Utilities PolicyPub Date : 2024-11-09DOI: 10.1016/j.jup.2024.101853
M. Åhman, M. Arens
{"title":"Are electricity prices and cross-subsidies a barrier to decarbonising India's steel industry?","authors":"M. Åhman, M. Arens","doi":"10.1016/j.jup.2024.101853","DOIUrl":"10.1016/j.jup.2024.101853","url":null,"abstract":"<div><div>The main options for deep decarbonisation of primary steel production are to continue using coal and employ carbon capture and storage (CCS) or to change the production process to direct reduction by utilizing hydrogen produced from renewable energy resources. In India, the world's second-largest steel producer, a shift to renewables is inhibited by the current power market regime, which includes a complex cross-subsidy scheme. We calculate the cost of energy and the amount of cross-subsidies paid by the Indian steel industry, analyse the effects of the cross-subsidies on deep decarbonisation options, and discuss the barriers to their removal.</div></div>","PeriodicalId":23554,"journal":{"name":"Utilities Policy","volume":"91 ","pages":"Article 101853"},"PeriodicalIF":3.8,"publicationDate":"2024-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142656798","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Utilities PolicyPub Date : 2024-11-05DOI: 10.1016/j.jup.2024.101855
B. Pavlović , N. Trtica
{"title":"Projecting short to medium-term effects of carbon emissions trading on Serbia's GDP","authors":"B. Pavlović , N. Trtica","doi":"10.1016/j.jup.2024.101855","DOIUrl":"10.1016/j.jup.2024.101855","url":null,"abstract":"<div><div>This paper presents an approach to assess the short to medium-term effects of the Emissions Trading System (ETS), an economic and climate policy instrument aimed at reducing greenhouse gas emissions, on GDP from the expenditure side. The analysis focuses on Serbia's electricity sector, which relies heavily on lignite-based production dominated by state-owned enterprises. The obtained projections suggest that in the short term, the introduction of an ETS may lead to slower GDP growth compared to official forecasts. However, by 2030, accelerated growth is observed, eventually converging with and even surpassing the projected growth in scenarios characterized by higher investments.</div></div>","PeriodicalId":23554,"journal":{"name":"Utilities Policy","volume":"91 ","pages":"Article 101855"},"PeriodicalIF":3.8,"publicationDate":"2024-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142592551","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Utilities PolicyPub Date : 2024-10-30DOI: 10.1016/j.jup.2024.101850
Husnain Fateh Ahmad , Ayesha Ali , Robyn C. Meeks , Victoria Plutshack , Zhenxuan Wang , Javed Younas
{"title":"Breaking the culture of nonpayment: A qualitative analysis of utility intervention in Pakistan","authors":"Husnain Fateh Ahmad , Ayesha Ali , Robyn C. Meeks , Victoria Plutshack , Zhenxuan Wang , Javed Younas","doi":"10.1016/j.jup.2024.101850","DOIUrl":"10.1016/j.jup.2024.101850","url":null,"abstract":"<div><div>Reliable electricity access is vital to economic growth, though financial challenges can undermine service quality. In Karachi, Pakistan, the local utility intervened to reduce losses and improve bill revenue recovery. The intervention increased budgets to improve infrastructure, provided staff incentives, and expanded customer engagement activities. We employ qualitative techniques to study managers' and customers’ perceptions of the intervention and the mechanisms driving its effects. While managers credit the multi-pronged nature of the intervention for increasing trust and mitigating the effects of the COVID-19 pandemic, customers report no increase in trust and focus primarily on infrastructure improvements.</div></div>","PeriodicalId":23554,"journal":{"name":"Utilities Policy","volume":"91 ","pages":"Article 101850"},"PeriodicalIF":3.8,"publicationDate":"2024-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142552976","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Utilities PolicyPub Date : 2024-10-28DOI: 10.1016/j.jup.2024.101846
Kadoukpè Gildas Magbondé , Barry Reilly , Bridget Kauma
{"title":"The distributional effects of rural electrification on household welfare: Evidence from Senegal","authors":"Kadoukpè Gildas Magbondé , Barry Reilly , Bridget Kauma","doi":"10.1016/j.jup.2024.101846","DOIUrl":"10.1016/j.jup.2024.101846","url":null,"abstract":"<div><div>This study uses a cross-sectional dataset of 3215 rural Senegalese households from the 2018/19 Harmonized Survey on Households Living Standards to assess the distributional household welfare effects of electricity access. The paper conducts separate analyses for both on-grid and off-grid electricity access and uses an array of empirical strategies to compute the relevant effects. We find that household access to grid electricity is associated with increased food and non-food expenditures, while off-grid solar electricity is only associated with increased levels of the latter. In addition, access to grid electricity appears to impact household expenditures more than solar electricity, with the off-grid effect not detected at the top end of the non-food expenditure distribution. In contrast, on-grid electricity has a greater welfare impact on higher-income households. The results further suggest that access to solar electricity can reduce inequality in total non-food household expenditures more than on-grid electricity. The findings encourage consideration of policies designed to extend solar energy to the more remote rural areas to reduce inequality.</div></div>","PeriodicalId":23554,"journal":{"name":"Utilities Policy","volume":"91 ","pages":"Article 101846"},"PeriodicalIF":3.8,"publicationDate":"2024-10-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142529547","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Utilities PolicyPub Date : 2024-10-28DOI: 10.1016/j.jup.2024.101851
