scholarly journals A Comparative Study of Economic Policies Based on Green Energy Transformation

2021 ◽  
Author(s):  
Jianfei Shen ◽  
Jingjie Li ◽  
Yidan Chen
Keyword(s):  
Energy Transition ◽  
Transition Process ◽  
Green Energy ◽  
Energy Structure ◽  
Economic Policies ◽  
Low Carbon ◽  
Policy System ◽  
Green Finance ◽  
Key Factor ◽  
Policy Systems

Faced with increasingly serious climate and environmental problems, the green transformation of the energy structure is imminent. Energy development is related to a country’s economic lifeline, and the level of energy green transition is a key factor in determining the degree of low-carbon economic development. As an important way to internalize the externalities of environmental behavior, the degree of perfection of economic policies has a direct impact on the energy transition process. As an important means to promote the adjustment of energy structure, economic policies can internalize the positive or negative externalities of corporate environmental behaviors, and play an unparalleled role in the process of promoting the green transformation of energy. This article takes Germany, France, Japan, and Australia as the research objects of the four countries with relatively advanced energy transition economic policy systems, and fully analyzes the above-mentioned countries’ practices in fiscal and taxation policies, green finance, and market systems, and combines China’s energy transition economic policies. Implementation status, and corresponding suggestions for the construction of China’s energy transition policy system.

scholarly journals French Energy Sector in Search for Optimal Model

2019 ◽  
Vol 12 (5) ◽  
pp. 156-171
Author(s):  
A. V. Zimakov
Keyword(s):  
Power Generation ◽  
Nuclear Power ◽  
Nuclear Reactors ◽  
Current Model ◽  
Energy Transition ◽  
Clean Energy ◽  
Green Energy ◽  
Electricity Production ◽  
Low Carbon ◽  
The Eu

Clean energy transition is one of major transformation processes in the EU. There are different approaches among EU countries to decarbonization of their energy systems. The article deals with clean energy transition in France with the emphasis on power generation. While this transformation process is in line with similar developments in the EU, the Franch case has its distinct nature due to nuclear power domination in electricity production there. It represents a challenge for the current model as the transition is linked to a sharp drop of nuclear share in the power mix. It is important to understand the trajectory of further clean energy transition in France and its ultimate model. The article reviews the historical roots of the current model (which stems from Messmer plan of the 1970-es) and its development over years, as well as assesses its drawbacks and merits in order to outline possible future prospects. The conclusion is that the desired reduction of nuclear energy is linked not solely to greening process but has a complex of reasons, the ageing of nuclear reactors being one of them. Nuclear power remains an important low-carbon technology allowing France to achieve carbon neutrality by 2050. A desired future energy model in France can be understood based on the analysis of new legislation and government action plans. The targeted model is expected to balance of nuclear and green energy in the generation mix in 50% to 40% proportion by 2035, with the rest left to gas power generation. Being pragmatic, French government aims at partial nuclear reactors shut down provided that this will not lead to the rise of GHG emissions, energy market distortions, or electricity price hikes. The balanced French model is believed to be a softer and socially comfortable option of low-carbon model.

scholarly journals Mainstreaming Energy Communities in the Transition to a Low-Carbon Future: A Methodological Approach

Energies ◽  
2020 ◽  
Vol 13 (7) ◽  
pp. 1597 ◽  
Author(s):  
Sara Torabi Moghadam ◽  
Maria Valentina Di Nicoli ◽  
Santiago Manzo ◽  
Patrizia Lombardi
Keyword(s):  
Low Income ◽  
General Procedure ◽  
Methodological Approach ◽  
Energy Transition ◽  
Renewable Energies ◽  
Vulnerable Groups ◽  
Energy Structure ◽  
Low Carbon ◽  
Horizon 2020 ◽  
Stock Ownership Plans

Innovations in technical, financial, and social areas are crucial prerequisites for an effective and sustainable energy transition. In this context, the construction of a new energy structure and the motivation of the consumer towards a change in their consumption behaviours to balance demand with a volatile energy supply are important issues. At the same time, Consumer Stock Ownership Plans (CSOPs) in renewable energies sources (RESs) have proven to be an essential cornerstone in the overall success of energy transition. Indeed, when consumers acquire ownership in RES, they become prosumers, participating in the phase of production and distribution of energy. Prosumers provide benefits by (1) generating a part of the energy they consume, (2) reducing their overall expenditure for energy, and (3) receiving a second source of income from the sale of excess production. Supporting Consumer Co-Ownership in Renewable Energies (SCORE) is an ongoing Horizon 2020 project with the aim of overcoming the usage of energy from fossil sources in favour of RES, promoting the creation of energy communities (EC) and facilitating co-ownership of renewable energies (RE) for consumers. SCORE hereby particularly emphasises the inclusion of women, low-income households, and vulnerable groups affected by fuel poverty that are as a rule excluded from RE investments. In this framework, the main goal of the present study is to illustrate the general procedure and process of EC creation. In particular, this paper focuses on the description of the methodological approach in implementing the CSOP model which consists of three main phases: the identification and description of selected buildings (preparation phase), the preliminary and feasibility analysis phase, and finally the phase of target group involvement. SCORE first started in three pilot regions in Italy, Czech Republic, and Poland, and later, with the aim of extending the methodology, in various other cities across Europe. In this study, Italian pilot study sites were chosen as a case study to develop and test the methodology.

