Assessment of the impact of renewable energy and energy efficiency policies on the Macedonian energy sector development

2013 ◽  
Vol 5 (4) ◽  
pp. 041814 ◽  
Author(s):  
V. Taseska-Gjorgievska ◽  
A. Dedinec ◽  
N. Markovska ◽  
G. Kanevce ◽  
G. Goldstein ◽  
...  
Keyword(s):  
Energy Efficiency ◽  
Renewable Energy ◽  
Energy Sector ◽  
Energy Efficiency Policies ◽  
The Impact

scholarly journals The Economic Instruments for the Development of the Renewable Energy Sector in the EU and Ukraine

2020 ◽  
pp. 169-177
Author(s):  
V.S. Piven
Keyword(s):  
Energy Efficiency ◽  
Renewable Energy ◽  
Developed Countries ◽  
Energy Sector ◽  
Green Energy ◽  
The European Union ◽  
Renewable Energy Resources ◽  
The Impact ◽  
Stable Development ◽  
The Eu

The research reveals the theoretical and practical aspects of the green energy sector. The article compares the level of development of the green energy sector in the European Union and Ukraine. Different indicators, including the share of energy from renewable sources in Ukraine, the interaction between the level of GDP per capita and the share of renewable energy in the EU and Ukraine, and the structure of the renewable energy resources of Ukraine and the EU are taken into account. The article discussed the role of financial and non-financial tools for the development of the green energy sector in the EU countries. The research states that the countries can be divided into three groups, where group A involves countries with a highly developed green energy sector, group B – member-states with progress in the transition to alternative sources of energy, and group C – countries with weak or no progress in the development of renewable energy sector. The research explains the impact of economic prosperity in developed countries on the renewable energy sector. It investigates that there is a very small positive correlation between the independent variable and the dependent variable. In general, it demonstrates that there is no correlation between the economic condition of very developed countries and the level of their green energy efficiency. The article suggests policy-making changes for the stable development of green energy in both the EU and Ukraine. Revision of existing government's medium and long term plans and adapting them to current circumstances, the gradual reduction of subsidies and reform of energy pricing, the regulatory focus on energy efficiency, the attraction of private investments through the use of domestic and donor investments are determined as important actions for stable development of green energy sector.

scholarly journals THE PARADIGM OF ECONOMIC ENERGY SECURITY BY ORIENTATION ON RENEWABLE ENERGY SOURCES

2020 ◽  
pp. 114-125
Author(s):  
Tetyana DERKACH ◽  
Denys CHEBANENKO
Keyword(s):  
Renewable Energy ◽  
National Economy ◽  
Energy Security ◽  
Renewable Energy Sources ◽  
Energy Sector ◽  
Economic Feasibility ◽  
Energy Sources ◽  
Energy Prices ◽  
Equal Distribution ◽  
The Impact

Introduction. The topic of renewable energy today is one of the most relevant and requires consideration from the point of view of all components of this process, namely economic, financial, environmental, technological, and others. The transition to renewable energy is already irreversible today since natural resources are depleted, fuel prices are the subject to significant fluctuations, and the stable growth of the national economy is ensured by energy security. The purpose. The purpose of the article is to analyze the volume of global energy consumption, to analyze the impact of the introduction of renewable energy sources on the development of the national economy, to ensure energy security with the depletion of hydrocarbon resources and a slight diversification of their suppliers. Results. Today the Ukrainian economy is the most energy-intensive. Unstable energy prices are a threat both to the global economy and to each country separately. Therefore, in the event of a decrease in the supply of traditional energy resources, the importing countries experience the greatest difficulties. The existing tendency in Ukraine to increase the consumption of traditional energy sources, combined with the absence of a targeted policy aimed at reducing the volume of environmental pollution, will lead to an increase in negative economic consequences. The advantage of renewable energy sources is their equal distribution throughout the country (with the exception of water resources). This feature leads to the formation of one of the main characteristics of power systems based on renewable energy sources, namely, their decentralization. It should be borne in mind that the world energy market is made up of state and non-state participants. Non-state participants are showing an upward trend. However, the state should have the greatest influence on the national energy sector. Renewable energy is an area that, in the Ukrainian context, depends on state support, namely economic and administrative incentives. The dynamics of the development of renewable energy should be combined with the balanced development of the fuel and energy sector in Ukraine. Conclusions. The process of development and transition to renewable energy needs a systematic approach. Both qualitative and quantitative approaches are needed to assess the transition to renewable energy. An effective strategy for the transition to the introduction of renewable energy technologies should be justified by economic feasibility. The transition from traditional energy to renewable sources should lead to energy security, which contributes to stable economic growth, political independence, and improving the quality of the environmental component.

