Solving the Energy Transition Riddle: Renewable Gas for Transport and Renewable Electricity for Heating

2020 ◽  
Author(s):  
Behrang Shirizadeh
Keyword(s):  
Energy Transition ◽  
Renewable Electricity

scholarly journals Procurement, finance and the energy transition: Between global processes and territorial realities

2021 ◽  
pp. 251484862199112
Author(s):  
Lucy Baker
Keyword(s):  
Electricity Generation ◽  
Local Level ◽  
Energy Transition ◽  
Community Empowerment ◽  
Renewable Electricity ◽  
Middle Income ◽  
Middle Income Countries ◽  
Asset Class ◽  
Renewable Electricity Generation ◽  
Utility Scale

Utility-scale renewable electricity generation is essential to decarbonisation as well as to ensuring affordable and secure electricity supplies around the world. Yet thus far there has been limited critical thinking dedicated to the complexities behind the finance and ownership of this new infrastructure and how national and local stakeholders should participate in and benefit from its development, particularly in contexts of high inequality in low- and middle-income countries. As the global renewable energy industry becomes increasingly consolidated and financialised, evidence from a number of countries suggests that despite the pro-environmental outcomes of utility-scale renewable electricity generation, the processes and institutions that procure and finance it have often failed to include or benefit individuals and communities living in the national and local vicinity. This paper therefore sets two key competing objectives of renewable electricity generation in context: as a predictable, long-term revenue stream for investors, and as a mechanism for socio-economic development and community empowerment. Building on scholarship from human geography, development studies and sustainability transitions, my analysis takes forward understandings of the role of finance in utility-scale renewable electricity generation as a key aspect of the political economy of the energy transition. In exploring the evolution of renewable electricity as a new and rapidly emerging asset class I consider how its development is increasingly determined by the frameworks and logics of finance and investment. Drawing on examples from South Africa and Mexico, I address the following questions: What are the evolving configurations and processes of finance and investment in utility-scale renewable electricity generation? How have they been facilitated? And what tensions have arisen from their implementation at the national and local level?

Distributional Effects of Energy Transition: Impacts of Renewable Electricity Support in Germany

2013 ◽  
Vol 2 (1) ◽  
Author(s):  
Karsten Neuhoff ◽  
Stefan Bach ◽  
Jochen Diekmann ◽  
Martin Beznoska ◽  
Tarik El-Laboudy
Keyword(s):  
Energy Transition ◽  
Renewable Electricity ◽  
Distributional Effects

scholarly journals Improving Energy Transition Analysis Tool through Hydropower Statistical Modelling

Energies ◽  
2020 ◽  
Vol 14 (1) ◽  
pp. 98
Author(s):  
Cristobal Gallego-Castillo ◽  
Marta Victoria
Keyword(s):  
Path Analysis ◽  
Co2 Reduction ◽  
Energy Transition ◽  
Statistical Modelling ◽  
Analysis Tool ◽  
Renewable Electricity ◽  
Hydropower Generation ◽  
Transition Path ◽  
Transition Analysis ◽  
Regulatory Constraints

Reservoir and pumped hydro storage facilities represent one of the best options for providing flexibility at low marginal cost and very low life cycle carbon emissions. However, hydropower generation is subject to physical, environmental and regulatory constraints, which introduce complexity in the modelling of hydropower in the context of transition energy analysis. In this article, a probabilistic model for hydropower generation is developed in order to improve an hourly-resolved tool for transition path analysis presented in previous research. The model is based on time series analysis, which exploits the fact that the different constraints affecting hydropower generation were met in the past. The upgraded version of the transition path analysis tool shows a decrease in the hydropower flexibility as compared with previous published results, providing a better picture of the benefits and drawbacks associated with a specific transition path under analysis, for example in terms of assessing the probability of unserved energy. The upgraded version of the tool was employed to analyse the Spanish National Energy and Climate Plan (NECP), finding consistence between proposals associated with the power system and related CO2 reduction and share of renewable electricity targets.

scholarly journals Foreign Direct Investments, Renewable Electricity Output, and Ecological Footprints: Do Financial Globalization Facilitate Renewable Energy Transition and Environmental Welfare in Bangladesh?

2021 ◽  
Author(s):  
Muntasir Murshed ◽  
Mohamed Elheddad ◽  
Rizwan Ahmed ◽  
Mohga Bassim ◽  
Ei Thuzar Than
Keyword(s):  
Renewable Energy ◽  
Environmental Sustainability ◽  
Electricity Generation ◽  
Energy Transition ◽  
Well Being ◽  
Financial Globalization ◽  
Renewable Electricity ◽  
Fdi Inflows ◽  
Ecological Footprints ◽  
Renewable Electricity Generation

AbstractPhasing out fossil fuel dependency to adopt renewable energy technologies is pertinent for both ensuring energy security and for safeguarding the well-being of the environment. However, financial constraints often restrict the developing countries, in particular, from undergoing the renewable energy transition that is necessary for easing the environmental hardships. Against this background, this study makes a novel attempt to evaluate the impacts of FDI inflows on enhancing renewable energy use and attaining environmental sustainability in Bangladesh between 1972 and 2015. Using the autoregressive distributed lags with structural break approach to estimate the short- and long-run elasticities, it is found that FDI inflows enhance the share of renewable electricity output in the total electricity output levels of the country. Besides, FDI inflows are also evidenced to directly hamper environmental quality by boosting the ecological footprints figures of Bangladesh. Hence, it can be said that FDI promotes renewable electricity generation in Bangladesh but transforms the nation into a pollution haven. However, although FDI inflows cannot directly reduce the ecological footprints, a joint ecological footprint mitigation impact of FDI inflows and renewable electricity generation is evidenced. Besides, the findings also verify the authenticity of the Environmental Kuznets Curve hypothesis in Bangladesh’s context. Therefore, economic growth can be referred to as being both the cause and the panacea to the environmental problems faced by Bangladesh. These results, in a nutshell, calls for effective measures to be undertaken for attracting the relatively cleaner FDI in Bangladesh whereby the objectives of renewable energy transition and environmental sustainability can be achieved in tandem. In line with these findings, several appropriate financial globalization policies are recommended.

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