WorldWideScience

Sample records for energy economic performance

  1. Environment, energy, and economic performance

    Energy Technology Data Exchange (ETDEWEB)

    Oberndorfer, Ulrich

    2009-09-25

    This thesis analyzes the relationship between environmental regulation as well as energy market developments on the one hand, and economic performance on the other. Due to its economic effects environmental regulation is controversially disputed. The thesis shows, however, that the economic impacts of the recently adopted climate policy in Europe, namely of the implementation of the European Union Emission Trading Scheme, have been modest at most. Consistent with economic theory, the low stringency of this regulatory measure that is aimed at combating man-made climate change is identified as one important driver of this result. Moreover, results presented in this thesis also indicate the important role which the political economy plays for the design of environmental regulation in general. These mechanisms are shown to be a driver of the low stringency and, consequently, of the small economic effects during the first phase of the European Union Emission Trading Scheme. The thesis highlights the role of investment stimulation if the goal of environmental regulation is not only the protection of the environment, but also the compatibility with economic goals. This thesis also provides new insights into the role of energy market developments for the economy. In this respect, the relevance of the EU carbon market for the financial market performance of European electricity generators is shown. Besides, this thesis particularly demonstrates the paramount importance of oil market developments for the economy as a whole. It suggests that amongst all natural resources, oil is the most relevant one to the pricing of Eurozone energy stocks. It is also shown that besides oil prices, oil volatility plays an important role for stock market development. Finally, the thesis highlights the relevance of oil market developments to the overall economy, in showing that unemployment in Germany is strongly affected by oil price shocks. In this respect, it also opposes claims that the

  2. Sustainability and Economic Performance of the Companies in the Renewable Energy Sector in Romania

    Directory of Open Access Journals (Sweden)

    Mihail Busu

    2017-12-01

    Full Text Available In this paper, we focus on the sustainability and economic performance of the renewable energy sector of Romania. In our analysis, we have used Total Quality Management (TQM model, which is an economic modern tool used for improving the quality of management for all companies. The aim of this study is to bring into discussion the conceptualized TQM model of Edward Deming underlying different stages of its evolution as it is described in the economic literature. Conceptual model is applied in a case study of the renewable energy sector of Romania. The quantitative research evaluates the impact of the total quality management to achieve the sustainable development, performance objectives and the competitive advantage of the companies in the renewable energy sector. Data was collected through a survey and the questionnaire was addressed to the management and employees in the renewable energy sector. Structural equation modelling (SEM was used and the hypotheses were tested by partial least square (PLS equations. Data was analyzed through the Smart PLS 3 software. The main contribution of this paper is to identify and evaluate the relationship among sustainable development, economic performance of the companies and TQM model indicators. The conclusions of our research are in line with the existing literature and confirm the theoretical assumptions, underlining the fact that the undertaking’s performance and sustainable development is a direct consequence of the combination among a series of factors like decisional power quality, motivated workforce as well as integrity of operational process.

  3. Causal Dynamic Relationships between Political–Economic Factors and Export Performance in the Renewable Energy Technologies Market

    Directory of Open Access Journals (Sweden)

    Bongsuk Sung

    2018-04-01

    Full Text Available This study explores how political–economic forces could affect export performance in the renewable energy technologies market. We conduct panel framework analyses to verify the characteristics of panel data for 19 countries before establishing the panel estimator meant to test the effects of political–economic forces on export specialization. We consider the results of the panel framework analyses and develop an empirical model to test casual dynamic relationships between political–economic forces and export performance. The results from the least squares dummy variable-corrected estimation indicate that the major factors promoting the export specialization of renewable energy technologies are, in order of decreasing importance, public pressure, market size, and government demand-pull policy. However, the traditional energy industry has no significant effect on export performance. Finally, this study finds that dynamic effects exist in all estimations.

  4. Economic analysis of nuclear energy

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Han Myung; Lee, M.K.; Moon, K.H.; Kim, S.S.; Lim, C.Y.; Song, K.D.; Kim, H

    2001-12-01

    The objective of this study is to evaluate the contribution of nuclear energy to the energy use in the economical way, based on the factor survey performed on the internal and external environmental changes occurred recent years. Internal and external environmental changes are being occurred recent years involving with using nuclear energy. This study summarizes the recent environmental changes in nuclear energy such as sustainable development issues, climate change talks, Doha round and newly created electricity fund. This study also carried out the case studies on nuclear energy, based on the environmental analysis performed above. The case studies cover following topics: role of nuclear power in energy/environment/economy, estimation of environmental external cost in electric generation sector, economic comparison of hydrogen production, and inter-industrial analysis of nuclear power generation.

  5. Economic analysis of nuclear energy

    International Nuclear Information System (INIS)

    Lee, Han Myung; Lee, M.K.; Moon, K.H.; Kim, S.S.; Lim, C.Y.; Song, K.D.; Kim, H.

    2001-12-01

    The objective of this study is to evaluate the contribution of nuclear energy to the energy use in the economical way, based on the factor survey performed on the internal and external environmental changes occurred recent years. Internal and external environmental changes are being occurred recent years involving with using nuclear energy. This study summarizes the recent environmental changes in nuclear energy such as sustainable development issues, climate change talks, Doha round and newly created electricity fund. This study also carried out the case studies on nuclear energy, based on the environmental analysis performed above. The case studies cover following topics: role of nuclear power in energy/environment/economy, estimation of environmental external cost in electric generation sector, economic comparison of hydrogen production, and inter-industrial analysis of nuclear power generation

  6. Dividing wall column: Improving thermal efficiency, energy savings and economic performance

    International Nuclear Information System (INIS)

    Aurangzeb, Md; Jana, Amiya K.

    2016-01-01

    Highlights: • A rigorous model is developed for a dividing wall column. • Heat transfer model for metal wall is proposed. • Performance improvement is quantified for a ternary system. • Thermal efficiency, energy savings and cost are three used indices. - Abstract: This work aims at investigating the performance improvement of a dividing wall column (DWC) for the separation of a ternary system. It is true that for fractionating a ternary mixture, at least a sequence of two conventional distillation columns is required. To improve energetic and economic potential, and reduce space requirement, two columns are proposed to merge into one shell with a dividing wall. For developing the mathematical model of a distillation column, we consider the effect of heat transfer through the metal wall placed at an intermediated position inside the cylindrical column. The simulated DWC model is verified using the Aspen Plus flowsheet simulator with a wide variety of phase equilibrium models. The superiority of this proposed heat integrated configuration is shown for a ternary hydrocarbon system over a conventional distillation sequence (CDS) in terms of mainly three performance indexes, namely thermal efficiency, energy savings and total annual cost (TAC). It is investigated that the dividing wall distillation scheme can secure a 37.5% energy efficiency, and a 22.6% savings in energy consumption and 23.23% in TAC. The promising performance can also be quantified in terms of a reasonably low payback period of 2.11 years.

  7. The new economics of nuclear energy

    International Nuclear Information System (INIS)

    Salian, Ramesh; Prasanna Kumar, N.

    2012-01-01

    With 15% of the world's population and an economic growth rate that increases the aspiration of its people to better quality of life, India has a voracious appetite for energy. Nuclear power is one of the options of providing safe, environmentally benign, reliable and economically competitive energy services. Nuclear power world over provides about 16% of electricity through 440 nuclear power plants with a total installed capacity of 361.582 GW (as of January 2004, IAEA PRIS data). Nuclear energy has traditionally played a small role in meeting India's energy requirements. Nuclear power makes up only 4,120 MW, constituting 2.6%, of the total electricity generation capacity. India is a power hungry nation and needs to switch over from its tremendous dependence on fossil fuels to alternative sources of energy like solar energy, bio energy and nuclear energy. Indian nuclear power plants have progressively attained excellent operation performances. However, the changing economic and geopolitical situation in the energy sector has made it imperative to emphasize the significance of nuclear energy in the future energy landscape of the country. The present paper discuss the importance, demand and supply pattern of nuclear energy and its economics. (author)

  8. Environmental and economic performance of heating systems for energy-efficient dwellings: Case of passive and low-energy single-family houses

    International Nuclear Information System (INIS)

    Georges, L.; Massart, C.; Van Moeseke, G.; De Herde, A.

    2012-01-01

    In order to reduce the energy consumption of the building stock, a major trend is to drastically reduce the space-heating (SH) needs by improving the thermal performance of the envelope. In general, this measure is combined with efficient heating systems to minimize the delivered energy and greenhouse gas emissions. Nevertheless, these better systems are often more expensive so that the extra-investment could be hardly recovered for small-scale energy consumption. The main objective of the article is to show how equilibria between cost-effectiveness and environmental performance of heating systems are changed when small SH needs are considered (i.e. for passive and low-energy houses). The scope is limited to new single-family dwellings. Furthermore, the passive house standard provides means of simplifying the SH by using the ventilation air: the idea is that savings should counterbalance the extra-investment in super-insulation. In theory, a new global economic optimum is generated at the passive house level. The second objective of the work is to study which conditions could lead to this new optimum. Only a detached-house typology is investigated to address this last issue. Regarding methodology, all the investigations are done considering the Belgian context. Energy and environmental performance is evaluated using a method that complies with the EN-15603 and EN-15316 standards. - Highlights: ► Cost-benefit analysis is performed without incentives and is based on the Belgian market. ► Equilibria between cost-effectiveness and environmental performance of heating systems are changed for very low-energy houses. ► The space-heating simplification at the passive house level can hardly produce a new global economic optimum.

  9. Zero energy homes – Are they economically viable?

    International Nuclear Information System (INIS)

    Berry, Stephen; Davidson, Kathryn

    2015-01-01

    Whilst net zero energy homes are espoused in many policy circles, and many bespoke examples have been constructed to demonstrate their technical feasibility, there is a scarcity of evidence demonstrating such a standard would be economically rational, particularly for large scale housing development where orientation and aspect may not always be optimal. Drawing on energy monitoring evidence and construction economics associated with a nearly zero energy housing estate in Adelaide, Australia, this paper explores the economic feasibility of the net zero energy home policy in warm temperate climates. The results demonstrate that using economic tools and assumptions typically applied for building energy regulatory policy changes, net societal economic benefits significantly outweigh costs. The clear economic outcomes, combined with expected health and productivity benefits from improved levels of thermal comfort, should provide security to policy makers to progress home energy standards towards net zero energy performance. -- Highlights: •The concept of net zero energy homes is examined for economic viability. •Evidence is collected from a near net zero energy housing estate. •Conservative results show that societal benefits outweigh costs. •Significant additional benefits gained from net zero energy homes

  10. The odd couple: The relationship between state economic performance and carbon emissions economic intensity

    International Nuclear Information System (INIS)

    Davidsdottir, B.; Fisher, M.

    2011-01-01

    Historical time trends indicate that both carbon and energy intensity have declined in the United States over the last several decades, while economic performance, as measured by per capita GSP, has improved. This observation indicates that it may be possible to reduce carbon intensity without a reduction in economic performance. This paper assesses using panel analysis, the empirical relationship between carbon emissions intensity and economic performance, and examines the direction of causality between the two variables. Data for the analysis covered 48 states, excluding Hawaii, Alaska, and Washington DC, from 1980 to 2000. The results indicate significant bi-directional relationship between carbon emissions intensity and state economic performance, both using an aggregate indicator for carbon emissions intensity, decomposed using Laspeyres indexes and disaggregated by sector. This implies that it should be possible to implement statewide and sector-specific policies to reduce energy and carbon intensity and at the same time improve economic performance. - Highlights: → The empirical relationship between carbon emissions intensity and economic performance is assessed → The direction of causality between the two variables is examined. → Results indicate significant relationship between carbon emissions intensity and state economic performance. → Relationship is bi-directional, and holds for both aggregate analysis and by sector. → It is possible to implement policies to reduce carbon intensity and improve economic performance.

  11. Performance and economic analysis of a plug and play regenerative brake for improving energy efficiency for traction elevators

    Science.gov (United States)

    Jeraputra, Chuttchaval; Tiptipakorn, Supun

    2017-05-01

    This paper presents performance and economic analysis of a plug and play regenerative brake for improving energy efficiency for traction elevators. The proposed regenerative brake recycles the energy loss of a dynamic brake and feeds into the grid while an elevator inverter is operating in the braking mode. According to field measurement of energy consumption, it reveals that the efficiency can be improved as much as 18%. The prototype of a regenerative brake 12 kW, 400V, 3ϕ is developed and tested on an elevator simulator. It is shown that it can transfer energy out of a DC capacitor before the dynamic brake kicks in. Further, an economic analysis is provided to carry out the payback period and the present worth equivalent to confirm economic feasibility.

  12. Assessment of Energy, Environmental and Economic Performance of a Solar Desiccant Cooling System with Different Collector Types

    Directory of Open Access Journals (Sweden)

    Giovanni Angrisani

    2014-10-01

    Full Text Available Desiccant-based air handling units can achieve reductions in greenhouse gas emissions and energy savings with respect to conventional air conditioning systems. Benefits are maximized when they interact with renewable energy technologies, such as solar collectors. In this work, experimental tests and data derived from scientific and technical literature are used to implement a model of a solar desiccant cooling system, considering three different collector technologies (air, flat-plate and evacuated collectors. Simulations were then performed to compare the energy, environmental and economic performance of the system with those of a desiccant-based unit where regeneration thermal energy is supplied by a natural gas boiler, and with those of a conventional air-handling unit. The only solution that allows achieving the economic feasibility of the solar desiccant cooling unit consists of 16 m2 of evacuated solar collectors. This is able to obtain, with respect to the reference system, a reduction of primary energy consumption and of the equivalent CO2 emissions of 50.2% and 49.8%, respectively, but with a payback time of 20 years.

  13. Assessment of energy and economic performance of office building models: a case study

    Science.gov (United States)

    Song, X. Y.; Ye, C. T.; Li, H. S.; Wang, X. L.; Ma, W. B.

    2016-08-01

    Energy consumption of building accounts for more than 37.3% of total energy consumption while the proportion of energy-saving buildings is just 5% in China. In this paper, in order to save potential energy, an office building in Southern China was selected as a test example for energy consumption characteristics. The base building model was developed by TRNSYS software and validated against the recorded data from the field work in six days out of August-September in 2013. Sensitivity analysis was conducted for energy performance of building envelope retrofitting; five envelope parameters were analyzed for assessing the thermal responses. Results indicated that the key sensitivity factors were obtained for the heat-transfer coefficient of exterior walls (U-wall), infiltration rate and shading coefficient (SC), of which the sum sensitivity factor was about 89.32%. In addition, the results were evaluated in terms of energy and economic analysis. The analysis of sensitivity validated against some important results of previous studies. On the other hand, the cost-effective method improved the efficiency of investment management in building energy.

  14. Economic analysis model for total energy and economic systems

    International Nuclear Information System (INIS)

    Shoji, Katsuhiko; Yasukawa, Shigeru; Sato, Osamu

    1980-09-01

    This report describes framing an economic analysis model developed as a tool of total energy systems. To prospect and analyze future energy systems, it is important to analyze the relation between energy system and economic structure. We prepared an economic analysis model which was suited for this purpose. Our model marks that we can analyze in more detail energy related matters than other economic ones, and can forecast long-term economic progress rather than short-term economic fluctuation. From view point of economics, our model is longterm multi-sectoral economic analysis model of open Leontief type. Our model gave us appropriate results for fitting test and forecasting estimation. (author)

  15. Wind energy economics

    International Nuclear Information System (INIS)

    Milborrow, D.J.

    1995-01-01

    The economics of wind energy have improved rapidly in the past few years, with improvements in machine performance and increases in size both contributing to reduce costs. These trends are examined and future costs assessed. As bank loan periods for wind projects are shorter than for thermal plant, the effect on the price of wind energy is discussed. It is argued that wind energy has a higher value than that of centralised plant, since it is fed into the low voltage distribution network and it follows that the price of wind energy is converging with its value. The paper also includes a brief review of the capacity credit of wind plant and an assessment of the cost penalties which are incurred due to the need to hold extra plant on part load. These penalties are shown to be small. (author)

  16. Energy economics and supply

    International Nuclear Information System (INIS)

    Anon.

    1977-01-01

    This section of the book, Part I, consists of four chapters (1--4). Chapter 1, Energy and the Economic Future, covers the following subjects: general economics of energy; predicting energy demand; a model of energy and the economy; and interpretations. Chapter 2, Uranium and Fossil Fuel Supplies, covers the following subjects: uranium resources; oil and gas supplies; coal resources. Chapter 3, Economics of Nuclear Power, covers information on sources of uncertainty; cost of nuclear power; cost of coal-generated electricity. Chapter 4, Alternative Energy Sources, sums information on solar energy, geothermal energy, fusion power, conservation, and transmission

  17. Nuclear Power, Energy Economics and Energy Security

    International Nuclear Information System (INIS)

    2013-01-01

    Economic development requires reliable, affordable electricity that is provided in sufficient quantities to satisfy the minimum energy requirements at a local, regional or national level. As simple as this recipe for economic development appears, technological, infrastructural, financial and developmental considerations must be analysed and balanced to produce a national energy strategy. Complicating that task is the historic fact that energy at the desired price and in the desired quantities can be neither taken for granted nor guaranteed. Energy economics and energy security determine the options available to nations working to establish a sustainable energy strategy for the future.

  18. Energy economics and financial markets

    Energy Technology Data Exchange (ETDEWEB)

    Dorsman, Andre [Vrije Univ. Amsterdam (Netherlands). Dept. of Finance; Simpson, John L. [Curtin Univ., Perth, WA (Australia). School of Economics and Finance; Westerman, Wim (eds.) [Groningen Univ. (Netherlands). Faculty of Economics and Business Economics, Econometrics and Finance

    2013-10-01

    Deals with the upcoming theme of energy issues. Links energy issues with economics and financial markets. Combines global focus with specific regional and local examples. Unites theoretical insights with timely data and practical insights. Specialized author team from all over the world. Energy issues feature frequently in the economic and financial press. Specific examples of topical energy issues come from around the globe and often concern economics and finance. The importance of energy production, consumption and trade raises fundamental economic issues that impact the global economy and financial markets. This volume presents research on energy economics and financial markets related to the themes of supply and demand, environmental impact and renewables, energy derivatives trading, and finance and energy. The contributions by experts in their fields take a global perspective, as well as presenting cases from various countries and continents.

  19. Environmental performance evaluation of Beijing's energy use planning

    International Nuclear Information System (INIS)

    Wang Lei; Xu Linyu; Song Huimin

    2011-01-01

    In line with rapid economic development, urban energy consumption is increasing rapidly, resulting in environmental problems. After considering several methods to evaluate the environmental performance of energy use, including: energy ecological footprint, input-output analysis, emergy-exergy analysis, and multi-criteria decision-making, an environmental performance evaluation model is proposed, which combines the analytical hierarchy process, fuzzy extent analysis, and membership degree analysis. In the model, 18 sub-indicators of environmental performance from energy use planning are classified into four categories: structure of energy use and industry, technology and efficiency of energy use, environmental impacts caused by energy use, and the socio-economic benefits of energy use. Membership degree analysis is applied to each indicator. Three energy use scenarios which are, respectively, environment-friendly, technology-led, and economic policy-led are evaluated. The results show that the technology-led energy use planning is best. The sustainable energy use policies are proposed from three aspects, including optimizing the energy use and industrial structure, encouraging development of energy-saving and air pollution control technologies, and enhancing legislation on energy use management. The policies are helpful to optimize the trade-offs between economic growth and environmental protection in Beijing. - Highlights: → Our paper establishes a system of indicators according to the structure of urban energy use planning. → We have created a comprehensive environmental performance evaluation model in the research. → The model and results can serve as an important basis for decision-making to guide local government.

  20. Towards low carbon business park energy systems: Classification of techno-economic energy models

    International Nuclear Information System (INIS)

    Timmerman, Jonas; Vandevelde, Lieven; Van Eetvelde, Greet

    2014-01-01

    To mitigate climate destabilisation, human-induced greenhouse gas emissions urgently need to be curbed. A major share of these emissions originates from the industry and energy sectors. Hence, a low carbon shift in industrial and business park energy systems is called for. Low carbon business parks minimise energy-related carbon dioxide emissions by maximal exploitation of local renewable energy production, enhanced energy efficiency, and inter-firm heat exchange, combined in a collective energy system. The holistic approach of techno-economic energy models facilitates the design of such systems, while yielding an optimal trade-off between energetic, economic and environmental performances. However, no models custom-tailored for industrial park energy systems are detected in literature. In this paper, existing energy model classifications are scanned for adequate model characteristics and accordingly, a confined number of models are selected and described. Subsequently, a practical typology is proposed, existing of energy system evolution, optimisation, simulation, accounting and integration models, and key model features are compared. Finally, important features for a business park energy model are identified. - Highlights: • A holistic perspective on (low carbon) business park energy systems is introduced. • A new categorisation of techno-economic energy models is proposed. • Model characteristics are described per model category. • Essential model features for business park energy system modelling are identified. • A strategy towards a techno-economic energy model for business parks is proposed

  1. Hybrid photovoltaic system control for enhancing sustainable energy. Economic aspects

    International Nuclear Information System (INIS)

    Leva, Sonia; Roscia, Mariacristina; Zaninelli, Dario

    2005-01-01

    The paper introduces hybrid photovoltaic/diesel generation systems for supplying remote power plant taking into account the enhancement of sustainable energy on the economic point of view. In particular, a new monitoring and control device is presented in order to carry out the optimum energy flows and a cost evaluation is performed on a real plant showing the effect and weight of the economical sustainability and economical saving. (authors)

  2. Neighborhood Energy/Economic Development project

    Energy Technology Data Exchange (ETDEWEB)

    1991-12-31

    Energy costs impact low income communities more than anyone else. Low income residents pay a larger percentage of their incomes for energy costs. In addition, they generally have far less discretionary energy use to eliminate in response to increasing energy prices. Furthermore, with less discretionary income, home energy efficiency improvements are often too expensive. Small neighborhood businesses are in the same situation. Improved efficiency in the use of energy can improve this situation by reducing energy costs for residents and local businesses. More importantly, energy management programs can increase the demand for local goods and services and lead to the creation of new job training and employment opportunities. In this way, neighborhood based energy efficiency programs can support community economic development. The present project, undertaken with the support of the Urban Consortium Energy Task Force, was intended to serve as a demonstration of energy/economic programming at the neighborhood level. The San Francisco Neighborhood Energy/Economic Development (NEED) project was designed to be a visible demonstration of bringing the economic development benefits of energy management home to low-income community members who need it most. To begin, a Community Advisory Committee was established to guide the design of the programs to best meet needs of the community. Subsequently three neighborhood energy/economic development programs were developed: The small business energy assistance program; The youth training and weatherization program; and, The energy review of proposed housing development projects.

  3. Economic Evaluation of Dual-Level-Residence Solar-Energy System

    Science.gov (United States)

    1982-01-01

    105-page report is one in a series of economic evaluations of different solar-energy installations. Using study results, an optimal collector area is chosen that minimizes life-cycle costs. From this optimal size thermal and economic performance is evaluated.

  4. Energy economics; Economie de l'energie

    Energy Technology Data Exchange (ETDEWEB)

    Babusiaux, D. [Institut Francais du Petrole (IFP), 92 - Rueil-Malmaison (France)

    2005-07-01

    The energy demand is strongly conditioned by the consuming equipments. Depending on the uses, some energy sources can be substituted, while for some others the choice is limited or impossible. The energy offer comes mainly from non-renewable resources, and taking into consideration the geographical localization of these resources, economics are geopolitics are indissociable despite the development of markets. Necessary for the economic development, energy cannot be consumed without impact on the environment, which raises some worrying questions, like the one of global warming. (J.S.)

  5. Sector Economic Outlook. Energy

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-04-15

    The energy sector is a key driver of the economic pillar of Vision 2030. As the economy grows, urbanization intensifies and incomes increase, corporate and household demand for energy also rises. To meet this growth in demand for energy, the sector needs to increase investments and diversify into more sources of energy such as geothermal and wind power. It is therefore critical that focus is directed towards development and sustainability of the energy sector to ensure delivery of least cost power that will improve Kenya's competitiveness and achieve the Vision 2030 objective of 10% average annual economic growth.

  6. On the “cost-optimal levels” of energy performance requirements and its economic evaluation in Italy

    Directory of Open Access Journals (Sweden)

    Lamberto Tronchin

    2014-10-01

    Full Text Available The European energy policies about climate and energy package, known as the “20-20-20” targets define ambitious, but achievable, national energy objectives. As regards the Directives closely related to the 2020 targets, the EU Energy Performance of Buildings Directive (EPBD Recast- DIR 2010/31/EU is the main European legislative instrument for improving the energy performance of buildings, taking into account outdoor climatic and local conditions, as well as indoor climate requirements and cost-effectiveness. The EPBD recast now requests that Member States shall ensure that minimum energy performance requirements for buildings are set “with a view to achieving cost-optimal levels”. The cost optimum level shall be calculated in accordance with a comparative methodology framework, leaving the Member States to determine which of these calculations is to become the national benchmark against which national minimum energy performance requirements will be assessed. The European standards (ENs- Umbrella Document V7 (prCEN/TR 15615 are intended to support the EPBD by providing the calculation methods and associated material to obtain the overall energy performance of a building. For Italy the Energy Performance of Building Simulations EPBS must be calculated with standard UNITS 11300. The energy building behaviour is referred to standard and not to real use, nor climate or dynamic energy evaluation. Since retrofitting of existing buildings offers significant opportunities for reducing energy consumption and greenhouse gas emissions, a case study of retrofitting is described and the CostOptimal Level EU procedure in an Italian context is analysed. Following this procedure, it is shown not only that the energy cost depends on several conditions and most of them are not indexed at national level but also that the cost of improvement depends on local variables and contract tender. The case study highlights the difficulties to apply EU rules, and

  7. Comparative economic assessment of the energy performance of air-conditioning within the Mexican residential sector

    Directory of Open Access Journals (Sweden)

    Ivan Oropeza-Perez

    2016-11-01

    Full Text Available This work shows a sensitivity analysis of the economic impact of different energy performances of air-conditioning within the Mexican housing sector. For this purpose, a cooling-load calculator program in function of the indoor temperature is developed. The program also calculates the electricity consumption along with the expenditure with the different residential rates of the Mexican Federal Commission of Electricity (CFE, initials in Spanish set according to the season of the year and zone of the country. After the results onto the national-scale scenario are validated with the literature, a sensitivity analysis is carried out by changing three parameters that are considered as influential on the consumption and which can be considered as energy saving strategies. With these strategies, it is found that the indoor temperature decrease due to the use of a passive cooling system is the most important characteristic to take into account followed by the coefficient of performance (COP of the air-conditioning and the increase of the comfort temperature set-point, respectively. Thereby, an economic analysis is carried out, finding an annual saving up to 770 USD within a single air-conditioned dwelling having a payback period of 3 years for using a combination of passive cooling techniques and increasing the comfort temperature set-point; or a 2 years payback period if the air-conditioning is changed by a high-efficient equipment.

  8. Impacts of FDI Renewable Energy Technology Spillover on China’s Energy Industry Performance

    Directory of Open Access Journals (Sweden)

    Weiwei Liu

    2016-08-01

    Full Text Available Environmental friendly renewable energy plays an indispensable role in energy industry development. Foreign direct investment (FDI in advanced renewable energy technology spillover is promising to improve technological capability and promote China’s energy industry performance growth. In this paper, the impacts of FDI renewable energy technology spillover on China’s energy industry performance are analyzed based on theoretical and empirical studies. Firstly, three hypotheses are proposed to illustrate the relationships between FDI renewable energy technology spillover and three energy industry performances including economic, environmental, and innovative performances. To verify the hypotheses, techniques including factor analysis and data envelopment analysis (DEA are employed to quantify the FDI renewable energy technology spillover and the energy industry performance of China, respectively. Furthermore, a panel data regression model is proposed to measure the impacts of FDI renewable energy technology spillover on China’s energy industry performance. Finally, energy industries of 30 different provinces in China based on the yearbook data from 2005 to 2011 are comparatively analyzed for evaluating the impacts through the empirical research. The results demonstrate that FDI renewable energy technology spillover has positive impacts on China’s energy industry performance. It can also be found that the technology spillover effects are more obvious in economic and technological developed regions. Finally, four suggestions are provided to enhance energy industry performance and promote renewable energy technology spillover in China.

  9. Solar energy system economic evaluation: Contemporary Newman, Georgia

    Science.gov (United States)

    1980-01-01

    An economic evaluation of performance of the solar energy system (based on life cycle costs versus energy savings) for five cities considered to be representative of a broad range of environmental and economic conditions in the United States is discussed. The considered life cycle costs are: hardware, installation, maintenance, and operating costs for the solar unique components of the total system. The total system takes into consideration long term average environmental conditions, loads, fuel costs, and other economic factors applicable in each of five cities. Selection criteria are based on availability of long term weather data, heating degree days, cold water supply temperature, solar insolation, utility rates, market potential, and type of solar system.

  10. Energy, economic growth, and human welfare

    International Nuclear Information System (INIS)

    Schurr, S.H.

    1984-01-01

    The subject is covered in sections, entitled: economic growth and human welfare; world-wide economic growth; economic growth and energy consumption; assessing the future; caution advised; energy supply and economic growth; supply as constraint; sound policies needed. (U.K.)

  11. Labour productivity, energy intensity and economic performance in small enterprises: A study of brick enterprises cluster in India

    International Nuclear Information System (INIS)

    Bala Subrahmanya, M.H.

    2006-01-01

    This paper probes the role of labour efficiency in promoting energy efficiency and economic performance with reference to small scale brick enterprises' cluster in Malur, Karnataka State, India. In the bricks industry, the technology in use being similar, labour efficiency has a negative influence on energy cost. Therefore, those enterprises that exhibited higher labour productivities had lower average energy intensity and higher returns to scale as compared to those that had lower labour productivities. Considering this, improvement of labour efficiency can be an alternative approach for energy efficiency improvement in energy intensive small scale industries in developing countries like India, which face the obstacle of financial constraints in up-grading technology as a means of energy efficiency improvement

  12. Energy and Economic Crisis

    International Nuclear Information System (INIS)

    2000-01-01

    The relationship between the economy and the energy is much more complex of what looks. However, they are continued making, in some cases, absolute statements that used to listen in the past as dogmas, among those that are highly correlated in energy consumption and the Gross National Product GNP and that the countries follow the same development pattern more or less, mainly in connection with the energy consumption. Such statements are not completely misses, neither completely correct and they have behind many simplifications. Of a part, of the historical evolution analysis of several countries or groups of countries on long periods, it confirms the fact that the economic growth, induces an increment in general in the total consumption of energy and vice versa: Energy available with more speed and to smaller price it favors the economic development. Other important factors that impact in the growth of the energy consumption, besides the economic development, are, among, the population's increment, the state of technological development and the cultural customs of use

  13. Conception for economical energy utilization and supply

    Energy Technology Data Exchange (ETDEWEB)

    Schaefer, H; Canzler, B

    1977-10-01

    This study was performed to study the factors which determine energy consumption within buildings and how to optimize such energy use. The parameters of the principal energy consumers, i.e., HVAC and lighting systems, were analyzed. Possibilities for obtaining economical energy supplies and for reducing energy consumption were studied with emphasis on adapting the building mechanical equipment and the building design and construction to each other. It was concluded that planning for energy conservation in buildings will decrease the cost of constructing and operating buildings if the architect, building contractor and building operator work together from the initial planning stages.

  14. Performance of renewable energy technologies in the energy-environmental-economic continuum

    International Nuclear Information System (INIS)

    Guthrie, B.M.; Birkenheier, T.L.

    1993-01-01

    Projected cost-performance data are used to calculate the Canadian commercial potential of selected renewable energy technologies to the year 2010. Based on projected market penetration, the extent to which renewable energy can contribute to environmental initiatives is also examined. The potential for renewable energy to contribute to the Canadian electricity supply is limited neither by the state of the technology nor the extent of the resource available. Barriers to acceptance of renewables include high initial capital costs, intermittent nature of much of the energy supply, land requirements, onerous requirements for environmental assessments and licensing, and lack of government policies which consider the externalities involved in new energy supply. Environmental benefits which will drive the adoption of renewables in Canada include the sustainable nature of renewable resources, low environmental impacts, and suitability for integrated resource planning. In addition, the cost performance of renewable technologies is improving rapidly. Under base-case scenarios, at current buyback rates, only small hydro and biomass of the five renewable technologies examined has significant commercial potential in Canada. At buyback rates that reflect currently projected avoided costs plus an additional 2 cents per kWh as an environmental premium, all five renewable technologies except for photovoltaics have appreciable commercial potential achievable by 2010. The quantity of electrical energy displaced under this latter scenario is estimated at 49 TWh/y, or 7% of the projected total generation in Canada. 2 figs., 2 tabs

  15. Grey relation performance correlations among economics, energy use and carbon dioxide emission in Taiwan

    International Nuclear Information System (INIS)

    Lin, Sue J.; Lu, I.J.; Lewis, Charles

    2007-01-01

    This study explores the inter-relationships among economy, energy and CO 2 emissions of 37 industrial sectors in Taiwan in order to provide insight regarding sustainable development policy making. Grey relation analysis was used to analyse the productivity, aggregate energy consumption, and the use of fuel mix (electricity, coal, oil and gas) in relation to CO 2 emission changes. An innovative evaluative index system was devised to explore grey relation grades among economics, energy and environmental quality. Results indicate that a rapid increase in electricity generation during the past 10 years is the main reason for CO 2 emission increase in Taiwan. The largest CO 2 emitting sectors include iron and steel, transportation, petrochemical materials, commerce and other services. Therefore, it is important to reduce the energy intensity of these sectors by energy conservation, efficiency improvement and adjustment of industrial structure towards high value-added products and services. Economic growth for all industries has a more significant influence, than does total energy consumption, on CO 2 emission increase in Taiwan. It is also important to decouple the energy consumption and production to reduce the impacts of CO 2 on economic growth. Furthermore, most of the sectors examined had increased CO 2 emissions, except for machinery and road transportation. For high energy intensive and CO 2 intensive industries, governmental policies for CO 2 mitigation should be directed towards low carbon fuels as well as towards enhancement of the demand side management mechanism, without loss of the nation's competitiveness

  16. Economic Modeling of Compressed Air Energy Storage

    Directory of Open Access Journals (Sweden)

    Rui Bo

    2013-04-01

    Full Text Available Due to the variable nature of wind resources, the increasing penetration level of wind power will have a significant impact on the operation and planning of the electric power system. Energy storage systems are considered an effective way to compensate for the variability of wind generation. This paper presents a detailed production cost simulation model to evaluate the economic value of compressed air energy storage (CAES in systems with large-scale wind power generation. The co-optimization of energy and ancillary services markets is implemented in order to analyze the impacts of CAES, not only on energy supply, but also on system operating reserves. Both hourly and 5-minute simulations are considered to capture the economic performance of CAES in the day-ahead (DA and real-time (RT markets. The generalized network flow formulation is used to model the characteristics of CAES in detail. The proposed model is applied on a modified IEEE 24-bus reliability test system. The numerical example shows that besides the economic benefits gained through energy arbitrage in the DA market, CAES can also generate significant profits by providing reserves, compensating for wind forecast errors and intra-hour fluctuation, and participating in the RT market.

