Energy Policy最新文献

The impact of digital economy on energy rebound effect in China: A stochastic energy demand frontier approach 数字经济对中国能源反弹效应的影响：随机能源需求前沿方法

IF 9.3 2区经济学

Energy Policy Pub Date : 2024-11-17 DOI: 10.1016/j.enpol.2024.114418

Chenchen Huang, Boqiang Lin

{"title":"The impact of digital economy on energy rebound effect in China: A stochastic energy demand frontier approach","authors":"Chenchen Huang, Boqiang Lin","doi":"10.1016/j.enpol.2024.114418","DOIUrl":"10.1016/j.enpol.2024.114418","url":null,"abstract":"<div><div>The energy rebound effect threatens to realize the energy-saving effect of energy efficiency measures. The effect of the development of the digital economy on the energy rebound effect is still being determined. This paper is based on the panel data of 30 provinces in China from 2011 to 2021. A stochastic frontier model of energy demand is built to examine the influence of the digital economy on the energy rebound effect. The findings are as follows: (1) Digital economy significantly promotes the energy rebound effect. The average energy rebound impact is calculated to be 55.1%. (2) Urbanization strengthens the positive effect of the digital economy on the rebound effect. (3) Different provinces experience the rebound effect differently due to the digital economy. The digital economy has a more significant role in fostering the rebound effect in places with higher R&D intensity, lower coal share, and higher secondary sector share. This study argues that we should deepen the reform of energy prices, promote sophisticated energy-saving technology development, and promote energy structure transformation while expanding the digital economy to mitigate the negative impact of the rebound effect effectively.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"196 ","pages":"Article 114418"},"PeriodicalIF":9.3,"publicationDate":"2024-11-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658600","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Policy implications of implementing residential PV solar energy systems in developing regions 在发展中地区实施住宅光伏太阳能系统的政策影响

IF 9.3 2区经济学

Energy Policy Pub Date : 2024-11-17 DOI: 10.1016/j.enpol.2024.114414

Jaribu Shand, Emmanuel Glakpe, Chase Ivey

{"title":"Policy implications of implementing residential PV solar energy systems in developing regions","authors":"Jaribu Shand, Emmanuel Glakpe, Chase Ivey","doi":"10.1016/j.enpol.2024.114414","DOIUrl":"10.1016/j.enpol.2024.114414","url":null,"abstract":"<div><div>Access to sustainable and reliable energy sources is a pivotal driver of economic development and improved living standards in all regions of the world. This research paper explores the policy implications of implementing residential photovoltaic (PV) solar systems in two developing regions, Jamaica, and Ghana, and emphasizes the role of policy frameworks in shaping the sustainable energy landscape. The study employs a multifaceted approach, combining System Advisor Model (SAM) analysis – which reveals promising energy production potential in both regions, with substantial economic benefits – and a risk assessment to evaluate the feasibility, economic viability, and potential barriers to residential PV solar adoption. Financial assessments indicate competitive payback periods and favorable returns on investment, suggesting that residential PV systems can offer cost-effective energy solutions. Identifying potential barriers to adoption through a comprehensive risk assessment highlights challenges related to policy instability, financing constraints, and technical limitations. Policy recommendations and strategies for mitigating these barriers are proposed to accelerate the transition to renewable energy sources in both regions. The findings underscore the potential for solar energy to address energy access challenges while advancing economic development, environmental sustainability, and energy resilience in Jamaica, and Ghana, while offering valuable lessons for similar contexts worldwide.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"196 ","pages":"Article 114414"},"PeriodicalIF":9.3,"publicationDate":"2024-11-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658503","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A multi-phase qualitative study on consumers’ barriers and drivers of electric vehicle use in India: Policy implications 关于印度消费者使用电动汽车的障碍和驱动因素的多阶段定性研究：政策影响

IF 9.3 2区经济学

Energy Policy Pub Date : 2024-11-17 DOI: 10.1016/j.enpol.2024.114415

Shanu Jain , Shalini Gautam , Priyanka Malik , Sushant Kumar , Chitra Krishnan

引用次数: 0

The value of decentral flexibility in nodal market design – A case study for Europe 2030 节点市场设计中分散灵活性的价值 - 欧洲 2030 案例研究

