlation between energy efficiency, industry forward linkage degree, and the energy rebound effect.
Article
Economics
Yaxin Zhang, Yuli Shan, Xinzhu Zheng, Can Wang, Yuru Guan, Jin Yan, Franco Ruzzenenti, Klaus Hubacek
Summary: The significant increase in global energy prices caused by the Russian-Ukrainian conflict may lead to higher household living costs and negatively impact Sustainable Development Goals, such as poverty elimination. Using an input-output price model and a human needs framework, a study evaluates the impact of these energy price shocks on eight dimensions of human needs in 49 countries/regions. The study finds that the non-material dimension of Creation and the material dimension of Protection are the most affected globally, with decreases of 3.7%-8.5% and 3.6%-8.4%, respectively. Low-income groups are particularly affected, with the severity of the decline in satisfaction varying by the level of poverty in their country of residence.
Article
Thermodynamics
Xue-Chao Wang, Jiri Jaromir Klemes, Xiao Ouyang, Zihan Xu, Weiguo Fan, Hejie Wei, Weize Song
Summary: This study examines the regional embodied Water-Energy-Carbon efficiency of China's 31 provinces, revealing varying performances in terms of water consumption, energy consumption, and CO2 emissions. Regions with larger values of embodied WEC per capita are mainly located in the east and north-west of China.
Article
Environmental Sciences
Xinyue Lin, Haoran Pan, Lingli Qi, Yi-Shuai Ren, Basil Sharp, Chaoqun Ma
Summary: This paper uses China's input-output table and structural decomposition analysis to identify the main driving factors affecting renewable energy utilization, including changes in consumption structure, technological progress, and per capita final demand. The supply of electric power, heat power, and water, as well as the manufacture of coke and refined petroleum products, are identified as the crucial sectors for achieving energy transition at the production level. However, the proportion of renewable energy has been declining at the household level, indicating the need for government intervention to promote green transitions.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Business
Cristian Mardones, Andres Velasquez
Summary: By simulating subsidies to R&D in Chile, the study finds that an increase in R&D subsidies may slightly reduce prices, increase production, employment, and emissions at the sectoral level. However, the fiscal expenditure required to finance this subsidy is greater than the stimulus on national production, suggesting an increase in the rate of R&D subsidy according to the availability of fiscal resources.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(2021)
Article
Energy & Fuels
Jose M. Cansino, Manuel Ordonez, Manuela Prieto
Summary: This study uses Structural Decomposition Analysis to investigate the rebound effect, finding the total rebound effect caused by energy efficiency improvements in Spain from 2000 to 2014, as well as the direct, indirect, and economy-wide rebound effects. The results show that the rebound effect varies among different sectors and economic scopes.
Article
Environmental Sciences
Haiyu Long, Rui Xie, Chao Gao, Meng Sun, Bin Su
Summary: Analyzing the factors that affect spatial differences in production water consumption in China is crucial for effective water resource management. Economic scale and regional characteristics were found to be the main factors influencing production water consumption.
SCIENCE OF THE TOTAL ENVIRONMENT
(2022)
Article
Engineering, Environmental
Zhan-Ming Chen, Peilin Chen, Manfred Lenzen, Baigao Xiao, Arunima Malik
Summary: This study constructs a dynamic energy input-output model to analyze the embodied energy flows and stocks from 2000 to 2014. The results show that the global fixed capital stock stored a significant amount of embodied energy, which was three times the world's direct energy use. The gaps between the dynamic energy footprints and the traditional ones were larger in fast-developing countries. Net embodied energy usually flowed from high-intensity economies to lower-intensity economies.
ENVIRONMENTAL SCIENCE & TECHNOLOGY
(2022)
Article
Business, Finance
Laura Alfaro, Manuel Garcia-Santana, Enrique Moral-Benito
Summary: The study shows that credit supply shocks have significant direct effects on employment, investment, and output, especially during crises. Trade credit from suppliers and price adjustments in general equilibrium are factors that contribute to the downstream propagation of credit shocks.
JOURNAL OF FINANCIAL ECONOMICS
(2021)
Article
Energy & Fuels
Damira Kecek
Summary: The purpose of this study is to estimate the impact of increasing global energy prices on the stability of the Croatian economy, and compare it with other external shocks. The input-output price model was used to quantify the effect of changes in primary input prices on sectoral prices, and the transmission intensity of these changes between sectors was analyzed. The results indicate that the Croatian economy is highly sensitive to energy price shocks.