Sustainable energy solutions for thermal load in buildings - Role of heat pumps, solar thermal, and hydrogen-based cogeneration systems

2021 ◽  
pp. 1-25
Author(s):  
Praveen Cheekatamarla ◽  
Vishaldeep Sharma ◽  
Bo Shen
Keyword(s):  
Energy Efficiency ◽  
Renewable Energy ◽  
Carbon Footprint ◽  
Energy Demand ◽  
Primary Energy ◽  
Heat Pumps ◽  
Total Carbon ◽  
Coefficient Of Performance ◽  
Renewable Energy Resources ◽  
The Impact

Abstract Economic and population growth is leading to increased energy demand across all sectors – buildings, transportation, and industry. Adoption of new energy consumers such as electric vehicles could further increase this growth. Sensible utilization of clean renewable energy resources is necessary to sustain this growth. Thermal needs in a building pose a significant challenge to the energy infrastructure. Supporting the current and future building thermal energy needs to offset the total electric demand while lowering the carbon footprint and enhancing the grid flexibility is presented in this study. Performance assessment of heat pumps, renewable energy, non-fossil fuel-based cogeneration systems, and their hybrid configurations was conducted. The impact of design configuration, coefficient of performance (COP), electric grid's primary energy efficiency on the key attributes of total carbon footprint, life cycle costs, operational energy savings, and site-specific primary energy efficiency are analyzed and discussed in detail.

scholarly journals Friends or Foes? Political Synergy or Competition between Renewable Energy and Energy Efficiency Policy

Energies ◽  
2020 ◽  
Vol 13 (23) ◽  
pp. 6339
Author(s):  
Lana Ollier ◽  
Marc Melliger ◽  
Johan Lilliestam
Keyword(s):  
Energy Efficiency ◽  
Renewable Energy ◽  
Linear Regression Models ◽  
Member States ◽  
Eu Member States ◽  
Energy Efficiency Policy ◽  
Efficiency Measures ◽  
Multi Linear Regression ◽  
Energy Efficiency Policies ◽  
Two Sides

Energy efficiency measures and the deployment of renewable energy are commonly presented as two sides of the same coin—as necessary and synergistic measures to decarbonize energy systems and reach the temperature goals of the Paris Agreement. Here, we quantitatively investigate the policies and performances of the EU Member States to see whether renewables and energy efficiency policies are politically synergistic or if they rather compete for political attention and resources. We find that Member States, especially the ones perceived as climate leaders, tend to prioritize renewables over energy efficiency in target setting. Further, almost every country performs well in either renewable energy or energy efficiency, but rarely performs well in both. We find no support for the assertion that the policies are synergistic, but some evidence that they compete. However, multi-linear regression models for performance show that performance, especially in energy efficiency, is also strongly associated with general economic growth cycles, and not only efficiency policy as such. We conclude that renewable energy and energy efficiency are not synergistic policies, and that there is some competition between them.

scholarly journals The Impact of Purchasing Group on the Profitability of Companies Operating in the Renewable Energy Sector—The Case of Poland

Energies ◽  
2020 ◽  
Vol 13 (24) ◽  
pp. 6588
Author(s):  
Grzegorz Zimon ◽  
Dominik Zimon
Keyword(s):  
Renewable Energy ◽  
Small And Medium Enterprises ◽  
Energy Sector ◽  
Financial Situation ◽  
Financial Liquidity ◽  
Medium Enterprises ◽  
Purchasing Group ◽  
The Impact ◽  
Research Period ◽  
Positive Effect

Purchasing groups are multi-entity organisations that operate in practically every sector. Their greatest role is to improve the financial situation of small and medium enterprises (SMEs). In the case of enterprises operating in the sectors that are just developing, especially those belonging to SMEs, it is particularly difficult to obtain favourable financial results. In Poland, such sectors include, among others, renewable energy, which is slowly developing, but has not yet reached the size set in climate policy. The purpose of the paper is to present how functioning under group purchasing organisations (GPOs) affects the profitability of companies related to the renewable energy sector. For the example of the largest industry purchasing groups, the analysis showed that high profitability results were achieved by enterprises operating in them compared to entities operating independently in the market. In total, 71 enterprises operating in the sector related to the renewable energy sector in Poland were analysed. The enterprises were divided into units operating in the purchasing groups of 46 enterprises, and those that operate independently in the market of 25 enterprises. The research period covered the years 2016–2019. The analysis showed that the scale effect allowed companies to increase profits and had a positive effect on their financial liquidity. The research proved that in the case of commercial enterprises operating in the sector related to renewable energy, functioning within the industry purchasing group allowed high profitability and financial liquidity. There is a dependency that the liquidity increases with a growth in profitability.

scholarly journals Local content requirements and the impact on the South African renewable energy sector: A survey-based analysis