  17. Performance testing and economic analysis of a photovoltaic flywheel energy storage and conversion system

    Energy Technology Data Exchange (ETDEWEB)

    Hay, R. D.; Millner, A. R.; Jarvinen, P. O.

    1980-01-01

    A subscale prototype of a flywheel energy storage and conversion system for use with photovoltaic power systems of residential and intermediate load-center size has been designed, built and tested by MIT Lincoln Laboratory. System design, including details of such key components as magnetic bearings, motor generator, and power conditioning electronics, is described. Performance results of prototype testing are given and indicate that this system is the equal of or superior to battery-inverter systems for the same application. Results of cost and user-worth analysis show that residential systems are economically feasible in stand-alone and in some utility-interactive applications.

  18. REVERSIBLE IMPAIRMENT OF ASSETS AND THE IMPACT ON ECONOMIC PERFORMANCE

    Directory of Open Access Journals (Sweden)

    MIRON VASILE-CRISTIAN-IOACHIM

    2015-03-01

    Full Text Available Economic performance is an essential objective of economic entities activating in the energy sector. The profit and loss account provides relevant information for performance analyzes, but evaluating the factors which determined the modification of the financial result demands detailed analyzes based on specific techniques. This paper develops and implements an econometric model that analyses the relation between gross profit and the reversible impairment of assets. The results of the analysis have shown that, in the energy sector, there is a significant connection between those two variables.

  19. The economics of nuclear energy

    International Nuclear Information System (INIS)

    Wilmer, P.

    2004-01-01

    In common with many of the issues surrounding nuclear energy, there is some truth in the popular claim that nuclear energy is 'not economic', but this is far from being a universal truth. This paper puts forward the view that, overall, nuclear energy can be a competitive source of electricity and a realistic economic option for the future. (author)

  20. Energy consumption and economic development

    International Nuclear Information System (INIS)

    Tremblay, M.T.

    1994-01-01

    Speaking as an economic planner, the author of this address suggests a scenario that is rather pessimistic for the future of nuclear energy. He emphasizes that technological change will lead to economic growth, but then supposes that improvements in hydrogen energy and solar energy, combined with global competition, may lead to a fall rather than an increase in oil prices early in the next century. The 10 year lead time for bringing a nuclear station from design to commissioning makes it difficult to predict the economics of operation

  1. Economic Analysis of Nuclear Energy

    International Nuclear Information System (INIS)

    Kim, S. S.; Lee, M. K.; Moon, K. H.; Nam, J. H.; Noh, B. C.; Kim, H. R.

    2008-12-01

    The concerns on the global warming issues in the international community are bringing about a paradigm shift in the national economy including energy technology development. In this connection, the green growth mainly utilizing green technology, which emits low carbon, is being initiated by many advanced countries including Korea. The objective of the study is to evaluate the contribution to the national economy from nuclear energy attributable to the characteristics of green technology, to which nuclear energy belongs. The study covers the role of nuclear in addressing climate change issues, the proper share of nuclear in the electricity sector, the cost analyses of decommissioning and radioactive waste management, and the analysis on the economic performance of nuclear R and D including cost benefit analysis

  2. Comprehensive energy and economic analyses on a zero energy house versus a conventional house

    Energy Technology Data Exchange (ETDEWEB)

    Zhu, L. [School of Architecture, Tianjin University, Tianjin, 300072 (China); Hurt, R.; Correa, D.; Boehm, R. [Center for Energy Research, University of Nevada, Las Vegas, NV 89154 (United States)

    2009-09-15

    A zero energy house (ZEH) was built side by side with a baseline house in suburban Las Vegas. Actual energy performance measurements were carried out on the incorporated energy saving features and solar applications. The data show that a radiant barrier and a water-cooled air conditioner are major contributors to the energy savings, while an insulated floor slab and thermal mass walls are not effective for energy-conservation during cooling periods. Photovoltaic roof tiles produce enough green power to cover the use in the ZEH, and the solar water heater can reach a peak efficiency of 80%. The energy saving contribution of each incorporated component was obtained using Energy10 and eQUEST3.6 models, and then these codes were used for economic application evaluation. The two analysis codes yield similar results that compare well with the actual building performance data. Four items are clearly economically valuable for these applications: high performance windows, compact fluorescent lights, highly-insulated roofs and air conditioners with water-cooled condensers. PV tiles show a good financial return when rebates are considered. The Integrated Collector Storage (ICS) unit has a high efficiency but with a little higher thermal price. Thermal mass walls are too costly to have wide market appeal. (author)

  3. Energy consumption and economic growth in China: A multivariate causality test

    International Nuclear Information System (INIS)

    Wang Yuan; Wang Yichen; Zhou Jing; Zhu Xiaodong; Lu Genfa

    2011-01-01

    This study takes a fresh look at the direction of causality between energy consumption and economic growth in China during the period from 1972 to 2006, using a multivariate cointegration approach. Given the weakness associated with the bivariate causality framework, the current study performs a multivariate causality framework by incorporating capital and labor variables into the model between energy consumption and economic growth based on neo-classical aggregate production theory. Using the recently developed autoregressive distributed lag (ARDL) bounds testing approach, a long-run equilibrium cointegration relationship has been found to exist between economic growth and the explanatory variables: energy consumption, capital and employment. Empirical results reveal that the long-run parameter of energy consumption on economic growth in China is approximately 0.15, through a long-run static solution of the estimated ARDL model, and that for the short-run is approximately 0.12 by the error correction model. The study also indicates the existence of short-run and long-run causality running from energy consumption, capital and employment to economic growth. The estimation results imply that energy serves as an important source of economic growth, thus more vigorous energy use and economic development strategies should be adopted for China. - Highlights: → Cointegration is only present when real GDP is the dependent variable. →The long-run causality running from energy consumption to economic growth. →China is an energy dependent economy.

  4. Energy and economic development [Brazil: A country profile on sustainable energy development

    International Nuclear Information System (INIS)

    Machado, G.; Schaeffer, R.

    2006-01-01

    When energy specialists discuss the relationships between energy use and economic development, the focus is usually on how energy supports economic growth, alleviates poverty and increases people's well-being. On rare occasions, though, the effect that a country's choices for promoting economic development have on energy production and use is a matter of concern. The purpose of this chapter is to evaluate the way Brazil's choices for promoting economic development over time have impacted primary and final energy use in the country. Economic growth has different levels of quality, which lead to different economic development paths. Some paths are more effective than others in creating wealth and in protecting and preserving natural resources and the environment for future generations. Quality actually matters as much for economic development as for energy. This chapter is divided into four sections covering energy and economic development relationships, the evolution of final energy use in Brazil, strategies to enhance sustainable energy development in the country and a summary of main issues. In Section 5.1, energy and economic development relationships are discussed, setting the background for the analysis of the impacts on final energy use of some of Brazil's choices for promoting economic development. The section begins by focusing on the basics of energy and economic development relationships. It should be noted that most energy specialists usually discuss only the basics of energy and economic development (the 'energy in support of economic development' theme), but this approach alone is not enough to explain differences in countries' final energy use patterns, or to identify strategies to enhance sustainable energy development. In this sense, the main contribution of this section is to further illuminate the role of social and economic choices in determining the effectiveness of a given country's economic development and that country's primary and final

  5. Solid-state lighting: an energy-economics perspective

    International Nuclear Information System (INIS)

    Tsao, J Y; Creighton, J R; Coltrin, M E; Simmons, J A; Saunders, H D

    2010-01-01

    Artificial light has long been a significant factor contributing to the quality and productivity of human life. As a consequence, we are willing to use huge amounts of energy to produce it. Solid-state lighting (SSL) is an emerging technology that promises performance features and efficiencies well beyond those of traditional artificial lighting, accompanied by potentially massive shifts in (a) the consumption of light, (b) the human productivity and energy use associated with that consumption and (c) the semiconductor chip area inventory and turnover required to support that consumption. In this paper, we provide estimates of the baseline magnitudes of these shifts using simple extrapolations of past behaviour into the future. For past behaviour, we use recent studies of historical and contemporary consumption patterns analysed within a simple energy-economics framework (a Cobb-Douglas production function and profit maximization). For extrapolations into the future, we use recent reviews of believed-achievable long-term performance targets for SSL. We also discuss ways in which the actual magnitudes could differ from the baseline magnitudes of these shifts. These include: changes in human societal demand for light; possible demand for features beyond lumens; and guidelines and regulations aimed at economizing on consumption of light and associated energy.

  6. Solid-state lighting: an energy-economics perspective

    Energy Technology Data Exchange (ETDEWEB)

    Tsao, J Y; Creighton, J R; Coltrin, M E; Simmons, J A [Physical, Chemical and Nano Sciences Center, Sandia National Laboratories, PO Box 5800, Albuquerque, NM 87185-0601 (United States); Saunders, H D, E-mail: jytsao@sandia.go, E-mail: jrcreig@sandia.go, E-mail: mecoltr@sandia.go, E-mail: jsimmon@sandia.go, E-mail: hsaunders@decisionprocessesinc.co [Decision Processes Incorporated, 2308 Saddleback Drive, Danville, CA 94506 (United States)

    2010-09-08

    Artificial light has long been a significant factor contributing to the quality and productivity of human life. As a consequence, we are willing to use huge amounts of energy to produce it. Solid-state lighting (SSL) is an emerging technology that promises performance features and efficiencies well beyond those of traditional artificial lighting, accompanied by potentially massive shifts in (a) the consumption of light, (b) the human productivity and energy use associated with that consumption and (c) the semiconductor chip area inventory and turnover required to support that consumption. In this paper, we provide estimates of the baseline magnitudes of these shifts using simple extrapolations of past behaviour into the future. For past behaviour, we use recent studies of historical and contemporary consumption patterns analysed within a simple energy-economics framework (a Cobb-Douglas production function and profit maximization). For extrapolations into the future, we use recent reviews of believed-achievable long-term performance targets for SSL. We also discuss ways in which the actual magnitudes could differ from the baseline magnitudes of these shifts. These include: changes in human societal demand for light; possible demand for features beyond lumens; and guidelines and regulations aimed at economizing on consumption of light and associated energy.

  7. Engineering economics of alternative energy sources

    International Nuclear Information System (INIS)

    Denno, K.

    1990-01-01

    This textbook presents a comprehensive picture of the economic aspects, feasibility and adaptability of alternative energy sources and their interconnections. The author intends for this treatment of energy sources to be total and complete. It therefore includes such topics as low temperature and high temperature fuel cells, rechargeable storage batteries (including lead acid, nickel-cadmium, lithium, and sodium-sulfur), Redox flows cells energy system in compatibility with fuel cells and storage batteries, MHD energy systems using non-fossil renewable fuels, solar energy system using direct thermal units and photovoltaic generators, wind energy conversion systems, tidal ocean wave energy converters, geothermal energy, and ocean thermal energy conversion systems. The book is structured so that each major energy source is given one chapter. Each chapter begins with a discussion of the basic structural components of the energy source, as well as operational and fuel characteristics. This is followed by an economic analysis, which includes incremental energy cost curves and economic coordination equations for each possible system of operation. Where appropriate, economic scheduling of generation is applied to several modes of system consumption (e.g., localized dispersed systems, interconnected load centers, and central systems)

  8. On the economics of technology diffusion and energy efficiency

    International Nuclear Information System (INIS)

    Mulder, P.

    2003-01-01

    Energy is an essential factor that fuels economic growth and serves human well-being. World energy use has grown enormously since the middle of the 19th century. This increase in the scale of energy demand comes at a certain price, including environmental externalities, such as the enhanced greenhouse effect. Notwithstanding the need for renewable energy sources, these environmental problems also necessitate further improvements in energy efficiency. Technological change plays a crucial role in realizing energy efficiency improvements and, hence, in ameliorating the conflict between economic growth and environmental quality. At the same time, it is known that not only innovation, but also diffusion of new technologies is a costly and lengthy process, and that many firms do not invest in best-practice technologies. This study aims to contribute to a better understanding of the inter. play between economic growth, energy use and technological change, with much emphasis on the adoption and diffusion of energy-saving technologies. The thesis presents a mix of theoretical and empirical analyses inspired by recent developments in economic theorizing on technological change that stress the role of accumulation and distribution of knowledge (learning), uncertainty, path dependency and irreversibility. The theoretical part of the study examines how several characteristics of technological change as well as environmental policy affect the dynamics of technology choice. The empirical part of the study explores long-run trends in energy- and labour productivity performance across a range of OECD countries at a detailed sectoral level

  9. Simplified energy design economics: Principles of economics applied to energy conservation and solar energy investments in buildings

    Science.gov (United States)

    Marshall, H. E.; Ruegg, R. T.; Wilson, F.

    1980-01-01

    Economic analysis techniques for evaluating alternative energy conservation investments in buildings are presented. Life cycle cost, benefit cost, savings to investment, payback, and rate of return analyses are explained and illustrated. The procedure for discounting is described for a heat pump investment. Formulas, tables of discount factors, and detailed instructions are provided to give all information required to make economic evaluations of energy conserving building designs.

  10. Assessing District Energy Systems Performance Integrated with Multiple Thermal Energy Storages

    Science.gov (United States)

    Rezaie, Behnaz

    The goal of this study is to examine various energy resources in district energy (DE) systems and then DE system performance development by means of multiple thermal energy storages (TES) application. This study sheds light on areas not yet investigated precisely in detail. Throughout the research, major components of the heat plant, energy suppliers of the DE systems, and TES characteristics are separately examined; integration of various configurations of the multiple TESs in the DE system is then analysed. In the first part of the study, various sources of energy are compared, in a consistent manner, financially and environmentally. The TES performance is then assessed from various aspects. Then, TES(s) and DE systems with several sources of energy are integrated, and are investigated as a heat process centre. The most efficient configurations of the multiple TESs integrated with the DE system are investigated. Some of the findings of this study are applied on an actual DE system. The outcomes of this study provide insight for researchers and engineers who work in this field, as well as policy makers and project managers who are decision-makers. The accomplishments of the study are original developments TESs and DE systems. As an original development the Enviro-Economic Function, to balance the economic and environmental aspects of energy resources technologies in DE systems, is developed; various configurations of multiple TESs, including series, parallel, and general grid, are developed. The developed related functions are discharge temperature and energy of the TES, and energy and exergy efficiencies of the TES. The TES charging and discharging behavior of TES instantaneously is also investigated to obtain the charging temperature, the maximum charging temperature, the charging energy flow, maximum heat flow capacity, the discharging temperature, the minimum charging temperature, the discharging energy flow, the maximum heat flow capacity, and performance

  11. Economic Dispatch of Electric Energy Storage with Multi-service Provision

    DEFF Research Database (Denmark)

    You, Shi; Træholt, Chresten; Poulsen, Bjarne

    2011-01-01

    This paper develops a generic optimization model that explores the difficulty met by Electric Energy Storage (EES) systems when economic dispatch for multiple-service provision is requested. Such a model is further used to investigate the economic performance of an EES system which meets the 10...

  12. The role of energy in economic growth.

    Science.gov (United States)

    Stern, David I

    2011-02-01

    This paper reviews the mainstream, resource economics, and ecological economics models of growth. A possible synthesis of energy-based and mainstream models is presented. This shows that when energy is scarce it imposes a strong constraint on the growth of the economy; however, when energy is abundant, its effect on economic growth is much reduced. The industrial revolution released the constraints on economic growth by the development of new methods of using coal and the discovery of new fossil fuel resources. Time-series analysis shows that energy and GDP cointegrate, and energy use Granger causes GDP when capital and other production inputs are included in the vector autoregression model. However, various mechanisms can weaken the links between energy and growth. Energy used per unit of economic output has declined in developed and some developing countries, owing to both technological change and a shift from poorer quality fuels, such as coal, to the use of higher quality fuels, especially electricity. Substitution of other inputs for energy and sectoral shifts in economic activity play smaller roles. © 2011 New York Academy of Sciences.

  13. Introduction : Energy economics and financial markets

    NARCIS (Netherlands)

    Simpson, John L.; Westerman, Wim; Dorsman, André

    2015-01-01

    Energy issues feature frequently in the economic and financial press. It is argued that the importance of energy production, consumption and trade and raises fundamental economic issues that impact the global economy and financial markets. Specific examples of daily energy issues stem from various

  14. Technical progress of nuclear energy: economic and environmental prospects

    International Nuclear Information System (INIS)

    Naudet, G.

    1994-01-01

    This document deals with three different aspects of the nuclear energy: first the operating and economic performances of nuclear power plants in the world, the French nuclear competitiveness. Then, the technical and economic perspectives about reactors and fuels cycle and the advantages towards atmospheric pollution are discussed to favour a new worldwide nuclear development. (TEC). 8 refs., 4 figs., 6 tabs

  15. Economic Analysis of Nuclear Energy

    International Nuclear Information System (INIS)

    Lee, Man Ki; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Oh, K. B.

    2006-12-01

    It has been well recognized that securing economic viabilities along with technologies are very important elements in the successful implementation of nuclear R and D projects. The objective of the Project is to help nuclear energy to be utilized in an efficient way by analyzing major issues related with nuclear economics. The study covers following subjects: the role of nuclear in the future electric supply system, economic analysis of nuclear R and D project, contribution to the regional economy from nuclear power. In addition, the study introduces the international cooperation in the methodological area of efficient use of nuclear energy by surveying the international activities related with nuclear economics

  16. Economic Analysis of Nuclear Energy

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Man Ki; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Oh, K. B

    2006-12-15

    It has been well recognized that securing economic viabilities along with technologies are very important elements in the successful implementation of nuclear R and D projects. The objective of the Project is to help nuclear energy to be utilized in an efficient way by analyzing major issues related with nuclear economics. The study covers following subjects: the role of nuclear in the future electric supply system, economic analysis of nuclear R and D project, contribution to the regional economy from nuclear power. In addition, the study introduces the international cooperation in the methodological area of efficient use of nuclear energy by surveying the international activities related with nuclear economics.

  17. The economic value of fusion energy

    International Nuclear Information System (INIS)

    Kim, S.H.; Clarke, J.; Edmonds, J.

    1996-01-01

    The potential economic benefit of fusion energy technology is significant and could dwarf the world's total expenditure on fusion energy research and development. However, the realization of these benefits will depend on the economic competitiveness of electricity generation from fusion energy technologies relative to that from other existing fossil fueled and renewable technologies, as well as the time in which fusion energy technologies are available for commercial operation. Utilizing the Second Generation Model, a long-term energy/economics model, the potential economic benefit of fusion energy technology for the United States was assessed. Model scenarios with hypothetical fusion power technologies based on the International Thermonuclear Experimental Reactor (ITER) design with varying cost and time of availability showed that significant economic benefit exists from a competitive fusion technology with cost of electricity (COE) of 0.06 $/kWhr and available in the year 2025. The fusion technology with these characteristics resulted in a total discounted GDP benefit of $105 billion from the year 1995 to 2100. On the other hand, uncompetitive fusion technologies with higher COE of 0.12 and 0.09 $/kWhr had little economic benefits. Moreover, delaying the introduction of all fusion technologies from 2025 to 2050 reduced the economic benefits of fusion technologies by more than 60 percent. Aside from the economic benefit of fusion technologies operating in the United States, the potential economic value of international trade in fusion technologies is likely to be even greater. If the United States could capture just a portion of the global electricity market, the export value of the fusion technology could amount to hundreds of billions of dollars, whereas the cost of importing the technology to the United States will erase any benefits derived from GDP increases

  18. Parameter analysis and optimization of the energy and economic performance of solar-assisted liquid desiccant cooling system under different climate conditions

    International Nuclear Information System (INIS)

    Qi, Ronghui; Lu, Lin; Huang, Yu

    2015-01-01

    Highlights: • Operation conditions significantly affect energy & economic performance of SLDCS. • Control parameters in three areas were optimized by Multi-Population Genetic Algorithm. • Solar collector area showed the greatest effect on system performance for humid areas. • Desiccant concentration showed greatest effect on system performance for dry areas. • Requirement of collector area, heating water and desiccant flow rates for humid areas is highest. - Abstract: Operation conditions significantly affect the energy and economic performance of solar-assisted liquid desiccant cooling systems. This study optimized the system control parameters for buildings in different climates, i.e., Singapore (hot and humid), Beijing (moderate) and Boulder (hot and dry), with a multi-parameter optimization based on the Multi-Population Genetic Algorithm to obtain optimal system performance in terms of relatively maximum electricity saving rate with a minimum cost payback period. The results indicated that the selection of operation parameters is significantly influenced by climatic conditions. The solar collector installation area exhibited the greatest effect on both energy and economic performance in humid areas, and the heating water flow rate was also important. For dry areas, a change in desiccant concentration had the largest effect on system performance. Although the effect of the desiccant flow rate was significant in humid cities, it appeared to have little influence over buildings in dry areas. Furthermore, the requirements of the solar collector installation area in humid areas were much higher. The optimized area was up to 70 m"2 in Singapore compared with 27.5 m"2 in Boulder. Similar results were found for the flow rates of heating water and the desiccant solution. Applying the optimization, humid cities could achieve an electricity saving of more than 40% with a six-year payback period. The optimal performance for hot and dry areas of a 38% electricity

  19. Clean energy, non-clean energy, and economic growth in the MIST countries

    International Nuclear Information System (INIS)

    Pao, Hsiao-Tien; Li, Yi-Ying; Hsin-Chia Fu

    2014-01-01

    This paper explores the causal relationship between clean (renewable/nuclear) and non-clean energy consumption and economic growth in emerging economies of the MIST (Mexico, Indonesia, South Korea, and Turkey) countries. The panel co-integration tests reveal that there is a long-term equilibrium relationship among GDP, capital formation, labor force, renewable/nuclear, and fossil fuel energy consumption. The panel causality results indicate that (1) there is a positive unidirectional short-run causality from fossil fuel energy consumption to economic growth with a bidirectional long-run causality; (2) there is a unidirectional long-run causality from renewable energy consumption to economic growth with positive bidirectional short-run causality, and a long-run causality from renewable to fossil fuel energy consumption with negative short-run feedback effects; and (3) there is a bidirectional long-run causality between nuclear energy consumption and economic growth and a long-run causality from fossil fuel energy consumption to nuclear energy consumption with positive short-run feedback effects. These suggest that MIST countries should be energy-dependent economies and that energy conservation policies may depress their economic development. However, developing renewable and nuclear energy is a viable solution for addressing energy security and climate change issues, and creating clean and fossil fuel energy partnerships could enhance a sustainable energy economy. - Highlights: • This novel study can provide more robust bases to strengthen sustainable energy policy settings. • Fossil fuel/nuclear energy use and economic growth is bidirectional causality. • Renewable energy consumption long term causes economic growth. • There is substitutability between renewable and fossil fuel energy. • Clean and non-clean energy partnerships can achieve a sustainable energy economy

  20. Simplicity: the key to improved safety, performance and economics

    International Nuclear Information System (INIS)

    McCandless, R.J.; Redding, J.R.

    1989-01-01

    In General Electric's Simplified Boiling Water Reactor (SBWR) design every feature, every system, every piece of equipment must justify its existence - or it must go. Each must perform a needed function in the simplest way because simplification is the key to high performance and competitive economics. The SBWR has the potential to become a safe, economical and environmentally sound energy source for the 1990s, GE believes. The distinctive features of the reactor are described. It is illustrated on a wall chart which also gives its main specifications

  1. Energy technologies and energy efficiency in economic modelling

    DEFF Research Database (Denmark)

    Klinge Jacobsen, Henrik

    1998-01-01

    This paper discusses different approaches to incorporating energy technologies and technological development in energy-economic models. Technological development is a very important issue in long-term energy demand projections and in environmental analyses. Different assumptions on technological ...... of renewable energy and especially wind power will increase the rate of efficiency improvement. A technologically based model in this case indirectly makes the energy efficiency endogenous in the aggregate energy-economy model....... technological development. This paper examines the effect on aggregate energy efficiency of using technological models to describe a number of specific technologies and of incorporating these models in an economic model. Different effects from the technology representation are illustrated. Vintage effects...... illustrates the dependence of average efficiencies and productivity on capacity utilisation rates. In the long run regulation induced by environmental policies are also very important for the improvement of aggregate energy efficiency in the energy supply sector. A Danish policy to increase the share...

  2. Energy Economics of Farm Biogas in Cold Climates

    Energy Technology Data Exchange (ETDEWEB)

    Pillay, Pragasen; Grimberg, Stefan; Powers, Susan E

    2012-10-24

    Anaerobic digestion of farm and dairy waste has been shown to be capital intensive. One way to improve digester economics is to co-digest high-energy substrates together with the dairy manure. Cheese whey for example represents a high-energy substrate that is generated during cheese manufacture. There are currently no quantitative tools available that predict performance of co-digestion farm systems. The goal of this project was to develop a mathematical tool that would (1) predict the impact of co-digestion and (2) determine the best use of the generated biogas for a cheese manufacturing plant. Two models were developed that separately could be used to meet both goals of the project. Given current pricing structures of the most economical use of the generated biogas at the cheese manufacturing plant was as a replacement of fuel oil to generate heat. The developed digester model accurately predicted the performance of 26 farm digesters operating in the North Eastern U.S.

  3. Economics of international energy security policy

    International Nuclear Information System (INIS)

    Paik, I.K.

    1992-01-01

    Because there is no inexpensive substitute for crude oil and petroleum products at the present time, an oil supply disruption inevitably leads to higher oil prices and economic losses. Wealth transfer to oil producing nations, reduced output increased unemployment and inflation. For these reasons, major oil-consuming countries currently have in place various oil emergency response measures to protect themselves from adverse economic consequences of oil supply disruptions: stockpiling emergency oil reserves to augment supplies, if necessary, in an emergency; and lowering oil demand through non-price mechanisms. The main purpose of this paper is to show that while, supply enhancement and demand reduction could have the same effect on oil prices in the event of an oil supply shortfall, they may have significantly different effects on the economies. Section I discusses the principal oil emergency response measures of the members of the International Energy Agency (IEA) -- emergency oil stockpiles and demand restraint -- and their policies for implementing the measures. Section II describes the analytical method used to perform comparative economic analysis of releasing emergency stocks and restraining demand in an oil emergency. Section III presents quantitative results of the analysis, and Section IV, conclusions of the analytical results and their energy security policy implications

  4. Economic analysis of passive houses and low-energy houses compared with standard houses

    International Nuclear Information System (INIS)

    Audenaert, A.; Cleyn, S.H. de; Vankerckhove, B.

    2008-01-01

    As the energy demand used for space heating accounts for 78% of EU15 household delivered energy consumption, significant reductions in energy demand can be achieved by promoting low-energy buildings. Our study investigates three building types: the standard house, the low-energy house and the passive house. As more far-reaching measures concerning energy savings usually lead to higher investments, the aim of our study is to perform an economic analysis in order to determine the economic viability of the three building types

  5. Diversification and Corporate Performance: Evidence from China’s Listed Energy Companies

    Directory of Open Access Journals (Sweden)

    Qiming Li

    2016-09-01

    Full Text Available Recently, China’s energy industry has been continuously depressed due to a slowdown in its economic development. China’s energy companies have made considerable efforts to promote their corporate performance to mitigate this performance decline and to ensure the sustainable development of China’s energy industry, macro economy, society and environment. In this paper, the effects of two business strategies—industrial diversification and international diversification—on the performance of listed energy firms are empirically investigated. The empirical results show the following: (1 industrial diversification hinders corporate performance; (2 for industrially-diversified energy companies, related diversified strategies are more effective than unrelated diversified strategies; and (3 international diversification improves the performance of renewable energy firms, but hinders the performance of conventional energy firms. These results suggest that as economic conditions are not currently optimal, China’s energy companies should pay more attention to their main businesses and generate more products to satisfy market demand.

  6. Economic effect of fusion in energy market. Economic impact of fusion deployment in energy market

    International Nuclear Information System (INIS)

    Konishi, Satoshi

    2002-01-01

    Energy model analysis estimates the significant contribution of fusion in the latter half of the century under the global environment constraints if it will be successfully developed and introduced into the market. The total possible economical impact of fusion is investigated from the aspect of energy cost savings, sales, and its effects on Gross Domestic Products. Considerable economical possibility will be found in the markets for fusion related devices, of currently developing countries, and for synthesized fuel. The value of fusion development could be evaluated from these possible economic impact in comparison with its necessary investment. (author)

  7. Does energy efficiency improve technological change and economic growth in developing countries?

    International Nuclear Information System (INIS)

    Cantore, Nicola; Calì, Massimiliano; Velde, Dirk Willem te

    2016-01-01

    Does a trade-off exist between energy efficiency and economic growth? This question underlies some of the tensions between economic and environmental policies, especially in developing countries that often need to expand their industrial base to grow. This paper contributes to the debate by analyzing the relationship between energy efficiency and economic performance at the micro- (total factor productivity) and macro-level (countries' economic growth). It uses data on a large sample of manufacturing firms across 29 developing countries to find that lower levels of energy intensity are associated with higher total factor productivity for the majority of these countries. The results are robust to a variety of checks. Suggestive cross-country evidence points towards the same relation measured at the macro-level as well. - Highlights: •Total factor productivity is an accurate proxy of technological change. •Energy efficiency triggers total factor productivity especially in manufacturing. •Technological change via energy efficiency in manufacturing is an engine of growth.

  8. Energy and economic savings using geothermal heat pumps in different climates

    International Nuclear Information System (INIS)

    Morrone, Biagio; Coppola, Gaetano; Raucci, Vincenzo

    2014-01-01

    Highlights: • Numerical study on 20 years Ground Source Heat Pumps (GSHPs) operation is achieved. • Increase in ground temperature due to GSHP can occur during 20 years operation. • Economical and GHG savings using GSHP show divergent trends for different climates. - Abstract: A technical and economic feasibility study is performed on residential buildings, heated and cooled by geothermal heat pumps (GHPs) equipped with energy piles. The analysis is carried out for two different climate locations and building energy needs, which have been evaluated following the current European standard ISO 13790. The energy pile system performance coupled with the GHP has been numerically calculated by using the PILESIM2 software over 20 years of operation. The Primary Energy Saving (PES) indices were calculated comparing the actual GHPs systems with traditional cooling and heating systems, together with their sensitivity to thermal and cooling loads for two different climate locations. Also, economic savings and greenhouse gases (GHG) reduction have been calculated resulting from the GHPs use. The results show that in mild climates, where the GHPs are mainly used as HP, the annual average temperature of the ground around the energy piles can increase up to about 10 °C after many years of operation, whereas in cold climates the increase is nearly negligible. Thus, the economical profit of GHPs is more difficult to achieve in mild climates than in cold ones. Conversely, GHG emission reduction is found to be larger in mild climates than in cold ones

  9. Evaluating the Economic Performance of High-Technology Industry and Energy Efficiency: A Case Study of Science Parks in Taiwan

    Directory of Open Access Journals (Sweden)

    Min-Ren Yan

    2013-02-01

    Full Text Available High-technology industries provide opportunities for economic growth, but also raise concerns because of their energy-demanding nature. This paper provides an integrated evaluation of both economic benefits and energy efficiency of high-technology industries based on the real data from one of the globally recognized high-technology industrial clusters, the national science parks in Taiwan. A nation-wide industrial Input-Output Analysis is conducted to demonstrate the positive effects of science parks on national economic developments and industrial upgrades. The concept of energy intensity and an energy-efficient economy index are applied to an integrated assessment of the relationship between economic growth and energy consumption. The proposed case study suggests that economic and energy efficiency objectives can be simultaneously achieved by the development of high-technology industries, while three energy policy implications are considered. First, a nation-wide macro viewpoint is needed and high-technology industries should be considered as parts of the national/regional economies by governmental agencies. Second, a proper industrial clustering mechanism and the shared environmental facilities supported by the government, such as planned land and road usage, electricity and water supply, telecommunications system, sewerage system and wastewater treatments, can improve energy efficiency of high-technology industries. Third, the governmental policies on the taxing and management system in science parks would also direct energy-efficient economy of high-technology industries.

  10. Policy Pathways: Energy Performance Certification of Buildings

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-07-01

    Improving energy efficiency is one of the most effective measures to address energy security, climate change and economic objectives. The Policy Pathways series can help countries capture this potential by assisting with the implementation of the 25 energy efficiency policy recommendations that were published by the International Energy Agency (IEA) in 2008. This policy pathway on energy performance certification of buildings is the second in the series. It aims to provide a 'how-to' guide to policy makers and relevant stakeholders on the essential elements in implementing energy performance certification of buildings programmes. Energy performance certification of buildings is a way to rate the energy efficiency of individual buildings -- whether they be residential, commercial or public. It is a key policy instrument that can assist governments in reducing energy consumption in buildings. This policy pathway showcases experiences from countries around the world to show examples of good practice and delivers a pathway of ten critical steps to implement energy performance certification of buildings programmes.

  11. Essays in Energy Economics

    Science.gov (United States)

    Myers, Erica Catherine

    This dissertation combines research on three topics in applied energy economics. The first two papers investigate whether consumers are informed about and pay attention to energy costs in residential housing. The first paper explores this issue in the rental housing market, while the second paper focuses on housing purchases. The third paper, based on joint work with AJ Bostian and Harrison Fell, uses a laboratory experiment to test the effects of positive versus negative cost shocks on mulit-unit procurement auction performance. The first paper explores whether there are energy cost information asymmetries between landlords and tenants. If tenants are uninformed about energy costs, landlords cannot capitalize energy efficiency investments into higher rents, leading to under-investment. I exploit variation in energy costs in the form of relative heating fuel price changes in the northeastern United States where some apartment units heat with oil and some units heat with natural gas. I develop a search model to describe the matching of landlords and tenants, and derive predictions about the incidence of relative fuel price changes, tenant turnover, and efficiency investments under both symmetric and asymmetric information. My model predicts that, under symmetric full information, these outcomes will not differ depending on whether landlords or tenants pay for energy. In contrast, under asymmetric information, the demand of uninformed tenants for units that heat with oil rather than gas will not shift when oil prices rise relative to gas prices. In a search model, this leads to different market outcomes when landlords, rather than tenants, pay for energy. I find that the capitalization of energy prices into rents, turnover rates, and energy efficiency investments differ between the two payment regimes in ways that are consistent with asymmetric information. The second paper explores whether home buyers are myopic about future energy costs. I exploit variation in

  12. A techno-economic evaluation of a biomass energy conversion park

    Energy Technology Data Exchange (ETDEWEB)

    Van Dael, M.; Van Passel, S.; Witters, N. [Centre for Environmental Sciences, Hasselt University, Agoralaan Gebouw D, 3590 Diepenbeek (Belgium); Pelkmans, L.; Guisson, R. [VITO, Boeretang 200, 2400 Mol (Belgium); Reumermann, P. [BTG Biomass Technology Group, Josink Esweg 34, 7545 PN Enschede (Netherlands); Marquez Luzardo, N. [School of Life Sciences and Environmental Technology, Avans Hogeschool, Hogeschoollaan 1, 4800 RA Breda (Netherlands); Broeze, J. [Agrotechnology and Food Sciences Group, Wageningen University, Bomenweg 2, 6703 HD Wageningen (Netherlands)

    2013-04-15

    Biomass as a renewable energy source has many advantages and is therefore recognized as one of the main renewable energy sources to be deployed in order to attain the target of 20% renewable energy use of final energy consumption by 2020 in Europe. In this paper the concept of a biomass Energy Conversion Park (ECP) is introduced. A biomass ECP can be defined as a synergetic, multi-dimensional biomass conversion site with a highly integrated set of conversion technologies in which a multitude of regionally available biomass (residue) sources are converted into energy and materials. A techno-economic assessment is performed on a case study in the Netherlands to illustrate the concept and to comparatively assess the highly integrated system with two mono-dimensional models. The three evaluated models consist of (1) digestion of the organic fraction of municipal solid waste, (2) co-digestion of manure and co-substrates, and (3) integration. From a socio-economic point of view it can be concluded that it is economically and energetically more interesting to invest in the integrated model than in two separate models. The integration is economically feasible and environmental benefits can be realized. For example, the integrated model allows the implementation of a co-digester. Unmanaged manure would otherwise represent a constant pollution risk. However, from an investor's standpoint one should firstly invest in the municipal solid waste digester since the net present value (NPV) of this mono-dimensional model is higher than that of the multi-dimensional model. A sensitivity analysis is performed to identify the most influencing parameters. Our results are of interest for companies involved in the conversion of biomass. The conclusions are useful for policy makers when deciding on policy instruments concerning manure processing or biogas production.

