Energy Strategy Reviews最新文献_第4页

Electricity availability and access for economic opportunities: A disaggregated analysis of gender gaps and implications for pro-poor growth 电力供应和获得经济机会：性别差距的分类分析及其对扶贫增长的影响

IF 7.9 2区工程技术

Energy Strategy Reviews Pub Date : 2025-04-23 DOI: 10.1016/j.esr.2025.101723

Abiola John Asaleye , Rufaro Garidzirai , Thobeka Ncanywa

{"title":"Electricity availability and access for economic opportunities: A disaggregated analysis of gender gaps and implications for pro-poor growth","authors":"Abiola John Asaleye , Rufaro Garidzirai , Thobeka Ncanywa","doi":"10.1016/j.esr.2025.101723","DOIUrl":"10.1016/j.esr.2025.101723","url":null,"abstract":"<div><div>Increasing living standards and overall economic development depend on electricity access and availability. However, in developing regions, access to reliable and affordable electricity remains a formidable challenge; this study examines the impact of electricity access and availability on both aggregate and gender-disaggregated economic participation in South Africa, a country that, despite its industrial advancement, faces significant disparities in electricity access and availability. These disparities have hindered economic growth and worsened gender inequalities, hindering efforts toward inclusive and pro-poor development. Using autoregressive distributed lags (ARDL), Structural Vector autoregression (SVAR) and the Granger non-causality approach, the study examines the short- and long-term effects, shock and causal effects of electricity availability and access on aggregate, male and female economic participation. The findings reveal that electricity availability has a negative impact on aggregate economic participation in the short run but a positive effect in the long run. Conversely, electricity access negatively influences economic participation in the short and long run, with more pronounced effects observed in male economic participation. The causal relationships show the unidirectional impacts of electricity access and consumption on economic participation and educational attainment. Furthermore, the shock analysis showed that electricity access and availability disruptions disproportionately affect male wage rates and educational attainment. The study recommends policies to improve electricity infrastructure, promote renewable energy adoption, and ensure that energy policies are gender-sensitive and support pro-poor growth.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"59 ","pages":"Article 101723"},"PeriodicalIF":7.9,"publicationDate":"2025-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143859265","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Navigating Nigeria's path to sustainable energy: Challenges, opportunities, and global insight 引领尼日利亚走向可持续能源之路：挑战、机遇和全球视野

IF 7.9 2区工程技术

Energy Strategy Reviews Pub Date : 2025-04-23 DOI: 10.1016/j.esr.2025.101707

Yan Shao , Zhe Yang , Yongbing Yan , Yuan Yan , Feruza Israilova , Nawal Khan , Liu Chang

{"title":"Navigating Nigeria's path to sustainable energy: Challenges, opportunities, and global insight","authors":"Yan Shao , Zhe Yang , Yongbing Yan , Yuan Yan , Feruza Israilova , Nawal Khan , Liu Chang","doi":"10.1016/j.esr.2025.101707","DOIUrl":"10.1016/j.esr.2025.101707","url":null,"abstract":"<div><div>This study investigates strategies for achieving sustainable road transport in Nigeria, focusing on energy conservation and emission reduction (ECER) through technological innovation, organizational management, and energy system upgrades. Nigeria, the largest economy in Sub-Saharan Africa (SSA), faces significant energy challenges, including a growing demand for energy, heavy reliance on fossil fuels, and limited penetration of renewable energy sources, which account for less than 10 % of the total energy mix. This research identifies the pressing need to transition to sustainable energy systems in the road transport sector, a key contributor to greenhouse gas (GHG) emissions. The study addresses the gap in policy and technical frameworks for integrating intelligent transportation systems (ITS) and renewable energy solutions in Nigeria's road transport sector. A multi-method approach, including literature review, data analysis, and scenario modeling, was used to evaluate the impacts of advanced vehicle technologies, organizational management practices, and alternative energy systems, such as hydrogen and biogas. Key findings reveal the potential of smart traffic systems, flexible fuel substitution programs, and urban planning reforms to optimize economic and environmental outcomes. This research underscores the significance of technological advancements, efficient management practices, and a transition to renewable energy to meet Nigeria's growing transport demands sustainably. The results provide actionable insights for policymakers to enhance Nigeria's sustainable transport frameworks, contributing to the global agenda for reducing GHG emissions and achieving energy security in SSA.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"59 ","pages":"Article 101707"},"PeriodicalIF":7.9,"publicationDate":"2025-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143859266","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Analysis of energy flow and its intensity: A case study from China's 180 inter-provincial sectors 能源流动及其强度分析——以中国180个省际部门为例

