Renewable Energy, Energy Efficiency, and CO2 emissions in Developing Countries: Evidence from the Pesaran (2006) Common Correlated Effects Model

2020 ◽  
Author(s):  
Nicolas Schneider
Author(s):  
Asma Esseghir

<p>Awareness of climate change dangers on environmental sustainability has prompted some researcher to understand the explanatory factors behind increasing greenhouse gas (GHG) emissions. Being the most important anthropogenic GHG in the atmosphere and the main cause of the environmental degradation, this paper aims to investigate the factors that are associated with variations in CO2 emissions in the Union for the Mediterranean (UfM) countries from 1990 to 2010, in order to design and implement appropriate policies. We use the Dynamic Common Correlated Effects (DCCE) estimation method regarding its power in the presence of heterogeneity and cross-sectional dependence between variables. We find that improvement in energy efficiency and increasing use of renewable energy would positively affect CO2 emissions abatement. However, economic growth and industrialization development affect it negatively. Country analysis shows that the negative effect of economic activity on CO2 appears more in developing countries. Industrialization negatively affects CO2 emissions - mainly in developed countries. The positive effect of renewable energy as well as energy efficiency in curbing CO2 emissions is well pronounced in developed countries. Results also prove that the UfM developed and developing countries illustrate complementarities and necessities of exchanging and sharing to fight against climate change.</p>


2021 ◽  
Vol 18 (1) ◽  
pp. 95-114
Author(s):  
Ana Radojevic ◽  
Danijela Nikolic ◽  
Jasna Radulovic ◽  
Jasmina Skerlic

The implementation of energy efficiency measures and use of renewable energy sources in educational buildings can significantly contribute to reducing energy consumption, but also to CO2 emissions in the entire public sector. The paper shows the comparison of energy consumption indicators for 61 elementary school buildings which have previously been divided in 12 groups, according to the period of construction and size, based on the national typology called TABULA, as the first step of further study on how to use the renewable energy sources. The aim of this paper is to use the energy benchmarking process to select representative facilities which are suitable for applying renewable energy sources, for their further energy efficiency improvement. Indicators of annual specific electricity consumption and CO2 emissions per unit area [kWh/m2] and per user [kWh/user] were calculated. After that, from two groups (in which the highest electricity consumption and CO2 emissions are 68.37% and 74.53% of the total consumption/ emissions), one representative facility was selected.


2013 ◽  
Vol 8 (2) ◽  
pp. 3-15
Author(s):  
Saadia Barbhuiya ◽  
Salim Barbhuiya

INTRODUCTION In this paper an attempt has been made to provide the best options for renewable energy and low carbon technologies to reduce CO2 emissions from a detached house built in 1950 and located in London. The options for energy efficiency measures—photovoltaics, solar thermal, wind turbine, ground source heat pump, Gas CHP—have been evaluated on the basis of energy and CO2 savings and technical viability. The main conclusions derived from this study are summarised in this paper.


2022 ◽  
Author(s):  
Faisal Mehmood Mirza ◽  
Avik Sinha ◽  
Javeria Rehman Khan ◽  
Olga A. Kalugina ◽  
Muhammad Wasif Zafar

2021 ◽  
Vol 10 (4) ◽  
pp. 713-729
Author(s):  
Rice Verouska Nono Seutche ◽  
Marie Sawadogo ◽  
Firmin Nkamleu Ngassam

Burkina Faso like many other African countries hosts many renewable energy (RE) and energy efficiency (EE) projects that are not registered to the clean development mechanism (CDM), but which could represent potential CDM opportunities. This study seeks to determine these projects’ impact on the level of CO2 emissions in the country, and to determine their CDM potential by quantifying their carbon emissions reduction, using approved CDM methodologies adapted to the projects. 21 RE projects and 7 EE projects were considered, and all proven to be additional. Results revealed that, 68709.424 MWh and 9430.446MWh were saved and displaced by the EE and RE projects respectively annually, accounting for 48157.668 tCO2e emissions reduced annually. This accounts for a 63.12% emissions reduction from the baseline scenario and represents a huge potential for the CDM, ready to be harnessed. The total amount of emissions reduced could generate about 48157.668 Certified Emissions Reduction (CERs) yearly. Considering a carbon price of $10/tCO2e and a 10-year fixed crediting period starting from 2020 would imply a total revenue of $4815766.8 in 2030 from the CERs , which will increase the sector’s attractiveness to investors. Policies promoting the registration of these projects to the CDM are essential to boost the development of more of such projects in the country/ region, which will benefit from the sustainable development the CDM offers, while contributing to the achievement of its Intended Nationally Determined Contributions.


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