Energy Strategy Reviews最新文献

{"title":"The intersection of economic growth and environmental sustainability in China: Pathways to achieving SDG","authors":"Shaohuai Feng ,&nbsp;Mohd Wira Mohd Shafiei ,&nbsp;Theam Foo Ng ,&nbsp;Jie Ren ,&nbsp;Yefeng Jiang","doi":"10.1016/j.esr.2024.101530","DOIUrl":"10.1016/j.esr.2024.101530","url":null,"abstract":"<div><div>This study explores the intricate relationship between economic development and ecological degradation in China to find ways to achieve the set goals of sustainable development within the framework of the SDGs. Fueled by the pursuit of sustainable development alongside economic growth, this study includes dimensions like carbon footprint, air and water pollution, and resource consumption in thirty-three provinces of China for the period of 2005–2015.Based on economic, environmental, and political perspectives, the existing research compares one policy measure the Chinese government has adopted to promote sustainable environmental development while continuing economic growth. This study, therefore, highlights the trade-offs and co-benefits between environmental conservation and development, based on an evaluation of large datasets and a review of literature. In analyzing the key findings, the paper notes significant progress and shortcomings in achieving the set Sustainable Development Goals. The findings indicate that sustainable clean water investments synergize with the protection of land-based ecosystems and climate action plans. Therefore, these findings enhance the understanding of China's sustainable development process, providing relevant knowledge to practitioners, policymakers, and scholars to tackle similar issues worldwide. The study demonstrates the need for policy coherence and intervention measures to align economic development with environmental conservation, contributing to the discourse on sustainable development.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"55 ","pages":"Article 101530"},"PeriodicalIF":7.9,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142359480","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"What lessons and experiences can be learned from China for practicing low carbon city: A policy instrument perspective","authors":"Bei He ,&nbsp;Zhijie Li ,&nbsp;Xiaoyun Du ,&nbsp;Xiaoxuan Wei ,&nbsp;Jiayu Li","doi":"10.1016/j.esr.2024.101539","DOIUrl":"10.1016/j.esr.2024.101539","url":null,"abstract":"<div><div>Practicing low carbon city (LCC) is the key strategy for reducing carbon emissions in China. Policy instruments are important tools to guide LCC practice. Most existing studies failed to demonstrate the performance of LCC policy instruments in China. This study analyzes the lessons and experiences of Chinese cities for implementing LCC from the policy instrument perspective. This study developed a comprehensive two-dimensional analytical framework to classify policy instruments for LCC based on considerations of both diversity and abundance. Empirical analyses were conducted using data collected from 35 sample cities in China spanning the period from 2006 to 2020. The empirical findings reveal significant heterogeneity in the implementation of LCC policies across Chinese cities with varying levels of economic development. This research draws a holistic picture of LCC policy instruments in China, which can provide important references for governors to formulate targeted low-carbon policies.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"55 ","pages":"Article 101539"},"PeriodicalIF":7.9,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142359482","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The path to 2060: Saudi Arabia's long-term pathway for GHG emission reduction","authors":"Puneet Kamboj ,&nbsp;Mohamad Hejazi ,&nbsp;Yang Qiu ,&nbsp;Page Kyle ,&nbsp;Gokul Iyer","doi":"10.1016/j.esr.2024.101537","DOIUrl":"10.1016/j.esr.2024.101537","url":null,"abstract":"<div><div>Saudi Arabia, as part of its Saudi Green Initiative, has announced its goal to achieve net zero green-house gas emissions by 2060. This ambitious target underscores the nation's dedication to addressing climate change. However, there is a significant gap in comprehensive analysis regarding the long-term effects of Saudi Arabia's climate policies and their collective contribution towards the net-zero objective. This study endeavors to bridge this gap through a detailed examination using the GCAM-KSA, a specialized version of the Global Change Analysis Model tailored for Saudi Arabia, employing a multi-sectoral methodology that integrates economic, energy, and land use systems within a coherent framework to assess the impact of climate policies on GHG emissions. Our analysis reveals that reaching net-zero GHG emissions by 2060 is a complex challenge requiring concerted efforts across all sectors of the economy. While transitioning to low-carbon electricity and improving energy efficiency offer considerable emission reductions, fully decarbonizing the industrial and transportation sectors poses a significant hurdle. Our findings suggest that Saudi Arabia must triple its emission reduction commitments in its next Nationally Determined Contributions (NDCs) update to align with its 2060 net-zero goal. Early action and increased ambition could avoid the chances of getting locked into the high emission assets and give enough time to transform the energy system. Furthermore, the adoption and integration of Carbon Dioxide Removal (CDR) technologies are identified as crucial for offsetting residual emissions, especially in sectors that might continue to rely on fossil fuels.