scholarly journals An Adaptive Architecture for Long Term Energy Programme Management

2019 ◽  
Vol 111 ◽  
pp. 06033
Author(s):  
Ovidiu Noran
Keyword(s):  
Business Models ◽  
Renewable Energy Sources ◽  
Energy Transition ◽  
Economic Security ◽  
Technical Solution ◽  
Adaptive Architecture ◽  
Long Run ◽  
Geographical Regions ◽  
Term Energy ◽  
High Level

Climate change, population growth, changing energy consumption patterns and the advent of feasible renewable energy sources has prompted governments worldwide to set targets for carbon emission reductions. The transition to a ‘near zero emissions’ industry and energy production presents significant opportunities but also caveats in relation to maintaining the balance of the ‘energy triangle’ aspects, namely economic, security and environmental. Various regions and countries find themselves in different economic, cultural and geopolitical situations which require customised approaches. Moreover, the transition is likely to take significant time, with disruptive technologies emerging in the meantime; therefore, a purely technical solution is unlikely to be viable in the long run. Hence, it would be helpful to complement the supportive, albeit high-level artefacts developed by various global organisations with strategic plans satisfying and abiding by principles that maximise the chances of success. Importantly, such strategic planning must follow a method that is transferable between geographical regions and their local maturity levels in respect to energy triangle viewpoints. This paper describes challenges and highlights of planning such a strategy, including guiding principles for the solution architecture and dynamic business models describing the possible structure and relations between an energy transition programme and its projects.

A Perspective on Energy Storage and Other Means to Integrate Increasing Shares of Renewable Electricity Generation

Green ◽  
2014 ◽  
Vol 4 (1-6) ◽  
Author(s):  
Arndt Neuhaus ◽  
Frank-Detlef Drake ◽  
Gunnar Hoffmann ◽  
Friedrich Schulte
Keyword(s):  
Energy Storage ◽  
Power Plants ◽  
Large Scale ◽  
Distributed Storage ◽  
Renewable Energy Sources ◽  
Energy Transition ◽  
System Stability ◽  
Small Scale ◽  
Specific Class ◽  
High Level

AbstractThe transition to a sustainable electricity supply from renewable energy sources (RES) imposes major technical and economic challenges upon market players and the legislator. In particular the rapid growth of volatile wind power and photovoltaic generation requires a high level of flexibility of the entire electricity system, therefore major investments in infrastructures are needed to maintain system stability. This raises the important question about the role that central large-scale energy storage and/or small-scale distributed storage (“energy storage at home”) are going to play in the energy transition. Economic analyses show that the importance of energy storage is going to be rather limited in the medium term. Especially competing options like intelligent grid extension and flexible operation of power plants are expected to remain favourable. Nonetheless additional storage capacities are required if the share of RES substantially exceeds 50% in the long term. Due to the fundamental significance of energy storages, R&D considers a broad variety of types each suitable for a specific class of application.

scholarly journals Long-term Sustainable Energy Strategy: Cyprus’ Energy Transition to Hydrogen Economy

2020 ◽  
Author(s):  
Andreas Poullikkas
Keyword(s):  
Sustainable Energy ◽  
Renewable Energy Sources ◽  
Energy Transition ◽  
Energy Strategy ◽  
Hydrogen Economy ◽  
Mediterranean Countries ◽  
Term Energy ◽  
The Cost ◽  
Political Groups

The present document aims to record the main actions that Cyprus needs to carry out in order to draw up a comprehensive long–term sustainable energy strategy for its transition from carbon economy to hydrogen economy. It provides a brief description of the European sustainable energy strategy up to 2050, with reference to the basic principles for the trading of greenhouse gas emissions. It also offers a discussion on the cost of renewable energy sources with regard to the energy transition and ways to reduce this cost. Furthermore, it describes Cyprus’s transition to the hydrogen economy by 2050, focusing on the importance of electricity interconnections and Cyprus’s crucial role with respect to the transition of Southeastern Mediterranean countries to hydrogen economy and how they could become energy exporters to Europe. Last but not least, this document presents the framework for drafting a long–term energy strategy for Cyprus, followed by a report on how this strategy could constitute an agreement between all political groups in Cyprus. In so doing, it pinpoints the year 2050 as a target for the energy transition of Cyprus to a hydrogen economy.

