Energy-related investments gain increasing attention nowadays, particularly in Poland due to clean-energy investment needed to limit greenhouse gas emissions (GHG) and counteract climate change. However, economic appraisal is problematic: the longevity of impacts inextricably involves intergenerational ethical considerations. A crucial parameter is the choice of a discount rate. The predominant approach to estimate the discount rate in EU countries is the Ramsey rule, based on macroeconomic data, but not referring directly to society’s preferences. Those are considered by studies using surveys to elicit individual discount rates (IDR), but rarely concentrating on intergenerational time frame. The paper aims at delivering an insight into the intergenerational intertemporal preferences for Poland (households, n = 471) focusing on whether respondents are willing to declare zero discount rate intergenerationally and whether their choices differ between the short- and long-term perspectives... [more]

Energy-poverty (EP) must be considered an energy-related issue since buildings are a central part of people’s daily lives. Thus, it has an important role in energy-related policy implementation. Even though the European Union (EU) has endorsed general energy efficiency through the Energy Efficiency Directive and Energy Performance of Buildings Directive recast, it was the Clean Energy Package for all Europeans that clearly highlighted EP. The growing concerns with EP have also been emphasised in subsequent directives and initiatives. Despite some regulatory framework and the milder climate situation, the proportion of the population experiencing thermal discomfort in southern and eastern European countries, namely in the winter season, is relatively high, reflecting the poor thermal performance of building stock, low family incomes and high energy prices, among others. The current work analysed the EP evolution in Portugal in the EU context, and the Thermal Building Regulations and Ene... [more]

Increasing energy efficiency is included in the UN Sustainable Development Goals (SDGs) to be achieved by the year 2030. Enhancing energy efficiency is also one of the priority areas for improving the operational efficiency of any oil production enterprise. The energy management system of enterprises has been founded and implemented on the basis of the international standard ISO 50001:2018 and it works successfully. The energy efficiency strategy is formulated in the energy policy and integrated into the business model of the companies. Companies receive significant energy savings in the exploration and production segments through technical, technological, and organizational measures. This article shows the main directions for improving the energy efficiency of the artificial lift well stock and the results of their implementation. The main constraints on the implementation of the energy efficiency policy of oil-producing enterprises have been identified and directions for improvement... [more]

Logistics has become one of the most important economic sectors. It significantly affects the transport infrastructure and many other sectors that are crucial for the country’s development. It is the factor that also influences trade efficiency. However, the question arises if logistics performance is significant for the trade of critical goods which are energy raw products. The aim of the paper is primarily to investigate the EU energy trade flows in general and to estimate the effect of logistics performance on the international trade of energy raw products. The energy raw products are grouped into solid, liquid, and gaseous products, and separate estimates are made for their export and import. The analysis also differentiates between the trade flows, that is export and import within the EU and trade flows between EU member states and third countries. The empirical model is based on the theory of gravity model extended to include the six subcomponents of the Logistics Performance Ind... [more]

Leading countries are developing clean energy to replace fossil fuels. In this context, Russia is changing its energy policy towards fostering new energy resources, such as hydrogen and helium. Hydrogen will not only contribute to Russia’s financial revenue by replacing natural gas, but will also provide a basis for it to maintain its dominance over the international energy market by pioneering new energy markets. Russia is aiming to produce more than two million tons of hydrogen fuel for export to Europe and Asia by 2035. However, it is facing many challenges, including developing hydrogen fuel storage systems, acquiring the technology required for exporting hydrogen, and building trust in the fuel market. Meanwhile, South Korea has a foundation for developing a hydrogen industry, as it has the highest capacity in the world to produce fuel cells and the ability to manufacture LNG: (liquefied natural gas) carriers. Therefore, South Korea and Russia have sufficient potential to create a... [more]

The paper presents a set of prototype smart grid technologies and services and validates the economic viability of the proposed solution using cost−benefit analysis (CBA). The study considered the EU-funded project called RESOLVD and implemented the technologies and services in a real-life pilot. The paper focuses on the analysis of technological solutions which enhance the operational efficiency and the hosting capacity of low-voltage electricity distribution grids. The solutions provided better integration of a hybrid battery storage system, with the grid interfacing power electronics, smart gateways for the interconnection of assets at the grid edge, and sensors enhancing infrastructure observability and control. The result from the CBA indicates the economic viability of the project, high scalability, and replicability. The economic benefits were realized with the breakeven value of eight secondary substations (SS) and 16 feeders. The scenario test on the DSO’s willingness to pay f... [more]