IF 7.9 2区工程技术

Energy Strategy Reviews Pub Date : 2025-04-21 DOI: 10.1016/j.esr.2025.101730

Zhengyang Li , Zhaocheng Li

{"title":"Analysis of energy flow and its intensity: A case study from China's 180 inter-provincial sectors","authors":"Zhengyang Li , Zhaocheng Li","doi":"10.1016/j.esr.2025.101730","DOIUrl":"10.1016/j.esr.2025.101730","url":null,"abstract":"<div><div>This study conducts a thorough quantitative analysis of energy flow and its intensity in 180 inter-provincial sectors of China. To achieve this, this study proposes two models based on the modified hypothetical extraction method and multi-regional input–output model, namely, an inter-regional sectoral energy consumption net-flow model and an inter-regional sectoral energy net-flow intensity model. The findings reveal that Construction in Shandong, Construction in Jiangsu, and Industry in Zhejiang are the top three energy receivers, with total net-input values of 6,054 <span><math><mrow><mo>×</mo></mrow></math></span> 10<sup>4</sup> ton of coal equivalent (tce), 5,259 <span><math><mrow><mo>×</mo></mrow></math></span> 10<sup>4</sup> tce, and 5,171 <span><math><mrow><mo>×</mo></mrow></math></span> 10<sup>4</sup> tce, respectively. Additionally, Industry in Inner Mongolia, Shandong, and Hebei are the top three energy suppliers, with total net-output values of 12,073 <span><math><mrow><mo>×</mo></mrow></math></span> 10<sup>4</sup> tce, 11,374 <span><math><mrow><mo>×</mo></mrow></math></span> 10<sup>4</sup> tce, and 10,455 <span><math><mrow><mo>×</mo></mrow></math></span> 10<sup>4</sup> tce, respectively. Furthermore, the study finds that the inter-provincial sectoral energy net-input intensity of Construction in Qinghai (−4.46 tce/ten thousand yuan), Xinjiang (−3.32 tce/ten thousand yuan), and Shanxi (−3.14 tce/ten thousand yuan) had the largest influence. In contrast, the inter-provincial sectoral energy net-output intensity of Industry in Qinghai (3.06 tce/ten thousand yuan), Industry in Xinjiang (2.95 tce/ten thousand yuan), and Transportation in Yunnan (2.39 tce/ten thousand yuan) have significant roles in China's 180 inter-provincial sectors.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"59 ","pages":"Article 101730"},"PeriodicalIF":7.9,"publicationDate":"2025-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143851425","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Optimal sizing and siting of energy storage systems based on power grid vulnerability analysis: a trilevel optimization model 基于电网脆弱性分析的储能系统优化规模与选址：一个三级优化模型

