Market players in the energy sector transition are heterogeneous, have bounded rationality and are influenced by their own past failures, as well as imitating the successes of their competitors. However this agent heterogeneity and complex behaviour in investment choices is not taken into...

The largest contributor to environmental deterioration, the carbon footprint, arises from excessive fossil fuel consumption. Meanwhile, international experts note that despite the positive dynamics in the issue of making commitments to carbon-zero targets, most companies around the globe do not...

At COP26, India has committed to achieve net zero emissions by 2070. For economy wide net zero, the power system should be first to attain it. This paper explores the role of different technologies, CO2 capture and storage (CCS), nuclear, solar PV and thermal, battery storage, pumped storage,...

The sustainable energy transition taking place in the 21st century requires a major revamping of the energy sector. Improvements are required not only in terms of the resources and technologies used for power generation but also in the transmission and distribution system. Distributed generation...

This paper introduces the Electricity Generation Emissions (EGE) tracker as a new indicator for measuring the decarbonization process associated with the electricity generation mix. The EGE is a composite indicator calculated at the cross-country level on the basis of electricity production of...

The electrical power and land transportation systems of the Dominican Republic are facing significant challenges due to growing demand in both sectors. These two systems are responsible for around 62% of greenhouse gas (GHG) emissions. With the deployment of electric mobility, the power and...

This paper discusses the development of Business-as-usual (BAU) and low-emission scenarios for the energy sector in Ethiopia. This is done as part of efforts by the government to develop a Long-term Low Emissions Development Strategy (LT-LEDS) for the country. The process is conducted in...

The study aims to assess the alternatives to the diversification of energy carriers in the ASEAN member countries in the context of minimizing the risks associated with the creation of an energy portfolio. The indicator of the diversification of the energy carriers of the country based on the...

In this study, the economic and environmental benefits of stand-alone and grid integration are thoroughly analyzed with different system configurations of a PV/Wind/Diesel/Battery based hybrid energy system (HES) for five different climatic regions using hybrid optimization model for electric...

Financial institutions around the world have announced halts to financing of coal-fired power plants (CFPPs). Non-profit and non-governmental organisations have financing, developed databases and reports that provide information on financial data and CFPP projects, as well as the quality of the...