305 research outputs found

    “Dark” Materials for a Brighter Energy Future

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    Clean energy is essential for meeting global greenhouse gas mitigation targets, but the technology requires increasing quantities of minerals, the mining of which can inflict social, political, and environmental damage. Local environmental issues and global emission reductions present a trade-off that could prove pivotal for future mineral supply

    Framework for Assessment of the Economic Vulnerability of Energy-Resource-Exporting Countries

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    Energy security is widely examined from the perspective of energy import vulnerability, but it is less common to evaluate the vulnerability of energy exporters. This paper presents an assessment framework and quantitative scorecard for evaluating the economic vulnerability of countries with significant energy exports. The background research of various related conceptual frameworks distils useful insights from energy security, corporate risks, and general economic vulnerability. Carbon exposure, largely missing from related work, is introduced to the study in new factors to evaluate exporter vulnerability to increasing global action on climate change. A holistic view is taken of all energy resource exports as a novel approach, rather than focusing on individual fuels. The developed scorecard is used to provide case studies of five major global energy exporters with comparative analysis between countries and over time

    Investigating Preconditions for Sustainable Renewable Energy Product–Service Systems in Retail Electricity Markets

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    Energy transitions are complex and involve interrelated changes in the socio-technical dimensions of society. One major barrier to renewable energy transitions is lock-in from the incumbent socio-technical regime. This study evaluates Energy Product–Service Systems (EPSS) as a renewable energy market mechanism. EPSS offer electricity service performance instead of energy products and appliances for household consumers. Through consumers buying the service, the provider company is enabled to choose, manage and control electrical appliances for best-matched service delivery. Given the heterogenous market players and future uncertainties, this study aims to identify the necessary conditions to achieve a sustainable renewable energy market. Simulation-Based Design for EPSS framework is implemented to assess various hypothetical market conditions’ impact on market efficiency in the short term and long term. The results reveal the specific market characteristics that have a higher chance of causing unexpected results. Ultimately, this paper demonstrates the advantage of implementing Simulation-Based Design for EPSS to design retail electricity markets for renewable energy under competing market mechanisms with heterogenous economic agents

    Costs and carbon emissions of shared autonomous electric vehicles in a Virtual Power Plant and Microgrid with renewable energy

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    5th International Conference on Power and Energy Systems Engineering (CPESE 2018), 19-21 September 2018, Nagoya, Japan.Shared autonomous electric vehicles (SAEVs) are expected to become commercially available within the next decade. This technology could transform transport paradigms and alter the availability of controllable storage from electrified transportation. This work describes a novel simulation methodology for investigating the potential for SAEVs to act as storage in the framework of a Virtual Power Plant or a microgrid with intermittent renewable energy. The model simulates aggregate storage availability from vehicles based on transport patterns and optimizes charging. We study the case of a grid-connected VPP with rooftop solar and the case of a isolated microgrid with solar, wind, and dispatchable generation. The results show that SAEVs offer significantly lower costs compared to private vehicles. SAEVs can also substantially increase renewable energy utilization in a microgrid

    Editorial: Sustainable Energy Production and Consumption: System Accounting, Integrated Management, Policy Responses

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    Editorial on the Research Topic: Sustainable Energy Production and Consumption: System Accounting, Integrated Management, Policy Response

    Study on Behavioral Decision Making by Power Generation Companies Regarding Energy Transitions under Uncertainty

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    With respect to decision making by companies, normative approaches such as the net present value (NPV) method are widely applied, even though it is known that investors may make non-normative decisions. This study aimed to obtain new information on the decision-making behavior of renewable energy (RE) companies under uncertainty in the energy market, which is not provided by the conventional normative approach. In this study, we designed a novel framework that expressed both normative and non-normative perspectives of decision making, and developed a behavioral decision-making model of a power generation company investing in large-scale RE (RE company). We also examined the decisions of the RE company under uncertainty in the energy market using the developed model, considering the Kansai region in Japan as an example study area. As a result, compared to the conventional NPV method, we obtained the following information: (i) heavy investments in either photovoltaics (PV) or wind resulted in decreased variable renewable energy (VRE) capacity, even though financial support was sufficient; (ii) balanced investments in both PV and wind yielded a larger VRE capacity in cases where financial support was sufficient; and (iii) co-worker’s suggestions that lowered the decision-makers’ reference point (RFP) encouraged VRE investments despite insufficient financial support

