scholarly journals Toward a just energy transition: A distributional analysis of low-carbon policies in the USA

2021 ◽  
pp. 105769
Author(s):  
Xaquín García-Muros ◽  
Jennifer Morris ◽  
Sergey Paltsev
Keyword(s):  
Energy Transition ◽  
Distributional Analysis ◽  
Low Carbon ◽  
The Usa

scholarly journals Energy Transition Investments and Financing Instruments

Federalism ◽  
2021 ◽  
pp. 100-114
Author(s):  
N. V. Bahtizina ◽  
A. R. Bahtizin
Keyword(s):  
Electric Vehicles ◽  
World Economy ◽  
Energy Transition ◽  
Clean Energy ◽  
Developed Countries ◽  
Low Carbon ◽  
Innovation Fund ◽  
The Usa ◽  
Low Carbon Technologies ◽  
The Eu

International organizations representing the interests of energy-deficient developed countries are urging to solve the problem of global warming through the Energy Transition, which implies decarbonization of the world economy. The implementation of the Energy Transition requires annual investments of 3% of world GDP in energy efficiency, renewable energy, electric vehicles, etc. In 2020, despite the acceleration of dynamics, the volume of world investments was more than 5 times lower than required. The leaders in investments in clean energy are the technologically developed countries of Europe, the USA, Japan, as well as developing countries – China and Brazil, striving for technological independence. In order to expand its presence in the promising market for low carbon technologies, the EU pays special  attention  to  innovations  in  the  field  of  clean  energy,  financing  them  through  the Innovation Fund. To prevent Russia’s technological backwardness and reduce the carbon footprint of export products, it is advisable to envisage the possibility of state support for innovative projects in the field of clean energy from the Climate Fund.

Determinants and barriers of PV self-consumption in Spain from the perception of the installers for the promotion of distributed energy systems

2020 ◽  
pp. 153-169
Author(s):  
José Ángel Gimeno ◽  
Eva Llera Sastresa ◽  
Sabina Scarpellini
Keyword(s):  
European Union ◽  
Energy Transition ◽  
Legal Framework ◽  
Low Carbon ◽  
The European Union ◽  
Distributed Energy ◽  
Sustainable Solutions ◽  
Highly Sensitive ◽  
Transition Scenario

Currently, self-consumption and distributed energy facilities are considered as viable and sustainable solutions in the energy transition scenario within the European Union. In a low carbon society, the exploitation of renewables for self-consumption is closely tied to the energy market at the territorial level, in search of a compromise between competitiveness and the sustainable exploitation of resources. Investments in these facilities are highly sensitive to the existence of favourable conditions at the territorial level, and the energy policies adopted in the European Union have contributed positively to the distributed renewables development and the reduction of their costs in the last decade. However, the number of the installed facilities is uneven in the European Countries and those factors that are more determinant for the investments in self-consumption are still under investigation. In this scenario, this paper presents the main results obtained through the analysis of the determinants in self-consumption investments from a case study in Spain, where the penetration of this type of facilities is being less relevant than in other countries. As a novelty of this study, the main influential drivers and barriers in self-consumption are classified and analysed from the installers' perspective. On the basis of the information obtained from the installers involved in the installation of these facilities, incentives and barriers are analysed within the existing legal framework and the potential specific lines of the promotion for the effective deployment of self-consumption in an energy transition scenario.

scholarly journals Design of a Smart Nanogrid for Increasing Energy Efficiency of Buildings

Energies ◽  
2021 ◽  
Vol 14 (12) ◽  
pp. 3683
Author(s):  
Yerasimos Yerasimou ◽  
Marios Kynigos ◽  
Venizelos Efthymiou ◽  
George E. Georghiou
Keyword(s):  
Storage System ◽  
Energy Transition ◽  
Energy Storage System ◽  
Low Carbon ◽  
Pv System ◽  
Interconnected System ◽  
Low Carbon Economy ◽  
Energy Needs ◽  
Energy Domain ◽  
Battery Energy

Distributed generation (DG) systems are growing in number, diversifying in driving technologies and providing substantial energy quantities in covering the energy needs of the interconnected system in an optimal way. This evolution of technologies is a response to the needs of the energy transition to a low carbon economy. A nanogrid is dependent on local resources through appropriate DG, confined within the boundaries of an energy domain not exceeding 100 kW of power. It can be a single building that is equipped with a local electricity generation to fulfil the building’s load consumption requirements, it is electrically interconnected with the external power system and it can optionally be equipped with a storage system. It is, however, mandatory that a nanogrid is equipped with a controller for optimisation of the production/consumption curves. This study presents design consideretions for nanogrids and the design of a nanogrid system consisting of a 40 kWp photovoltaic (PV) system and a 50 kWh battery energy storage system (BESS) managed via a central converter able to perform demand-side management (DSM). The implementation of the nanogrid aims at reducing the CO2 footprint of the confined domain and increase its self-sufficiency.

scholarly journals Legitimating power: Solar energy rollout, sustainability metrics and transition politics