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"55 ","pages":"Article 101537"},"PeriodicalIF":7.9,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2211467X24002463/pdfft?md5=a0c2d61916ffff492dc9d17987cfc528&pid=1-s2.0-S2211467X24002463-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142312797","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The effect of hydropower bidding strategy on the iberian day-ahead electricity market","authors":"Juan Manuel Roldan-Fernandez ,&nbsp;Javier Serrano-Gonzalez ,&nbsp;Angel Gaspar Gonzalez-Rodriguez ,&nbsp;Manuel Burgos-Payan ,&nbsp;Jesus Manuel Riquelme-Santos","doi":"10.1016/j.esr.2024.101517","DOIUrl":"10.1016/j.esr.2024.101517","url":null,"abstract":"<div><p>In 2021, the Iberian Electricity Market, which includes Portugal and Spain, experienced a significant increase in electricity prices. On average, prices tripled compared to pre-pandemic levels in 2019, despite stable demand. This trend, though less pronounced in other European markets, has raised concerns about the efficiency and competitiveness of wholesale electricity markets. This study investigates the bidding behavior of non-pumped hydropower plants in the Iberian market, employing a merit order model based on real data from 2019 to 2021. The analysis reveals a clear mismatch between hydropower bid prices and actual production costs. Although this practice is legal, it conflicts with the European Union's goal of promoting fair competition within the internal electricity market.</p><p>Our findings suggest that aligning hydropower bid prices with 2019 levels could have reduced annual market costs by approximately 2324 million euros under a moderate scenario. This indicates substantial potential for cost savings and improved integration of hydropower. However, this strategy also benefits companies that own these hydropower plants, as they often possess large portfolios and can capitalize on increased market prices through other plants, particularly renewable energy units, which offer electricity at very low prices and have a high likelihood of being dispatched.</p><p>Furthermore, the study highlights regulatory gaps allowing hydropower plants to price low-cost energy similarly to thermal plants, raising consumer costs and distorting market dynamics. These findings emphasize the need for stronger regulatory oversight and reforms to prevent excessive price inflation by hydropower, which plays a critical role in renewable energy integration and grid stability. Policymakers must ensure fair pricing while compensating hydropower plants for their flexibility and essential contributions to the energy system.</p></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"55 ","pages":"Article 101517"},"PeriodicalIF":7.9,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2211467X24002268/pdfft?md5=f14cb3d9cb65d5e348cf31eb1f6ea48f&pid=1-s2.0-S2211467X24002268-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142096682","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Techno-economic synergy analysis of integrated electric power and hydrogen system","authors":"Elahe Sahraie ,&nbsp;Innocent Kamwa ,&nbsp;Ali Moeini ,&nbsp;Seyed Masoud Mohseni-Bonab","doi":"10.1016/j.esr.2024.101515","DOIUrl":"10.1016/j.esr.2024.101515","url":null,"abstract":"<div><p>This study introduces an integrated renewable-penetrated electric power and hydrogen energy system (IRPHS) framework to address the integration challenges of renewable energy sources (RESs) through the development of a hydrogen-based multi-carrier energy system. The IRPHS combines a renewable-penetrated electric power system (RP-EPS) with hydrogen energy system (HES), integrating urban transportation systems (UTSs), and incorporating short and long-term hydrogen storage. By employing scenario-based stochastic programming and the alternating direction method of multipliers (ADMM), the study tackles uncertainties of renewable power and complexities of IRPHS problem. The research evaluates benefits of integrated versus stand-alone operation, focusing on flexibility across hydrogen generation, transportation, and storage. Findings highlight cost-efficient hydrogen generation, enhanced efficiency, and economic benefits in RES deployment, particularly with long-term hydrogen storage.</p></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"55 ","pages":"Article 101515"},"PeriodicalIF":7.9,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2211467X24002244/pdfft?md5=e9e48bc07f7418178f72b36bed4d8e16&pid=1-s2.0-S2211467X24002244-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142122616","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The importance of heat pump cost reduction and domestic supply chain development in the presence of persisting energy price shocks","authors":"Antonios Katris,&nbsp;Karen Turner,&nbsp;Christian F. Calvillo,&nbsp;Long Zhou","doi":"10.1016/j.esr.2024.101518","DOIUrl":"10.1016/j.esr.2024.101518","url":null,"abstract":"<div><p>In this paper we conduct economy-wide scenario simulations to investigate whether and how the wider economic stimulus associated with deploying heat pumps in the UK may help mitigate the macroeconomic and distributional impacts of persistently high electricity and gas prices. Our results show that expansionary processes triggered by producing and installing heat pumps can help offset contractionary pressures associated with higher energy prices. However, outcomes depend on the extent of domestic supply chain content in manufacturing heat pumps, on installation costs to households, on how and where government revenues accrue. Moreover, the relative importance of drivers varies over time. For example, higher purchase and installation costs may support a greater initial stimulus via producer and domestic supply chain gains, despite the greater cost burden on households. However, over time, cost reductions are required to deliver the most favourable economy-wide outcomes.