Renewable and Sustainable Energy Reviews最新文献_第3页

Review on enhancing solar photocatalysis for sustainable degradation of invisible environmental pollutants

IF 16.3 1区工程技术

Renewable and Sustainable Energy Reviews Pub Date : 2025-02-25 DOI: 10.1016/j.rser.2025.115490

C. Ashina , N. Pugazhenthiran , R.V. Mangalaraja , P. Sathishkumar

{"title":"Review on enhancing solar photocatalysis for sustainable degradation of invisible environmental pollutants","authors":"C. Ashina , N. Pugazhenthiran , R.V. Mangalaraja , P. Sathishkumar","doi":"10.1016/j.rser.2025.115490","DOIUrl":"10.1016/j.rser.2025.115490","url":null,"abstract":"<div><div>Escalating environmental concerns stemming from industrialization and societal development have placed the global ecosystem at increased risk. The influx of organic pollutants into our environment has led to severe consequences with toxic chemicals and emerging contaminants including pharmaceuticals, agrochemicals, polyfluoroalkyls and microplastics, which are becoming pervasive in aquatic ecosystems. These pollutants pose grave threats to both human and animal health, contributing to diseases, genetic abnormalities and ecological imbalances, such as oxygen depletion, biodiversity loss, fish hypoxia and coral reef damage. The pressing need for robust water decontamination solutions has spurred extensive research into various approaches to tackle this multifaceted problem. Among these, photocatalysis has emerged as a promising candidate for environmental purification and energy conversion. To overcome the challenges associated with photocatalysis, investigators have turned to surface modification techniques to enhance the photocatalytic activity of materials. This review, spanning the last decade (2010–2024), critically examines the advances in photocatalytic wastewater treatment, focusing on strategies to enhance visible light utilization for removal of invisible aquatic environmental pollutants. The comprehensive analysis encompasses the degradation of various pollutants including pharmaceuticals, agrochemicals, and emerging contaminants. Notably, the review presents an extensive tabulation of over 164 pharmaceutical compounds and the corresponding photocatalysts used for their degradation. The review highlights substantial progress in pharmaceutical, agrochemical, paper and pulp, dairy and endocrine disruptors degradation efficiency, catalyst stability, and visible light harvesting capacity from 2010 to 2024.</div></div>","PeriodicalId":418,"journal":{"name":"Renewable and Sustainable Energy Reviews","volume":"214 ","pages":"Article 115490"},"PeriodicalIF":16.3,"publicationDate":"2025-02-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143480448","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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

EcoStrategic index: Economic value creation through product portfolio diversity for waste-to-x technologies

IF 16.3 1区工程技术

Renewable and Sustainable Energy Reviews Pub Date : 2025-02-25 DOI: 10.1016/j.rser.2025.115507

Zahir Barahmand, Marianne Eikeland

{"title":"EcoStrategic index: Economic value creation through product portfolio diversity for waste-to-x technologies","authors":"Zahir Barahmand, Marianne Eikeland","doi":"10.1016/j.rser.2025.115507","DOIUrl":"10.1016/j.rser.2025.115507","url":null,"abstract":"<div><div>Sustainable decision-making for waste-to-X technologies presents a challenge, encompassing numerous alternatives across the entire supply chain, from biomass selection to diverse product portfolios. Each decision affects sustainability assessments, which span environmental, economic, social, technological, and circularity aspects. Addressing a gap in aligning product portfolio management with circular economy principles, this study introduces the EcoStrategic Index, a composite metric to quantify economic values within potential product portfolios. As part of a broader framework, the EcoStrategic Index integrates seamlessly with other dimensions to support strategic decision-making. Employing the value pyramid of bio-products concept, this study establishes a benchmark classification of chemicals with expert-informed values. Empirical validation was performed through a comparative case study of gasification and pyrolysis technologies, with catalogued product portfolios of approximately 300 and 1000 entries, respectively. Results show that over 50 % of both portfolios consist of functionalized hydrocarbons, with pyrolysis yielding a greater share of fine chemicals (28 %) compared to gasification (1 %), while gasification produces a larger share of inorganic salts and fertilizers (7 %). EcoStrategic Indices indicate that pyrolysis scores equal to or higher than gasification across all five sub-indices in multiple scenarios. To demonstrate its integrability, the TechnoStraegic Index was introduced, adding technology readiness level concept to form a cross-dimensional index reflecting economic value creation and technological maturity. The results show that while pyrolysis exhibits stronger potential for economic value, gasification often outperforms in cross-dimensional evaluations due to considerable higher technological maturity. This framework offers a cost-effective tool for guiding technology selection and strategic planning toward sustainable goals.</div></div>","PeriodicalId":418,"journal":{"name":"Renewable and Sustainable Energy Reviews","volume":"214 ","pages":"Article 115507"},"PeriodicalIF":16.3,"publicationDate":"2025-02-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143487128","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Geoeconomics of the transition to net-zero energy and industrial systems: A framework for analysis

