scholarly journals The Impact of Environmental Regulation on the Innovation and Diffusion of Low-Carbon Technology in Energy Sector

2021 ◽  
Vol 687 (1) ◽  
pp. 012188
Author(s):  
Dong Wang ◽  
Lei Huang ◽  
Zijun Sun ◽  
Wenyu Zhou ◽  
Weidong Wang
2020 ◽  
Vol 1 (2) ◽  
pp. 205-210
Author(s):  
David Yibakuo Amakiri ◽  
Solomon Ugochukwu Ezike

The responses of government to the novel coronavirus has snowballed into circumstances that can aptly be termed a new normal likewise are the ongoing efforts to transition to a low carbon economy. The effect of these combinations is a paradigm shift in the energy sector and the investments that underpin the linkages. Many aspects of these investments in the energy sector have also been thrown into murky waters arising from the hardship operators face now and the consequent inability to perform agreed obligations adequately. In a post-COVID-19 world, these scenarios pose legal risks and will be subject of energy arbitration proceedings. This article highlights the impact of COVID-19 on the energy industry, the claims emerging from it, and the repercussions for arbitration of energy disputes. It also highlights how these changes affect the quest for a just transition to a low-carbon economy.


2020 ◽  
Vol 209 ◽  
pp. 05005
Author(s):  
Andrey Kolpakov

The article considers the impact of national climate policy on the development of the Russian economy and energy sector. Implementation of an aggressive scenario (which is aimed at containing at any cost the rise in global temperature within 1.5 °C compared to the pre-industrial era) is unacceptable to Russia from socioeconomic perspective given it leads to lowering the average annual GDP growth rate by 1.8 percentage points by 2050. Effective long-term development strategy with low GHG emissions level should focus on structural and technological modernization of the economy; improve the absorption potential of the LULUCF sector; stimulate only those structural changes in the energy sector that involve production and technological chains within the country and do not provide for excessive price growth. Russia retains a significant potential for energy efficiency growth, and the necessary condition for activating this process is sustainable economic growth as it involves modernization of the production facilities and using available and competitive industrial capacities. The implementation of a reasonable scenario, based on these principles, would allow Russia to fulfil the nationally determined contributions within the Paris Agreement while ensuring economic growth at the rate not less than the global average one.


2021 ◽  
Vol 2021 ◽  
pp. 1-19
Author(s):  
Bo Fan ◽  
Tingting Guo ◽  
Ruzhi Xu ◽  
Wenquan Dong

Currently, the world is facing two significant challenges: low-carbon development and overcapacity. Government departments must reexamine their development strategy of energy industry. Implementing environmental regulatory policies and technological innovation can help alleviate coal industry’s overcapacity, while sustainable development requires joint actions of governments, enterprises, and the market. Based on the evolutionary game theory, this study constructs a tripartite evolutionary game model of local government, power industry, and coal enterprise. Under the premise of bounded rationality, the evolution path of each player in the game under the market incentive environmental regulation is analyzed, and the influence of the change of parameters of each player on the result is numerically simulated. The study found that strengthening environmental regulation by local governments is an inevitable choice to promote the transformation and upgrading of coal industry and power industry. In addition, reducing law enforcement costs and technological innovation costs are the fundamental point of the coordinated development of the three parties. Technological innovation in the power industry will reduce the probability of coal companies’ choosing clean production strategies, while seeking low-cost clean production technology and financial support is the key to coal companies’ optimization of production capacity.


2013 ◽  
Vol 753-755 ◽  
pp. 3185-3193
Author(s):  
Chang Hai Wu ◽  
Yu Liang Song ◽  
Yan Ming Pan

In the era of knowledge and low-carbon economy, how environmental regulation can affect the performance of high-tech industry has become a hot topic in many academic studies. Basing on the study sample of the high-tech industry, this paper develops the scales of environmental regulation and the performance of high-tech industry, and then tests the impact of environmental regulation on the performance of high-tech industry through SEM. The results show that command-control environmental regulation has insignificant affect on high-tech industry economic performance, ecological performance and technological performance, but incentive environmental regulation and voluntary environmental regulation have significant positive effect on high-tech industry economic performance, ecological performance and technological performance.


2021 ◽  
Author(s):  
Aleksander Wasiuta

Abstract BackgroundThe characteristic feature of modern energy sector in the EU is the development of environmentally friendly technologies based on renewable energy sources (RES). The use of alternative and RES contributes to resolving not only energy efficiency issues, but many of the environmental, economic and social problems. RES are also one of the priorities of the world's low carbon policy and reducing CO2 emissions into the atmosphere. Growing electrical energy consumption and increasing integration of RES in power systems have led to new challenges, thus it is required to investigate and properly analyze the impact of integrated RES on the power system as a substitute for fossil fuel resources.ResultsThe aim of the article is to show the possibilities of developing RES in Poland in the context of environmental protection, energy self-sufficiency and international obligations. The depletion of primary energy sources and the increase in emissions of greenhouse gases to the atmosphere forces undertaking certain activities, aimed at seeking substitutes for fossil fuels. According to the author’s analysis, RES are the best and safest substitutes for traditional energy resources such as fossil fuel.ConclusionsThe author examines electricity production mix in EU counties and compares it to Polish energy sector. Taking into consideration the transmission network density in Poland, while energy sector changes its structure and expands, the mix of technologies deployed to produce electricity determines the associated burden on transmission networks. Polish energy sector development in the context of modernization of transmission grid provides an opportunity for investors to prepare the energy system for increasing the share of renewable energy sources. In the process of implementing the appropriate solution, the experiences of other countries that have significantly increased the share of renewable energy in the past could be used. This article presents the main areas of action that may facilitate the further integration of different energy sources in the specific context of Poland's changing energy system. Not all integration options will be important for Poland at the same time.