Business Models With H2

2017 ◽  
pp. 85-120
Keyword(s):  
Energy Source ◽  
Renewable Energy ◽  
Environmental Impact ◽  
Business Models ◽  
Renewable Energy Sources ◽  
Energy Transition ◽  
Energy Sources ◽  
Energy Prices ◽  
In The Beginning

Energy transition from a carbon energy driven world to a decarbonized world (H2) is essential for the living for our next generations. Our existing energy source with contents in the beginning (1850) nearly only the element C are used with all their consequences for the burning process and environmental impact. Nowadays the C element in our present energy sources are getting less and less. The environmental impact using fossil energy is huge and with the climate change more and more deadly for the inhabitants on the earth. Producing H2 as a sustainable and renewable energy is only possible using renewable energy sources like PV, Wind, Hydro, Biomass. With today's technology and the constant falling energy prices since the last 20 years H2 is now an alternative secondary energy source for a substitute for fossil sources. Using H2 will give new and unique business advantages. With these business advantages, new and innovative business models can be designed and developed. These novel approaches can be very sensitive to external influences. This destructives situations are making these BM very fragile. Finding ways to stabilize these on a long term without aid from the outside the key for success are new innovative technologies and new innovative BM.

Industry 4.0 initiatives in EU countries: experience for Ukraine

2020 ◽  
pp. 65-70
Author(s):  
Nataliya Ryvak ◽  
Anna Kernytska
Keyword(s):  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
Successful Implementation ◽  
Industrial Complex ◽  
Interconnected System ◽  
Industrial Transformation ◽  
Eu Countries ◽  
European Experience ◽  
High Level

In this paper, digital technologies development was analyzed as the basis for the so-called “fourth industrial revolution” with the potential for the qualitative transformation of the Ukrainian economy based on EU countries’ experience. Industry 4.0 is a new control chain over the entire chain of creating value throughout the product lifecycle. When developing an economic policy, it is important to pay attention to Industry 4.0. It increases productivity, produces new, better, and individualized products, and implements new business models based on “undermining” innovations. A comparative analysis of national initiatives I4.0 with their characteristics according to the main dimensions, including funding, focus, direction, was conducted. Particular attention was paid to considering deterrents to the successful implementation and enforcement of the I4.0 initiative in European countries. The factors of successful implementation of I4.0 initiatives in the EU countries were analyzed. Drawing on the analysis of the European experience of digital transformations in industry and national economies in general, the necessity of critical focus of such transformations in Ukraine was highlighted, and the need for state support of industrial transformation was substantiated. The emphasis was placed on the cooperation development between stakeholders within the implementation of Industry 4.0 – it is necessary to create national and regional 4.0 platforms, following the example of EU countries, which would bring together government institutions, businesses, and academics. The successful positioning of the Ukrainian modern industrial complex on the world markets depends on the high level of the interconnected system providing factors that characterize its development process. Considering the influence of a list of inhibiting factors on implementing the country’s industry accelerated development, a set of measures needed to transform Ukraine’s industry based on European experience was substantiated.

scholarly journals Regional Electricity Models for Community Energy in Germany: The Role of Governance Structures

2021 ◽  
Vol 13 (4) ◽  
pp. 2241
Author(s):  
Moritz Ehrtmann ◽  
Lars Holstenkamp ◽  
Timon Becker
Keyword(s):  
Renewable Energy ◽  
Business Models ◽  
Energy Transition ◽  
Governance Structures ◽  
Business Networks ◽  
Sustainable Innovation ◽  
Value Propositions ◽  
Energy Companies ◽  
Desk Research

Community energy actors play an important role in the energy transition, fostering the diffusion of sustainable innovation in the renewable energy market. Because market conditions for business models in the renewable energy sector are changing and feed-in-tariff (FiT) schemes expiring, community energy companies are in the process of innovating their business models. In recent years, several community energy companies in Germany have entered the electricity retail market selling locally generated electricity from their renewable energy installations to customers in their region. We explore the evolving regional electricity business models for community energy companies in Germany, related governance structures, and the role they play for a sustainable energy transition. In order to implement these complex business models, community energy companies cooperate with professional marketing partners (intermediaries), which are capable of taking over the tasks and obligations of electricity suppliers. Through a series of expert interviews and desk research, we identify three distinctive regional electricity business models and examine opportunities and challenges to their implementation. Results show that there are different forms of cooperation, leading to specific governance structures and creating a set of new value propositions. Through these forms of cooperation, business networks emerge, which can function as incubators for sustainable innovation and learning for the post-FiT era.

scholarly journals Data Analytics for Profiling Low-Voltage Customers with Smart Meter Readings

2021 ◽  
Vol 11 (2) ◽  
pp. 500
Author(s):  
Fabrizio Pilo ◽  
Giuditta Pisano ◽  
Simona Ruggeri ◽  
Matteo Troncia
Keyword(s):  
Energy Demand ◽  
Data Analytics ◽  
Distribution Systems ◽  
Low Voltage ◽  
Renewable Energy Sources ◽  
A Priori ◽  
Energy Transition ◽  
Smart Meters ◽  
Large Databases ◽  
A New Technique

