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Records with Subject: Energy Policy
Showing records 161 to 185 of 1181. [First] Page: 1 4 5 6 7 8 9 10 11 12 Last
Optimal Energy Management of a Grid-Tied Solar PV-Battery Microgrid: A Reinforcement Learning Approach
Grace Muriithi, Sunetra Chowdhury
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: Markov decision process, microgrid, Q-learning, renewable energy resources, smart control policy
In the near future, microgrids will become more prevalent as they play a critical role in integrating distributed renewable energy resources into the main grid. Nevertheless, renewable energy sources, such as solar and wind energy can be extremely volatile as they are weather dependent. These resources coupled with demand can lead to random variations on both the generation and load sides, thus complicating optimal energy management. In this article, a reinforcement learning approach has been proposed to deal with this non-stationary scenario, in which the energy management system (EMS) is modelled as a Markov decision process (MDP). A novel modification of the control problem has been presented that improves the use of energy stored in the battery such that the dynamic demand is not subjected to future high grid tariffs. A comprehensive reward function has also been developed which decreases infeasible action explorations thus improving the performance of the data-driven technique. A... [more]
Mineral Policy within the Framework of Limited Critical Resources and a Green Energy Transition
Silviu Nate, Yuriy Bilan, Mariia Kurylo, Olena Lyashenko, Piotr Napieralski, Ganna Kharlamova
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: depletion, fuzzy logic, index of availability, linear trend, minerals
The green energy transition is associated with the use of a wide range of metals and minerals that are exhaustible. Most of these minerals are limited in access due to small resource fields, their concentration in several locations and a broader scale of industry usage which is not limited exclusively to energy and environmental sectors. This article classifies 17 minerals that are critical in the green energy transition concerning the 10 main technologies. The following classification signs of metal resources were used: (1) the absolute amount of metals used in the current period for energy; (2) projected annual demand in 2050 from energy technologies as a percentage of the current rate; (3) the number of technologies where there is a need for an individual metal; (4) cumulative emissions of CO2, which are associated with metal production; (5) period of reserves availability; (6) the number of countries that produced more than 1% of global production; (7) countries with the maximum an... [more]
Valuation of Energy Security for Natural Gas—European Example
Piotr Kosowski, Katarzyna Kosowska
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: Energy, energy security, Europe, Natural Gas, UGS, underground gas storage, valuation
Recently there has been an ongoing discussion about energy security. This has been caused by tensions affecting international relations, and the emergence of new geopolitical threats. As one of the main sources of primary energy, natural gas is an obvious subject of interest in this discussion. In Europe, the natural gas market is rapidly evolving, which has resulted in a lack of clarity regarding who is responsible for the security of the gas supply. It is not clear now how to measure the security of the gas supply in economic estimates and by whom that security should be financed. In this paper, the authors present an approach which can be used for valuation of energy security concerning the security of natural gas storage using stochastic modelling based on the mathematical model of the “Newsvendor problem”. The valuation is made from the point of view of countries and considers their individual attitudes to the risk of disruption of deliveries, which is a novel approach to the prob... [more]
Greening Energy Finance of Multilateral Development Banks: Review of the World Bank’s Energy Project Investment (1985−2019)
Jeong Won Kim, Jae-Seung Lee
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: energy finance, energy transition, multilateral development bank, renewable energy investment, World Bank
To effectively mitigate global greenhouse gas emissions, both industrialized and developing countries should participate in the energy transition that to replace fossil fuels with renewable energy. Multilateral development banks (MDBs) have been scaling up their renewable energy finance to developing countries to help them achieve their renewable energy targets. This study examines the evolution of energy financing of the World Bank, the oldest and largest MDB, by reviewing and estimating its sector-specific energy investments made over the last 35 years (1985−2019). The results confirm that the World Bank is on the right track supporting energy transition in developing countries, overall; however, limitations exist. While the share of investments in non-hydro renewable energy (NHRE) in the World Bank’s total energy finance was expanded from 1% (1985−1990) to 16.5% (2011−2019), the share of fossil fuels contracted from 51.8% (1985−1990) to 15.2% (2011−2019). However, commitments to fos... [more]
Determinants of Decarbonization—How to Realize Sustainable and Low Carbon Cities?
