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A comprehensive evaluation of photovoltaic simulation software: A decision-making approach using Analytic Hierarchy Process and performance analysis
IF 7.9 2区 工程技术 Q1 ENERGY & FUELS Pub Date : 2025-02-21 DOI: 10.1016/j.esr.2025.101663
Md. Ashraful Islam , M.M. Naushad Ali , Ian B. Benitez , Sidahmed Sidi Habib , Taskin Jamal , Aymen Flah , Vojtech Blazek , Claude Ziad El-Bayeh
The growing adoption of renewable energy, particularly photovoltaic (PV) solar systems, has led to the development of numerous simulation software tools to simplify system design, analysis, and optimization. This study evaluates five widely used PV simulation software packages—SAM, PVsyst, HOMER, PV∗SOL, and RETScreen—by analyzing their features and performance across ten critical criteria, including cost, solar database accessibility, modeling capabilities, and ease of use. Using the Analytic Hierarchy Process (AHP), the criteria are ranked by importance, with the working platform identified as the most influential factor in software selection, followed by economic modeling capabilities and software cost. Additionally, the flexibility of simulation data requirements, reporting and analysis options, and user friendliness and ease of use are identified as important criteria, albeit ranking lower in importance. Performance analysis using simulation and real data further validates the evaluation process, providing insights into the accuracy and reliability of the simulation results generated by each software. Our findings indicate that SAM delivers superior accuracy when compared to real-world data, making it the most reliable tool for PV system analysis. PV∗SOL also ranks highly for its robust reporting and modeling capabilities. These results provide valuable insights for professionals and researchers in selecting the most suitable software for PV system design and optimization, emphasizing the balance between functionality, cost-effectiveness, and user-friendliness.
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引用次数: 0
Driving Natural Resource Efficiency through environmental regulation, industry 4.0, international trade and FDI
IF 7.9 2区 工程技术 Q1 ENERGY & FUELS Pub Date : 2025-02-19 DOI: 10.1016/j.esr.2025.101655
Lingfeng Liao , Xiang-Chu Huang
The accelerated industrial growth and economic expansion of Southeast Asian economies have intensified the concern related environmental issues and natural resource depletion. Amid these circumstances, the study finds an opportunity to investigate the key enabling factors that enhance natural resource efficiency. The research investigation sought to evaluate the association of natural resource efficiency with carbon mitigation, environmental regulation and Industry 4.0 in the context of Thailand, Malaysia and Vietnam. This panel dataset, obtained from various reputable sources, was then empirically analyzed using multiple tests. The cross-sectional independence test was carried out initially followed by the Pedroni cointegration test which validated the presence of long-term associations. Panel data estimation strategy comprised of using DCCE is also employed to reveal the association between variables. Findings of the study reveal a negative and significant impact of information and communication technology on natural resource efficiency. Environmental regulation was positively and significantly associated with total natural resources. Trade and FDI were also found to be positively associated with natural resource efficiency. These findings offer a comprehensive view to economies that how they can achieve environmental sustainability and industrial growth at the same time. This study is not only beneficial in terms of theoretical knowledge but it provides insights for policymakers and government on how natural resources can be managed.
