Energy PolicyPub Date : 2024-12-27DOI: 10.1016/j.enpol.2024.114478
Yang Liu, Yugang Yang
{"title":"Carbon literacy, switching cost, and consumer choice: Evidence from the new energy vehicle purchase analysis","authors":"Yang Liu, Yugang Yang","doi":"10.1016/j.enpol.2024.114478","DOIUrl":"10.1016/j.enpol.2024.114478","url":null,"abstract":"<div><div>Household carbon emissions account for a significant proportion of the national total emissions. Using a unique nation-wide survey data (CRECS) in 2022, this paper estimates the impact of carbon literacy on individual low-carbon consumption intentions and behavior by using the instrumental variable. Taking new Energy vehicle purchase as an example and we find that: first, carbon literacy only has a significant positive effect on purchase intentions, and does not have a significant effect on purchase behavior; and when the carbon literacy score increases by every 1 point, the individual purchase intentions will significantly increase by 0.224; second, the impact of carbon literacy on low-carbon consumption intentions is different cross education levels, regions and occupation types in China; finally, the difference between effect of carbon literacy on purchase intentions and behavior can be explained by the switching cost. The government ought to intensify efforts to enhance residents' carbon literacy and mitigate potential switching costs in order to foster low-carbon development.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"198 ","pages":"Article 114478"},"PeriodicalIF":9.3,"publicationDate":"2024-12-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143094949","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}
Energy PolicyPub Date : 2024-12-26DOI: 10.1016/j.enpol.2024.114482
Boqiang Lin, Zongyou Zhang
{"title":"Geopolitics of renewable energy development: The role of energy metals","authors":"Boqiang Lin, Zongyou Zhang","doi":"10.1016/j.enpol.2024.114482","DOIUrl":"10.1016/j.enpol.2024.114482","url":null,"abstract":"<div><div>The transition to renewable energy (RE) necessitates a substantial increase in the supply of energy metals (EM). However, China's EM supply chains are vulnerable to geopolitical risk (GPR) due to its heavy reliance on EM imports. As an essential material for supporting the development of RE, will <span>EM</span> emerge as the new geopolitical chip during the shift towards RE? Employing the TVP-VAR-SV model, this study investigates the time-varying linkages among GPR, RE, and EM using monthly time series data spanning from December 2012 to April 2024. The findings reveal that: (1) GPR exhibits evident time-varying and predominantly exerts a negative impact on China's RE. One potential consequence of GPR is its disruption to the stability of the EM supply chain. (2) The rapid advancement of RE in China may instigate novel forms of geopolitical conflicts, with the development of EM playing a crucial role in mitigating GPR. (3) The effects of shocks stemming from GPR on RE vary across different time points. This research offers specific policy recommendations for risk prevention and strengthening China's energy security such as emphasizing diversification in EM sourcing throughout its ongoing process of transitioning to alternative sources.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"198 ","pages":"Article 114482"},"PeriodicalIF":9.3,"publicationDate":"2024-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143094950","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}
Energy PolicyPub Date : 2024-12-26DOI: 10.1016/j.enpol.2024.114481
Qingjuan Chen , Chengzhen Xu , Qunwei Wang
{"title":"Critical contributors and transmission paths of energy consumption in China's supply chains network","authors":"Qingjuan Chen , Chengzhen Xu , Qunwei Wang","doi":"10.1016/j.enpol.2024.114481","DOIUrl":"10.1016/j.enpol.2024.114481","url":null,"abstract":"<div><div>Clarifying the critical contributors to energy consumption and understanding the formation mechanisms along supply chain network are essential for advancing sustainable development. In this study, we employ a multi-regional input-output model to profile province-sectors from production-, betweenness-, and consumption-based perspectives to identify the key hotspots driving energy consumption in China in 2017. The hypothetical extraction method is then applied to quantify the impact of critical sectors on total energy use of other provincial sectors. Finally, we identify the most critical supply chain paths contributing to these key sectors through top-down, betweenness-based, and bottom-up structural path analysis techniques. Results show that chemical industry in Shandong and Jiangsu and metallurgy in Hebei are the most significant energy consumption hotspots from a betweenness-based perspective. The basic material sectors (e.g. chemicals, metal, and non-metal) and transport and storage are the most important energy consumption sources, while construction stands as the principal final consumer, collectively forming major energy transfer paths. For the supply chain paths of key transmission hubs, the upstream sectors are often centered within the hubs themselves, highlighting the necessity of simplifying the complexity of supply chains in these sectors. We recommend integrated energy management strategies that incorporate targeted measures for critical sectors and supply chain paths, addressing energy challenges from production-based, betweenness-based, and consumption-based perspectives.