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]

The use of smart meters enables the emergence of innovations in the electricity sector, such as smart grids, prosumers and Peer-to-Peer trading, which can play an important role in realizing the energy transition. These developments rely on the processing of personal data, triggering the application of data protection legislation in addition to the legislation organizing the electricity markets. This article examines the interaction between the General Data Protection Regulation (GDPR) and the Directive (EU) 2019/944 on common rules for the internal market for electricity in the European Union, following the method of doctrinal legal research. Concretely, this article investigates what kinds of tensions may arise from the coexistence of these two legal regimes and whether there are mechanisms in place to prevent or mitigate such tensions. Three main tensions are identified. The first tension lies in the fact that some of the innovations facilitated by smart metering in the energy secto... [more]

The European Union (EU) has developed important efforts in enacting various clean energy policies in order to reduce greenhouse gas (GHG) emissions in the last decades. Both supply-side and demand-side changes are required in the energy systems in the period of 2020−2030 and going towards 2050. In this context, a better understanding of the effects of these specific clean energy actions on reducing GHG emissions may be especially of interest for allowing policymakers to know the strengths and weaknesses of various climate-related power sector policies. This paper adds to the literature by presenting the effects of both supply-side and demand-side policies and empirical evidence of the impact of these policies on the reduction in carbon emissions. This analysis was done by means of a panel data set and several regression models that contribute to explaining the link between clean energy policies applied in the EU and carbon emissions over the period of 2000−2019. The results show that w... [more]

The coal power policy has been influencing the development of China’s coal power industry from the aspects of quantity control, technological progress, and market-oriented reform. Meanwhile, the strategic coal power policy of the mid- and long-term future is yet to be well-designed under the carbon peak and neutrality targets. Therefore, it is necessary to have a comprehensive overview of the coal power policy during the past and give targeted prospects for policy-makers. This paper discusses the policy effect on the development and technological progress of the coal power industry by giving an overview of the policy and reform processes of the coal power industry in China in the past 20 years. The results indicate that China’s coal power policy has promoted the progress of coal power generation technology, optimized the coal power structure, accelerated the diversified investment in the power industry, and alleviated the overcapacity problem of coal power generation. After discussion,... [more]

Environmental pollution damages public health and affects economic development. Environmental regulation is the main way for the government to solve environmental pollution. So what type of environmental regulation works better for public health and economic development? Can environmental regulation have an influence on economic development through public health? To solve these problems, this research uses China’s provincial panel data from 2013 to 2017 to divide environmental regulation into command-control policy tools and economic incentive policy tools and uses the mediating effect model to examine the relationship among environmental regulation, public health and economic development. The results show that: (1) There is a positive correlation between economic incentive policy tools and economic development; while no significant relationship between command-control policy tools and economic development is founded; (2) The relationship between command-control policy tools and public... [more]

The effect of energy policies on the energy performance of residential properties/houses in nineteen Portuguese districts from 2014 to 2021 was investigated. A linear random-effects model regression was used as the method in this empirical investigation. The empirical results indicated that the income per capita has a negative effect on residential properties with high energy efficiency certificates (e.g., A+, A, and B) and a positive impact on residential properties with low energy efficiency certificates (e.g., C, D, E, and F); the codes and standards energy policies for energy efficiency have a positive effect on residential properties with high energy efficiency certificates (e.g., A, B, and B−) and residential properties with low energy efficiency certificates (e.g., C, D, E, and F); the fiscal and financial incentive policies for energy efficiency have a positive effect on residential properties with high energy efficiency certificates (e.g., A+, A, and B) and a negative effect o... [more]

China hosts over half of global coal-fired power generation capacity and has the world’s largest coal reserves. Its 2060 carbon neutrality goal will require coal-fired electricity generation to shrink dramatically, with or without carbon capture and storage technology. Two macroeconomic areas in which the socioeconomic impact of this decline is felt are losses in jobs and tax revenues supported by thermal coal mining, transport and power generation. At the national level, under a ‘baseline’ (B) scenario consistent with China’s carbon neutrality goal, labour productivity growth in coal mining implies that significant job losses will occur nationally in the medium term, even if all coal plants continue operating as planned. Jobs supported by the coal power industry would decline from an estimated 2.7 million in 2021, to 1.44 million in 2035 and 94,000 in 2050, with jobs losses from mining alone expected to exceed 1.1 million by 2035. Tax revenues from thermal coal would total approximate... [more]

To have a sustainable society, the need to use renewable sources to produce electricity is inevitable [...]