{"title":"Driving Natural Resource Efficiency through environmental regulation, industry 4.0, international trade and FDI","authors":"Lingfeng Liao ,&nbsp;Xiang-Chu Huang","doi":"10.1016/j.esr.2025.101655","DOIUrl":"10.1016/j.esr.2025.101655","url":null,"abstract":"<div><div>The accelerated industrial growth and economic expansion of Southeast Asian economies have intensified the concern related environmental issues and natural resource depletion. Amid these circumstances, the study finds an opportunity to investigate the key enabling factors that enhance natural resource efficiency. The research investigation sought to evaluate the association of natural resource efficiency with carbon mitigation, environmental regulation and Industry 4.0 in the context of Thailand, Malaysia and Vietnam. This panel dataset, obtained from various reputable sources, was then empirically analyzed using multiple tests. The cross-sectional independence test was carried out initially followed by the Pedroni cointegration test which validated the presence of long-term associations. Panel data estimation strategy comprised of using DCCE is also employed to reveal the association between variables. Findings of the study reveal a negative and significant impact of information and communication technology on natural resource efficiency. Environmental regulation was positively and significantly associated with total natural resources. Trade and FDI were also found to be positively associated with natural resource efficiency. These findings offer a comprehensive view to economies that how they can achieve environmental sustainability and industrial growth at the same time. This study is not only beneficial in terms of theoretical knowledge but it provides insights for policymakers and government on how natural resources can be managed.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"58 ","pages":"Article 101655"},"PeriodicalIF":7.9,"publicationDate":"2025-02-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143438286","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Exploring the role of renewable energy in green job creation and sustainable economic development: An empirical approach
IF 7.9 2区 工程技术 Q1 ENERGY & FUELS Pub Date : 2025-02-14 DOI: 10.1016/j.esr.2025.101642
Bochun Ma , Aang Wang
The accelerating shift toward renewable energy sources has raised questions about their potential to foster green job creation and contribute to sustainable economic development. In recent years (2000–2023), the nexus between renewable energy, employment, and economic growth has gained critical attention, particularly within BRICS nations, where rapid industrialization and economic expansion necessitate sustainable growth models. This study investigates the role of renewable energy in promoting green employment and advancing sustainable development in BRICS countries, employing an Autoregressive Distributed Lag (ARDL) approach to capture both short- and long-term effects. Findings reveal that renewable energy significantly contributes to green job creation across BRICS economies, with a notable positive impact on employment in environmentally friendly sectors. Moreover, the analysis shows that renewable energy investments lead to sustainable economic growth by reducing carbon emissions and enhancing energy security. In the short term, renewable energy adoption fosters immediate economic gains, while in the long term, it supports sustained employment growth and environmental stability. Additionally, a feedback relationship between renewable energy use and green job creation suggests that as green jobs increase, the demand and efficiency of renewable energy expand, forming a virtuous cycle. Policy implications indicate that BRICS governments should prioritize investment in renewable energy infrastructure and workforce training to support green economic transformation and long-term sustainable growth.
{"title":"Exploring the role of renewable energy in green job creation and sustainable economic development: An empirical approach","authors":"Bochun Ma ,&nbsp;Aang Wang","doi":"10.1016/j.esr.2025.101642","DOIUrl":"10.1016/j.esr.2025.101642","url":null,"abstract":"<div><div>The accelerating shift toward renewable energy sources has raised questions about their potential to foster green job creation and contribute to sustainable economic development. In recent years (2000–2023), the nexus between renewable energy, employment, and economic growth has gained critical attention, particularly within BRICS nations, where rapid industrialization and economic expansion necessitate sustainable growth models. This study investigates the role of renewable energy in promoting green employment and advancing sustainable development in BRICS countries, employing an Autoregressive Distributed Lag (ARDL) approach to capture both short- and long-term effects. Findings reveal that renewable energy significantly contributes to green job creation across BRICS economies, with a notable positive impact on employment in environmentally friendly sectors. Moreover, the analysis shows that renewable energy investments lead to sustainable economic growth by reducing carbon emissions and enhancing energy security. In the short term, renewable energy adoption fosters immediate economic gains, while in the long term, it supports sustained employment growth and environmental stability. Additionally, a feedback relationship between renewable energy use and green job creation suggests that as green jobs increase, the demand and efficiency of renewable energy expand, forming a virtuous cycle. Policy implications indicate that BRICS governments should prioritize investment in renewable energy infrastructure and workforce training to support green economic transformation and long-term sustainable growth.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"58 ","pages":"Article 101642"},"PeriodicalIF":7.9,"publicationDate":"2025-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143402728","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Intersectionality in residental solar adoption: Examining socio-demographics, racial diversity, geography, solar suitability, and policy in the United States
IF 7.9 2区 工程技术 Q1 ENERGY & FUELS Pub Date : 2025-02-12 DOI: 10.1016/j.esr.2025.101648
Gerald Jones , Chien-Fei Chen , Wei-An Chen , Lillian Lovingood , Xueping Li
Residential rooftop photovoltaic (RPV) solar power offers a dual benefit: it reduces energy bills and helps combat climate change. Yet, the widespread adoption of RPV is influenced by multifaceted factors. This research delves into five key dimensions: socio-demographic and household characteristics, spatial location and racial diversity, solar suitability and rooftop potential, energy pricing and consumption behavior, and policy and incentives. Through an analysis of U.S. census tract data, this study covers residential solar adoption across all U.S. states, encompassing regions with high solar radiation and the top 5% of adoption areas. Regression models reveal that the most robust predictors of RPV adoption are policy incentives and the potential for energy cost savings. This result underscores an interactive relationship involving electricity expenses, solar radiation, and suitability. The interplay of income and education significantly contributes to a higher adoption rate. Surprisingly, the interaction between energy pricing and consumption inhibits solar adoption in areas with substantial energy use. Longer commutes negatively impact adoption, resulting in lower rates in rural areas. However, diverse populations in these regions lead to heightened adoption rates. These findings emphasize the necessity of scrutinizing interactive effects and suggest actionable policy recommendations to facilitate the widespread adoption of RPV technology, particularly in underserved and diverse communities.
