Energy Sources Part B-Economics Planning and Policy最新文献

{"title":"Optimum economic operation of coordinated power system based on turbulent water flow optimization","authors":"V. Sakthivel, K. Thirumal, P. Sathya, S. Seenivasan, R. Shivakumar","doi":"10.1080/15567249.2022.2147605","DOIUrl":"https://doi.org/10.1080/15567249.2022.2147605","url":null,"abstract":"ABSTRACT Owing to increase in power demand, generation costs and environmental anxieties, renewable energy needs to be utilized to conserve energy and to reduce atmospheric pollutants. This study aims to present a new physics inspired metaheuristic algorithm, turbulent water flow optimization (TWFO) for scheduling the power generation of hydrothermal power systems incorporating with pumped storage units (PSU). TWFO is inspired by a natural phenomenon of action of whirlpools in water bodies. Different characteristics of power plants including valve point effect, transmission losses and multiple fuel sources are considered. A heuristic constraint handling mechanism is embedded in the proposed method to satisfy all the equality and inequality constraints. To exemplify the effectiveness of the TWFO, the proposed method has been validated on three coordinated power generation scheduling problems with different characteristics, and compared with particle swarm optimization, sine cosine algorithm, Harris hawks optimization, and other state-of-the-art techniques in the literature. Numerical results clearly signify that the TWFO is competent to obtain superior solutions than the other compared approaches, both in the quality of the solutions and the rate of convergence. Moreover, the fuel cost attained by the TWFO addressing PSU is lesser than that without addressing PSU. The proposed work ensures the economic operation of coordinated power system and increases the renewable energy utilization.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":null,"pages":null},"PeriodicalIF":3.9,"publicationDate":"2022-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84230239","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Oil extraction and crude oil price behavior in the United States: a fractional integration and cointegration analysis","authors":"M. Monge, Enrique Cristobal, L. Gil‐Alana, Ana Lazcano","doi":"10.1080/15567249.2022.2149900","DOIUrl":"https://doi.org/10.1080/15567249.2022.2149900","url":null,"abstract":"ABSTRACT This study reviews the relationship between the different types of oil extraction such as horizontal drilling or fracking, or directional drilling, which is a hybrid between vertical and horizontal, on the behavior of West Texas Intermediate crude oil prices. In doing so the study adds a new dimension to the literature on the relationship between oil price and extraction techniques. The analysis is based on statistical properties using the VAR model of Fractional Cointegration, reflecting evidence of cointegration between the series, and indicating a long-term equilibrium relationship. In addition, we apply the wavelet transform to analyze the structural changes in the price of West Texas Intermediate brought about by changes in drilling technology. Our results show that all three forms of extraction and West Texas Intermediate prices reach high levels of correlation, particularly around 2014. We conclude that a decrease in production based on any form of crude oil extraction leads to an increase in the price of crude oil.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":null,"pages":null},"PeriodicalIF":3.9,"publicationDate":"2022-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82745168","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Technology import modes, environmental regulation types and total factor energy efficiency","authors":"Shuangshuang Li, Xin Miao, Enhui Feng, Yiqun Liu, Yanhong Tang","doi":"10.1080/15567249.2022.2141374","DOIUrl":"https://doi.org/10.1080/15567249.2022.2141374","url":null,"abstract":"ABSTRACT This paper examines the mediating roles of different modes of technology import on the relationship between environmental regulations (ERs) and total factor energy efficiency (TFEE) by using the data of 30 provinces of China from 2008 to 2019. Based on the Porter hypothesis, this work reveals that different modes of technology import can be driven by different environmental regulation types, including command-control environmental regulation (CCER) and market-incentive environmental regulation (MIER), which have different impacts on TFEE. By distinguishing technology imports into the purchases of foreign technology (POFT) and the imitations of foreign technology (IOFT), the results show that CCER and MIER induce corporate executives to focus on POFT, resulting in sluggishness in self-innovation and accordingly undermining TFEE. The MIER shifts corporate executives’ attention on IOFT, inspiring them to focus on re-innovation, and is beneficial for improving TFEE. Additionally, this research finds that technology absorption capacity (TAC) can blunt the negative relationship between POFT and TFEE, as well as strengthen IOFT’s positive effect on TFEE. This research unearths the roles of different technology import modes and environmental regulation modes on TFEE. It also uncovers the role of TAC as a moderator for improving TFEE within the context of technology import. It offers a new dialogue perspective about the effects of environmental regulation types on green development, and contributes to the porter hypothesis literature by incorporating the missing technology import factors into the theory, and also provides managerial and policy implications.