scholarly journals Low-Carbon R&D Can Boost EU Growth and Competitiveness

Energies ◽  
2020 ◽  
Vol 13 (19) ◽  
pp. 5236 ◽  
Author(s):  
Kostas Fragkiadakis ◽  
Panagiotis Fragkos ◽  
Leonidas Paroussos
Keyword(s):  
Value Added ◽  
Learning By Doing ◽  
Low Carbon ◽  
Public And Private ◽  
Economic Implications ◽  
Research And Innovation ◽  
And Performance ◽  
Low Carbon Technologies ◽  
Climate Neutrality ◽  
The Eu

Research and Innovation (R&I) are a key part of the EU strategy towards stronger growth and the creation of more and better jobs while respecting social and climate objectives. In the last decades, improvements in costs and performance of low-carbon technologies triggered by R&I expenditures and learning-by-doing effects have increased their competitiveness compared to fossil fuel options. So, in the context of ambitious climate policies as described in the EU Green Deal, increased R&I expenditures can increase productivity and boost EU economic growth and competitiveness, especially in countries with large innovation and low-carbon manufacturing base. The analysis captures the different nature of public and private R&I, with the latter having more positive economic implications and higher efficiency as it is closer to industrial activities. Public R&D commonly focuses on immature highly uncertain technologies, which are also needed to achieve the climate neutrality target of the EU. The model-based assessment shows that a policy portfolio using part of carbon revenues for public and private R&D and development of the required skills can effectively alleviate decarbonisation costs, while promoting high value-added products and exports (e.g., low-carbon technologies), creating more high-quality jobs and contributing to climate change mitigation.

scholarly journals The EU ETS and its companion policies: any insight for China's ETS?

2021 ◽  
pp. 1-19
Author(s):  
Stefano F. Verde ◽  
Giulio Galdi ◽  
Isabella Alloisio ◽  
Simone Borghesi
Keyword(s):  
Emissions Trading ◽  
Eu Ets ◽  
Low Carbon ◽  
Trading System ◽  
Major Market ◽  
Ex Post ◽  
European Experience ◽  
Low Carbon Technologies ◽  
Emissions Trading System ◽  
The Eu

Abstract This paper analyses the role that companion policies have had in the reduction of emissions regulated by the EU Emissions Trading System (EU ETS) and the related policy interactions, with a view to identifying relevant insights for China's forthcoming Emissions Trading System (ETS). The investigation rests on: (a) the observation of the EU's and China's ETSs and policy mixes; (b) economic theory concerning companion policies and ETS design; and (c) empirical ex-post evidence from the EU ETS. Three main conclusions emerge from the analysis. First, China's ETS, while not imposing a fixed cap on emissions, will not be immune to waterbed effects of companion policies. Second, the European experience stresses the importance of making explicit the objectives pursued by companion policies, and of balancing policies for innovation and policies for adoption of low-carbon technologies. Third, in the presence of a major market surplus, only permanent adjustments to allowance supply can be effective in raising prices.

scholarly journals Energy Transition Investments and Financing Instruments

Federalism ◽  
2021 ◽  
pp. 100-114
Author(s):  
N. V. Bahtizina ◽  
A. R. Bahtizin
Keyword(s):  
Electric Vehicles ◽  
World Economy ◽  
Energy Transition ◽  
Clean Energy ◽  
Developed Countries ◽  
Low Carbon ◽  
Innovation Fund ◽  
The Usa ◽  
Low Carbon Technologies ◽  
The Eu

International organizations representing the interests of energy-deficient developed countries are urging to solve the problem of global warming through the Energy Transition, which implies decarbonization of the world economy. The implementation of the Energy Transition requires annual investments of 3% of world GDP in energy efficiency, renewable energy, electric vehicles, etc. In 2020, despite the acceleration of dynamics, the volume of world investments was more than 5 times lower than required. The leaders in investments in clean energy are the technologically developed countries of Europe, the USA, Japan, as well as developing countries – China and Brazil, striving for technological independence. In order to expand its presence in the promising market for low carbon technologies, the EU pays special  attention  to  innovations  in  the  field  of  clean  energy,  financing  them  through  the Innovation Fund. To prevent Russia’s technological backwardness and reduce the carbon footprint of export products, it is advisable to envisage the possibility of state support for innovative projects in the field of clean energy from the Climate Fund.

scholarly journals Implementation of a Strategy of Smart Specialization in the EU Countries and Ukraine

2018 ◽  
Keyword(s):  
Value Chain ◽  
Scientific Practice ◽  
Low Carbon ◽  
Development Fund ◽  
Regional Specialization ◽  
Eu Countries ◽  
Research And Innovation ◽  
Smart Specialization ◽  
Comparison Of The Results ◽  
The Eu