IF 9.3 2区经济学

Energy Policy Pub Date : 2024-11-14 DOI: 10.1016/j.enpol.2024.114396

Florian Boehnke, Hendrik Kramer, Christoph Weber

{"title":"The value of decentral flexibility in nodal market design – A case study for Europe 2030","authors":"Florian Boehnke, Hendrik Kramer, Christoph Weber","doi":"10.1016/j.enpol.2024.114396","DOIUrl":"10.1016/j.enpol.2024.114396","url":null,"abstract":"<div><div>To better integrate fluctuant renewable energy sources, we investigate the local value of decentral flexibility options e.g., battery storage systems, electric vehicles and heat pumps, under nodal market design. A novel framework to depict the economic value of decentral flexibility units at different locations is presented: First, based on an energy system model, nodal as well as zonal price time series are generated. Second, flexibility values are computed based on these price time series using operation models. Our case study for 2030 for Europe demonstrates the high value of decentral flexibility provided especially by bidirectional flexibility options. The mean daily price spread is found to be a main driver for all flexibility values. We observe similar flexibility values across most nodes in both market designs. However, for a distinct subset of nodes that represent close to 10% of total demand, substantially higher values of local flexibilities are observed which indicates a markedly higher demand for flexibility. Yet, the zonal market design only provides imperfect incentives for the system-oriented operation of flexibilities at these nodes. Besides the introduction of nodal pricing as first-best option, we propose to consider tailored instruments focusing on these flexibility hot spots as second-best policies.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"196 ","pages":"Article 114396"},"PeriodicalIF":9.3,"publicationDate":"2024-11-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658507","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Green on demand? Offtaker preferences for corporate power purchase agreements 绿色需求？企业购电协议的承购方偏好

IF 9.3 2区经济学

Energy Policy Pub Date : 2024-11-13 DOI: 10.1016/j.enpol.2024.114408

Sabrina Mili, Elizabeth Côté

{"title":"Green on demand? Offtaker preferences for corporate power purchase agreements","authors":"Sabrina Mili, Elizabeth Côté","doi":"10.1016/j.enpol.2024.114408","DOIUrl":"10.1016/j.enpol.2024.114408","url":null,"abstract":"<div><div>Corporate power purchase agreements (CPPAs) have emerged as an additional instrument for accelerating renewable energy deployment. By facilitating the financing of projects, CPPAs offer numerous benefits to power producers and corporate offtakers. However, despite their growing popularity, risk allocation among these counterparties remains challenging. This study investigates risk perceptions and preferences for CPPA design based on insights from 91 corporate offtakers who made 860 hypothetical green-power-procurement decisions in the Swiss context. Our results show a strong interest in CPPAs with lower prices and shorter tenors. The latter is especially important for SMEs, who would be willing to pay considerably more for a five-year contract than a longer one. While large companies would pay hefty premiums for local power production, SMEs impute more importance to the type of technology. However, long-term commitments and the complexity of contractual obligations are major drawbacks. While our findings show that CPPAs have the potential to play an important role in complementing public support for renewables, they also point to the need to implement framework conditions that contribute to lowering risks and complexity for counterparties. Further, they highlight distinctive preferences within this consumer segment, which could inform CPPA negotiations and foster mutually beneficial agreements.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"196 ","pages":"Article 114408"},"PeriodicalIF":9.3,"publicationDate":"2024-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658504","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Effect of consumer subsidies on coal mine efficiency and its transmission mechanism 消费者补贴对煤矿效率的影响及其传导机制

