scholarly journals Fossil fuel industry development in the 21st century: a case of coal

2021 ◽  
Vol 128 ◽  
pp. 02004
Author(s):  
Wadim Strielkowski ◽  
Eugeny Lutsenko ◽  
Dmitriy Pavlov
Keyword(s):  
Renewable Energy ◽  
Electric Vehicles ◽  
Energy Production ◽  
Developing Economies ◽  
Coal Industry ◽  
Green Energy ◽  
Industry Development ◽  
Political Forces ◽  
Fossil Fuel Industry ◽  
Fuel Industry

Our article analyses the prospects of coal industry development in the 21st century. It is apparent that the share of coal in the world’s total energy mix is shrinking as it is replaced by natural gas, renewables, and other forms of energy production. In the same time, countries like China, Russia, but also Poland are dependent on coal as the major fuel for generating their electricity. Quite remarkably, China is using more coal to generate electricity for powering its growing fleet of electric vehicles and transport. This cycle needs to be broken in order to ensure the full transition to the renewable energy future and reducing the burden on the climate and global warming. We argue that the shift away from coal to the renewable energy is driven mainly by the growth of green energy policies and supporting actions induced by the political forces. However, it might still remain the major source of power generation in less-developed and developing economies.

scholarly journals Renewable Energy Development as a Driver of Economic Growth: Evidence from Multivariate Panel Data Analysis

2019 ◽  
Vol 11 (8) ◽  
pp. 2418 ◽  
Author(s):  
Nadia Singh ◽  
Richard Nyuur ◽  
Ben Richmond
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Renewable Energy ◽  
Energy Production ◽  
Developing Economies ◽  
Panel Data Analysis ◽  
Least Square ◽  
Renewable Energy Production ◽  
The Future ◽  
The Impact

Renewable energy is being increasingly touted as the “fuel of the future,” which will help to reconcile the prerogatives of high economic growth and an economically friendly development trajectory. This paper seeks to examine relationships between renewable energy production and economic growth and the differential impact on both developed and developing economies. We employed the Fully Modified Ordinary Least Square (FMOLS) regression model to a sample of 20 developed and developing countries for the period 1995–2016. Our key empirical findings reveal that renewable energy production is associated with a positive and statistically significant impact on economic growth in both developed and developing countries for the period 1995–2016. Our results also show that the impact of renewable energy production on economic growth is higher in developing economies, as compared to developed economies. In developed countries, an increase in renewable energy production leads to a 0.07 per cent rise in output, compared to only 0.05 per cent rise in output for developing countries. These findings have important implications for policymakers and reveal that renewable energy production can offer an environmentally sustainable means of economic growth in the future.

A 3D City Model as User Interface Connected to an Energy Model

2014 ◽  
pp. 228-246 ◽  
Author(s):  
Erik Kjems ◽  
Poul Alberg Østergaard
Keyword(s):  
Renewable Energy ◽  
Web Application ◽  
Energy Production ◽  
Energy System ◽  
Energy Model ◽  
Green Energy ◽  
Precise Calculation ◽  
3D City Model ◽  
City Model ◽  
The City

Back in 2007 the municipality of Frederikshavn in Northern Jutland in Denmark decided to use only 100% renewable energy for electricity, heat and transport by the year of 2015. Frederikshavn, the largest city in the municipality, was naturally chosen as case city. To be able to verify whether the green energy balance is possible to achieve, it was necessary to create energy scenarios for the whole city and also give the possibility to alter the current energy production and consumption. At the same time the city decided to involve as many people living in the city as possible, making it a project for the citizens of Frederikshavn. One result of this decision was an interactive Web application developed at Aalborg University. The application uses a 3D city model of the city of Frederikshavn as interface and gives the possibility to alter inputs for the energy consumption and energy production of the city using sliders and buttons as part of the interface. While the 3D model gives an immediate visual result, a connection to an underlying numerical energy model developed in earlier years at the University delivers a quite precise calculation on all vital data involved in the overall calculation of renewable energy within a closed energy system. This chapter describes the underlying theories and methods for creating such a system and presents the system, which can be understood as a case story among many.