  13. Energy, exergy, economic and environmental (4E) analysis of a solar desalination system with humidification-dehumidification

    International Nuclear Information System (INIS)

    Deniz, Emrah; Çınar, Serkan

    2016-01-01

    Highlights: • Possibility of suppling all energy consumption from solar energy was tested. • Air and water-heated humidification-dehumidification desalination system was proposed. • Energy, exergy, economic and environmental analysis were performed. • Productivity and performance of the desalination system was analyzed. • Various operational parameters were investigated. - Abstract: A novel humidification-dehumidification (HDH) solar desalination system is designed and tested with actual conditions and solar energy was used to provide both thermal and electrical energy. Energy-exergy analyses of the system are made and economic and enviro-economic properties are investigated using data obtained from experimental studies. In this way, economic and environmental impacts of the HDH solar desalination systems have also been determined. The maximum daily energy efficiency of the system was calculated as 31.54% and the maximum exergy efficiency was found as 1.87%. The maximum fresh water production rate is obtained as 1117.3 g/h. The estimated cost of fresh water produced through the designed HDH system is 0.0981 USD/L and enviro-economic parameter is 2.4041 USD/annum.

  14. Storing energy for cooling demand management in tropical climates: A techno-economic comparison between different energy storage technologies

    International Nuclear Information System (INIS)

    Comodi, Gabriele; Carducci, Francesco; Sze, Jia Yin; Balamurugan, Nagarajan; Romagnoli, Alessandro

    2017-01-01

    This paper addresses the role of energy storage in cooling applications. Cold energy storage technologies addressed are: Li-Ion batteries (Li-Ion EES), sensible heat thermal energy storage (SHTES); phase change material (PCM TES), compressed air energy storage (CAES) and liquid air energy storage (LAES). Batteries and CAES are electrical storage systems which run the cooling systems; SHTES and PCM TES are thermal storage systems which directly store cold energy; LAES is assessed as a hybrid storage system which provides both electricity (for cooling) and cold energy. A hybrid quantitative-qualitative comparison is presented. Quantitative comparison was investigated for different sizes of daily cooling energy demand and three different tariff scenarios. A techno-economic analysis was performed to show the suitability of the different storage systems at different scales. Three parameters were used (Pay-back period, Savings-per-energy-unit and levelized-cost-of-energy) to analyze and compare the different scenarios. The qualitative analysis was based on five comparison criteria (Complexity, Technology Readiness Level, Sustainability, Flexibility and Safety). Results showed the importance of weighing the pros and cons of each technology to select a suitable cold energy storage system. Techno-economic analysis highlighted the fundamental role of tariff scenario: a greater difference between peak and off-peak electricity tariff leads to a shorter payback period of each technology. - Highlights: • Techno-economic evaluation of energy storage solutions for cooling applications. • Comparison between five energy storage (EES, SHTES, PCM, CAES, LAES) is performed. • Qualitative and quantitative performance parameters were used for the analysis. • LAES/PCM can be valid alternatives to more established technologies EES, SHTES, CAES. • Tariffs, price arbitrage and investment cost play a key role in energy storage spread.

  15. The IAEA energy and economic data bank

    International Nuclear Information System (INIS)

    Charpentier, J.P.; Russell, J.E.

    1978-01-01

    In 1976, the IAEA established a computerized energy and economic data bank not only on nuclear energy but on other forms of energy as well. The purpose of the data bank is to provide in a unified and systematic way energy and related economic data needed for long-term energy planning. A computer program permits the production of a variety of up-to-date tables and graphs

  16. The economic impact of renewable energy

    International Nuclear Information System (INIS)

    1998-02-01

    This report summarises the findings of a project investigating the economic impact of renewable energy. The background to the study is traced, and potential sources of public finance for renewable projects, sensitivity analysis of the employment estimates , estimates of demand met by renewable energy technologies, the expenditures involved in investment in renewable energy; and sectoral linkages are examined. Wealth creation through investment in renewable energy, and the economic and employment impacts are explored. Plant retirement and replacement analysis, and input-output models are considered in appendices

  17. The economic impact of renewable energy

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-02-01

    This report summarises the findings of a project investigating the economic impact of renewable energy. The background to the study is traced, and potential sources of public finance for renewable projects, sensitivity analysis of the employment estimates , estimates of demand met by renewable energy technologies, the expenditures involved in investment in renewable energy; and sectoral linkages are examined. Wealth creation through investment in renewable energy, and the economic and employment impacts are explored. Plant retirement and replacement analysis, and input-output models are considered in appendices.

  18. Economics of wind energy

    International Nuclear Information System (INIS)

    Ranganathan, V.; Kumar, H.P.S.

    1991-01-01

    Conventional economic analysis of wind energy often ignores the fact that it is not an energy source available on tap, but is intermittent. The analysis at times is discriminatory in the sense that the costs of transmission and distribution are added to the central grid alternative but the costs of the locational constraints of wind energy siting are not quantified. This paper evaluates wind energy after correcting for these two factors. The results are not encouraging

  19. The relationship between energy consumption structure, economic structure and energy intensity in China

    International Nuclear Information System (INIS)

    Feng Taiwen; Sun Linyan; Zhang Ying

    2009-01-01

    This paper investigates the long-run equilibrium relationships, temporal dynamic relationships and causal relationships between energy consumption structure, economic structure and energy intensity in China. Time series variables over the periods from 1980 to 2006 are employed in empirical tests. Cointegration tests suggest that these three variables tend to move together in the long-run. In addition, Granger causality tests indicate that there is a unidirectional causality running from energy intensity to economic structure but not vice versa. Impulse response analysis provides reasonable evidences that one shock of the three variables will cause the periods of destabilized that followed. However, the impact of the energy consumption structure shock on energy intensity and the impact of the economic structure shock on energy consumption structure seem to be rather marginal. The findings have significant implications from the point of view of energy conservation and economic development. In order to decrease energy intensity, Chinese government must continue to reduce the proportion of coal in energy consumption, increase the utilization efficiency of coal and promote the upgrade of economic structure. Furthermore, a full analysis of factors that may relate to energy intensity (e.g. energy consumption structure, economic structure) should be conducted before making energy policies.

  20. Solar energy system economic evaluation for IBM system 1B, Carlsbad, New Mexico

    Science.gov (United States)

    1980-01-01

    The economic performance of an operational test site of a solar energy system is described. The viability of the system was tested over a broad range of environmental and economic conditions. Significant results are reported.

  1. Integrated modelling of economic-energy-environment scenarios - The impact of China and India's economic growth on energy use and CO2 emissions

    International Nuclear Information System (INIS)

    Roques, F.; Sassi, O.; Guivarch, C.; Waisman, H.; Crassous, R.; Hourcade, J.Ch.

    2009-03-01

    A hybrid framework coupling the bottom-up energy sector WEM model with the top-down general equilibrium model IMACLIM-R is implemented to capture the macro-economic feedbacks of Chinese and Indian economic growth on energy and emissions scenarios. The iterative coupling procedure captures the detailed representation of energy use and supply while ensuring the micro-economic and macro-economic consistency of the different scenarios studied. The dual representation of the hybrid model facilitates the incorporation of energy sector expertise in internally consistent scenarios. The paper describes how the hybrid model was used to assess the effect of uncertainty on economic growth in China and India in the energy and emissions scenarios of the International Energy Agency. (authors)

  2. Solar Energy Education. Home economics: student activities. Field test edition

    Energy Technology Data Exchange (ETDEWEB)

    1981-03-01

    A view of solar energy from the standpoint of home economics is taken in this book of activities. Students are provided information on solar energy resources while performing these classroom activities. Instructions for the construction of a solar food dryer and a solar cooker are provided. Topics for study include window treatments, clothing, the history of solar energy, vitamins from the sun, and how to choose the correct solar home. (BCS)

  3. Techno-economic optimisation of energy systems

    International Nuclear Information System (INIS)

    Mansilla Pellen, Ch.

    2006-07-01

    The traditional approach currently used to assess the economic interest of energy systems is based on a defined flow-sheet. Some studies have shown that the flow-sheets corresponding to the best thermodynamic efficiencies do not necessarily lead to the best production costs. A method called techno-economic optimisation was proposed. This method aims at minimising the production cost of a given energy system, including both investment and operating costs. It was implemented using genetic algorithms. This approach was compared to the heat integration method on two different examples, thus validating its interest. Techno-economic optimisation was then applied to different energy systems dealing with hydrogen as well as electricity production. (author)

  4. Energy-, environmental and economic evaluation of energy crops utilization

    International Nuclear Information System (INIS)

    1994-06-01

    This preliminary project is prepared in order to clarify the economic possibilities and rentability of energy crops. Examples of energy crop resource potential, environmental and economic consequences are calculated on the basis of existing data. Utilization of annual and perennial crops is evaluated with regard to the usual following of agricultural areas, and to the traditional power generation in a coal-fueled plant. Two technological options are discussed: one based on energy crop fuels supplementing the conventional coal fuel, and the other based on a separate biomass-fueled boiler, connected to the conventional coal-fueled unit. Implementation of the main project,following the preliminary one will permit to estimate the future prospects and strategies of energy crop utilization as a profitable energy resource. (EG)

  5. Driving forces and barriers to improved energy performance of buildings: an analysis of energy performance of Swedish buildings, 2000-2006

    Energy Technology Data Exchange (ETDEWEB)

    Fuglseth, Bente Beckstroem

    2008-06-15

    The building sector is responsible for a substantial part of energy use and green house gas emissions in Europe. This report explores driving forces and barriers to improved energy performance of buildings, using the Swedish building sector as a case. The development of energy performance of buildings in Sweden from 2000 until 2006 is explored by applying a threefold understanding of energy performance of buildings: substitution from fossil fuels to renewable energy, conversion from electrical heating to thermal energy and reduction in energy demand. Three explanatory approaches are used to analyse driving forces and barriers to improved energy performance: the techno-economic approach stresses the physical aspects of infrastructure and technologies, the institutional approach emphasizes the role of institutional factors, while the regulative approach focuses on formal rules and laws. The study concludes that all factors have promoted substitution of fossil fuels with renewable energy, while they have prevented conversion from electrical heating to thermal energy and reduction in energy demand. (author). 95 refs

  6. Three essays on energy and economic growth

    Science.gov (United States)

    Peach, Nathanael David

    2011-12-01

    This dissertation explores the relationship between energy and economic growth. Chapter Two, Three, and Four examine the interaction of energy-related measures and economic outcomes by applying different methodologies across various spatial dimensions. Chapter Two shows that increases in energy consumption are necessary for increases in state level economic growth to occur. Chapter Three estimates a simultaneous supply and demand energy market at the state level. This system allows for estimates of structural elasticities to be obtained. Findings indicate that energy supply is considerably more elastic than energy demand. Energy demand is found to be determined by responses to short run shocks rather than long run processes. Chapter Four estimates the impact of changes in various elements of governance and institutional quality impact genuine investment within an economy. Increases in democracy are predicted to decrease genuine investment in energy-rich nations. The dissertation concludes with Chapter Five.

  7. THE RENEWABLE ENERGY PRODUCTION-ECONOMIC DEVELOPMENT NEXUS

    Directory of Open Access Journals (Sweden)

    Gorkemli Kazar

    2014-04-01

    Full Text Available As renewable energy requirements increases, its relation with development is controversial. In this study, by taking human development index for development level, the relationship between renewable electricity net generation values and development has been searched with panel analysis. Study covers two different time periods: 1980-2010 with 5 year data to analyze long term effects and 2005-2010 yearly data for short term effects. Unlike previous studies, energy generation has been taken into consideration for it is thought to be more related with economic development. It is found that in the long run economic development will be leading to renewable energy production, while in the short run there exists a bidirectional causal relationship between renewable energy production and economic development. In addition, the causal relationship between economic development and renewable energy production varies both in the long run and in the short run due to human development level of the countries.

  8. Energy abundance and economic progress

    International Nuclear Information System (INIS)

    Schurr, S.H.

    1983-01-01

    A discussion is presented on the benefits of energy abundance and on the links between energy supply, economic growth and human welfare in the United States. It is argued that the restoration of energy abundance with dependable sources of supply should be a major national objective. (U.K.)

  9. Handbook of natural resource and energy economics. Volume III

    International Nuclear Information System (INIS)

    Kneese, A.V.; Sweeney, J.L.

    1993-01-01

    The last of a three-volume series of handbooks focuses on the economics of energy, minerals and exhaustible resources, and the forecasting issues. The relationship between energy, the environment and economic growth is also examined. Chapter headings are: economic theory of depletable resources; the optimal use of exhaustible resources; intertemporal consistency issues in depletable resources; buying energy and non-fuel minerals; mineral resource stocks and information; strategies for modelling exhaustible resource supply; natural resources in an age of substitutability; natural resource cartels; the economics of energy security; natural resource use and the environment; and energy, the environment and economic growth

  10. Sustainable energy-economic-environmental scenarios

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2002-03-31

    IIASA's Environmentally Compatible Energy Strategies (ECS) Project has proposed a quantitative 'working definition' of sustainable development E3 (energy-economic-environmental) scenarios. ECS has proposed four criteria for sustainability: economic growth is sustained throughout the time horizon; socioeconomic inequity among world regions is reduced over the 21st century; reserves-to-production (R/P) ratio for exhaustible primary energy resources do not decline; and long-term environmental stress is mitigated. Using these criteria, 40 long-term E3 scenarios generated by ECS models were reviewed and analyzed. Amongst the conclusions drawn were: slow population growth or stabilization of global population appears to be prerequisite for sustainable development; economic growth alone does not guarantee a sustainable future; carbon intensities of total primary energy must decrease faster than the historical trend; strategies for fossil fuel consumption must aim at non-decreasing R/P ratios; and carbon emissions must be near or below today's levels at the end of this century. The analysis of sustainable development scenarios is an important step towards formulating long-term strategies aimed at climate stabilization. 6 figs., 1 tab.

  11. Relationship of Energy Growth to Economic Growth under Alternative Energy Policies

    Energy Technology Data Exchange (ETDEWEB)

    Behling, Jr., D. J.; Dullien, R.; Hudson, E.

    1976-03-01

    This report is the first of a series of studies that will analyze the economic and social impacts of research, development, and demonstration plans of the Energy Research and Development Administration. Two policy proposals were examined against a Base Case set of economic and energy projections for the years 1985, 1990, and 2000: (1) the introduction of RD and D-initiated energy supply and end-use conversion technologies to expand domestic energy supply and to improve the efficiency and flexibility of its use; and (2) the imposition of taxes and tariffs on petroleum and natural gas to reduce demand for these primary energy sources. Targets for the amounts of imports of oil and gas were specified by ERDA as follows: 10 percent (or less) of total U.S. energy consumption in 1985; 8 percent (or less) of total U.S. energy consumption in 1990; and 5 percent (or less) of total U.S. energy consumption in 2000. The purpose of the analysis was to first identify the degree to which the introduction of new energy technologies and/or the imposition of energy taxes could reduce oil and gas imports toward the target levels; and second, to estimate the effects of these policies on the economy and the environment. These economic and environmental effects are thus a measure of the costs associated with meeting the import targets. The benefits of these policies, in the form of increased economic and political security were not measured. The analysis was based on an analytic framework which linked detailed mathematical process engineering and economic models to more aggregate econometric models. The four models employed are described.

  12. Challenges when Performing Economic Optimization of Waste Treatment

    DEFF Research Database (Denmark)

    Juul, Nina; Münster, Marie; Ravn, Hans

    2011-01-01

    New investments in waste treatment facilities are needed due to a number of factors including continuously increasing waste amounts, political demands for efficient utilization of the waste resources in terms of recycling or energy production, and decommissioning of existing waste treatment...... facilities due to age and stricter environmental regulation. Optimization models can assist in ensuring that these investment strategies will be economically feasible. Various economic optimization models for waste treatment have been developed which focus on different parameters. Models focusing...... in multi criteria analysis have been developed. A thorough updated review of the existing models is presented and the main challenges and the crucial parameters to take into account when assessing the economic performance of waste treatment alternatives are identified. The review article will assist both...

  13. Energy Storage Economics

    Energy Technology Data Exchange (ETDEWEB)

    Elgqvist, Emma M [National Renewable Energy Laboratory (NREL), Golden, CO (United States)

    2017-09-07

    This presentation provides an overview on energy storage economics including recent market trends, battery terminology and concepts, value streams, challenges, and an example of how photovoltaics and storage can be used to lower demand charges. It also provides an overview of the REopt Lite web tool inputs and outputs.

  14. Skill-based immigration, economic integration, and economic performance

    OpenAIRE

    Aydemir, Abdurrahman

    2014-01-01

    Studies for major immigrant-receiving countries provide evidence on the comparative economic performance of immigrant classes (skill-, kinship-, and humanitarian-based). Developed countries are increasingly competing for high-skilled immigrants, who perform better in the labor market. However, there are serious challenges to their economic integration, which highlights a need for complementary immigration and integration policies.

  15. On the energy economics of air lubrication drag reduction

    Directory of Open Access Journals (Sweden)

    Simo A. Mäkiharju

    2012-12-01

    Full Text Available Air lubrication techniques for frictional drag reduction on ships have been proposed by numerous researchers since the 19th century. However, these techniques have not been widely adopted as questions persist about their drag reduction performance beyond the laboratory, as well as energy and economic cost-benefit. This paper draws on data from the literature to consider the suitability of air lubrication for large ocean going and U.S. Great Lakes ships, by establishing the basic energy economic calculations and presenting results for a hypothetical air lubricated ship. All the assumptions made in the course of the analysis are clearly stated so that they can be refined when considering application of air lubrication to a specific ship. The analysis suggests that, if successfully implemented, both air layer and partial cavity drag reduction could lead to net energy savings of 10 to 20%, with corresponding reductions in emissions.

  16. Analysis of economic and energy utilization aspects for waste heat aquaculture

    Energy Technology Data Exchange (ETDEWEB)

    Olszewski, M.; Wilson, J. V.

    1978-01-01

    A waste heat aquaculture system using extensive culture techniques to produce fin and shellfish is currently under investigation at the Oak Ridge National Laboratory. The system uses nutrients in waste water streams to grow algae and zooplankton which are fed to fish and clams. A tilapia polyculture association and the freshwater clam Corbicula are the animals cultured in the system. The investigations were performed to determine the economic feasibility of the system and examine energy utilization in the system. A net energy analysis was performed to identify the energy saving potential for the system. This analysis includes all energy costs (both direct and indirect) associated with building and operating the system. The results of the economic study indicated that fish production costs of $0.55/kg ($0.25/lb) were possible. This cost, however, depends upon the fish production rate and food conversion efficiency and could rise to as much as $1.65/kg ($0.75/lb). Clam production costs were found to be in the neighborhood of $0.37/kg of clam meat ($1.24/bushel). The energy utilization study results indicated that, when all energy costs are included, fish from the aquaculture system may require only 35% of the net energy now required for fish products from the ocean. However, the energy requirements also depend on system parameters and could be as large as the energy required for ocean caught products. Clams can be produced in the aquaculture system using only about 25% of the net energy required by traditional means. The results of the analysis indicate that the system appears to be economically feasible. They also indicate that significant energy savings are possible if waste heat aquaculture products replace ocean caught products.

  17. Marketization and Economic Performance

    DEFF Research Database (Denmark)

    Hansen, Morten Balle

    2010-01-01

    . A reform enforcing compulsory competitive tendering in homecare for elderly people in Denmark is analysed and its relation to measures of economic performance is explored. Two competing models of marketization are contrasted in the analysis: a problem solving model inspired by public choice ideology...... little impact on economic performance is found, which lends support to an institutional interpretation of the findings....

  18. Nuclear energy consumption and economic growth in nine developed countries

    International Nuclear Information System (INIS)

    Wolde-Rufael, Yemane; Menyah, Kojo

    2010-01-01

    This article attempts to test the causal relationship between nuclear energy consumption and real GDP for nine developed countries for the period 1971-2005 by including capital and labour as additional variables. Using a modified version of the Granger causality test developed by Toda and Yamamoto (1995), we found a unidirectional causality running from nuclear energy consumption to economic growth in Japan, Netherlands and Switzerland; the opposite uni-directional causality running from economic growth to nuclear energy consumption in Canada and Sweden; and a bi-directional causality running between economic growth and nuclear energy consumption in France, Spain, the United Kingdom and the United States. In Spain, the United Kingdom and the USA, increases in nuclear energy consumption caused increases in economic growth implying that conservation measures taken that reduce nuclear energy consumption may negatively affect economic growth. In France, Japan, Netherlands and Switzerland increases in nuclear energy consumption caused decreases in economic growth, suggesting that energy conservation measure taken that reduce nuclear energy consumption may help to mitigate the adverse effects of nuclear energy consumption on economic growth. In Canada and Sweden energy conservation measures affecting nuclear energy consumption may not harm economic growth.

  19. Economic Investigation of Community-Scale Versus Building Scale Net-Zero Energy

    Energy Technology Data Exchange (ETDEWEB)

    Fernandez, Nicholas; Katipamula, Srinivas; Brambley, Michael R.; Reddy, T. A.

    2009-12-31

    The study presented in this report examines issues concerning whether achieving net-zero energy performance at the community scale provides economic and potentially overall efficiency advantages over strategies focused on individual buildings.

  20. Economical scale of nuclear energy application

    International Nuclear Information System (INIS)

    2001-01-01

    The nuclear energy industry is supported by two wheels of radiation and energy applications. When comparing both, they have some different sides, such as numbers of employees and researchers, numbers and scales of works, effect on society, affecting effects and regions of industrial actions, problems on safety, viewpoint on nuclear proliferation protection and safety guarantee, energy security, relationship to environmental problem, efforts on wastes disposal, and so on. Here described on economical scale of radiation application in fields of industry, agriculture, and medicine and medical treatment, and on economical scale of energy application in nuclear power generation and its instruments and apparatus. (G.K.)

  1. An enviro-economic function for assessing energy resources for district energy systems

    International Nuclear Information System (INIS)

    Rezaie, Behnaz; Reddy, Bale V.; Rosen, Marc A.

    2014-01-01

    District energy (DE) systems provide an important means of mitigating greenhouse gas emissions and the significant related concerns associated with global climate change. DE systems can use fossil fuels, renewable energy and waste heat as energy sources, and facilitate intelligent integration of energy systems. In this study, an enviro-economic function is developed for assessing various energy sources for a district energy system. The DE system is assessed for the considered energy resources by considering two main factors: CO 2 emissions and economics. Using renewable energy resources and associated technologies as the energy suppliers for a DE system yields environmental benefits which can lead to financial advantages through such instruments as tax breaks; while fossil fuels are increasingly penalized by a carbon tax. Considering these factors as well as the financial value of the technology, an analysis approach is developed for energy suppliers of the DE system. In addition, the proposed approach is modified for the case when thermal energy storage is integrated into a DE system. - Highlights: • Developed a function to assess various energy sources for a district energy system. • Considered CO 2 emissions and economics as two main factors. • Applied renewable energy resources technologies as the suppliers for a DE system. • Yields environmental benefits can lead to financial benefits by tax breaks. • Modified enviro-economic function for the TES integrated into a DE system

  2. Structured Innovation of High-Performance Wave Energy Converter Technology: Preprint

    Energy Technology Data Exchange (ETDEWEB)

    Weber, Jochem W. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Laird, Daniel [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)

    2018-01-25

    Wave energy converter (WEC) technology development has not yet delivered the desired commercial maturity nor, and more importantly, the techno-economic performance. The reasons for this have been recognized and fundamental requirements for successful WEC technology development have been identified. This paper describes a multi-year project pursued in collaboration by the National Renewable Energy Laboratory and Sandia National Laboratories to innovate and develop new WEC technology. It specifies the project strategy, shows how this differs from the state-of-the-art approach and presents some early project results. Based on the specification of fundamental functional requirements of WEC technology, structured innovation and systemic problem solving methodologies are applied to invent and identify new WEC technology concepts. Using Technology Performance Levels (TPL) as an assessment metric of the techno-economic performance potential, high performance technology concepts are identified and selected for further development. System performance is numerically modelled and optimized and key performance aspects are empirically validated. The project deliverables are WEC technology specifications of high techno-economic performance technologies of TPL 7 or higher at TRL 3 with some key technology challenges investigated at higher TRL. These wave energy converter technology specifications will be made available to industry for further, full development and commercialisation (TRL 4 - TRL 9).

  3. Economic Model Predictive Control for Large-Scale and Distributed Energy Systems

    DEFF Research Database (Denmark)

    Standardi, Laura

    Sources (RESs) in the smart grids is increasing. These energy sources bring uncertainty to the production due to their fluctuations. Hence,smart grids need suitable control systems that are able to continuously balance power production and consumption.  We apply the Economic Model Predictive Control (EMPC......) strategy to optimise the economic performances of the energy systems and to balance the power production and consumption. In the case of large-scale energy systems, the electrical grid connects a high number of power units. Because of this, the related control problem involves a high number of variables......In this thesis, we consider control strategies for large and distributed energy systems that are important for the implementation of smart grid technologies.  An electrical grid has to ensure reliability and avoid long-term interruptions in the power supply. Moreover, the share of Renewable Energy...

  4. The methodology of energy policy-making in economical models

    Energy Technology Data Exchange (ETDEWEB)

    Poursina, B.

    1998-08-01

    Scrutiny and careful study in energy is a subject that in human science has been investigated from different point of view. The expansion of this research, because of its importance and effect in different dimensions of human life, has also arrived in the field of political and economic sciences. Economics evaluates the energy phenomenon at the side of elements such as labor, capital and technology in the production functions of firms. The nature of these discussions is mainly from the viewpoint of micro analyses. Nevertheless, the variation and challenges concerning energy and environment during the recent decades and the economists` detailed investigations in its analysis and evaluation have led to the arrival of energy discussions in a special shape in macro planning and large economic models. The paper compares various energy models - EFDM, MEDEE, MIDAS and HERMES. This extent of planning and consequently modelling which lacks a background in the processes of economic researches, deals with analysis of energy and economics reacting effects. Modelling of energy-economy interaction and energy policy in modeling macroeconomics large models are new ideas in energy studies and economics. 7 refs., 6 figs., 1 tab.

  5. Energy economics basics - Emphasis programme 2004 - 2007

    International Nuclear Information System (INIS)

    Gutzwiller, L.

    2005-01-01

    This report from the Swiss Federal Office of Energy (SFOE) examines the work done within the framework of the interdisciplinary energy economics programme on scenarios and instruments for energy policy-making and economics, as well as on social and environmental aspects. The report reviews the emphasis and goals of the next phase of the programme for the period 2004 - 2007. A research road map is discussed that is to identify promising technologies that will provide a substantial contribution to meeting the goal of creating the so-called '2000-Watt Society'. The road map is to also help identify technologies that provide socio-economic advantages and identify bottlenecks and restraints on the propagation of energy-efficient technologies in the building and transport areas

  6. National economic aspects of energy supply

    International Nuclear Information System (INIS)

    Tschopp, P.

    1981-01-01

    The author discusses the economic place value of energy supply for production, the influence of energy on national economy structure and specialisation, cost/gain effects of alternative energy strategies, the effects of energy policy on the labour market, and the need for clearer aims in energy policy. (H.V.H.)

  7. Energy and economic analysis of an ICE-based variable speed-operated micro-cogenerator

    Energy Technology Data Exchange (ETDEWEB)

    Caresana, Flavio; Bartolini, Carlo Maria [Universita Politecnica delle Marche, Dipartimento di Energetica, Via Brecce Bianche, Ancona (AN) 60100 (Italy); Brandoni, Caterina [Universita Telematica e-Campus, Ingegneria Energetica, Via Isimbardi 10, Novedrate (CO) 22060 (Italy); Feliciotti, Petro [Universita Politecnica delle Marche, Dipartimento di Ingegneria Informatica, Gestionale e dell' Automazione, Via Brecce Bianche, Ancona (AN) 60100 (Italy)

    2011-03-15

    Micro-combined heat and power (CHP) systems are a key resource to meet the EUCO{sub 2} reduction agreed in the Kyoto Protocol. In the near future they are likely to spread significantly through applications in the residential and service sectors, since they can provide considerably higher primary energy efficiencies than plants generating electricity and heat separately. A 28 kW{sub e} natural gas, automotive-derived internal combustion engine CHP system was modeled with a view to comparing constant and variable speed operation modes. Besides their energy performances, the paper addresses the major factors involved in their economic evaluation and describes a method to assess their economic feasibility. Typical residential and service sector applications were chosen as test cases and the results discussed in terms of energy performances and of profitability. They showed that interesting savings can be obtained with respect to separate generation, and that they are higher for the household application in variable speed operating conditions. In fact the plant's energy performance is greatly enhanced by the possibility, for any given power, to regulate the engine's rotational speed. From the economic viewpoint, despite the higher initial cost of the variable speed concept, the system involves a shorter pay-back period and ensures greater profit. (author)

  8. Energy and economic analysis of an ICE-based variable speed-operated micro-cogenerator

    International Nuclear Information System (INIS)

    Caresana, Flavio; Brandoni, Caterina; Feliciotti, Petro; Bartolini, Carlo Maria

    2011-01-01

    Micro-combined heat and power (CHP) systems are a key resource to meet the EUCO 2 reduction agreed in the Kyoto Protocol. In the near future they are likely to spread significantly through applications in the residential and service sectors, since they can provide considerably higher primary energy efficiencies than plants generating electricity and heat separately. A 28 kW e natural gas, automotive-derived internal combustion engine CHP system was modeled with a view to comparing constant and variable speed operation modes. Besides their energy performances, the paper addresses the major factors involved in their economic evaluation and describes a method to assess their economic feasibility. Typical residential and service sector applications were chosen as test cases and the results discussed in terms of energy performances and of profitability. They showed that interesting savings can be obtained with respect to separate generation, and that they are higher for the household application in variable speed operating conditions. In fact the plant's energy performance is greatly enhanced by the possibility, for any given power, to regulate the engine's rotational speed. From the economic viewpoint, despite the higher initial cost of the variable speed concept, the system involves a shorter pay-back period and ensures greater profit.

  9. Economic competitiveness of fuel cell onsite integrated energy systems

    Science.gov (United States)

    Bollenbacher, G.

    1983-01-01

    The economic competitiveness of fuel cell onsite integrated energy systems (OS/IES) in residential and commercial buildings is examined. The analysis is carried out for three different buildings with each building assumed to be at three geographic locations spanning a range of climatic conditions. Numerous design options and operating strategies are evaluated and two economic criteria are used to measure economic performance. In general the results show that fuel cell OS/IES's are competitive in most regions of the country if the OS/IES is properly designed. The preferred design is grid connected, makes effective use of the fuel cell's thermal output, and has a fuel cell powerplant sized for the building's base electrical load.

  10. Modeling and optimization of a network of energy hubs to improve economic and emission considerations

    International Nuclear Information System (INIS)

    Maroufmashat, Azadeh; Elkamel, Ali; Fowler, Michael; Sattari, Sourena; Roshandel, Ramin; Hajimiragha, Amir; Walker, Sean; Entchev, Evgueniy

    2015-01-01

    Energy hubs that incorporate a variety of energy generation and energy transformation technologies can be used to provide the energy storage needed to enable the efficient operation of a ‘smart energy network’. When these hubs are combined as a network and allowed to exchange energy, they create efficiency advantages in both financial and environmental performance. Further, the interconnectedness of the energy network design provides an added layer of reliability. In this paper, a complex network of energy hubs is modeled and optimized under different scenarios to examine both the financial viability and potential reduction of greenhouse gas emissions. Two case studies consisting of two and three energy hubs within a network are considered. The modeling Scenarios vary according to the consideration of distributed energy systems and energy interaction between energy hubs. In the case of a network of two energy hubs, there is no significant economic or emissions benefit with only a 0.5% reduction in total cost and 3% reduction in CO_2 emission. In the case of a network of three energy hubs, there is a significant economic benefit ranging from 11% to 29%, and 11% emission reduction benefit, as well as a 13% reduction in natural gas consumption. - Highlights: • The generic form of the modified energy hub concept with network model is presented. • Two case studies are presented to demonstrate the benefits of energy hub network. • Distributed energy is shown to provide economic and environmental advantages. • Multi criteria optimization of the economic and environmental performance is done.

  11. Energy-Saving Performance of Flap-Adjustment-Based Centrifugal Fan

    Directory of Open Access Journals (Sweden)

    Genglin Chen

    2018-01-01

    Full Text Available The current paper mainly focuses on finding a more appropriate way to enhance the fan performance at off-design conditions. The centrifugal fan (CF based on flap-adjustment (FA has been investigated through theoretical, experimental, and finite element methods. To obtain a more predominant performance of CF from the different adjustments, we carried out a comparative analysis on FA and leading-adjustment (LA in aerodynamic performances, which included the adjusted angle of blades, total pressure, efficiency, system-efficiency, adjustment-efficiency, and energy-saving rate. The contribution of this paper is the integrated performance curve of the CF. Finally, the results showed that the effects of FA and LA on economic performance and energy savings of the fan varied with the blade angles. Furthermore, FA was feasible, which is more sensitive than LA. Moreover, the CF with FA offered a more extended flow-range of high economic characteristic in comparison with LA. Finally, when the operation flow-range extends, energy-saving rate of the fan with FA would have improvement.

  12. An assessement of global energy resource economic potentials

    International Nuclear Information System (INIS)

    Mercure, Jean-François; Salas, Pablo

    2012-01-01

    This paper presents an assessment of global economic energy potentials for all major natural energy resources. This work is based on both an extensive literature review and calculations using natural resource assessment data. Economic potentials are presented in the form of cost-supply curves, in terms of energy flows for renewable energy sources, or fixed amounts for fossil and nuclear resources, with strong emphasis on uncertainty, using a consistent methodology that allow direct comparisons to be made. In order to interpolate through available resource assessment data and associated uncertainty, a theoretical framework and a computational methodology are given based on statistical properties of different types of resources, justified empirically by the data, and used throughout. This work aims to provide a global database for natural energy resources ready to integrate into models of energy systems, enabling to introduce at the same time uncertainty over natural resource assessments. The supplementary material provides theoretical details and tables of data and parameters that enable this extensive database to be adapted to a variety of energy systems modelling frameworks. -- Highlights: ► Global energy potentials for all major energy resources are reported. ► Theory and methodology for calculating economic energy potentials is given. ► An uncertainty analysis for all energy economic potentials is carried out.