2016 ◽  
Vol 9 (2) ◽  
pp. 10 ◽  
Author(s):  
Zahurin Mat Aji ◽  
Nor Iadah Yusop ◽  
Faudziah Ahmad ◽  
Azizi Ab Aziz ◽  
Zaid M. Jawad

<p><span style="font-size: 10pt; font-family: 'Times New Roman','serif'; mso-bidi-font-size: 11.0pt; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA; mso-bidi-font-style: italic;" lang="EN-US">Telecentre effectiveness is highly related with involvement of people in the community and has been measured by the socio-economic benefit gained from the telecentre. One of the important aspects that are often overlooked in the assessment of telecentre effectiveness is the technological change. It is referred to as the overall process of continuous invention, innovation and diffusion of technology that aims at improving the quality of telecentre operations. This paper presents a conceptual model of technological change on telecentre effectiveness. In achieving this, extensive reviews of literature on related concepts were performed. Several elements of technological change that are expected to have impact on telecentre effectiveness were identified. These elements were categorized into three dimensions of technological change process, which are in accordance with the Linear Model of Innovation namely invention, innovation and diffusion. This model can be used as a basis towards getting empirical evidence on the impact of technological change on telecentre operations.</span></p>


2021 ◽  
Author(s):  
Benedict Probst ◽  
Simon Touboul ◽  
Matthieu Glachant ◽  
Antoine Dechezleprêtre

Abstract Increasing the development and diffusion of low-carbon technologies on a global scale is critical to mitigating climate change. Based on over two million patents from 1995 to 2017 from 106 countries in all major climate mitigation technologies, our analysis shows an annual average low-carbon patenting growth rate of 10 percent from 1995 to 2013. Yet, from 2013 to 2017 low-carbon patenting rates have fallen by around 6 percent annually, likely driven by declining fossil fuel prices and, possibly, a readjustment of investors’ expectations and a stagnation of public funding for green R&D after the financial crisis. The Paris Agreement does not appear to have reversed the negative trend in low-carbon patenting observed since 2013. Innovation is still highly concentrated, with Germany, Japan, and the US accounting for more than half of global inventions, and the top 10 countries for around 90%. This concentration has further intensified over the last decade. Except for China, emerging economies have not caught up and remain less specialised in low-carbon technologies than the world average. This underscores the need for more technology transfers to developing and emerging economies, where most of the future CO2-emissions increases are set to occur. Existing transfer mechanisms, such as the UN Technology Transfer Mechanism and the Clean Development Mechanism, appear insufficient given the slow progress of technology transfer.


2020 ◽  
Vol 13 (4) ◽  
pp. 1
Author(s):  
Abhijeet Acharya ◽  
Lisa A. Cave

This paper aims to analyze the implications of Feed-In-Tariff (FIT) support removal in the UK&rsquo;s community energy sector and make recommendations for future business practices. European countries, including the UK, have recognized the critical role of Community Energy Cooperatives (CECs) in achieving low-carbon-energy transition targets through citizen engagements. However, due to the withdrawal of FIT support and other incentives in the UK, CECs struggle to sustain their profitability and growth. The subsidy-free, market-oriented policies have necessitated that CECs explore new business opportunities in collaboration with other actors of the business ecosystems. In this paper, we reviewed the impact of FIT support removal on community groups in the UK&#39;s member states, England, Scotland, and Wales. We analyzed effective business practices that CECs could follow to improve business viability and achieve growth. Based on our review, we make three recommendations for the business practices that can help CECs to remain profitable and grow in the UK&rsquo;s subsidy-free environment. We recommend that CECs 1) take part in shared ownership projects, 2) collaborate with local actors for bottom-up initiatives, and 3) explore low-interest financing models within the business ecosystem. The implication of findings from this paper includes new knowledge for CEC managers and policymakers in countries where the community energy sector is at a novice stage.


2020 ◽  
Vol 1 (2) ◽  
pp. 245-247
Author(s):  
Vicente Lopez-Ibor Mayor ◽  
Raphael J. Heffron

It is advanced here that a principle-based approach is needed to develop the energy sector during and after COVID-19. The economic recovery that is needed needs to revolve around ensuring that no one is left behind, and it should be an inclusive transition to a secure and stable low-carbon energy future. There are seven core energy law principles that if applied to the energy sector could enable this to be achieved.


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