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"198 ","pages":"Article 114481"},"PeriodicalIF":9.3,"publicationDate":"2024-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143094951","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}
Energy PolicyPub Date : 2024-12-26DOI: 10.1016/j.enpol.2024.114468
Jing Zhang , Yu Liu , Lingyu Yang , Jinzhu Zhang , Xinbei Li
{"title":"An assessment of the effectiveness of CCS technology incentive policies based on dynamic CGE model","authors":"Jing Zhang , Yu Liu , Lingyu Yang , Jinzhu Zhang , Xinbei Li","doi":"10.1016/j.enpol.2024.114468","DOIUrl":"10.1016/j.enpol.2024.114468","url":null,"abstract":"<div><div>Large-scale carbon capture and storage (CCS) technology deployment encounters significant funding gaps, government incentives play a crucial role in its advancement. This research constructs a CGE model incorporating CCS technology to analyze the impacts of incentives - fiscal subsidy and credit financing - on CCS mitigation and economic costs at macroeconomic and sectoral levels. The findings indicate that: (1) Incentives effectively enhance CCS capture volumes (at least 80 Mt/a for subsidy, 218 Mt/a for credit), but also exacerbate the carbon emission rebound effect, diminishing their effectiveness in enhancing the net mitigation effect of CCS. (2) Incentives significantly alleviate economic losses (at least 64 billion CNY/a for subsidy, 319 billion CNY/a for credit), but also induce multi-phase macroeconomic fluctuations and short-term economic drawbacks. (3) A potential trade-off exists in sectoral incentives for CCS development: subsidy policy is more effective in promoting CCS in coal power industry, while credit policy is better suited for facilitating CCS deployment in chemical, cement, and iron and steel industries. Therefore, the implementation of incentives should enhance the energy efficiency of CCS-related sectors, mitigate the negative impacts on agriculture, light industry, services and renewable energy industries, and develop differentiated incentive programs to support sectoral CCS development.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"198 ","pages":"Article 114468"},"PeriodicalIF":9.3,"publicationDate":"2024-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143094948","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}
Energy PolicyPub Date : 2024-12-25DOI: 10.1016/j.enpol.2024.114472
Katharina Reidl, Rolf Wüstenhagen
{"title":"Decarbonising the rental housing market: An experimental analysis of tenants’ preferences for clean energy features of residential buildings","authors":"Katharina Reidl, Rolf Wüstenhagen","doi":"10.1016/j.enpol.2024.114472","DOIUrl":"10.1016/j.enpol.2024.114472","url":null,"abstract":"<div><div>End-use electrification has been identified as one of the most promising strategies for decarbonizing the building sector. While there is significant growth of distributed solar photovoltaics (PV), heat pumps and electric vehicles (EV) in many countries, the majority of this trend has been driven by high-income households, often owners of single-family homes. Further diffusion of clean energy technologies in buildings depends on addressing additional market segments, such as tenants who represent a large part of the population. We conducted a choice experiment with N = 1′005 Swiss tenants to investigate their preference for clean energy features when choosing an apartment. Inspired by the Theory-of-Planned-Behaviour, we tested the influence of Perceived Behavioral Control and Social Norms on respondents' preferences. We find that tenants express a positive willingness-to-pay for well-insulated apartments, and strongly prefer heat pumps over fossil heating. Furthermore, adding rooftop solar PV increases tenants' likelihood to choose an apartment, while an EV-charging-station is only preferred in combination with solar PV. 55.7% of tenants would also be willing to co-invest in rooftop PV. Our findings have important policy implications: Active involvement of tenants could be a key element of a just energy transition and opens opportunities for innovative business models.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"198 ","pages":"Article 114472"},"PeriodicalIF":9.3,"publicationDate":"2024-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143099533","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}
Energy PolicyPub Date : 2024-12-24DOI: 10.1016/j.enpol.2024.114479
Mahelet G. Fikru