IF 7.9 2区工程技术

Energy Strategy Reviews Pub Date : 2025-04-21 DOI: 10.1016/j.esr.2025.101720

Zhenghui Zhao , Yingying Shang , Buyang Qi , Yang Wang , Qian Zhang

{"title":"Optimal sizing and siting of energy storage systems based on power grid vulnerability analysis: a trilevel optimization model","authors":"Zhenghui Zhao , Yingying Shang , Buyang Qi , Yang Wang , Qian Zhang","doi":"10.1016/j.esr.2025.101720","DOIUrl":"10.1016/j.esr.2025.101720","url":null,"abstract":"<div><div>The integration of high proportions of renewable energy reduces the reliability and flexibility of power systems. Coordinating the sizing and siting of battery energy storage systems (BESS) is crucial for mitigating grid vulnerability. To determine the optimal capacity and location of BESS in high-penetration renewable energy systems, this paper proposes a trilevel optimization model for BESS sizing and siting. The upper-level is a pre-optimization layer that uses global vulnerability index to filter out potential BESS siting schemes that cannot mitigate system vulnerability, thereby enhancing the efficiency of capacity allocation and siting. The middle-level employs an improved particle swarm optimization algorithm to determine the optimal capacity and power configuration of BESS, aiming to maximize its equivalent annual revenue. The lower-level uses an improved butterfly algorithm to maximize the expected revenue of daily operation scheduling. The improved algorithms not only enhance computational efficiency but also significantly improve accuracy. The proposed model is validated through case studies based on the extended IEEE 33-bus system. Case studies reveal that configuring BESS at critical nodes improves the global vulnerability index to 0.282, reflecting a significant enhancement in grid stability. Additionally, this configuration increases annual revenue by $14,000 compared to conventional strategies and shortens the investment payback period by 0.4 years.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"59 ","pages":"Article 101720"},"PeriodicalIF":7.9,"publicationDate":"2025-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143855155","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Financial impact and adoption of solar irrigation in Rangpur, Bangladesh 孟加拉国Rangpur太阳能灌溉的财政影响和采用

IF 7.9 2区工程技术

Energy Strategy Reviews Pub Date : 2025-04-21 DOI: 10.1016/j.esr.2025.101732

Swati Anindita Sarker , Naiping Zhu , Fahad Almutlaq , K.M.Mehedi Adnan , Md Enamul Huq

{"title":"Financial impact and adoption of solar irrigation in Rangpur, Bangladesh","authors":"Swati Anindita Sarker , Naiping Zhu , Fahad Almutlaq , K.M.Mehedi Adnan , Md Enamul Huq","doi":"10.1016/j.esr.2025.101732","DOIUrl":"10.1016/j.esr.2025.101732","url":null,"abstract":"<div><div>This study investigates the feasibility and socio-economic determinants of adopting solar-powered irrigation (SPI) systems in Bangladesh, focusing on their financial impact in boro rice production compared to diesel-powered irrigation (DPI). Sustainable irrigation technologies are critical for efficient agricultural land use, food security, and reducing environmental pollution in Bangladesh. SPI offers an innovative, eco-friendly alternative, but its adoption hinges on its financial benefits. Through a cost-benefit analysis, this research uncovers the superior gross returns, net returns, and benefit-cost ratios (BCR) of SPI users, with BCR values of 1.31 compared to 1.09 for DPI users. Data were collected from 404 farmers in two districts using a random sampling technique. A logit regression model identified 12 significant factors influencing SPI adoption, including educational status, monthly income, farming experience, extension contact, land and irrigation facility ownership, credit availability, soil fertility, perceptions of replacement costs, environmental awareness, and neighbor adoption. The study also highlights the inadequacy of Bangladesh's institutional framework for SPI technology development, suggesting the need for a bottom-up approach involving various governmental and non-governmental entities. This research provides critical insights for policymakers, advancing the understanding of renewable energy-based irrigation systems in the region.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"59 ","pages":"Article 101732"},"PeriodicalIF":7.9,"publicationDate":"2025-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143851424","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Optimal sizing, techno-economic, and environmental assessment of hybrid renewable energy systems 混合可再生能源系统的最佳规模、技术经济和环境评估

