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Climate Change and Low-Carbon Economy
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Climate Change and Low-Carbon Economy

A special issue of Energies (ISSN 1996-1073). This special issue belongs to the section "C: Energy Economics and Policy".

Deadline for manuscript submissions: closed (28 February 2022) | Viewed by 13035

Special Issue Editors

Dr. Leonidas Paroussos

E-Mail Website
Guest Editor
Division of Electric Power, National Technical University of Athens, 10431 Athens, Greece
Interests: CGE; climate change economics; energy economics
Special Issues, Collections and Topics in MDPI journals
Dr. Zoi Vrontisi

E-Mail
Guest Editor
National Technical University of Athens, Department of Electrical and Computer Engineering, 10682 Athens, Greece
Interests: energy policy; climate change economics; sustainable development
Dr. Kostas Fragkiadakis

E-Mail
Guest Editor
E3Modelling S.A., Panormou 70-72, PO 11523 Athens, Greece
Interests: economics; energy; environment
Dr. Panagiotis Fragkos

E-Mail Website
Guest Editor
E3Modelling Lab, PO 11523 Athens, Greece
Interests: energy; economics; climate
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

Mitigation of GHG emissions and the transition to a low carbon economy are complex processes that develop in a dynamic framework where prices, technology costs, production structures, financial conditions, consumer preferences, and habits evolve, requiring different and new types of labor skills, fuels, infrastructure, materials, and regulations. The transition is characterized by high needs for financial capital, competitive technologies, and advanced labor skills. These features may trigger different dynamics in the socioeconomic system through alternative growth channels. Technical progress and demand stimuli are only a few of the many growth instruments that the transition will impact. The transition is not expected to have uniform effects across countries and sectors: Those that supply the goods and services required for the transition (RES equipment manufacturers, producers of energy saving materials/equipment, engineers, etc.) are expected to benefit, while fossil energy exporters, producers of fossil fuel using equipment, and associated workers are expected to lose in terms of welfare.

This Special Issue focuses on analyzing the impacts of the transition to a low carbon economy from a technological and socioeconomic point of view. The Special Issue will cover a wide range of aspects related to low carbon economy transition such as: i) growth dynamics, ii) financial aspects, iii) equity and efficiency, iv) fuel and technology, and iv) regional, sectoral, and income distributional implications. Original research and review papers are invited.

Dr. Leonidas Paroussos
Dr. Zoi Vrontisi
Dr. Kostas Fragkiadakis
Dr. Panagiotis Fragkos
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Energies is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • Economic models
  • Technical progress
  • Allocation of GHG abatement effort
  • RES
  • UNFCCC
  • 5 climate target
  • Mega trends
  • Circular economy
  • Digitization
  • Energy system models
  • CGE
  • Soft landing
  • Per capita convergence
  • Labor skills
  • NUTS 2 regional classification
  • NUTS 3 regional classification
  • Macroeconometric
  • Multiple households
  • R&D
  • Crowding out
  • Technology spillovers
  • Financial learning
  • Multiple households
  • Hydrogen
  • Storage
  • Batteries
  • Clean energy fuels
  • Negative GHG emissions
  • Greenhouse gas (GHG) emission
  • Climate change
  • Global warming
  • Carbon emission
  • Carbon emission reduction
  • Carbon emission cost analysis
  • Greenhouse gas reduction
  • Carbon tax
  • Carbon trading
  • Cap-and-trade
  • Carbon offset
  • Carbon pricing
  • Carbon footprint
  • Decarbonizing the economy
  • Carbon capture and storage
  • Carbon recycling
  • Renewable energy
  • Energy tax
  • Energy saving method
  • Increasing energy efficiency
  • Zero/low carbon energy
  • Sustainable transportation
  • Vehicle emission reduction
  • Zero/low emission vehicle
  • Electrification
  • Zero/low emission building

Published Papers (4 papers)

