Editorial Material
Multidisciplinary Sciences
Navroz K. K. Dubash
Summary: Fossil fuels should be conserved and used primarily in the areas where they have the greatest impact on human well-being.
Article
Environmental Studies
Kayla P. Garrett, Kyra S. Rose, Ryan A. McManamay
Summary: Renewable energy transitions at global and national scales are slower than expected, leading regional and localized entities to take action themselves. Over 200 communities in the US have pledged to achieve 100% renewable energy, but there are still uncertainties and significant gaps in the plans. A study showed that only 40% of communities had public action plans, indicating shortcomings in energy transition plans even at the community scale.
ENERGY RESEARCH & SOCIAL SCIENCE
(2023)
Article
Green & Sustainable Science & Technology
Fathiya Damayra, Tamer Khatib
Summary: This paper examines the importance of renewable energy systems in local sustainability innovation strategies through a policy mix approach. The study analyzes a sample of Palestinian municipalities and local councils and suggests that policymakers should promote cooperation between the public and private sectors, and focus on location factors in order to develop renewable energy systems.
Article
Engineering, Environmental
Dequn Zhou, Fanshuai Hu, Qingyuan Zhu, Qunwei Wang
Summary: Renewable energy quota in China is allocated at provincial level using a zero sum gains data envelopment analysis (ZSG-DEA) model and entropy model, with the rationality evaluated by an environmental Gini coefficient. The allocation results successfully transfer the responsibility of renewable energy quota from western provinces to eastern provinces.
RESOURCES CONSERVATION AND RECYCLING
(2022)
Article
Multidisciplinary Sciences
Ivan Rudnick, Pablo Duenas-Martinez, Audun Botterud, Dimitri J. Papageorgiou, Bryan K. Mignone, Srinivasan Rajagopalan, Michael R. Harper, Karthik Ganesan
Summary: India's electricity demand is expected to triple in the next twenty years, with a significant expansion of renewable energy, particularly solar PV. Energy storage competes with natural gas and coal in integrating renewable energy. Policies that explicitly limit CO2 emissions are more cost-effective and effective at reducing emissions and air pollution compared to renewable portfolio standard (RPS) policies.
Article
Environmental Studies
Yongan Xu, Ming Li, Wen Yan, Jiancheng Bai
Summary: This study investigates the forecasting ability of the Climate Policy Uncertainty (CPU) index on the global renewable energy market returns. It shows that CPU is an excellent positive predictor of the returns of the renewable energy market, outperforming other predictors. The study also finds that a higher CPU index has a stronger predictive ability, especially after the Paris agreement. Additionally, the predictive power of CPU index enhances the economic gain on asset allocation.
Article
Economics
Jeffrey D. Mullen, Luran Dong
Summary: Multiple studies have examined the impact of state-level renewable portfolio standards (RPS) on renewable electricity generating capacity and found that the conclusions are not robust. The 2009 American Reinvestment and Recovery Act has had a significant, positive impact on renewable electricity generating capacity. State-level RPS are not sufficient to reduce greenhouse gas emissions from the electricity sector without federal action.
Article
Green & Sustainable Science & Technology
Tom M. L. Wigley, Sanghyun Hong, Barry W. Brook
Summary: The study evaluated three Integrated Assessment Models (IAMs) and found discrepancies in their predictions related to historical data and future scenarios. It was noted that mitigation technology failures varied greatly among the IAMs, suggesting the need for a more thorough examination of their projections. Recommendations included improving the availability of comprehensive model output for further analysis, ensuring consistent comparative scenarios for assessment, and conducting detailed inter-model comparisons for deeper insights into model credibility.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2021)
Article
Business
Chao Liang, Muhammad Umar, Feng Ma, Toan L. D. Huynh
Summary: This paper uses the GARCH-MIDAS model to explore the predictive power of climate policy uncertainty on the volatility of renewable energy, and introduces other uncertainty indices for discussion. The results show that climate policy exhibits a strong ability to predict the volatility of renewable energy.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(2022)
Article
Green & Sustainable Science & Technology
Marco Antonio Montoya, Gabriela Allegretti, Luis Antonio Sleimann Bertussi, Edson Talamini
Summary: The study examines how different economic sectors in Brazil contribute to global climate change through international trade, showing that Brazil has a much cleaner energy matrix with 47.5% renewable energy. While Brazil is a net importer of virtual non-renewable energy emissions, it is also a net exporter of virtual renewable energy emissions, positively contributing to mitigating climate change. The findings emphasize the importance of promoting trade policies and compensatory mechanisms to support sectors with climate-change comparative advantage and expanding national policies to enhance climate-change competitive advantages.
JOURNAL OF CLEANER PRODUCTION
(2021)
Article
Thermodynamics
Bashri A. A. Yousef, Rahaf Amjad, Noura Ali Alajmi, Hegazy Rezk
Summary: This paper proposes a hybrid system to address the lack of electricity in remote and rural areas. The system combines photovoltaic and diesel generators as the main energy production source, and flywheel and batteries as storage systems. The HOMER software is used for system optimization and economic and environmental impact analysis. Multicriteria decision-making is applied to determine the best alternative.
CASE STUDIES IN THERMAL ENGINEERING
(2022)
Article
Energy & Fuels
Olawale Ogunrinde, Ekundayo Shittu
Summary: This study utilizes the DEA modeling technique to analyze the efficiency and productivity of RE adoption in diverse electricity-generating utilities. The results show that there is no significant difference in RE adoption across regional electricity markets. Additionally, the study finds that RE adoption has increased over the past three years, with a mean improvement of 4.8% in productivity over the entire study period.
Article
Environmental Studies
Fredrik von Malmborg
Summary: The EU legislators have made the 'energy efficiency first' principle legally binding for Member States in policy, planning, and major investment decisions. This article conducts a discourse analysis to explore the politics of the EE1 principle in EU energy and climate policy. Two distinct discourses with different storylines were identified, one focusing on the multiple benefits of energy efficiency and a stronger role for the EE1 principle, and the other focusing on climate change mitigation and a weaker role for EE1. The use of discursive techniques helped overcome these dualities and can assist policymakers in shaping future strategies.
ENERGY RESEARCH & SOCIAL SCIENCE
(2023)
Article
Economics
Jiuping Xu, Guocan Yang, Fengjuan Wang, Kejing Shu
Summary: This paper proposes a multiobjective equilibrium model to develop an annual power plan for a single province in China. A case study in Guangdong province is conducted to demonstrate the practicality and efficiency of the model, with comparison analysis against the current plan. The study finds that the optimal model can achieve higher proportions of renewable electricity and non-hydro renewable energy consumption, while reducing generation costs and CO2 emissions. In addition, policy suggestions are provided for provincial governments to better implement renewable portfolio standards.
Article
Green & Sustainable Science & Technology
Avri Eitan
Summary: The evidence suggests that renewable energies are crucial for reducing greenhouse gas emissions and combating climate change. In Israel, policymakers focus more on promoting renewable energies as a climate change mitigation strategy rather than an adaptation strategy, despite the minor impact of the country on global greenhouse gas emissions. International influence tends to prioritize mitigation over adaptation, shaping the domestic policy discourse on renewable energy.
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.