scholarly journals The impact of renewable energy use on firm profit

2020 ◽  
Vol 92 ◽  
pp. 104957
Author(s):  
Daan Hulshof ◽  
Machiel Mulder
Energies ◽  
2020 ◽  
Vol 13 (13) ◽  
pp. 3455
Author(s):  
Jean-Michel Clairand ◽  
Carlos Álvarez-Bel ◽  
Javier Rodríguez-García ◽  
Guillermo Escrivá-Escrivá

Isolated microgrids, such as islands, rely on fossil fuels for electricity generation and include vehicle fleets, which poses significant environmental challenges. To address this, distributed energy resources based on renewable energy and electric vehicles (EVs) have been deployed in several places. However, they present operational and planning concerns. Hence, the aim of this paper is to propose a two-level microgrid problem. The first problem considers an EV charging strategy that minimizes charging costs and maximizes the renewable energy use. The second level evaluates the impact of this charging strategy on the power generation planning of Santa Cruz Island, Galapagos, Ecuador. This planning model is simulated in HOMER Energy. The results demonstrate the economic and environmental benefits of investing in additional photovoltaic (PV) generation and in the EV charging strategy. Investing in PV and smart charging for EVs could reduce the N P C by 13.58%, but a reduction in the N P C of the EV charging strategy would result in up to 3.12%.


2021 ◽  
Author(s):  
Bosede Ngozi ADELEYE ◽  
Aviral Kumar Tiwari ◽  
Muhammed Ibrahim SHAH ◽  
Saif Ullah

Abstract The concentration of greenhouse gas emissions is considered to increase, and this can undermine the access to basic resources that are necessary for leading a healthy life such as access to food, water, health and environment. Environmental health is closely linked to human health and the world is witnessing an exponential increase in the trend of the greenhouse gas emissions which pose significant threat to both the environment and human health. Hence, this study contributes to the health-environment discourse and uses an unbalanced panel data on 46 European countries from 2005 to 2015 to investigate the impact of carbon emissions and non-renewable energy on infant and under-5 mortality rates. Consistent findings from static and dynamic analyses reveal that: (1) carbon emissions exhibit mortality-inducing properties; (2) non-renewable energy show mortality-reducing properties; (3) persistency in mortality rates exist; (4) the exacerbating (reducing) impact of emissions (non-renewable energy) dwindles (increases in absolute values) at higher distributions of mortality rates; and (5) Euro Union countries show lower mortality rates relative to non-Euro Union members. Policy recommendations are discussed.JEL Classification: I00, I10, I15, I18, I19


2020 ◽  
Vol 6 (3) ◽  
pp. 661-674
Author(s):  
Noreen Safdar ◽  
Hala Asif ◽  
Fatima Farooq

This study finds the impact of coal energy (a kind of non-renewable energy), renewable energy, Greenhouse gases, industrialization, population growth and environmental degradation and on the health of human beings, with the key emphasis on Tuberculosis incidence in Pakistan for the time span 1986 to 2017. For a deep practical insight, the study develops a system Auto-Regressive Distributed Lag (ARDL) model. The results report that with an increase in the usage of coal energy, the incidence of Tuberculosis also increases. In addition, the results also highlight that by turning to the renewable energy (energy by sun, wind and air) the health could be improved as the renewable energy is environment friendly and it does not generate greenhouse gases and it also does not cause environmental degradation. So, renewable energy serves as helping factor to reduce the occurrence of Tuberculosis in Pakistan. Moreover, the renewable energy is serving to lessen the greenhouse gas emission and it also serves to lessen the environmental degradation in Pakistan. On the contrast, the coal energy is causing environmental degradation by increasing the amount of Greenhouse gas emissions in the atmosphere which in turn causes Tuberculosis in Islamic Republic of Pakistan.


2014 ◽  
Vol 962-965 ◽  
pp. 1757-1761
Author(s):  
Jie Zhao ◽  
Can Wang ◽  
Min Hua Ye

Ultra-high voltage (UHV) inter-regional power transmissions not only can upgrade the optimal allocation ability of electricity energy in a wider range, but also can link the renewable energy power plant center and electricity load center. We use a bottom-up optimization model based on six regional power grids to simulate the impact of inter-regional transmission on energy structure in china’s power sector. The result shows that it maybe not has the positive effect as we had expected, the main consequence of the inter-regional power transmission is the thermal power generation migration among different regions, which has no significant effect on promoting renewable energy in the absence of other incentive policies. As a new form of inter-regional energy deployment, UHV inter-regional power transmission will change our future regional energy use, as well as air emissions, greenhouse gas emissions and other development path, so we also put SO2, NOx and CO2 emission control into consideration.


