scholarly journals Climate Policy Imbalance in the Energy Sector: Time to Focus on the Value of CO2 Utilization

Energies ◽  
2021 ◽  
Vol 14 (2) ◽  
pp. 411
Author(s):  
Pavel Tcvetkov

Global warming is an existential threat to humanity and the rapid energy transition, which is required, will be the defining social, political and technical challenge of the 21st century. Practical experience and research results of recent years have showed that our actions to cover the gap between real situation and aims of climate agreements are not enough and that improvements in climate policy are needed, primarily in the energy sector. It is becoming increasingly clear that hydrocarbon resources, which production volume is increasing annually, will remain a significant part of the global fuel balance in the foreseeable future. Taking this into account, the main problem of the current climate policy is a limited portfolio of technologies, focused on replacement of hydrocarbon resources with renewable energy, without proper attention to an alternative ways of decreasing carbon intensity, such as carbon sequestration options. This study shows the need to review the existing climate policy portfolios through reorientation to CO2 utilization and disposal technologies and in terms of forming an appropriate appreciation for the role of hydrocarbon industries as the basis for the development of CO2-based production chains. In this paper we argue that: (1) focusing climate investments on a limited portfolio of energy technologies may become a trap that keeps us from achieving global emissions goals; (2) accounting for greenhouse gas (GHG) emissions losses, without taking into account the potential social effects of utilization, is a barrier to diversifying climate strategies; (3) with regard to hydrocarbon industries, a transition from destructive to creative measures aimed at implementing environmental projects is needed; (4) there are no cheap climate solutions, but the present cost of reducing CO2 emissions exceeds any estimate of the social cost of carbon.

2013 ◽  
Vol 19 (4) ◽  
pp. 606-620 ◽  
Author(s):  
Dalia Štreimikienė

The aim of the paper is to address the EU policy for achieving low carbon economy by assessing energy technologies in electricity and road transport sector based on costs and impact on climate change and to indicate the most competitive electricity and transport technologies taking into account EU policy targets in GHG emission reduction, utilization of renewable and energy efficiency improvements. The main tasks of the paper are: to develop the multi-criteria framework for comparative assessment of energy technologies by applying MCDM methods for the electricity generation and transport technologies assessment. The interval TOPSIS method is employed in order to tackle the uncertain criteria. The assessment framework allows the comparison of electricity generation technologies and road transport technologies in terms of their GHG emission reduction and economic impacts and facilitates decision making process in energy sector seeking to implement EU energy policies. The main indicators selected for technologies assessment are: private costs and life cycle GHG emissions. The ranking of energy technologies based on private costs and GHG emissions allowed prioritizing these technologies taking into account the lowest GHG emission reduction costs.


Energies ◽  
2022 ◽  
Vol 15 (2) ◽  
pp. 527
Author(s):  
Oskar Juszczyk ◽  
Juliusz Juszczyk ◽  
Sławomir Juszczyk ◽  
Josu Takala

A harmful impact of climate change and global warming has concerned various sectors of the international community. Numerous energy policies aiming at climate change mitigation have been implemented on a national and global scale. Renewable energy technologies (RETs) play a critical role in enhancing sustainable solutions that significantly limit greenhouse gas (GHG) emissions. Such innovative technologies can facilitate energy transition through providing, e.g., energy security, sustainable development, and effective usage of indigenous resources. However, the commercialization of RETs is extremely challenging. The barriers can be of a different nature, although this study focused on socioeconomic and regulatory issues. There is ample evidence that energy policies play a central role in supporting adoption of renewables. It is also claimed that RETs require the whole ecosystem to support their successful diffusion. In this study, we explored multifarious barriers for widespread RET diffusion in two European Union countries, Finland and Poland, indicating the most common barriers existing in the literature as well as analyzing major bottlenecks from the viewpoint of renewable energy companies’ executives. We also present statistics of the most commonly used RETs in these countries in order to express the diffusion issues more appropriately. The research shows that inflexible, ineffective, and excessive regulatory frameworks; limited financing options; as well as an insufficient level of societal awareness have been seen as the main bottlenecks for RET diffusion in both countries. The outcomes of this study provide useful insights for the researchers in the energy transition field as well as practical managerial and regulatory implications aimed at overcoming these challenges.


Author(s):  
Oskar Juszczyk ◽  
Juliusz Juszczyk ◽  
Sławomir Juszczyk ◽  
Josu Takala

A harmful impact of climate change and global warming has concerned various sectors of the international community. Numerous energy policies aiming at climate change mitigation have been implemented on a national and global scale. Renewable Energy Technologies (RET) play a critical role in enhancing sustainable solutions that significantly limit greenhouse gases (GHG) emissions. Such innovative technologies can facilitate energy transition through providing e.g. energy security, sustainable development, or effective usage of indigenous resources. However, the commercialization of RET becomes extremely challenging. The barriers can be of a different nature, although in this study the focus has been put on socio-economic and regulatory issues. In fact, there is ample evidence that energy policies play a central role in supporting renewables adoption. It is also claimed that RET require the whole ecosystem to support their successful diffusion. In this study, we explore multifarious barriers for a widespread RET diffusion in two European Union countries: Finland and Poland, indicating the most common barriers existing in the literature as well as analyzing major bottlenecks in the viewpoint of renewable energy companies’ executives. We also present statistics of the most commonly used RET in these countries in order to express the diffusion issues more appropriately. The outcomes of this study provide useful insight for the researchers in the energy transition field as well as practical managerial and regulatory implications aimed at overcoming these challenges.


