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1 – 10 of 162Georgy V. Ermolenko, Liliana Proskuryakova and Boris V. Ermolenko
The purpose of the study is to show the technical potentials of a variety of renewable energy sources in Russia, as well as benefits from their deployment including hydrocarbon…
Abstract
Purpose
The purpose of the study is to show the technical potentials of a variety of renewable energy sources in Russia, as well as benefits from their deployment including hydrocarbon savings, emission reduction and lower energy cost.
Design/methodology/approach
In the paper, Russia is compared with other countries in terms of actual installed capacity and its dynamics, actual and projected share of renewables in the energy mix. The authors offer calculations of the technical potentials (fuel, heat energy, electrical energy, resource saving and environmental) of renewables (solar PV, wind, biomass, geothermal, low-grade heat, small hydro), identify social and economic preconditions and key effects of their deployment.
Findings
The paper features calculations on the renewable energy technology potential, based on the data by Andreenko et al. (2015), authors' calculations and statistical data. This study proves that the cumulative technical potential of the renewables in Russia amounts to 133,935 million units of oil equivalent. This study also offers assessments of oil fuel, black coal and natural gas savings that may be achieved by replacing fossil fuels with renewables; assessments of avoided air pollution calculated as CO- and CO2-equivalents.
Originality/value
The paper fills in the gap of comprehensive assessments of renewable energy potentials in Russia and a variety of effects that their deployment may entail, based on a single integral methodology. The authors offer a new evaluation of existing and future renewable energy potentials, overcoming the methodological and data constraints faced by previous similar studies. The up-to-date, comprehensive and accurate data will help make the right investment and policy choices.
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Dalia M. Ibrahiem and Shaimaa A. Hanafy
The purpose of this paper is to examine the dynamic linkages amongst ecological footprints, fossil fuel consumption, real income, globalization and population in Egypt in the…
Abstract
Purpose
The purpose of this paper is to examine the dynamic linkages amongst ecological footprints, fossil fuel consumption, real income, globalization and population in Egypt in the period from 1971 to 2014.
Design/methodology/approach
The paper uses fully modified ordinary least squares (FMOLS) and dynamic ordinary least squares (DOLS) methods to investigate the long run relationships amongst ecological footprints, economic growth, globalization, fossil fuel energy consumption and population. Moreover, the Toda–Yamamoto approach is conducted to examine the causal relationships between variables.
Findings
Empirical results of FMOLS and DOLS methods show that real income and fossil fuel consumption are responsible for deteriorating the environment, while globalization and population are found to mitigate it. As for Toda–Yamamoto–Granger causal relationship results, unidirectional causal relation from globalization, population and fossil fuel energy consumption to the ecological footprint exists. Moreover, bidirectional causal relation between real income on the one hand and globalization and the ecological footprint on the other hand is found.
Originality/value
Using carbon dioxide emissions has major weakness as carbon dioxide emissions are considered only part of the total environmental deterioration so this study is the first study for Egypt that uses the ecological footprint as an indicator for environmental quality and environmental pollution and links it with globalization, economic growth, population and fossil fuel energy consumption. Moreover, realizing the direction of causality between these variables might help policymakers in designing the policies to promote the shift towards clean energy sources, especially that achieving sustainable economic growth with more contribution to the global economy depending on diversification of energy sources without deteriorating the environment is considered one of the most important objectives of Egypt’s National Vision 2030.
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Vahid Mohamad Taghvaee, Mehrab Nodehi, Abbas Assari Arani, Mehrnoosh Rishehri, Shahab Edin Nodehi and Jalil Khodaparast Shirazi
This study aims to develop a price policy for fossil fuel consumption, as it is an effective instrument to manage the demand-side of energy economics.
Abstract
Purpose
This study aims to develop a price policy for fossil fuel consumption, as it is an effective instrument to manage the demand-side of energy economics.
Design/methodology/approach
This research estimates the demand elasticities of diesel, gasoline, fuel oil and kerosene by using static, dynamic and error-correction models in log-linear form.
Findings
The findings show that fossil fuel demand responds to price changes less than income changes, as fuel price is inelastic, but income is elastic. In that respect, the impact of price change decreases constantly with increasing energy price, followed by subsidy reform. Subsidy removal and price policy reformation is the UN recommendation for subsidizing countries, including Iran, to reduce fossil fuel consumption, whose intensity depends on the price elasticities.
Practical implications
As a result of this price policy, diesel, gasoline and liquefied petroleum gas prices should increase at least 1.8%–7.3%, 4.4%–6.4% and 7%–8.6%, respectively, and gradually within 2018–2030. The price policy improves all the pillars of sustainable development, including economy, environment and social (health). Overall, such a target can potentially save 3%–29% of diesel, 34%–56% of gasoline and 15%–20% of liquefied petroleum gas, as well as reduce 15%–40% of CO2 emissions annually, and can save potentially more than 510,000 lives annually. Thus, the energy price policy can fundamentally improve sustainability.