Article
Thermodynamics
Guanfei Meng, Hongxun Liu, Jianglong Li, Chuanwang Sun
Summary: This study reveals that China's energy consumption is mainly influenced by factors such as energy flow between regions, growth of residents' income, and technological advancement in industry sectors. During the periods of 2002-2007 and 2007-2012, the growth of residents' income contributed to an increase in energy consumption by 106.7% and 169.8%, while technological advancement in non-industry sectors led to a decrease in energy consumption.
Article
Environmental Sciences
Jingquan Chen, Yishan Guo, Hanning Su, Xiaojun Ma, Ziyan Zhang, Baishu Chang
Summary: This paper delves into the energy consumption of different sectors through a dual evaluation and quantitative analysis, highlighting the non-energy industrial sector as a key player in reducing energy consumption. The ranking and levels of direct and embodied energy consumption in the same sector may vary. The construction industry stands out for its high level of embodied energy consumption compared to direct energy consumption.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Geosciences, Multidisciplinary
Jie Zhang, Meng Lu, Lulu Zhang, Yadong Xue
Summary: This study suggests a method to assess the indirect losses of landslides along highways, finding that the impact of landslides on different sectors depends on their dependence relationship with the transportation sector. Indirect losses increase as repair time increases and decrease as the transportation network becomes more robust.
Article
Economics
Marie-Louise Arlt, David Chassin, Claudio Rivetta, James Sweeney
Summary: This paper examines the impact of real-time pricing and load automation on residential distribution systems. The study finds that implementing real-time pricing can result in an aggregate welfare gain of 39 USD per customer and year. However, it also notes that RTP and load automation may significantly increase peak system load. Introducing a market-based demand management system can further enhance welfare gains and reduce grid investment.
Article
Economics
Javier Jorquera-Copier, Alvaro Lorca, Enzo Sauma, Stefan Lorenczik, Matias Negrete-Pincetic
Summary: As countries update their climate ambitions, low-carbon hydrogen production and use present opportunities for emissions reductions and economic development. A case study for Chile shows that integrating hydrogen and electricity networks can lower system costs and enhance renewable integration, but policy support is needed to address concerns related to water and land use.
Article
Economics
Dawit Guta, Hisham Zerriffi, Jill Baumgartner, Abhishek Jain, Sunil Mani, Darby Jack, Ellison Carter, Guofeng Shen, Jennifer Orgill-Meyer, Joshua Rosenthal, Katherine Dickinson, Rob Bailis, Yuta Masuda
Summary: Household solid fuel use is detrimental to health and the environment. The Indian government's PMUY subsidy has successfully promoted the adoption of LPG by millions of households. However, there is limited understanding of the decision-making process to reduce solid fuel use after transitioning to cleaner fuels. This study found that factors such as household wealth, social status, education level, and the prevalence of LPG use in the village are positively associated with LPG consumption and the discontinuation of solid fuel use. On the other hand, factors such as distance to LPG refill delivery, household size, and the PMUY subsidy are negatively associated with the share of LPG use.
Article
Economics
Nicolas Morell-Dameto, Jose Pablo Chaves-Avila, Tomas Gomez San Roman, Pablo Duenas-Martinez, Tim Schittekatte
Summary: This paper assesses the performance of differently implemented forward-looking network tariff designs and proposes an innovative coordination mechanism to increase predictability in a future with many flexible customers. The study reveals that if large shares of customers synchronize their responses to highly time-varying and locational-specific network charges, it can lead to unexpected reinforcements.
Article
Economics
Alexandra Gritz, Guntram Wolff
Summary: Russia's weaponization of gas supplies shook the energy security of Central and Eastern Europe in 2022. The region responded by increasing alternative energy supplies and developing new gas supply routes. Renewable energy, nuclear energy, and hydrogen play important roles in the long-term. Mitigating the impact of this shock requires the EU to prioritize the integrity of its energy market.
Article
Economics
Jaroslaw Kantorowicz, Marion Collewet, Matthew DiGiuseppe, Hendrik Vrijburg
Summary: Economic costs are a major political obstacle to investing in climate change mitigation and adaptation measures. The method of financing plays a crucial role in determining public opposition to government green investments, with debt financing being less opposed than broad-based taxes. This study suggests that credit market tools, such as green bonds and debt for climate swaps, can be politically efficient in increasing support for green financing. Carbon taxes and wealth taxes are found to be the most preferred options.
