Future market developments determine the fate of fossil fuel carbon currently conserved unilaterally. Dynamic fuel depletion naturally suggests leakage rates approaching 100%. Reasons for lower leakage differ from what limits rates in previous studies. Discounting reduces present-value leakage...

Future market developments determine the fate of fossil fuel carbon currently conserved unilaterally. Dynamic fuel depletion naturally suggests leakage rates approaching 100%. Reasons for lower leakage differ from what limits rates in previous studies. Discounting reduces present-value leakage...

The dependency on fossil fuels has arisen two kinds of worries: firstly, its linked environmental impacts, especially the climate change effects; secondly, the depletion of the finite reserves. Each concern has prevailed in different historical moments. In any case, CO2 emissions and massive use...

Future market developments determine the fate of fossil fuel carbon currently conserved unilaterally. Dynamic fuel depletion naturally suggests leakage rates approaching 100%. Reasons for lower leakage differ from what limits rates in previous studies. Discounting reduces present-value leakage...

To reach climate targets, future energy systems must rely heavily on variable renewable energy sources (VRES) such as wind and photovoltaic (PV). As the share of VRES increases, the topics of flexibility and the smart interplay of different flexibility options grow in importance. One way to...

Integrated assessment models (IAMs) are a cornerstone of an effective approach to climate change mitigation. Despite the variety of methodologies for characterising the energy system, land use change, economics, and climate response, the modelling community has an open and urgent request for...

We perform a global case study to assess the implications of spatial resolution in electricity systems modelling. The global model PLEXOS-World is used to optimize the long-term capacity expansion and short-term operation of a global net-zero electricity system under alternative spatial...

The European Union (EU) has pledged to reduce greenhouse gas (GHG) emissions until the year 2030 by 55% compared to 1990. Recently, the EU institutions decided to introduce a new Emission Trading System for road transport, buildings and fuels for additional sectors (ETS2) in addition to the...

Hybrid renewable energy systems have garnered considerable attention as sustainable power sources for remote off-grid islands in the Philippines. Consequently, they have been the subject of numerous techno-economic investigations. However, comprehensive explorations into the viability of 100 %...