2021 ◽  
pp. 251484862110249
Author(s):  
Siddharth Sareen
Keyword(s):  
Solar Energy ◽  
Political Ecology ◽  
Global Climate ◽  
Renewable Energy Sources ◽  
Energy Transition ◽  
Analytical Framework ◽  
Solar Irradiation ◽  
Low Carbon ◽  
Sustainability Metrics ◽  
Energy Transitions

Increasing recognition of the irrefutable urgency to address the global climate challenge is driving mitigation efforts to decarbonise. Countries are setting targets, technological innovation is making renewable energy sources competitive and fossil fuel actors are leveraging their incumbent privilege and political reach to modulate energy transitions. As techno-economic competitiveness is rapidly reconfigured in favour of sources such as solar energy, governance puzzles dominate the research frontier. Who makes key decisions about decarbonisation based on what metrics, and how are consequent benefits and burdens allocated? This article takes its point of departure in ambitious sustainability metrics for solar rollout that Portugal embraced in the late 2010s. This southwestern European country leads on hydro and wind power, and recently emerged from austerity politics after the 2008–2015 recession. Despite Europe’s best solar irradiation, its big solar push only kicked off in late 2018. In explaining how this arose and unfolded until mid-2020 and why, the article investigates what key issues ambitious rapid decarbonisation plans must address to enhance social equity. It combines attention to accountability and legitimacy to offer an analytical framework geared at generating actionable knowledge to advance an accountable energy transition. Drawing on empirical study of the contingencies that determine the implementation of sustainability metrics, the article traces how discrete acts legitimate specific trajectories of territorialisation by solar photovoltaics through discursive, bureaucratic, technocratic and financial practices. Combining empirics and perspectives from political ecology and energy geographies, it probes the politics of just energy transitions to more low-carbon and equitable societal futures.

Reinvigorating the role of clean energy transition for achieving a low-carbon economy: evidence from Bangladesh

2021 ◽  
Author(s):  
Muntasir Murshed ◽  
Zahoor Ahmed ◽  
Md Shabbir Alam ◽  
Haider Mahmood ◽  
Abdul Rehman ◽  
...  
Keyword(s):  
Energy Transition ◽  
Clean Energy ◽  
Low Carbon ◽  
Low Carbon Economy ◽  
Carbon Economy

Lessons for low-carbon energy transition: Experience from the Renewable Energy and Energy Efficiency Partnership (REEEP)

2010 ◽  
Vol 14 (2) ◽  
pp. 83-93 ◽  
Author(s):  
Binu Parthan ◽  
Marianne Osterkorn ◽  
Matthew Kennedy ◽  
St. John Hoskyns ◽  
Morgan Bazilian ◽  
...  
Keyword(s):  
Energy Efficiency ◽  
Renewable Energy ◽  
Energy Transition ◽  
Low Carbon ◽  
Transition Experience ◽  
Low Carbon Energy

Primary Energy System Chain Security Under the Energy Transition

2021 ◽  
Author(s):  
Osamah Alsayegh
Keyword(s):  
Electric Vehicles ◽  
Energy Demand ◽  
Oil And Gas ◽  
Supply And Demand ◽  
Energy Transition ◽  
System Security ◽  
Energy System ◽  
Primary Energy ◽  
Low Carbon ◽  
Low Carbon Energy

Abstract This paper examines the energy transition consequences on the oil and gas energy system chain as it propagates from net importing through the transit to the net exporting countries (or regions). The fundamental energy system security concerns of importing, transit, and exporting regions are analyzed under the low carbon energy transition dynamics. The analysis is evidence-based on diversification of energy sources, energy supply and demand evolution, and energy demand management development. The analysis results imply that the energy system is going through technological and logistical reallocation of primary energy. The manifestation of such reallocation includes an increase in electrification, the rise of energy carrier options, and clean technologies. Under healthy and normal global economic growth, the reallocation mentioned above would have a mild effect on curbing the oil and gas primary energy demands growth. A case study concerning electric vehicles, which is part of the energy transition aspect, is presented to assess its impact on the energy system, precisely on the fossil fuel demand. Results show that electric vehicles are indirectly fueled, mainly from fossil-fired power stations through electric grids. Moreover, oil byproducts use in the electric vehicle industry confirms the reallocation of the energy system components' roles. The paper's contribution to the literature is the portrayal of the energy system security state under the low carbon energy transition. The significance of this representation is to shed light on the concerns of the net exporting, transit, and net importing regions under such evolution. Subsequently, it facilitates the development of measures toward mitigating world tensions and conflicts, enhancing the global socio-economic wellbeing, and preventing corruption.