Article
Economics
Kun Guo, Liyuan Luan, Xiaoli Cai, Dayong Zhang, Qiang Ji
Summary: This paper investigates China's energy trade stability using a survival analysis approach. It finds that the energy trade linkages between China and 153 other countries are complex and unstable, with short periods of trade with many countries. Geopolitically risky regions, such as the Middle East and Africa, have the lowest trade stability. Climate risks have significant effects on energy trade stability. The paper proposes several policy options to improve energy trade stability in China, with special attention to increasing global climate risks.
Article
Economics
Simona Bigerna, Piyush Choudhary, Nikunj Kumar Jain, Silvia Micheli, Paolo Polinori
Summary: This study estimates the willingness to pay of Indian urban consumers for a continuous supply of electricity using contingent valuation method. The findings show that the amount consumers are willing to pay depends on the duration of power outages, with households preferring shorter outages. Income and environmental attitude also positively influence higher willingness to pay. These insights can inform policymakers in designing more reliable and customer-centric energy generation and distribution models.
Article
Economics
Temilade Sesan, Unico Uduka, Lucy Baker, Okechukwu Ugwu, Ewah Eleri, Subhes Bhattacharyya
Summary: This study examines the impact of the regulatory framework on rural electrification and universal energy access goals in Nigeria's mini-grid sector. The findings suggest that while the current framework has fostered sector growth, additional measures are necessary to ensure equitable distribution of access among rural populations.
Article
Economics
Rui Shan, Noah Kittner
Summary: Energy storage is a cornerstone in decarbonization planning as it reduces operational costs and greenhouse gas emissions, while enhancing resilience and renewables integration. However, storage developers in different regions have varying economic and environmental considerations, thereby requiring policy intervention to achieve long-term emission reductions.
Article
Economics
Tung Durmaz, Sevil Acar, Simay Kizilkaya
Summary: This study investigates the phenomenon of strategic capacity withholding in the Turkish electricity market and its relationship with the capacity remuneration mechanism. The empirical results provide strong evidence of strategic capacity withholding and show that the capacity mechanism contributes to the duration of failures. The study offers important insights for policymakers, including the implementation of a random verification mechanism and restructuring of the capacity mechanism in Turkey.
Article
Economics
Tii N. Nchofoung
Summary: The study finds that oil price shocks have a negative impact on Africa's energy transition, particularly in rural areas and net crude oil exporting countries. However, oil price shocks cannot explain the urban-rural differences in clean energy access. Therefore, increasing investment in clean energy and technologies in rural areas is necessary to enhance the resilience of the energy sector to oil price shocks.
Article
Economics
Najia Saqib, Muhammad Usman, Ilhan Ozturk, Arshian Sharif
Summary: This study examines the impact of environmental technologies, financial growth, and energy use on ecological footprint and green growth. Environmental innovation and renewable energy deployment contribute to green growth, while financial expansion and non-renewable energy use have negative effects on the environment. The study also identifies causal relationships between different factors.
Article
Economics
Yessica C. Y. Chung, Noxolo Kunene, Hung-Hao Chang
Summary: The Renewable Energy Certificate (REC) is considered an innovative technology for building a green society. This study investigates the impact of REC purchases on stock return and volume in Taiwan between 2017 and 2021. The findings suggest that REC purchases have a positive effect on stock returns of manufacturing firms but not service firms. The frequency of REC purchases is also an important factor in the relationship between REC purchase and firm value. Additionally, the study reveals that public attention to environmental pollution plays a crucial role in positive stock returns and volume, while ESG disclosure is negatively associated with returns and volume.
Article
Economics
Seife Ayele, Wei Shen, Yacob Mulugetta, Tadesse Kuma Worako
Summary: This paper addresses the challenges of governing energy procurement from a mix of non-hydropower renewable energy sources supplied by independent producers. Building on political economy analysis and five case studies of independent producer projects from Ethiopia, it seeks to understand the root causes of the protracted delays and limited extent of procurement by independent producers. The key contestations lie in managing long term contracts, risk, uncertainty and in developing the institutional and human capacity to transition.