Wojciech Drożdż, Grzegorz Kinelski, Marzena Czarnecka, Magdalena Wójcik-Jurkiewicz, Anna Maroušková, Grzegorz Zych
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: climate changes, decarbonization, energy efficiency in the cities, energy transition in the cities, low carbon policy
The objective of this paper is to identify the determinants of decarbonization processes in Poland by urban and rural areas. It also presents directions for knowledge diffusion on decarbonization to develop a sustainable energy strategy for Poland, particularly for local governments and cities. Despite extensive research on the determinants of decarbonization and sustainable energy development, there is a lack of specific solutions in this area. The authors of this paper investigated which determinants, according to the respondents, would lead to better decarbonization solutions in cities and villages in terms of sustainability. The studied sample was purposefully selected and an online questionnaire was used with the use of the “snowball” method. The authors conducted surveys that allowed the concerned parties themselves (respondents) to indicate which factors they believe best influence decarbonization. Such measures are helpful in terms of the understanding public acceptance of deca... [more]
De-Risking Wood-Based Bioenergy Development in Remote and Indigenous Communities in Canada
Jennifer Buss, Nicolas Mansuy, Sebnem Madrali
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: Biomass, climate change, community-based management, off-grid community, traditional knowledge
Remote and Indigenous communities in Canada have a unique opportunity to mobilize the vast amount of wood-based biomass to meet their energy needs, while supporting a local economy, and reducing greenhouse gas (GHG) emissions. This study realized in collaboration with five remote and Indigenous communities across Canada investigates the main barriers and potential solutions to developing stable and sustainable wood-based bioenergy systems. Our results highlight that despite the differences in available biomass and geographical context, these communities face common policy, economic, operational, cultural, social, and environmental risks and barriers to developing bioenergy. The communities identified and ranked the biggest barriers as follows; the high initial investment of bioenergy projects, the logistical and operational challenges of developing a sustainable wood supply chain in remote locations, and the limited opportunities for community leadership of bioenergy projects. Environm... [more]
Challenges for Energy Transition in Poverty-Ridden Regions—The Case of Rural Mixteca, Mexico
Laura-Patricia Oviedo-Toral, Davi Ezequiel François, Witold-Roger Poganietz
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: cross-impact balance, energy transition, poverty alleviation, Renewable and Sustainable Energy, rural areas, scenario analysis, socio-technical system, transformation pathways
This paper presents distinct scenario pathways and their storylines resulting from an analysis of interdependencies. We identified the main drivers of a proposed renewable energy transition in rural Mixteca-Puebla, Mexico. By analyzing the main factors involved in alleviating impoverished communities in the rural region, we show the varying degrees to which these drivers influence, support, or hinder a promising energy transition. A Cross-Impact Balance Analysis was conducted to explore the multiple inter-relationships among a set of conditions. This methodology allowed us to evaluate the relationships between social, political, cultural, and environmental variables. The main drivers were identified as clusters of several elements, in which the uncertainties in governance and the legal system trigger the inter-relationship of forces in the area. The focus of this paper is to show how the societal aspects affect the structural energy transformation and its capacity for adaptation in fut... [more]
Current Status of Energy Production from Solid Biomass in Southern Italy
Cristina Moliner, Elisabetta Arato, Filippo Marchelli
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: biomass-to-energy, circular economy, energy transition, Renewable and Sustainable Energy, Southern Italy
This work analyses and discusses data on thermochemical plants in Southern Italy that are fed with solid biomass. The analysis takes into account the biomass availability and potential together with the cost-benefit analysis using technology development and economic indicators (LCOE). A total of 63,762 units have been categorised according to the employed technology and produced energy: power plants for electricity production or cogeneration plants for combined heat and electricity production (53 plants) and thermal units for heat production (63,709 units). The eight regions of the area have noteworthy differences. In terms of electricity generated from solid biomass Calabria is by far the largest producer, followed by Apulia. Sicily, Sardinia and Molise provide lower amounts while Abruzzo, Basilicata and Campania generate almost negligible amounts. Regarding thermal production, Campania and Calabria are the largest producers, but Basilicata, Molise and Abruzzo generate the highest amo... [more]