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引用次数: 0
Assessing the impact of FDI, CO2 emissions, economic growth, and income inequality on renewable energy consumption in Asia
IF 7.9 2区 工程技术 Q1 ENERGY & FUELS Pub Date : 2025-02-12 DOI: 10.1016/j.esr.2025.101653
Muhammad Ali , Liu Xiaoying , Shahid Mehmood , Muhammad Asif Khan , Judit Oláh
This study analyzes the influence of foreign direct investment (FDI), economic growth (GDP), income inequality (II), and carbon dioxide emissions (CO2E) on renewable energy consumption (REC) in Asia from 1995 to 2020. This study seeks to elucidate the factors influencing renewable energy consumption in various economic and environmental circumstances across Asia. The study employs advanced econometric techniques, such as panel cointegration, cross-sectional dependency tests, quantile regression, and Dumitrescu-Hurlin causality tests, revealing significant relationships between the variables. The findings indicate that increased GDP and FDI promote REC, but income inequality and CO2 emissions have intricated context-sensitive impacts. This research emphasizes the need for specific policy interventions to promote renewable energy adoption, especially in countries with high inequality and CO2 emissions. These findings provide valuable insights for policymakers working towards sustainable energy transition in Asia.
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引用次数: 0
Tracing the trajectories of energy intensity, environmental tax revenues, and environmental neutrality in major European economies 追溯欧洲主要经济体的能源强度、环境税收和环境中性的轨迹
IF 7.9 2区 工程技术 Q1 ENERGY & FUELS Pub Date : 2025-02-06 DOI: 10.1016/j.esr.2025.101650
Fayyaz Ahmad , Nabila Abid , Junaid Aftab , Aamir Javed
Addressing the urgent challenge of climate change is a paramount global concern, with European economies showcasing commitment through the ambitious European Green Deal, COP, and sustainable development goals. However, the region's reliance on fossil fuels raises questions about the initiatives affecting the environmental neutrality goals in Europe. To find an answer to this, the present study investigates the impact of energy intensity and environmental tax revenues on environmental management efforts in terms of air, water, and waste pollution abatement in Europe by utilizing data spanning 1994 to 2020 for major European economies that held over 95 % of European economic output. The sample is grouped into two panels based on economic growth level. The study employs advanced econometric techniques to perform the preliminary checks, and GMM-PVR is used as the main study model. Aggregate panel findings reveal significant associations between energy intensity, environmental tax revenues, and environmental management. Notably, higher energy intensity is positively linked to increased environmental management activities, reflecting a commitment to address abatement goals and indicating funds are allocated toward pollution mitigation, aligning with Europe's emphasis on sustainability. Foreign direct investment has a negative relationship with environmental management. However, in Panel A, environmental tax revenues, economic growth, and trade openness reveal a negative impact on environmental management, suggesting that intense economic activities surpass the environmental tax revenue efforts to abate pollution, unlike Panel B, which is effective in pollution reduction. The study's policy implications stress enhancing the energy efficiency of economic giants while simultaneously strengthening mechanisms for utilizing environmental tax revenues and reinforcing environmental regulations to align foreign direct investment with sustainable practices. International collaboration is essential to ensure trade relations align with environmental goals, contributing to global efforts to combat climate change.