Technology Focus: Offshore Facilities (September 2021)

2021 ◽  
Vol 73 (09) ◽  
pp. 50-50
Author(s):  
Ardian Nengkoda
Keyword(s):  
Oil And Gas ◽  
Energy Transition ◽  
Oil Price ◽  
Low Carbon ◽  
The Past ◽  
Offshore Technology ◽  
Net Zero ◽  
Offshore Oil And Gas ◽  
Offshore Oil ◽  
Low Carbon Energy

For this feature, I have had the pleasure of reviewing 122 papers submitted to SPE in the field of offshore facilities over the past year. Brent crude oil price finally has reached $75/bbl at the time of writing. So far, this oil price is the highest since before the COVID-19 pandemic, which is a good sign that demand is picking up. Oil and gas offshore projects also seem to be picking up; most offshore greenfield projects are dictated by economics and the price of oil. As predicted by some analysts, global oil consumption will continue to increase as the world’s economy recovers from the pandemic. A new trend has arisen, however, where, in addition to traditional economic screening, oil and gas investors look to environment, social, and governance considerations to value the prospects of a project and minimize financial risk from environmental and social issues. The oil price being around $75/bbl has not necessarily led to more-attractive offshore exploration and production (E&P) projects, even though the typical offshore breakeven price is in the range of $40–55/bbl. We must acknowledge the energy transition, while also acknowledging that oil and natural gas will continue to be essential to meeting the world’s energy needs for many years. At least five European oil and gas E&P companies have announced net-zero 2050 ambitions so far. According to Rystad Energy, continuous major investments in E&P still are needed to meet growing global oil and gas demand. For the past 2 years, the global investment in E&P project spending is limited to $200 billion, including offshore, so a situation might arise with reserve replacement becoming challenging while demand accelerates rapidly. Because of well productivity, operability challenges, and uncertainty, however, opening the choke valve or pipeline tap is not as easy as the public thinks, especially on aging facilities. On another note, the technology landscape is moving to emerging areas such as net-zero; decarbonization; carbon capture, use, and storage; renewables; hydrogen; novel geothermal solutions; and a circular carbon economy. Historically, however, the Offshore Technology Conference began proactively discussing renewables technology—such as wave, tidal, ocean thermal, and solar—in 1980. The remaining question, then, is how to balance the lack of capital expenditure spending during the pandemic and, to some extent, what the role of offshore is in the energy transition. Maximizing offshore oil and gas recovery is not enough anymore. In the short term, engaging the low-carbon energy transition as early as possible and leading efforts in decarbonization will become a strategic move. Leveraging our expertise in offshore infrastructure, supply chains, sea transportation, storage, and oil and gas market development to support low-carbon energy deployment in the energy transition will become vital. We have plenty of technical knowledge and skill to offer for offshore wind projects, for instance. The Hywind wind farm offshore Scotland is one example of a project that is using the same spar technology as typical offshore oil and gas infrastructure. Innovation, optimization, effective use of capital and operational expenditures, more-affordable offshore technology, and excellent project management, no doubt, also will become a new normal offshore. Recommended additional reading at OnePetro: www.onepetro.org. SPE 202911 - Harnessing Benefits of Integrated Asset Modeling for Bottleneck Management of Large Offshore Facilities in the Matured Giant Oil Field by Yukito Nomura, ADNOC, et al. OTC 30970 - Optimizing Deepwater Rig Operations With Advanced Remotely Operated Vehicle Technology by Bernard McCoy Jr., TechnipFMC, et al. OTC 31089 - From Basic Engineering to Ramp-Up: The New Successful Execution Approach for Commissioning in Brazil by Paulino Bruno Santos, Petrobras, et al.

scholarly journals Energy Security Problem amid Global Energy Transition

2021 ◽  
Vol 21 (4) ◽  
pp. 772-784
Author(s):  
Yury V. Borovsky
Keyword(s):  
Energy Security ◽  
Energy Use ◽  
Rapid Development ◽  
Energy Transition ◽  
The United States ◽  
Low Carbon ◽  
Security Threat ◽  
The Us ◽  
The Impact ◽  
The Eu

In the early 2020s the worlds transition from carbon-intensive to climate-neutral energy use has already become a discernible and a difficult-to-reverse process. With Joe Bidens election as US president, the United States have returned to the Paris Climate Agreement and have become a key driver of this process (along with the EU and China). As a result, the international community has reached a consensus on the ongoing energy transition. This process will require considerable effort and may take several decades. Nevertheless, the impact of energy transition on traditional approaches to energy security, which emerged largely as a result of the global oil crises of the 1970s and 1980s and are centered around the supply of fossil fuels, is already a relevant research topic. This problem is examined relying on the relevant terminological, theoretical and factual material. The article concludes that energy transition will ultimately undermine the carbon paradigm that has underpinned energy security policies since the 1970s. Rapid development of renewable and other low-carbon energy sources will certainly remove key energy security risks of energy importers and, possibly, allow them to achieve energy independence. However, a post-carbon era may also generate new risks. For countries that rely heavily on oil, gas and coal exports, energy transition will result in the loss of markets and revenues. It may present an energy security threat for them as well as it will require a costly and technologically complex process of the energy sector decarbonization. Some exporters, especially those with high fuel rents and insufficient financial reserves, may face serious economic and social upheavals as a result of energy transition. The EU and the US energy transition policies reflect provisions of all three fundamental international relations theoretical paradigms, including realism. This means that the EU and the US policy, aimed at promoting climate agenda, may be expected to be rather tough and aggressive. China as the third key player in energy transition is still following a liberal course; however, it may change in the future.

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