IF 16.3 1区工程技术

Renewable and Sustainable Energy Reviews Pub Date : 2025-02-25 DOI: 10.1016/j.rser.2025.115492

R. Quitzow , Y. Zabanova

{"title":"Geoeconomics of the transition to net-zero energy and industrial systems: A framework for analysis","authors":"R. Quitzow , Y. Zabanova","doi":"10.1016/j.rser.2025.115492","DOIUrl":"10.1016/j.rser.2025.115492","url":null,"abstract":"<div><div>The unfolding transition to net-zero energy and industrial systems has a major impact on global value chains, the geoeconomic strategies of key players, and rules of engagement in the global economy. This research develops a novel conceptual framework for analyzing the geoeconomics of energy and industrial transformation, while delimiting it from geopolitics. The framework has three basic dimensions: a) resources, technology, and data; b) markets and networks; and c) rules of international economic interaction, which are negotiated by powerful players in the world economy. The discussion emphasizes the dual nature of the geoeconomics of energy and industrial transformation as a balancing act between securing autonomy and projecting geoeconomic influence. This sets it apart and makes it incompatible with more overt forms of geopolitical confrontation as witnessed between NATO countries and Russia. A transition to net-zero energy and industrial systems, the analysis concludes, hinges on the cooperation among countries and economic blocs. Managing this dilemma – competing to build an advantageous geoeconomic position while cooperating to ensure the broad participation of actors around the world – lies at the center of the geoeconomics of the transition to net-zero and is indispensable for advancing the United Nations’ Sustainable Development Goal 7 (affordable and clean energy) and Sustainable Development Goal 13 (climate action) in ways that benefit a wider range of countries and not merely the most industrialized nations.</div></div>","PeriodicalId":418,"journal":{"name":"Renewable and Sustainable Energy Reviews","volume":"214 ","pages":"Article 115492"},"PeriodicalIF":16.3,"publicationDate":"2025-02-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143480446","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Unveiling the nexus of institutional quality and renewable energy utilizing a Topic Modelling approach

IF 16.3 1区工程技术

Renewable and Sustainable Energy Reviews Pub Date : 2025-02-23 DOI: 10.1016/j.rser.2025.115516

Patrizio Giganti , Cristian Barra , Pasquale Marcello Falcone

{"title":"Unveiling the nexus of institutional quality and renewable energy utilizing a Topic Modelling approach","authors":"Patrizio Giganti , Cristian Barra , Pasquale Marcello Falcone","doi":"10.1016/j.rser.2025.115516","DOIUrl":"10.1016/j.rser.2025.115516","url":null,"abstract":"<div><div>This paper explores the complex relationship between institutional quality and renewable energy adoption within the context of global efforts to mitigate environmental challenges and reduce dependence on non-renewable energy sources. Despite the essential role of institutions in facilitating the transition to renewable energy, systematic research on this relationship remains scarce. This study addresses this gap by being the first to apply Topic Modelling (Latent Dirichlet Allocation – LDA) to systematically analyze the literature, offering a data-driven alternative to conventional reviews and minimizing subjective bias.</div><div>We hypothesize that the interaction between institutional quality and renewable energy is multifaceted, with key areas influencing each other in an interconnected manner. To test this, we apply LDA to analyze 570 academic documents published from 1998 to 2024. The analysis identifies five prominent topics: Investments (17.2 %), Emissions (22.3 %), Finance (17.3 %), Environment (20.2 %), and Economic growth (23 %). Most documents exhibit a maximum probability of belonging to a topic within 25 %–35 %, with some reaching 40 %–50 %. Although a moderate negative correlation is observed between topics, overlapping themes and interconnections are discovered.</div><div>By leveraging LDA, this study systematically categorizes and analyzes research trends, offering an objective and scalable method to uncover latent themes in the discourse on institutional quality and renewable energy. By exploring these interrelationships, this study offers valuable insights for future research and policy development, providing a robust foundation for advancing global sustainable energy transition.</div></div>","PeriodicalId":418,"journal":{"name":"Renewable and Sustainable Energy Reviews","volume":"214 ","pages":"Article 115516"},"PeriodicalIF":16.3,"publicationDate":"2025-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143471155","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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