The literature is replete with concerns on the environmental impact of steam-assisted gravity drainage (SAGD), but rigorous analysis of its improved environmental performance over the past 20 years remains unresolved, as well as the underlying technological reasons for this improvement. Here, we present an analysis of historical and future greenhouse gas (GHG) performance of SAGD operations in Alberta, Canada, considering for the first-time factors that affected technology deployment. Depending on the case, the results show a reduction of 1.4−24% of SAGD GHG intensity over the past 12 years. Improvements mainly arise from incremental changes adopted based on technical, environmental, socio-economic, and policy drivers. Considering these factors, we propose policy interventions to accelerate further reductions of GHG emissions. However, if similar behaviour from industry continues, anticipated GHG intensity reduction will range between 6.5−40% by 2030, leading to an intensity between 58... [more]

The demand for liquefied natural gas (LNG) as an energy commodity is increasing, although its respective supply chain is subjected to risks, uncertainties, and disturbances. An analysis of experiences from the global LNG supply chain highlights many of these risks. As such, there is an incumbent need to develop resilient LNG supply chains. In this study, the risks associated with the LNG supply chain are categorized into four dimensions: Political and regulatory, safety and security, environmental effects, and reliability of new technologies. A SWOT method is then implemented to identify strengths, weaknesses, opportunities, and threats within the LNG supply chain, where the LNG supply chain of Qatar is considered as a case study. Relevant strategies are then recommended using a SWOT matrix to maximize strengths and opportunities, while avoiding or minimizing weaknesses and threats within the LNG supply chain. Finally, major parameters to be considered to develop a resilient LNG manage... [more]

Energy poverty in Aotearoa New Zealand is well-documented, and tertiary students have been identified as an at-risk group. However, there has been very little research on tertiary students’ experiences of energy poverty in New Zealand. This paper used a nationwide online survey to investigate the extent and impact of energy poverty among tertiary students. Furthermore, it aimed to identify disparities between different demographic groups, understand the effects of COVID-19 and evaluate the effectiveness of the support policies available to students. Responses from 522 students were analysed; 85% were under 30 years old, 72% were female, 14% identified as Māori, and 14% reported having long-term disabilities or health concerns. The findings of this study are concerning. Tertiary students in New Zealand are largely living in dwelling conditions that do not meet recommended health standards and exacerbate energy poverty. Energy poverty has adverse effects on their physical and mental heal... [more]

In order to have a sustainable economic and social development, it is important to balance economic growth and ecological environmental damage. In this article, we used the resampling model under the triangular distribution to evaluate energy efficiency, because the input/output value may have measurement errors, time lag factors, arbitrariness, and other problems, causing their own DMU to change. After these factors were taken into consideration, the resampled input/output was estimated because a super-SBM efficiency value was placed in the confidence interval. From the past-present data, for the estimated data change, the time weight was provided according to the Lucas series, and the super-SBM was time-weighted. We applied this model to a dataset of G20 economies from 2010 to 2014. To the best of our knowledge, very few studies have applied the DEA method with resampling to analyze energy efficiency. Thus, our study contributes to the methodologies for energy efficiency evaluation.... [more]

In the European Green Deal and the Climate Act, the European Union has committed itself to achieving climate neutrality by 2050. This goal is to be achieved by joint efforts of all economic sectors, including forestry and its downstream sectors. One way to attain this goal is the effective and sustainable use of forest biomass for energy production. This article aims to quantify the potential of forest biomass resources for the production of electrical and thermal energy based on official departmental statistics, the current legal framework for forestry and the environment, and research results in the context of an extreme change in the raw material base due to the ongoing calamity caused by the spread of insect pests in the Czech Republic. This extreme can classify as a significant risk to the security of the energy supply from renewable sources in the event of oversizing new installed energy production from renewable sources. Based on data and calculations, an overall annual volume o... [more]

The aim of this paper is to assess the territorial cohesion of municipalities (gminas) in Poland using quantitative data and non-parametric modelling techniques. The full population of 2174 Polish municipalities divided into rural and urban-rural municipalities was examined. The time interval of the study, i.e., 2005−2017, allows us to capture the changes stimulated by the implementation of the cohesion policy, i.e., the programme of socio-economic transformation in Poland, implemented in the programming period 2007−2013. Using the DEA approach, a general decline in the cohesion index value over time was recorded in the period of analysis. The results of estimating autocorrelation measures indicate a progressive tendency to build spatial clusters, where the size of the local administrative unit (municipality), measured by the population potential and spatial location of the municipality significantly affect the cohesion level. It was also found that there are limits of positive influen... [more]