Microreactors: ‘micro’managing our macro energy demands

2019 ◽  
Vol 13 (3) ◽  
pp. 590-596
Author(s):  
Olivia Rossi ◽  
Arvind Chandrasekaran
Keyword(s):  
Renewable Energy ◽  
Energy Production ◽  
Large Scale ◽  
Energy Generation ◽  
Green Energy ◽  
Content Type ◽  
Production Methods ◽  
Renewable Energy Production ◽  
Microreactor Technology ◽  
Renewable Energy Generation

Purpose The purpose of this paper is to answer this question by discussing the practicality of implementing microreactor technology towards large-scale renewable energy generation, as well as provide an incentive for future researchers to utilize microreactors as a useful alternative tool for green energy production. However, can microreactors present a viable solution for the generation of renewable energy to tackle the on-going global energy crisis? Design/methodology/approach In this paper, the practicality of implementing microreactor technology toward large-scale renewable energy generation is discussed. Specific areas of interest that elucidate considerable returns of microreactors toward renewable energy production are biofuel synthesis, hydrogen conversion and solar energy harvesting. Findings It is believed that sustained research on microreactors can significantly accelerate the development of new energy production methods through renewable sources, which will undoubtedly aid in the quest for a greener future. Originality/value This work aims to provide a sound judgement on the importance of research on renewable energy production and alternative energy management methods through microreactor technology, and why future studies on this topic should be highly encouraged. The relevance of this opinion paper lies in the idea that microreactors are an innovative concept currently used in engineering to significantly accelerate chemical reactions on microscale volumes; with the feasibility of high throughput to convert energy at larger scales with much greater efficiency than existing energy production methods.

scholarly journals Renewable energy as an integral part of the Bulgarian energy mix

2021 ◽  
Vol 286 ◽  
pp. 02011
Author(s):  
Todorka Stankova ◽  
Daniela Toneva
Keyword(s):  
Renewable Energy ◽  
Energy Production ◽  
Green Energy ◽  
Energy Mix ◽  
Promotion Policy ◽  
Strategic Objective ◽  
Net Zero ◽  
Production And Consumption ◽  
Key Factor

An economy with net-zero greenhouse gas emissions is the new EU 2050 is a main long– term strategic objective, which follows the EU RES promotion policy. Investment in renewable energy is a key factor for reduction of the conventional energy sources’ carbon footprint. The transition from conventional to green energy is an on-going process. The renewable energy becomes an integral part from the energy mix of EU countries, including Bulgaria. Current research on RES component of Bulgarian energy mix covers the period from 2007 to 2019. It reveals the internal renewable energy subsector structure. The preconditions for solar and wind energy project are analysed, together with the levels of RES energy production in Bulgaria. The Bulgaria RES sector incoherence is highlighted. Some trends of RES development in the context of gross final energy production and consumption are revealed. Some gaps in Bulgarian practices regarding RES promotion policy implementation are identified and discussed.

scholarly journals Make Fossil Fuels Great Again? The Paris Agreement, Trump, and the US Fossil Fuel Industry

2019 ◽  
Vol 19 (4) ◽  
pp. 45-62
Author(s):  
Lukas Hermwille ◽  
Lisa Sanderink
Keyword(s):  
Energy Policy ◽  
Fossil Fuel ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Coal Industry ◽  
Paris Agreement ◽  
International Governance ◽  
Fossil Fuel Industry ◽  
Fuel Industry ◽  
Climate And Energy Policy

Theoretical advances suggest that international governance in general and the Paris Agreement in particular provide a strong signal guiding sociotechnical systems toward decarbonization. We assess this signal and its effects empirically, by examining the struggle of competing narratives as present in the communications of leading US fossil fuel industry associations and companies. The results are then discussed in the context of the national and international climate and energy policy debates in a study period from late 2014 until the announcement of withdrawal from the Paris Agreement in June 2017. We find that the Paris Agreement has institutionalized a narrative paradigm that is surprisingly resilient. While the election of Donald Trump and his climate and energy policy led to a narrative shift in the coal industry, the oil and gas industry remained conspicuously silent in its immediate response and maintained its narrative strategies despite its alignment with the Paris Agreement.