Conceptual study—Artificial intelligence-integrated blockchain micromarkets for sustainable energy

IF 16.3 1区工程技术

Renewable and Sustainable Energy Reviews Pub Date : 2025-02-22 DOI: 10.1016/j.rser.2025.115482

Vipina Valsan , Naga Sushanth Kumar Vuppala , Sri Sai Harshith Koganti , Likhit Sai Eswar Kalla , Kumar Aditya Pappala , Kanakasabapathy P. , Maneesha V. Ramesh

{"title":"Conceptual study—Artificial intelligence-integrated blockchain micromarkets for sustainable energy","authors":"Vipina Valsan , Naga Sushanth Kumar Vuppala , Sri Sai Harshith Koganti , Likhit Sai Eswar Kalla , Kumar Aditya Pappala , Kanakasabapathy P. , Maneesha V. Ramesh","doi":"10.1016/j.rser.2025.115482","DOIUrl":"10.1016/j.rser.2025.115482","url":null,"abstract":"<div><div>Since the dawn of this decade, India has reported enviable accomplishments in the electrification of its rural population. However, the contribution of renewable energy to the nation’s massive rural infrastructure is modest. A web survey of artificial intelligence (AI)-enabled smart contracts with green technologies , has shown that blockchain-based micromarket energy trading has not been fully harnessed. Ongoing studies in a village in India, have shown that the a novel Artificial Intelligence Integrated blockchain-based Micromarket for Integrated Community Energy Trading (AII-MICET) platform has a strong potential to maximize economic benefits, with minimal wastage of locally sourced distributed energy resources, by providing reliable, affordable green energy (Sustainable Development Goals # 7, 9, 11, and 13). The conceptual blockchain AII-MICET model, unified with artificial intelligence, affords dynamic pricing and smart contracts, to fulfill proliferating energy demands. The first phase of an experiential learning program has showed significant drops in grid purchases, from 15,485 kWh/year(14.4% of the community energy consumption from grid to 13,030 kWh/year (9.6%), with minimal wastage of renewable energy (PV solar and hydropower). Maneuvering the adversities of regulatory barriers, startup capital, and limited local technical expertise, the AII-MICET framework is planned to be validated through a human-centric design strategy of the Live-in-Labs® program. The proposed scheme incorporates adaptive trading mechanisms and utility grids integrated with renewable energy.</div></div>","PeriodicalId":418,"journal":{"name":"Renewable and Sustainable Energy Reviews","volume":"214 ","pages":"Article 115482"},"PeriodicalIF":16.3,"publicationDate":"2025-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143465101","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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

A comprehensive review of hydrogen safety through a metadata analysis framework

IF 16.3 1区工程技术

Renewable and Sustainable Energy Reviews Pub Date : 2025-02-22 DOI: 10.1016/j.rser.2025.115509

Laveet Kumar, Ahmad K. Sleiti

{"title":"A comprehensive review of hydrogen safety through a metadata analysis framework","authors":"Laveet Kumar, Ahmad K. Sleiti","doi":"10.1016/j.rser.2025.115509","DOIUrl":"10.1016/j.rser.2025.115509","url":null,"abstract":"<div><div>Hydrogen is widely recognized as a promising clean energy carrier, but its highly flammable and explosive nature presents significant safety challenges in its production, storage, transportation, and usage. Addressing these challenges is critical for the successful integration of hydrogen into global energy systems, aligning with the United Nations' sustainable development goals, to support the transition to a low-carbon future. This study aims to provide a comprehensive review of hydrogen safety through a metadata analysis framework, focusing on risks, challenges, mitigation strategies, and regulations for safe handling. Previous reviews have largely addressed general hydrogen safety concerns, but none have systematically evaluated the issue from a data-driven perspective. This review fills that gap by analyzing research trends, root causes of hydrogen's unsafe handling such as its low molecular density, broad flammability range, and high permeability, and exploring solutions such as chemical additives and gaseous inhibitors to improve safety. Utilizing bibliometric techniques and scientific mapping tools, this study synthesizes extensive research spanning from 2000 to 2024, visualizing the evolution of hydrogen safety research and identifying critical areas for future inquiry. The findings contribute valuable insights into the safe deployment of hydrogen technologies, offering recommendations for future research and regulatory advancements to mitigate risks and ensure hydrogen's role in a sustainable energy future.</div></div>","PeriodicalId":418,"journal":{"name":"Renewable and Sustainable Energy Reviews","volume":"214 ","pages":"Article 115509"},"PeriodicalIF":16.3,"publicationDate":"2025-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143465100","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Sector-specific strategies to increase green hydrogen adoption

