Energy After COVID

2020 ◽  
Vol 119 (820) ◽  
pp. 317-322
Author(s):  
Michael T. Klare

By transforming patterns of travel and work around the world, the COVID-19 pandemic is accelerating the transition to renewable energy and the decline of fossil fuels. Lockdowns brought car commuting and plane travel to a near halt, and the mass experiment in which white-collar employees have been working from home may permanently reduce energy consumption for business travel. Renewable energy and electric vehicles were already gaining market share before the pandemic. Under pressure from investors, major energy companies have started writing off fossil fuel reserves as stranded assets that are no longer worth the cost of extracting. These shifts may indicate that “peak oil demand” has arrived earlier than expected.

RSC Advances ◽  
2021 ◽  
Vol 11 (10) ◽  
pp. 5432-5443
Author(s):  
Shyam K. Pahari ◽  
Tugba Ceren Gokoglan ◽  
Benjoe Rey B. Visayas ◽  
Jennifer Woehl ◽  
James A. Golen ◽  
...  

With the cost of renewable energy near parity with fossil fuels, energy storage is paramount. We report a breakthrough on a bioinspired NRFB active-material, with greatly improved solubility, and place it in a predictive theoretical framework.


Atmosphere ◽  
2019 ◽  
Vol 10 (8) ◽  
pp. 476
Author(s):  
Kevin J. Warner ◽  
Glenn A. Jones

China and India are not only the two most populous nations on Earth, they are also two of the most rapidly growing economies. Historically, economic and social development have been subsidized by cheap and abundant fossil-fuels. Climate change from fossil-fuel emissions has resulted in the need to reduce fossil-fuel emissions in order to avoid catastrophic warming. If climate goals are achieved, China and India will have been the first major economies to develop via renewable energy sources. In this article, we examine the factors of projected population growth, available fossil-fuel reserves, and renewable energy installations required to develop scenarios in which both China and India may increase per capita energy consumption while remaining on trach to meet ambitious climate goals. Here, we show that China and India will have to expand their renewable energy infrastructure at unprecedented rates in order to support both population growth and development goals. In the larger scope of the literature, we recommend community-based approaches to microgrid and cookstove development in both China and India.


2019 ◽  
Vol 11 (5) ◽  
pp. 1234 ◽  
Author(s):  
Hee-Hoon Kim ◽  
Seul-Ye Lim ◽  
Seung-Hoon Yoo

Heat accounts for about one-third of the final energy use and it is mostly produced using fossil fuels in South Korea. Thus, heat production is an important source of greenhouse gas emissions. However, using renewable heat that is directly produced from renewable energy, such as bioenergy, geothermal, or solar heat can save energy and reduce greenhouse gas emissions, rather than transforming conventional fuel into heat. Therefore, an energy policy for renewable heat urgently needs to be established. It is such situations that this paper attempts to assess the consumers’ additional willingness to pay (WTP) or the price premium for renewable heat over heat that is produced from fossil fuels for residential heating. To that end, a nationwide contingent valuation survey of 1000 households was conducted during August 2018. Employing the model allowing for zero WTP values, the mean of the additional WTP or premium for one Gcal of heat produced using renewable energy rather than fossil fuels was estimated to be KRW 3636 (USD 3.2), which is statistically meaningful at the 1% level. This value represents the price premium for renewable heat over heat that is based on fossil fuels. Given that the heat price for residential heating was approximately KRW 73,000 (USD 65.1) per Gcal at the time of the survey, the additional WTP or the price premium corresponds to about 5% of that. When considering that the cost of producing renewable heat is still significantly higher than the cost of producing fossil fuels-based heat, more efforts to lower the production costs of renewable heat as well as financial support of the government for producing and supplying renewable heat are needed to ensure residential consumers’ acceptance of renewable heat.