Cristobal Bistuer-Talavera , Joan Llobet-Dalmases , Dolors Plana-Erta , Jorge M. Uribe
{"title":"Capital structure decisions in the energy transition: Insights from Spain","authors":"Cristobal Bistuer-Talavera , Joan Llobet-Dalmases , Dolors Plana-Erta , Jorge M. Uribe","doi":"10.1016/j.jup.2024.101851","DOIUrl":"10.1016/j.jup.2024.101851","url":null,"abstract":"<div><div>The renewable energy transition depends heavily on capital structure decisions of energy firms. Most previous research has focused on the decisions of oil companies. This study investigates the financing of new investment in the Spanish renewable energy sector, including decisions about: i) equity versus debt, ii) short versus long-term debt, and iii) equity issuances versus retained earnings for new investment. Our analysis is based on data from over 22,000 energy firms from 2008 to 2021 and shows that these firms prefer debt over equity (more than 90% of changes in assets are financed through increasing debt) and have extended the term of the debt over the period studied (reaching a maximum of almost 73% long-term debt in 2021). The deployment of retained earnings is less usual than raising new equity capital. Our analysis points to a generalized use of project finance to support new investments. Policymakers should focus on increasing financing through equity and thus diversifying the financial risk of the energy transition. In addition, a supportive fiscal policy and a stable regulatory environment are desirable for achieving this goal.</div></div>","PeriodicalId":23554,"journal":{"name":"Utilities Policy","volume":"91 ","pages":"Article 101851"},"PeriodicalIF":3.8,"publicationDate":"2024-10-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142529548","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Utilities PolicyPub Date : 2024-10-19DOI: 10.1016/j.jup.2024.101849
Qi Tian , Tao Zhao , Rong Yuan
{"title":"The nexus of electricity infrastructure investment, household income, and carbon emissions in rural China","authors":"Qi Tian , Tao Zhao , Rong Yuan","doi":"10.1016/j.jup.2024.101849","DOIUrl":"10.1016/j.jup.2024.101849","url":null,"abstract":"<div><div>This study analyzes the nexus of electricity infrastructure investment (EII), rural household income, and household carbon emissions (HCEs) using panel data from China's 30 provinces from 2003 to 2020. Firstly, we consider the impact of EII on the direct HCEs (DHCEs) caused by the direct consumption of fossil fuels and investigate the mediating effect of income level and income variance. The empirical results show that the growth of EII reduces rural DHCEs through the transmission channels of income level, whereas income variance limits the negative relationship between EII and DHCEs. Then, we estimate the emissions embodied in household expenditure on goods and services of different income groups, that is, indirect HCEs (IHCEs), and develop a counterfactual scenario to assess the effects of EII on the total HCEs (the sum of DHCEs and IHCEs) in 2017. The scenario analysis indicates that without increased EII in 2017, the total national HCEs would increase by 0.9%, mainly due to the increased per capita HCEs of low-income groups (+11.6%). Besides, the total HCEs in ten provinces are influenced significantly by the change of income distribution driven by the change of EII, with Guangdong experiencing the largest decrease of HCEs (2.6 Mt) due to the movements of residents from the lower-income group to the lowest-income group. Thus, there is a trade-off between HCE reduction and poverty alleviation when developing EII in rural China.</div></div>","PeriodicalId":23554,"journal":{"name":"Utilities Policy","volume":"91 ","pages":"Article 101849"},"PeriodicalIF":3.8,"publicationDate":"2024-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142529546","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Utilities PolicyPub Date : 2024-10-18DOI: 10.1016/j.jup.2024.101848
Yanbin Li , Chang Liu , Jiani Wang , Yuan Wang , Xiuqi Yang , Yun Li
{"title":"Data fraud in the carbon emissions trading market: A tripartite evolutionary game analysis from China","authors":"Yanbin Li , Chang Liu , Jiani Wang , Yuan Wang , Xiuqi Yang , Yun Li","doi":"10.1016/j.jup.2024.101848","DOIUrl":"10.1016/j.jup.2024.101848","url":null,"abstract":"<div><div>Data fraud affects the carbon emissions trading market order. This paper constructs a tripartite evolutionary game model among environmental authorities, power generation enterprises, and third-party verification agencies; systematically analyzes the evolutionary laws and evolutionary stabilization strategies of the three parties; conducts simulation analysis and parameter impact analysis of four carbon emission accounting scenarios, explores the causes of data fraud and puts forward policy implications. The research can provide the theoretical basis for the Chinese government to improve the carbon emission regulation system and can also be used as a reference for other countries' carbon emission data quality control.</div></div>","PeriodicalId":23554,"journal":{"name":"Utilities Policy","volume":"91 ","pages":"Article 101848"},"PeriodicalIF":3.8,"publicationDate":"2024-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142529118","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Utilities PolicyPub Date : 2024-10-16DOI: 10.1016/j.jup.2024.101845