On the energy markets, conscious customers may exist who are not only interested in minimising the cost of energy purchase, but, simultaneously, in optimising some other quality criteria (arising from ecological concerns, or social responsibility of the energy producers). In this paper, we develop both a mathematical optimisation problem and a market framework for balancing a power system in a peer-to-peer market setup, where product differentiation can be considered directly on the market. Thus, origins of energy may be clearly identified, and product quality characteristics can be understood by various actors (including households). We derive a multi-objective (mixed-integer) linear programming optimisation problem for balancing the energy system in a peer-to-peer energy trading environment, where not only the cost but also other additional quality criteria are considered. We have identified many possible actors to be present within the proposed market setup. They include consumers,... [more]

Energy communities (ECs), intended as collective action initiatives in the energy field involving citizens’ participation, have been gaining relevance for the past decades as an alternative way to organize the energy chain to challenge the incumbent system. With Europe’s recently adopted Clean Energy Package, ECs found a formal recognition by the European Union as potential actors of the transition of the energy system towards a wider and more decentralized use of renewable sources. Although the potential role of ECs in the transition is therefore hardly questionable, a thorough comprehension of the enabling factors that might foster their diffusion and scaling up is still lacking. Through a comparative analysis of the evolutionary trajectories in six EU countries regarding their energy systems, their regulatory frameworks and their historical evolution of ECs, namely through the example of cooperative models, this paper aims at providing some preliminary evidence about the factors and... [more]

Spain has become one of the leading countries in the world in promoting electricity generation from renewable energy sources (RES), due to their positive socioeconomic and environmental impacts, through highly favorable regulatory frameworks and public incentives set by Spanish governments mainly during the first decade of 2000s, i.e., Royal Decree (RD) 2818/1998, RD 436/2004 and RD 661/2007. Conversely, the highly favorable regime applicable to RES, and specifically to solar power plants during the 1998−2008 promotion period turned into an extremely unfavorable scenario during the 2008−2020 cost-containment stage, characterized by the dismantling of the previous promotion schemes so as to reduce the skyrocketing electricity system tariff deficit, in which regulations such as RD 1578/2008, Royal Decree Law (RDL) 6/2009, RDL 14/2010, RDL 1/2012, Law 15/2012, RDL 9/2013, Law 24/2013 and RD 413/2014 stood out. Nonetheless, the Spanish renewable sector, and especially the solar power secto... [more]

In the case of the energy sector (including mining companies) and the implementation of their development projects, it is necessary to obtain a social license to operate for a given project, which is associated with the involvement of various groups of stakeholders in the project and should be consistent with the company’s strategy. The basis for obtaining permission to operate is to conduct a stakeholder mapping process. Such an analysis will aid effective dialogue with all stakeholders and guide appropriate relationship building. The aim of this paper is to present the authors’ method of stakeholder mapping, which is an independent methodical idea that can be implemented in any enterprise. This paper comprehensively presents this algorithm, starting with the identification of stakeholder groups, through the determination of their level of interest and influence, ending with the construction of a matrix indicating the necessity of undertaking specific communication activities. Finally... [more]

The low-carbon transition of the power system is essential for China to achieve peak carbon and carbon neutrality. However, China could suffer power shortages due to radical policies in some extreme cases. The gap between power demand and supply from March 2021 to November 2021 ranged between 5.2 billion kW·h and 24.6 billion kW·h. The main reason for the power shortage was over-reliance on renewable energy and insufficient coal power supply for the power system. The low-carbon transformation path of the electric system needs to be explored with more flexibility for power security. This study applied a modified LEAP model and carried out a forecast analysis of thermal power generation and installed capacity in 2025 and 2030 under normal and extreme weather scenarios. The results suggested that: the installed capacity of thermal power will need to account for about 44.6−46.1% of power generation in 2025 and 37.4−39.3% in 2030, with the assumption of power shortages caused by the instabi... [more]

Offshore wind (OSW) has the potential to cut greenhouse gas (GHG) emissions and halt damaging climate change. However, policies to foster an OSW industry in Norway have long been small and scarce. Recent events suggest that this is changing, as the state-owned enterprise Enova decided to grant a record NOK 2.3 bn to build the world’s largest floating offshore wind farm in 2019, the Hywind Tampen project. Based on previous work by the corresponding author, we summarize the political development of OSW in Norway to distil generalisable lessons. The corresponding author employed interviews, document analysis and process tracing, using a theory of policy change to characterise the observed political change. She found that the main obstacle for early OSW deployment has been that environmental and visibility concerns have exacerbated energy−political ones that are created by a longstanding lack of local energy demands. As the green energy demand on a global scale is soaring, the lack of OSW... [more]

Renewable energy sources play a key role in decarbonizing the economy of the European Union (EU) and the world. The aim of this research is to present the development of the renewable energy sources (RES) sector in the European Union (EU), with particular emphasis on sustainable development. The EU guidelines, requirements, and directives were analyzed in order to meet the provisions of the energy policy to ensure energy and climate security. The potential of the RES was studied in the EU countries, and the possibility of its use in cogeneration with the use of local renewable resources. The results are presented in tabular, graphic, and descriptive forms. The results are presented based on the extensive literature on the subject and data from Eurostat. The data covered 2004−2019. We used different methods to evaluate the changes in the RES in the EU countries. First, we compiled descriptive statistics; second, we used the Augmented Dickey−Fuller test (ADF test); and, finally, we used... [more]