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":null,"pages":null},"PeriodicalIF":3.9,"publicationDate":"2022-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85610214","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Strategic pathways to combating remittance-induced carbon emissions; the imperatives of renewable energy, structural transformations, urbanization and human development","authors":"E. Uche","doi":"10.1080/15567249.2022.2141375","DOIUrl":"https://doi.org/10.1080/15567249.2022.2141375","url":null,"abstract":"ABSTRACT Remittances are notable environmental quality (EQ) determinant, but their precise effect remains contextual. Moreover, it is still unclear how factors such as renewable energy consumption, structural transformations, urbanization processes and human capital development moderate the remittance-EQ nexus, particularly in countries with the highest share of remittances to gross domestic product. Thus, with annual panel series over 1990–2019 from the top twenty-one countries in such category and estimates of robust panel estimators, including the pool-mean group, dynamic cross-section autoregressive distributed lag (PMG and CS ARDL) and panel nonlinear (PNARDL), the following fresh empirical narratives subsist: (i) The enlisted panel series coevolve with EQ in the long term. (ii) Remittance is an all-time pollution enabler when the other explanatory variables were held constant. (iii) When the moderating variables were incorporated, the influence of remittances on EQ became insignificant (PMG and CS ARDL) and less severe (PNARDL) (iii) Renewable energy consumption and human capital development possess significant EQ enhancing attributes mostly in the long run, while structural transformations and urbanization promote pollution significantly. Instructively, the optimal pathway is not discouraging remittance inflows; rather, greater proportions of remittances should be invested in renewable energy and human capital. Likewise, it is essential to reappraise the subsisting structural arrangements and urbanization processes to make them answerable to sustainable development goals.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":null,"pages":null},"PeriodicalIF":3.9,"publicationDate":"2022-11-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76658552","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The effect of solar energy production on financial development and economic growth: Evidence from 11 selected countries","authors":"Betül Altay Topcu, M. Doğan","doi":"10.1080/15567249.2022.2141377","DOIUrl":"https://doi.org/10.1080/15567249.2022.2141377","url":null,"abstract":"ABSTRACT The aim of this study was to investigate the impact of solar energy production on financial development and economic growth in 11 leading countries in solar energy production over the period 2000–2019. The results of the analysis indicated that solar energy production had a positive and significant impact on financial development, however, not on economic growth. It was found that the impacts of capital and direct investment variables on financial development and economic growth were positive and significant. According to Dumitrescu-Hurlin’s causality test results, a bidirectional causality relationship was determined to exist between solar energy production and financial development. Furthermore, a unidirectional causality relationship running from economic growth to solar energy production was detected. In this context, the analysis results confirmed the conservation hypothesis. The results could be a guide on solar energy production policies. By considering the impacts of solar energy production on financial development and economic growth, more effective policy decisions could be made.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":null,"pages":null},"PeriodicalIF":3.9,"publicationDate":"2022-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89081797","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The puzzle of energy efficiency in Turkey: combining a multiple criteria decision making and the time series analysis","authors":"Salih Çam, Ali Samet Karataş, Kenan Lopcu","doi":"10.1080/15567249.2022.2136791","DOIUrl":"https://doi.org/10.1080/15567249.2022.2136791","url":null,"abstract":"ABSTRACT Enhancing energy efficiency is important for sustainable economic development and environmental-related issues such as carbon emissions. Therefore, measuring energy efficiency is crucial for countries to achieve economic and environmental objectives. In