Bojan Jovanović, Dragana Šarac, Nataša Čačić
{"title":"Performance benchmarking of European postal incumbents with TOPSIS and BMW-TOPSIS","authors":"Bojan Jovanović, Dragana Šarac, Nataša Čačić","doi":"10.1016/j.jup.2024.101845","DOIUrl":"10.1016/j.jup.2024.101845","url":null,"abstract":"<div><div>Given the uncertain position and specific role of postal incumbents in Europe, creating a framework for mutual comparison is essential. In this regard, this study aims to develop a methodology that will compare their relevant performance. On the other hand, management and host countries can be promptly alerted if something hinders postal incumbents from providing optimal performance. Two methods have been applied: the Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) and its variation, Best-Middle-Worst (BMW)-TOPSIS, on a sample of 16 incumbents from the EU and candidate countries. The results indicate that a finer adjustment is achieved in terms of ranking by the BMW-TOPSIS method. An open question regarding the selection of postal incumbents is whether it is necessary to strictly adhere to the rule that the number of their attributes is less than or equal to half of the attributes of the Middle point. The example of Latvia shows that if an alternative contains values from which the Best point is composed, an exception can be made in the selection. The development of the Middle point provides an opportunity for a more in-depth analysis, especially in cases where the values of the criteria differ significantly. Unlike classical TOPSIS, it offers a clearer visualization that supports the understanding of postal incumbents and their performance.</div></div>","PeriodicalId":23554,"journal":{"name":"Utilities Policy","volume":"91 ","pages":"Article 101845"},"PeriodicalIF":3.8,"publicationDate":"2024-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142442114","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Utilities PolicyPub Date : 2024-10-14DOI: 10.1016/j.jup.2024.101844
Benard M. Wabukala , Olvar Bergland , Nicholas Mukisa , Muyiwa S. Adaramola , Susan Watundu , Laura A. Orobia , Nichodemus Rudaheranwa
{"title":"Electricity security in Uganda: Measurement and policy priorities","authors":"Benard M. Wabukala , Olvar Bergland , Nicholas Mukisa , Muyiwa S. Adaramola , Susan Watundu , Laura A. Orobia , Nichodemus Rudaheranwa","doi":"10.1016/j.jup.2024.101844","DOIUrl":"10.1016/j.jup.2024.101844","url":null,"abstract":"<div><div>Reliable, accessible, affordable, and sustainable electricity systems are fundamental to modern and progressive economies. For developing societies, particularly those with fragile power generation capabilities and electricity networks, the electricity security metrics are incomparable and remain untested. A Multi-Criteria Decision-Making (MCDM) method that follows an entropy-based weighting system is employed to quantitatively evaluate and construct an Electricity Security Index (ESI) for Uganda. Results reveal that Uganda is “moderately” electricity secure. Out of the maximum possible score of 100, a year-on-year analysis indicates that the ESI score was highest in 2007 (56) and the lowest was registered in 2015 (39). Based on the VIKOR technique, it is observed that electricity reliability contributes the most to the ESI, while electricity access contributes the least. Although expansion of electricity generation capacity is necessary, energy policies should, in equal measure, prioritize adequate investments in robust and modern transmission and distribution infrastructure. A riveting policy implication is that governance quality enhances a country's electricity system by reinforcing the other dimensions of electricity security.</div></div>","PeriodicalId":23554,"journal":{"name":"Utilities Policy","volume":"91 ","pages":"Article 101844"},"PeriodicalIF":3.8,"publicationDate":"2024-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142432082","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Utilities PolicyPub Date : 2024-10-11DOI: 10.1016/j.jup.2024.101841
Mihaela Simionescu , Javier Cifuentes-Faura
{"title":"The digital economy and energy poverty in Central and Eastern Europe","authors":"Mihaela Simionescu , Javier Cifuentes-Faura","doi":"10.1016/j.jup.2024.101841","DOIUrl":"10.1016/j.jup.2024.101841","url":null,"abstract":"<div><div>Energy policies to address fuel poverty must consider digital transformation, as the entire policy framework needs to be managed as an interconnected system. This analysis explores how internet development and renewable energy consumption affected energy poverty in Central and Eastern European countries. By applying mean group estimators and quantile regression, the study shows that better internet access and foreign direct investment reduce energy poverty, as evidenced by fewer utility bill arrears and more households maintaining warmth. These results highlight the need for a unified policy integrating digital and renewable energy strategies to address energy poverty effectively.</div></div>","PeriodicalId":23554,"journal":{"name":"Utilities Policy","volume":"91 ","pages":"Article 101841"},"PeriodicalIF":3.8,"publicationDate":"2024-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142420168","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}