2017 ◽  
Vol 20 (1) ◽  
Author(s):  
Christopher Ettmayr ◽  
Hendrik Lloyd
Keyword(s):  
South Africa ◽  
Renewable Energy ◽  
South African ◽  
Large Scale ◽  
Peer Group ◽  
Energy Sector ◽  
Local Content ◽  
The Impact ◽  
Method Approach ◽  
Procurement Programme

Background: Economies aim to grow over time, which usually implies the need for increased energy availability. Governments can use their procurement of energy to increase benefits in their economies via certain policy tools. One such tool is local content requirements (LCRs), where the purchase of goods prescribes that a certain value has to be sourced locally. The argument for this tool is that spending is localised and manufacturing, as well as job creation, can be stimulated because industry will need to establish in the host economy. However, this practice is distortionary in effect and does not create a fair playing ground for global trade. Furthermore, if the local content definition is weak, or open to manipulation, the goals of such a policy may not be achieved at all.Aim: The objective of this study was to determine how LCRs would ultimately impact on the overall procurement programme.Setting: This study took place as South Africa commenced with large scale development of the renewable energy sector. This was largely achieved via the State run Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).Method: This study utilised opinion-based surveys to look into the LCRs of South Africa’s REIPPPP and measure the impact of this policy on the renewable energy sector in general. The mixed method approach was utilised to analyse qualitative and quantitative data and this was then triangulated with an international peer group to arrive at certain conclusions. The Delphi Technique was then employed to achieve population consensus on the findings.Results and conclusion: It was found that, in order to implement a policy such as local content without any negative welfare effects, the host economy had to show certain pre-existing conditions. Because South Africa does not hold all supportive pre-conditions, the impact and effect of LCRs have not been optimal, and it has not been found to be a sustainable mechanism to continue using indefinitely. The pricing of renewable energy was also found to be higher due to local content and such pricing is passed on to the energy consumer. The welfare created for South Africa, which should be in a trade-off for the creation of jobs and manufacturing, is therefore diminished and coupled with unsustainability and potential manipulation of the system, the country does not seem to be benefitting as it should be from this specific application of a local content policy.

scholarly journals Impact of the Renewable Energy Development in Lithuania‘s Energy Economy

2019 ◽  
Vol 8 (4) ◽  
pp. 75
Author(s):  
Rita Bužinskienė
Keyword(s):  
Renewable Energy ◽  
Renewable Energy Sources ◽  
Research Problem ◽  
Energy Sector ◽  
Energy Resources ◽  
Renewable Energy Resources ◽  
Linear Regression Models ◽  
Energy Productivity ◽  
Energy Economy ◽  
The Impact

Paper is characterized by scientific novelty as it involves a very scarce research problem in Lithuanian‘s energy sector, assessing the impact of renewable energy resources on the energy economy. Renewable energy sources have a multiplier effect in spurring the economy and the development of not only the energy sector but also all the supporting activities related to such industry. The impact of the development of renewable energy is one of the factors that develop the quality of technology innovation development. This study includes the impact of renewable energy on the energy economy, using multiple linear regression models. The results of the study have shown that renewable energy resources: wind, sun, water, geothermal and biomass can not always be used together because they compete with each other and therefore reduce the efficiency of the energy economy. In this context, three combinations of renewable energy resources have been developed, which have been adapted to assess the impact of the energy economy on energy productivity and energy intensity. It has been found that the combination of resources of the second model (M2) RE is significant for the efficiency of the energy economy.Keywords: Renewable energy resources; Energy economy; Impact of efficiency

scholarly journals Análisis de las emisiones asociadas al sector energético en España

2020 ◽  
Vol 31 (1) ◽  
pp. 151
Author(s):  
Ángeles Cámara Sánchez ◽  
Mónica Flores García ◽  
Patricia D. Fuentes Saguar
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Greenhouse Gases ◽  
Environmental Problem ◽  
Energy Sector ◽  
Social Accounting Matrix ◽  
Spanish Economy ◽  
Household Energy ◽  
The Impact ◽  
Multisector Model

The greenhouse gas emissions to the atmosphere are an economic and environmental problem. In this work we make a detailed study of the emissions from the branches of the Spanish energy sector. To this end, we have developed for the Spanish economy a Social Accounting Matrix (SAM) with Environmental Accounts, considering the six greenhouse gases that the Kyoto Protocol states. In this SAM, the energy sector appears disaggregated in eight sectors, including renewable branches, in order to distinguish the emissions of each type of energy. The analysis is performed using a linear multisector model applied to the SAM, which allows us to obtain the emissions, both direct and indirect, caused by each branch of the Spanish energy sector. Finally, we evaluate the impact in emissions caused by a shift in the household energy consumption towards renewable energy.

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