2019 ◽  
Vol 8 (4) ◽  
pp. 6240-6243

There are various types of Renewable Energy (RE) that has been studied by many researchers in order to find a costeffective energy generation in reducing the non-renewable energy source. In this study, the solar energy was suggested in order to apply the Net Energy Metering (NEM) scheme that has been introduced effective on 1st January 2019, by Malaysian government in achieving 20% national RE target in electricity power mix, reducing the dependency on imported fossil fuels. Based on the data and results, the suitable size of solar panel for a house can be determined based on the daily electricity usage. The findings show that the system size and the cost itself also depends on the estimated amount solar generated set by the consumer.


2019 ◽  
Vol 11 (6) ◽  
pp. 1566 ◽  
Author(s):  
Ju-Hee Kim ◽  
Hyo-Jin Kim ◽  
Seung-Hoon Yoo

Due to air pollution and greenhouse gases issues associated with the use of fossil fuels and nuclear safety issues after the Fukushima accident, consumers are increasingly in favor of commodities produced using electricity generated from relatively expensive renewable energy (RE) rather than cheap fossil fuels or nuclear energy. This is usually called ‘RE100’. The objective of this study is to examine South Korean consumers’ willingness to pay (WTP) price premium for a RE100 commodity using the specific case of smartphones. We accomplished the purpose by conducting a contingent valuation survey of 1000 individuals in August 2018 and analyzing the data gathered from the survey. In addition, the spike model was applied to dealing with the zero WTP responses. Based on the analysis results, an average price premium was statistically significantly estimated to be KRW 11,699 (USD 10.5) for all respondents. This is worth 1.6% of the price for a conventional non-RE100 smartphone (KRW 750,000 or USD 673.9) and is higher than the cost increase (0.97%) when producing RE100 smartphones. Therefore, it can be seen that South Korean consumers have sufficient acceptance for RE100 smartphones.


2018 ◽  
Vol 10 (10) ◽  
pp. 3438 ◽  
Author(s):  
Christos Ioakimidis ◽  
Konstantinos Genikomsakis

This paper considers the case of São Miguel in the Azores archipelago as a typical example of an isolated island with high renewable energy potential, but low baseload levels, lack of energy storage facilities, and dependence on fossil fuels that incurs high import costs. Using the Integrated MARKAL-EFOM System (TIMES), a number of scenarios are examined in order to analyze and assess the potential benefits from the implementation of a seawater pumped-storage (SPS) system, in the absence or presence of electric drive vehicles (EDVs) under a grid-to-vehicle (G2V) approach. The results obtained show that the proposed solution increases the penetration of renewable energy in the system, thus reducing the dependence on fossil fuel imports and allowing, at the same time, for the deployment of EDVs as a promising environmentally friendly alternative to conventional vehicles with internal combustion engines.


SURG Journal ◽  
2014 ◽  
Vol 7 (2) ◽  
pp. 24-31
Author(s):  
Nathaniel Whittingham

The Ontario Government passed the Ontario Green Energy and Green Economy Act in 2009. The Act promoted wind turbines and solar panels as a major component of the energy supply for the Province of Ontario as a replacement for coal-fired electricity generation plants. This article provides an economic assessment of the rationales that were offered for this policy, specifically, that the Act would help the Government of Ontario reduce the province’s reliance on fossil fuels, reduce carbon emissions, and stimulate the economy through the creation of jobs. The effects of the policy on the cost of electricity in the province are also considered. The analysis concludes that the Act will not reduce the Province of Ontario’s reliance on fossil fuels due to the inefficiency and unpredictability of wind turbines, ultimately leading to the need to use energy from more readily available sources of electricity such as gas. The need for fossil fuel backup also limits the potential to reduce the green house gas emissions. Keywords: Ontario Green Energy and Green Economy Act (2009); renewable energy; economic review


2020 ◽  
Vol 8 (1) ◽  
pp. 8-17
Author(s):  
Md. Zahidul Islam ◽  
Nusrat Jahan Onny ◽  
Suman Chowdhury