{"title":"Policy preference for a net zero carbon economy: Results from a US national survey","authors":"Mahelet G. Fikru","doi":"10.1016/j.enpol.2024.114479","DOIUrl":"10.1016/j.enpol.2024.114479","url":null,"abstract":"<div><div>Understanding public preference is a key ingredient in the sustainable design and implementation of climate change policies. Through a nationally representative survey based in the US, this study examines the likelihood of public support for four policy options: using carbon capture and storage (CCS) subsidies, using private funds for CCS, requiring emissions reduction, and using carbon penalties. Out of 1850 survey respondents, 47% prefer reducing carbon generation, 19% favor a CCS subsidy, 17% private-led CCS, and the rest 17% prefer penalizing emissions. Regression results show that: (1) Individuals who believe CCS can address climate change are likely to favor policies that incorporate CCS technology either via subsidies or private funds, (2) Individuals who believe CCS poses a danger to the community and those who mistrust the safe operation of CCS by the private sector are likely to favor a non-CCS policy option of achieving climate change by limiting emissions, (3) Individuals that mistrust the private sector's safe operation of CCS are also likely to favor penalizing emissions and oppose a private-led CCS, (4) Individuals who believe the government will adequately regulate CCS are likely to support policies that promote CCS via government subsidies and not private means, and (5) Individual traits and demography characters influence climate policy preference. The study provides insights for designing and implementing climate policies that either incorporate or exclude the use of CCS technology in achieving net zero emission goals.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"198 ","pages":"Article 114479"},"PeriodicalIF":9.3,"publicationDate":"2024-12-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143099656","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}
Energy PolicyPub Date : 2024-12-20DOI: 10.1016/j.enpol.2024.114474
Lexuan Ma, He Yang, Tan Li
{"title":"Crossing the river by feeling the stones: Leveraging livelihood capital and cooperation to boost farmers’ engagement in carbon markets","authors":"Lexuan Ma, He Yang, Tan Li","doi":"10.1016/j.enpol.2024.114474","DOIUrl":"10.1016/j.enpol.2024.114474","url":null,"abstract":"<div><div>Effective environmental protection demands innovative incentive mechanisms and robust governance of complex systems. Carbon sink trading emerges as a promising solution to mitigate global climate change while enhancing rural incomes. However, farmers' participation in such initiatives remains suboptimal, partly due to the limited integration of socio-demographic factors into traditional economic analyses. This study introduces the Knowledge-Attitude-Practice (KAP) framework into the domain of farmer behavior research. By extending the KAP framework to include livelihood capital, this research examines farmers' willingness to participate in carbon sink trading across Xuancheng, Sanming, and Huzhou cities. Structured interviews with 657 farmers were analyzed using partial least squares structural equation modeling (PLS-SEM) to assess the influence of livelihood capital—human, social, natural, financial, and physical—on farmers' knowledge, attitudes, and willingness to participate in carbon sink trading. Additionally, partial least squares multiple-group analysis (PLS-MGA) was employed to evaluate the regulatory role of cooperative membership in these relationships. The findings demonstrate that livelihood capital significantly shapes farmers’ knowledge and attitudes toward forestry carbon sink projects, which in turn positively influence their willingness to participate. Village characteristics, age, and political engagement also emerge as critical determinants. Notably, cooperative membership amplifies the positive impacts of livelihood capital and carbon sink awareness on participation. The study underscores the need for policies that enhance livelihood capital, raise awareness of carbon sink trading, and foster cooperative development, thereby advancing sustainable environmental conservation and optimizing forest land value.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"198 ","pages":"Article 114474"},"PeriodicalIF":9.3,"publicationDate":"2024-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143099531","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}
Energy PolicyPub Date : 2024-12-19DOI: 10.1016/j.enpol.2024.114449
Joel Mugyenyi , Bob Muhwezi , Simone Fobi , Civian Massa , Jay Taneja , Nathaniel J. Williams , Vijay Modi