IF 16.3 1区工程技术

Renewable and Sustainable Energy Reviews Pub Date : 2025-02-22 DOI: 10.1016/j.rser.2025.115491

Rui Shan , Noah Kittner

{"title":"Sector-specific strategies to increase green hydrogen adoption","authors":"Rui Shan , Noah Kittner","doi":"10.1016/j.rser.2025.115491","DOIUrl":"10.1016/j.rser.2025.115491","url":null,"abstract":"<div><div>Clean hydrogen may be vital for decarbonization as it could represent a low-carbon fuel substitute for hard-to-decarbonize sectors. Yet the prohibitively high upfront cost of green hydrogen hampers widespread adoption. To address this, the U.S. government offers up to $3/kg for clean hydrogen production through the Inflation Reduction Act. The tax credits provide direct subsidies designed to make green hydrogen more cost-competitive than gas alternatives from the supplier's perspective, missing the consumer perspective. Using California as a case study, we assess whether alternative tax credit designs incorporating the willingness-to-pay for specific hydrogen end use sectors leads to more cost-effective decarbonization outcomes, by first simulating the hydrogen cost and then the resulting hydrogen consumption under different policy scenarios. In this study, we find existing tax credit designs can successfully lead to economically viable green hydrogen utilization, displacing grey hydrogen and natural gas, but sustaining green hydrogen consumption beyond 2032 may require extending the duration of IRA tax credits or alternative policy support beyond 2032. We find an alternative tax credit allocation method that prioritizes specific demand sectors based on their willingness-to-pay could increase green hydrogen adoption (kg) by 4.6 %, while reducing 7.3 % more GHG emissions at nearly half (49.8 %) the cost to the public.</div></div>","PeriodicalId":418,"journal":{"name":"Renewable and Sustainable Energy Reviews","volume":"214 ","pages":"Article 115491"},"PeriodicalIF":16.3,"publicationDate":"2025-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143465102","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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 role of carbon dioxide in enhancing geothermal energy: A review of current developments and future potential

IF 16.3 1区工程技术

Renewable and Sustainable Energy Reviews Pub Date : 2025-02-21 DOI: 10.1016/j.rser.2025.115525

S. Ida Evangeline , S. Darwin

{"title":"The role of carbon dioxide in enhancing geothermal energy: A review of current developments and future potential","authors":"S. Ida Evangeline , S. Darwin","doi":"10.1016/j.rser.2025.115525","DOIUrl":"10.1016/j.rser.2025.115525","url":null,"abstract":"<div><div>This paper explores the potential of carbon dioxide as a working fluid in geothermal systems, emphasizing its dual role in enhancing energy efficiency and contributing to carbon sequestration. Carbon dioxide -based geothermal systems offer a promising approach to sustainable energy production by combining clean energy generation with environmental benefits. Recent advancements, such as carbon dioxide foam-based stimulation and the integration of enhanced geothermal systems with carbon capture and storage technologies, are reviewed. Field trials, including the GreenLoop™ technology and the Øygarden carbon dioxide storage project, demonstrate significant operational efficiencies. For instance, thermal power extraction in GreenLoop™ systems using supercritical carbon dioxide reached 5 MWth, with minimal surface infrastructure requirements. Additionally, carbon dioxide storage projects like Carbfix have achieved over 95 % mineralization of injected carbon dioxide within two years, highlighting the rapid and permanent storage capabilities. The review identifies key technical challenges, including carbon dioxide leakage prevention, foam stability under high-pressure conditions, and system scalability. Emerging research areas, such as microbial interactions in carbon dioxide sequestration and advanced simulation models, are pivotal for optimizing system performance. Furthermore, geothermal potential in regions like Reykjanes, Iceland, with temperatures exceeding 500 °C at depths of 4500 m, showcases the feasibility of carbon dioxide -based systems in high-temperature environments. This study concludes that carbon dioxide -based geothermal technologies have the potential to significantly advance renewable energy production while mitigating global greenhouse gas emissions. Long-term monitoring, innovative system designs, and collaborative efforts are essential to overcoming current barriers and scaling these technologies for commercial deployment.</div></div>","PeriodicalId":418,"journal":{"name":"Renewable and Sustainable Energy Reviews","volume":"214 ","pages":"Article 115525"},"PeriodicalIF":16.3,"publicationDate":"2025-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143465219","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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

