Climate change is considered as one of the major systematic risks for global society in the 21st century. Yet, serious efforts to slow the accumulation of emissions are still in their primordial stage and policy makers fail to give proper long-term signals to emitters. These days, investors do...

The increasing pressure resulting from the need for CO2 mitigation is in conflict with the predominance of coal in China's energy structure. A possible solution to this tension between climate change and fossil fuel consumption fact could be the introduction of the carbon capture and storage...

The liberalization of electricity markets in recent years has enhanced competition among power-generating firms facing uncertain decisions of competitors and thus uncertain prices. At the same time, promoting renewable energy has been a key ingredient in energy policy seeking to de-carbonize the...

Electricity generation is an important source of total CO2 emissions, which in turn have been found to relate to an acceleration of global warming. Given that many OECD countries have to replace substantial portions of their electricity-generating capacity over the next 10-20 years,...

This paper studies the forecasting abilities of a battery of univariate models on hourly electricity spot prices, using data from the Leipzig Power Exchange. The specifications studied include autoregressive models, autoregressive-moving average models and unobserved component models. The...

India is expected to at least double its fuel consumption in the transportation sector by 2030. To contribute to the fuel supply, renewable energies such as jatropha appear to be an attractive resource for biodiesel production in India as it can be grown on waste land and does not need intensive...

We present a result of hourly simulation performed using hourly load data and the corresponding simulated output of wind and solar technologies distributed throughout the state of California. We examined how we could achieve very high-energy penetration from intermittent renewable system into...