this study, we utilize the TOPSIS method with the intent of monitoring the energy efficiency of Turkey from the 1980 to 2018 period. Several variables such as renewable and nonrenewable energy consumption, GDP, labor force, and capital stock are employed in calculating energy efficiency scores. Thereafter, we analyze the long-term, symmetric and asymmetric effects of some contextual variables such as capital stock-labor force ratio, renewable energy consumption-total energy consumption ratio, and carbon emission-total energy consumption ratio on energy efficiency via ARDL and nonlinear ARDL models. Results from the linear model indicate that an increase in the renewable energy consumption-total energy consumption ratio and capital stock-labor force ratio increase the energy efficiency. In contrast, an increase in the carbon emission-total energy consumption ratio decreases it. The nonlinear ARDL model, on the other hand, signals asymmetric effects in the long-run but not in the short-run.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":null,"pages":null},"PeriodicalIF":3.9,"publicationDate":"2022-10-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76411433","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Does the audit quality affect the financing efficiency of photovoltaic enterprises? Evidence from listed companies in China","authors":"Ming Pang, Y. Zhang, Ruimin Zhang, Ke Hou","doi":"10.1080/15567249.2022.2136792","DOIUrl":"https://doi.org/10.1080/15567249.2022.2136792","url":null,"abstract":"ABSTRACT The Photovoltaic industry promotes the transformation of China’s energy structure to green and low-carbon, which is of great significance to achieve the goal of “Carbon Peaking and Carbon Neutrality.” At present, the industry is mainly faced with problems such as the drastic reduction of government subsidies and the difficulty of financing. From the perspective of independent auditing, our paper takes 54 A-share listed photovoltaic companies in China from 2011 to 2020 as the research object to study the impact of audit quality on financing efficiency, and the role of agency costs in the relationship between audit quality and financing efficiency.The results show that audit quality is positively related to financing efficiency. For every 1% increase in audit quality, the financing efficiency will increase by 13%. In addition, agency cost plays an intermediary role between audit quality and financing efficiency. For every 1% increase in audit quality, agency cost can be reduced by 34% and financing efficiency can be increased by 25%.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":null,"pages":null},"PeriodicalIF":3.9,"publicationDate":"2022-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81848413","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The interplay between financial development, electricity consumption and foreign direct investment in the GCC countries: new insights from GMM panel VAR","authors":"Hichem Saidi, G. Montasser, Nadia Doytch","doi":"10.1080/15567249.2022.2136875","DOIUrl":"https://doi.org/10.1080/15567249.2022.2136875","url":null,"abstract":"ABSTRACT Over the past years, the economies of the Gulf Cooperation Countries (GCC) countries, which hold a large of the world in oil and gas exports, have suffered from dramatic declines in oil prices. This has put pressure on their policymakers to seek relief from their heavy dependence on natural resources and diversify their exports. At the same time, the GCC countries have high electricity consumption due to their severe climatic conditions. This has prompted their policymakers to consider the inevitable shift to environmentally friendly resources for electricity generation. Foreign direct investment, facilitated by the financial systems of these countries, may play an important role in achieving the above objectives. Therefore, the objectives of our paper are to investigate the relationship between foreign direct investment, electricity consumption, and financial development in GCC countries using a novel GMM-Panel VAR approach. Data are observed from 1990 to 2019. We find bidirectional causality between foreign direct investment and financial development and two unidirectional paths: one from electricity consumption to foreign direct investment and from financial development to electricity consumption. In addition, we observe negative and significant responses of financial development to shocks in electricity consumption. Our results can have a double interpretation. First, they provide an overview of the interactions between the variables studied, whose evolution may be prognosticated with the analysis of shocks resulting from the methodology adopted in our paper. This is serviceable given the recurrent turbulence in the international financial markets and the incessant perturbations in the prices of energy commodities, visually examined especially in recent years. Second, our empirical findings are useful for policymakers willing to have earlier diagnoses for policies strengthening renewable energy use in these countries. Our results can be seen on the side of this objective. The quite developed financial system in these countries may play, indeed, an important role in encouraging the FDI installation in the field of renewable energy.