scholarly journals ENVIRONMENTAL POLICY OF RENEWABLE ENERGY INDUSTRY UNDER OPEN CONDITIONS

2020 ◽  
Keyword(s):  
Renewable Energy ◽  
Environmental Policy ◽  
Marginal Revenue ◽  
Pigouvian Tax ◽  
Fossil Energy ◽  
Foreign Manufacturer ◽  
Trade Model ◽  
Positive Externality ◽  
Marginal Damage ◽  
Energy Products

<p>Renewable energy has two environmental externalities: one is the positive externality as an alternative to fossil energy consumption; the other is the negative externality with its production process consuming fossil energy. If the domestic renewable energy products export to foreign country with not only generating but importing renewable energy, what the environmental policy of both domestic and foreign governments should be? To this end, this paper establishes a renewable energy trade model of the two countries having only one firm for each other. Under the Cournot competition, the results show: first, if the two governments have no cooperation, the best environmental policy for domestic government would be taxation, but not necessarily the Pigouvian tax; foreign government not only impose on foreign manufacturer equal to pollution marginal damage, but also subsidize it over the marginal revenue of renewable energy; Second, if the two governments cooperate, the joint pollution tax is Pigouvian tax equal to the marginal damage of total pollution emissions, while joint subsidy is higher than the marginal revenue of total renewable energy.</p>

scholarly journals Study on the production and use of biomass energy in the Timis County

2021 ◽  
Vol 26 (2) ◽  
pp. 2434-2440
Author(s):  
CRISTINA BACĂU ◽  
◽  
NICOLETA MATEOC-SÎRB ◽  
RAMONA CIOLAC ◽  
TEODOR MATEOC ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Energy Production ◽  
Nuclear Energy ◽  
Renewable Energy Sources ◽  
Biomass Energy ◽  
Renewable Energy Resources ◽  
Continuous Increase ◽  
Fossil Energy ◽  
Term Energy

The use of renewable energy resources is gaining more and more ground, thanks to the continuous increase in the price of fossil energy and the decrease in stocks, and the management of waste from nuclear energy production, respectively. The implementation of an energy strategy to harness the potential of renewable energy sources (RES) is part of the coordinates of Romania’s medium – and long-term energy development and provides the appropriate framework for the making of decisions on energy alternatives and the inclusion in the Community acquis in the field. In this respect, a study on the biomass potential of Timiş County and on the possibilities of producing unconventional energy from biomass has been carried out. The study is based on research, data collection from the literature, as well as from official documents or official websites, the processing and interpretation of the data and their quantitative and qualitative analysis. It was concluded that biomass is a promising renewable energy source for Romania, both in terms of potential and in terms of usability.

TINJAUAN SINGKAT OPTIMALISASI PEMANFAATAN ENERGI SURYA PADA SEKTOR RUMAH TANGGA

2021 ◽  
Vol 4 (2) ◽  
Author(s):  
Ligan Budi Pratomo ◽  
Nazaruddin Sinaga
Keyword(s):  
Renewable Energy ◽  
Solar Energy ◽  
Energy Use ◽  
Solar Power ◽  
Renewable Energy Sources ◽  
Electric Energy ◽  
Energy Utilization ◽  
Fossil Energy ◽  
Household Sector ◽  
The Government

Energy use always increases, especially fossil energy. Through the National Energy Policy, the government continues to strive to increase the role of new and renewable energy sources so as to reduce dependence on fossil energy. Solar power generation is a type of renewable energy generator that capable to convert solar energy to electric energy. The main components of solar power generatios are batteries, solar panels, charger controllers, and inverters.  Solar power generations technology itself is always being developed, such as automatic monitoring and sun tracking systems designed to improve system performance. One of the applications of solar power generations is in the household sector. In this sector consumes 49% of the national electricity energy in 2018. This type of generator is categorized as a roof solar power generations. Based on existing data, there were 1400  roof solar power generations users in September 2019. The development of solar energy utilization for the household sector is very appropriate because it can help achieve renewable energy about 23% in 2025 and 31% in 2050 in the national energy mix.