{"title":"Post-connection electricity demand and pricing in newly electrified households: Insights from a large-scale dataset in Rwanda","authors":"Joel Mugyenyi , Bob Muhwezi , Simone Fobi , Civian Massa , Jay Taneja , Nathaniel J. Williams , Vijay Modi","doi":"10.1016/j.enpol.2024.114449","DOIUrl":"10.1016/j.enpol.2024.114449","url":null,"abstract":"<div><div>Recent electrification efforts in Africa have expanded household connections, but understanding of post-connection electricity consumption and affordability challenges remains limited. This study examines consumption patterns and price elasticity among newly connected households in Rwanda, utilizing consumption and billing data from the national utility. Using both descriptive and econometric analyses, we assess trends in electricity usage and estimate price elasticity specifically for low-consumption customers. Our findings show that newly connected households, particularly in rural areas, consume substantially less electricity than longer-standing, primarily urban customers. Furthermore, with each new year, the most recently connected use even less electricity than those connected in previous years. We observe that demand growth remains stagnant, with overall increases in demand driven by new connections rather than increased consumption among existing customers. Among low-consumption households, price is inelastic, suggesting limited capacity to stimulate demand growth solely through reduced tariffs. These results underscore the limitations of tariff policies in driving electricity consumption growth and emphasize the need for targeted interventions to enhance usage, especially for economically disadvantaged households. Our study offers insights applicable to other low-income countries undergoing similar electrification initiatives, providing valuable evidence for policymakers seeking to expand access to affordable electricity and promote sustainable demand growth.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"198 ","pages":"Article 114449"},"PeriodicalIF":9.3,"publicationDate":"2024-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143099532","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}
Energy PolicyPub Date : 2024-12-19DOI: 10.1016/j.enpol.2024.114447
Siyu Feng , Itziar Lazkano
{"title":"Energy storage and clean energy transitions","authors":"Siyu Feng , Itziar Lazkano","doi":"10.1016/j.enpol.2024.114447","DOIUrl":"10.1016/j.enpol.2024.114447","url":null,"abstract":"<div><div>The development of energy storage technologies creates opportunities for clean energy transitions in the transportation and electricity sectors. These technologies receive public and private support, yet their effective deployment faces various challenges that can potentially hinder climate goals, particularly in the electricity sector. We examine economic and technical challenges within a well-known induced innovation model where we introduce a new energy storage subsidy. At current levels of substitution between clean and conventional technologies, our results highlight the importance of temporarily subsidizing storage technologies to ease the substitution between clean and conventional technologies. Our discussion aims at improving the understanding of energy storage deployment that has the potential to accelerate clean energy transitions.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"198 ","pages":"Article 114447"},"PeriodicalIF":9.3,"publicationDate":"2024-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143099628","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}
Energy PolicyPub Date : 2024-12-18DOI: 10.1016/j.enpol.2024.114470
Qinqin Xia
{"title":"Market perspective on climate actions and clean energy transition","authors":"Qinqin Xia","doi":"10.1016/j.enpol.2024.114470","DOIUrl":"10.1016/j.enpol.2024.114470","url":null,"abstract":"<div><div>This paper investigates the impact of climate actions on the clean energy transition by studying information linkages between clean energy and fossil fuels from the broad market’s perspective. Utilizing a rational expectations framework, the study examines ex-ante volatility correlations between clean energy, fossil fuels and the broad market as indicators of market linkages. The findings reveal robust information linkages between these markets, highlighting significant shifts in response to global climate policies. Notably, the linkage between clean energy and the broader market decreased by 27% following the Copenhagen Summit in 2009 and increased by 20% after the Paris Agreement’s ratification in 2016. These dynamics underscore the influence of global climate actions on energy market behaviors. The study provides valuable insights into the interconnected nature of energy sectors, emphasizing the role of policy in shaping market responses and the broader energy transition. These findings offer critical implications for investors, policymakers, and stakeholders engaged in navigating the complexities of sustainable energy investments and policymaking.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"198 ","pages":"Article 114470"},"PeriodicalIF":9.3,"publicationDate":"2024-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143099636","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}