2021 ◽  
Author(s):  
Matt Pitcher ◽  
Martin van 't Hoff ◽  
Narik Basmajian

Abstract The Energy Transition mandates durable long-term solutions for reducing greenhouse gas (GHG) emissions by addressing future energy needs in terms of generation, storage and utilization. Hydrogen is essential to low-carbon energy solutions, particularly in the "difficult-to-decarbonize" segment of energy markets. Deeply decarbonized, cost-effective hydrogen production solutions are already accessible at industrial scale, for both new plants and for retrofits. For newly built plants we easily arrive at deeply reduced carbon footprints, and KPI's comparable to the most competitive green solutions. Retrofitting existing hydrogen plants to "blue plants" is not only feasible, but is a particularly cost-effective carbon reduction measure. This paper addresses carbon intensity of various hydrogen production routes: ranging from traditional grey hydrogen (itself with proven options for carbon mitigation) through blue hydrogen with various schemes and capture depths, as well as green hydrogen (generally by electrolysis).


Energies ◽  
2021 ◽  
Vol 14 (4) ◽  
pp. 931
Author(s):  
Karolina Mucha-Kuś ◽  
Maciej Sołtysik ◽  
Krzysztof Zamasz ◽  
Katarzyna Szczepańska-Woszczyna

The decentralization of the large-scale energy sector, its replacement with pro-ecological, dispersed production sources and building a citizen dimension of the energy sector are the directional objectives of the energy transformation in the European Union. Building energy self-sufficiency at a local level is possible, based on the so-called Energy Communities, which include energy clusters and energy cooperatives. Several dozen pilot projects for energy clusters have been implemented in Poland, while energy cooperatives, despite being legally sanctioned and potentially a simpler formula of operation, have not functioned in practice. This article presents the coopetitive nature of Energy Communities. The authors analysed the principles and benefits of creating Energy Communities from a regulatory and practical side. An important element of the analysis is to indicate the managerial, coopetitive nature of the strategies implemented within the Energy Communities. Their members, while operating in a competitive environment, simultaneously cooperate to achieve common benefits. On the basis of the actual data of recipients and producers, the results of simulations of benefits in the economic dimension will be presented, proving the thesis of the legitimacy of creating coopetitive structures of Energy Communities.


2021 ◽  
Vol 1 ◽  
pp. 891-900
Author(s):  
Iban Lizarralde ◽  
Audrey Abi Akle ◽  
Mikhail Hamwi ◽  
Basma Samir

AbstractCurrent development of renewable energy systems (RES) is characterised by an increasing participation of citizens in the upstream decision-making process. These citizens can be future users of the RES but also members of a Renewable Energy Community that develop RES. They can be at the same time Renewable Energy producer, investor and consumer. Moreover, several type of businesses and terms are used to cope with social innovations within the energy sector: local renewable projects, sustainable energy communities or community of renewable energy production. So, actors' engagement opens new solutions for designers who are induced to share alternatives before making decisions. They usually impose constraints since the early phases of the design process. This approach implies for designers to consider new criteria related to citizens motivations and barriers. This paper presents a study to define the main factors that drive people to contribute in social innovation schemes for clean-energy transition. After a state of the art, a survey about 6 main factors and 18 criteria is presented. The analysis based on the responses from 34 participants (i.e. experts) reveals 2 most important factors of motivation and 2 principal barrier sources.


2013 ◽  
Vol 291-294 ◽  
pp. 3004-3013
Author(s):  
Ding Ma ◽  
Li Ning Wang ◽  
Wen Ying Chen

At a time of increased international concern and negotiation for GHG emissions reduction, country studies on the underlying effects of GHG growth gain importance. China experienced continuous, rapid economic growth over the past. At the same time, energy consumption and CO2 emissions increased rapidly while the energy intensity and carbon intensity showed a downward trend at country level. What factors were driving this change? What measures can be adopted to ensure the continual decrease of energy intensity and carbon intensity? The refined IDA method is employed in this paper to identify the impact of each factor. A year-by-year decomposition is carried out at sector level, and various interesting results on the underlying effects are found. The results yield important hints for the planning of energy and climate policy.


2021 ◽  
pp. 1-25
Author(s):  
Anne Kallies

Abstract The law and regulation of the energy sector in Australia is subject to overlapping responsibilities of both federal and state governments. Crucially for energy transition efforts, neither energy, environment nor climate is mentioned in the Australian Constitution. Australia has a tradition of creative cooperative federalism solutions for responding to problems of national importance. In the energy sector this has resulted in an intricate national framework for energy markets, which relies on mirror legislation passed by participating states, with oversight by state and federal executive governments. Independently of these frameworks, both federal and state governments have passed climate change legislation, which crucially includes renewable energy support mechanisms. At a time when a rapid transition to a decarbonized energy system is essential, legal frameworks struggle to respond in a timely fashion. The political discourse around energy has become increasingly toxic – reflecting a dysfunctional state–federal relationship in energy and climate law. Australia needs to consider whether its cooperative federalism solutions are sufficient to support the energy transition and how climate law at the state and federal levels interacts with energy market legal frameworks.


2021 ◽  

The compendium of works presented at the international conference of young scholars, organized by the Center of Energy Studies, IMEMO RAS and Faculty of International Energy Business of Gubkin Russian State University (NRU) of Oil and Gas, covers various trends of world energy complex development in the context of energy transition. Special attention is paid to the analysis of the situation in the energy sector of Vietnam, China, India, Iran and Uzbekistan as well as to prospects of hydrogen and LNG transport development.


Sign in / Sign up

Export Citation Format

Share Document