</p></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"55 ","pages":"Article 101518"},"PeriodicalIF":7.9,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2211467X2400227X/pdfft?md5=7f08ec2dfbf1d6c35300591a60d60989&pid=1-s2.0-S2211467X2400227X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142128784","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Hedging renewable power purchase agreements","authors":"Juan Ignacio Peña,&nbsp;Rosa Rodríguez,&nbsp;Silvia Mayoral","doi":"10.1016/j.esr.2024.101513","DOIUrl":"10.1016/j.esr.2024.101513","url":null,"abstract":"<div><p>This paper uses closed-form and copula models to analyze short-term and medium-term financial instruments' hedging effectiveness and tail risk reduction in long-term renewable Power Purchase Agreements (PPAs). Using monthly and yearly exchange-traded electricity futures, we study PPA contracts from California, Germany, France, Italy, and Spain. The overall low or negative hedging effectiveness and inconsistent tail risk reductions indicate that traditional linear hedging strategies may not consistently achieve the desired risk mitigation. Monthly contracts are generally more effective in California, Germany, and France, while yearly contracts are preferable in Italy and Spain, highlighting the need for market-specific hedging strategies.</p></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"55 ","pages":"Article 101513"},"PeriodicalIF":7.9,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2211467X24002220/pdfft?md5=df122c8c06321f02ae79db851ae04367&pid=1-s2.0-S2211467X24002220-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142168275","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Renewable Energy Communities: Towards a new sustainable model of energy production and sharing","authors":"Sajjad Ahmed ,&nbsp;Ancuța Maria Măgurean","doi":"10.1016/j.esr.2024.101522","DOIUrl":"10.1016/j.esr.2024.101522","url":null,"abstract":"<div><p>In the context of Europe's efforts towards decarbonization, this paper introduces a novel framework for Renewable Energy Communities (RECs), validated with multiple case studies from Italy's practice. Drawing on established concepts and an extensive literature review, the framework identifies key pillars supporting its model. The paper delineates the essential features defining the conceptual model of RECs, offering a process-oriented perspective. This model serves as a tool to assess the success of existing RECs comprehensively and provides a structured pathway for the development of new projects across different countries, fostering replication within communities. An overarching framework is presented as a solution to enhance the effective utilization of renewable energy sources. Buildings, and the communities of people who live in them are considered primary energy consumers and direct beneficiaries of a REC framework. Consequently, an original pathway for the mass renovation of buildings located in highly populated areas, from the energy sources perspective, is provided.</p></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"55 ","pages":"Article 101522"},"PeriodicalIF":7.9,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2211467X24002311/pdfft?md5=057bdaa9328e56810ae991c71f22ee2b&pid=1-s2.0-S2211467X24002311-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142148814","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Identifying trends and research gaps in ESCO research: A systematic literature review","authors":"Bongumusa M.B. Cebekhulu ,&nbsp;Tebello N.D. Mathaba ,&nbsp;Charles Mbohwa","doi":"10.1016/j.esr.2024.101516","DOIUrl":"10.1016/j.esr.2024.101516","url":null,"abstract":"<div><div>Growing research interests in energy service companies (ESCOs) has led to an increase in published research spanning the past decade. However, attempts to map global ESCO-related research have been sparse. The aim of this paper is to map the trends in ESCO, to appraise the state of the field in global ESCO research, and to identify current research gaps. This is achieved by conducting a systematic literature review and qualitative analysis of recently published research papers. The study uses bibliographic, co-citation, and keyword analysis to identify recent trends in global ESCO research. The results show that the aspects of ESCO that most studies have focused on are business models, market development, barriers, and drivers of ESCO, stakeholders in ESCO, energy performance contracts, and risk management in ESCO. In addition, the study identifies two main research gaps in ESCO research. These are public-private partnerships in ESCO programs and the development of a harmonised measurement and verification method for energy savings as the research gaps in ESCO studies. The outcomes of this study would be useful for understanding current developments in global ESCO research and to guide the next frontier in the subject.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"55 ","pages":"Article 101516"},"PeriodicalIF":7.9,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2211467X24002256/pdfft?md5=e6c1b7dadb8676315dc5f6dd16811c26&pid=1-s2.0-S2211467X24002256-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142312801","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Macro, meso, and micro decomposition of energy consumption in Ghana: Role of shocks (local and global) and energy policy interventions","authors":"Philip Kofi Adom ,&nbsp;Goodsgood Kofi Botwe-Koomson ,&nbsp;William Ohemeng","doi":"10.1016/j.esr.2024.101549","DOIUrl":"10.1016/j.esr.2024.101549","url":null,"abstract":"<div><div>This study conducted a macro, meso, and micro index decomposition analysis of energy consumption in Ghana from 2013 to 2020, highlighting the roles of local (e.g., power crisis) and global (e.g., COVID-19) shocks, as well as energy policy initiatives on technical efficiency improvement. We found that technical efficiency improvements varied at different times of the implementation period of energy policy initiatives and across various macro, meso, and micro-sectors of the economy. Technical efficiency improvement varied significantly across these sectors but worsened much more in service sector during periods of local and global shocks. Additionally, the importance of activity, structural, and intensity effects differed over time and across the macro, meso, and micro-sectors of the economy. We discuss the policy implications of these findings.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"55 ","pages":"Article 101549"},"PeriodicalIF":7.9,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142419853","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}