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Research

22 pages, 2795 KiB  
Article
Techno-Economic Analysis of the Oxy-Fuel Combustion Power Cycles with Near-Zero Emissions
by Vladimir Kindra, Andrey Rogalev, Evgeny Lisin, Sergey Osipov and Olga Zlyvko
Energies 2021, 14(17), 5358; https://0-doi-org.brum.beds.ac.uk/10.3390/en14175358 - 28 Aug 2021
Cited by 7 | Viewed by 2202
Abstract
This paper is devoted to improvement of environmental safety in hydrocarbon-firing TPPs. Despite the development of renewable power sources, the number of traditional power production facilities continues its growth. The toxic emission mitigation in traditional TPPs has been deeply investigated, but the problem [...] Read more.
This paper is devoted to improvement of environmental safety in hydrocarbon-firing TPPs. Despite the development of renewable power sources, the number of traditional power production facilities continues its growth. The toxic emission mitigation in traditional TPPs has been deeply investigated, but the problem of greenhouse gas atmospheric emissions is of topical interest. Oxy-fuel technology reduces CO2 emissions and is highly efficient and environmentally safe. Also, it requires relatively low capital investments. Thermal efficiency analysis shows that the Allam cycle facilities have the best efficiency. Their thermodynamic parameters can be optimized with minimal primary costs and capital investments. This newly developed analysis was used to compare the investment efficiency of projects for the buildup of oxy-fuel and combined cycle facilities. Without emission quote payments, the NPV of combined cycle projects is 16% higher, as well as having a lower DPP. The electricity production primary costs in oxy-fuel and combined cycle facilities are similar, which reflects the technologies’ similarity and similar fuel costs. Implementation of carbon dioxide emission quote marketing makes oxy-fuel facilities more investment-attractive. Parametric studies show that when Russia implements CO2 emission quotes compatible with the current EU level, an oxy-fuel facility erection project will be financially reasonable. Thus, it can be concluded that the construction of oxy-fuel power plants is one of the most promising and investment-attractive solutions to reduce CO2 emissions in the energy sector for large industrialized countries. The managerial consequences of their implementation will include the stabilization of greenhouse gas emissions while ensuring the financial stability of the energy industry. Full article
(This article belongs to the Special Issue Climate Change and Low-Carbon Economy)
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21 pages, 693 KiB  
Article
The Effect of Energy Usage, Economic Growth, and Financial Development on CO2 Emission Management: An Analysis of OECD Countries with a High Environmental Performance Index
by Katarzyna Szymczyk, Dilek Şahin, Haşim Bağcı and Ceyda Yerdelen Kaygın
Energies 2021, 14(15), 4671; https://0-doi-org.brum.beds.ac.uk/10.3390/en14154671 - 01 Aug 2021
Cited by 28 | Viewed by 3088
Abstract
The environmental performance index was developed to protect public health, and to sustain and manage the ecological vitality that is a crucial factor in countries’ social and economic development. The increase in CO2 emissions has been threatening environmental and human health. The [...] Read more.
The environmental performance index was developed to protect public health, and to sustain and manage the ecological vitality that is a crucial factor in countries’ social and economic development. The increase in CO2 emissions has been threatening environmental and human health. The main objective of this study is to evaluate the impact of economic growth, energy consumption, energy management, the urban population, trade openness, and financial development on CO2 emissions in the OECD countries that have a high ranking in the environmental performance index by utilizing the panel data analysis method for the years spanning 1990–2014. This assessment finds positive relationships between economic growth, energy consumption, and the urban population, and CO2 emissions. Moreover, it is put forward that a negative and significant relationship between financial development and CO2 emissions exists. Despite displaying a similar negative correlation, the relationship between trade openness and CO2 emissions is insignificant. In the Dumitrescu-Hurlin panel causality test conducted, it was seen that a two-way causality is prevalent between energy consumption and CO2 emissions. In addition, interrelations where CO2 emissions cause trade openness, and the urban population is an explanatory variable of the former relationship, were discovered. Full article
(This article belongs to the Special Issue Climate Change and Low-Carbon Economy)
20 pages, 4880 KiB  
Article
Inclusion of Shipping in the EU-ETS: Assessing the Direct Costs for the Maritime Sector Using the MRV Data
by Anastasia Christodoulou, Dimitrios Dalaklis, Aykut I. Ölçer and Peyman Ghaforian Masodzadeh
Energies 2021, 14(13), 3915; https://0-doi-org.brum.beds.ac.uk/10.3390/en14133915 - 30 Jun 2021
Cited by 27 | Viewed by 4484
Abstract
This paper aims to assess the direct economic impact on the maritime sector from its inclusion in the European Union-Emission Trading System (EU-ETS). The Monitoring, Reporting and Verification (MRV) data are analysed for the estimation of carbon dioxide (CO2) emissions within [...] Read more.
This paper aims to assess the direct economic impact on the maritime sector from its inclusion in the European Union-Emission Trading System (EU-ETS). The Monitoring, Reporting and Verification (MRV) data are analysed for the estimation of carbon dioxide (CO2) emissions within the European Economic Area (EEA). The economic impact assessment model used is scenario-based, and includes different price incentives, geographical coverage and emission allowances allocation methods. According to our findings, in case the emission allowances are fully auctioned or partially free allocated on the basis of a uniform benchmark, the increased costs would be disproportional among the maritime segments. Such a scheme would penalise Roll-on/Roll-off (RoRo) and Roll-On/Roll-Off/Passenger (RoPax) segments due their high fuel consumption per transport work in relation to oil tankers and bulkers. The establishment of differentiated benchmarks per segment seems to be a prerequisite for the effective inclusion of shipping in the EU-ETS that will reward energy efficient vessels in each segment and avoid competition distortion within the maritime industry. Full article
(This article belongs to the Special Issue Climate Change and Low-Carbon Economy)
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23 pages, 1209 KiB  
Article
Energy-Related Behaviour of Consumers from the Silesia Province (Poland)—Towards a Low-Carbon Economy
by Sylwia Słupik, Joanna Kos-Łabędowicz and Joanna Trzęsiok
Energies 2021, 14(8), 2218; https://0-doi-org.brum.beds.ac.uk/10.3390/en14082218 - 16 Apr 2021
Cited by 9 | Viewed by 2203
Abstract
The issue of energy behaviour among Polish consumers, and especially the motives and attitudes they manifest, is relatively under-researched. This article attempts to identify individual attitudes and beliefs of energy consumers using the example of the residents of the province of Silesia (Poland). [...] Read more.
The issue of energy behaviour among Polish consumers, and especially the motives and attitudes they manifest, is relatively under-researched. This article attempts to identify individual attitudes and beliefs of energy consumers using the example of the residents of the province of Silesia (Poland). The authors conducted the expert segmentation of respondents in terms of their motivation for saving energy, based on the results of their proprietary survey. The second stage of the study involved using a classification model that allowed for the characterisation of the obtained groups. Psychological and financial factors were of greatest significance, which is confirmed by the results of other studies. Nonetheless, the obtained results explicitly indicate the specificity of the region, which requires transformation towards a low-emission economy. Despite the initial stage of changes both in the awareness of the consumers and the public interventions of the authorities, it should be emphasized that a majority of the respondents—at least to a basic extent—declared taking energy-saving measures. Financial motives are predominant among the respondents, although pro-environmental motives can also be noticed, which might translate into increased involvement and concern for the environment and climate. Full article
(This article belongs to the Special Issue Climate Change and Low-Carbon Economy)
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