IF 7.9 2区工程技术

Energy Strategy Reviews Pub Date : 2025-04-19 DOI: 10.1016/j.esr.2025.101721

Mohammad Reza Gharib , Amir Mohammadbeigi

{"title":"Optimal sizing, techno-economic, and environmental assessment of hybrid renewable energy systems","authors":"Mohammad Reza Gharib , Amir Mohammadbeigi","doi":"10.1016/j.esr.2025.101721","DOIUrl":"10.1016/j.esr.2025.101721","url":null,"abstract":"<div><div>The paper presents a hybrid power generating system for the University of Torbat Heydarieh in Iran, integrating renewable energy sources, electric batteries, and a diesel generator to minimize Total Annual Costs (TAC) and Total Carbon Dioxide Emissions (<span><math><mrow><mi>T</mi><msub><mi>E</mi><msub><mrow><mi>C</mi><mi>O</mi></mrow><mn>2</mn></msub></msub></mrow></math></span>). The system's reliability was assessed by the Loss of Power Supply Probability. Simulation results were derived via the Simulated Annealing meta-heuristic strategy, which demonstrated a lower standard deviation compared to the Imperialist Competitive Algorithm and Artificial Bee Colony methods. The aim was to reduce TACs and ensure demand requirements were satisfied. In scenario 1, the research indicated that the integration of the four technologies (Photovoltaic, wind, battery, and diesel generator) consistently yields greater benefits in minimizing TAC. Utilizing a diesel generator could reduce expenses by minimizing the necessary number of batteries. In scenario 2, the integration of wind turbines, photovoltaic panels, and batteries was shown to optimize <span><math><mrow><mi>T</mi><msub><mi>E</mi><msub><mrow><mi>C</mi><mi>O</mi></mrow><mn>2</mn></msub></msub></mrow></math></span> while satisfying demand requirements. The integration of photovoltaic systems, wind energy, batteries, and diesel generators provide enhanced advantages in minimizing total emissions; however, batteries possess a considerable carbon footprint.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"59 ","pages":"Article 101721"},"PeriodicalIF":7.9,"publicationDate":"2025-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143847365","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Intellectual property rights, renewable energy innovation, and carbon emission reduction: Insights from China's provincial data 知识产权、可再生能源创新与碳减排：中国省级数据的启示

IF 7.9 2区工程技术

Energy Strategy Reviews Pub Date : 2025-04-18 DOI: 10.1016/j.esr.2025.101705

Haoqiang Mao , Zhixin Qiao , Gang Chen , Yasir Khan , Babur Khan

{"title":"Intellectual property rights, renewable energy innovation, and carbon emission reduction: Insights from China's provincial data","authors":"Haoqiang Mao , Zhixin Qiao , Gang Chen , Yasir Khan , Babur Khan","doi":"10.1016/j.esr.2025.101705","DOIUrl":"10.1016/j.esr.2025.101705","url":null,"abstract":"<div><div>This research investigates how China's carbon reduction initiatives relate to renewable energy technological innovation (RETI) while focusing on protection policies for intellectual property rights (IPR). The analysis utilizes 30 Chinese provincial data points from 2014 through 2023 to determine IPR protection's influence on RETI carbon emission reduction effectiveness. The research shows that RETI functions as an essential tool for carbon emission reduction but has varied effectiveness depending on different renewable energy technologies. The advancement of hydropower technology has revealed limited potential to reduce emissions. The study shows that stronger IPR protection mechanisms enhance RETI carbon reduction performance within eastern Chinese regions and areas with high energy independence. IPR's ability to reduce carbon emissions deteriorates in regions with elevated carbon emissions. The research study discovered no conclusive proof that more muscular IPR protection systems improve the impact of energy storage technology innovation on emission reduction. The findings demonstrate how intellectual property rights protection interacts with renewable energy technology innovation and carbon emissions reduction while providing essential guidance for policy decisions. The study indicates that China requires specialized IPR enforcement approaches and tailored renewable energy policies to advance sustainable energy development.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"59 ","pages":"Article 101705"},"PeriodicalIF":7.9,"publicationDate":"2025-04-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143843342","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Future strategies of thermal power enterprises: What new chapter will be unveiled by the joint mechanism of energy rights and renewable energy certificates? 火电企业未来战略：能源权与可再生能源证书联动机制将揭开什么新篇章？