    Just Transitions in Japan

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    Just Transitions to Decarbonisation in the Asia-Pacifi

    Supply risk evolution of raw materials for batteries and fossil fuels for selected OECD countries (2000–2018)

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    Fossil fuels are the dominant form of storable energy, but their share in the global energy supply is slowly diminishing due to climate mitigation policies. Alternative energy production from variable renewable energy sources for both stationary and mobile use requires some form of energy storage. Batteries are the current frontrunner for this application, particularly with Li-ion batteries that are reliable and highly efficient. However, batteries themselves have evolved to meet current requirements and expectations. These changes in battery chemistry have shifted the dependency on raw materials used to produce them. Raw materials critical for battery production are subject to supply risk due to their availability or trade policies prompting a need for supply risk assessment. Such resource supply risks depend on the perspective of the importing country or region. By analysing the supply risk of raw materials used in the production of batteries in comparison to fossil fuels, it is possible to understand the shift in risk to storable energy that is underway. In this study, we analyse the supply risk of selected raw materials used in batteries and compare it with the supply risk of fossil fuels for the period 2000 to 2018 from the perspective of the European Union, USA, South Korea, Japan, Canada and Australia using the GeoPolRisk method. Our analysis demonstrates a higher risk of supply for raw materials compared to that of fossil fuels for all the selected territories. Rare earth elements, graphite and magnesium, are amongst the raw materials with the highest supply risk due to their concentrated production in one or only a few countries. Countries have recognised the need for raw material security and made specific policies to ensure secure supply. Raw material security is an emerging concern for all the countries, especially in the case of batteries for major manufacturing nations that are heavily import-dependent. Raw materials producing countries like Canada and Australia focused on stockpiling minerals and minerals exploration while importing countries such as Japan and South Korea are looking for alternate sources for their supply. The results from our analysis suggest that the necessary policy reforms taken for energy security have benefited all the countries with a reduced risk of fossil fuel supply, while similar policies to secure raw materials are discussed but not yet fully implemented

    Will Capacity Mechanisms Conflict with Carbon Pricing?

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    Climate change and related national mitigation targets make the decarbonization of the power sector an urgent need. The power sector faces the challenge of considering the design and interaction between emission reduction policies, which can sometimes counteract each other. This study proposes a framework that can be used to quantitatively study the qualitative link between carbon pricing and capacity pricing. The framework is validated through a case study in Hokkaido, Japan, and used to further investigate the interaction between the two policies through a System Dynamics simulation model and scenario design. The results indicate that a carbon price would promote the introduction of wind power, as well as the reduction in fossil fuels, while the capacity price will mitigate the boom-and-bust investment cycle and stabilize electricity prices. However, when the two policy-based prices act on the power system simultaneously, the advantages will be offset by each other. The existence of the capacity price partially offsets the emission reduction effect of the carbon price, and the carbon price with a lower floor will also indirectly squeeze the generation space of flexible power plants. In order to address these inefficiencies, this study proposed a capacity price focused on subsidizing flexible power plants and also coupled with a higher floor carbon price, which results in a consistent incentive. It also promotes the decommissioning of carbon-intensive base-load power plants and reduces CO₂ emissions significantly

    Challenges toward achieving a successful hydrogen economy in the US: Potential end-use and infrastructure analysis to the year 2100

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    Fossil fuels continue to exacerbate climate change due to large carbon emissions resulting from their use across a number of sectors. An energy transition away from fossil fuels seems inevitable, and energy sources such as renewables and hydrogen may provide a low carbon alternative for the future energy system, particularly in large emitting nations such as the United States. This research quantifies and maps potential hydrogen fuel distribution pathways for the continental US, reflecting technological changes, barriers to deployment, and end-use-cases from 2020 to 2100, clarifying the potential role of hydrogen in the US energy transition. The methodology consists of two parts, a linear optimization of the global energy system constrained by carbon reduction targets and system cost, followed by a projection of hydrogen infrastructure development. Key findings include the emergence of trade pattern diversification, with a greater variety of end-uses associated with imported fuels and greater annual hydrogen consumption over time. Further, sensitivity analysis identified the influence of complementary technologies including nuclear power and carbon capture and storage technologies. We conclude that hydrogen penetration into the US energy system is economically viable and can contribute toward achieving Paris Agreement and more aggressive carbon reduction targets in the future
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