  13. Economic aspects of advanced energy technologies

    International Nuclear Information System (INIS)

    Ramakumar, R.; Rodriguez, A.P.; Venkata, S.S.

    1993-01-01

    Advanced energy technologies span a wide variety of resources, techniques, and end-user requirements. Economic considerations are major factors that shape their harnessing and utilization. A discussion of the basic factors in the economic arena is presented, with particular emphasis on renewable energy technologies--photovoltaics, solar-thermal, wind-electric conversion, biomass utilization, hydro, and tidal and wave energy systems. The following are essential to determine appropriate energy system topologies: proper resource-need matching with an eye on the quality of energy requirements, integrated use of several resources and technologies, and a comprehensive consideration which includes prospecting, collection, conversion, transportation, distribution, storage and reconversion, end use, and subsequent waste management aspects. A few case studies are included to apprise the reader of the status of some of the key technologies and systems

  14. The Economics of America's Energy Future.

    Science.gov (United States)

    Simmons, Henry

    This is an Energy Research and Development Administration (ERDA) pamphlet which reviews economic and technical considerations for the future development of energy sources. Included are sections on petroleum, synthetic fuels, oil shale, nuclear power, geothermal power, and solar energy. Also presented are data pertaining to U.S. energy production…

  15. The economic power of energy and the need to integrate it with energy policy

    International Nuclear Information System (INIS)

    Kümmel, Reiner; Lindenberger, Dietmar; Weiser, Florian

    2015-01-01

    Drastic oil price changes, the associated economic perturbations, the coupling of energy conversion to entropy production in the form of emissions, and the problems of climate change call for a reappraisal of energy in economic theory. We review econometric growth analyses that do not weigh the production factors capital, labor, and energy by their cost shares. Their reproduction of economic growth in Germany, Japan, and the USA during the second half of 20th century is good. According to these analyses, energy's output elasticity, which measures its economic power, is much larger than energy's share in total factor cost, while for labor's output elasticity and cost share the opposite is true. This is consistent with profit and welfare optimization, if hitherto ignored technological constraints are taken into account. Computing the motion of the German industrial sector in its cost mountain, employing empirical data on factor quantities and prices, supports these results. The pivotal role of energy in economic growth provides leverage to energy policies that care about social well being and climate stability. - Highlights: • The article indicates the importance of thermodynamics for economics. • Due to technological constraints output elasticities deviate from factor cost shares. • We point out energy policy implications from the high output elasticities of energy.

  16. Productive and Economic Performance of Broiler Chickens Subjected to Different Nutritional Plans

    Directory of Open Access Journals (Sweden)

    JMS Martins

    Full Text Available ABSTRACT The objective of the study was to evaluate the effect of nutritional plans on the productive and economic performance of Hubbard Flex broiler chickens. A completely randomized experimental design was applied, consisting of five treatments. Treatments consisted of five different nutritional plans: a basal diet containing the nutrient and energy levels recommended by literature and designated reference diet; two diets containing 1.5% and 3% lower levels than the reference diet; and two diets containing 1.5% and 3% higher levels than the reference diet (-3%, -1.5%, reference plan, +1.5% and +3%. Feed intake (FI, body weight (BW, feed conversion rate (FCR, livability (L and productive efficient index (PEI were determined when broilers were 42 days old. Broilers were processed, and carcass and parts (breast fillet, leg, and wings yields were determined. The economic viablility of the nutitional plans was evaluated as a function of feed cost/kg live and carcass weights, economic efficiency index (EEI, and cost index (CI. Feed intake and the feed conversion rate decreased as dietary nutrient and energy levels increased. Feed cost/kg live weight, economic efficiency index, and cost index cost increased as dietary nutrient and energy levels increased. Feed intake, feed conversion ratio, production efficiency index, and breast yield improved with increasing nutritional and energy levels. However, worse economic results were obtained with higher nutritional and energy levels.

  17. Renewable energy-based electricity for rural social and economic development in Ghana

    Energy Technology Data Exchange (ETDEWEB)

    Weingart, J.

    1997-12-01

    This paper describes a project whose goals include the establishment of a pilot renewable energy-based rural energy services enterprise to serve communities in the Mamprusi East District, focused on: economically productive activities; community services; household non-thermal energy. The program also seeks to establish the technical, economic, financial, institutional, and socio-cultural requirements for sustainability, to demonstrate bankability and financial sustainability, as a pre-investment prelude to commercial growth of such projects, and to establish technical, financial, and service performance standards for private sector rural energy service companies. This project is being implemented now because the government is undergoing structural reform, including privatization of the power sector, there is active foreign capital available for international development, and the government and people are committed to and able to pay for renewable energy services.

  18. Biomass energy utilisation - ecological and economic aspects

    International Nuclear Information System (INIS)

    Plamen Gramatikov

    2009-01-01

    Biomass is the world's fourth largest energy source today and it represents about 35% of the primary energy supply in developing countries. Biomass is a versatile source of energy in that it can produce electricity, heat, transport fuel and it can be stored. The problems (technical, economic, etc.) which have to be solved by treatment of biomass are discussed in this work. The average quantities of biomass resources of some European countries are presented and the structure, percentage of products and their calorific values are estimated. Keywords: Biomass Energy Potential, Ecological & Economic Aspects

  19. ENTREPRENEURSHIP AND ECONOMIC PERFORMANCE

    Directory of Open Access Journals (Sweden)

    HORAŢIU ŞOIM

    2013-12-01

    Full Text Available The problems of wealth and economic performance are old but despite their importance we have not a final answer on them. Besides the standard production factors usually stresed when we analyze economic performance and growth, land, labor and capital, we approach institutions in general and entrepreneurial culture in particular. In this paper we analyze the relationship between entreprenurship, defined by many dimensions derived from the study „Entrepreneurship in the EU and beyond.” requested by European Comission to the Gallup Internaitional, and economic performance measured by GDP/capita. The results show that countries where there is a strong entrepreneurial culture that promote initiative, opportunity seeking, risk taking aare doing better in terms of development level and wealth. At the same time the countries where the entrepreneurs have a good image in society, and thus promote entrepreneurship, are doing beter than the other countries.

  20. Nuclear energy and global warming: a new economic view

    International Nuclear Information System (INIS)

    Rokhshad Hejazi

    2009-01-01

    This paper tries to state energy situation and then energy policy globally in economic view and then offer the practical solution. Besides above questions, the most important questions that will be answered are: What is the energy position, in economic view? and what is the most important priority among environmental issues? According to present conditions and environmental challenges what is the way map for energy supply? Is the priority for environment and energy with an economic sight, in present and future, same as the past? (Author)

  1. On The Economics of Energy Labels in the Housing Market

    Energy Technology Data Exchange (ETDEWEB)

    Brounen, D. [Erasmus University, Rotterdam (Netherlands); Kok, N. [Maastricht University, Maastricht (Netherlands)

    2010-08-15

    The residential housing market can play an important role in the reduction of global carbon emissions. This paper reports the first evidence on the market adoption and economic implications of energy performance certificates implemented by the European Union. The results show that adoption rates are low and declining over time, coinciding with negative sentiment regarding the label in the popular media. Labels are clustered among smaller, post-war homes in neighborhoods with more difficult selling conditions. We also document that the adoption rates of energy labels have a positive relation to the number of 'green' voters during the 2006 national elections. Within the sample of labeled homes, the energy label creates transparency in the energy performance of dwellings. Our analysis shows that consumers capitalize this information into the price of their prospective homes.

  2. Capital-energy complementarity in aggregate energy-economic analysis

    Energy Technology Data Exchange (ETDEWEB)

    Hogan, W.W.

    1979-10-01

    The interplay between capital and energy will affect the outcome of energy-policy initiatives. A static model clarifies the interpretation of the conflicting empirical evidence on the nature of this interplay. This resolves an apparent conflict between engineering and economc interpretations and points to an additional ambiguity that can be resolved by distinguishing between policy issues at aggregated and disaggregated levels. Restrictions on aggregate energy use should induce reductions in the demand for capital and exacerbate the economic impacts of the energy policy. 32 references.

  3. Establishment of Passive Energy Conservation Measure and Economic Evaluation of Fenestration System in Nonresidential Building of Korea

    Directory of Open Access Journals (Sweden)

    Bo-Eun Choi

    2017-01-01

    Full Text Available ECO2 (building energy efficiency rating program and passive energy conservation measures (ECMs were established as a basic study for targeted methodologies and decision support systems development in Korea to meet national regulations. The primary energy consumption and economic evaluation of nonresidential buildings was performed. Passive ECMs were classified as planning and performance elements. The planning elements are the window-to-wall ratio (WWR and horizontal shading angle. The performance elements are the thermal transmittance (U-value of the walls, roof, and floor and the U-value and solar heat gain coefficient (SHGC of windows. This study focused on the window-to-wall ratio and the U-value and solar heat gain coefficient of windows. An economic efficiency database for the constructed alternatives was built; the target building was set and the Passive ECM List for the target building was derived. The energy consumption evaluation and economic evaluation were performed for each of the constructed alternatives, and a methodology for guiding energy efficiency decisions was proposed based on the performance evaluation results, and the optimal Passive ECM List for the target building was derived.

  4. Energy use for economic growth: A trivariate analysis from Tunisian agriculture sector

    International Nuclear Information System (INIS)

    Sebri, Maamar; Abid, Mehdi

    2012-01-01

    Following the importance of energy in the agrarian economies, the investigation of the causal relationship between energy consumption in agriculture sector and economic growth has a fundamental role in implementing suitable policies. This paper examines the causal relationship between energy consumption and agricultural value added, controlling for trade openness, in Tunisia from 1980 to 2007. The relationship is investigated at aggregated as well as disaggregated components of energy consumption, including oil and electricity. Using Granger's technique, it is shown that various results are obtained regarding the direction of causality between competing variables. Nevertheless, the most common finding suggest that trade openness and both aggregated and disaggregated energy consumption Granger causes agricultural value added. Therefore, the energy-led growth and trade-led growth hypotheses are supported in the Tunisian agriculture sector. An important policy implication resulting from this study is that energy can be considered as a limiting factor to agriculture value added and, therefore, shocks to energy supply would have a negative impact onto agriculture performance. Furthermore, trade liberalization seems to be a stimulus factor to the Tunisian agriculture development. - Highlights: ► We study the energy consumption-economic growth nexus of Tunisian agriculture sector. ► We use Johansen's cointegration approach and Granger causality. ► Energy consumption can be considered as limiting factor to agricultural performance. ► Electrical energy will represent an important input to agricultural production growth.

  5. Energy and economic growth: Grounding our understanding in physical reality

    International Nuclear Information System (INIS)

    Ockwell, David G.

    2008-01-01

    This article attempts to summarise the complex, wide ranging and unresolved debate within the economics literature on the possibility of decoupling economic growth from energy use. It explores the difference between neo-classical and ecological economic worldviews and highlights how the ecological economic approach attempts to ground its analysis within the physical limits implied by the laws of thermodynamics. Once these laws are accounted for, the possibility of decoupling economic growth from energy use seems more limited than neo-classical economics implies. Analysis of empirical evidence also demonstrates that observed improvements in GDP/energy use ratios in the USA are better explained by shifts towards higher quality fuels than by improvements in the energy efficiency of technologies. This implies a need to focus on decarbonising energy supply. Furthermore, where energy-efficiency improvements are attempted, they must be considered within the context of a possible rebound effect, which implies that net economy-wide energy savings from energy-efficiency improvements may not be as large as the energy saved directly from the efficiency improvement itself. Both decarbonising energy supply and improving energy efficiency require the rapid development and deployment of new and existing low-carbon technologies. This review therefore concludes by briefly outlining areas of economic thought that have emerged as a result of engagement between economists and experts from other disciplines. They include ecological, evolutionary and institutional economics, all of which can make policy-relevant contributions to achieving a transition to a low-carbon economy

  6. International symposium on energy, environment and economics: Transactions

    International Nuclear Information System (INIS)

    Colville, E.J.

    1995-01-01

    The conference deals with a comprehensive range of topics on energy sources and technologies, the economic impacts of energy use and production, and environmental issues. The papers are grouped into chapters covering environmental policy, environment education, environment economics, new and renewable energy sources, utilities, electricity and planning software, domestic energy, commercial energy, heat pumps and cogeneration, and transport. A number of un-presented papers and abstracts of contributions are included. Relevant papers are individually indexed/abstracted. Tabs. figs., refs

  7. Incorporating Non-energy Benefits into Energy Savings Performance Contracts

    Energy Technology Data Exchange (ETDEWEB)

    Larsen, Peter; Goldman, Charles; Gilligan, Donald; Singer, Terry

    2012-06-01

    This paper evaluates the issue of non-energy benefits within the context of the U.S. energy services company (ESCO) industry?a growing industry comprised of companies that provide energy savings and other benefits to customers through the use of performance-based contracting. Recent analysis has found that ESCO projects in the public/institutional sector, especially at K-12 schools, are using performance-based contracting, at the behest of the customers, to partially -- but not fully -- offset substantial accumulated deferred maintenance needs (e.g., asbestos removal, wiring) and measures that have very long paybacks (roof replacement). This trend is affecting the traditional economic measures policymakers use to evaluate success on a benefit to cost basis. Moreover, the value of non-energy benefits which can offset some or all of the cost of the non-energy measures -- including operations and maintenance (O&M) savings, avoided capital costs, and tradable pollution emissions allowances-- are not always incorporated into a formal cost-effectiveness analysis of ESCO projects. Nonenergy benefits are clearly important to customers, but state and federal laws that govern the acceptance of these types of benefits for ESCO projects vary widely (i.e., 0-100percent of allowable savings can come from one or more non-energy categories). Clear and consistent guidance on what types of savings are recognized in Energy Savings agreements under performance contracts is necessary, particularly where customers are searching for deep energy efficiency gains in the building sector.

  8. Solar energy`s economic and social benefits

    Energy Technology Data Exchange (ETDEWEB)

    Scheer, H. [Bundeshaus, Bonn (Germany)

    1995-08-01

    There are numerous indications that solar energy is far more than a mere stopgap measure to escape from the present environmental crisis. These include the natural as well as the developed, and still developing, technological potential of solar energy; the vast opportunities offered by abandoning destructive energy sources; and, not least, the new industrial perspectives arising from the conversion of our energy system. In addition to the environmental benefits, solar energy will bring about major economic and social gains. The creation of a solar energy system offers an unexpected and unique chance to release industrial society from the harmful consequences of the Industrial Revolution and to make available its positive accomplishments - particularly the social, democratic and cultural opportunities made possible by freeing mankind from slave labour - to all of mankind. Destruction of the environment is the greatest danger for industrialized societies pursuing economic growth, but it is not the only one. The Western high culture of welfare states is evidently a thing of the past. Created by the pressure of social movements that emerged in the Industrial Revolution, they stabilized capitalism by making it more responsive to the social needs in its strongholds. But both old and new contradictions, as well as the growth of welfare costs, lead to the conclusion that the future of the industrial system is increasingly seen only in terms of jettisoning its social obligations. Political democracy will then once more be in danger. Modern history is unable to provide an example of a stable democracy based on permanent mass misery

  9. Nuclear energy as an instrument of economic policy

    International Nuclear Information System (INIS)

    Thiriet, L.

    1984-01-01

    This chapter is a review of how nuclear power can help achieve energy policy objectives, illustrated with examples based on experience in France. It is preceded by a preliminary consideration of the global economic background for the development of nuclear power today. Headings are: introduction; world-wide economic environment; nuclear energy and inflation; nuclear energy and external constraints; nuclear energy, foreign currency and employment in the French context. (U.K.)

  10. Design of a novel geothermal heating and cooling system: Energy and economic analysis

    International Nuclear Information System (INIS)

    Angrisani, G.; Diglio, G.; Sasso, M.; Calise, F.; Dentice d’Accadia, M.

    2016-01-01

    Highlights: • A desiccant-based air handling unit is coupled with a geothermal source. • A TRNSYS model is developed to simulate both winter and summer period. • Sensitivity analysis is carried out in order to evaluate the effects of the design parameters. • Pay back period about 1.2 years and Primary Energy Savings higher than 90% were founded. • Economic and energetic performance increase with to the use of Domestic Hot Water. - Abstract: A dynamic simulation study in TRNSYS environment has been carried out to evaluate energy and economic performance of a novel heating and cooling system based on the coupling between a low or medium-enthalpy geothermal source and an Air Handling Unit, including a Desiccant Wheel. During summer season, a Downhole Heat Exchanger supplies heat to regenerate the desiccant material, while a certain amount of geothermal fluid is continuously extracted by the well in order to maintain high operating temperatures. Simultaneously, the extracted geothermal fluid drives an absorption chiller, producing chilled water to the cooling coil of the Air Handling Unit. Conversely, during the winter season, geothermal energy is used to cover a certain amount of the space heating demand. In both summer and winter operation modes, a geothermal energy is also used to supply Domestic Hot Water. A case study was analyzed, in which an existing low-enthalpy geothermal well (96 °C), located in Ischia (an island close to Naples, Southern Italy), is used to drive the geothermal system. Results showed that the performance of the proposed system is significantly affected by the utilization factor of Domestic Hot Water. In fact, considering a range of variation of such parameter between 5% and 100%, Primary Energy Saving increase from 77% to 95% and Pay-Back Period decreases from 14 years to 1.2 years, respectively. The simulations proved the technical and economic viability of the proposed system. In fact, a comparison with similar systems available

  11. Comparative analysis of performance and techno-economics for a H{sub 2}O-NH{sub 3}-H{sub 2} absorption refrigerator driven by different energy sources

    Energy Technology Data Exchange (ETDEWEB)

    Abdullah, Mohammad Omar; Hieng, Tang Chung [Department of Chemical Engineering and Energy Sustainability, 94300 Kota Samarahan, Sarawak, East Malaysia (Malaysia)

    2010-05-15

    The objectives of the present work are of two-folds. First, it evaluates the transient temperature performance of the H{sub 2}O-NH{sub 3}-H{sub 2} absorption cooling machine system's components under two types of energy sources, i.e. the conventional electric energy from grid (electric) and fuel energy from liquid petroleum gas (LPG). Results obtained have shown that performance of various components under different type of energy sources is almost coherent. For the evaporator, the system with electric supply has shorter starting time, around 6 min earlier than the system run with LPG. Meanwhile, the system powered by LPG produced a lower cooling temperature around -9 C, compared to the system run with electric which produced temperature at around -7 C. Economical study had been carried out subsequently, for three different energy sources, i.e. electric, LPG and solar energy (photovoltaic). From the techno-economical analyzes, it was found that the conventional electric from grid is still the best form of energy source for short-term application, as far as the present location and conditions are concerned. LPG is the next attractive energy source, especially at locations with constant LPG supply; the photovoltaic energy from solar is attractive for long term consideration since it has zero fuel cost and environmentally-friendly, but with the highest initial cost. (author)

  12. Employment, energy, and economic growth in Australia

    Energy Technology Data Exchange (ETDEWEB)

    Andrews, J

    1979-09-01

    The author examines the complex relationships between energy use, employment opportunities, and economic growth as they apply to the Australian economy and concludes that state and federal governments should collaborate to analyze the employment impacts of the various energy strategies. He sees the need for changes in the political and economic environment as well as in the way energy is used before Australia can return to full employment. While low or zero energy growth policies would not, by themselves, solve the unemployment problem, most new jobs have been created in the labor-intensive service industries. 25 references. (DCK)

  13. Future trends in electrical energy generation economics in the United States

    Science.gov (United States)

    Schmitt, R. W.; Fox, G. R.; Shah, R. P.; Stewart, P. J.; Vermilyea, D. A.

    1977-01-01

    Developments related to the economics of coal-fired systems in the U.S. are mainly considered. The historical background of the U.S. electric generation industry is examined and the U.S. electrical generation characteristics in the year 1975 are considered. It is pointed out that coal-fired power plants are presently the largest source of electrical energy generation in the U.S. Questions concerning the availability and quality of coal are investigated. Currently there are plans for converting some 50 large oil and gas-fired generating plants to coal, and it is expected that coal will be the fuel used in almost all fossil-fired base load additions to generating capacity. Aspects of advanced energy conversion from coal are discussed, taking into account the performance and economic potential of the energy conversion systems.

  14. Science and society test VI: Energy economics

    Science.gov (United States)

    Hafemeister, David W.

    1982-01-01

    Simple numerical estimates are developed in order to quantify a variety of energy economics issues. The Verhulst equation, which considers the effect of finite resources on petroleum production, is modified to take into account supply and demand economics. Numerical and analytical solutions to these differential equations are presented in terms of supply and demand elasticity functions, various finite resources, and the rate of increase in fuel costs. The indirect cost per barrel of imported oil from OPEC is shown to be about the same as the direct cost. These effects, as well as those of discounted benefits and deregulation, are used in a calculation of payback periods for various energy conserving devices. A phenomenological model for market penetration is developed along with the factors for future energy growth rates. A brief analysis of the economic returns of the ''house doctor'' program to reprofit houses for energy conservation is presented.

  15. Economic analysis of nuclear energy

    International Nuclear Information System (INIS)

    Lee, Man Ki; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Song, K. D.; Oh, K. B.

    2004-12-01

    This study evaluated the role of nuclear energy in various aspects in order to provide a more comprehensive standard of judgement to the justification of the utilization of nuclear energy. Firstly, this study evaluated the economic value addition of nuclear power generation technology and Radio-Isotope(RI) technology quantitatively by using modified Input-Output table. Secondly, a comprehensive cost-benefit analysis of nuclear power generation was conducted with an effort to quantify the foreign exchange expenditure, the environmental damage cost during 1986-2015 for each scenario. Thirdly, the effect of the regulation of CO 2 emission on the Korean electric supply system was investigated. In more detail, an optimal composition of power plant mix by energy source was investigated, under the assumption of the CO 2 emission regulation at a certain level, by using MESSAGE model. Finally, the economic spillover effect from technology self-reliance of NSSS by Korea Atomic Energy Research Institute was evaluated. Both production spillover effect and value addition spillover effect were estimated by using Input-Output table

  16. Economic and environmental performance of future fusion plants in comparison

    International Nuclear Information System (INIS)

    Hamacher, T.; Saez, R.M.; Lako, P.

    2001-01-01

    If the good performance of fusion as technology with no CO 2 emission during normal operation and rather low external costs, reflecting the advantageous environmental and safety characteristics, are considered in future energy regulations, fusion can win considerable market shares in future electricity markets. The economic performance was elaborated for Western Europe for the time period till 2100. The software tool MARKAL widely used in energy research was used to simulate and optimise the development of the Western European energy system. Two different scenarios were considered, the main difference was the interest rate for investments. Stringent CO 2 -emission strategies lead to considerable market shares for fusion. As a comprehensive indicator of the environmental and safety performance of fusion plants the external costs following the ExternE method was used. External costs of fusion are rather low, much below the cost of electricity, and are in the same range as photovoltaics and wind energy. (author)

  17. Forecasting oilfield economic performance

    International Nuclear Information System (INIS)

    Bradley, M.E.; Wood, A.R.O.

    1994-01-01

    This paper presents a general method for forecasting oilfield economic performance that integrates cost data with operational, reservoir, and financial information. Practices are developed for determining economic limits for an oil field and its components. The economic limits of marginal wells and the role of underground competition receive special attention. Also examined is the influence of oil prices on operating costs. Examples illustrate application of these concepts. Categorization of costs for historical tracking and projections is recommended

  18. Environmental and Economic Performance: Ecoinnovation Practices in Biodigesters of Cassava Processing Companies

    Directory of Open Access Journals (Sweden)

    Alexandre Rodrigues da Silva

    2016-12-01

    Full Text Available Biomass, considered one of the main sources of alternative energy, originates from residual organic material such as the cassava crop. Biodigesters are capable of transforming these residuals into biogas and biofertilizers. This allows a reduction of almost 80% in the residual organic material being deposited in the earth or rivers, avoiding deposits accumulating on riverbeds and negative environmental impacts. It also allows substantial savings in terms of energy. The general aim of this study is to investigate, with the implementation of biodigesters, how eco-innovation practices contribute to the economic and environmental performance of cassava processing companies in Paraná State. Through qualitative research, the method employed an exploratory approach and intensive multiple-case analyses, with data collected through semi-structured interviews. The study showed that the eco-innovation practices that were adopted aided the economic and environmental performance of the companies in question. The study contributes to academia with scientific research on biodigester technology using the residual organic material of cassava for sustainable development. It also contributes to the corporate universe by demonstrating an opportunity for sustainable innovation with improved economic and environmental performance, which can be extrapolated to other industrial segments.

  19. Challenges when performing economic optimization of waste treatment: A review

    International Nuclear Information System (INIS)

    Juul, N.; Münster, M.; Ravn, H.; Söderman, M. Ljunggren

    2013-01-01

    Highlights: • Review of main optimization tools in the field of waste management. • Different optimization methods are applied. • Different fractions are analyzed. • There is focus on different parameters in different geographical regions. • More research is needed which encompasses both recycling and energy solutions. - Abstract: Strategic and operational decisions in waste management, in particular with respect to investments in new treatment facilities, are needed due to a number of factors, including continuously increasing amounts of waste, political demands for efficient utilization of waste resources, and the decommissioning of existing waste treatment facilities. Optimization models can assist in ensuring that these investment strategies are economically feasible. Various economic optimization models for waste treatment have been developed which focus on different parameters. Models focusing on transport are one example, but models focusing on energy production have also been developed, as well as models which take into account a plant’s economies of scale, environmental impact, material recovery and social costs. Finally, models combining different criteria for the selection of waste treatment methods in multi-criteria analysis have been developed. A thorough updated review of the existing models is presented, and the main challenges and crucial parameters that need to be taken into account when assessing the economic performance of waste treatment alternatives are identified. The review article will assist both policy-makers and model-developers involved in assessing the economic performance of waste treatment alternatives

  20. Challenges when performing economic optimization of waste treatment: A review

    Energy Technology Data Exchange (ETDEWEB)

    Juul, N., E-mail: njua@dtu.dk [DTU Management, Risø Campus, Technical University of Denmark (Denmark); Münster, M., E-mail: maem@dtu.dk [DTU Management, Risø Campus, Technical University of Denmark (Denmark); Ravn, H., E-mail: hans.ravn@aeblevangen.dk [RAM-løse edb, Æblevangen 55, 2765 Smørum (Denmark); Söderman, M. Ljunggren, E-mail: maria.ljunggren@chalmers.se [Energy and Environment, Chalmers University of Technology, Gothenburg (Sweden); IVL Swedish Environmental Research Institute, Gothenburg (Sweden)

    2013-09-15

    Highlights: • Review of main optimization tools in the field of waste management. • Different optimization methods are applied. • Different fractions are analyzed. • There is focus on different parameters in different geographical regions. • More research is needed which encompasses both recycling and energy solutions. - Abstract: Strategic and operational decisions in waste management, in particular with respect to investments in new treatment facilities, are needed due to a number of factors, including continuously increasing amounts of waste, political demands for efficient utilization of waste resources, and the decommissioning of existing waste treatment facilities. Optimization models can assist in ensuring that these investment strategies are economically feasible. Various economic optimization models for waste treatment have been developed which focus on different parameters. Models focusing on transport are one example, but models focusing on energy production have also been developed, as well as models which take into account a plant’s economies of scale, environmental impact, material recovery and social costs. Finally, models combining different criteria for the selection of waste treatment methods in multi-criteria analysis have been developed. A thorough updated review of the existing models is presented, and the main challenges and crucial parameters that need to be taken into account when assessing the economic performance of waste treatment alternatives are identified. The review article will assist both policy-makers and model-developers involved in assessing the economic performance of waste treatment alternatives.

  1. The use of economic forecasts in Danish economic policy, with special emphasis on energy and the environment

    International Nuclear Information System (INIS)

    Nielsen, Lise

    1998-01-01

    This article discusses the use of economic forecasts in Danish economic policy, with special emphasis on energy and the environment. Two different approaches have been used to forecast energy consumption and its effects on environment in Denmark and other countries. These are the macro economic and the technical approaches. The technical approach is based on technical expertise related to energy production and energy consumption, and the article asks whether the forecasts produced by this approach are superior to macro economic forecasts of energy consumption. This question is interesting because the implications for policy resulting from the two approaches seem to be different. The analysis may have relevance to other areas outside the main economic field. (au) 22 refs

  2. Economic Analysis of Nuclear Energy

    International Nuclear Information System (INIS)

    Lee, Man Ki; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Song, K. D.; Lee, H. M.; Oh, K. B.

    2003-12-01

    This study consists of various issues as follows; electricity price regulation in the liberalized electricity market, establishment of carbon emission limit in national electricity sector, the role of nuclear power as an future energy supply option, the future prospect of CO2 capture and sequestration and current research status of that area in Korea, and Preliminary economic feasibility study of MIP(Medical Isotopes Producer). In the price regulation in the liberalized electricity market, the characteristic of liberalized electricity market in terms of regulation was discussed. The current status and future projection of GHG emission in Korean electricity sector was also investigated. After that, how to set the GHG emission limit in the national electricity sector was discussed. The characteristic of nuclear technology and the research in progress were summarized with the suggestion of the possible new application of nuclear power. The current status and future prospect of the CO2 capture and sequestration research was introduced and current research status of that area in Korea was investigated. Preliminary economic feasibility study of MIP(Medical Isotopes Producer), using liquid nuclear fuel to produce medical isotopes of Mo-99 and Sr-89, was performed

  3. Energy consumption, political regime and economic growth in sub-Saharan Africa

    International Nuclear Information System (INIS)

    Adams, Samuel; Klobodu, Edem Kwame Mensah; Opoku, Eric Evans Osei

    2016-01-01

    In this paper, we examine the relationship between energy consumption and economic growth, and how democracy moderates this relationship using panel data of 16 sub-Saharan African (SSA) countries for the period 1971–2013. Employing a panel vector autoregressive model (PVAR) in a generalized method of moments (GMM) framework, the findings support the feedback hypothesis for energy consumption and growth. Second, the interaction variable (energy consumption and democracy) is positively and significantly related to economic growth, supporting the view that democracy moderates the energy consumption and growth nexus. Further, the results provide strong evidence of a uni-directional relationship from trade openness to energy consumption. Additionally, impulse responses and variance decompositions also confirm positive feedback relationships between energy consumption and economic growth, energy prices and economic growth. - Highlights: •Feedback exists between energy consumption and economic growth. •Democracy moderates the energy consumption and growth nexus. •positive feedback between energy prices and economic growth. •Uni-directional relationship from openness to energy consumption.

  4. Energy Efficiency and Conservation Block Grant (EECBG) - Better Buildings Neighborhood Program at Greater Cincinnati Energy Alliance: Home Performance with Energy Star® and Better Buildings Performance

    Energy Technology Data Exchange (ETDEWEB)

    Holzhauser, Andy; Jones, Chris; Faust, Jeremy; Meyer, Chris; Van Divender, Lisa

    2013-12-30

    The Greater Cincinnati Energy Alliance (Energy Alliance) is a nonprofit economic development agency dedicated to helping Greater Cincinnati and Northern Kentucky communities reduce energy consumption. The Energy Alliance has launched programs to educate homeowners, commercial property owners, and nonprofit organizations about energy efficiency opportunities they can use to drive energy use reductions and financial savings, while extending significant focus to creating/retaining jobs through these programs. The mission of the Energy Alliance is based on the premise that investment in energy efficiency can lead to transformative economic development in a region. With support from seven municipalities, the Energy Alliance began operation in early 2010 and has been among the fastest growing nonprofit organizations in the Greater Cincinnati/Northern Kentucky area. The Energy Alliance offers two programs endorsed by the Department of Energy: the Home Performance with ENERGY STAR® Program for homeowners and the Better Buildings Performance Program for commercial entities. Both programs couple expert guidance, project management, and education in energy efficiency best practices with incentives and innovative energy efficiency financing to help building owners effectively invest in the energy efficiency, comfort, health, longevity, and environmental impact of their residential or commercial buildings. The Energy Alliance has raised over $23 million of public and private capital to build a robust market for energy efficiency investment. Of the $23 million, $17 million was a direct grant from the Department of Energy Better Buildings Neighborhood Program (BBNP). The organization’s investments in energy efficiency projects in the residential and commercial sector have led to well over $50 million in direct economic activity and created over 375,000 hours of labor created or retained. In addition, over 250 workers have been trained through the Building Performance Training

  5. Energy consumption and economic growth on the focus on nuclear energy

    Energy Technology Data Exchange (ETDEWEB)

    Ozkan, Filiz [Sakarya Univ., Sakarya (Turkey). Dept. of Financial Econometric; Pektas, Ali Osman [Bahcesehir Univ., Istanbul (Turkey). Dept. of Civil Engineering; Ozkan, Omer [Istanbul Medeniyet Univ. (Turkey). Dept. of Civil Engineering

    2017-01-15

    Since the quest for global and personal prosperity, the drive to eradicate poverty and the motivation to ensure sustainability for the world are collectively dependent on a supply of safe, emissions-free power there are many studies in literature focuses on the relationship between economic growth and energy consumption. This study tries to enlarge the dimensions of these researches by using a large dataset. The second aim of this study is to focus on Nuclear energy consumption. According to the empirical results of the study, Energy consumption is found as co-integrated with the GDP in all 55 countries. There exist bidirectional causality between nuclear, renewable energy consumption and the GDP. Additionally, the unidirectional causality extends from economic growth to hydroelectric, petroleum, coal and total energy consumption.

  6. Energy consumption and economic growth on the focus on nuclear energy

    International Nuclear Information System (INIS)

    Ozkan, Filiz; Pektas, Ali Osman; Ozkan, Omer

    2017-01-01

    Since the quest for global and personal prosperity, the drive to eradicate poverty and the motivation to ensure sustainability for the world are collectively dependent on a supply of safe, emissions-free power there are many studies in literature focuses on the relationship between economic growth and energy consumption. This study tries to enlarge the dimensions of these researches by using a large dataset. The second aim of this study is to focus on Nuclear energy consumption. According to the empirical results of the study, Energy consumption is found as co-integrated with the GDP in all 55 countries. There exist bidirectional causality between nuclear, renewable energy consumption and the GDP. Additionally, the unidirectional causality extends from economic growth to hydroelectric, petroleum, coal and total energy consumption.

  7. Symposium on Pacific Energy Cooperation '99. Changing economic environment and energy cooperation in Asia

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-02-16

    Compiled in this publication are the papers delivered at the above conference held in Tokyo on February 16-17, 1999. Presented in Session 1, entitled 'economic reforms and energy situation in Asian countries,' are the causes and lessons of economic and financial crisis in the Asian countries and the prospect of restoration; the outlook of energy supply and demand in the Asia Pacific region; and a message from APEC (Asia-Pacific Economic Cooperation Conference) Okinawa Energy Ministers' Meeting. Discussed in Session 2, entitled 'energy security in the Asia Pacific region,' are the outlook for world oil prices; and the stable supply of oil and gas in the Asia Pacific region. Discussed in Session 3, entitled the 'deregulation of the energy sector in the Asia Pacific region,' are the deregulation of the power sector, progress and problems; and the privatization of the oil and gas sectors. Many papers are presented also in Session 4, entitled the 'energy and environment in the Asia Pacific region, and in Session 5 entitled 'pacific energy cooperation in the changing economic and energy environment.' (NEDO)

  8. 26 CFR 1.461-4 - Economic performance.