Originality/value
The estimated elasticities outline the required prices to decrease the fossil fuels, according to the UN mitigation targets, as price policy recommendation.
Graphical abstract
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David S. Timmons and Benjamin Weil
Many institutions of higher education have committed to carbon neutrality. Given this goal, the main economic issue is minimizing cost. As for society as a whole, dominant…
Abstract
Purpose
Many institutions of higher education have committed to carbon neutrality. Given this goal, the main economic issue is minimizing cost. As for society as a whole, dominant decarbonization strategies are renewable electricity generation, electrification of end uses and energy efficiency. The purpose of this paper is to describe the optimum combination of strategies.
Design/methodology/approach
There are four questions for eliminating the primary institutional greenhouse gas emissions: how much renewable electricity to produce on-site; where and at what price to purchase the balance of renewable electricity required; how to heat and cool buildings without fossil fuels; and how much to invest in energy efficiency. A method is presented to minimize decarbonization costs by equating marginal costs of the alternates.
Findings
The estimated cost of grid-purchased carbon-free energy is the most important benchmark, determining both the optimal level of campus-produced renewable energy and the optimum efficiency investment. In the context of complete decarbonization, greater efficiency investments may be justified than when individual measures are judged only by fossil-fuel savings.
Practical implications
This paper discusses a theoretically ideal plan and implementation issues such as purchasing carbon-free electricity, calculating marginal costs of conserved energy, nonmarginal cost changes, uncertainty about achieving efficiency targets, and dynamic pricing. The principles described in this study can be used to craft a cost-minimizing decarbonization strategy.
Originality/value
While previous studies discuss decarbonization strategies, there is little economic guidance on which strategies are optimal, on how to combine strategies to minimize cost or how to identify a preferred path to decarbonization.
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Valtteri Kaartemo and Maria Alejandra Gonzalez-Perez
The purpose of this guest editorial is to introduce the special issue entitled “Renewable energy in international business.”
Abstract
Purpose
The purpose of this guest editorial is to introduce the special issue entitled “Renewable energy in international business.”
Design/methodology/approach
This paper presents a research agenda for the topic of the special issue and provides an overview of the articles included.
Findings
This guest editorial contains a discussion of the themes related to the topic, with a particular focus on the global production and adoption of renewable energies and dark sides of international renewable energy.
Research limitations/implications
This guest editorial considers how the articles included in the special issue contribute to research on renewable energy in international business and provides an avenue for future studies for a broader impact.
Originality/value
The discussion raises two important research streams that have remained overlooked in international business research, namely, global production and adoption of renewable energies and dark sides of international renewable energy. This guest editorial also highlights the potential of international business research to become more relevant by incorporating conceptual, methodological and empirical insights that inform the multidisciplinary community of renewable energy researchers.
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Kiarash Fartash and Amir Ghorbani
Scenario planning is a useful approach that helps policymakers to better understand the complexity and uncertainties that lie in the future and to choose the right policy mix to…
Abstract
Purpose
Scenario planning is a useful approach that helps policymakers to better understand the complexity and uncertainties that lie in the future and to choose the right policy mix to support the development of renewable and affordable energy sources. In this regard, this paper aims to present renewable energy (RE) development scenarios in Iran in the horizon of 2030.
Design/methodology/approach
Following the intuitive logic school and the Global Business Network model, the authors identified seven driving forces, according to the expert’s judgment, by brainstorming techniques which influence REs development in the horizon of 2030. By prioritizing driving forces based on their importance and uncertainty, “sustainable and green economy” and “emerging technology development” are the most instrumental uncertainties and the authors formed a two-axis scenario matrix with each representing an axis.
Findings
The results suggest four main scenarios of “Transition to Sustainability with Green Gold,” “Towards Sustainability with Green Gold,” “Productivity with Black Gold” and “Desperation with Black Gold.” They include a wide range of possible situations of energy basket in the future ranging from dominance of fossil fuels to dominance of REs. The “Productivity with Black Gold” and the “Towards Sustainability with Green Gold” are the most probable scenarios of RE development by 2030 in Iran.
Originality/value
This paper indicates that the dominance of oil and gas resources would impede or at least slow down the development of renewable and affordable energy sources. Although the economic and environmental potentials and the inevitability of REs are well-understood, path dependence created by fossil fuels in Iran’s energy regime, either partially or fully, hinders the widespread development of REs which is the case in other resource-based countries as well.
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For India, with its low agricultural productivity and huge population, land acquisition has always been a serious policy challenge in the installation of land-intensive power…
Abstract
Purpose
For India, with its low agricultural productivity and huge population, land acquisition has always been a serious policy challenge in the installation of land-intensive power projects. India has experienced a large number of projects getting stalled because of land conflict. Yet, there is a paucity of literature pertinent to India that tries to estimate future land requirements taking into consideration of land occupation metric.