Local Communities’ Energy Literacy as a Way to Rural Resilience—An Insight from Inner Peripheries
Justyna Chodkowska-Miszczuk, Maria Kola-Bezka, Agata Lewandowska, Stanislav Martinát
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: energy literacy, energy transition, local communities, Poland, rural resilience
Energy transition is surely not only about the technological change, but it also has to necessarily reflect socio-cultural and environmental transformations on the local level. Hence, local communities’ energy literacy belongs to the crucial elements in designing successful energy transition and strengthening rural resilience. Energy literacy is a concept widely related to the multifaceted phenomenon of energy consumption, both in its individual and collective dimensions. Therefore, the aim of the present study is to analyse the level of energy literacy in rural conditions, considering its three key dimensions (awareness, attitude, and behaviour). Our reflective considerations about energy literacy build on the current knowledge that stress its importance for the reinforcement of rural resilience. The case study, Zławieś Wielka, in the north-central Poland, was selected where a social survey (N = 300) on the relation between energy literacy and rural resilience was conducted. By means... [more]
Reverse Causality between Oil Policy and Fiscal Policy? The Venezuelan Experience
Osmel Manzano, Jose Luis Saboin
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: fiscal policy, fiscal voracity, intergenerational accounting, oil expropriation cycles, oil policy, Venezuela
This paper uses a model of intergenerational accounting to simulate the intergenerational distribution of oil wealth in Venezuela. Venezuelan oil production does not seem to follow an optimal extraction path. Nevertheless, this is true if we do not consider what the government does with the resources received from the oil sector. We explored the interaction of oil policy and fiscal policy using such intergenerational accounting model. We argue that the way in which tax revenues (both, those coming from oil and those who do not) are used today can affect voters preferences on how they will be used tomorrow. These interactions could explain certain outcomes. In particular, the model could explain why the sector was open for investment in 1991 and then “re-nationalized” in 2001. Results suggest that when fiscal policy could leave an important burden to future generations, voters seem to favor a more tax-oriented oil policy, leaving the oil in the subsoil.
A Mathematical Description of Selected Energy Transition Scenarios in the 21st Century, Intended to Realize the Main Goals of the Paris Climate Agreement
Askar A. Akaev, Olga I. Davydova
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: decarbonization policy, decentralization of energy systems, electrification of energy consumption, Energy Efficiency, energy transition, global warming, mathematically-oriented scenario writing, Paris Climate Agreement, renewable energy sources, smart grids
On 4 November 2016, the historic Paris Climate Agreement of the United Nations entered into force, requiring signatory countries to maintain global warming at the level of 1.5−2 °C. According to the calculations of the Intergovernmental Panel on Climate Change (IPCC), to achieve this goal, a 2/3 reduction in greenhouse gas energy emissions into the atmosphere compared with gaseous energy-related emissions in 2019 (33.3 Gt) by about 2050 (1.5 °C) or by 2070 (2 °C) is required. According to the International Renewable Energy Agency (IRENA), this is only possible with the implementation of a great energy transition from the use of currently dominant fossil hydrocarbon fuels—coal, oil, and natural gas—to the predominant use of renewable energy sources (RES) by 2040−2050, when the share of renewable energy in the total energy balance will reach 40% and above. In this work, mathematical description of an upcoming energy transition has been carried out, including long-term scenario writing of... [more]
The Spanish Energy Transition into the EU Green Deal: Alignments and Paradoxes
José Antonio Peña-Ramos, María del Pino-García, Antonio Sánchez-Bayón
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: energy transition, EU Green Deal, geopolitics, political economy, renewable energies
Climate change, clean energy transition, the energy security quest, and international relations have triggered the revival of renewable energy as a solution to these problems. Nowadays, there is an energy transition where renewable energies bring geopolitical changes in a world where fossil fuels are becoming less relevant. This article aims to assess how the transition influences Spain’s energy relations with other countries regarding electricity and its sources, in alignment with the European Green Deal. In order to do so, its current energy situation, the renewable energies development and its energy import-export relations are examined. The results show that despite progress in green regionalization through more electric interconnection, little difference is to be found in traditional relations with fossil fuel countries exporters, but more are the contractions in Spanish energy economic policy, as here is explained.