Considering Public Policy about Low-Carbon Economy

2011 ◽  
Vol 268-270 ◽  
pp. 1721-1725
Author(s):  
Ying Nan Nie ◽  
Yuan Yuan Peng
Keyword(s):  
Policy Development ◽  
National Development ◽  
Chinese Government ◽  
Economic Policies ◽  
Low Carbon ◽  
Carbon Policy ◽  
Policy System ◽  
Low Carbon Economy ◽  
Quantitative Development ◽  
Carbon Economy

In the context of globalization and low-carbon economy, the Chinese government has drawn up a number of policies and policy experiments to carry out low-carbon economy. But these policies are not perfect, there are still some problems in the formulation process to adapt to the phenomenon of the low level of the national development, the high degree of the “input level”, the policy pilot of the promotion. In response to these phenomena, this paper proposes innovative mechanisms to promote the policy system. The establishment of low-carbon-based government to improve public participation in policy development, the strategies that track the pilot survey of policy, the use of a combination of scientific method such as qualitative and quantitative development of low carbon policy, the low-carbon cycle mechanisms and publicly available information system will be conducive to low-carbon economic policies favorable operating in China.

scholarly journals Higher cost of finance exacerbates a climate investment trap in developing economies

2021 ◽  
Vol 12 (1) ◽  
Author(s):  
Nadia Ameli ◽  
Olivier Dessens ◽  
Matthew Winning ◽  
Jennifer Cronin ◽  
Hugues Chenet ◽  
...  
Keyword(s):  
Cost Of Capital ◽  
Developing Economies ◽  
Low Cost ◽  
Weighted Average ◽  
Energy Transition ◽  
Green Energy ◽  
Electricity Production ◽  
Low Carbon ◽  
Policy Interventions ◽  
The Cost

AbstractFinance is vital for the green energy transition, but access to low cost finance is uneven as the cost of capital differs substantially between regions. This study shows how modelled decarbonisation pathways for developing economies are disproportionately impacted by different weighted average cost of capital (WACC) assumptions. For example, representing regionally-specific WACC values indicates 35% lower green electricity production in Africa for a cost-optimal 2 °C pathway than when regional considerations are ignored. Moreover, policy interventions lowering WACC values for low-carbon and high-carbon technologies by 2050 would allow Africa to reach net-zero emissions approximately 10 years earlier than when the cost of capital reduction is not considered. A climate investment trap arises for developing economies when climate-related investments remain chronically insufficient. Current finance frameworks present barriers to these finance flows and radical changes are needed so that capital is more equitably distributed.

scholarly journals A systematic bibliometric review of clean energy transition: Implications for low-carbon development

PLoS ONE ◽  
2021 ◽  
Vol 16 (12) ◽  
pp. e0261091
Author(s):  
Wei Zhang ◽  
Binshuai Li ◽  
Rui Xue ◽  
Chengcheng Wang ◽  
Wei Cao
Keyword(s):  
Energy Efficiency ◽  
Energy Transition ◽  
Clean Energy ◽  
Biomass Energy ◽  
Energy Structure ◽  
Low Carbon ◽  
Research Attention ◽  
Improve Energy Efficiency ◽  
Low Carbon Development ◽  
Venture Capital Investments

More voices are calling for a quicker transition towards clean energy. The exploration and exploitation of clean energy such as wind energy and solar energy are effective means to optimise energy structure and improve energy efficiency. To provide in-depth understanding of clean energy transition, this paper utilises a combination of multiple bibliometric mapping techniques, including HistCite, CiteSpace and R Bibliometrix, to conduct a systematic review on 2,191 clean energy related articles obtained from Web of Science (WoS). We identify five current main research streams in the clean energy field, including Energy Transition, Clean Energy and Carbon Emission Policy, Impact of Oil Price on Alternative Energy Stocks, Clean Energy and Economics, and Venture Capital Investments in Clean Energy. Clearly, the effectiveness of policy-driven and market-driven energy transition is an important ongoing debate. Emerging research topics are also discussed and classified into six areas: Clean Energy Conversion Technology and Biomass Energy Utilisation, Optimisation of Energy Generation Technology, Policy-Making in Clean Energy Transition, Impact of Clean Energy Use and Economic Development on Carbon Emissions, Household Use of Clean Energy, and Clean Energy Stock Markets. Accordingly, more and more research attention has been paid to how to improve energy efficiency through advanced clean energy technology, and how to make targeted policies for clean energy transition and energy market development. This article moves beyond the traditional literature review methods and delineates a systematic research agenda for clean energy research, providing research directions for achieving low-carbon development through the clean energy transition.