    Science.gov (United States)

    2010-04-01

    ...) In general. The principles of this paragraph (d) determine when economic performance occurs with... 26 Internal Revenue 6 2010-04-01 2010-04-01 false Economic performance. 1.461-4 Section 1.461-4...) INCOME TAXES Taxable Year for Which Deductions Taken § 1.461-4 Economic performance. (a) Introduction—(1...

  9. Environmental and Economic Performance of Commercial-scale Solar Photovoltaic Systems: A Field Study of Complex Energy Systems at the Desert Research Institute (DRI)

    Science.gov (United States)

    Liu, X.

    2014-12-01

    Solar photovoltaic (PV) systems are being aggressively deployed at residential, commercial, and utility scales to complement power generation from conventional sources. This is motivated both by the desire to reduce carbon footprints and by policy-driven financial incentives. Although several life cycle analyses (LCA) have investigated environmental impacts and energy payback times of solar PV systems, most results are based on hypothetical systems rather than actual, deployed systems that can provide measured performance data. Over the past five years, Desert Research Institute (DRI) in Nevada has installed eight solar PV systems of scales from 3 to 1000 kW, the sum of which supply approximately 40% of the total power use at DRI's Reno and Las Vegas campuses. The goal of this work is to explore greenhouse gas (GHG) impacts and examine the economic performance of DRI's PV systems by developing and applying a comprehensive LCA and techno-economic (TEA) model. This model is built using data appropriate for each type of panel used in the DRI systems. Power output is modeled using the National Renewable Energy Laboratory (NREL) model PVWatts. The performance of PVWatts is verified by the actual measurements from DRI's PV systems. Several environmental and economic metrics are quantified for the DRI systems, including life cycle GHG emissions and energy return. GHG results are compared with Nevada grid-based electricity. Initial results indicate that DRI's solar-derived electricity offers clear GHG benefits compared to conventional grid electricity. DRI's eight systems have GHG intensity values of 29-56 gCO2e/kWh, as compared to the GHG intensity of 212 gCO2e/kWh of national average grid power. The major source of impacts (82-92% of the total) is the upstream life cycle burden of manufacturing PV panels, which are made of either mono-crystalline or multi-crystalline silicon. Given the same type of PV panel, GHG intensity decreases as the scale of the system increases

  10. Performance assessment of hybrid power generation systems: Economic and environmental impacts

    International Nuclear Information System (INIS)

    Al-Sharafi, Abdullah; Yilbas, Bekir S.; Sahin, Ahmet Z.; Ayar, T.

    2017-01-01

    Highlights: • A double-step optimization tool for hybrid power generation systems is introduced. • Economical aspects and the impact of the system on the environment are considered. • A hybrid system comprises PV array-wind turbine-battery-diesel engine is considered. • Real time analysis of the system for full year simulation is carried out. • System optimum configuration at point where total performance index is maximized. - Abstract: This article aims to introduce a double-step performance assessment tool for the hybrid power generation systems. As a case study, a hybrid system comprising PV array, wind-turbine, battery bank and diesel engine is incorporated in hourly based simulations to meet power demand of a residence unit at Dhahran area, Kingdom of Saudi Arabia. Different indicators related to economical and environmental performance assessments of the hybrid system have been considered. In the economic related assessment case, cost of electricity, energy excess percentage, and operating life cycle indicators have been considered and combined to develop the first overall performance index. Renewable contribution, renewable source availability and environmental impact indicators have been considered for the environmental assessment case and they are combined in the second performance index. For either economical or environmental cases, the optimum configuration of the system is achieved by maximizing the first and second overall performance indicators. This innovative optimization tools gives the designer the freedom to assign suitable weights associated with economical aspect, environmental impact, governmental regulations and social impact, for the first and second overall performance indicators, and combine them in the total performance index. The optimum system configuration is at the point where the total performance index is maximized.

  11. On the economic attractiveness of renewable energy technologies

    International Nuclear Information System (INIS)

    Jaegemann, Cosima

    2014-01-01

    The competitiveness of wind and solar power technologies is often evaluated in public debates by comparing levelized costs of electricity. This is, however, incorrect, as doing so neglects the economic value of technologies. Similarly, renewable energy support schemes are often designed to incentivize investors to only account for the marginal economic costs (MEC) but not for the marginal economic value (MEV el ) of renewable energy technologies, i.e., the revenue from selling electricity on the wholesale market during the unit's technical lifetime. In this paper, it is shown that the net marginal economic costs per kWh (NMEC) - defined as the difference between the MEC and the MEV el per kWh - should serve as the reference when discussing the economic attractiveness of renewable energy technologies. Moreover, renewable energy support schemes should incentivize investments in technologies and regions with the lowest net marginal economic costs per kWh (NMEC), as otherwise excess costs occur. This is demonstrated using the example of Germany and its technology- and region-specific wind and solar power targets for 2020. By applying a linear electricity system optimization model, Germany's technology- and region-specific wind and solar power targets for 2020 are found to cause excess costs of more than 6.6 bn Euro 2010 . These are driven by comparatively high NMEC (low economic attractiveness) of offshore wind and solar power in comparison to onshore wind power in Germany up to 2020.

  12. Economic costs and benefits of the renewable energy sources

    International Nuclear Information System (INIS)

    De Leo, G. A.

    2001-01-01

    In this work it has been analysed the potential diffusion of renewable energy sources and co-generation in the Italian market on the basis of the level of maturation of the different technologies, predicted market growth and environmental impacts associated to them. A sensitivity analysis on external costs generated by global climate changes has allowed everybody to assess how possible errors in estimating the potential impact of greenhouse gasses can affect the estimate of the economic performances of different scenarios of energetic development. On the basis of these considerations, it can be outlined a potential doubling of energy production by renewable energies in the next 10 years, with specific reference of small hydroelectric, biogass and eolic power plants [it

  13. Measurement of energy efficiency based on economic foundations

    International Nuclear Information System (INIS)

    Filippini, Massimo; Hunt, Lester C.

    2015-01-01

    Energy efficiency policy is seen as a very important activity by almost all policy makers. In practical energy policy analysis, the typical indicator used as a proxy for energy efficiency is energy intensity. However, this simple indicator is not necessarily an accurate measure given changes in energy intensity are a function of changes in several factors as well as ‘true’ energy efficiency; hence, it is difficult to make conclusions for energy policy based upon simple energy intensity measures. Related to this, some published academic papers over the last few years have attempted to use empirical methods to measure the efficient use of energy based on the economic theory of production. However, these studies do not generally provide a systematic discussion of the theoretical basis nor the possible parametric empirical approaches that are available for estimating the level of energy efficiency. The objective of this paper, therefore, is to sketch out and explain from an economic perspective the theoretical framework as well as the empirical methods for measuring the level of energy efficiency. Additionally, in the second part of the paper, some of the empirical studies that have attempted to measure energy efficiency using such an economics approach are summarized and discussed.

  14. Performance profiles of major energy producers, 1997

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-01-01

    The energy industry generally and petroleum and natural gas operations in particular are frequently reacting to a variety of unsettling forces. Falling oil prices, economic upswings, currency devaluations, increasingly rigorous environmental quality standards, deregulation of electricity markets, and continued advances in exploration and production technology were among the challenges and opportunities to the industry in 1997. To analyze the extent to which these and other developments have affected energy industry financial and operating performance, strategies, and industry structure, the Energy Information Administration (EIA) maintains the Financial Reporting Systems (FRS). Through Form EIA-28, major US energy companies annually report to the FRS. Financial and operating information is reported by major lines of business, including oil and gas production (upstream), petroleum refining and marketing (downstream), other energy operations, and nonenergy business. Performance Profiles of Major Producers 1997 examines the interplays of energy markets, companies` strategies, and government policies (in 1997 and in historical context) that gave rise to the results given here. The report also analyzes other key aspects of energy company financial performance as seen through the multifaceted lens provided by the FRS data and complementary data for industry overall. 41 figs., 77 tabs.

  15. Evaluation of energy economics of solar resorts on the Red Sea in Egypt

    Energy Technology Data Exchange (ETDEWEB)

    Modet, Georgei

    2011-10-28

    This thesis investigates the energy performance of resorts in Egypt. The expansive tourism development results in higher demands of energy whilst increasing the burden on the country's economy. The objective is to evaluate solar resorts versus the conventional design in terms of energy, economic and environmental performances. An energy audit is conducted among five stars resorts in Sharm el Sheikh. A self developed evaluation model using environmental life cycle costing is used to evaluate the conventional resort versus the solar resort concept. The thesis concludes with the discussion of the results and recommendations for encouraging the use of renewable energy in the hotel sector in Egypt.

  16. Energy consumption and economic development after the energy price increases of 1973

    International Nuclear Information System (INIS)

    Danielewski, J.

    1993-01-01

    The interdependence between energy consumption and economic development are highlighted in this research, which focuses on energy price rises between 1973 and 1989. Three groups of countries are identified, developing and developed market economies and centrally planned economies. Two areas of interdependence are examined, firstly the dynamic relationship between primary energy consumption growth and real economic growth and secondly the static relationship between primary energy consumption and national income. In the period under review, developing market economies reacted most strongly to higher energy prices, with lower energy consumption while maintaining real growth in the Gross Domestic Product. However developing countries and centrally planned economies increased their energy consumption per unit of national income although the rate of increase slowed after 1975. (UK)

  17. Economic performances optimization of the transcritical Rankine cycle systems in geothermal application

    International Nuclear Information System (INIS)

    Yang, Min-Hsiung; Yeh, Rong-Hua

    2015-01-01

    Highlights: • The optimal economic performance of the TRC system are investigated. • In economic evaluations, R125 performs the most satisfactorily, followed by R41 and CO 2 . • The TRC system with CO 2 has the largest averaged temperature difference. • Economic optimized pressures are always lower than thermodynamic optimized operating pressures. - Abstract: The aim of this study is to investigate the economic optimization of a TRC system for the application of geothermal energy. An economic parameter of net power output index, which is the ratio of net power output to the total cost, is applied to optimize the TRC system using CO 2 , R41 and R125 as working fluids. The maximum net power output index and the corresponding optimal operating pressures are obtained and evaluated for the TRC system. Furthermore, the analyses of the corresponding averaged temperature differences in the heat exchangers on the optimal economic performances of the TRC system are carried out. The effects of geothermal temperatures on the thermodynamic and economic optimizations are also revealed. In both optimal economic and thermodynamic evaluations, R125 performs the most satisfactorily, followed by R41 and CO 2 in the TRC system. In addition, the TRC system operated with CO 2 has the largest averaged temperature difference in the heat exchangers and thus has potential in future application for lower-temperature heat resources. The highest working pressures obtained from economic optimization are always lower than those from thermodynamic optimization for CO 2 , R41, and R125 in the TRC system

  18. Energy efficiency, sustainability and economic growth

    International Nuclear Information System (INIS)

    Ayres, Robert U.; Turton, Hal; Casten, Tom

    2007-01-01

    This paper explores two linked theses related to the role energy in economic development, and potential sources of increased energy efficiency for continued growth with reduced greenhouse gas (GHG) emissions. The first thesis is that, while reduced GHG emissions are essential for long-term global sustainability, the usual policy recommendation of increasing energy costs by introducing a carbon tax may be relatively ineffective under current market structures and have an unnecessarily adverse impact on economic growth. Our second thesis is that there exists a practical near-term strategy for reducing GHG emissions while simultaneously encouraging continued technology-driven economic growth. Moreover, this strategy does not require radical new technologies, but rather improved regulation or-more precisely-better deregulation of the electric power sector. In respect to the first of our two theses, this paper addresses a deficiency in neoclassical economic growth theory, in which growth is assumed to be automatic, inevitable and cost-free. We challenge both the assumption that growth will continue in the future at essentially the same rate ('the trend') as it has in the past, and the corollary that our children's children will inevitably be richer and better able to afford the cost of repairing the environmental damages caused by current generations [Simon et al., The state of humanity. Cambridge MA: Blackwell Publishers Ltd.; 1995

  19. Energy consumption and economic growth. Assessing the evidence from Greece

    International Nuclear Information System (INIS)

    Hondroyiannis, George; Lolos, Sarantis; Papapetrou, Evangelia

    2002-01-01

    This paper attempts to shed light into the empirical relationship between energy consumption and economic growth, for Greece (1960-1996) employing the vector error-correction model estimation. The vector specification includes energy consumption, real GDP and price developments, the latter taken to represent a measure of economic efficiency. The empirical evidence suggests that there is a long-run relationship between the three variables, supporting the endogeneity of energy consumption and real output. These findings have important policy implications, since the adoption of suitable structural policies aiming at improving economic efficiency can induce energy conservation without impeding economic growth

  20. Socio-economic research for innovative energy technologies

    Energy Technology Data Exchange (ETDEWEB)

    Ogawa, Yuichi [Tokyo Univ., High Temperature Plasma Center, Kashiwa, Chiba (Japan); Okano, Kunihiko [Central Research Inst. of Electric Power Industry, Tokyo (Japan)

    2006-10-15

    In the 21st century global environment and energy issues become very important, and this is characterized by the long-term (in the scale of a few tens years) and world-wide issue. In addition, future prospect of these issues might be quite uncertain, and scientific prediction could be very difficult. For these issues vigorous researches and various efforts have been carried out from various aspects; e.g., world-wide discussion such as COP3 in Kyoto, promotion of the energy-saving technology and so on. Development of environment-friendly energy has been promoted, and new innovative technologies are explored. Nuclear fusion is, of course, a promising candidate. While, there might be some criticism for nuclear fusion from the socio-economic aspect; e.g., it would take long time and huge cost for the fusion reactor development. In addition, other innovative energy technologies might have their own criticism, as well. Therefore, socio-economic research might be indispensable for future energy resources. At first we have selected six items as for the characteristics, which might be important for future energy resources; i.e., energy resource, environmental load, economics, reliability/stability, flexibility on operation and safety/security. Concerning to innovative energy technologies, we have nominated seven candidates; i.e., advanced coal technology with CO2 recovery system, SOFC top combined cycle, solar power, wind power, space solar power station, advanced fission and fusion. Based on questionnaires for ordinary people and fusion scientists, we have tried to assess the fusion energy development, comparing with other innovative energy technologies. (author)

  1. Economic performance of grid-connected photovoltaics in California and Texas (United States): The influence of renewable energy and climate policies

    International Nuclear Information System (INIS)

    Sivaraman, Deepak; Moore, Michael R.

    2012-01-01

    Various public policies in the United States are providing financial incentives for installation and generation of electricity from renewable resources. This article examines the influence of investment subsidies, greenhouse gas (GHG) prices, and renewable energy credit (REC) prices on the economic performance of grid-connected photovoltaic (PV) systems. Our model integrates PV output, capacity-factor-based dispatch, and cost-benefit financial components to evaluate new PV installations in California and Texas. Relative to the base case, the benefit–cost ratio increases between 5–53% in California and 5–38% in Texas for the policy-derived cases of GHG and REC prices. The economic performance of PV is higher in California due to higher grid electricity prices and the profile of displaced marginal fuels. A sensitivity analysis demonstrates the electricity and GHG prices required to achieve profitability. A key element of the economic analysis demonstrates the importance of assessing the marginal fuels displaced by the PV system, not the average mix of displaced fuels, in terms of accurately monetizing the GHG abatement embodied in the displaced fuels. In California, for example, the discounted benefits derived from pollution abatement under the marginal displacement approach were 1.6–3.0 times higher than under the three average fuel mix cases. - Highlight: ► The effect of public policies on the economic performance of PV systems is analyzed. ► A PV output model, a dispatch model, and a cost-benefit model are integrated. ► The PV installations generally do not achieve positive profitability. ► A sensitivity analysis demonstrates the prices required to achieve profitability. ► The marginal fuels displaced by the PV system, not the average fuels, are relevant.

  2. Frontiers in the economics of energy efficiency

    International Nuclear Information System (INIS)

    Miguel, Carlos de; Labandeira, Xavier; Löschel, Andreas

    2015-01-01

    Energy efficiency has become an essential instrument to obtain effective greenhouse gas mitigation and reduced energy dependence. This introductory article contextualizes the contributions of the supplemental issue by showing the new setting for energy efficiency economics and policy; discussing the role of price instruments to promote energy savings; presenting new approaches for energy efficiency policies; and placing energy efficiency within a wider energy and environmental framework.

  3. Solar energy system economic evaluation for Wormser Columbia, South Carolina

    Science.gov (United States)

    1980-01-01

    The Solar Energy System is not economically beneficial under the assumed economic conditions at the sites considered. Economic benefits from this system depend on decreasing the initial investment and the continued increase in the cost of conventional energy. Decreasing the cost depends on favorable tax treatment and continuing development of solar energy technology. Fuel cost would have to increase drastically while the cost of the system would have to remain constant or decrease for the system to become economically feasible.

  4. Introduction course on the economical evaluation of energy projects

    International Nuclear Information System (INIS)

    Jansen, J.C.

    1992-06-01

    A theoretical course on the financial and economical evaluation of energy projects is presented. The course was organized by the Banque Mondiale in Bujumbura, Burundi, from 11 to 16 November 1991. Subsequently attention is paid to the basics of economic analysis, the financial and the economical analysis of an investment project, and finally the prices of energy products. 4 figs., 13 refs

  5. Economics of alternative energy supply in New Zealand

    Energy Technology Data Exchange (ETDEWEB)

    Walker, B. V.

    1977-10-15

    Alternative means of supplying the main categories of energy demand in New Zealand are examined, using a common economic basis. In this context alternative means are defined to include those not presently in significant large-scale use in New Zealand but which have been demonstrated to be broadly technically feasible. Energy demand is conveniently divided into four categories each corresponding to a grade of energy required and each including all relevant demand in households, commerce, and industry. These categories are called low-grade heat, process heat, transport, and high-grade energy. The high-grade energy market is largely satisfied only by electricity and alternative means of supplying electricity are considered by other authors. The remaining categories are discussed. The comparison of alternatives includes a brief examination of how the comparative economics are affected by the economic criteria used and particularly the cash flow discount rate. The results obtained are of scoping accuracy only but some policy implications are suggested.

  6. Introduction: economic performance and small business

    NARCIS (Netherlands)

    A.R. Thurik (Roy)

    1996-01-01

    textabstractThis paper introduces the special issue of Small business Economics on Performance. The concept of economic performance refers to the degree to which society's resources are being used as efficiently as possible. Where the field of industrial organization has emphasized the influence of

  7. Implementation of palm biodiesel based on economic aspects, performance, emission, and wear characteristics

    International Nuclear Information System (INIS)

    Mosarof, M.H.; Kalam, M.A.; Masjuki, H.H.; Ashraful, A.M.; Rashed, M.M.; Imdadul, H.K.; Monirul, I.M.

    2015-01-01

    Highlights: • Global environmental protection of using alternative fuel. • Economic aspects of palm oil biodiesel in Malaysia. • Tribological characteristics of palm oil biodiesel in engine components. • Engine performance and emission of palm oil biodiesel. • Effect of temperature on density and kinematic viscosity for various biodiesel. - Abstract: The high cost of energy supplies and the growing concern over the dependency on fossil fuels have impelled many countries to search for renewable and alternative energy sources. The extensive use of fossil fuels for transportation and power generation all over the world have caused the supply of fossil fuels to continuously decrease and have aggravated environmental pollution. Searching for alternative fuels has become imperative to reduce pollution and address the problems on fossil fuels. Vegetable oil fuels, such as palm oil biodiesel, serve as alternative forms of energy and are currently being studied, particularly as a diesel fuel substitute. The purpose of this study is to review the potential of palm oil as an energy source and alternative diesel fuel in terms of its performance, environmental impact, wear characteristics, and economic considerations. Compared with other vegetable oils, palm oil is a relatively sustainable, environment-friendly, less expensive, and economically beneficial potential source of energy. Palm oil plantation and production is a major industry in Malaysia, contributing to the economic growth and development of the country. The properties of palm oil biodiesel, namely, high oxidation stability, good cold properties, cetane number, and higher viscosity, makes it a suitable diesel substitute. Compared with other vegetable oils and petroleum diesel fuels, palm oil is associated with better engine performance, higher specific fuel consumption, and shorter ignition delay. Use of palm oil also reduces exhaust emission of hydrocarbon, carbon monoxide, carbon dioxide, and smoke, but

  8. ECONOMIC EFFECTS OF ENERGY POLICIES

    Directory of Open Access Journals (Sweden)

    Mihaela ȘTEȚ

    2014-12-01

    Full Text Available This paper highlights some of the issues raised by the implementation of energy policies and the fiscal measures in the energy sector and it aims to identify the impact of energy policies at regional level. It is emphasized, along with the environmental impact of the use of renewable resources and economic and social effects on sustainable regional development which can generate state intervention through direct and indirect, financial and non-financial instruments. Given the complex energy profile of Romania, the paper reveals also, the problems that have had to face in the last two decades and the impact of energy policies of Romanian governments. The research is based on an analysis of statistics, publications in energy sector, as well as primary and specific legislation.

  9. Energy scarcity and economic growth reconsidered

    International Nuclear Information System (INIS)

    Uri, N.D.

    1995-01-01

    The analysis in this paper is concerned with the effect of energy scarcity on economic growth in the United States. After defining the notion of scarcity and introducing two measures of scarcity, unit costs and relative energy price, changes in the trend in resource scarcity for natural gas, bituminous coal, anthracite coal, and crude oil over the most recent three decades are investigated. Each of the energy resources became significantly more scarce resources during the decade of the 1970s in the Malthusian Stock Scarcity and Malthusian Flow Scarcity sense. Unit costs exhibit a similar change for natural gas and crude oil but not for bituminous coal and anthracite coal. The situation reversed itself during the 1980s. Natural gas, bituminous coal, anthracite coal, and crude oil all became significantly less scarce resources during the decade of the 1980s than they had been during the 1970s. That is, the increase in scarcity as measured by relative energy prices observed during the decade of the 1970s was not reversed completely during the 1980s for natural gas and crude oil. Unit costs for natural gas and crude oil demonstrate analogous patterns and test results. Given that change has taken place, it has implications for future economic growth to the extent resource scarcity and economic growth are interrelated. (author)

  10. The economic growth enigma: Capital, labour and useful energy?

    International Nuclear Information System (INIS)

    Ayres, Robert; Voudouris, Vlasios

    2014-01-01

    We show that the application of flexible semi-parametric statistical techniques enables significant improvements in model fitting of macroeconomic models. As applied to the explanation of the past economic growth (since 1900) in US, UK and Japan, the new results demonstrate quite conclusively the non-linear relationships between capital, labour and useful energy with economic growth. They also indicate that output elasticities of capital, labour and useful energy are extremely variable over time. We suggest that these results confirm the economic intuition that growth since the industrial revolution has been driven largely by declining energy costs due to the discovery and exploitation of relatively inexpensive fossil fuel resources. Implications for the 21st century, which are also discussed briefly by exploring the implications of an ACEGES-based scenario of oil production, are as follows: (a) the provision of adequate and affordable quantities of useful energy as a pre-condition for economic growth and (b) the design of energy systems as ‘technology incubators’ for a prosperous 21st century. - Highlights: • Economic growth needs three factors of production. • We propose a semi-parametric generalised production function. • Exploitation of inexpensive fossil fuel resources has profound policy implications

  11. Economic analysis of Brazilian policies for energy efficient electric motors

    International Nuclear Information System (INIS)

    Andrade, Cássio Tersandro de Castro; Pontes, Ricardo Silva Thé

    2017-01-01

    Brazil is leading several energy efficiency initiatives and has ambitious goals for 2030, according to the Brazilian National Energy Plan 2030. One of the main initiatives is the minimum efficiency performance standards (MEPS) program for energy-driven equipment and the electric motors appear as the most significant one (49% share of the total electricity consumption). The MEPS levels set new grades for efficiency, and then manufacturers and consumers have to conform to the new products and costs. Policy makers have to economically assess the effects of these MEPS in order to maintain the market stability. Since the benefits of this program come from future energy savings, this cost-effective analysis has to consider the parameters uncertainty and the results should reinforce the market players’ confidence. Thus, the goal of this work is, first, to analyze the economic viability of the MEPS transitions in Brazil considering the uncertainty of the parameters involved and then, to estimate the effects of this program on the energy savings goals for 2030. At the end, we also verify whether this investment in energy efficiency is competitive with other forms of investments in energy. - Highlights: • A cost-effectiveness method with uncertainty for efficiency program is presented. • Savings from electric motors MEPS program makes the 2030 Brazilian goals possible. • Electric motors MEPS program cost-effectiveness in Brazil is confirmed. • Saved energy cost from efficiency improvement is a competitive energy investment.

  12. Energy taxation and economic growth

    International Nuclear Information System (INIS)

    Seymour, Adam; Mabro, Robert.

    1994-01-01

    These two linked articles look at the relationship between policies aimed at taxing various energy sources and economic growth in the country, raising such taxes in order to decide how such fiscal policy can best serve the needs of developing nations. It is argued that, while many developing nations seek to protect internal energy markets by taxing imported petroleum products, a policy of domestic energy prices being set at the same level as their international equivalent costs is more consistent with the efficient management of long-term structural adjustment programmes. (UK)

  13. A panel study of nuclear energy consumption and economic growth

    International Nuclear Information System (INIS)

    Apergis, Nicholas; Payne, James E.

    2010-01-01

    This study examines the relationship between nuclear energy consumption and economic growth for sixteen countries within a multivariate panel framework over the period 1980-2005. Pedroni's (1999, 2004) heterogeneous panel cointegration test reveals there is a long-run equilibrium relationship between real GDP, nuclear energy consumption, real gross fixed capital formation, and the labor force with the respective coefficients positive and statistically significant. The results of the panel vector error correction model finds bidirectional causality between nuclear energy consumption and economic growth in the short-run while unidirectional causality from nuclear energy consumption to economic growth in the long-run. Thus, the results provide support for the feedback hypothesis associated with the relationship between nuclear energy consumption and economic growth.

  14. Economic feasibility constraints for renewable energy source power production

    International Nuclear Information System (INIS)

    Biondi, L.

    1992-01-01

    Suitable analysis criteria for use in economic feasibility studies of renewable energy source power plants are examined for various plant types, e.g., pumped storage hydroelectric, geothermal, wind, solar, refuse-fuelled, etc. The paper focusses on the impacts, on operating cost and rate structure, of the necessity, depending on demand characteristics, to integrate renewable energy source power production with conventional power production in order to effectively and economically meet peak power demand. The influence of commercialization and marketing trends on renewable energy source power plant economic feasibility are also taken into consideration

  15. Study on the energy performance of glazing surfaces

    Directory of Open Access Journals (Sweden)

    Ligia MOGA

    2014-12-01

    Full Text Available A proper thermal design of the building envelope represents an important factor for the energy economics. Glazing surfaces represent one of the important elements in the hygrothermal design activity of a building envelope. The window’s thermal performance has also a strong influence on the thermal performance of the opaque area of the wall. This fact imposed the research of the real interaction, of cooperation and of mutual influences of the characteristics between the two components of the wall of the building envelope, respectively the opaque and the glazing area. Optimal constructive details for the opaque and glazing area of the wall need to be properly designed in order to achieve the required thermal and energy performances imposed for new types of buildings, e.g. passive houses, zero energy buildings.

  16. Environmental Sustainability and Economic Benefits of Dairy Farm Biogas Energy Production: A Case Study in Umbria

    Directory of Open Access Journals (Sweden)

    Biancamaria Torquati

    2014-09-01

    Full Text Available Accelerating demand to reduce the environmental impact of fossil fuels has been driving widespread attention to renewable fuels, such as biogas. In fact, in the last decade numerous policy guidelines and laws regarding energy, the environment and agriculture have been issued to encourage the use of animal sewage as a raw material for the production of biogas. The production of energy from biogas in a dairy farm can provide a good opportunity for sustainable rural development, augmenting the farm’s income from traditional sources and helping to reduce the overall environmental impact of the energy sector. This paper investigates the trade-off between the environmental and economic benefits of an agro-energy farm in the Umbria region of Italy that employs livestock sewage and manure, dedicated energy crops (corn and triticale silage and olive waste. The environmental analysis was performed using the LCA methodology, while the economic investigation was carried out by reconstructing the economic balance of the agro-energetic supply chain based on the budgets of each activity performed. The LCA results show, on the one hand, the predominant weight of producing dedicated crops compared to all other processes in the supply chain and, on the other hand, a significant reduction in environmental impact compared to that caused by energy production from fossil fuels. Economic analysis revealed that the results depend significantly on what rate per kWh the government incentives guarantee to agricultural producers of renewable energy.

  17. Economic analysis of wood energy valorization

    International Nuclear Information System (INIS)

    Fries, Juliana.

    1988-01-01

    Companies linked to the lumber activities began to concern about the valorization of their industrial residues: either by creating new products or by utilizing them for energy generation. At the same time, companies from other sectors began investing in reforestations dedicated to energy generation (mainly eucalyptus), induced by the possibility of obtaining tax incentives and by the need of assuring their own provisions of wood, thus minimizing this raw-material, as well as its sensibility to the variation of its price in the market. However almost nothing have been researched, either about the economical feasibility of energetic valorization of the lumber in the form of industrial residues or as wood supplied by reforestation dedicated to energy generation. This dissertation propose to examine those cases analysing the concerned costs and their economical feasibility. (author). 20 refs., 19 figs., 32 tabs

  18. Performance analysis of supply and return fans for HVAC systems under different operating strategies of economizer dampers

    Energy Technology Data Exchange (ETDEWEB)

    Nassif, Nabil [Florida Solar Energy Center, A Research Institute of the University of Center Florida, 1679 Clearlake Road, Cocoa, FL 32922 (United States)

    2010-07-15

    HVAC systems and associated equipment consume a relatively large fraction of total building energy consumption, a significant portion of which is attributed to fan operation. The operation of economizer dampers when installed can cause high energy consumption in fans if they are not functioning in proper and optimal manner. This will mainly be due to the potential high pressure drops through those dampers and associated high total pressures that should be developed by supply and/or return fans. It is then necessary to ensure that a proper strategy to operate optimally the economizer dampers is implemented with minimum fan energy use. The paper examines several operation strategies of the economizer dampers and investigates their effects on the performance of both the supply and return fans in HVAC system. It also discusses a new operating strategy for economizer dampers that can lead to lower fan energy use. The strategies are evaluated by simulations for a typically existing HVAC system. Several factors such as the building locations, system characteristics, resistance in the duct where the dampers are installed, supply air temperature and economizer control, and minimum ventilation requirements are also considered during the evaluations. The results show that the way of the economizer dampers been controlled has a significant effect on fan performance and its energy use. The proposed strategy if properly implemented can provide fan energy saving in the range of 5-30%, depending mainly on the number of hours when the system operates in the free cooling mode, damper characteristics, and minimum outdoor air. (author)

  19. Global warming, energy use, and economic growth

    Science.gov (United States)

    Khanna, Neha

    The dissertation comprises four papers that explore the interactions between global warming, energy use, and economic growth. While the papers are separate entities, they share the underlying theme of highlighting national differences in the growth experience and their implications for long-term energy use and climate change. The first paper provides an overview of some key economic issues in the climate change literature. In doing so, the paper critically appraises the 1995 draft report of Working Group III of the Intergovernmental Panel on Climate Change. The focus is the choice of a pure rate of time preference in the economic modeling of climate change, abatement costs differentials between developed and developing countries, and contrasting implications of standard discount rates and value of life estimates for these two country groups. The second paper develops a global model that takes account of the depletion of oil resources in the context of a geo-economic model for climate change. It is found that in the presence of non-decreasing carbon and energy intensities and declining petroleum availability, the carbon emissions trajectory is much higher than that typically projected by other models of this genre. Furthermore, by introducing price and income sensitive demand functions for fossil fuels, the model provides a framework to assess the effectiveness of fuel specific carbon taxes in reducing the COsb2 emissions trajectory. Cross-price substitution effects necessitate unrealistically high tax rates in order to lower the projected emissions trajectory to the optimal level. The economic structure of five integrated assessment models for climate change is reviewed in the third paper, with a special focus on the macroeconomic and damage assessment modules. The final paper undertakes an econometric estimation of the changing shares of capital, labour, energy, and technical change in explaining the growth patterns of 38 countries. Production elasticities vary by

  20. Levels of high energy cottonseed meal in multiple supplements for grazing cattle: performance and economic evaluation

    Directory of Open Access Journals (Sweden)

    Joanis Tilemahos Zervoudakis

    2015-10-01

    Full Text Available The objective was to evaluate the substitution levels of protein from soybean meal by high energy cottonseed (CS meal in multiple supplements for beef cattle grazing in the dry season on the average daily gain (ADG and economic viability. Twenty Nellore steers with initial body weight of 351.25±35.38 kg and average initial age of 24±0.8 months were used, divided into four paddocks of Brachiaria brizantha cv. Marandu with 1.6 ha each incompletely randomized design with four animals and five supplements to assess the following supplements: 0CS, 25CS and 50CS corresponding to the level of 0,25 and 50% high energy cottonseed meal to replace the meal soybean, provided the amount of 2 kg/animal/day, which were compared to mineral mixture (MM. The supplement 25CS provided higher (P<0.0001 ADG (0.75kg/animal/day-1 compared to supplement 50CS (0.60kg/animal/day-1. The ADG of animals supplemented with 0CS (0.53kg/animal/day-1 did not differ (P<0.0001 of the ADG of the bulls receiving supplementation with 25CS (0.75k /animal/day-1 and 50CS (0,60kg / animal / day-1. The 25CS supplement showed a higher economic return on invested capital in the period. The use of cottonseed meal high energy level of 25% replacement of soybean meal in multiple supplements provided greater weight gain of cattle and improved economic viability. 

  1. Solar energy system economic evaluation for Colt Pueblo, Pueblo, Colorado

    Science.gov (United States)

    1980-01-01

    The Solar Energy System is not economically beneficial under the assumed economic conditions at Pueblo, Colorado; Yosemite, California; Albuquerque, New Mexico; Fort Worth, Texas; and Washington, D.C. Economic benefits from this system depend on decreasing the initial investment and the continued increase in the cost of conventional energy. Decreasing the cost depends on favorable tax treatment and continuing development of solar energy technology. Fuel cost would have to increase drastically while the cost of the system would have to remain constant or decrease for the system to become economically feasible.