{"title":"Tracing the trajectories of energy intensity, environmental tax revenues, and environmental neutrality in major European economies","authors":"Fayyaz Ahmad ,&nbsp;Nabila Abid ,&nbsp;Junaid Aftab ,&nbsp;Aamir Javed","doi":"10.1016/j.esr.2025.101650","DOIUrl":"10.1016/j.esr.2025.101650","url":null,"abstract":"<div><div>Addressing the urgent challenge of climate change is a paramount global concern, with European economies showcasing commitment through the ambitious European Green Deal, COP, and sustainable development goals. However, the region's reliance on fossil fuels raises questions about the initiatives affecting the environmental neutrality goals in Europe. To find an answer to this, the present study investigates the impact of energy intensity and environmental tax revenues on environmental management efforts in terms of air, water, and waste pollution abatement in Europe by utilizing data spanning 1994 to 2020 for major European economies that held over 95 % of European economic output. The sample is grouped into two panels based on economic growth level. The study employs advanced econometric techniques to perform the preliminary checks, and GMM-PVR is used as the main study model. Aggregate panel findings reveal significant associations between energy intensity, environmental tax revenues, and environmental management. Notably, higher energy intensity is positively linked to increased environmental management activities, reflecting a commitment to address abatement goals and indicating funds are allocated toward pollution mitigation, aligning with Europe's emphasis on sustainability. Foreign direct investment has a negative relationship with environmental management. However, in Panel A, environmental tax revenues, economic growth, and trade openness reveal a negative impact on environmental management, suggesting that intense economic activities surpass the environmental tax revenue efforts to abate pollution, unlike Panel B, which is effective in pollution reduction. The study's policy implications stress enhancing the energy efficiency of economic giants while simultaneously strengthening mechanisms for utilizing environmental tax revenues and reinforcing environmental regulations to align foreign direct investment with sustainable practices. International collaboration is essential to ensure trade relations align with environmental goals, contributing to global efforts to combat climate change.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"58 ","pages":""},"PeriodicalIF":7.9,"publicationDate":"2025-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143180838","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Cybersecurity in microgrids: A review on advanced techniques and practical implementation of resilient energy systems
IF 7.9 2区 工程技术 Q1 ENERGY & FUELS Pub Date : 2025-02-05 DOI: 10.1016/j.esr.2025.101654
Ijaz Ahmed , Ali M. El-Rifaie , Fazia Akhtar , Hasnain Ahmad , Zuhair Alaas , M.M.R. Ahmed
Recent progress in microgrids (MGs) has resulted in increased acceptance and utilization of green energy sources, energy storage technologies, and MGs. This has facilitated a more effective and practical administration of distributed energy resources (DERs). The progress in MGs, along with the implementation of hierarchical supervision and monitoring, has facilitated the transmission of information within contemporary communication systems. The incorporation of cyber physical systems (CPS) within MGs has heightened their susceptibility to cyber-attacks, thereby converting them into cyber–physical systems. Thus, emphasizing the importance of preventing, detecting, and isolating cyber-attacks is essential for the effective management of MG. This study offers an in-depth examination of cyber security within the energy sector, exploring the historical backdrop of cyber-attacks and classifying different forms of MG breaches, encompassing both cyber and physical security strategies. This study explore into the intricate communication networking infrastructure susceptible to attacks, particularly emphasizing data centers, and underscores the critical role of MG management in alleviating cyber risks. The study presents a framework that strategically improves cyber security defenses through a classification of countermeasures. The work offers significant perspectives on present and forthcoming advancements, promoting a forward-thinking strategy for safeguarding essential infrastructure in a world that is becoming more digitized.