2021 ◽  
Author(s):  
Neşe Algan ◽  
Harun Bal ◽  
Müge Manga

The economic complexity index, which is one of the essential elements of economic development, is a concept that means the competitiveness, development, knowledge, and competence structure of the exported products. The current literature generally stated that the increase in the economic complexity index supports sustainable growth. However, the impact of changes in the economic complexity index on environmental damage is neglected in many studies. Accordingly, in the present study, it is analyzed the impact of the economic complexity index on the environmental degradation for the N-11 countries (Bangladesh, Indonesia, Philippines, South Korea, Iran, Mexico, Egypt, Nigeria, Pakistan, Turkey, and Vietnam) between 1990 and 2014. Carbon emission is used as an indicator of environmental degradation. Besides, the renewable and non-renewable (fossil) energy use and the total population are included to the established model as control variables. According to the panel ARDL/PMG findings, the economic complexity index, non-renewable energy use, and total population increase carbon emissions, whereas the renewable energy use decreases. This situation shows that the economic complexity level in N-11 countries has insufficient level to reduce environmental degradation in given years.


Energies ◽  
2021 ◽  
Vol 14 (15) ◽  
pp. 4419
Author(s):  
Cong Khai Dinh ◽  
Quang Thanh Ngo ◽  
Trung Thanh Nguyen

Sustaining economic growth while reducing dependence on fossil fuels remains a challenge for our world to fight against climate change and therefore finding a way to promote economic growth and increase renewable energy use is needed. This paper uses a 22-year panel dataset (1994–2015) of 9 countries in the Association of Southeast Asian Nations provided by the World Bank World Development Indicators to examine the impact of medium- and high-tech export on renewable energy use. We employ a fixed-effects regression model with the Driscoll–Kraay nonparametric covariance matrix estimator to account for sectoral and temporal dependence. We also control for inflation, employment, population growth, and gross domestic product per capita in our estimations. Our results demonstrate a U-shaped association between medium- and high-tech export and renewable energy consumption of these economies. The results propose that enhancing medium- and high-tech export could be a feasible solution for promoting renewable energy consumption.


2017 ◽  
Vol 12 (3) ◽  
pp. 616-627
Author(s):  
Rocky Marius de Ramos ◽  
Michael Lochinvar S. Abundo ◽  
Evelyn B. Taboada

The life cycle assessment is conducted in order to assess the impact of mangrove woodchip production in Bintuni bay, West Papua Indonesia on the environment. Study includes the analysis of non-renewable energy use (MJ), global warming potential or carbon footprint (kg CO2), acidification potential (kg SO2) and ozone creation potential (kg O3) of mangrove logging, processing and shipment. Mangrove woodchip production consumes 960 MJ of non-renewable energy and gives out 59.59 kg CO2, .383 kg SO2 and 30.39 kg O3, which is the lowest in comparison with other wood products. Mangrove processing incur less fuel because it is delivered in bulk to the processing area via barges in comparison to other wood products The current shipping of mangrove woodchips to customers has the greatest environmental impact because of the use of bunker fuel. The processing of mangrove woodchips used diesel exclusively for fuel in its power sources. Forest residues from logging can be a source of renewable fuel and may also be another source of new products.


2020 ◽  
Vol 66 (No. 5) ◽  
pp. 203-214 ◽  
Author(s):  
Nuno Carlos Leitão ◽  
Jeremiás Máté Balogh

The reductions of climate change and greenhouse gas emissions are an essential objective of the European Union (EU) to achieving the reduction target by 20% by 2020. Along with energy consumption and agriculture, trade has a diverse impact on climate change. International trade usually negatively affects the environment, while the influence of intra-industry trade is more favourable. The paper investigates the impact of energy use, agriculture, and intra-industry trade on environmental pollution in EU countries using panel data for the period 2000–2014. The research frames the theoretical hypothesis that describing the relationship between agricultural intra-industry trade and climate change. The assumptions are confirmed by panel fixed effects, and Generalized Method of Moment (GMM) estimations, and the panel cointegration test. The empirical results have supported by the literature, and all variables used in this study are stationary applying panel unit root test. Results show that agricultural intra-industry trade, renewable energy is negatively correlated with climate change, confirming the less pollutant hypothesis, while economic growth and agricultural productivity induce environmental problems. This study confirms the theoretical hypotheses explaining the effect of intra-industry trade for agricultural products as well as the impacts of renewable energy use, agricultural land productivity, and economic growth on CO2 emissions.


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