  2. The relationship between economic growth, energy consumption, and CO2 emissions: Empirical evidence from China.

    Science.gov (United States)

    Wang, Shaojian; Li, Qiuying; Fang, Chuanglin; Zhou, Chunshan

    2016-01-15

    Following several decades of rapid economic growth, China has become the largest energy consumer and the greatest emitter of CO2 in the world. Given the complex development situation faced by contemporary China, Chinese policymakers now confront the dual challenge of reducing energy use while continuing to foster economic growth. This study posits that a better understanding of the relationship between economic growth, energy consumption, and CO2 emissions is necessary, in order for the Chinese government to develop the energy saving and emission reduction strategies for addressing the impacts of climate change. This paper investigates the cointegrating, temporally dynamic, and casual relationships that exist between economic growth, energy consumption, and CO2 emissions in China, using data for the period 1990-2012. The study develops a comprehensive conceptual framework in order to perform this analysis. The results of cointegration tests suggest the existence of long-run cointegrating relationship among the variables, albeit with short dynamic adjustment mechanisms, indicating that the proportion of disequilibrium errors that can be adjusted in the next period will account for only a fraction of the changes. Further, impulse response analysis (which describes the reaction of any variable as a function of time in response to external shocks) found that the impact of a shock in CO2 emissions on economic growth or energy consumption was only marginally significant. Finally, Granger casual relationships were found to exist between economic growth, energy consumption, and CO2 emissions; specifically, a bi-directional causal relationship between economic growth and energy consumption was identified, and a unidirectional causal relationship was found to exist from energy consumption to CO2 emissions. The findings have significant implications for both academics and practitioners, warning of the need to develop and implement long-term energy and economic policies in

  3. The relationship between economic growth, energy consumption, and CO_2 emissions: Empirical evidence from China

    International Nuclear Information System (INIS)

    Wang, Shaojian; Li, Qiuying; Fang, Chuanglin; Zhou, Chunshan

    2016-01-01

    Following several decades of rapid economic growth, China has become the largest energy consumer and the greatest emitter of CO_2 in the world. Given the complex development situation faced by contemporary China, Chinese policymakers now confront the dual challenge of reducing energy use while continuing to foster economic growth. This study posits that a better understanding of the relationship between economic growth, energy consumption, and CO_2 emissions is necessary, in order for the Chinese government to develop the energy saving and emission reduction strategies for addressing the impacts of climate change. This paper investigates the cointegrating, temporally dynamic, and casual relationships that exist between economic growth, energy consumption, and CO_2 emissions in China, using data for the period 1990–2012. The study develops a comprehensive conceptual framework in order to perform this analysis. The results of cointegration tests suggest the existence of long-run cointegrating relationship among the variables, albeit with short dynamic adjustment mechanisms, indicating that the proportion of disequilibrium errors that can be adjusted in the next period will account for only a fraction of the changes. Further, impulse response analysis (which describes the reaction of any variable as a function of time in response to external shocks) found that the impact of a shock in CO_2 emissions on economic growth or energy consumption was only marginally significant. Finally, Granger casual relationships were found to exist between economic growth, energy consumption, and CO_2 emissions; specifically, a bi-directional causal relationship between economic growth and energy consumption was identified, and a unidirectional causal relationship was found to exist from energy consumption to CO_2 emissions. The findings have significant implications for both academics and practitioners, warning of the need to develop and implement long-term energy and economic

  4. Economic analysis of a combined production of hydrogen-energy from empty fruit bunches

    International Nuclear Information System (INIS)

    Langè, Stefano; Pellegrini, Laura A.

    2013-01-01

    This work relates to an economic analysis and a comparison between different process solutions for the production of hydrogen and the co-production of hydrogen and energy by means of a zero emission biomass integrated supercritical water gasification (SCWG) and combined cycle power plant. The case study will be located in Malaysia. Energy will be produced in agreement with the Small Renewable Energy Power Plant (SREP) Program, promoted by the Government of Malaysia. Hydrogen is obtained by supercritical water gasification (SCWG) of empty fruit bunches (EFB), a technology of interest for the processing of biomass with high moisture content. The economic analysis has been carried out to demonstrate the feasibility of the process solutions and to compare their convenience. The feedstock is 35 Mg h −1 of empty fruit bunches (EFB), a biomass obtained in the Palm Oil Industry. The location of the site is Teluk Intak District in the State of Perak (Malaysia). The study is performed with Aspen Plus ® V7.2. The aim of this work is to investigate the economic convenience of supercritical water gasification technology applied to a potential industrial case study in order to state the possibilities and the trade-off for the production of hydrogen and the co-production of hydrogen and energy from biomass, using an innovative technology (SCWG) instead of a typical unit for syngas and energy production. The processes have been developed to reach zero emissions and zero wastes. CO 2 and solid residuals are recycled inside palm oil lifecycle. -- Highlights: • Supercritical water gasification of empty fruit bunches has been used for hydrogen production. • Malaysia Small Renewable Energy Power Plant Program is aiming to reduce by 40% its greenhouse gases emissions by 2020. • An economic analysis has been performed to assess the sustainability of hydrogen and energy production from palm oil biomass. • Carbon dioxide and solid residuals are recycled back into biomass

  5. Energy efficiency / economic in agroecosystems; Eficiencia energetica/economica em agroecossistemas

    Energy Technology Data Exchange (ETDEWEB)

    Almeida, Luis Carlos Ferreira de; Bueno, Osmar de Carvalho; Esperancini, Maura Seiko Tsutui [Universidade Estadual Paulista Julio de Mesquita Filho (FCA/UNESP), Botucatu, SP (Brazil). Fac. de Ciencias Agronomicas

    2010-07-01

    The energy and economic evaluation of agroecosystems is important in the sense of appraise as maintainable these can be so much of the point of view energy as economic. The objective of the present paper was to show, starting from a case study, the construction of an indicator of energy/economic efficiency, whose results for four existent systems of corn production in the study area presented indexes that varied between 22.4 and 31.6. Of the reading of those values was possible to evaluate that all of the appraised systems show sustainability of long and short term. The proposed indicator if it shows solid in the agroecosystems appreciation concerning the analysis of your energy/economic sustainability. (author)

  6. Economic implications of fusion-fission energy systems

    International Nuclear Information System (INIS)

    Deonigi, D.E.; Schulte, S.C.

    1979-04-01

    The principal conclusions that can be made based on the estimated costs reported in this paper are twofold. First, hybrid reactors operating symbiotically with conventional fission reactors are a potentially attractive supply alternative. Estimated hybrid energy system costs are slightly greater than estimated costs of the most attractive alternatives. However, given the technological, economic, and institutional uncertainties associated with future energy supply, differences of such magnitude are of little significance. Second, to be economically viable, hybrid reactors must be both fuel producers and electricity producers. A data point representing each hybrid reactor driver-blanket concept is plotted as a function of net electrical production efficiency and annual fuel production. The plots illustrate that the most economically viable reactor concepts are those that produce both fuel and electricity

  7. A technical, economic, and environmental performance of grid-connected hybrid (photovoltaic-wind) power system in Algeria.

    Science.gov (United States)

    Saheb-Koussa, Djohra; Koussa, Mustapha; Said, Nourredine

    2013-01-01

    This paper studies the technical, economic, and environmental analysis of wind and photovoltaic power systems connected to a conventional grid. The main interest in such systems is on-site consumption of the produced energy, system hybridization, pooling of resources, and contribution to the environment protection. To ensure a better management of system energy, models have been used for determining the power that the constituting subsystems can deliver under specific weather conditions. Simulation is performed using MATLAB-SIMULINK. While, the economic and environmental study is performed using HOMER software. From an economic point of view, this allows to compare the financial constraints on each part of the system for the case of Adrar site which is located to the northern part of the south of Algeria. It also permits to optimally size and select the system presenting the best features on the basis of two parameters, that is, cost and effectiveness. From an environmental point of view, this study allows highlighting the role of renewable energy in reducing gas emissions related to greenhouse effects. In addition, through a set of sensitivity analysis, it is found that the wind speed has more effects on the environmental and economic performances of grid-connected hybrid (photovoltaic-wind) power systems.

  8. A Technical, Economic, and Environmental Performance of Grid-Connected Hybrid (Photovoltaic-Wind Power System in Algeria

    Directory of Open Access Journals (Sweden)

    Djohra Saheb-Koussa

    2013-01-01

    Full Text Available This paper studies the technical, economic, and environmental analysis of wind and photovoltaic power systems connected to a conventional grid. The main interest in such systems is on-site consumption of the produced energy, system hybridization, pooling of resources, and contribution to the environment protection. To ensure a better management of system energy, models have been used for determining the power that the constituting subsystems can deliver under specific weather conditions. Simulation is performed using MATLAB-SIMULINK. While, the economic and environmental study is performed using HOMER software. From an economic point of view, this allows to compare the financial constraints on each part of the system for the case of Adrar site which is located to the northern part of the south of Algeria. It also permits to optimally size and select the system presenting the best features on the basis of two parameters, that is, cost and effectiveness. From an environmental point of view, this study allows highlighting the role of renewable energy in reducing gas emissions related to greenhouse effects. In addition, through a set of sensitivity analysis, it is found that the wind speed has more effects on the environmental and economic performances of grid-connected hybrid (photovoltaic-wind power systems.

  9. The causal relationship between energy resources and economic growth in Brazil

    International Nuclear Information System (INIS)

    Pao, Hsiao-Tien; Fu, Hsin-Chia

    2013-01-01

    This study investigates the causal relationship between clean and non-clean energy consumption and economic growth in Brazil over the period of 1980–2009. Clean energy consumption at aggregated level of total renewable energy consumption and disaggregated levels of hydroelectric, new renewables, and nuclear energy consumption are tested within a production function framework. A cointegration test reveals a long-term equilibrium relationship between real output, capital, labor, and renewable and non-renewable energy consumption at aggregated level, and a long-term equilibrium relationship between real output, capital, labor, and hydroelectric/new renewables/nuclear and fossil fuel energy consumption at disaggregated level. The capital, labor, and new renewables elasticities of real output are positive and statistically significant, other energy consumption item's elasticities are insignificant. The results from error correction model reveal the interdependencies between new renewables, nuclear, fossil fuel, and total non-renewable energy consumption and economic growth, the unidirectional causality from hydroelectric/total renewable consumption to economic growth, the substitutability between new renewables and fossil fuel consumption, and the substitutability between new renewables and nuclear energy consumption. Additionally, nuclear and new renewables energy consumption responds to bring the system back to equilibrium. Overall, aggregated analysis may obscure the relationship between different types of clean energy consumption and economic growth. - Highlights: • We model three kinds of clean energy and non-clean energy consumption and real GDP. • There is fossil fuel consumption–economic growth bidirectional causality. • There is new renewables consumption–economic growth bidirectional causality. • There is nuclear energy consumption–economic growth bidirectional causality. • Substitutability exists for new renewables–fossil fuel or new

  10. Does national scale economic and environmental indicators spur logistics performance? Evidence from UK.

    Science.gov (United States)

    Khan, Syed Abdul Rehman; Qianli, Dong

    2017-12-01

    The aim of this study is to examine the association between national economic and environmental indicators with green logistics performance in a time series data of UK since 1981 to 2016. The research used autoregressive distributed lag method to understand the long-run and short-run relationships of national scale economic (foreign direct investment (FDI) inflows, per capita income) and environmental indicators (total greenhouse gases, fossil fuel, and renewable energy) on green logistics. In the short run, the research findings indicate that the green logistics and renewable energy have positive relationship, while fossil fuel is negatively correlated with green logistics operations. On the other hand, in the long run, the results show that FDI inflows, renewable energy sources, and per capita income have statistically significant and positive association with green logistics activities, while foreign investments attracted by environmental friendly policies and practices adopted in global logistics operations, which not only increase the environmental sustainability but also enhance economic activities with greater export opportunities in the region.

  11. Energy and economic tables 1950-1991

    International Nuclear Information System (INIS)

    1994-02-01

    This publication, prepared by the Planning and Economic Studies Section of the Division of Nuclear Power, presents summaries of data contained in the IAEA Energy and Economic Data Bank (EEDB). The data for each country are presented in a standardized format and in consistent system units. Aggregated data for the whole world, and for eight world subdivisions, are also presented in the same format

  12. Energy efficiency and economic feasibility of CCHP driven by stirling engine

    International Nuclear Information System (INIS)

    Kong, X.Q.; Wang, R.Z.; Huang, X.H.

    2004-01-01

    This paper deals with the problem of energy efficiency evaluation and economic feasibility analysis of a small scale trigeneration system for combined cooling, heating and power generation (CCHP) with an available Stirling engine. Trigeneration systems have a large potential of energy saving and economical efficiency. The decisive values for energetic efficiency evaluation of such systems are the primary energy rate and comparative primary energy saving (Δq), while the economic feasibility analysis of such systems relates the avoided cost, the total annual saving and payback period. The investigation calculates and compares the energy saving and economic efficiency of trigeneration system with Stirling engine against contemporary conventional independent cooling, heating and power, showing that a CCHP system saves fuel resources and has the assurance of economic benefits

  13. Operational safety performance and economical efficiency evaluation for nuclear power plants

    International Nuclear Information System (INIS)

    Liu Yachun; Zou Shuliang

    2012-01-01

    The economical efficiency of nuclear power includes a series of environmental parameters, for example, cleanliness. Nuclear security is the precondition and guarantee for its economy, and both are the direct embodiment of the social benefits of nuclear power. Through analyzing the supervision and management system on the effective operation of nuclear power plants, which has been put forward by the International Atomic Energy Agency (IAEA), the World Association of Nuclear Operators (WANO), the U.S. Nuclear Regulatory Commission (NRC), and other organizations, a set of indexs on the safety performance and economical efficiency of nuclear power are explored and established; Based on data envelopment analysis, a DEA approach is employed to evaluate the efficiency of the operation performance of several nuclear power plants, Some primary conclusion are achieved on the basis of analyzing the threshold parameter's sensitivity and relativity which affected operational performance. To address the conflicts between certain security and economical indicators, a multi-objective programming model is established, where top priority is given to nuclear safety, and the investment behavior of nuclear power plant is thereby optimized. (authors)

  14. Solar energy system economic evaluation for Solaron Akron, Akron, Ohio

    Science.gov (United States)

    1980-01-01

    The economic analysis of the solar energy system that was installed at Akron, Ohio is developed for this and four other sites typical of a wide range of environmental and economic conditions. The analysis is accomplished based on the technical and economic models in the f chart design procedure with inputs based on the characteristics of the installed parameters of present worth of system cost over a projected twenty year life: life cycle savings, year of positive savings and year of payback for the optimized solar energy system at each of the analysis sites. The sensitivity of the economic evaluation to uncertainties in constituent system and economic variables is also investigated. Results show that only in Albuquerque, New Mexico, where insolation is 1828 Btu/sq ft/day and the conventional energy cost is high, is this solar energy system marginally profitable.

  15. The rhetoric of calculations. Economical arguments for development of new energy technologies

    International Nuclear Information System (INIS)

    Solli, Joeran

    2004-01-01

    The thesis discusses the theoretical economics and social factors for development of new energy technologies and has chapter on: New energy technologies in an economical and political change, technology development from innovation economy to economical sociology, opinion formation in the energy sector, establishing energy economical discussion, economy as pidgin, financial factors, forming social education and market power versus language strife

  16. Foreign Direct Investment, Economic Freedom and Economic Performance in Sub-Saharan Africa

    Directory of Open Access Journals (Sweden)

    Kazeem Bello Ajide

    2015-03-01

    Full Text Available The controversies that trailed whether direct impact of Foreign Direct Investment (FDI on growth are conditional on a certain intermediating links or not, has made an inquiry into the likely mediating links in the FDI growth space a recurring subject of discourse.While the importance of institution has prominently featured as playing a vital role on the one hand, economic freedom (a key institutional component has consistently been elected, as a good candidate surrogate on the other hand. It is against this backdrop this study examines the effect of FDI inflow on economic performance in the SSA region giving prominence to economic freedom. The results support the view that economic freedom is germane in influencing the economic-wide performance in the region but have insignificant effects on the different sector performances. It is recommended that economic freedom be given priority in the region and FDI should be attracted to other sectors other than the primary sector, as it is the case.

  17. A proposal of ecologic taxes based on thermo-economic performance of heat engine models

    International Nuclear Information System (INIS)

    Barranco-Jimenez, M. A.; Ramos-Gayosso, I.; Rosales, M. A.; Angulo-Brown, F.

    2009-01-01

    Within the context of Finite-Time Thermodynamics (FTT) a simplified thermal power plant model (the so-called Novikov engine) is analyzed under economical criteria by means of the concepts of profit function and the costs involved in the performance of the power plant. In this study, two different heat transfer laws are used, the so called Newton's law of cooling and the Dulong-Petit's law of cooling. Two FTT optimization criteria for the performance analysis are used: the maximum power regime (MP) and the so-called ecological criterion. This last criterion leads the engine model towards a mode of performance that appreciably diminishes the engine's wasted energy. In this work, it is shown that the energy-unit price produced under maximum power conditions is cheaper than that produced under maximum ecological (ME) conditions. This was accomplished by using a typical definition of profits function stemming from economics. The MP-regime produces considerably more wasted energy toward the environment, thus the MP energy-unit price is subsidized by nature. Due to this fact, an ecological tax is proposed, which could be a certain function of the price difference between the MP and ME modes of power production. (author)

  18. Energy Performance of Buildings

    DEFF Research Database (Denmark)

    Heiselberg, Per

    2007-01-01

    "Sustainable development" has been defined best by the Brundtland Commission as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs". Adequate and affordable energy supplies have been key to economic development and are c......"Sustainable development" has been defined best by the Brundtland Commission as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs". Adequate and affordable energy supplies have been key to economic development...... and are central to improving social and economic well- being, and human welfare and raising living standards. Even if energy is essential for development, it is only a means to an end. The end is good health, high living standards, a sustainable economy and a clean environment. The European Climate change...... programme (ECCP) was established in June 2000 to help identify the most environmentally cost-effective measures enabling the EU to meet its target under the Kyoto Protocol, namely an 8% reduction in greenhouse gas emissions from 1990 levels by 2012. Energy use in buildings accounts for almost half of all CO...

  19. Economic and environmental impacts of community-based residential building energy efficiency investment

    International Nuclear Information System (INIS)

    Choi, Jun-Ki; Morrison, Drew; Hallinan, Kevin P.; Brecha, Robert J.

    2014-01-01

    A systematic framework for evaluating the local economic and environmental impacts of investment in building energy efficiency is developed. Historical residential building energy data, community-wide economic input–output data, and emission intensity data are utilized. The aim of this study is to show the comprehensive insights and connection among achieving variable target reductions for a residential building energy use, economic and environmental impacts. Central to this approach for the building energy reduction goal is the creation of individual energy models for each building based upon historical energy data and available building data. From these models, savings estimates and cost implications can be estimated for various conservation measures. A ‘worst to first’ (WF) energy efficient investment strategy is adopted to optimize the level of various direct, indirect, and induced economic impacts on the local community. This evaluation helps to illumine opportunities to establish specific energy reduction targets having greatest economic impact in the community. From an environmental perspective, short term economy-wide CO 2 emissions increase because of the increased community-wide economic activities spurred by the production and installation of energy efficiency measures, however the resulting energy savings provide continuous CO 2 reduction for various target savings. - Highlights: • WF energy efficient strategy helps to optimize various level of economic impacts. • Greatest community benefits are achieved from specific energy reduction targets. • Community-wide economic impacts vary for different energy conservation measures

  20. Energie-Nederland. Financial and economic impact of a changing energy market

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-03-15

    A detailed study of the Dutch power market has been carried out, including an assessment of the financial implications for conventional power plants. This study is to provide insight into the potential implications of the 16% RES (renewable energy sources) target without prescribing a particular scenario or outcome, or suggesting possible solutions. The study focuses on the potential financial and economic impact of meeting the RES target under different market scenarios. Also, the potential impact on security of supply and the need for flexible back-up capacity in the period 2013-2020 are assessed. Furthermore, an analysis is performed of potential market prices that are required for the economic feasibility of flexible back-up generation capacity with a very limited load factor. For the assessment of the financial impact of a changing energy market, the Dutch power market is modelled under various scenarios. Use has been made of a detailed model of Northwest Europe, in which all power stations, interconnections, and constraints (i.e. RES potential) are accounted for. In all scenarios, the 16% RES target is a binding constraint in that model. This means the model determines the least-cost option to meet this target, including wind onshore and offshore (up to the limit estimated by ECN), dedicated biomass and co-firing of biomass, and other sources such as solar.

  1. Energy efficiency and economic fallacies: a reply; and reply

    International Nuclear Information System (INIS)

    Brookes, L.G.; Grubb, M.

    1992-01-01

    The claim that a programme of energy efficiency improvements has nothing to offer to the solution of any problem of global warming is discussed. Some very important points not previously conceded by supporters of energy efficiency solutions to economic and environmental problems are considered, namely: first that when energy supply/price is the constraint on the level of economic activity, using energy more efficiently does not help to reduce total energy demand; and, second, that it has in practice been true that when energy supply/price is not the macroeconomic constraint, once again demand for energy is not reduced by more efficient use. (author)

  2. Agro-energy supply chain planning: a procedure to evaluate economic, energy and environmental sustainability

    Directory of Open Access Journals (Sweden)

    Fabrizio Ginaldi

    2012-07-01

    Full Text Available The increasing demand for energy and expected shortage in the medium term, solicit innovative energy strategies to fulfill the increasing gap between demand-supply. For this purpose it is important to evaluate the potential supply of the energy crops and finding the areas of EU where it is most convenient. This paper proposes an agro-energy supply chain approach to planning the biofuel supply chain at a regional level. The proposed methodology is the result of an interdisciplinary team work and is aimed to evaluate the potential supply of land for the energy production and the efficiency of the processing plants considering simultaneously economic, energy and environmental targets. The crop simulation, on the basis of this approach, takes into account environmental and agricultural variables (soil, climate, crop, agronomic technique that affect yields, energy and economic costs of the agricultural phase. The use of the Dijkstra’s algorithm allows minimizing the biomass transport path from farm to collecting points and the processing plant, to reduce both the transport cost and the energy consumption. Finally, a global sustainability index (ACSI, Agro-energy Chain Sustainability Index is computed combining economic, energy and environmental aspects to evaluate the sustainability of the Agroenergy supply chain (AESC on the territory. The empirical part consists in a pilot study applied to the whole plain of Friuli Venezia Giulia (FVG a region situated in the North-Eastern part of Italy covering about 161,300 ha. The simulation has been applied to the maize cultivation using three different technologies (different levels of irrigation and nitrogen fertilization: low, medium and high input. The higher input technologies allow to achieve higher crop yields, but affect negatively both the economic and energy balances. Low input levels provides, on the average, the most favourable energy and economic balances. ACSI indicates that low inputs levels

  3. Energy, environment and economics: greenhouse policy in the balance

    International Nuclear Information System (INIS)

    Wilkenfeld, G.L.

    1990-01-01

    Taking New South Wales as a case study, this paper reviews the government's major economic and environmental concerns, and analyses how they bear on energy and greenhouse policy options. The government's economic strategy emphasises the continuing importance of primary resources, minerals processing and energy-intensive manufacturing, where the State is perceived to have a competitive advantage because of its extensive coal resources. The implications of these trends for the energy utilities and for greenhouse energy policy are analysed. 22 refs., 1 tab

  4. Dollars from Sense: The Economic Benefits of Renewable Energy

    Science.gov (United States)

    1997-09-01

    This document illustrates direct economic benefits, including job creation, of renewable energy technologies. Examples of electricity generation from biomass, wind power, photovoltaics, solar thermal energy, and geothermal energy are given, with emphasis on the impact of individual projects on the state and local community. Employment numbers at existing facilities are provided, including total national employment for each renewable industry where available. Renewable energy technologies offer economic advantages because they are more labor-intensive than conventional generation technologies, and they use primarily indigenous resources.

  5. Symposium on Pacific Energy Cooperation '99. Changing economic environment and energy cooperation in Asia

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-02-16

    Compiled in this publication are the papers delivered at the above conference held in Tokyo on February 16-17, 1999. Presented in Session 1, entitled 'economic reforms and energy situation in Asian countries,' are the causes and lessons of economic and financial crisis in the Asian countries and the prospect of restoration; the outlook of energy supply and demand in the Asia Pacific region; and a message from APEC (Asia-Pacific Economic Cooperation Conference) Okinawa Energy Ministers' Meeting. Discussed in Session 2, entitled 'energy security in the Asia Pacific region,' are the outlook for world oil prices; and the stable supply of oil and gas in the Asia Pacific region. Discussed in Session 3, entitled the 'deregulation of the energy sector in the Asia Pacific region,' are the deregulation of the power sector, progress and problems; and the privatization of the oil and gas sectors. Many papers are presented also in Session 4, entitled the 'energy and environment in the Asia Pacific region, and in Session 5 entitled 'pacific energy cooperation in the changing economic and energy environment.' (NEDO)

  6. Direct regional energy/economic modeling (DREEM) design

    Energy Technology Data Exchange (ETDEWEB)

    Hall, P.D.; Pleatsikas, C.J.

    1979-10-01

    This report summarizes an investigation into the use of regional and multiregional economic models for estimating the indirect and induced impacts of Federally-mandated energy policies. It includes an examination of alternative types of energy policies that can impact regional economies and the available analytical frameworks for measuring the magnitudes and spatial extents of these impacts. One such analytical system, the National Regional Impact Evaluation System (NRIES), currently operational in the Bureau of Economic Analysis (BEA), is chosen for more detailed investigation. The report summarizes the models capabilities for addressing various energy policy issues and then demonstrates the applicability of the model in specified contexts by developing appropriate input data for three scenarios. These scenarios concern the multi-state impacts of alternative coal-mining-development decisions, multi-regional impacts of macroeconomic change, and the comprehensive effects of an alternative national energy supply trajectory. On the basis of this experience, the capabilities of NRIES for analyzing energy-policy issues are summarized in a concluding chapter.

  7. Energy price increases and economic development in Malaysia.

    OpenAIRE

    Fong CO

    1984-01-01

    ILO pub-WEP pub. Working paper on the impact of higher energy costs (particularly petroleum price increases) on economic development in Malaysia, 1973 to 1983 - outlines trends in gross domestic product, balance of payments, trade and economic growth; considers household income and fuel expenditure of low income rural communitys; deals with choice of technology and employment in certain high power consumption industries; discusses energy policy implications. Graphs, maps, questionnaires, refe...

  8. Nuclear energy. Economical aspects

    International Nuclear Information System (INIS)

    Legee, F.

    2010-01-01

    This document present 43 slides of a power point presentation containing detailed data on economical and cost data for nuclear energy and nuclear power plants: evolution from 1971 to 2007 of world total primary energy supply, development of nuclear energy in the world, nuclear power plants in the world in 2009, service life of nuclear power plants and its extension; nuclear energy market and perspectives at 2030, the EPR concept (generation III) and its perspectives at 2030 in the world; cost assessment (power generation cost, nuclear power generation cost, costs due to nuclear safety, comparison of investment costs for gas, coal and nuclear power generation, costs for building a nuclear reactor and general cost; cost for the entire fuel cycle, the case of the closed cycle with recycling (MOX); costs for radioactive waste storage; financial costs and other costs such as environmental impacts, strategic stocks, comparative evaluation of the competitiveness of nuclear versus coal and gas

  9. From partial to total economic analysis. Five applications to environmental and energy economics

    Energy Technology Data Exchange (ETDEWEB)

    Hoffmann, T.

    2006-05-04

    The studies presented in this thesis address the consequences of market distortions of governmental policies - predominantly in the area of environmental and energy policy. The studies cover different economic aggregation levels: The first study aims at investigating firm-level effects. Thus, the results refer only to a small number of well-defined economic entities, e.g. electricity supply companies in Germany. Subsequently, issues - such as the evaluation of efficiency effects of the European Emissions Trading system - are addressed on a multi-sectoral and multi-regional level, but still only one market is considered. Thereupon, the scope of investigation is broadened by interactions of different markets - e.g. as in the case of the economic evaluation of renewable energy promotion strategies. Finally, a general equilibrium analysis of a European nuclear phase-out scenario covers all economic feed-backs on the national and international level. (orig.) 5.

  10. Nuclear energy-economic growth nexus in OECD countries. A panel data analysis

    International Nuclear Information System (INIS)

    Ozcan, Burcu; Ari, Ayse

    2016-01-01

    The relationship between nuclear energy consumption and economic growth in 13 OECD countries from 1980 to 2012 is analyzed. The panel causality results supported the feedback hypothesis in both the short-run and long-run. There is a positive relationship between nuclear energy consumption and economic growth. As such, nuclear energy consumption and economic growth complement and reinforce each other. Nuclear energy conservation policies may negatively affect economic growth rates.

  11. Nuclear energy-economic growth nexus in OECD countries. A panel data analysis

    Energy Technology Data Exchange (ETDEWEB)

    Ozcan, Burcu [Firat Univ., Elazig (Turkey). Dept. of Economics; Ari, Ayse [Nigde Univ. (Turkey). Dept. of Economics

    2016-01-15

    The relationship between nuclear energy consumption and economic growth in 13 OECD countries from 1980 to 2012 is analyzed. The panel causality results supported the feedback hypothesis in both the short-run and long-run. There is a positive relationship between nuclear energy consumption and economic growth. As such, nuclear energy consumption and economic growth complement and reinforce each other. Nuclear energy conservation policies may negatively affect economic growth rates.

  12. Economic and geopolitical dimensions of renewable vs. nuclear energy in North Africa

    International Nuclear Information System (INIS)

    Marktanner, Marcus; Salman, Lana

    2011-01-01

    Addressing issues of renewable energy in North Africa must incorporate concerns regarding the compatibility of energy mixes with the nature of political regimes, their geopolitical relevance, and their socio-economic effects, in addition to economic cost-benefit deliberations. One important and under-researched aspect of nuclear energy refers to the trade-off between socio-economic development and political power conservation. Competing interests in North Africa's energy market as well as aspects of regional cooperation capacity are important when assessing the choice between renewable and nuclear energy. Therefore, the future course of meeting North Africa's energy needs is subject to a complex political and economic interplay between domestic and geopolitical development interests. The objective of this paper is to explore this complexity in more detail. We argue that the identification of any energy alternative as superior is hardly convincing unless certain standards of inclusive governance are met. We also find that it is important to highlight political-economic differences between energy importers like Morocco and Tunisia and energy exporters like Algeria, Libya, and Egypt. - Research highlights: → North Africa confronted with severe energy supply challenges in near future. → Trade-off between socio-economic development and political power conservation matters. → Economic and geopolitical dimensions of trade-off heterogeneous across North Africa.

  13. Technical reference book for the Energy Economic Data Base (EEDB) Program

    International Nuclear Information System (INIS)

    1985-08-01

    The Energy Economic Data Base (EEDB) Program is sponsored by the US Department of Energy (DOE) for the purpose of developing current technical and cost information for nuclear and comparison electric power generating stations. The data base was first assembled in 1978 from an initial update of the technical/cost data models developed for the predecessor studies. Seven updates of the data base have been performed between 1978 and 1984, in which various technical/cost data models have been updated, added, superceded or discontinued

  14. Energy and economic development (environmental implications)

    International Nuclear Information System (INIS)

    Zorzoli, G.B.

    1992-01-01

    An examination, for developed countries, of significant correlations among economic growth, electric energy intensity and elasticity, per capita values of gross national product and greenhouse gas emissions, indicates notable possibilities for a healthier global environment with increased world-wide diffusion of clean and rational energy use technologies coupled with substantial economic growth. This scenario, however, is contrasted by worrisome doubts as to the chances for a successful outcome of recently proposed tenable growth policies when it is pointed out that forecasts, based on current demographic trends, call for a doubling of the world population in the near future. The foreseen unrestrained population explosion, leading to an unprecedented proliferation in the use of fossil fuels, now appears to represent the most serious threat to the global environment

  15. Economic chances and problems of the peaceful uses of nuclear energy in an evolutionary context

    International Nuclear Information System (INIS)

    Hohn, B.

    1992-01-01

    To organize and ensure energy supply is of pivotal importance for social development. Therefore, the paper focuses on the issue of nuclear energy within the stress field of society, technology, energy and evolution. Nuclear energy use is studied with regard to its evolutionary fit, on the basis of an integrating analysis overriding economic considerations. So the criterion of customary economics is expanded by the evaluation criterion of evolutionary principles. After considering the theoretical structure of environment and resource economy and its limits, the evolutionary background of energy and energy use is examined. Evolution strategies are outlined to show how structures and orders are formed in the course of evolution and how energy resources are exploited. In view of the global ecological crisis, solution strategies require a solid concept of an evolutionary fitting energy system the requirement profile of which can be obtained, by means of fitting criteria, from a synthesis of economic theory and the outlined evolution strategies. In order to sound the evolutionary fit of nuclear energy use on the basis of the theoretical foundations of economics and evolution and of the fitting criteria obtained from their synthesis, the status of the problem and its multifacetted interconnections are structured. Critical analysis of the peaceful use of nuclear energy is performed by means of a systematics which is to ensure that the mental order gradually approaches the evaluation of the evolutionary fit of nuclear power. (orig./HSCH) [de

  16. THE RELEVANCE OF ECONOMIC INFORMATION IN ANALYZING THE ECONOMIC PERFORMANCE

    Directory of Open Access Journals (Sweden)

    PATRUTA MIRCEA IOAN

    2017-12-01

    Full Text Available The performance analysis is based on an informational system, which provides financial information in various formatsand with various applicabilities.We intend to formulate a set of important caracteristics of financial information along with identifying a set of relevant financial rates and indicatorsused to appreciate the performance level of a company. Economic performance can be interpreted in different ways at each level of analysis. Generally, it refers to economic growth, increased productivity and profitability. The growth of labor productivity or increased production per worker is a measure of efficient use of resources in value creation.

  17. Energy, Economic Growth and Environmental Sustainability: Five Propositions

    Directory of Open Access Journals (Sweden)

    Steven Sorrell

    2010-06-01

    Full Text Available This paper advances five linked and controversial propositions that have both deep historical roots and urgent contemporary relevance. These are: (a the rebound effects from energy efficiency improvements are significant and limit the potential for decoupling energy consumption from economic growth; (b the contribution of energy to productivity improvements and economic growth has been greatly underestimated; (c the pursuit of improved efficiency needs to be complemented by an ethic of sufficiency; (d sustainability is incompatible with continued economic growth in rich countries; and (e a zero-growth economy is incompatible with a fractional reserve banking system. These propositions run counter to conventional wisdom and each highlights either a "blind spot" or "taboo subject" that deserves closer scrutiny. While accepting one proposition reinforces the case for accepting the next, the former is neither necessary nor sufficient for the latter.

  18. Energy and competitiveness - Notes of the Economic Analysis Council, Nr. 6

    International Nuclear Information System (INIS)

    Bureau, Dominique; Fontagne, Lionel; Martin, Philippe

    2013-05-01

    This note aims at analyzing the impact of a possible increase of energy prices on the French competitiveness, and more particularly on the performance of exporting companies, while trying to make a distinction between short-term and long-term effects. A first part proposes a diagnosis of the French loss of competitiveness. The second part analyzes the energy prices in France for industries with comparisons with other countries (electricity price, tariffs and production cost). The next part addresses mechanisms relating competitiveness and energy price on a short, medium or long term. Then the authors try to assess at the enterprise level how exports react to energy price variations. The last part contains recommendations for an economic policy

  19. Causal relationship between nuclear energy consumption and economic growth: A multi-country analysis

    International Nuclear Information System (INIS)

    Yoo, Seung-Hoon; Ku, Se-Ju

    2009-01-01

    This paper attempts to investigate the causal relationship between nuclear energy consumption and economic growth using the data from six countries among 20 countries that have used nuclear energy for more than 20 years until 2005. To this end, time-series techniques including the tests for unit roots, co-integration, and Granger-causality are employed to Argentina, France, Germany, Korea, Pakistan, and Switzerland. The main conclusion is that the causal relationship between nuclear energy consumption and economic growth is not uniform across countries. In the case of Switzerland, there exists bi-directional causality between nuclear energy consumption and economic growth. This means that an increase in nuclear energy consumption directly affects economic growth and that economic growth also stimulates further nuclear energy consumption. The uni-directional causality runs from economic growth to nuclear energy consumption without any feedback effects in France and Pakistan, and from nuclear energy to economic growth in Korea. However, any causality between nuclear energy consumption and economic growth in Argentina and Germany is not detected.