微电网(MGs)的最新进展使得绿色能源、储能技术和微电网的接受度和利用率不断提高。这有助于更有效、更实用地管理分布式能源资源(DER)。随着分级监管和监控的实施,MG 的进步促进了当代通信系统中的信息传输。将网络物理系统(CPS)纳入多功能发电机后,它们更容易受到网络攻击,从而转变为网络物理系统。因此,强调预防、检测和隔离网络攻击的重要性对于有效管理军事制导系统至关重要。本研究对能源行业的网络安全进行了深入研究,探讨了网络攻击的历史背景,并对不同形式的千年发展目标违规行为进行了分类,其中包括网络和物理安全策略。本研究探讨了容易受到攻击的错综复杂的通信网络基础设施,特别强调了数据中心,并强调了千年发展目标管理在缓解网络风险方面的关键作用。该研究提出了一个框架,通过对策分类从战略上提高网络安全防御能力。这项工作为当前和即将取得的进展提供了重要的视角,促进了在日益数字化的世界中保护重要基础设施的前瞻性战略。
{"title":"Cybersecurity in microgrids: A review on advanced techniques and practical implementation of resilient energy systems","authors":"Ijaz Ahmed ,&nbsp;Ali M. El-Rifaie ,&nbsp;Fazia Akhtar ,&nbsp;Hasnain Ahmad ,&nbsp;Zuhair Alaas ,&nbsp;M.M.R. Ahmed","doi":"10.1016/j.esr.2025.101654","DOIUrl":"10.1016/j.esr.2025.101654","url":null,"abstract":"<div><div>Recent progress in microgrids (MGs) has resulted in increased acceptance and utilization of green energy sources, energy storage technologies, and MGs. This has facilitated a more effective and practical administration of distributed energy resources (DERs). The progress in MGs, along with the implementation of hierarchical supervision and monitoring, has facilitated the transmission of information within contemporary communication systems. The incorporation of cyber physical systems (CPS) within MGs has heightened their susceptibility to cyber-attacks, thereby converting them into cyber–physical systems. Thus, emphasizing the importance of preventing, detecting, and isolating cyber-attacks is essential for the effective management of MG. This study offers an in-depth examination of cyber security within the energy sector, exploring the historical backdrop of cyber-attacks and classifying different forms of MG breaches, encompassing both cyber and physical security strategies. This study explore into the intricate communication networking infrastructure susceptible to attacks, particularly emphasizing data centers, and underscores the critical role of MG management in alleviating cyber risks. The study presents a framework that strategically improves cyber security defenses through a classification of countermeasures. The work offers significant perspectives on present and forthcoming advancements, promoting a forward-thinking strategy for safeguarding essential infrastructure in a world that is becoming more digitized.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"58 ","pages":"Article 101654"},"PeriodicalIF":7.9,"publicationDate":"2025-02-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143180944","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Can transparency governance promote interregional coordinated carbon emission reduction? A new perspective from China provincial transparency index
IF 7.9 2区 工程技术 Q1 ENERGY & FUELS Pub Date : 2025-02-04 DOI: 10.1016/j.esr.2025.101649
Nan Jiang , Juan Huang
As the Chinese government places increasing emphasis on the establishment of mechanisms for carbon emission reduction and inter-provincial collaboration, transparency governance offers a novel solution to the traditional challenges of territorial governance in this context. This paper innovatively constructs a Provincial Transparency Index (PTI) for China and examines the effect of transparency on provincial carbon emission reduction using panel data models and spatial Durbin models. Furthermore, a hierarchical regression analysis is conducted to test the mechanisms. The results reveal that the PTI has a significant impact coefficient of 0.481 on carbon emissions, while the quadratic coefficient is −0.693, indicating that PTI has an inverted "U" - shaped effect on local carbon emissions, with significant spatial spillover effects that diminish marginally. Transparency governance primarily promotes inter-provincial coordinated carbon reduction by reducing collaboration costs through marketization and increasing breach costs through institutional guarantees. Therefore, China should accelerate the establishment and improvement of transparency governance mechanisms for collaborative carbon reduction among provinces, and enhance the disclosure and supervision of carbon reduction information at the provincial level.
