The rising demand for greenhouse cultivation poses a challenge in providing environmentally friendly energy to maintain favorable greenhouse indoor conditions. This research presents an optimization model to identify cost-optimal symbiotic pathways to replace the import of three key greenhouse crops (tomato, cucumber, lettuce) with local greenhouse production. The proposed solutions involve greenhouses that can meet these crops' heat and CO2 demands via industrial symbiosis. Switzerland is investigated as the case study, and the (waste) heat suppliers are municipal solid waste incinerators, cement production plants and biogas plants. Upgrading biomethane production plants are also considered potential CO2 suppliers. The objective is to minimize the discounted cost when replacing 25%–100 % of vegetable imports with local agricultural greenhouses, considering availability of suitable land as well as waste heat and CO2 suppliers. Optimization results suggest prioritizing northeast and west Switzerland for greenhouse development, due to the availability of suitable land and proximity of waste heat and CO2 suppliers. Waste incinerators could provide 50%–70 % of the necessary heat, while Organic Rankine cycle in cement plants could generate 63 % of the electricity of supplementary lighting demand of greenhouses. While tailored for Switzerland, the optimization framework's general formulation can be adapted also to other regions to optimize greenhouses' heat and CO2 demands. The optimization code is provided open source for associated applications.
This article thoroughly investigates the design and optimization of an off-grid hybrid renewable energy system for a remote town in the province of Ankara, whose traditional power infrastructure is lacking. The goal is to provide an efficient and cost-effective energy system that can supply the village's power needs indefinitely. The optimization process entails selecting the best mix of renewable energy sources and sizing components to obtain the best economic and technical performance. To handle the complexity of the optimization problem, the Nelder-Mead simplex search method is used, taking into account the stochastic nature of renewable energy generation and the nonlinear features of RES-based power plants. The simulation results show that the suggested hybrid system outperforms traditional diesel power generators in terms of economic viability and environmental sustainability. The system assures consistent power supply by using reserve energy devices such as batteries, thereby minimizing the intermittent nature of renewable sources. With a competitive energy cost of €0.63/kWh, the optimized hybrid system ensures a dependable and continuous power supply, fulfilling the village's electrical requirement for an amazing 16 years.
It is necessary to warrant the long-term viability of the energy policy for sustainable economic growth. However, certain factors exist that can create a threat to energy policy. In this essence, the current analysis explores the impact of EPU (economic policy uncertainty) and financial sector development on fossil fuel energy, renewable energy (REC), and total energy (EGY). The empirical analysis utilized the CS-ARDL model and focused on a sample comprising G7 economies. The robustness of analysis was examined by employing fully modified ordinary least square (FMOLS) technique. The estimated coefficients outline the significant negative impact of all main explanatory variables on fossil fuel energy and total energy and EGY in the long run and a significant negative impact on renewable energy in the short run. The findings further demonstrate the significant positive impact of financial development on fossil fuel energy and total energy and the significant negative relationship between financial development and renewable energy. Particularly, the analysis discloses the moderating role of financial development in the EPU-energy policy nexus. It is advised to policy officials that they should enhance the cooperation between the financial sector and the energy sector for the success of energy policy and for responding to the uncertain economic situation. This study robust the empirical findings of studies exploring the EPU-energy nexus and extends the literature by pointing out the moderating role of FCD.