The Impact of the Climate Action Programme 2030 and Federal State Measures on the Uptake of Renewable Heating Systems in Lower Saxony’s Building Stock
Isabel Haase, Herena Torio
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: building stock, Climate Action Program 2030, federal state, heating systems, Lower Saxony, renewables
A heating transition is urgently needed to fulfil the national CO2 reduction targets in Germany. Thus, in 2019, there has been a strong policy push towards increasing the share of renewables in heating through the introduction of the Climate Action Programme 2030 and the reform of existing policies. In addition to the policy landscape on the national level, federal states have further leeway to implement policies; these options are currently largely unresearched. In order to fill this gap, we developed a System Dynamics Model for Lower Saxony to determine the effect of recent policy changes as well as additional regional subsidy schemes on the heating market. The results show that even though changes in subsidies can increase the renewable uptake considerably, the CO2e and energy demand reduction targets are not met in any of the examined scenarios. Furthermore, the model shows that policy formulation must take the inertia of the sector into account and completely turn away from fossil... [more]
Digital Transformation of Energy Companies: A Colombian Case Study
Sandra Giraldo, David la Rotta, César Nieto-Londoño, Rafael E. Vásquez, Ana Escudero-Atehortúa
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: Artificial Intelligence, digital transformation, energy commercialization, energy trading, energy transition, hydropower projects, Industry 4.0, Renewable and Sustainable Energy, risk management
The United Nations established 17 Sustainable Development Goals (SDGs), and the fulfillment of the 7th, defined as “Ensure access to affordable, reliable, sustainable, and modern energy for all”, requires energy industry transitions and digital transformations, which implies that diverse stakeholders need to move fast to allow the growth of more flexible power systems. This paper contains the case report that addresses the commercial digital transformation process developed at AES Colombia, through the implementation of a modern platform based on specialized applications that use Industry 4.0 tools. The Chivor hydropower project, a 1000-MW powerplant that covers 6% of Colombia’s demand, which is owned by AES Colombia and constitutes its primary asset, is first described. Then, a description of Colombia’s complex market (energy matrix, trading and dispatch mechanisms, and future projects) is presented. Then, the methodology followed for the digital transformation process using modern to... [more]
Sustainability Evaluation of Rural Electrification in Cuba: From Fossil Fuels to Modular Photovoltaic Systems: Case Studies from Sancti Spiritus Province
Alejandro López-González, Bruno Domenech, Laia Ferrer-Martí
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: Cuba, energy transition, Renewable and Sustainable Energy, rural electrification
In the last ten years, there has been a progressive improvement in rural electrification indexes in developing countries, and renewable energies are progressively being integrated into electrification programs. In Cuba, the government has set a target of 700 MW in solar photovoltaic energy by 2030, including rural electrification and off-grid systems. Within this framework, 10,000 modular systems of 300 Wp are being installed in isolated communities. Nowadays, previously diesel-electrified settlements are migrating into renewable energy technologies projects in rural Cuba. The objective of this research is to evaluate the sustainability of these changes in order to identify the implications for other developing countries, taking four different dimensions into account: environmental, technical, socioeconomic, and institutional. For this purpose, the rural communities of Yaguá (diesel-based) and Río Abajo (solar-based) in the province of Sancti Spiritus are visited and studied. Results s... [more]
Importance of Agriculture in Creating Energy Security—A Case Study of Poland
Stanisław Bielski, Renata Marks-Bielska, Anna Zielińska-Chmielewska, Kęstutis Romaneckas, Egidijus Šarauskis
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: Biofuels, Biomass, energy agriculture, Poland, renewable energy sources (RES)
Analyses of statistical data were made and their results discussed in this article to identify the level of Poland’s energy security and to determine the role of agriculture in ensuring it. It has been demonstrated that coal continues to be the staple resource for the generation of energy in Poland. The current demands and requirements concerning the reduced consumption of non-renewable resources and Poland’s obligations towards the European Union regarding the production of energy from renewable resources—all these considerations contribute to the promotion of a skillful development of energy crop farming, which, in Poland, is likely to be very successful. Agriculture plays an important role in ensuring Poland’s energy security, and this branch of farming can grow dynamically provided adequate legal regulations and promotion are in place. The chief resource for renewable energy generation is biomass. Straw and biogas production in agricultural biogas plants are two solutions whose ful... [more]
Composed Index for the Evaluation of Energy Security in Power Systems within the Frame of Energy Transitions—The Case of Latin America and the Caribbean
Sergio Fuentes, Roberto Villafafila-Robles, Joan Rull-Duran, Samuel Galceran-Arellano
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: energy security, energy transitions, Latin America, power system, Renewable and Sustainable Energy
Energy transitions are transforming energy systems around the globe. Such a shift has caused the power system to become a critical piece of infrastructure for the economic development of every nation on the planet. Therefore, guaranteeing its security is crucial, not only for energy purposes but also as a part of a national security strategy. This paper presents a multidimensional index developed to assess energy security of electrical systems in the long term. This tool, named the Power System Security Index (PSIx), which has been previously used for the evaluation of a country in two different time frames, is applied to evaluate the member countries of the Latin American Energy Organization, located within the Latin America and the Caribbean region, to measure its performance on energy security. Mixed results were obtained from the analysis, with clear top performers in the region such as Argentina, while there are others with broad areas of opportunity, as is the case of Haiti.