An environmental component of securing the national economy’s innovative development in the Industry 4.0

2021 ◽  
pp. 61-71
Author(s):  
Lyubov H. Smolyar ◽  
Olha I. Ilyash ◽  
Olena O. Trofymenko ◽  
Iryna M. Dzhadan
Keyword(s):  
Renewable Energy ◽  
Environmental Policy ◽  
National Economy ◽  
Industry 4.0 ◽  
Technological Development ◽  
Environmental Indicators ◽  
Pollutant Emissions ◽  
Innovative Development ◽  
Environmental Component ◽  
Stationary Sources

With the development of Industry 4.0, the transformation processes are taking place at the level of the national economy. The needs for energy supply, renewal of fixed assets, expansion of production, and ensuring innovative development are growing. These transformations require the introduction of additional mechanisms to ensure environmental safety. The article investigates the principles of development and functioning of the environmental component of securing the innovative development of the national economy in Industry 4.0. The system of environmental indicators of innovative support of the economy’s industrial and technological development is monitored, namely capital investments in environmental protection, the share of publications in ecology and environment, the share of renewable energy consumption, emissions of pollutants and carbon dioxide into the atmosphere. A relatively high emission rate of 0.57 tons of CO2 per $ 1,000 of GDP is set and this figure is graphically visualized in Ukraine and other countries. The distribution of administrative territories according to the level of pollutant emissions into the atmosphere from stationary sources is presented. The highest values of pollutant emissions from stationary sources are observed in Donetsk and Dnipropetrovsk regions - 31.4% and 23.4%, respectively. The positive dynamics of the growth of renewable energy capacities is determined. The positive preconditions for the introduction of ecological innovations are identified, namely a new procedure for establishing and distributing the ecological tax, a new state environmental policy, bringing Ukrainian environmental policy in line with the standards of leading countries. Ukraine’s position on the Environmental Efficiency Index is determined. The main measures for the development of the environmental component of the economy in the leading countries are analyzed. Recommendations for improving the state policy of industrial and technological development in the framework of activating the environmental component are provided.

scholarly journals Non-Constant Elasticity of Substitution and Intermittent Renewable Energy

2020 ◽  
Vol 49 (2) ◽  
pp. 321-359
Author(s):  
Saketh Aleti ◽  
Gal Hochman
Keyword(s):  
Renewable Energy ◽  
Economic Value ◽  
Market Price ◽  
Electricity Consumption ◽  
Electricity Sector ◽  
Elasticity Of Substitution ◽  
Carbon Taxes ◽  
Constant Elasticity ◽  
Fossil Energy ◽  
Constant Elasticity Of Substitution

In this article, we present a model of the electricity sector where generation technologies are intermittent. The economic value of an electricity generation technology is given by integrating its production profile with the market price of electricity. We use estimates of the consumer's intertemporal elasticity of substitution for electricity consumption while parameterizing the model empirically to numerically calculate the elasticity between renewables and fossil energy. We find that there is a non-constant elasticity of substitution between renewable and fossil energy that depends on prices and intermittency. This suggests that the efficacy and welfare effects of carbon taxes and renewable subsidies vary geographically. Subsidizing research into battery technology and tailoring policy for local energy markets can mitigate these distributional side effects while complementing traditional policies used to promote renewable energy.

scholarly journals RENEWABLE ENERGY PRODUCTS AND CUSTOMER’S PURCHASE INTENTIONS HAVING ENVIRONMENTAL CONCERN

2020 ◽  
Vol 10 (6) ◽  
pp. 14-21
Author(s):  
Muhammad Imran Malik ◽  
Mubashir Ahmad ◽  
Arif Hussain ◽  
Farida Saleem ◽  
Muhammad Kashif Durrani ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Environmental Concern ◽  
Purchase Intentions ◽  
Energy Products

The dynamic dependence of fossil energy, investor sentiment and renewable energy stock markets

2019 ◽  
Vol 84 ◽  
pp. 104564 ◽  
Author(s):  
Yingjie Song ◽  
Qiang Ji ◽  
Ya-Juan Du ◽  
Jiang-Bo Geng
Keyword(s):  
Renewable Energy ◽  
Stock Markets ◽  
Investor Sentiment ◽  
Fossil Energy
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