Energy policy affects the functioning of the economic and financial systems of countries worldwide. This paper provides a theoretical overview of the economy−energy nexus and discusses the particular cases of the energy policy dynamics amid the sustainability goals. This paper integrates multiple perspectives on the energy−economy nexus, with a particular focus on the energy trilemma, 4As of energy security and PESTEL approach. This allows the development of a comprehensive framework for the analysis of energy security and the sustainability interaction. A review of manifestations of the different dimensions of energy security and sustainability is carried out to identify the most topical facets of the issue. Then, the cases of the selected European Union countries (Ireland, Greece, Denmark and Lithuania) are presented to highlight the effects and features of the recent energy policy changes there. Indeed, these countries apply a PSO levy mechanism on electricity tariffs and are divers... [more]

The term “energy security” is used almost everywhere in economic and political discussions related to energy supply. However, different authors use different meanings to express the concept of energy security. Quite often, this term is used to give more importance or relevance to issues that are often not inherently related to energy security. Attempts to define the essence of the concept of “energy security” have hitherto not been systematic and are characterized by a variety of approaches, and some insufficient justification especially in the aspect of state national security is notable. Our contribution to the discourse development is the consideration of energy security as part of internationally recognized indices that are developed to assess the temperature of world security. A regression modeling approach to test the crucial factors of social-economic development that impact the energy security indicators is presented. The literature analysis and review of the world’s existing n... [more]

Nowadays, while cities are often subject to research in terms of their development, especially smart development, studies on rural areas are rare. However, the development of the latter is very important. It is important that rural areas develop economically and socially. Smart villages are a challenge for the modern energy sector. The authors of the article try to answer the question: What are the challenges for the modern energy sector in the context of rural development? The aim of this article is to identify challenges for the modern power industry in the concept of smart countryside development. The article begins with the presentation of the essence of smart villages and the essence of energy policy. The research facilitated the identification of basic challenges that prevent or slow down the development of the smart villages in terms of modern energy solutions, as perceived by experts and residents, and farmers and entrepreneurs operating in rural areas. The article identifies a... [more]

This paper reviews the economic and managerial literature on the relationship between energy-ICT and the development of the green energy economy. It is summarized that there are four lines of existing literature on energy-ICT: cost and benefit analysis, fair competition issues, cybersecurity issues, and promotion policy issues. Even though ICT is energy-consuming, most of the existing empirical studies support the idea that energy-ICT has net positive effects on energy savings, energy efficiency improvement, emission reduction, and economic growth at both enterprise and economy-wide levels. Energy-ICT equips the platform operator with higher bargaining power, such that a governance mechanism to assure the fair access right of each entitled participant is required. A smarter energy-ICT network also becomes riskier, and hence the cybersecurity protection is more important than before. Future research and development opportunities remain on these issues of the fair competition, cybersecur... [more]

Vietnam became the world’s third largest market for solar photovoltaic energy in 2020. Especially after the Vietnamese government issued feed-in tariffs for grid-connected solar photovoltaic systems, the installed capacity of solar photovoltaic applications exploded in 2019. From studies carried out in the relevant literature, it can be said that support policies are highly important for the initial development of the renewable energy industry in most countries. This is especially true in emerging countries such as Vietnam. This paper reviews the feed-in tariffs issued and deployed in different regions of Vietnam for grid-connected solar photovoltaic applications. Moreover, the paper takes a closer look at the costs of electricity production from these systems in relation to the feed-in tariffs issued in Vietnam. The results show that the gap between the levelized cost of electricity and the feed-in tariff for solar photovoltaic electricity is relatively high, particularly in regions w... [more]

Chile has set itself to achieve Greenhouse Gas emission neutrality, with at least 70% of electricity coming from renewable energy sources by 2050. To this end, institutional and regulatory frameworks have been improved, resulting in significant progress in medium and large-scale projects. However, solar energy production at residential level and its surplus injection to all distribution networks has been very limited. This paper analyzes the evolution of the regulatory energy policies in Chile in order to contrast it with an economic evaluation of residential projects. The analysis focuses on the city of Arica, one of the highest potential regions in terms of solar energy within the country. There, a particularly low penetration of residential solar energy usage has been observed. Based on the current situation, projections are made for Arica in 2050, through the identification of barriers and opportunities on a residential scale development. According to some recommendations, there is... [more]

The COVID-19 pandemic has significantly affected the energy sector. The new behavior of industrial and non-commercial consumers changes the energy consumption model. In addition, the constraints associated with the coronavirus crisis have led to environmental effects from declining economic activity. The research is based on evidence from around the world showing significant reductions in emissions and improved air quality. This situation requires rethinking the energy development strategy, particularly the construction of smart grids as a leading direction of energy development. Evaluating the efficiency of smart grids is a vital tool for disseminating successful experience in improving their management. This paper proposes an approach to a comprehensive assessment of smart grids based on a comparative analysis of existing methods, taking into account the changes that need to be considered after the experience gained from the COVID-19 pandemic. The approach provides an accurate set of... [more]