There is global concern regarding access to energy, especially in developing countries, as set forth in the Sustainable Development Goals. Although Peru is classified as an emerging economy and would be expected to have achieved full energy coverage, the status of the access to fuels in Peru is unknown. The objective of this study was to comprehensively document the instruments and the progress made on the issue of access to modern fuels and technologies for cooking in Peru to explain the current situation and to highlight the main challenges that the country must face to achieve total access to modern energy sources. A comprehensive literature review was carried out for this work, covering a wide range of publications from 1983 to 2019. A total of 18 political and economic instruments and 95 voluntary instruments were analyzed. It made it possible to build a historical series of the main events leading to access to modern cooking fuels in Peru and to identify eight key challenges. The... [more]

The main aim of the research is to evaluate the innovativeness of Polish municipalities in the field of energy. The study was carried out as a part of the First National Competition for the Most Innovative Local Government in Poland, taking into account the original method of assessing the innovativeness of local governments. From all over Poland, 30 communes participated in the research: 14 urban communes, 8 rural communes, and 8 urban−rural communes. The study analyzes the activities of municipalities in the field of energy-related construction and transport innovations and inventories innovative social campaigns in the area of climate and energy policy implementation. The second part of the article presents a case study of innovations recognized as exemplary. As a result of the conducted research, it was found that 50% of the surveyed local governments are innovative and the remaining are moderately innovative. No commune has been assigned to the non-innovative category. In terms of... [more]

With heightening global concerns about the impacts of climate change, the debate around different carbon mitigation options is gaining momentum. A widespread argument is between those for and against utilizing nuclear energy as a low-carbon energy source. This debate is also relevant for Turkey, a country that is set to introduce nuclear energy to its electricity generation mix over the coming years. The purpose of the study is to assess the potential merits and drawbacks of the utilization of nuclear energy in the country versus the increased utilization of renewable energy sources. A fundamental merit order model is used for modeling the Turkish electricity market until 2025 under three scenarios. The comparative effects of renewable energy sources and nuclear energy are evaluated in terms of their impact on electricity generation costs, CO2 emissions and energy security. The results of the study show that the increased utilization of renewable energy has a more effective role in ach... [more]

The production of lignocellulose biomass on dedicated plantations is an option that facilitates the implementation of sustainable development policy. The novelty of this type of research is that it involves the use of various types of methods—economic and legal analyses within a particular subject. This makes it possible to obtain a holistic view of the chosen case study. The purpose of this study was to determine whether setting up a Short Rotation Coppice (SRC) plantation of willow (Salix spp.) and poplar (Populus spp.) was economically profitable and if the legal regulations supported this type of production. The economic data are based on an experimental case study. The economic profitability of the plantations was assessed through an analysis of discounted cash flows, net present value (NPV), internal rate of return (IRR), and profitability index (PI). The legal analysis of the relevant EU and Polish legal solutions was based on a dogmatic approach. The study demonstrated that SRC... [more]

Today, the energy sector requires special attention, and the widespread introduction of digital technologies, including gamification, allows key problems related to the energy policies of the European Union to be solved. The literature analysis presented here discusses the use of gamification among home energy production customers. However, there is a lack of analysis on the use of this tool in the management of energy sector companies. When considering the advantages of gamification elements in the training process, there was mention of this tool potentially being able to be used in HR management to realize the EU’s energy goals. The relevance of the topic has been explored in international studies that have shown that gamification increases employee productivity and motivation. In the article, the directions of gamification in the practices of Ukrainian organizations are investigated. The main principles of effective gamification implementation in HR management, at energy enterprises... [more]

We introduce the industrial portfolio of a wind farm of a hypothetical company and its valuation consistent with the financial market. Next, we propose a static risk management policy originating from hedging against volumetric risk due to drops in wind intensity and we discuss the consequences. The hedging effectiveness firstly requires adequate modeling calibration and an extensive knowledge of these atypical financial (commodity) markets. In this hedging experiment, we find significant benefits for weather-sensitive companies, which can lead to new business opportunities. We provide a new financial econometrics approach to derive weather risk exposure in a typical wind farm. Our results show how accurate risk management can have a real benefit on corporate revenues. Specifically, we apply the spot market price simulation (SMaPS) model for the spot price of electricity. The parameters are calibrated using the prices of the French day-ahead market, and the historical series of the tot... [more]

The purpose of this study is to shed light on the nexus between electricity supply and economic growth in South Asian countries during 1990−2018. The study employs Pedroni’s panel cointegration test as well as Dumitrescu and Hurlin’s (DH) causality test for panel data. The empirical results confirm a long-term relationship between electricity supply and economic growth. We fail to reject the non-causal relationship between electricity supply and economic growth for the panel, thereby affirming the neutrality hypothesis. Single country causality analysis reveals the growth hypothesis in the case of Pakistan. These results have a number of policy implications. For example, governments can introduce measures to improve energy efficiency in Bangladesh, India and Sri Lanka without fear of harming economic growth. The results for Pakistan may also imply that fostering green energy generation would lead to a positive effect on economic growth via improved electricity production. The governmen... [more]