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% of electricity is generated by renewables only, and 74% of CO2 reduction is possible by 2050. If the maximum energy … savings potential is combined with the ARET scenario, the renewables share in electricity supply rises to 36% as compared to …
Persistent link: https://www.econbiz.de/10011118441
In recent years, renewable energy technologies have been advocated in Small Island Developing States (SIDS) in the Pacific as a risk-mitigation measure against oil price volatility. Despite this, there have been no attempts to measure the impact of renewable technologies on financial risk in...
Persistent link: https://www.econbiz.de/10011185966
, transport, and storage (CCTS), while the cost of renewables tends to be overestimated. In particular this applies to … contrast to renewables, neither nuclear energy nor carbon capture, transport, and storage are cost efficient enough to play a … development of renewables. This requires the setting of ambitious renewables targets for 2030 as well as clear emissions reduction …
Persistent link: https://www.econbiz.de/10010818205
renewables allow the Persian Gulf sheikhdom to meet rising electricity demand without simultaneous increases in conventional … unable to handle a demand peak that extends past sundown. Renewables offer an intermittent electricity supply at a much … negligible. This paper finds two main benefits, among several limitations. First, renewables may allow reduced fuel consumption …
Persistent link: https://www.econbiz.de/10010790555
The paper presents highlights of the 62nd Statistical Review of World Energy prepared by BP Group Economics. It puts forward BP's view on the dynamics of global energy markets and factors determining prices on these markets. The Report illustrates key trends in production, consumption and trade...
Persistent link: https://www.econbiz.de/10010839445
average electricity price remains constant. This work quantifies the effect of variability on the market value of renewables … consumption. For solar power, the drop is even sharper. Hence competitiveness for large-scale renewables deployment will be more …
Persistent link: https://www.econbiz.de/10010904938
the following coal-only phase, and a flat carbon tax during the final renewables-only phase. The “laissez-faire” outcome … energy). Subsidizing renewables to just below the cost of coal does not affect the oil-only phase. The gain in green welfare … carbon tax a prohibitive coal tax leads to less oil left in situ and substantially delays introduction of renewables, but …
Persistent link: https://www.econbiz.de/10011056216
The European Council has proposed to stick to a more ambitious GHG target but to scrap a binding RES target for the post-2020 period. This is in line with many existing assessments which demonstrate that additional RES policies impair the cost-effectiveness of addressing a single CO2...
Persistent link: https://www.econbiz.de/10010961600
The old electricity network infrastructure has proven to be inadequate, with respect to modern challenges such as alternative energy sources, electricity demand and energy saving policies. Moreover, Information and Communication Technologies (ICT) seem to have reached an adequate level of...
Persistent link: https://www.econbiz.de/10011031434
public support to renewables and cogeneration has led to a considerable expansion of these energy sources and electricity … renewables and cogeneration is associated with a reduction of almost 2€ per MWh in electricity prices (around 4% of the average …
Persistent link: https://www.econbiz.de/10011039519