The energy transition for decarbonization requires consumers’ and producers’ active participation to give the power system the necessary flexibility to manage intermittency and non-programmability of renewable energy sources. The accurate knowledge of the energy demand of every single customer is crucial for accurately assessing their potential as flexibility providers. This topic gained terrific input from the widespread deployment of smart meters and the continuous development of data analytics and artificial intelligence. The paper proposes a new technique based on advanced data analytics to analyze the data registered by smart meters to associate to each customer a typical load profile (LP). Different LPs are assigned to low voltage (LV) customers belonging to nominal homogeneous category for overcoming the inaccuracy due to non-existent coincident peaks, arising by the common use of a unique LP per category. The proposed methodology, starting from two large databases, constituted by tens of thousands of customers of different categories, clusters their consumption profiles to define new representative LPs, without a priori preferring a specific clustering technique but using that one that provides better results. The paper also proposes a method for associating the proper LP to new or not monitored customers, considering only few features easily available for the distribution systems operator (DSO).

scholarly journals The Energy Transition in the Visegrad Group Countries

Energies ◽  
2021 ◽  
Vol 14 (8) ◽  
pp. 2212
Author(s):  
Ewelina Kochanek
Keyword(s):  
Renewable Energy Sources ◽  
Mining Industry ◽  
Energy Transition ◽  
Green Energy ◽  
Political Elite ◽  
Energy Transformation ◽  
Diagnostic Features ◽  
Difficult Situation ◽  
Starting Point ◽  
Visegrad Group

The aim of the research is to analyse the energy transition in the Visegrad Group countries, because they depend on the production of energy from the burning of fossil fuels, and transition is a huge challenge for them. The diversity of the energy transformation in the V4 countries was examined by using two qualitative methods, including literature analysis and comparative analysis. The timeframe of the study was set for the period from 2020 to 2030, as these years are crucial for the implementation of the European Green Deal Programme. Four diagnostic features were taken into account in the analysis: the share of RES in final energy consumption, reduction of CO2 emissions in the non-Emissions Trading System (ETS) sector, date of withdrawal of coal from the economy, and energy efficiency. The analysis shows that the V4 countries have different approaches and levels of energy transformation in their economies. Poland is in the most difficult situation, being the most dependent on the production of electricity from coal, as well as having the largest number of employees in the coal and around coal sector. The other countries of the group can base their transformation on nuclear energy, as each of them has at least four such power units. The increased use of biomass for energy and heat production is the most important stimulus for Renewable Energy Sources (RES) growth in the analysed countries. The ambivalent attitude of the political elite to unconventional sources in the four analysed countries significantly hinders the development of certain forms of green energy. However, it has been observed that an increasing proportion of the population, especially those living in regions of the country where there is no fossil fuel mining industry, has a positive attitude towards energy transformation. The study is the first that shows the state of involvement in the process of systemic change of the Visegrad Group countries. The results can serve as a starting point for understanding the reticence of this group of European countries towards the transformation phenomenon, as well as contributing to further research on the implementation of closed-circuit economies in the Visegrad Group countries.

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.

THE ROLE OF ACCOUNTING AND CONTROL IN THE MANAGEMENT OF ECONOMIC SECURITY OF AN ORGANIZATION

2021 ◽  
Vol 7 (2) ◽  
pp. 165-178
Author(s):  
Nicolay T. Labyntsev ◽  
Lyubov F. SHILOVA ◽  
Ocsana V. Chukhrova
Keyword(s):  
Economic Security ◽  
Accounting Profession ◽  
Economic Management ◽  
Economic Interests ◽  
Doing Business ◽  
The Subject ◽  
The Stability ◽  
High Level ◽  
And Control

This article revises the mission and the name of the accounting profession in the context of strengthening the economic security of enterprises under the conditions of digitalization of the economy. The authors note that in the contemporary conditions of economic management, enterprises should form and ensure the functioning of the economic security of the enterprise at the proper level. The necessity of in-depth research of economic security at microlevel was considered, the factors influencing the stability of the enterprise were highlighted. High level of economic security of the subject of management consists in guaranteeing him maximum effective and stable functioning now and in future. Subjects of economic security were individual enterprises, and objects — their economic interests. The main goals of ensuring economic security of the enterprise in the part of accounting were singled out, the tasks of accounting policy, aimed at ensuring economic security, were determined. The prospects of the accounting profession in the process of ensuring economic security and reliable safe presentation of the results of doing business in reporting are substantiated. The study contains proposals on the revision of requirements for the qualifications of accountants in order to emphasize their activities aimed at strengthening the economic security of the enterprise.

Sign in / Sign up

Export Citation Format

Share Document