Towards Deep Decarbonisation of Energy-Intensive Industries: A Review of Current Status, Technologies and Policies
Anissa Nurdiawati, Frauke Urban
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: decarbonisation, emission, energy-intensive industry, low carbon technology, policy
Industries account for about 30% of total final energy consumption worldwide and about 20% of global CO2 emissions. While transitions towards renewable energy have occurred in many parts of the world in the energy sectors, the industrial sectors have been lagging behind. Decarbonising the energy-intensive industrial sectors is however important for mitigating emissions leading to climate change. This paper analyses various technological trajectories and key policies for decarbonising energy-intensive industries: steel, mining and minerals, cement, pulp and paper and refinery. Electrification, fuel switching to low carbon fuels together with technological breakthroughs such as fossil-free steel production and CCS are required to bring emissions from energy-intensive industry down to net-zero. A long-term credible carbon price, support for technological development in various parts of the innovation chain, policies for creating markets for low-carbon materials and the right condition for... [more]
Regional Flexibility Markets—Solutions to the European Energy Distribution Grid—A Systematic Review and Research Agenda
Tobias Rösch, Peter Treffinger, Barbara Koch
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: EEG, electric power grids, energy policy Germany, photovoltaic wind energy, power grid stability, pricing
The German government is aiming to increase the share of renewable energies in the electricity supply to 80% in 2050. To date, however, neither the technical requirements nor the market requirements to implement this aim are provided: Germany is struggling to establish the technical requirements and the market requirements to meet this goal. As an important incentive mechanism, the German government has used and continues to use support measures, such as guaranteed feed-in tariffs, and continuously adapts these to market developments and requirements of the European Union. The purpose of the study is to outline a concept for the implementation of regional flexibility markets in Europe based on a thorough review of technical solutions. The method of a comprehensive review of research in regional flexibility markets of electricity, distribution, and pricing from the study is applied to summarize and discuss the opportunities, risks, and future potentials of grid distribution technology.... [more]
Analysis of Changes in the Aggregate Exergy Efficiency of China’s Energy System from 2005 to 2015
Yuancheng Lin, Chinhao Chong, Linwei Ma, Zheng Li, Weidou Ni
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: aggregate exergy efficiency, driving factors, LMDI, Sankey diagram, Societal Exergy Analysis
Analysis of the change of overall energy efficiency performance of an energy system is a fundamental work for the energy-saving policymaking. However, previous studies seldom focus on energy stages from useful energy to final service, while most attention are paid on stages from energy source to useful energy. In this paper, we develop a high-resolution the Societal Exergy Analysis and Logarithmic Mean Divisia Index (SEA-LMDI) method to analysis changes and driving factors of the aggregate exergy efficiency, in which the boundary of the SEA is extended to passive systems and final services, and a LMDI decomposition method is developed to quantify contributions of efficiency factors and structure factors of all six stages on the aggregate exergy efficiency. A case study of China during 2005−2015 reveals that: (a) the aggregate exergy efficiency from energy source to final service is only from 3.7% to 4.8% during 2005−2015, showing a huge theoretical potential of efficiency improvement.... [more]
Towards a Digital Product Passport Fit for Contributing to a Circular Economy
Thomas Adisorn, Lena Tholen, Thomas Götz
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: digitalization, easy-to-repair design, Energy Efficiency, life cycle assessment, product policy, resource efficiency
The Digital Product Passport (DPP) is a concept of a policy instrument particularly pushed by policy circles to contribute to a circular economy. The preliminary design of the DPP is supposed to have product-related information compiled mainly by manufactures and, thus, to provide the basis for more circular products. Given the lack of scientific debate on the DPP, this study seeks to work out design options of the DPP and how these options might benefit stakeholders in a product’s value chain. In so doing, we introduce the concept of the DPP and, then, describe the existing regime of regulated and voluntary product information tools focusing on the role of stakeholders. These initial results are reflected in an actor-centered analysis on potential advantages gained through the DPP. Data is generated through desk research and a stakeholder workshop. In particular, by having explored the role the DPP for different actors, we find substantial demand for further research on a variety of i... [more]