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":null,"pages":null},"PeriodicalIF":3.9,"publicationDate":"2022-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90580041","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"An integrated mixed integer linear programming model for resilient and sustainable natural gas supply chain","authors":"Scholastica N. Emenike, A. Ioannou, G. Falcone","doi":"10.1080/15567249.2022.2118901","DOIUrl":"https://doi.org/10.1080/15567249.2022.2118901","url":null,"abstract":"ABSTRACT Disruptions in the natural gas supply chain result in reduced throughput and associated emissions and losses, causing significant economic, environmental, and social impacts. Therefore, it is crucial to design supply chains that are resilient and sustainable to prevent or reduce the effects of disruptions. This paper proposes a novel Mixed-Integer Linear Programming model, which optimizes the natural gas supply chain in terms of resilience and sustainability, by examining the impact of an additional workflow design (contingency pipeline) located between the shutdown inlet and outlet nodes in the transmission echelon. The model is applied to a “real world” case, using data collected from gas companies operating in Nigeria. Both steady and transient states of the system are examined in this study through a set of scenarios. The best final solution was found to yield 93.6% performance increase when compared to target throughput and 63% performance increase with the introduction of the contingency when compared with the baseline scenario.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":null,"pages":null},"PeriodicalIF":3.9,"publicationDate":"2022-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73058840","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Social acceptance, sources of inequality, and autonomy issues toward sustainable energy transition","authors":"H. Doukas, G. P. Trachanas","doi":"10.1080/15567249.2022.2121383","DOIUrl":"https://doi.org/10.1080/15567249.2022.2121383","url":null,"abstract":"The global energy and climate agenda has been progressing fast, going through different stages and coevolved with scientific advancements (Nikas et al. 2021). In order to reach carbon neutrality, the Intergovernmental Panel on Climate Change (Shukla et al. 2022), clearly states the importance of a multi-pronged approach based, among others, on: phasing out fossil fuels, using renewable energy sources and improving energy efficiency for both supply and demand (Salvia et al. 2021). Despite the beneficiary impact of the transition to cleaner energy, there are various idiosyncratic effects which should also be treated, not only technical, but of social, economic, and political nature (Marinakis et al. 2020). Implementation of appropriate energy policies necessitates the understanding of the level of their social acceptance. Technology and social conflicts may have mutual effects, entailing the potential rejection of technologies and projects by the general public. Therefore, it is important to acquire further knowledge on the components of social acceptance to promote policies and projects implementation toward improving community welfare. To meet sustainability goals, numerous policies have focused on the overall electricity demand. In this direction, the issue of inequality in electricity consumption has attracted growing concerns. In this spirit, investigating the factors affecting electricity consumption is fundamental toward (a) understanding households’ inability to maintain adequate levels of energy and (b) alleviating energy poverty in general (Doukas and Marinakis 2020). At technical level, the integration of renewable energy will be a crucial feature of energy systems, which entails a deep understanding of energy networks (Taylor et al. 2022). In this context, there is a growing debate concerning the role of decentralized and distributed solutions. It is therefore required to formulate evaluation methods that allow cooperation among the different factors toward promoting local energy transition solutions (Ha and Kumar 2021). Moreover, in addition to the established solutions of the solar and wind industry, the focus can also be directed toward the development of less conventional solutions such as the geothermal energy projects. The present Special Issue of the Sustainable Development of Energy, Water and Environment Systems 2020 Conference (SDEWES2020) aims to contribute to the debate on the aforementioned subjects, as well as to the analysis of the effective policies toward a well-established transition of the energy sector.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":null,"pages":null},"PeriodicalIF":3.9,"publicationDate":"2022-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73822378","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}