  20. Securing Gender Equality through a Nexus of Energy Policy Performance and Relative Political Performance

    Science.gov (United States)

    Perkins-Ozuagiemhe, Andrea Christen

    This dissertation presents what is believed to be the first empirical study that measures the effect of increasing access to modern household energy sources upon advancing gender equality within developing countries. As a powerful and fundamental public infrastructural socio-economic building block, improved access to modern energy in developing countries delivers the necessary economic ingredient of time as a major component of household production and consumption and captures the interdependence between market and household economies. Thus, because it has been empirically proven that men and women differ in their utilization of household energy with women spending more time engaged in non-market household labor than men, improving access to modern household energy in developing countries, especially in rural areas, theoretically would disproportionately affect women's lives. Essentially, the element of "time" not only extends the day for women to use towards more economically and educationally productive activities, but also lessens the burden of domestic chores from women with technological advancements in more time-efficient household appliances and cleaner modern energy sources. This dissertation introduces gender differentiation in a model in the form of a gender relative status composite measure comparing socio-economic achievements in secondary education, life expectancy, and labor force participation rates by varying degree of demographic transition, thereby, measuring the effect of improved access to modern household energy upon overall gender equality. Fixed effects panel regressions employing a Driscoll-Kraay non-parametric covariance matrix, and estimated and interpreted adjusted predictions and marginal effects of the two-way interaction between a country's available access to residential electric power (kWh per capita) and the level of relative political performance against predicted values of gender relative status are employed. The models confirm

  1. The economic impacts of energy efficiency

    International Nuclear Information System (INIS)

    Jean, R.

    1990-01-01

    Energy efficiency programs add to the costs incurred by electricity users in the short term and generate significant economic benefits in the medium and long term. Using the example of programs in development at Hydro-Quebec, it is shown that the net economic benefits surpass, in present value terms, the sums invested by the electric utility and the customer, corresponding to yields of over 100%. This benefit is the principal impact of energy conservation programs which also provide employment, for every dollar invested, of the same order as that provided by hydroelectric production (i.e. costs associated with construction of generating plants, transmission lines, and distribution facilities). This evaluation takes account of the structure of purchases of goods and services brought about by energy efficiency programs and their large import component. This result may be surprising since the hydroelectric industry is strongly integrated into the Quebec economy, but it is understandable when one takes into account the importance of distribution costs to small-scale users, which causes significant local activity even when imported products are involved, and the very intensive labor requirement for certain energy efficiency measures. In addition, the employment generated by energy efficiency investments is very diversified in terms of the range of skills used and its geographic dispersion. 2 figs., 4 tabs

  2. Environmental Proactivity and Environmental and Economic Performance: Evidence from the Winery Sector

    Directory of Open Access Journals (Sweden)

    Virginia Barba-Sánchez

    2016-10-01

    Full Text Available Environmental sustainability in the winery sector is receiving increased attention from governments, environmental groups, and consumers. The aim of this study is to explore the relationship between the degree of proactivity of a firm’s environmental strategies and its business performance. The novelty of this research work lies in its definition of business performance, which includes business environmental performance in terms of reducing the firm’s environmental impacts and eco-efficiency in the use of resources such as water, energy, and raw materials, in addition to its economic performance. A model is proposed and tested using a sample of 312 Spanish wineries. Data were analysed using partial least squares path modelling (PLS-PM. The fitness and robustness of the structural model proved adequate. The results indicate positive correlation of environmental proactivity with economic and environmental performance. Although environmental proactivity improves business performance, it has a greater impact on reducing environmental impacts and improving eco-efficiency.

  3. Regional analysis of residential water heating options: energy use and economics

    Energy Technology Data Exchange (ETDEWEB)

    O' Neal, D.; Carney, J.; Hirst, E.

    1978-10-01

    This report evaluates the energy and direct economic effects of introducing improved electric-water-heating systems to the residential market. These systems are: electric heat pumps offered in 1981, solar systems offered in 1977, and solar systems offered in 1977 with a Federal tax credit in effect from 1977 through 1984. The ORNL residential energy model is used to calculate energy savings by type of fuel for each system in each of the ten Federal regions and for the nation as a whole for each year between 1977 and 2000. Changes in annual fuel bills and capital costs for water heaters are also computed at the same level of detail. Model results suggest that heat-pump water heaters are likely to offer much larger energy and economic benefits than will solar systems, even with tax credits. This is because heat pumps provide about the same savings in electricity for water heating (about half) at a much lower capital cost ($700 to $2000) than do solar systems. However, these results are based on highly uncertain estimates of future performance and cost characteristics for both heat pump and solar systems. The cumulative national energy saving by the year 2000 due to commercialization of heat-pump water heaters in 1981 is estimated to be 1.5 QBtu. Solar-energy benefits are about half this much without tax credits and two-thirds as much with tax credits. The net economic benefit to households of heat-pump water heaters (present worth of fuel bill reductions less the present worth of extra costs for more-efficient systems) is estimated to be $640 million. Again, the solar benefits are much less.

  4. The relationship between economic growth, energy consumption, and CO{sub 2} emissions: Empirical evidence from China

    Energy Technology Data Exchange (ETDEWEB)

    Wang, Shaojian, E-mail: 1987wangshaojian@163.com [School of Geography and Planning, Sun Yat-Sen University, Guangzhou 510275 (China); Li, Qiuying [Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing 100101 (China); Fang, Chuanglin, E-mail: fangcl@igsnrr.ac.cn [Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing 100101 (China); Zhou, Chunshan [School of Geography and Planning, Sun Yat-Sen University, Guangzhou 510275 (China)

    2016-01-15

    Following several decades of rapid economic growth, China has become the largest energy consumer and the greatest emitter of CO{sub 2} in the world. Given the complex development situation faced by contemporary China, Chinese policymakers now confront the dual challenge of reducing energy use while continuing to foster economic growth. This study posits that a better understanding of the relationship between economic growth, energy consumption, and CO{sub 2} emissions is necessary, in order for the Chinese government to develop the energy saving and emission reduction strategies for addressing the impacts of climate change. This paper investigates the cointegrating, temporally dynamic, and casual relationships that exist between economic growth, energy consumption, and CO{sub 2} emissions in China, using data for the period 1990–2012. The study develops a comprehensive conceptual framework in order to perform this analysis. The results of cointegration tests suggest the existence of long-run cointegrating relationship among the variables, albeit with short dynamic adjustment mechanisms, indicating that the proportion of disequilibrium errors that can be adjusted in the next period will account for only a fraction of the changes. Further, impulse response analysis (which describes the reaction of any variable as a function of time in response to external shocks) found that the impact of a shock in CO{sub 2} emissions on economic growth or energy consumption was only marginally significant. Finally, Granger casual relationships were found to exist between economic growth, energy consumption, and CO{sub 2} emissions; specifically, a bi-directional causal relationship between economic growth and energy consumption was identified, and a unidirectional causal relationship was found to exist from energy consumption to CO{sub 2} emissions. The findings have significant implications for both academics and practitioners, warning of the need to develop and implement long

  5. Corporate sustainability: environmental, social, economic and corporate performance

    Directory of Open Access Journals (Sweden)

    Alena Kocmanová

    2011-01-01

    Full Text Available The article deals with corporate sustainability and environmental and social issues of the integration of corporate performance measurement that may lead to sustainable economic success. Sustainability is a strategy of the process of sustainable development. Sustainability of businesses and sustainable performance can be defined as an integration of environmental, social and economic performance. First and foremost, businesses will want to know what indicators can be used to measure environmental, social and economic performance. What is the mutual relationship between environmental, social and economic performance? How can firms arrive at a comprehensive assessment of their performance in relation to sustainability? The aim of this paper is to analyze corporate environmental, social and economic performance and to analyze their mutual relationships. The final part of the article is an assessment of the contemporary situation and draft Key Performance Indicators (KPI for assessment of corporate sustainability that will be the subject of further research in a selected NACE-CZ sector and in accordance with Corporate Sustainability Reporting. KPI provide businesses with a means of measuring progress toward achieving objectives.

  6. Causal independence between energy consumption and economic growth in Liberia: Evidence from a non-parametric bootstrapped causality test

    International Nuclear Information System (INIS)

    Wesseh, Presley K.; Zoumara, Babette

    2012-01-01

    This contribution investigates causal interdependence between energy consumption and economic growth in Liberia and proposes application of a bootstrap methodology. To better reflect causality, employment is incorporated as additional variable. The study demonstrates evidence of distinct bidirectional Granger causality between energy consumption and economic growth. Additionally, the results show that employment in Liberia Granger causes economic growth and apply irrespective of the short-run or long-run. Evidence from a Monte Carlo experiment reveals that the asymptotic Granger causality test suffers size distortion problem for Liberian data, suggesting that the bootstrap technique employed in this study is more appropriate. Given the empirical results, implications are that energy expansion policies like energy subsidy or low energy tariff for instance, would be necessary to cope with demand exerted as a result of economic growth in Liberia. Furthermore, Liberia might have the performance of its employment generation on the economy partly determined by adequate energy. Therefore, it seems fully justified that a quick shift towards energy production based on clean energy sources may significantly slow down economic growth in Liberia. Hence, the government’s target to implement a long-term strategy to make Liberia a carbon neutral country, and eventually less carbon dependent by 2050 is understandable. - Highlights: ► Causality between energy consumption and economic growth in Liberia investigated. ► There is bidirectional causality between energy consumption and economic growth. ► Energy expansion policies are necessary to cope with demand from economic growth. ► Asymptotic Granger causality test suffers size distortion problem for Liberian data. ► The bootstrap methodology employed in our study is more appropriate.

  7. Energy-economic policy modeling

    Science.gov (United States)

    Sanstad, Alan H.

    2018-01-01

    Computational models based on economic principles and methods are powerful tools for understanding and analyzing problems in energy and the environment and for designing policies to address them. Among their other features, some current models of this type incorporate information on sustainable energy technologies and can be used to examine their potential role in addressing the problem of global climate change. The underlying principles and the characteristics of the models are summarized, and examples of this class of model and their applications are presented. Modeling epistemology and related issues are discussed, as well as critiques of the models. The paper concludes with remarks on the evolution of the models and possibilities for their continued development.

  8. A method for economic optimization of energy performance and indoor environment in the design of sustainable buildings

    DEFF Research Database (Denmark)

    Hansen, Sanne; Vanhoutteghem, Lies

    2012-01-01

    that takes into account the indoor thermal environment. By use of the criterion of cost of conserved energy implemented in a Microsoft Excel sheet, a cost optimal design according to a targeted energy frame can be found. The resulting indoor thermal environment is then evaluated based on parametric analysis...... that an economic design solution with good indoor environment can be identified. The example also shows that in order to ensure that buildings have low energy consumption, at minimum extra cost, more appropriate products and solutions will have to become available on the market at a competitive price....

  9. A Proposal of Ecologic Taxes Based on Thermo-Economic Performance of Heat Engine Models

    Directory of Open Access Journals (Sweden)

    Fernando Angulo-Brown

    2009-11-01

    Full Text Available Within the context of Finite-Time Thermodynamics (FTT a simplified thermal power plant model (the so-called Novikov engine is analyzed under economical criteria by means of the concepts of profit function and the costs involved in the performance of the power plant. In this study, two different heat transfer laws are used, the so called Newton’s law of cooling and the Dulong-Petit’s law of cooling. Two FTT optimization criteria for the performance analysis are used: the maximum power regime (MP and the so-called ecological criterion. This last criterion leads the engine model towards a mode of performance that appreciably diminishes the engine’s wasted energy. In this work, it is shown that the energy-unit price produced under maximum power conditions is cheaper than that produced under maximum ecological (ME conditions. This was accomplished by using a typical definition of profits function stemming from economics. The MP-regime produces considerably more wasted energy toward the environment, thus the MP energy-unit price is subsidized by nature. Due to this fact, an ecological tax is proposed, which could be a certain function of the price difference between the MP and ME modes of power production.

  10. A proposal of ecologic taxes based on thermo-economic performance of heat engine models

    Energy Technology Data Exchange (ETDEWEB)

    Barranco-Jimenez, M. A. [Departamento de Ciencias Basicas, Escuela Superior de Computo del IPN, Av. Miguel Bernal Esq. Juan de Dios Batiz U.P. Zacatenco CP 07738, D.F. (Mexico); Ramos-Gayosso, I. [Unidad de Administracion de Riesgos, Banco de Mexico, 5 de Mayo, Centro, D.F. (Mexico); Rosales, M. A. [Departamento de Fisica y Matematicas, Universidad de las Americas, Puebla Exhacienda Sta. Catarina Martir, Cholula 72820, Puebla (Mexico); Angulo-Brown, F. [Departamento de Fisica, Escuela Superior de Fisica y Matematicas del IPN, Edif. 9 U.P. Zacatenco CP 07738, D.F. (Mexico)

    2009-07-01

    Within the context of Finite-Time Thermodynamics (FTT) a simplified thermal power plant model (the so-called Novikov engine) is analyzed under economical criteria by means of the concepts of profit function and the costs involved in the performance of the power plant. In this study, two different heat transfer laws are used, the so called Newton's law of cooling and the Dulong-Petit's law of cooling. Two FTT optimization criteria for the performance analysis are used: the maximum power regime (MP) and the so-called ecological criterion. This last criterion leads the engine model towards a mode of performance that appreciably diminishes the engine's wasted energy. In this work, it is shown that the energy-unit price produced under maximum power conditions is cheaper than that produced under maximum ecological (ME) conditions. This was accomplished by using a typical definition of profits function stemming from economics. The MP-regime produces considerably more wasted energy toward the environment, thus the MP energy-unit price is subsidized by nature. Due to this fact, an ecological tax is proposed, which could be a certain function of the price difference between the MP and ME modes of power production. (author)

  11. Business cycle and economic-wide energy intensity: The implications for energy conservation policy in Algeria

    International Nuclear Information System (INIS)

    Adom, Philip Kofi

    2015-01-01

    Despite the prevalence of voluntary and involuntary energy conservation policies, developing countries in Africa continue to struggle to achieve energy efficiency targets. Consequently, energy intensity levels have risen threatening the security of the energy system. This raises the important question: is there an economic state that induces agents to be energy conscious? In this study, we study the case of Algeria's energy intensity from 1971 to 2010. First, the paper argues that there is a certain economic state that economic agents find investing in energy conservation a viable option. Any state different from that would mean not investing in energy conservation. Second, the paper argues that the economy can do better even with an infinitesimal reduction in fuel subsidy, and that the gains in revenue from the policy can compensate for the negative socio-economic and equity impacts associated with such a policy. Third, the paper argues that, so long as, industrial expansion in the country move parallel with investment in technological innovation, long-term sustainable growth and energy conservation targets are jointly feasible. Fourth, the paper shows that income elasticity evolves with the business cycle, and the absorptive capability of the host country affects how FDI (foreign direct inflows) impact energy intensity. - Highlights: • Low income states inhibit fuel substitution and investment in energy conservation. • Income elasticity evolves as we pass through boom and recessionary periods. • The goals of sustainable growth and energy conservation are not mutually exclusive. • Absorptive capability affects the impact of FDI on energy intensity

  12. Economic models for battery energy storage

    International Nuclear Information System (INIS)

    Reckrodt, R.C.; Anderson, M.D.; Kluczny, R.M.

    1990-01-01

    While the technology required to produce viable Battery Energy Storage System exists, the economic feasibility (cost vs. benefits) of building these systems requires justification. First, a generalized decision diagram was developed to ensure that all of the economic factors were considered and properly related for the customer-side-of-the meter. Next, two economic models that had consistently given differing results were compared. One was the McKinney model developed at UM-Rolla in 1987; the second was the SYSPLAN model developed by Battelle. Differences were resolved on a point by point basis with reference to the current economic environment. The economic model was upgraded to include the best of both models based on the resolution of these differences. The upgrades were implemented as modifications to the original SYSPLAN (1986 version) to preserve user friendliness. In this paper four specific cases are evaluated and compared. The results are as predicted, since comparison was made with two known models

  13. Energy consumption and economic growth revisited in African countries

    Energy Technology Data Exchange (ETDEWEB)

    Eggoh, Jude C., E-mail: comlanvi-jude.eggoh@univ-orleans.fr [Laboratoire d' Economie d' Orleans (LEO), Universite d' Orleans, Rue de Blois, BP: 6739, 45067 Orleans Cedex 2 (France); Bangake, Chrysost [Laboratoire d' Economie d' Orleans (LEO), Universite d' Orleans, Rue de Blois, BP: 6739, 45067 Orleans Cedex 2 (France); Universite d' Artois and Laboratoire EQUIPPE, Lille 1, FSES, 59655 Villeneuve d' Ascq Cedex (France); Rault, Christophe [Laboratoire d' Economie d' Orleans (LEO), Universite d' Orleans, Rue de Blois, BP: 6739, 45067 Orleans Cedex 2 (France); Toulouse Business School (France)

    2011-11-15

    The aim of this paper is to provide new empirical evidence on the relationship between energy consumption and economic growth for 21 African countries over the period from 1970 to 2006, using recently developed panel cointegration and causality tests. The countries are divided into two groups: net energy importers and net energy exporters. It is found that there exists a long-run equilibrium relationship between energy consumption, real GDP, prices, labor and capital for each group of countries as well as for the whole set of countries. This result is robust to possible cross-country dependence and still holds when allowing for multiple endogenous structural breaks, which can differ among countries. Furthermore, we find that decreasing energy consumption decreases growth and vice versa, and that increasing energy consumption increases growth, and vice versa, and that this applies for both energy exporters and importers. Finally, there is a marked difference in the cointegration relationship when country groups are considered. - Highlights: > We assess the energy consumption and economic growth nexus in 21 African countries. > There exists a long-run relationship between energy consumption and economic growth. > This result is robust to cross-country dependence and for structural breaks. > Our findings finally support the feedback hypothesis of bidirectional causality.

  14. A dynamic optimization on economic energy efficiency in development: A numerical case of China

    International Nuclear Information System (INIS)

    Wang, Dong

    2014-01-01

    This paper is based on dynamic optimization methodology to investigate the economic energy efficiency issues in developing countries. The paper introduces some definitions about energy efficiency both in economics and physics, and establishes a quantitative way for measuring the economic energy efficiency. The linkage between economic energy efficiency, energy consumption and other macroeconomic variables is demonstrated primarily. Using the methodology of dynamic optimization, a maximum problem of economic energy efficiency over time, which is subjected to the extended Solow growth model and instantaneous investment rate, is modelled. In this model, the energy consumption is set as a control variable and the capital is regarded as a state variable. The analytic solutions can be derived and the diagrammatic analysis provides saddle-point equilibrium. A numerical simulation based on China is also presented; meanwhile, the optimal paths of investment and energy consumption can be drawn. The dynamic optimization encourages governments in developing countries to pursue higher economic energy efficiency by controlling the energy consumption and regulating the investment state as it can conserve energy without influencing the achievement of steady state in terms of Solow model. If that, a sustainable development will be achieved. - Highlights: • A new definition on economic energy efficiency is proposed mathematically. • A dynamic optimization modelling links economic energy efficiency with other macroeconomic variables in long run. • Economic energy efficiency is determined by capital stock level and energy consumption. • Energy saving is a key solution for improving economic energy efficiency

  15. Sustainable energy. Economic growth for the Netherlands with green potential

    International Nuclear Information System (INIS)

    Sijbesma, F.; Oudeman, M.

    2010-02-01

    Research of the economic potential and options for enhancing renewable energy in the Netherlands. The following research questions were addressed: What is the current and future economic value of renewable energy in the Netherlands?; What are the areas in which the Netherlands has a unique point of departure with respect to knowledge and activities?; How can the economic potential be optimally deployed? Can the opportunities be increased by making it a key area?; What are other ways are there to enhance the economic development?. [nl

  16. Solar energy system economic evaluation: IBM System 4, Clinton, Mississippi

    Science.gov (United States)

    1980-01-01

    An economic analysis of the solar energy system was developed for five sites, typical of a wide range of environmental and economic conditions in the continental United States. The analysis was based on the technical and economic models in the F-chart design procedure, with inputs based on the characteristic of the installed system and local conditions. The results are of the economic parameters of present worth of system cost over a 20 year time span: life cycle savings, year of positive savings and year of payback for the optimized solar energy system at each of the analysis sites. The sensitivity of the economic evaluation to uncertainties in constituent system and economic variables is also investigated.

  17. Approaches towards airport economic performance measurement

    Directory of Open Access Journals (Sweden)

    Ivana STRYČEKOVÁ

    2011-01-01

    Full Text Available The paper aims to assess how economic benchmarking is being used by airports as a means of performance measurement and comparison of major international airports in the world. The study focuses on current benchmarking practices and methods by taking into account different factors according to which it is efficient to benchmark airports performance. As methods are considered mainly data envelopment analysis and stochastic frontier analysis. Apart from them other approaches are discussed by airports to provide economic benchmarking. The main objective of this article is to evaluate the efficiency of the airports and answer some undetermined questions involving economic benchmarking of the airports.

  18. Performance of deep geothermal energy systems

    Science.gov (United States)

    Manikonda, Nikhil

    Geothermal energy is an important source of clean and renewable energy. This project deals with the study of deep geothermal power plants for the generation of electricity. The design involves the extraction of heat from the Earth and its conversion into electricity. This is performed by allowing fluid deep into the Earth where it gets heated due to the surrounding rock. The fluid gets vaporized and returns to the surface in a heat pipe. Finally, the energy of the fluid is converted into electricity using turbine or organic rankine cycle (ORC). The main feature of the system is the employment of side channels to increase the amount of thermal energy extracted. A finite difference computer model is developed to solve the heat transport equation. The numerical model was employed to evaluate the performance of the design. The major goal was to optimize the output power as a function of parameters such as thermal diffusivity of the rock, depth of the main well, number and length of lateral channels. The sustainable lifetime of the system for a target output power of 2 MW has been calculated for deep geothermal systems with drilling depths of 8000 and 10000 meters, and a financial analysis has been performed to evaluate the economic feasibility of the system for a practical range of geothermal parameters. Results show promising an outlook for deep geothermal systems for practical applications.

  19. Energy consumption and economic growth: Evidence from Cameroon

    International Nuclear Information System (INIS)

    Fondja Wandji, Yris D.

    2013-01-01

    The aim of this paper is to study the nature of the relationship between energy consumption and economic growth in Cameroon through a three-step approach: (i) Study the stationarity of the chronic, (ii) test of causality between variables and (iii) estimate the appropriate model. The study concludes in a non-stationarity of the series. Using the data in first difference, the Granger causality test yields a strong evidence for unidirectional causality running from OIL to GDP. Cointegration tests also show that these two series are co-integrated and the Error Correction Model (ECM) reveals that every percentage increase in Oil products consumption increases economic growth by around 1.1%. This result confirms the intuition that an economic policy aimed at improving energy supply will necessarily have a positive impact on economic growth. On the other side, a lack of energy is a major bottleneck for further economic development in Cameroon. - Highlights: • The series of GDP, ELECTRICITY, OIL and BIOFUELS are integrated of order 1. • The Granger causality test yields a unidirectional causality running from OIL to GDP. • No causal link between GDP and ELECTRICITY, and no more between GDP and BIOFUELS. • Cointegration tests also show that only OIL and GDP are co-integrated. • Every percentage increase in OIL increases GDP by around 1.1%

  20. Evolution of competition in energy alternative pathway and the influence of energy policy on economic growth

    International Nuclear Information System (INIS)

    Yang, Honglin; Wang, Lin; Tian, Lixin

    2015-01-01

    This work is devoted to the evolution of the competition of energy alternative pathway in China, and the influence of energy policy on economic growth by using a dynamical system method. Firstly, the relation between energy and economic growth is taken into account, and a dynamic evolution model is established. It is observed that Hopf bifurcation and chaotic behavior occurs with the varying investment in renewable energy production. Secondly, when there is no policy intervention in energy market, the evolution of competition in energy alternative pathway is also investigated. Thirdly, the system parameters are also identified by using an artificial neural network method on the basis of certain empirical statistical data in China, and the dynamics of the parameters-identified system are studied. Finally, the influences of energy policy on economic growth are empirically analyzed, and some policy recommendations are given based on the results of empirical analysis. - Highlights: • Modeling the energy economy system via the method of dynamic system. • Attaining the chaotic attractor of the energy production and economic system. • Discovering the Hopf bifurcation when the investment changes. • Proposing the alternative pathway of free competition in energy production. • Determining the turning points of parameters related to policy regulation

  1. An aggregated energy security performance indicator

    International Nuclear Information System (INIS)

    Martchamadol, Jutamanee; Kumar, S.

    2013-01-01

    Highlights: ► AESPI shows a country’s (or province’s) energy security status. ► AESPI considers social, economic and environmental aspects using 25 indicators. ► AESPI shows the impact of the trend of energy policies/measures. ► AESPI could be a tool for monitoring and evaluating the impact of energy policies. -- Abstract: An “Aggregated Energy Security Performance Indicator (AESPI)” has been developed by considering 25 individual indicators representing social, economy and environmental dimensions. The principle used, data required and the methodology for the development of AESPI have been detailed. AESPI requires time series data for its development and its value ranges from 0 to 10. The characteristics of AESPI have been compared with the existing indicators in terms of methodology, data requirements, analysis possible and the applications. The advantages of AESPI is that it not only assists in knowing the past energy security status of a country, but also helps in assessing the future status considering the energy policies and plans of the country, thus enabling the monitoring of the impacts of the policies.

  2. A critique of non-parametric efficiency analysis in energy economics studies

    International Nuclear Information System (INIS)

    Chen, Chien-Ming

    2013-01-01

    The paper reexamines non-additive environmental efficiency models with weakly-disposable undesirable outputs appeared in the literature of energy economics. These efficiency models are used in numerous studies published in this journal and other energy-related outlets. Recent studies, however, have found key limitations of the weak-disposability assumption in its application to environmental efficiency analysis. It is found that efficiency scores obtained from non-additive efficiency models can be non-monotonic in pollution quantities under the weak-disposability assumption — which is against common intuition and the principle of environmental economics. In this paper, I present taxonomy of efficiency models found in the energy economics literature and illustrate the above limitations and discuss implications of monotonicity from a practical viewpoint. Finally, I review the formulations for a variable returns-to-scale technology with weakly-disposable undesirable outputs, which has been misused in a number of papers in the energy economics literature. An application to evaluating the energy efficiencies of 23 European Union states is presented to illustrate the problem. - Highlights: • Review different environmental efficiency model used in energy economics studies • Highlight limitations of these environmental efficiency models • These limitations have not been recognized in the existing energy economics literature. • Data from 23 European Union states are used to illustrate the methodological consequences

  3. The Energy Economics of Financial Structuring for Renewable Energy Projects

    Science.gov (United States)

    Rana, Vishwajeet

    2011-12-01

    This dissertation focuses on the various financial structuring options for the renewable energy sector. The projects in this sector are capital-intensive to build but have relatively low operating costs in the long run when compared to traditional energy resources. The large initial capital requirements tend to discourage investors. To encourage renewable investments the government needs to provide financial incentives. Since these projects ultimately generate returns, the government's monetary incentives go to the sponsors and tax equity investors who build and operate such projects and invest capital in them. These incentives are usually in the form of ITCs, PTCs and accelerated depreciation benefits. Also, in some parts of the world, carbon credits are another form of incentive for the sponsors and equity investors to invest in such turnkey projects. The relative importance of these various considerations, however, differs from sponsor to sponsor, investor to investor and from project to project. This study focuses mainly on the US market, the federal tax benefits and incentives provided by the government. This study focuses on the energy economics that are used for project decision-making and parties involved in the transaction as: Project Developer/Sponsor, Tax equity investor, Debt investor, Energy buyer and Tax regulator. The study fulfils the knowledge gap in the decision making process that takes advantage of tax monetization in traditional after-tax analysis for renewable energy projects if the sponsors do not have the tax capacity to realize the total benefits of the project. A case-study for a wind farm, using newly emerging financial structures, validates the hypothesis that these renewable energy sources can meet energy industry economic criteria. The case study also helps to validate the following hypotheses: a) The greater a sponsor's tax appetite, the tower the sponsor's equity dilution. b) The use of leverage increases the cost of equity financing

  4. Variants of social-economic and energy development of Bulgaria up to 2010

    International Nuclear Information System (INIS)

    Tsvetanov, P.

    1990-01-01

    The development variants are formulated as the second stage of a procedure of energy-economy interrelations dynamics study, the other two stages being the scenarios description and the analysis of the development variants. This stage consists of interactive studies with the complex model of the economic developments (CMED), the model of the energy demand (MED) and the energy supplies model (ENERGO). The chapter presents a considerable in its depth and scope description of the energy consumption system developments, according to the alternative social economic and technological policies and also to the studies on the energy complex structure variants and the national energy balance. The economic development variants comprise 25 economic branch structures according to 6 basic economic indices. The energy demand development variants embrace the energy consumption system (including final energy demand, final electrical power demand of the industrial, transportation, household and services sectors), the energy supply system (fuel production and energy conversion) demand and the total energy demands of the country. The dynamics of the final energy demand is considered by 14 types of energy carriers. In addition a draft study on the implementation of gas turbine and combined cycle power plants in the electricity and heat production of the country is presented. 16 refs., 28 figs., 25 tab. (R.Ts.)

  5. Energy consumption, pollutant emissions and economic growth in South Africa

    Energy Technology Data Exchange (ETDEWEB)

    Menyah, Kojo [London Metropolitan Business School, London Metropolitan University (United Kingdom); Wolde-Rufael, Yemane [Independent Researcher (United Kingdom)

    2010-11-15

    This paper examines the long-run and the causal relationship between economic growth, pollutant emissions and energy consumption for South Africa for the period 1965-2006 in a multivariate framework which includes labour and capital as additional variables. Using the bound test approach to cointegration, we found a short-run as well as a long-run relationship among the variables with a positive and a statistically significant relationship between pollutant emissions and economic growth. Further, applying a modified version of the Granger causality test we also found a unidirectional causality running from pollutant emissions to economic growth; from energy consumption to economic growth and from energy consumption to CO{sub 2} emissions all without a feedback. The econometric evidence suggests that South Africa has to sacrifice economic growth or reduce its energy consumption per unit of output or both in order to reduce pollutant emissions. In the long-run however, it is possible to meet the energy needs of the country and at the same time reduce CO{sub 2} emissions by developing energy alternatives to coal, the main source of CO{sub 2} emissions. However, the econometric results upon which the policy suggestions are made should be interpreted with care, as they may not be sufficiently robust enough to categorically warrant the choice of an unpalatable policy option by South Africa. (author)

  6. [Analysis of grey correlation between energy consumption and economic growth in Liaoning Province, China.

    Science.gov (United States)

    Wang, Li; Xi, Feng Ming; Wang, Jiao Yue

    2016-03-01

    The contradiction between energy consumption and economic growth is increasingly prominent in China. Liaoning Province as one of Chinese heavy industrial bases, consumes a large amount of energy. Its economic development has a strong dependence on energy consumption, but the energy in short supply become more apparent. In order to further understand the relationship between energy consumption and economic growth and put forward scientific suggestions on low carbon development, we used the grey correlation analysis method to separately examine the relevance of economic growth with energy consumption industries and energy consumption varieties through analy sis of energy consumption and economic growth data in Liaoning Province from 2000 to 2012. The results showed that the wholesale and retail sector and hotel and restaurant sector were in the minimum energy consumption in all kinds of sectors, but they presented the closest connection with the economic growth. Although industry energy consumption was the maximum, the degree of connection between industry energy consumption and economic growth was weak. In all types of energy consumption, oil and hydro-power consumption had a significant connection with economic growth. However, the degree of connection of coal consumption with economic growth was not significant, which meant that coal utilization efficiency was low. In order to achieve low carbon and sustainable development, Liaoning Province should transform the economic growth mode, adjust industry structure, optimize energy structure, and improve energy utilization efficiency, especially promote producer services and develop clean and renewable energy.

  7. Energy-related environmental and economic performance analysis of two different types of electrically heated student residence halls

    Science.gov (United States)

    Amber, Khuram Pervez; Aslam, Muhammad Waqar

    2018-03-01

    Student residence halls occupy 26% of the total area of a typical university campus in the UK and are directly responsible for 24% of university's annual CO2 emissions. Based on five years measured data, this paper aims to investigate the energy-related environmental and economic performance of electrically heated residence halls in which space heating is provided by two different types of electric heaters, that is, panel heater (PHT) and storage heater (SHT). Secondly, using statistical and machine learning methods, the paper attempts to investigate the relationship between daily electricity consumption and five factors (ambient temperature, solar radiation, relative humidity, wind speed and type of day). Data analysis revealed that electricity consumption of both halls is mainly driven by ambient temperature only, whereas SHT residence has 39% higher annual electricity bill and emits 70% higher CO2 emissions on a per square metre basis compared to the PHT residence hall.

  8. Forthcoming break-even conditions of tokamak plasma performance for fusion energy development

    International Nuclear Information System (INIS)

    Hiwatari, Ryoji; Okano, Kunihiko; Asaoka, Yoshiyuki; Tokimatsu, Koji; Konishi, Satoshi; Ogawa, Yuichi

    2005-01-01

    The present study reveals forthcoming break-even conditions of tokamak plasma performance for the fusion energy development. The first condition is the electric break-even condition, which means that the gross electric power generation is equal to the circulating power in a power plant. This is required for fusion energy to be recognized as a suitable candidate for an alternative energy source. As for the plasma performance (normalized beta value β N , confinement improvement factor for H-mode HH, the ratio of plasma density to Greenwald density fn GW ), the electric break-even condition requires the simultaneous achievement of 1.2 N GW tmax =16 T, thermal efficiency η e =30%, and current drive power P NBI N ∼1.8, HH≠1.0, and fn GW ∼0.9, which correspond to the ITER reference operation parameters, have a strong potential to achieve the electric break-even condition. The second condition is the economic break-even condition, which is required for fusion energy to be selected as an alternative energy source in the energy market. By using a long-term world energy scenario, a break-even price for introduction of fusion energy in the year 2050 is estimated to lie between 65 mill/kWh and 135 mill/kWh under the constraint of 550 ppm CO 2 concentration in the atmosphere. In the present study, this break-even price is applied to the economic break-even condition. However, because this break-even price is based on the present energy scenario including uncertainties, the economic break-even condition discussed here should not be considered the sufficient condition, but a necessary condition. Under the conditions of B tmax =16 T, η e =40%, plant availability 60%, and a radial build with/without CS coil, the economic break-even condition requires β N ∼5.0 for 65 mill/kWh of lower break-even price case. Finally, the present study reveals that the demonstration of steady-state operation with β N ∼3.0 in the ITER project leads to the upper region of the break

  9. Achieving a secure energy future: Environmental and economic issues

    International Nuclear Information System (INIS)

    Pimentel, David; Herdendorf, M.; Eisenfeld, S.

