17,744 research outputs found

    The political economy of decarbonisation: exploring the dynamics of South Africa’s electricity sector

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    South Africa’s coal-dominated electricity sector, a key feature of the country’s minerals-energy complex, is in crisis and subject to change. This offers potential opportunities for decarbonisation. Despite positive examples of decarbonisation in South Africa’s electricity sector, such as a procurement programme for renewable energy, there are structural path dependencies linked to coal-fired generation and security of supply. Decarbonisation goes far beyond what is technologically or even economically feasible, to encompass a complexity of political, social and economic factors. Meanwhile, decision-making in electricity is highly politicised and lack of transparency and power struggles in the policy sphere pose key challenges. Such power struggles are reflected in national debates over which technologies should be prioritised and the institutional arrangements that should facilitate them

    Simulating the deep decarbonisation of residential heating for limiting global warming to 1.5C

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    Whole-economy scenarios for limiting global warming to 1.5C suggest that direct carbon emissions in the buildings sector should decrease to almost zero by 2050, but leave unanswered the question how this could be achieved by real-world policies. We take a modelling-based approach for simulating which policy measures could induce an almost-complete decarbonisation of residential heating, the by far largest source of direct emissions in residential buildings. Under which assumptions is it possible, and how long would it take? Policy effectiveness highly depends on behavioural decision- making by households, especially in a context of deep decarbonisation and rapid transformation. We therefore use the non-equilibrium bottom-up model FTT:Heat to simulate policies for a transition towards low-carbon heating in a context of inertia and bounded rationality, focusing on the uptake of heating technologies. Results indicate that the near-zero decarbonisation is achievable by 2050, but requires substantial policy efforts. Policy mixes are projected to be more effective and robust for driving the market of efficient low-carbon technologies, compared to the reliance on a carbon tax as the only policy instrument. In combination with subsidies for renewables, near-complete decarbonisation could be achieved with a residential carbon tax of 50-200Euro/tCO2. The policy-induced technology transition would increase average heating costs faced by households initially, but could also lead to cost reductions in most world regions in the medium term. Model projections illustrate the uncertainty that is attached to household behaviour for prematurely replacing heating systems

    UK energy strategies under uncertainty: synthesis report

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    Inclusion of on-site renewables in design-stage building life cycle assessments

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    This paper investigates the inclusion of renewables in building life cycle assessments. On-site renewable electricity generation is increasingly common in the built environment, but existing guidance for the inclusion of these renewable systems in design-stage life cycle assessment is limited. The life cycle assessment of a building with 42.8 kWpeak solar photovoltaic array is used as a case study to investigate the effect of different assumptions on the assessment outcome. The case study results are then used to suggest good practice. The paper also highlights where further research is required to provide reliable design-stage assessments in future

    Accounting for decarbonisation and reducing capital at risk in the S&P500

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    This document is the Accepted Manuscript version of the following article: Colin Haslam, Nick Tsitsianis, Glen Lehman, Tord Andersson, and John Malamatenios, ‘Accounting for decarbonisation and reducing capital at risk in the S&P500’, Accounting Forum, Vol. 42 91): 119-129, March 2018. Under embargo until 7 August 2019. The final, definitive version is available online at doi: https://doi.org/10.1016/j.accfor.2018.01.004.This article accounts for carbon emissions in the S&P 500 and explores the extent to which capital is at risk from decarbonising value chains. At a global level it is proving difficult to decouple carbon emissions from GDP growth. Top-down legal and regulatory arrangements envisaged by the Kyoto Protocol are practically redundant given inconsistent political commitment to mitigating global climate change and promoting sustainability. The United Nations Environment Programme (UNEP) and European Commission (EC) are promoting the role of financial markets and financial institutions as drivers of behavioural change mobilising capital allocations to decarbonise corporate activity.Peer reviewe

    The governance of innovation diffusion – a socio-technical analysis of energy policy

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    This paper describes a dynamic price mechanism to coordinate electric power generation from micro Combined Heat and Power (micro-CHP) systems in a network of households. It is assumed that the households are prosumers, i.e. both producers and consumers of electricity. The control is done on household level in a completely distributed manner. Avoiding a centralized controller both eases computation complexity and preserves communication structure in the network. Local information is used to decide to turn on or off the micro-CHP, but through price signals between the prosumers the network as a whole operates in a cooperative way

    Going for zero: state decarbonisation strategies for prosperity in a zero-emission world

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    This paper explains why states should have a decarbonisation strategy and explores some key policy elements. Abstract Across the world, governments at all levels are implementing policies to reduce carbon emissions, address local air pollution, improve energy productivity, grow new industries and address energy security concerns. While these initiatives are as yet insufficient to avoid dangerous climate change or achieve the internationally agreed goal of avoiding 2°C warming above pre-industrial levels, the trend is clear. What is also clear is the ultimate destination or strategic objective that these policies need to have: the progressive phase-out of emissions to reach net zero levels, or ‘decarbonisation’. The OECD, World Bank and latest IPCC report have warned that avoiding irreversible and severe climate change impacts will require the global economy to be decarbonised before the end of the century. This requires energy systems, particularly electricity, to decarbonise well before then. Private sector actors are also moving forward. Leading multinational business groups and corporate leaders have called for action to achieve net zero global emissions by 2050. The financial sector is increasingly aware of the risks of ‘stranded assets’ resulting from both global decarbonisation efforts and the physical impacts of climate change. In Australia recent political and policy turmoil saw state governments retreat from many past climate policy initiatives. However some governments are now reconsidering their position and the risks posed to their economies and communities should they be left behind by this global trend toward decarbonisation. This paper explains why states should have a decarbonisation strategy and explores these key policy elements: Setting binding emission limits on major emitting facilities Incorporating carbon considerations into policy and planning processes Using procurement and management policies to help build markets for lower emission goods and services Continuing to develop and link energy efficiency policy frameworks Providing assistance: funding, technical, regulatory, trainin

    Hydrogen and fuel cell technologies for heating: A review

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    The debate on low-carbon heat in Europe has become focused on a narrow range of technological options and has largely neglected hydrogen and fuel cell technologies, despite these receiving strong support towards commercialisation in Asia. This review examines the potential benefits of these technologies across different markets, particularly the current state of development and performance of fuel cell micro-CHP. Fuel cells offer some important benefits over other low-carbon heating technologies, and steady cost reductions through innovation are bringing fuel cells close to commercialisation in several countries. Moreover, fuel cells offer wider energy system benefits for high-latitude countries with peak electricity demands in winter. Hydrogen is a zero-carbon alternative to natural gas, which could be particularly valuable for those countries with extensive natural gas distribution networks, but many national energy system models examine neither hydrogen nor fuel cells for heating. There is a need to include hydrogen and fuel cell heating technologies in future scenario analyses, and for policymakers to take into account the full value of the potential contribution of hydrogen and fuel cells to low-carbon energy systems
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