scholarly journals EUROPEAN GREEN DEAL AND NEW OPPORTUNITIES FOR THE DEVELOPMENT OF RENEWABLE ENERGY

2021 ◽  
Vol 43 (1) ◽  
pp. 75-81
Author(s):  
T.A. Zheliezna
Keyword(s):  
Renewable Energy ◽  
Renewable Energy Sources ◽  
Sustainable Use ◽  
Energy Transition ◽  
Clean Energy ◽  
Green Energy ◽  
Low Carbon ◽  
Climate Neutrality ◽  
Goals And Objectives

The aim of the work is to develop recommendations for Ukraine on setting long-term integrated climate and energy goals and identifying ways to achieve them. The preconditions, main goals and objectives of the European Green Deal, which was presented by the European Commission in December 2019, are analyzed. The European Green Deal is a comprehensive strategy for the transition to a sustainable economy, clean energy and climate neutrality, i.e., zero greenhouse gas emissions, in Europe by 2050. The adoption of this Deal was preceded by several stages of a coherent EU policy in the relevant sectors. Possibilities for renewable energy development within the framework of the European Green Deal are considered. It is determined that preference is given to the production of green electricity, mobilization of the potential of offshore renewable energy, production of biogas and biofuels from biomass of agricultural origin, sustainable use of low-carbon and renewable fuels, including biomass and hydrogen, in hard-to-electricity sectors. In Ukraine, the document that is closest by its contents to the European Green Deal is the draft Concept of green energy transition until 2050 presented in January 2020. The draft Concept states the goal of achieving 70% of renewable energy sources in electricity generation by 2050 and the climate-neutral economy of Ukraine by 2070. It is recommended that this document should be finalized and adopted formally as soon as possible.

scholarly journals Impact of thedevelopment of the biofuels industry on food securitytake the fuel ethanol industry as an example

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
Guoxia Xu
Keyword(s):  
Production Capacity ◽  
Economic Incentives ◽  
Raw Material ◽  
Biofuel Production ◽  
Energy Structure ◽  
Food Crops ◽  
Low Carbon ◽  
Production Scale ◽  
Policy System ◽  
Domestic Food

<p>Asa kind of low carbon energy, biofuels have energy security, optimize energy structure, reduce carbon<br />emissionS and other important role.However, theoretical model analysis and foreign experience shows the major food<br />as the the raw cropsBiofuel production may produced to reclaim land and grain, the influence of the increase food,<br />prices, and TransmissIon mechanism through international trade impact on the global food supply and prices.Changes<br />of domestic COM and other food crops planting area of correlation analysis showed this current corn-based biofUels<br />production scale has not impact cm other food crops and prices.But, as withfood crops or food crops as raw material to<br />the expansion of biofuel productiOn, it'll inevitably impact on domestic food production and price, for this reason, this<br />article preliminary estimates THe is the three kinds of biofuels production capacity influence on domestic food<br />production and pricesFood security and industry development dual goal from industry guidance and regulation, industry<br />technical support, theDustrial economic incentives Three aspects put forwardthe development of biofuel industry the<br />policy system and policy</p>

scholarly journals China’s Energy Transition Policy Expectation and Its CO2 Emission Reduction Effect Assessment

2021 ◽  
Vol 8 ◽  
Author(s):  
Di Wang ◽  
Xue Liu ◽  
Xiaodi Yang ◽  
Zhiyuan Zhang ◽  
Xinchen Wen ◽  
...  
Keyword(s):  
Emission Reduction ◽  
Energy Transition ◽  
Control Group ◽  
Energy Structure ◽  
Baseline Scenario ◽  
Low Carbon ◽  
Structure Transition ◽  
Reduction Effect ◽  
Transition Policy ◽  
The Impact

Measuring the expected impact of China’s energy transition on carbon dioxide (CO2) mitigation and identifying the key influencing factors in different economic sectors will help to provide better policy recommendations for CO2 emission reduction. Based on the prediction results of China’s CO2 emissions in 2030 under the baseline scenario and the target scenario, this study constructs the control group and the treatment group of the energy transition policy quasinatural experiment and then uses the difference in difference (DID) model to evaluate the CO2 emission reduction effect of China’s energy transition policy. The results reveal that the energy transition policy has a significant impact on CO2 emission reduction and helps to achieve China’s 2030 carbon emission reduction target. The impact of energy structure transition on CO2 emission reduction has significant sectoral heterogeneity, which has a positive reduction effect in the industry sector, wholesale and retail sectors, and accommodation and catering sectors, but its reduction effect is not obvious in transportation, storage, and postal sectors. It is suggested that China should implement the sector-differentiated CO2 mitigation strategy, focus on improving the industrial sector’s energy efficiency, and promote the clean, low-carbon transition of energy consumption structure in construction, transportation, storage, and postal industries.