Design/methodology/approach
In the present study, the dynamic land transformation and land occupation metrics of nine energy sources, both conventional and renewable, are estimated to further determine the magnitude of land requirement that India needs to prepare itself to fulfil its Intended Nationally Determined Contribution (INDC) commitments. This is illustrated through two different scenarios of energy requirement growth rates, namely, conservative and advanced.
Findings
This analysis suggests that, while nuclear energy entails the lowest dynamic land transformation when land occupation metric is taken into account, waste to energy source possesses least land requirement, followed by coal-fired source. Hydro energy source has highest requirement both in terms of dynamic land transformation and land occupation. It is also seen that land requirement will be 96% and 120% more in INDC scenario than business as usual (i.e. if India continues with its current share of renewables in its energy portfolio in 2030) considering a conservative and an advanced growth rate, respectively.
Research limitations/implications
Some policy recommendations are provided that may aid policymakers to better address the trade-off between clean energy and land and incorporate it into policy planning. This study has not been able to consider future technical efficiency improvement possibilities for all energy sources, which can be incorporated in the proposed framework for further insight.
Originality/value
This paper provides a framework for estimation of future land requirement to fulfil India’s INDC energy plans which is not available in existing literature. The authors confirm that this manuscript is an original work.
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Mohammad Younus Bhat, Arfat Ahmad Sofi and Shambhu Sajith
This study explores the interplay among climate change, economic growth and energy consumption in G20 countries by considering the role of green energy.
Abstract
Purpose
This study explores the interplay among climate change, economic growth and energy consumption in G20 countries by considering the role of green energy.
Design/methodology/approach
This study uses various empirical tools to determine the association between carbon emissions, economic growth, renewables, non-renewables, population and urbanization for a panel of G20 countries between 1990 and 2014.
Findings
Empirical outcomes from various empirical tools reveal a positive and significant impact of economic growth, non-renewable energy consumption and urbanization on carbon emissions, and their increase will further lead to the deterioration of environmental quality. The elasticity coefficient of renewable energy coefficient is negative and significant implying an increase in its consumption will improve environmental quality. Panel causality test results reveal the existence of both short-run and long-run causality among the variables. Therefore, results infer that a reduction in the consumption of non-renewable and substitution with renewables will have a significant impact on carbon emission mitigation.
Originality/value
Through this study, the authors suggest the sustainable use of renewables as they are sustainable, secure, efficient, environmentally justifiable and economically viable sources of energy. Therefore, replacing traditional non-renewables with modern renewables has the potential in avoiding the dangerous impacts of greenhouse gases (GHGs) particularly in the G20 countries. This paper intends to guide policymakers regarding the environmental quality and renewable energy consumption required to hold back the fossil fuel dependence for a cleaner and greener planet.
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Jan Rotmans, René Kemp and Marjolein van Asselt
Transitions are transformation processes in which society changes in a fundamental way over a generation or more. Although the goals of a transition are ultimately chosen by…
Abstract
Transitions are transformation processes in which society changes in a fundamental way over a generation or more. Although the goals of a transition are ultimately chosen by society, governments can play a role in bringing about structural change in a stepwise manner. Their management involves sensitivity to existing dynamics and regular adjustment of goals to overcome the conflict between long‐term ambition and short‐term concerns. This article uses the example of a transition to a low emission energy supply in the Netherlands to argue that transition management provides a basis for coherence and consistency in public policy and can be the spur to sustainable development.
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Stuti Haldar and Gautam Sharma
The purpose of this study is to investigate the impacts of urbanization on per capita energy consumption and emissions in India.
Abstract
Purpose
The purpose of this study is to investigate the impacts of urbanization on per capita energy consumption and emissions in India.
Design/methodology/approach
The present study analyses the effects of urbanization on energy consumption patterns by using the Stochastic Impacts by Regression on Population, Affluence and Technology in India. Time series data from the period of 1960 to 2015 has been considered for the analysis. Variables including Population, GDP per capita, Energy intensity, share of industry in GDP, share of Services in GDP, total energy use and urbanization from World Bank data sources have been used for investigating the relationship between urbanization, affluence and energy use.
Findings
Energy demand is positively related to affluence (economic growth). Further the results of the analysis also suggest that, as urbanization, GDP and population are bound to increase in the future, consequently resulting in increased carbon dioxide emissions caused by increased energy demand and consumption. Thus, reducing the energy intensity is key to energy security and lower carbon dioxide emissions for India.
Research limitations/implications
The study will have important policy implications for India’s energy sector transition toward non- conventional, clean energy sources in the wake of growing share of its population residing in urban spaces.
Originality/value
There are limited number of studies considering the impacts of population density on per capita energy use. So this study also contributes methodologically by establishing per capita energy use as a function of population density and technology (i.e. growth rates of industrial and service sector).
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