A harmful impact of climate change and global warming has concerned various sectors of the international community. Numerous energy policies aiming at climate change mitigation have been implemented on a national and global scale. Renewable energy technologies (RETs) play a critical role in enhancing sustainable solutions that significantly limit greenhouse gas (GHG) emissions. Such innovative technologies can facilitate energy transition through providing, e.g., energy security, sustainable development, and effective usage of indigenous resources. However, the commercialization of RETs is extremely challenging. The barriers can be of a different nature, although this study focused on socioeconomic and regulatory issues. There is ample evidence that energy policies play a central role in supporting adoption of renewables. It is also claimed that RETs require the whole ecosystem to support their successful diffusion. In this study, we explored multifarious barriers for widespread RET di... [more]

With the Bioeconomy Strategy, Europe aims to strengthen and boost biobased sectors. Therefore, investments in and markets of biobased value chains have to be unlocked and local bioeconomies across Europe have to be deployed. Compliance with environmental and social sustainability goals is on top of the agenda. The current biomass provision structures are unfit to take on the diversity of biomass residues and their respective supply chains and cannot ensure the sustainability of feedstock supply in an ecological, social and economical fashion. Therefore, we have to address the research question on feasible strategies for mobilizing and deploying local, low-value and heterogeneous biomass resources. We are building upon the work of the IEA Bioenergy Task40 scientists and their expertise on international bioenergy trade and the current provision of bioenergy and cluster mobilization measures into three assessment levels; the legislative framework, technological innovation and market creat... [more]

The European Union (EU) views the carbon border adjustment mechanism (CBAM) as a measure to tackle carbon leakage, which will have a profound impact on non-EU countries’ exports. Policymakers are faced with the question of how to deal with the CBAM. In contrast to previous studies, we explore the effects of the CBAM on non-EU countries from a dynamic game perspective. This study analyzed the potential effects of the CBAM on China and found that the government and export companies are the two main stakeholders. We found that they can both choose whether to respond actively or passively. Based on their interactive relationship, we adopted an evolutionary game to model the nexus between the government and export companies. We analyzed the evolutionary stable state of each stakeholder and the whole game with the replicator dynamic equation system. To make the system evolve to the optimal state where the government reacts actively and export companies implement low-carbon production, we pro... [more]

Recent developments in disruptive technologies along with the cost reduction of photovoltaics have been transforming business models in the electricity sector worldwide. The rise of prosumers has led to a more decentralized and open local green energy market through the emergence of peer-to-peer (P2P) energy trading, where consumers and prosumers can buy or sell electricity through an online trading platform. P2P energy trading has the potential to make green energy more accessible at the local level, provide a customer choice that aligns with community values, and promote the use of renewable energy (RE) for local consumption. Although P2P energy trading has already been adopted in some countries, its implementation remains challenging in other countries, including Thailand. In this work, we investigated the drivers and challenges of implementing P2P energy trading in Thailand based on the perspectives of P2P energy trading pilot project developers participating in the regulatory sand... [more]

The aim of this study is to propose an agro-industrial heat transport system from industrial to agricultural areas for horticultural facilities with high heat demand to fill the problematic gap in the current heat transport system, and to derive by simulation the conditions under which this system can be used economically as well as environmentally. In this study, HASClay was used as a high-performance medium. HASClay has the ability to supply carbon dioxide (CO2) at the same time as heat and dehumidify the inside of the house, so it can be expected to increase the yield in addition to reducing the environmental load by using heat. The simulation results show that the proposed system of supplying heat to a large greenhouse in HASClay in 20-ton containers would have an economic budget similar to that of the previous system, but with an environmental impact of about 80% less tomatoes and 84% less chrysanthemum fuel than the previous system of heating with fuel oil. On the other hand, the... [more]

In response to extreme climate change, China has set a goal of reaching emission peak by 2030 and achieving carbon neutrality by 2050. Energy conservation and emission reduction of building heating in northern China are key to achieving this goal. Based on building area prediction and energy consumption intensity, this paper establishes a model for calculating heating energy consumption and carbon emissions in northern residential buildings at the macro level, which provides a basis for formulating policies related to heating and emission reduction in northern buildings. Based on the research method of scenario projection, combining the carbon emission subsets and future heating energy mix projections in northern China, the heating energy consumption in northern China decreases to 175, 149 and 135 Mtce in 2050 under the baseline, medium control and strict control scenarios, respectively. The heating energy consumption in the northern region should be controlled at least under the mediu... [more]