scholarly journals Climate change and fossil fuel: An examination of risks for the energy industry and producer states

2017 ◽  
Vol 4 ◽  
Author(s):  
Jim Krane
Keyword(s):  
Climate Change ◽  
Natural Gas ◽  
Fossil Fuels ◽  
Fossil Fuel ◽  
Coal Industry ◽  
Low Carbon ◽  
Climate Action ◽  
Fossil Fuel Industry ◽  
Fuel Industry ◽  
Developed World

ABSTRACTThis article compiles and categorizes the various forms of climate risk facing the fossil fuel industry. The type and intensity of risk differs greatly among the three forms of fossil fuels, as well as between countries in the developing and developed world. The paper finds heightened risk for the coal industry and reduced risk for oil businesses, due to its lack of substitutes.Burning coal, oil, and natural gas is the source of two-thirds of the world’s emissions of greenhouse gases. Sales of these fuels also represent the economic underpinning of resource-rich countries and the world’s largest firms. As such, steps taken to abate emissions undermine commercial opportunities to monetize fossil fuel reserves. Risks to the industry correlate with progress on climate goals.This article analyzes recent literature on climate action strategy and finds that a new or intensified set of risks has arisen for the fossil fuel industry. These include government policies and legislation, financial restrictions among lenders and insurers, hostile legal and shareholder actions, changes in demand and geopolitics, as well as the onset of new competitive forces among states and technologies.The exposure of carbon-based businesses to these risks and the potential for loss is neither distributed uniformly across the sector, nor adheres to a uniform time scale. Shareholder-owned firms in the developed world will be incentivized to react sooner than large state-owned resource owners in developing countries. The fates of the three fossil fuels also appear likely to play out differently. Demand for oil appears insulated by its lack of viable substitutes, while coal businesses are already undergoing climate-related action, pushed by decreasing social acceptance and constraining financial regulation. At the other end of the spectrum, climate action has improved the medium-term viability of low-carbon natural gas. What appears clear is that, as effects of climate change grow more pronounced, the industry faces a future that is less accepting of current practices.

scholarly journals Assessment of Fruit and Vegetable Residues Suitable for Renewable Energy Production: GIS-Based Model for Developing New Frontiers within the Context of Circular Economy

2021 ◽  
Vol 4 (1) ◽  
pp. 10
Author(s):  
Roberta Selvaggi ◽  
Francesca Valenti
Keyword(s):  
Renewable Energy ◽  
Circular Economy ◽  
Energy Production ◽  
Renewable Energy Sources ◽  
Green Energy ◽  
Regulatory Framework ◽  
Fruit And Vegetable ◽  
New Frontier ◽  
Vegetable Wastes

Due to the necessity of developing renewable energy sources, the anaerobic digestion for producing biomethane has developed significantly in the last years, since it allows to both reduce disposal treatment and produce green energy. In this field, fruit and vegetable wastes have been recently put forward, since they could represent a suitable resource for producing biomethane as a new frontier within the context of a circular economy. This study aims at filling the gap in the knowledge of the production, quantities and biogas potential production of these residues. On this basis, a GIS-based model was developed and applied to the Sicily region by investigating the specific regulatory framework as well as by analysing descriptive statistics. The results of the GIS analyses enabled the localisation of the highest productive territorial areas and highlighted where fruit and vegetable wastes are abundantly located. In this regard, about 7 million Nm3 of biogas could be produced by reusing only the fruit and vegetable residues coming from the three most representative Sicilian wholesale markets among those considered. Finally, the regulatory framework is of crucial importance in inhibiting or supporting the use of the selected biomass in a specific sector, with regard to the case study considered.