The purpose of the article is to study the experience of implementation of the strategy of smart specialization in the EU and to determine the possibilities of implementing the principles of smart specialization for the pilot regions of Ukraine. As a result of the study, it has been found that the strategy of smart specialization should ideally be more integrative in research and innovation-oriented innovation policies, cohesion policy, European value chain and network initiatives, industrial policy, and in the future, will expand the current scale of dissemination, which was recognized by the European Commission. So, for the next programming period (2021-2027) proposed, among other things, that most of the funds of the European Regional Development Fund and the Cohesion Fund will go to the development of innovation, support for small business, digital technologies and industrial modernization. It will also mean the transition to a low-carbon, circular economy, and the fight against climate change. The implementation of the principles of smart specialization for the EU countries, characterized by the openness of innovative systems, creates conditions for the modernization of technology and regional specialization, in order to provide unique territorial competitive advantages. The peculiarity of the introduction of the concept of smart specialization for the EU regions with the availability of significant scientific and innovative potential, powerful clusters and developed infrastructure is the application of one of the important principles of smart specialization of «entrepreneurial search», that is, the initiation of a policy of smart specialization «from the bottom up».However, it should be noted that the use of this principle in practice is problematic both for the EU countries and for Ukraine, which is in the process of gradual decentralization. The reliability of the results of the study carried out in the paper is ensured using tools for generalization and processing of official statistics, expert reports, author’s observations and calculations. The validity of the results obtained is due to the correctness of the application of the research and analytical apparatus, tested in scientific practice, and due to the comparison of the results of work and the data of international experience. The basis for the proposed recommendations was the evidence of analytical conclusions.

scholarly journals Exploring EU’s Regional Potential in Low-Carbon Technologies

2020 ◽  
Vol 13 (1) ◽  
pp. 32
Author(s):  
Enrico Bergamini ◽  
Georg Zachmann
Keyword(s):  
High Tech ◽  
Economic Policies ◽  
Low Carbon ◽  
The European Union ◽  
Regional Innovation ◽  
Green Technologies ◽  
Public And Private ◽  
Technological Advantage ◽  
Causality Tests ◽  
Low Carbon Technologies

This research builds on the regional innovation literature, and aims to better understand the potential for, and development of, low-carbon technologies in the European Union. Exploiting the OECD’s REGPAT for regionalised patent data, we estimate the potential advantage of European NUTS2 regions have in 14 green technologies. We use network proximity between technologies and between regions to understand technological/regional clusters of revealed technological advantage and build the regressors for estimating regional potential advantage in specific technologies via zero-inflated beta regressions. Based on this, we explore the region-technology networks, finding two gravity centres for green innovation in France’s and Germany’s industrial and high-tech hubs (Île de France, Stuttgart, and Oberbayern). We also construct a dataset of lagged potentials and labour market, economic and demographic variables, and perform an elastic net regularisation to understand the association with current revealed advantages. Our approach indicates an association between technological advantage in green technologies and the (lags of) participation rates in labour markets, sectoral employment in science and technology, general higher education, duration of employment, percentage of GDP spent on R&D (public and private) and other expenditure on R&D. If confirmed by causality tests, the established associations could help in designing horizontal economic policies to enable specific regions to realise their specialisation potential in specific green technologies.

Optimal approaches to manage power system decarbonation

2020 ◽  
Vol 64 (1-4) ◽  
pp. 1447-1452
Author(s):  
Vincent Mazauric ◽  
Ariane Millot ◽  
Claude Le Pape-Gardeux ◽  
Nadia Maïzi
Keyword(s):  
Free Energy ◽  
Linear Programming ◽  
Phase Transitions ◽  
Power System ◽  
Energy System ◽  
Energy Sources ◽  
Low Carbon ◽  
Faraday’S Law ◽  
Optimal Description ◽  
Low Carbon Technologies

To overcome the negative environemental impact of the actual power system, an optimal description of quasi-static electromagnetics relying on a reversible interpretation of the Faraday’s law is given. Due to the overabundance of carbon-free energy sources, this description makes it possible to consider an evolution towards an energy system favoring low-carbon technologies. The management for changing is then explored through a simplified linear-programming problem and an analogy with phase transitions in physics is drawn.

On the Future of the Financial Redistribution across Member States in the EU

2006 ◽  
Vol 56 (1) ◽  
pp. 1-43
Author(s):  
Sándor Richter
Keyword(s):  
Value Added ◽  
The Other ◽  
Current Debate ◽  
Member States ◽  
New Member States ◽  
Financial Position ◽  
Cross Member ◽  
Expenditure Structure ◽  
The Eu ◽  
Made In

The order and modalities of cross-member state redistribution as well as the net financial position of the member states are one of the most widely discussed aspects of European integration. The paper addresses selected issues in the current debate on the EU budget for the period 2007 to 2013 and introduces four scenarios. The first is identical to the European Commission's proposal; the second is based on reducing the budget to 1% of the EU's GNI, as proposed by the six net-payer countries, while maintaining the expenditure structure of the Commission's proposal. The next two scenarios represent radical reforms: one of them also features a '1% EU GNI'; however, the expenditures for providing 'EU-wide value-added' are left unchanged and it is envisaged that the requisite cuts will be made in the expenditures earmarked for cohesion. The other reform scenario is different from the former one in that the cohesion-related expenditures are left unchanged and the expenditures for providing 'EU-wide value-added' are reduced. After the comparison of the various scenarios, the allocation of transfers to the new member states in terms of the conditions prevailing in the different scenarios is analysed.