IF 9.3 2区经济学

Energy Policy Pub Date : 2024-11-11 DOI: 10.1016/j.enpol.2024.114412

Xiaofei Wang , Lirong Xu , Qin Gao , Nan Liu , Chongmei Wang , Ke Li

{"title":"Effect of consumer subsidies on coal mine efficiency and its transmission mechanism","authors":"Xiaofei Wang , Lirong Xu , Qin Gao , Nan Liu , Chongmei Wang , Ke Li","doi":"10.1016/j.enpol.2024.114412","DOIUrl":"10.1016/j.enpol.2024.114412","url":null,"abstract":"<div><div>Appropriate consumer subsidies can effectively address energy poverty. However, in China, the continued high level of fossil energy consumer subsidies, influenced by the energy consumption structure, may impede the green, low-carbon, and high-quality development of energy production companies. This study examines coal mines in Shandong province from 2017 to 2021 to explore the effects of consumer subsidies on mine production efficiency and its mechanisms. The results show that technological advancements are essential for mine production efficiency improvement, but consumer subsidies have a significant negative effect on mine production efficiency, and the influence weight is −0.020. Additionally, the mechanism analysis reveals that consumer subsidies affect mine production efficiency through factors such as environmental governance, market competition, and management quality. It is proposed that reforms in the coal market, including optimizing the long-term cooperative pricing mechanism, could mitigate the negative effects of consumer subsidies and support energy structure adjustments.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"196 ","pages":"Article 114412"},"PeriodicalIF":9.3,"publicationDate":"2024-11-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658506","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The spatial dynamics of energy efficiency: EPC impact on retail property values 能源效率的空间动态：EPC 对零售物业价值的影响

IF 9.3 2区经济学

Energy Policy Pub Date : 2024-11-09 DOI: 10.1016/j.enpol.2024.114403

Jia Jasmine Zhang , Hauke Ward , Queena Qian

{"title":"The spatial dynamics of energy efficiency: EPC impact on retail property values","authors":"Jia Jasmine Zhang , Hauke Ward , Queena Qian","doi":"10.1016/j.enpol.2024.114403","DOIUrl":"10.1016/j.enpol.2024.114403","url":null,"abstract":"<div><div>This paper systematically analyzes the effect of energy efficiency on transacted rental and capital values of Dutch retail property assets from 2015–2021. Prior research on Energy Performance Certification (EPC) and energy premiums consistently showed a pricing effect, but recent investigations reveal inconclusive results, particularly when considering non-residential properties. Leveraging a unique dataset of 1015 lease transactions and 478 sale transactions, this study provides one of the first estimates of how EPC labels impact retail value. We utilize ordinary least squares (OLS) regression, considering characteristic retail determinants such as footfall, catchment area type, and retail type, among others. This study finds a premium of 11 percent for rental transactions with Label C or higher on a price per square meter basis. Capital premiums for energy-efficient transactions are more marginal and complex, particularly when accounting for data limitations such as geographic distribution. The nexus between sustainability and financial benefits incentivizes investors and policymakers to embrace energy-efficient measures. Pioneering spatial analyses of EPCs in the retail sector, this paper offers insights for informed policy-making amid geographic variations. In the era of transparency, this research provides empirical evidence to drive responsible investments in energy-efficient retail, shifting from risk management to stakeholder benefits and improved capital efficiency.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"195 ","pages":"Article 114403"},"PeriodicalIF":9.3,"publicationDate":"2024-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142655436","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Impact of different regulatory approaches in renewable energy communities: A quantitative comparison of european implementations 不同监管方法对可再生能源社区的影响：欧洲实施情况的定量比较

IF 9.3 2区经济学

Energy Policy Pub Date : 2024-11-09 DOI: 10.1016/j.enpol.2024.114399

Giulia Taromboli , Tiago Soares , José Villar , Matteo Zatti , Filippo Bovera

{"title":"Impact of different regulatory approaches in renewable energy communities: A quantitative comparison of european implementations","authors":"Giulia Taromboli , Tiago Soares , José Villar , Matteo Zatti , Filippo Bovera","doi":"10.1016/j.enpol.2024.114399","DOIUrl":"10.1016/j.enpol.2024.114399","url":null,"abstract":"<div><div>Recently, the uptake of renewable energy has surged in distribution networks, particularly due to the cost-effectiveness and modular nature of photovoltaic systems. This has paved the way to a new era of user engagement, embodied by individual and collective self-consumption, and promoted by the EU Directive 2018/2001, which advocates for the establishment of Renewable Energy Communities. However, the transposition of this directive varies across Member States, resulting in specific rules for each country. In this work, the impact that different energy sharing models have on the same community is quantitatively assessed. The policy analysis focuses on the regulation of two countries, Italy and Portugal, chosen for the specular ways in which their models operate, respectively virtually and physically. The analysis is supported by a suite of tools which includes two optimization problems for community's operations, one for each analysed regulation, and a set of consumer protection mechanisms, to ensure no member is losing money while in community. Results demonstrate that the sharing model impacts community's optimal operations, optimal battery size and configuration, and members' benefit. As these models are sensitive to different variables, personalized interventions at national level are required.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"195 ","pages":"Article 114399"},"PeriodicalIF":9.3,"publicationDate":"2024-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142655435","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Enhancing energy security and efficiency through a regional integration policy: The case of the Southern Cone 通过区域一体化政策加强能源安全和效率：南锥体的案例