Advancing soil microbial fuel cells: Exploring bioelectrogenesis mechanisms for integration into environmental bioremediation

IF 16.3 1区工程技术

Renewable and Sustainable Energy Reviews Pub Date : 2025-02-21 DOI: 10.1016/j.rser.2025.115495

Qudsia Aftab , Xiaoyang Wang , Jinfeng Lu , Maryam Tariq , Yuexian Liu

{"title":"Advancing soil microbial fuel cells: Exploring bioelectrogenesis mechanisms for integration into environmental bioremediation","authors":"Qudsia Aftab , Xiaoyang Wang , Jinfeng Lu , Maryam Tariq , Yuexian Liu","doi":"10.1016/j.rser.2025.115495","DOIUrl":"10.1016/j.rser.2025.115495","url":null,"abstract":"<div><div>Soil microbial fuel cells (SMFCs) represent a promising technology that integrates bioremediation and bioelectrogenesis, allowing for the simultaneous generation of renewable energy and the remediation of contaminated soil. This approach capitalizes on the unique capabilities of electroactive bacteria (EABs) to mediate electron transfer from organic pollutants to anode within the soil environments. Despite advancements, critical knowledge gaps persist regarding the intricate dynamics of electroactive microbial communities and the optimization of SMFC systems for practical implementation. This review delves into the intricate mechanism of intra-microbial interactions and extracellular electron transfer processes within SMFCs. It provides a comprehensive overview of the dominant microbial communities, key factors influencing biofilm formation, and strategies for enhancing microbial interactions and system efficiency. Key findings indicate that maintaining a neutral to slightly alkaline pH, operating temperatures of 20–45 °C, and horizontally positioned electrodes foster optimal microbial activity and interactions. The integration of stainless-steel mesh with carbon-based anodes has demonstrated significant improvements in power generation, attributed to enhanced conductivity, large surface area, and resistance to corrosion. Furthermore, this review identifies key challenges in SMFC technology, such as microbial stability, electrode fouling, and long-term operational performance, and provides insights into overcoming these limitations. By addressing these constraints and refining system parameters, SMFCs hold immense potential as sustainable solutions for soil pollution remediation and renewable energy production. This review underscores the transformative role of SMFCs in advancing eco-friendly energy technologies and environmental restoration strategies.</div></div>","PeriodicalId":418,"journal":{"name":"Renewable and Sustainable Energy Reviews","volume":"214 ","pages":"Article 115495"},"PeriodicalIF":16.3,"publicationDate":"2025-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143454101","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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

Research on the spillover effect among China's domestic carbon emission trading markets

IF 16.3 1区工程技术

Renewable and Sustainable Energy Reviews Pub Date : 2025-02-21 DOI: 10.1016/j.rser.2025.115506

Ying Shen , Yanfen Liang , Mei Yang

{"title":"Research on the spillover effect among China's domestic carbon emission trading markets","authors":"Ying Shen , Yanfen Liang , Mei Yang","doi":"10.1016/j.rser.2025.115506","DOIUrl":"10.1016/j.rser.2025.115506","url":null,"abstract":"<div><div>China currently has a coexisting but unstable state of a national and multiple local carbon markets. As the national market expands, business may shift from locals to the national one, intensifying local markets' competition. Analyzing spillovers among carbon markets aids in understanding interactions and assessing importance, facilitating a streamlined, clearly positioned carbon market system. This study employ daily frequency data spanning from the establishment dates to August 2023 of seven carbon emission trading markets, calculates the spillover effects of carbon price return with the time-varying parameter vector autoregression spillover index model. The main conclusions are as follows: (i) The carbon price spillover effect among China's carbon emission trading markets exhibits asymmetric characteristics. Among the sampled carbon emission trading markets, Shenzhen and Hubei lead with high spillovers, influencing others. Shanghai and Beijing mainly receive spillovers, acting as price acceptors. (ii) Domestic carbon markets' price spillovers vary over time, with Guangdong and Hubei consistently showing strong correlations. (iii) New carbon market launches trigger jumps in spillover indices, which gradually stabilize to minor fluctuations.</div></div>","PeriodicalId":418,"journal":{"name":"Renewable and Sustainable Energy Reviews","volume":"214 ","pages":"Article 115506"},"PeriodicalIF":16.3,"publicationDate":"2025-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143454102","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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