Pametna i socijalno odgovorna energetska tranzicija u regionima sa intenzivnom eksploatacijom uglja

2021 ◽  
Vol 23 (3) ◽  
pp. 73-79
Author(s):  
Jasmina Mandić Lukić ◽  
◽  
Đorđina Milovanović ◽  
Maja Stipić ◽  
Sanja Petrović Bećirović ◽  
...  
Keyword(s):  
Climate Change ◽  
Climate Change Mitigation ◽  
Action Plan ◽  
Energy Transition ◽  
Transition Process ◽  
Energy System ◽  
Mitigation Measures ◽  
Low Carbon ◽  
The Law ◽  
Change Mitigation

Faced with forthcoming international obligations related to climate change mitigation measures, primarily planned to be reflected through the Law and Action Plan on Low Carbon Development Strategy, as well as the Law on Climate Change, all of which are currently being defined and adopted, Serbia is increasingly facing a need to switch its coal-fired facilities to alternative, environmentally more acceptable options. The related measures will have to be implemented much sooner than initially planned. Knowing that 80% of national GHG emissions originate from the energy sector, as well as that the dominant portion of those emissions results from the use of locally available coal, it is clear that the most efficient climate change mitigation measure would be a switch to alternative fuel options. However, having in mind that such an energy transition process is coupled with significant technological, environmental, economic, social, and other difficulties, the EU has initiated several projects, and one of them is TRACER, launched under the Horizon 2020 program, that strives to shed light on the best research and innovation strategies facilitating easier transition to the sustainable, low carbon energy system. The project addresses actions across nine coal-intensive European regions, including Kolubara Region in Serbia. The paper presents technological, environmental, and social challenges in the transition process, with an emphasis on the Kolubara region, and a proposal for the energy transition in Serbia respecting R&I strategies and Smart Specialization.

Alternatives of Global Energy: Transformational Trends and Risks

2021 ◽  
Vol 65 (10) ◽  
pp. 33-44
Author(s):  
I. Sechin
Keyword(s):  
Alternative Energy ◽  
World Economy ◽  
Oil And Gas ◽  
Energy Transition ◽  
Oil And Gas Industry ◽  
Green Energy ◽  
Low Carbon ◽  
Public Companies ◽  
Carbon Neutrality ◽  
Goods And Services

The article contributes to the literature in three main areas. First, new tendencies and challenges of development of world economy and energy caused by the crisis induced by the COVID&#8209;19 pandemic are revealed, including: the regionalization of markets that creates additional basis for development of multipolar world; the aggravating instability of the alternative energy; the rising risks of disruption of long-term stability of oil supplies due to the underinvestment and risks of sharp oil and gas shortage; the tendency to the consolidation and enlargement of producers in oil and gas sectors, what is also increasingly possible in the Russian oil and gas industry. Second, perspectives of “green” energy to become a basis for development of world economy are analyzed. Obstacles to continuing development of “green” energy are stressed, including: the necessity of extraordinary large investments in development of economically feasible technologies; the expected acute deficit of materials for energy transition, including lithium, nickel, cobalt and other metals as well as low economic efficiency of low carbon solutions placing additional burden on consumers. The thesis of urgent importance of balanced energy development and inadmissibility of relying exclusively on alternative electricity generation is advanced. Third, shifts in strategies of global investors who presently pay the increasing attention to ecological programs, investing into carbon neutrality, green rebranding and shares buyback schemes at the expense of the fundamental financial and operational indicators. Combined with cases of court interventions in corporate decision making that exerts pressure on public companies who are forced to abandon oil and gas projects. The article argues that such an optimization doesn’t solve the task of global reduction of greenhouse gases emissions and achieving carbon neutrality. A tendency for issuing of new instruments and emergence of new models of investment behavior which distort the share prices is discovered. Meantime companies with state participation and private companies are less dependent on the volatile expectations in the stock market. The article also considers the issue of ecological purity of oil and concludes that introduction of transparent system of evaluation and certification of goods and services, recognized by the whole world community is expedient.

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