IF 9.3 2区经济学

Energy Policy Pub Date : 2024-11-08 DOI: 10.1016/j.enpol.2024.114384

Juan Martinez Alvarez , Simon Fernandez-Vazquez , Sebastian Vargas Macedo , Adrian Ortega-Andrade

{"title":"Enhancing energy security and efficiency through a regional integration policy: The case of the Southern Cone","authors":"Juan Martinez Alvarez , Simon Fernandez-Vazquez , Sebastian Vargas Macedo , Adrian Ortega-Andrade","doi":"10.1016/j.enpol.2024.114384","DOIUrl":"10.1016/j.enpol.2024.114384","url":null,"abstract":"<div><div>This paper addresses the knowledge gap concerning foreign exchange risk in energy transactions within the Regional Initiative Energy Integration System of the Southern Cone Countries (SIESUR) of the Latin American region. Focusing on the cross-border electricity, it investigates the impact of exchange rate fluctuations on the transaction model in SIESUR: US dollar-denominated cross-border energy contracts with a time lag between invoicing and payment. The objective of this paper is to estimate foreign exchange risk exposure and propose mitigation solutions. Analyzing foreign exchange risk of energy trading among SIESUR member countries reveals substantial financial costs hindering electricity integration. Energy importing countries, facing greater exposure of their local currencies and weakened bargaining power, are particularly vulnerable. A Monte Carlo simulation model, using historical exchange rate data, highlights significant currency volatility, emphasizing the substantial foreign exchange risk exposure within SIESUR. Notably, cost overruns of energy imports due to foreign exchange risk exposure can reach 12.6% of transaction value. Through a global analysis, potential strategies for risk management are explored to foster electricity exchange expansion. Efforts to mitigate foreign exchange risk are crucial for advancing electricity integration within the SIESUR region. This study underscores policy implications for enhancing regional energy security and promoting sustainable development.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"195 ","pages":"Article 114384"},"PeriodicalIF":9.3,"publicationDate":"2024-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142655561","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The concern about main crises such as the Covid-19 pandemic, the war in Ukraine, and climate change's impact on energy-saving behavior 对新冠肺炎大流行、乌克兰战争以及气候变化对节能行为的影响等主要危机的担忧

IF 9 2区经济学

Energy Policy Pub Date : 2023-09-01 DOI: 10.1016/j.enpol.2023.113678

Genovaitė Liobikienė , Yuliia Matiiuk , Ričardas Krikštolaitis

{"title":"The concern about main crises such as the Covid-19 pandemic, the war in Ukraine, and climate change's impact on energy-saving behavior","authors":"Genovaitė Liobikienė , Yuliia Matiiuk , Ričardas Krikštolaitis","doi":"10.1016/j.enpol.2023.113678","DOIUrl":"10.1016/j.enpol.2023.113678","url":null,"abstract":"<div><p>The number of crises experienced around the world forces people to reconsider and reassess various aspects of their lives. The energy crisis caused by the war in Ukraine and uncontrolled climate change revealed the importance of energy-saving behavior. Thus, the aim of this paper is to analyze the concerns about current crises such as the Covid-19 pandemic, the war in Ukraine, and climate change's impact on energy-saving behavior and changes in environmental concern. Referring to the survey conducted in Lithuania in 2022, where 1000 respondents participated, the results revealed that the war in Ukraine was the most concerning problem. The level of climate change concern was slightly lower. Meanwhile, the Covid-19 pandemic was the least important problem in Lithuania in 2022. Furthermore, respondents stated that the Covid-19 pandemic contributed to the changes in environmental concern and energy-saving actions more than the war in Ukraine did. Meanwhile, the Generalized Linear Model results revealed that only the war in Ukraine positively and significantly influenced energy-saving behavior. The Covid-19 pandemic concern negatively affected energy-saving behavior, while the climate change concern factor affected it indirectly, as the interaction of attitudes toward energy consumption. Thus, this study revealed the main aspect of and how to encourage energy-saving behavior in the context of the main current crises.</p></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"180 ","pages":"Article 113678"},"PeriodicalIF":9.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10288316/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9709756","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0