The Contribution of Energy Communities to the Upscaling of Photovoltaics in Germany and Italy
August Wierling, Jan Pedro Zeiss, Veronica Lupi, Chiara Candelise, Alessandro Sciullo, Valeria Jana Schwanitz
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: community energy, energy cooperatives, energy market, energy transition, market performance, Renewable and Sustainable Energy
Energy communities (EC) are among the new actors in the energy market, playing an important role in the uptake of photovoltaics (PV) in European markets. This paper estimates their aggregate contribution to the low-carbon energy transition in terms of installed capacities for PV and evaluates their economic performance comparing with market prices. We compiled a database of PV facilities with 3672 entries for Germany and 64 entries for Italy. Our statistical analysis does not support an economic under-performance of EC. The aggregate contribution of EC currently amounts to 600−838 MWp installed capacity in Germany and 10.6 MWp installed capacity in Italy, which makes 1.2−1.7% and 0.07% of all PV installations in Germany and Italy, respectively.
Sustainable Development Policy and Renewable Energy in Poland
Maciej Serowaniec
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: renewable energy sources in Poland, sustainable development in Poland
(1) Background: This article aims to answer the question of whether the Republic of Poland, by stipulating in the Constitution of 1997 the principle of sustainable development and ecological security, has created favourable conditions for the development of renewable energy. (2) Methods: The research is conducted using descriptive methods and—due to the legal nature of the publication and the crucial role played by the dogmatic method—it consists of the interpretation of legal acts and court decisions. (3) Results: Over the last few years, state authorities have introduced a number of regulatory and legal mechanisms to increase the stability of the operation of renewable energy sources, including the development of biomass or geothermal energy, as well as the development of energy clusters and cooperatives. This article characterises specific solutions and assesses their effectiveness. (4) Conclusions: The state authorities should take further specific actions aimed at achieving the su... [more]
What Is the Macroeconomic Impact of Higher Decarbonization Speeds? The Case of Greece
Diamantis Koutsandreas, Evangelos Spiliotis, Haris Doukas, John Psarras
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: computable general equilibrium modeling, delignitization, double dividends, energy modeling, energy transition, Greece, macroeconomic impacts
In alignment with the European Union’s legislation, Greece submitted its final 10-year National Energy and Climate Plan (NECP) in December 2019, setting more ambitious energy and climate targets than those originally proposed in the draft version of the document. Apart from higher penetration of renewable energy sources (RES), the final NECP projects also zero carbon use in power generation till 2030. Although decarbonization has long been regarded beneficial for economies that base their energy production on coal, as it is the case with Greece, the macroeconomic and societal ramifications of faster transitions to carbon-free economies remain highly unexplored. Under this context, in this paper, we soft-link energy models, namely Times-Greece and Primes, with a macroeconomic model, namely Global Trade Analysis Project (GTAP), to measure the effects of the final and draft NECPs on the Greek economy and evaluate the impact of higher decarbonization speeds. We find that the faster transit... [more]
The Energy Transition in the Visegrad Group Countries
Ewelina Kochanek
April 19, 2023 (v1)
Subject: Energy Policy
Keywords: energy policy, energy transformation, the Visegrad Group
The aim of the research is to analyse the energy transition in the Visegrad Group countries, because they depend on the production of energy from the burning of fossil fuels, and transition is a huge challenge for them. The diversity of the energy transformation in the V4 countries was examined by using two qualitative methods, including literature analysis and comparative analysis. The timeframe of the study was set for the period from 2020 to 2030, as these years are crucial for the implementation of the European Green Deal Programme. Four diagnostic features were taken into account in the analysis: the share of RES in final energy consumption, reduction of CO2 emissions in the non-Emissions Trading System (ETS) sector, date of withdrawal of coal from the economy, and energy efficiency. The analysis shows that the V4 countries have different approaches and levels of energy transformation in their economies. Poland is in the most difficult situation, being the most dependent on the pr... [more]
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