{"title":"Can transparency governance promote interregional coordinated carbon emission reduction? A new perspective from China provincial transparency index","authors":"Nan Jiang ,&nbsp;Juan Huang","doi":"10.1016/j.esr.2025.101649","DOIUrl":"10.1016/j.esr.2025.101649","url":null,"abstract":"<div><div>As the Chinese government places increasing emphasis on the establishment of mechanisms for carbon emission reduction and inter-provincial collaboration, transparency governance offers a novel solution to the traditional challenges of territorial governance in this context. This paper innovatively constructs a Provincial Transparency Index (PTI) for China and examines the effect of transparency on provincial carbon emission reduction using panel data models and spatial Durbin models. Furthermore, a hierarchical regression analysis is conducted to test the mechanisms. The results reveal that the PTI has a significant impact coefficient of 0.481 on carbon emissions, while the quadratic coefficient is −0.693, indicating that PTI has an inverted \"U\" - shaped effect on local carbon emissions, with significant spatial spillover effects that diminish marginally. Transparency governance primarily promotes inter-provincial coordinated carbon reduction by reducing collaboration costs through marketization and increasing breach costs through institutional guarantees. Therefore, China should accelerate the establishment and improvement of transparency governance mechanisms for collaborative carbon reduction among provinces, and enhance the disclosure and supervision of carbon reduction information at the provincial level.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"58 ","pages":"Article 101649"},"PeriodicalIF":7.9,"publicationDate":"2025-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143180839","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Is Russian gas still needed in the European Union? Model-based analysis of long-term scenarios
IF 7.9 2区 工程技术 Q1 ENERGY & FUELS Pub Date : 2025-02-03 DOI: 10.1016/j.esr.2025.101646
Lukas Barner , Franziska Holz , Christian von Hirschhausen , Claudia Kemfert
Aligned with the war in Ukraine, Russia has significantly withheld natural gas exports to Europe since 2021. As there are no EU-wide sanctions on imports of Russian natural gas, the Ukraine transit as well as imports via Turkey and LNG have remained active during 2022–24. However, the Russian-Ukrainian transit agreement expires at the end of 2024 and discussions about new sanctions on natural gas as well as the threat of further supply disruptions continue to pose uncertainty for European markets. We use the Global Gas Model (GGM) to investigate the necessity of Russian gas exports for European gas consumption. Our results of different scenarios indicate that the EU’s gas consumption can be largely satisfied in all demand and Russian supply scenarios. This result holds also for a complete disruption of Russian exports to the EU thanks to diversification and some demand side response.
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引用次数: 0
Assessing green finance and technological innovation's contribution to carbon emission reduction in mineral-based economies of the belt and road initiative
IF 7.9 2区 工程技术 Q1 ENERGY & FUELS Pub Date : 2025-02-01 DOI: 10.1016/j.esr.2025.101645
Xiaoli Liao , Mengye Sun , Yali Pham
This study examines the influence of institutional performance, green finance, and technology on environmental performance in mineral-based nations involved in the Belt and Road Initiative (BRI), focusing on the period of economic growth from 1991 to 2019. The use of the STIRPAT model, along with spatial econometric methods, yields noteworthy results in the analysis. The adoption of renewable energy leads to a 12 % decrease in CO₂ emissions among the countries studied, underscoring its crucial importance for environmental sustainability. Enhancements in institutional quality indicate a 14 % increase in ecological efficiency, whereas a rise in government spending on renewable energy is associated with a 10 % boost in the utilization of green finance and promoting environmental conservation. Nonetheless, financial development shows a varied impact, highlighting the need for policy measures to align growth with sustainability. The findings highlight the essential importance of customized policies and strong institutional structures when tackling environmental issues. This study not only addresses a gap in understanding the interplay of these variables but also provides practical insights for policymakers to promote sustainable development. The results hold considerable importance for reaching sustainable environmental goals and improving cooperation among BRI countries.
{"title":"Assessing green finance and technological innovation's contribution to carbon emission reduction in mineral-based economies of the belt and road initiative","authors":"Xiaoli Liao ,&nbsp;Mengye Sun ,&nbsp;Yali Pham","doi":"10.1016/j.esr.2025.101645","DOIUrl":"10.1016/j.esr.2025.101645","url":null,"abstract":"<div><div>This study examines the influence of institutional performance, green finance, and technology on environmental performance in mineral-based nations involved in the Belt and Road Initiative (BRI), focusing on the period of economic growth from 1991 to 2019. The use of the STIRPAT model, along with spatial econometric methods, yields noteworthy results in the analysis. The adoption of renewable energy leads to a 12 % decrease in CO₂ emissions among the countries studied, underscoring its crucial importance for environmental sustainability. Enhancements in institutional quality indicate a 14 % increase in ecological efficiency, whereas a rise in government spending on renewable energy is associated with a 10 % boost in the utilization of green finance and promoting environmental conservation. Nonetheless, financial development shows a varied impact, highlighting the need for policy measures to align growth with sustainability. The findings highlight the essential importance of customized policies and strong institutional structures when tackling environmental issues. This study not only addresses a gap in understanding the interplay of these variables but also provides practical insights for policymakers to promote sustainable development. The results hold considerable importance for reaching sustainable environmental goals and improving cooperation among BRI countries.</div></div>","PeriodicalId":11546,"journal":{"name":"Energy Strategy Reviews","volume":"58 ","pages":"Article 101645"},"PeriodicalIF":7.9,"publicationDate":"2025-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143180784","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
期刊
Energy Strategy Reviews
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