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Ethiopia’s energy sector faces critical challenges to meeting steadily increasing demand given limited infrastructure, heavy reliance on hydroelectric power, and underdevelopment of alternative energy resources. The main aim of this paper is to investigate an optimal least cost investment...
Persistent link: https://www.econbiz.de/10011307836
In recent times, the People's Republic of China (PRC) has faced significant challenges in terms of managing its environment and moving forward with the concept of sustainable economic development. The environmental challenges concern the increasing consumption of fossil fuel energy, which has...
Persistent link: https://www.econbiz.de/10012132093
Emission-free hydrogen (H2) is crucial to decarbonize energy supply and to tackle the climate crisis. To unlock the potential of H2, pipelines infrastructures and related investments are required to enable trade. However, it is uncertain what future H2 infrastructure will be needed. The paper...
Persistent link: https://www.econbiz.de/10013413233
Subsidies to renewable energy are costly and contentious. We estimate the reduction in prices that follows from the subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large-scale transfer of surplus from the incumbent...
Persistent link: https://www.econbiz.de/10011573888
Lack of cooling and cold-chain access is a critical development challenge that has significant implications for people's livelihoods, productivity, health, food, and nutritional security. While business-as-usual demand projections suggest 19 new cooling appliances will be sold every second by...
Persistent link: https://www.econbiz.de/10013264856
Persistent link: https://www.econbiz.de/10011957308
The Republic of Korea fully launched its green finance scheme in 2009 and then introduced the environmental information disclosure system and the emission trading scheme in 2013 and 2015, respectively. However, their use has not increased dramatically, as the public sector has taken the major...
Persistent link: https://www.econbiz.de/10011936128
One of the lessons learned from the German effort under the heading of Energiewende is the insight that simply shifting to renewables and recommending improving energy efficiency is not sufficient to lower greenhouse gas emissions. Combined with the expected radical change of technologies this...
Persistent link: https://www.econbiz.de/10011863460
Following the successful climate agreement in Paris, global attention shifted quickly to how countries will achieve their nationally determined contributions. To achieve the goals, governments need to make full use of the private sector capacity to unlock much larger flows of private investment...
Persistent link: https://www.econbiz.de/10011902695
Ongoing climate change affects complex and long-lived infrastructures like electricity systems. Particularly for decarbonized electricity systems based on variable renewable energies, there is a variety of impact mechanisms working differently in size and direction. Main impacts for Europe...
Persistent link: https://www.econbiz.de/10011990909