The energy resources from the fossil fuels are decreasing day by day. Rather fossil fuel is costly, it creates environmental problems by producing and NOx in the environment. Now it is argent to find a solution. The solution can be renewable energy. In this paper the effort was to find the utility of biodiesels in the conventional diesel engine. This biofuel or biodiesel is extracted from Soybean methyl ester (SME). We compared the basic performance characteristics diesel, SME 20 and SME 100 in unmodified diesel engine. This experiment will be helpful to find out the utility of SME type biodiesel in conventional diesel engine so that the uses of fossil fuels can be reduced in quick rental power plants and other uses. We can use biodiesel as substitute in an economic tariff and efficient way.


2021 ◽  
Vol 75 (3) ◽  
pp. 156-162
Author(s):  
Kun Zhao ◽  
Wen Luo ◽  
Noris Gallandat ◽  
Jie Zhang ◽  
Andreas Züttel

The storage of renewable energy is crucial for the substitution of fossil fuels with renewable energy. Hydrogen is the first step in the conversion of electricity from renewable sources to an energy carrier. However, hydrogen is technically and economically challenging to store, but can be converted with CO2 from the atmosphere or oceans to hydrocarbons. The heterogeneously catalyzed gas phase reaction and the electrochemical CO2 reduction are reviewed and the application of a new type of reactor is described. The mechanism of the gas phase CO2 reduction on a heterogeneous catalyst is shown in detail and the function of the supported catalyst is explained. Finally, an economic estimation on the cost of synthetic methane is presented which leads to a cost of 0.3 CHF/kWh in CH4.


Author(s):  
Winfried Schäfer

Assessment results of renewable energy supply in agriculture and forestry are often questionable because 1. the methodology does not describe the nature dependent conditions of agricultural production, 2. there is no standard system boundary, 3. thermodynamic laws are violated and/or ignored, 4. direct and embodied energy is mixed, 5. the mainstream life cycle analysis (LCA) takes downstream and upstream inputs arbitrarily into consideration, depending on the research objectives and the research-funding agency. Thus, the calculation results neglect a wide range of specific energy input figures of upstream and down-stream factors outside farm level resulting in non-comparable figures. The EROI describes the ratio between energy output and input. The advantage of this measure is that energy input and output of fuel supply as well as the resulting CO2 emissions are comparable. There are no standards to calculate the indirect energy input of commodities and services hidden in monetary inputs (insurances, rent for land, subsidies and fees etc.). They are usually excluded because procedures to handle them as energy input are rare. The easiest way to quantify the indirect energy is the use of the energy intensity (EI). Multiplying the price of any good or service with the energy intensity results in a rough estimation of energy embodied in the good or service. Applying the EROI and the EI to compare the efficiency of fossil and renewable energy supply released the following results: Substitution of fossil fuels by renewable ones causes always additional costs. Most known renewable energy supply techniques need more energy than fossil fuel exploitation. Polluting the environment is - for the time being – the most competitive alternative. Renewable engine fuel, produced from biomass, is not competitive with fossil fuels in terms of EROI. The energy of one ha biomass may substitute gasoline to drive a car 40 000 km with biogas. Electric power harnessed from one ha solar panels enables to drive an electric vehicle 5 000 000 km applying the same calculation method. The most efficient way to mitigate CO2 emissions is to include the entropy of agricultural products in energy policy decision making. Albeit wood has a high EROI, processing fuels from wood of low entropy makes no sense: Producing a table from a tree and burning the residues and the table at the end of its lifetime renders the same energy gain as using the tree for fuel only. The EROI of fossil fuels remains probably on high level during the next 50 to 100 years. Oil and gas will be replaced by coal, in Finland also by nuclear power, peat and wood. Although biomass is more renewable than fossil fuels, its EROI is lower and substitution will not reduce CO2 emissions. Climate change may force humankind to reduce fossil fuel consumption. The only sustainable way to achieve this is reduction of fossil fuel exploitation.


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