IF 7.9 2区工程技术

Energy Strategy Reviews Pub Date : 2025-04-17 DOI: 10.1016/j.esr.2025.101713

Yan Li, Tian-tian Feng, Xiao-qi Sun, Li-li Liu, Cheng Zhong

{"title":"Future strategies of thermal power enterprises: What new chapter will be unveiled by the joint mechanism of energy rights and renewable energy certificates?","authors":"Yan Li, Tian-tian Feng, Xiao-qi Sun, Li-li Liu, Cheng Zhong","doi":"10.1016/j.esr.2025.101713","DOIUrl":"10.1016/j.esr.2025.101713","url":null,"abstract":"<div><div>The escalating global energy transition imperative has intensified governmental focus on market-based mechanisms for energy governance. This study constructs a four-party evolutionary game model incorporating prospect theory and multi-objective optimization methods to systematically investigate the combined effects of policy synergy mechanisms and market incentive designs on the development of Energy-consuming Rights Trading (ERT). We find that a dynamic penalty mechanism can effectively induce compliance from firms. Driven by loss aversion, firms prefer policy defaults, highlighting unique behavioral responses under conditions of policy uncertainty. Through 525 multi-objective optimization experiments, the study identifies Pareto-optimal policy combinations at different stages. These findings suggest that combining high penalty thresholds with gradual policy integration can enhance policy effectiveness during the incubation of the ERT market. The combination of “High integration-moderate government intervention” (a = 0.05, B3 = 3.2, C3 = 3.2) can maximize ERT market activity while minimizing government intervention costs.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"59 ","pages":"Article 101713"},"PeriodicalIF":7.9,"publicationDate":"2025-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143843341","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Does a bank-dominated financial system benefit the development of renewable energy in developing countries? The case of China 银行主导的金融体系是否有利于发展中国家可再生能源的发展？以中国为例

IF 7.9 2区工程技术

Energy Strategy Reviews Pub Date : 2025-04-15 DOI: 10.1016/j.esr.2025.101715

Mingbo Zheng, Hao Zhou

{"title":"Does a bank-dominated financial system benefit the development of renewable energy in developing countries? The case of China","authors":"Mingbo Zheng, Hao Zhou","doi":"10.1016/j.esr.2025.101715","DOIUrl":"10.1016/j.esr.2025.101715","url":null,"abstract":"<div><div>Drawing on panel data encompassing 31 Chinese provinces during the period from 2007 to 2019 and employing a panel fixed-effects model, this study examines the influence of bank-dominated financial systems on the development of renewable energy alongside its specific operational mechanisms. The findings indicate that, compared to a market-dominated financial system, a bank-dominated financial system plays a significantly positive role in promoting renewable energy development. Heterogeneity analyses reveal that a bank-dominated financial system is particularly effective in fostering renewable energy development in provinces with lower levels of green finance, weaker environmental regulations, and lagging renewable energy sectors. Mechanism tests further demonstrate that a bank-dominated financial system can enhance the development of renewable energy by optimizing industrial structures and improving the level of green innovation. Ultimately, the study's conclusions underscore the pivotal role of bank-dominated financial systems in propelling the evolution of renewable energy within the Chinese context.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"59 ","pages":"Article 101715"},"PeriodicalIF":7.9,"publicationDate":"2025-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143829354","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The effects of attention to climate change on carbon, fossil energy and clean energy markets: Based on causal network learning algorithms 关注气候变化对碳、化石能源和清洁能源市场的影响：基于因果网络学习算法

IF 7.9 2区工程技术

Energy Strategy Reviews Pub Date : 2025-04-15 DOI: 10.1016/j.esr.2025.101717

Wenwen Liu, Miaomiao Tang, Peng Zhao

{"title":"The effects of attention to climate change on carbon, fossil energy and clean energy markets: Based on causal network learning algorithms","authors":"Wenwen Liu, Miaomiao Tang, Peng Zhao","doi":"10.1016/j.esr.2025.101717","DOIUrl":"10.1016/j.esr.2025.101717","url":null,"abstract":"<div><div>Climate-driven market interdependencies critically influence emission reduction strategies, yet the causal mechanisms linking carbon, fossil, and clean energy markets remain poorly quantified -a knowledge gap impairing risk-aware policymaking and sustainable investments. This study uses the Peter-Clark Momentary Conditional Independence (PCMCI) method in causal network learning algorithms to systematically quantify the multidimensional dynamic causal effects of climate attention, yield, and volatility across these three markets. We construct an investor climate attention indicator using 47 climate-related keywords and analyze daily price data from seven carbon, four clean energy, and three fossil energy markets. Empirical results demonstrate that structural heterogeneity exists in the price transmission mechanism, and attention to climate change disturbances trigger cross-market chain reactions. In the yield dynamics, an expectation-driven asymmetry emerges with a multiplier amplification mechanism. The volatility transmission follows a hierarchical path. Evolutionary analysis reveals the transformation of the energy system and the core position of the carbon market. This study offers investors quantitative guidance for constructing climate-resilient portfolios, highlighting the pivotal role of climate attention within the green financial system.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"59 ","pages":"Article 101717"},"PeriodicalIF":7.9,"publicationDate":"2025-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143829358","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0