scholarly journals Socio-economic problems of hydrogen energy development

2021 ◽  
Vol 23 (2) ◽  
pp. 36-45
Author(s):  
M. A. Pletnev ◽  
A. N. Kopysov
Keyword(s):  
Renewable Energy ◽  
Russian Federation ◽  
Energy Production ◽  
Renewable Energy Sources ◽  
Energy Transition ◽  
Green Energy ◽  
Dissipated Energy ◽  
Energy Sources ◽  
Hydrogen Energy ◽  
The Russian Federation

THE PURPOSE. To consider the features of the socio-economic development of Russia in the context of the fourth energy transition, which is based on the use of renewable energy sources and hydrogen as an energy carrier. To carry out a comparative analysis of approaches to the development and implementation of hydrogen energy programs in developed countries and in Russia. METHODOLOGY. To solve this problem, the method of analyzing the regulatory framework, monographic, scientific and analytical literature, program documents of various levels, real steps of the authorities in the implementation of the fourth energy transition was used. DISCUSSIONS. The current economic model of energy production and consumption is based on an increase in entropy, which leads to irreversible changes in the global ecosystem. The fourth energy transition involves the delocalization of energy production and the use of dissipated energy, which leads to a decrease in entropy. The transition to the use of renewable energy sources carries economic risks associated with the loss of established markets for traditional energy sources, a reduction in the production of products and services for the oil and gas sector of the economy, as well as the introduction of a "carbon tax" on the export products of Russian companies. Russia has achieved certain results in the development of hydrogen energy technologies, which can lead to access to international markets for hydrogen and technologies for its production. It is necessary to work with the public to explain the benefits of green energy. It is important to coordinate the actions of the Government of the Russian Federation and business to reduce costs during the transition to new energy. CONCLUSION. The authors have proposed measures that must be taken into account when implementing the Action Plan ("road map") for the development of hydrogen energy in the Russian Federation until 2024. 1. To supplement the roadmap with a system of measures to inform the population of the need to introduce green energy, including programs of additional, general secondary and higher education. 2. To change the structure of the Federal State Educational Standard of general secondary education in terms of including chemistry and biology in the list of compulsory subjects in order to provide personnel with hydrogen energy. 3. Determine the priority of projects on renewable energy sources and hydrogen energy in the formation of tender documentation by the development institutes of the Russian Federation. 4. Ensure real decarbonization of the country's energy sector to maintain the export positions of raw materials, food and industrial goods of Russian manufacturers.

scholarly journals Examining possible relationship between carbon finance availability and growth of wind energy

2014 ◽  
Vol 3 (3) ◽  
pp. 96-103
Author(s):  
Collins Ngwakwe
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Renewable Energy ◽  
Wind Energy ◽  
World Bank ◽  
Developing Economies ◽  
Green Energy ◽  
Carbon Reduction ◽  
Carbon Fund ◽  
Carbon Finance

This paper evaluates the possible relationship between carbon fund availability and the growth of wind energy. This has become apposite considering global quest for renewable energies as a veritable option for carbon reduction and sustainable development. Whilst some extant literature blames delay in climate policy as an obstacle to green energy, others regard carbon finance availability as a booster to renewable energy. Raging argument is that similar to any other investment, renewable energy finance availability may mar or catalyse growth in renewable energy. Consequently, in this paper, a conceptual overview of carbon finance and renewable energy is undertaken and a test of the relationship between the World Bank carbon finance availability and wind energy growth is conducted. The result indicates a significant positive relationship between World Bank carbon financing and global growth in wind energy. The paper thus concludes that aside from policy options, renewable energy financing seems to be a contributory catalyst that may spur improvement in global renewable energy. The paper highlights that achieving green economic development in developing countries would depend, not only on climate policies alone, but also on sustainable financing. Hence government and private sources of funding is very desirable in achieving global green economic development, most importantly, for developing economies. The paper thus offers a research agenda on awareness creating for local and international sources of green energy for developing countries.

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