The Role of Research and Innovation in the Transformation of Agri-Food Systems

2018 ◽  
Vol 12 (2) ◽  
pp. 60-63
Author(s):  
Mariana Sandu ◽  
Stefan Mantea
Keyword(s):  
Technological Progress ◽  
Food Systems ◽  
Food System ◽  
Agricultural Research ◽  
Research And Innovation ◽  
And Performance ◽  
The Impact ◽  
Determinant Factor ◽  
Rapid Transformation

Abstract Agri-food systems include branching ramifications, which connect in the upstream the input suppliers with farmers, and downstream farmers, processors, retailers and consumers. In the last decades, at the level of the regions, food systems have undergone rapid transformation as a result of technological progress. The paper analyzes the changes made to the structure, behavior and performance of the agri-food system and the impact on farmers and consumers. Also, the role of agricultural research as a determinant factor of transformation of agri-food system is analyzed. The research objective is to develop technologies that cover the entire food chain (from farm to fork) and meet the specific requirements of consumers (from fork to farm) through scientific solutions in line with the principles of sustainable agriculture and ensuring the safety and food safety of the population.

The Service Sector in the Economy in Poland and European Union Countries

2015 ◽  
Vol 10 (3) ◽  
pp. 191-207
Author(s):  
Walentyna Kwiatkowska
Keyword(s):  
Service Sector ◽  
Value Added ◽  
Total Employment ◽  
Eu Countries ◽  
Gross Value Added ◽  
European Union Countries ◽  
Service Sectors ◽  
Sector Theory ◽  
The Eu

The role of the service sector in the economy is increasing in the process of socio-economic development. This tendency has been confirmed and explained by the three-sector theory formulated by A.G.B. Fisher, C. Clark, and J. Fourastie. The main goal of the paper is to show development tendencies in service sectors in Poland and the EU countries and assess them in view of the three-sector theory. The share of the service sector in the total employment and in the total gross value added in the years 2005-2013/2014 will be analysed together with two sub-sectors including market and non-market services. The research shows that the share of the service sector in total employment and total gross value added has been recently increasing in Poland as well as in other EU countries, but there is a gap in this process between Poland and the most developed EU countries. Moreover, in Poland, the role of market services has been recently increasing much faster than the role of non-market services. 

scholarly journals A Cross-Country Measurement of the EU Bioeconomy: An Input–Output Approach

2021 ◽  
Vol 13 (6) ◽  
pp. 3033
Author(s):  
Kutay Cingiz ◽  
Hugo Gonzalez-Hermoso ◽  
Wim Heijman ◽  
Justus H. H. Wesseler
Keyword(s):  
European Union ◽  
Financial Crisis ◽  
Union Member ◽  
National Income ◽  
Value Added ◽  
Input Output ◽  
Income Share ◽  
Cross Country ◽  
European Union Member States ◽  
The Eu

This paper measures the development of the national income share of the bioeconomy for 28 European Union Member States (MS) and 16 industries of BioMonitor scope from 2005 to 2015. The paper proposes a model which includes the up- and downstream linkages using Input-Output tables. The results show that for the majority of the MS the value added of the up- and downstream sector is at the band of 40%–50% of the total bioeconomy value added and has on average increased since the financial crisis.

scholarly journals DRIvE Project Unlocks Demand Response Potential with Digital Twins

Proceedings ◽  
2020 ◽  
Vol 65 (1) ◽  
pp. 14
Author(s):  
Laura Pérez ◽  
Juan Espeche ◽  
Tatiana Loureiro ◽  
Aleksandar Kavgić
Keyword(s):  
Knowledge Transfer ◽  
Demand Response ◽  
Low Carbon ◽  
Distribution Grid ◽  
Horizon 2020 ◽  
Research And Innovation ◽  
Digital Twins ◽  
Future Workshop ◽  
Innovative Solutions ◽  
Innovation Project

DRIvE (Demand Response Integration Technologies) is a research and innovation project funded under the European Union’s Horizon 2020 Framework Program, whose main objective is unlocking the demand response potential in the distribution grid. DRIvE presented how the use of digital twins de-risks the implementation of demand response applications at the “Flexibility 2.0: Demand response and self-consumption based on the prosumer of Europe’s low carbon future” workshop within the conference “Sustainable Places 2020”. This workshop was organized to cluster and foster knowledge transfer between several EU projects, each developing innovative solutions within the field of demand response, energy flexibility, and optimized synergies between actors of the built environment and the power grid.

Sign in / Sign up

Export Citation Format

Share Document