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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...
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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,...
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Governments around the world are faced with the challenge of ensuring electricity security and meeting growing electricity uses while simultaneously cutting emissions. The significant increase in renewables and electrification of end-uses plays a central role in clean energy transitions....
Persistent link: https://www.econbiz.de/10012696501
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...
Persistent link: https://www.econbiz.de/10014541547
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...
Persistent link: https://www.econbiz.de/10014574971
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...
Persistent link: https://www.econbiz.de/10014583308
Upon discussion of price setting on electricity wholesale markets, many refer to the so-called merit order model. Conventional wisdom holds that during most hours of the year, coal- or natural gas-fired power plants set the price on European markets. In this context, this paper analyses price...
Persistent link: https://www.econbiz.de/10011948155
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