    1994-01-01

    Energy, economics, and the environment are interdependent. Land, water, atmospheric, and biological resources are being degraded by current high energy consumption. U.S. energy consumption is the highest in the world and the U.S. Department of Energy reports that the United States has only about 10 years of known and potentially discoverable oil reserves. The U.S. should reduce its energy consumption by one half to help restore the quality of the environment while improving the American standard of living by strengthening the economy and increasing the number of jobs. Because of the interdependence of energy, economics, and the environment, energy efficiency and transition to renewable energy sources are critical. An estimated 40% of current energy consumption could be produced employing solar energy technologies, but would require about 20% of total U.S. land area. Therefore, the development of solar energy technologies to substitute for fossil energy is projected to compete for land required for agriculture and forestry as well as have other environmental impacts

  10. The economic costs of energy

    International Nuclear Information System (INIS)

    Brookes, L.G.

    1980-01-01

    At a recent symposium, the economic costs of nuclear power were examined in four lectures which considered; (1) The performance of different types, size and ages of nuclear power plants. (2) The comparison between coal and nuclear power costs based on the principle of net effective cash. (3) The capital requirements of a nuclear programme. (4) The comparative costs, now and in the future, of coal-fired and nuclear plants. It is concluded that uncertainties seem to get greater rather than smaller with time probably due to the high and fluctuating world inflation rates and the great uncertainty about world economic performance introduced by the politicising of world oil supplies. (UK)

  11. 'Decoupling' of economic growth and energy consumption - a new strategy of energy policy or merely a new

    Energy Technology Data Exchange (ETDEWEB)

    Horn, M

    1979-03-01

    The relations between the economic development and energy consumption is explained and their complexity is pointed out. The development of the official energy prognoses since 1973 and the development of economic growth and energy consumption from 1951-1976 show that these two developments had been linked together during certain periods but that the coefficient of elasticity shows a falling trend in the long term. The parameters determining the relation between economic growth and energy consumption are discussed: energy prices, capacity load, investments and technological innovations. At the same time the limits of a possible decoupling are demonstrated.

  12. U.S. Department of Energy FY 1994 and 1995 annual performance report

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1996-12-31

    This is the Department of Energy`s first Annual Performance Report. The topics of the report include a new era for the US DOE, sustainable energy, science and technology, national security--reducing the global nuclear danger, environmental quality, economic productivity through a competitive economy and the critical success factors--assessing the way the US DOE does business.

  13. Economic growth and energy consumption in Algeria: a causality analysis

    International Nuclear Information System (INIS)

    Cherfi, S.

    2011-01-01

    The purpose of this study is to review the causal link in the Granger sense, between energy consumption and economic growth in Algeria, to determine its implications for economic policy. The analysis was done based on Granger static and causality tests using statistical data on per capita primary energy consumption and gross domestic product per inhabitant in Algeria, over the 1965-2008 period. The results of the survey show that there is, in Algeria, a strong link between energy consumption per inhabitant and GDP per inhabitant. The results also suggest the lack of a long term impetus (no co-integration) between energy consumption and economic growth. In addition, there is a one-way causal link between GDP and energy consumption, i.e. the prior GDP data provides a better forecast of energy consumption level, but not the contrary. In other words, GDP explains consumption, not the contrary. (author)

  14. Compressed Air Energy Storage System Control and Performance Assessment Using Energy Harvested Index

    Directory of Open Access Journals (Sweden)

    Hanif SedighNejad

    2014-01-01

    Full Text Available In this paper a new concept for control and performance assessment of compressed air energy storage (CAES systems in a hybrid energy system is introduced. The proposed criterion, based on the concept of energy harvest index (HEI, measures the capability of a storage system to capture renewable energy. The overall efficiency of the CAES system and optimum control and design from the technical and economic point of view is presented. A possible application of this idea is an isolated community with significant wind energy resource. A case study reveals the usefulness of the proposed criterion in design, control and implementation of a small CAES system in a hybrid power system (HPM for an isolated community. Energy harvested index and its effectiveness in increasing the wind penetration rate in the total energy production is discussed.

  15. System performance and economic analysis of solar-assisted cooling/heating system

    KAUST Repository

    Huang, B.J.

    2011-11-01

    The long-term system simulation and economic analysis of solar-assisted cooling/heating system (SACH-2) was carried out in order to find an economical design. The solar heat driven ejector cooling system (ECS) is used to provide part of the cooling load to reduce the energy consumption of the air conditioner installed as the base-load cooler. A standard SACH-2 system for cooling load 3.5. kW (1. RT) and daily cooling time 10 h is used for case study. The cooling performance is assumed only in summer seasons from May to October. In winter season from November to April, only heat is supplied. Two installation locations (Taipei and Tainan) were examined.It was found from the cooling performance simulation that in order to save 50% energy of the air conditioner, the required solar collector area is 40m2 in Taipei and 31m2 in Tainan, for COPj=0.2. If the solar collector area is designed as 20m2, the solar ejector cooling system will supply about 17-26% cooling load in Taipei in summer season and about 21-27% cooling load in Tainan. Simulation for long-term performance including cooling in summer (May-October) and hot water supply in winter (November-April) was carried out to determine the monthly-average energy savings. The corresponding daily hot water supply (with 40°C temperature rise of water) for 20m2 solar collector area is 616-858L/day in Tainan and 304-533L/day in Taipei.The economic analysis shows that the payback time of SACH-2 decreases with increasing cooling capacity. The payback time is 4.8. years in Tainan and 6.2. years in Taipei when the cooling capacity >10. RT. If the ECS is treated as an additional device used as a protective equipment to avoid overheating of solar collectors and to convert the excess solar heat in summer into cooling to reduce the energy consumption of air conditioner, the payback time is less than 3 years for cooling capacity larger than 3. RT. © 2011 Elsevier Ltd.

  16. Energy consumption and energy R and D in OECD: Perspectives from oil prices and economic growth

    International Nuclear Information System (INIS)

    Leng Wong, Siang; Chia, Wai-Mun; Chang, Youngho

    2013-01-01

    We estimate the short-run and long-run elasticities of various types of energy consumption and energy R and D to changes in oil prices and income of the 20 OECD countries over the period of 1980–2010 using the Nerlove partial adjustment model (NPAM). We find negative income elasticity for coal consumption but positive income elasticity for oil and gas consumption suggesting the importance of economic growth in encouraging the usage of cleaner energy from coal to oil and gas. By introducing time dummies into the regressions, we show that climatic mitigation policies are able to promote the usage of cleaner energies. Through the dynamic linkages between energy consumption and energy R and D, we find that fossil fuel consumption promotes fossil fuel R and D and fossil fuel R and D in turn drives its own consumption. Renewable energy R and D which is more responsive to economic growth reduces fossil fuel consumption and hence fossil fuel R and D. - Highlights: • Economic growth encourages the use of cleaner forms of energy. • Economic growth promotes renewable energy R and D. • Subsidies for renewable energy R and D promote renewable energy consumption. • Fossil fuel R and D promotes fossil fuel consumption in countries with oil reserves. • Oil consumption reduces significantly with higher oil prices

  17. Techno-economic assessment for the integration into a multi-product plant based on cascade utilization of geothermal energy

    International Nuclear Information System (INIS)

    Rubio-Maya, Carlos; Pastor Martínez, Edgar; Romero, Carlos E.; Ambriz Díaz, Víctor M.; Pacheco-Ibarra, J. Jesús

    2016-01-01

    Highlights: • Cascade utilization of low- and mid-temperature geothermal energy is presented. • The system consists of three thermal levels producing power, ice and useful heat. • A techno-economic analysis is performed evaluating energy and economic benefits. • A simple optimization algorithm was developed to optimize system benefits. • Inconvenience of low thermal efficiency and high capital cost of ORC were overcome. - Abstract: The Organic Rankine Cycle (ORC) is a technology that has reached maturity in cogeneration or waste heat applications. However, due to low thermal efficiency and high capital cost of ORC machines, geothermal-based ORC applications represent only a small percent sharing of the geothermal power capacity worldwide. Several countries have reported a great potential of low- and mid-temperature geothermal energy, representing an opportunity to explore a more efficient ORC integration into non-conventional applications of geothermal energy. One alternative, resembling the polygeneration concept, is known as cascade utilization of geothermal energy, where different energy outputs or products can be obtained at the same time, while improving thermal and economic performance. In this paper, a techno-economic analysis for the selection of small capacity ORC machines and absorption chillers (for ice production), to be integrated into a polygeneration plant that makes use of geothermal energy in a cascade arrangement, is presented. A simple cascade system that consists of three sequential thermal levels, producing simultaneously power, ice and useful heat is proposed, considering typical temperatures of geothermal zones in Mexico. A simple optimization algorithm, based on energy and economic models, including binary variables and manufacturer’s data, was developed to evaluate and determine optimal ORC and absorption chiller units. Results show, firstly, that inconvenience of low thermal efficiency and high capital cost of ORC machines can

  18. Will history repeat itself? Economic convergence and convergence in energy use patterns

    International Nuclear Information System (INIS)

    Jakob, Michael; Haller, Markus; Marschinski, Robert

    2012-01-01

    In this paper, a difference-in-differences estimator on panel data for 30 developing and 21 industrialized countries is employed over the period 1971–2005 to examine how patterns of energy use (characterized by the consumption of primary energy carriers, sectoral energy use and carbon emissions) are changing in the process of economic development. For the average developing country in our sample, the results indicate that economic catch-up has been accompanied by above-average growth of the use of most primary energy carriers, the consumption of final energy in most sectors and total CO 2 emissions. For industrialized countries, we find that economic growth is partially decoupled from energy consumption and that above average rates of economic growth were accompanied by larger improvements in energy efficiency. These results emphasize the need to identify the relevant engines of economic growth, their implications for energy use and possibilities to achieve low-carbon growth centered on productivity and efficiency improvements rather than on capital accumulation. - Highlights: ► For developing countries, the hypothesis of ‘leap-frogging’ is rejected. ► For OECD countries, economic growth is partially decoupled from energy use. ► For OECD countries, higher rates of growth are related to energy efficiency improvements. ► Low-carbon growth requires productivity and efficiency improvements.

  19. Heterogeneity in Firm Performance During Economic Crisis

    Directory of Open Access Journals (Sweden)

    Sergio Bruni

    2014-06-01

    Full Text Available What happens to firms during periods of deep economic crisis? Did different types of firms perform differently under the economic crisis? With the aid of a rich database and focusing on the literature regarding the growth of firms, this paper investigates the relative profitability performance of Italian firms during the current economic crisis, exploring those factors, which help certain firms to do relatively better even in the slowdown period. Some preliminary results show that the Italian firms that are relatively young in age, with relatively better current liquidity and more focused on domestic market have performed better than other firms. Furthermore, firms operating in high-tech and in highly concentrated sectors have enjoyed a better performance in this period.

  20. THE EUROPEAN UNION’S QUEST FOR ENERGY POLICY: A GEO-ECONOMIC APPROACH

    Directory of Open Access Journals (Sweden)

    Alin Codoban

    2011-09-01

    Full Text Available The European Union’s external energy policy architecture is very important for further energy security and economic development. European normative power on its neighbours represents the most efficient way of integrating neighbouring energy markets, with the EU’s emerging internal market and, in perspective, through economic interdependence and complementarities, there are chances of creating an European geo-energy space. EU’s tools for shaping the geo-energy space are becoming more effective in an extended European economic area that would allow it to act as the main actor in a multilateral interconnected system of energy producer and transit countries. The result of the paper is materialized in a new paradigm for EU’s external energy policy, which can provide future security of supply through market institutions and an active economic diplomacy in the resource energy countries.

  1. Economic performance indicators of wind energy based on wind speed stochastic modeling

    International Nuclear Information System (INIS)

    D’Amico, Guglielmo; Petroni, Filippo; Prattico, Flavio

    2015-01-01

    Highlights: • We propose a new and different wind energy production indicator. • We compute financial profitability of potential wind power sites. • The wind speed process is modeled as an indexed semi-Markov chain. • We check if the wind energy is a good investment with and without incentives. - Abstract: We propose the computation of different wind energy production indicators and financial profitability of potential wind power sites. The computation is performed by modeling the wind speed process as an indexed semi-Markov chain to predict and simulate the wind speed dynamics. We demonstrate that the indexed semi-Markov chain approach enables reproducing the indicators calculated on real data. Two different time horizons of 15 and 30 years are analyzed. In the first case we consider the government incentives on the energy price now present in Italy, while in the second case the incentives have not been taken into account

  2. Is Fuel-Switching a No-Regrets Environmental Policy? VAR Evidence on Carbon Dioxide Emissions, Energy Consumption and Economic Performance in Portugal

    OpenAIRE

    Alfredo M. Pereira; Rui Manuel Marvão Pereira

    2009-01-01

    The objective of this paper is to estimate the impact of carbon dioxide emissions from fossil fuel combustion activities on economic activity in Portugal in order to evaluate the economic costs of policies designed to reduce carbon dioxide emissions. We find that energy consumption has a significant impact on macroeconomic activity. In fact, a one ton of oil equivalent permanent reduction in aggregate energy consumption reduces output by €6,340 over the long term, an aggregate impact which hi...

  3. Economizing justice: Turning equity claims into lower energy tariffs in Chile

    International Nuclear Information System (INIS)

    Alvial-Palavicino, Carla; Ureta, Sebastián

    2017-01-01

    This paper considers the issue of how energy justice is economized; how political and ethical claims about particular energy (in)justices are turned into economic valuations. Drawing on science and technology studies, we present a conceptual framework that understands economization as emerging from three interrelated processes: problematization, framing and overflowing. Applying this framework to the drafting of new energy legislation in Chile, we trace how perceived shortcomings in equity and distributional justice were turned into “market failures,” able to be resolved by market-based mechanisms. This case highlights the dangers implicit in the uncritical economization of energy justice claims, in which ethical considerations regarding the distribution of risks and benefits of energy production and provision are reduced to a redistribution of payments among consumers – something that limits the possibilities for structural reform. - Highlights: • The implementation of an electricity equity tariff is discussed. • A process of economization transforms equity demands into market devices. • Energy justice, as mobilized in the policy process, includes multiple forms of justice. • Competition between these multiple forms fails to deliver a complete form of justice.

  4. Energy, exergy and economic assessments of a novel integrated biomass based multigeneration energy system with hydrogen production and LNG regasification cycle

    International Nuclear Information System (INIS)

    Taheri, M.H.; Mosaffa, A.H.; Farshi, L. Garousi

    2017-01-01

    In this work, a novel integrated biomass based multigeneration energy system is presented and investigated for power, cooling and hydrogen production. The proposed system consists of a combination of biomass integrated gasifier-gas turbine cycle, a Rankine cycle, a cascade organic Rankine cycle, an absorption refrigeration system and a PEM to produce hydrogen. This system uses cold energy of LNG as a thermal sink. Comprehensive thermodynamic and economic analyses as well as an optimization are performed. The effects of operating parameters on thermodynamic performance and total cost rate are investigated for overall system and subsystems. The results show that the fuel mass flow rate is the dominant factor affecting the variation of energy efficiency and total cost rate. An increase in fuel mass flow rate from 4 kg s"−"1 to 10 kg s"−"1 leads to a decrease of 8.5% and an increase of 122.8% overall energy efficiency and total cost rate, respectively. Also, the largest increase in exergy efficiency occurs when gas turbine inlet temperature increases. The results of optimization showed that the highest net power output, mass flow rate of natural gas delivered to city and the flue gas temperature discharged to the environment are obtained for the exergy efficiency optimal design. - Highlights: • A novel multigeneration system is investigated and optimized thermodynamically and economically. • This system is proposed for power, cooling and hydrogen production. • Proposed system uses LNG cold energy thermal sink that can generate power after vaporization. • The effects of operating parameters on energy and exergy efficiencies and total cost rate are investigated. • An optimization is applied based on the energy, exergy and economic viewpoints.

  5. Nuclear energy and economic competitiveness in several normative systems

    International Nuclear Information System (INIS)

    Thomas, S.

    2009-01-01

    The serious challenge imposed by the necessity of reducing the gases emission of greenhouse effect in the electric generation sector, it has renovated the interest in the new plants construction of nuclear energy. Nevertheless, since the use of the nuclear energy began to descend ago more of 25 years, it is has speculated continually about the possible nuclear rebirth. Are such predictions based in solid basis or are mere groundless prognostics? The objective of the present document is to analyze the economic aspects of the nuclear energy, to identify the key factors that they allow to determine its competitiveness and to sound the possible markets for the new plants of nuclear energy. To achieve this, it is divided in the following sections: Revision of the current state of the nuclear energy, including the location, the type and capacity of the plants; Identification of the variables that determine the economic situation of the nuclear energy; Revision of the recent predictions and of the economic aspects of the Olkiluoto nuclear power plant of Finland; A revision by market of the possible future of the new nuclear facilities in the coming decade. (Author)

  6. Economic analysis of alternatives for optimizing energy use in manufacturing companies

    International Nuclear Information System (INIS)

    Méndez-Piñero, Mayra Ivelisse; Colón-Vázquez, Melitza

    2013-01-01

    The manufacturing companies are one of the main consumers of energy. The increment in global warming and the instability in the petroleum oil market have motivated companies to find alternatives to reduce energy use. In the academic literature several researchers have demonstrated that optimization models can be successfully used to reduce energy use. This research presents the use of an optimization model to identify feasible economic alternatives to reduce energy use. The economic analysis methods used were the payback and the internal rate of return. The optimization model developed in this research was applied and validated using an electronic manufacturing company case study. The results demonstrate that the main variables affecting the economic feasibility of the alternatives are the economic analysis method and the initial implementation costs. Several scenarios were analyzed and the best results show that the manufacturing company could save up to $78,000 in three years if the recommendations based on the optimization model results are implemented. - Highlights: • Evaluate top consumers of energy in manufacturing: A/C, compressed air, and lighting • Economic analysis of alternatives to optimize energy used in manufacturing • Comparison of payback method and internal rate of return method with real data • Results demonstrate that the company could generate savings in energy use

  7. Techno-economic prospects for CO2 capture from distributed energy systems, , 19(March 2013), 2013, pp. 328-347

    NARCIS (Netherlands)

    Kuramochi, T.; Ramirez, C.A.; Turkenburg, W.C.; Faaij, A.P.C.

    2013-01-01

    CO2 emissions from distributed energy systems are expected to become increasingly significant, accounting for about 20% for current global energy-related CO2 emissions in 2030. This article reviews, assesses and compares the techno-economic performance of CO2 capture from distributed energy systems

  8. Energy efficiency, human behavior, and economic growth: Challenges to cutting energy demand to sustainable levels

    Science.gov (United States)

    Santarius, Tilman

    2015-03-01

    Increasing energy efficiency in households, transportation, industries, and services is an important strategy to reduce energy service demand to levels that allow the steep reduction of greenhouse gases, and a full fledged switch of energy systems to a renewable basis. Yet, technological efficiency improvements may generate so-called rebound effects, which may `eat up' parts of the technical savings potential. This article provides a comprehensive review of existing research on these effects, raises critiques, and points out open questions. It introduces micro-economic rebound effect and suggests extending consumer-side analysis to incorporate potential `psychological rebound effects.' It then discusses meso-economic rebound effects, i.e. producer-side and market-level rebounds, which so far have achieved little attention in the literature. Finally, the article critically reviews evidence for macro-economic rebound effects as energy efficiency-induced economic growth impacts. For all three categories, the article summarizes assessments of their potential quantitative scope, while pointing out remaining methodological weaknesses and open questions. As a rough "rule of thumb", in the long term and on gross average, only half the technical savings potential of across-the-board efficiency improvements may actually be achieved in the real world. Policies that aim at cutting energy service demand to sustainable levels are well advised to take due note of detrimental behavioral and economic growth impacts, and should foster policies and measures that can contain them.

  9. Energy alternatives for irrigation pumping: an economic analysis for northern India.

    OpenAIRE

    Bhatia R

    1984-01-01

    ILO pub-WEP pub. Working paper presenting an economic analysis of alternative energy sources for irrigation pumping in Northern India - considers economic and technical aspects of photovoltaic pumping systems, solar energy systems, electric power, dual-fuel and diesel engines, Biogas and wind power; discusses economic and social development aspects. Abbreviations, bibliography, glossary and tables.

  10. Project management for economical nuclear energy

    International Nuclear Information System (INIS)

    Majerle, P.P.

    2005-01-01

    The price of electricity is significantly influenced by the cost of the initial generation asset. The cost of the initial nuclear generation asset is significantly influenced by the design and construction duration. Negative variations in the cost and duration of actual design and construction have historically impacted the early relative economics of nuclear power generation. Successful management of plant design information will mitigate the risks of the design and construction of future nuclear plants. Information management tools that can model the integrated delivery of large complex projects enable the project owners to accurately evaluate project progress, as well as the economic impact of regulatory, political, or market activities not anticipated in the project execution plan. Significant differences exist in the electrical energy markets, project delivery models, and fuel availability between continents and countries. However, each market and project delivery model is challenged by the need to produce economical electrical energy. The information management system presented in this paper provides a means to capture in a single integrated computerized database the design information developed during plant design, procurement, and construction and to allow this information to be updated and retrieved in real time by all project participants. Utilization of the information management system described herein will enable diverse project teams to rapidly and reliably input, share, and retrieve power plant information, thereby supporting project management's goal to make good on its commitment to the economic promise of tomorrow's nuclear electrical power generation by achieving cost-effective construction. (authors)

  11. Local versus Global Environmental Performance of Dairying and Their Link to Economic Performance: A Case Study of Swiss Mountain Farms

    Directory of Open Access Journals (Sweden)

    Nina Repar

    2016-12-01

    Full Text Available Complying with the carrying capacity of local and global ecosystems is a prerequisite to ensure environmental sustainability. Based on the example of Swiss mountain dairy farms, the goal of our research was firstly to investigate the relationship between farm global and local environmental performance. Secondly, we aimed to analyse the relationship between farm environmental and economic performance. The analysis relied on a sample of 56 Swiss alpine dairy farms. For each farm, the cradle-to-farm-gate life cycle assessment was calculated, and the quantified environmental impacts were decomposed into their on- and off-farm parts. We measured global environmental performance as the digestible energy produced by the farm per unit of global environmental impact generated from cradle-to-farm-gate. We assessed local environmental performance by dividing farm-usable agricultural area by on-farm environmental impact generation. Farm economic performance was measured by work income per family work unit, return on equity and output/input ratio. Spearman’s correlation analysis revealed no significant relationship, trade-offs or synergies between global and local environmental performance indicators. Interestingly, trade-offs were observed far more frequently than synergies. Furthermore, we found synergies between global environmental and economic performance and mostly no significant relationship between local environmental and economic performance. The observed trade-offs between global and local environmental performance mean that, for several environmental issues, any improvement in global environmental performance will result in deterioration of local environmental performance and vice versa. This finding calls for systematic consideration of both dimensions when carrying out farm environmental performance assessments.

  12. NEW DEVELOPMENTS IN COVERAGE OF ECONOMIC PERFORMANCE

    Directory of Open Access Journals (Sweden)

    Ioan Beudean

    2012-01-01

    Full Text Available The absence of consensus in definition and economic assessment performance does not take as linguistic valences of the concept as such, as the system of diverging interests of its contents. Can be felt in the case of this major economic concept as well as other economic categories, the power influence of different interveners (not necessarily from know better ones, which will determine and impose the dominant message. Current financial capital, created and imposed an obviously own vision about performance that would serve its interests.

  13. The Relationship Between Energy Consumption and Economic ...

    African Journals Online (AJOL)

    As evidenced from the study, causality runs from energy consumption to economic growth. Energy consumption in Nigeria is mainly based on the use of fossil fuels which is non-renewable. Therefore, in order to actualize its vision of becoming one of the 20th largest economies in the World by the year 2020, government ...

  14. Different heating systems for single family house: Energy and economic analysis

    Directory of Open Access Journals (Sweden)

    Turanjanin Valentina M.

    2016-01-01

    Full Text Available The existing building stock energy consumption accounts for about 38% of final energy consumption in Republic of Serbia. 70% of that energy is consumed by residential sector, mostly for space heating. This research is addressed to the single family house building placed in the Belgrade city. The house has ground and first floor with total heating area of 130 m2 and pellet as space heating source. The aim of this paper is to evaluate energy and economic analysis for different heating systems. Several homeheating were compared: Option 1 (biomass combustion boiler using pellet as a fuel, Option 2 (gas combustion boiler and Option 3 (heat pump. The building performance was evaluated by TRNSYS 17 simulation code. Results show estimated savings using renewable energy sources. [Projekat Ministarstva nauke Republike Srbije, br. III42008

  15. CO2 emissions, energy consumption and economic growth in China: A panel data analysis

    International Nuclear Information System (INIS)

    Wang, S.S.; Zhou, D.Q.; Zhou, P.; Wang, Q.W.

    2011-01-01

    This paper examines the causal relationships between carbon dioxide emissions, energy consumption and real economic output using panel cointegration and panel vector error correction modeling techniques based on the panel data for 28 provinces in China over the period 1995-2007. Our empirical results show that CO 2 emissions, energy consumption and economic growth have appeared to be cointegrated. Moreover, there exists bidirectional causality between CO 2 emissions and energy consumption, and also between energy consumption and economic growth. It has also been found that energy consumption and economic growth are the long-run causes for CO 2 emissions and CO 2 emissions and economic growth are the long-run causes for energy consumption. The results indicate that China's CO 2 emissions will not decrease in a long period of time and reducing CO 2 emissions may handicap China's economic growth to some degree. Some policy implications of the empirical results have finally been proposed. - Highlights: → We conduct a panel data analysis of the energy-CO 2 -economy nexus in China. → CO 2 emissions, energy use and economic growth appear to be cointegrated. → There exists bidirectional causality between energy consumption and economic growth. → Energy consumption and economic growth are the long-run causes for CO 2 emissions.

  16. Solar energy system economic evaluation for Seeco Lincoln, Lincoln, Nebraska

    Science.gov (United States)

    1980-01-01

    The economic analysis of the solar energy system that was installed at Lincoln, Nebraska is developed for this and four other sites typical of a wide range of environmental and economic conditions in the continental United States. This analysis is accomplished based on the technical and economic models in the f chart design procedure with inputs based on the characteristics of the installed system and local conditions. The results are expressed in terms of the economic parameters of present worth of system cost over projected twenty year life: life cycle savings, year of positive savings and year of payback for the optimized solar energy system at each of the analysis sites. The sensitivity of the economic evaluation to uncertainties in constituent system and economic variables is also investigated.

  17. Solar energy's economic and social benefits

    International Nuclear Information System (INIS)

    Scheer, H.

    1995-01-01

    There are numerous indications that solar energy is far more than a mere stopgap measure to escape from the present environmental crisis. These include the natural as well as the developed, and still developing, technological potential of solar energy; the vast opportunities offered by abandoning destructive energy sources; and, not least, the new industrial perspectives arising from the conversion of our energy system. In addition to the environmental benefits, solar energy will bring about major economic and social gains. The creation of a solar energy system offers an unexpected and unique chance to release industrial society from the harmful consequences of the Industrial Revolution and to make available its positive accomplishments - particularly the social, democratic and cultural opportunities made possible by freeing mankind from slave labour - to all of mankind. Destruction of the environment is the greatest danger for industrialized societies pursuing economic growth, but it is not the only one. The Western high culture of welfare states is evidently a thing of the past. Created by the pressure of social movements that emerged in the Industrial Revolution, they stabilized capitalism by making it more responsive to the social needs in its strongholds. But both old and new contradictions, as well as the growth of welfare costs, lead to the conclusion that the future of the industrial system is increasingly seen only in terms of jettisoning its social obligations. Political democracy will then once more be in danger. Modern history is unable to provide an example of a stable democracy based on permanent mass misery

  18. The economic performance of regions in the Czech Republic

    Directory of Open Access Journals (Sweden)

    Lenka Procházková

    2013-01-01

    Full Text Available Regional development in the Czech Republic contributed to the fact that at present none of the regions is significant backward compared to other. Individual regions have shown among themselves certain differences. This applies in particular to the economic performance of regions. This paper introduce results of our research. Main aim of the work was to indentify economic performace affecting factors of regions NUTS 3 in Czech Republic. It was necessary to define quantity of economic performance to meet this goal. We used them to create method of valuating economic performance of regions. We weighed quantities (e.g. GDP, unemployment rate, net disposable income according to their importance. This procedure was applied to individual regions. We determined the level of economic performance of Czech regions. We present overview of factors and using statistical methods we test their importance to the economic performance of Czech regions.

  19. Energy consumption, prices and economic growth in three SSA countries: A comparative study

    International Nuclear Information System (INIS)

    Odhiambo, Nicholas M.

    2010-01-01

    In this paper we examine the causal relationship between energy consumption and economic growth in three sub-Saharan African countries, namely South Africa, Kenya and Congo (DRC). We incorporate prices as an intermittent variable in a bivariate setting between energy consumption and economic growth-thereby creating a simple trivariate framework. Using the ARDL-bounds testing procedure, we find that the causality between energy consumption and economic growth varies significantly across the countries under study. The results show that for South Africa and Kenya there is a unidirectional causal flow from energy consumption to economic growth. However, for Congo (DRC) it is economic growth that drives energy consumption. These findings have important policy implications insofar as energy conservation policies are concerned. In the case of Congo (DRC), for example, the implementation of energy conservation policies may not significantly affect economic growth because the country's economy is not entirely energy dependent. However, for South Africa and Kenya there is a need for more energy supply augmentations in order to cope with the long-run energy demand. In the short-run, however, the two countries should explore more efficient and cost-effective sources of energy in order to address the energy dependency problem.

  20. How energy conversion drives economic growth far from the equilibrium of neoclassical economics

    International Nuclear Information System (INIS)

    Kümmel, Reiner; Lindenberger, Dietmar

    2014-01-01

    Energy conversion in the machines and information processors of the capital stock drives the growth of modern economies. This is exemplified for Germany, Japan, and the USA during the second half of the 20th century: econometric analyses reveal that the output elasticity, i.e. the economic weight, of energy is much larger than energy's share in total factor cost, while for labor just the opposite is true. This is at variance with mainstream economic theory according to which an economy should operate in the neoclassical equilibrium, where output elasticities equal factor cost shares. The standard derivation of the neoclassical equilibrium from the maximization of profit or of time-integrated utility disregards technological constraints. We show that the inclusion of these constraints in our nonlinear-optimization calculus results in equilibrium conditions, where generalized shadow prices destroy the equality of output elasticities and cost shares. Consequently, at the prices of capital, labor, and energy we have known so far, industrial economies have evolved far from the neoclassical equilibrium. This is illustrated by the example of the German industrial sector evolving on the mountain of factor costs before and during the first and the second oil price explosion. It indicates the influence of the ‘virtually binding’ technological constraints on entrepreneurial decisions, and the existence of ‘soft constraints’ as well. Implications for employment and future economic growth are discussed. (paper)

  1. How energy conversion drives economic growth far from the equilibrium of neoclassical economics

    Science.gov (United States)

    Kümmel, Reiner; Lindenberger, Dietmar

    2014-12-01

    Energy conversion in the machines and information processors of the capital stock drives the growth of modern economies. This is exemplified for Germany, Japan, and the USA during the second half of the 20th century: econometric analyses reveal that the output elasticity, i.e. the economic weight, of energy is much larger than energy's share in total factor cost, while for labor just the opposite is true. This is at variance with mainstream economic theory according to which an economy should operate in the neoclassical equilibrium, where output elasticities equal factor cost shares. The standard derivation of the neoclassical equilibrium from the maximization of profit or of time-integrated utility disregards technological constraints. We show that the inclusion of these constraints in our nonlinear-optimization calculus results in equilibrium conditions, where generalized shadow prices destroy the equality of output elasticities and cost shares. Consequently, at the prices of capital, labor, and energy we have known so far, industrial economies have evolved far from the neoclassical equilibrium. This is illustrated by the example of the German industrial sector evolving on the mountain of factor costs before and during the first and the second oil price explosion. It indicates the influence of the ‘virtually binding’ technological constraints on entrepreneurial decisions, and the existence of ‘soft constraints’ as well. Implications for employment and future economic growth are discussed.

  2. Investigation of international energy economics. [Use of econometric model EXPLOR

    Energy Technology Data Exchange (ETDEWEB)

    Deonigi, D.E.; Clement, M.; Foley, T.J.; Rao, S.A.

    1977-03-01

    The Division of International Affairs of the Energy Research and Development Administration is assessing the long-range economic effects of energy research and development programs in the U.S. and other countries, particularly members of the International Energy Agency (IEA). In support of this effort, a program was designed to coordinate the capabilities of five research groups--Rand, Virginia Polytechnic Institute, Brookhaven National Laboratory, Lawrence Livermore Laboratory, and Pacific Northwest Laboratory. The program could evaluate the international economics of proposed or anticipated sources of energy. This program is designed to be general, flexible, and capable of evaluating a diverse collection of potential energy (nuclear and nonnuclear) related problems. For example, the newly developed methodology could evaluate the international and domestic economic impact of nuclear-related energy sources, but also existing nonnuclear and potential energy sources such as solar, geothermal, wind, etc. Major items to be included would be the cost of exploration, cost of production, prices, profit, market penetration, investment requirements and investment goods, economic growth, change in balance of payments, etc. In addition, the changes in cost of producing all goods and services would be identified for each new energy source. PNL developed (1) a means of estimating the demands for major forms of energy by country, and (2) a means of identifying results or impacts on each country. The results for each country were then to be compared to assess relative advantages. PNL relied on its existing general econometric model, EXPLOR, to forecast the demand for energy by country. (MCW)

  3. Energy expenditure, economic growth, and the minimum EROI of society

    International Nuclear Information System (INIS)

    Fizaine, Florian; Court, Victor

    2016-01-01

    We estimate energy expenditure for the US and world economies from 1850 to 2012. Periods of high energy expenditure relative to GDP (from 1850 to 1945), or spikes (1973–74 and 1978–79) are associated with low economic growth rates, and periods of low or falling energy expenditure are associated with high and rising economic growth rates (e.g. 1945–1973). Over the period 1960–2010 for which we have continuous year-to-year data for control variables (capital formation, population, and unemployment rate) we estimate that, statistically, in order to enjoy positive growth, the US economy cannot afford to spend more than 11% of its GDP on energy. Given the current energy intensity of the US economy, this translates in a minimum societal EROI of approximately 11:1 (or a maximum tolerable average price of energy of twice the current level). Granger tests consistently reveal a one way causality running from the level of energy expenditure (as a fraction of GDP) to economic growth in the US between 1960 and 2010. A coherent economic policy should be founded on improving net energy efficiency. This would yield a “double dividend”: increased societal EROI (through decreased energy intensity of capital investment), and decreased sensitivity to energy price volatility. - Highlights: •We estimate energy expenditures as a fraction of GDP for the US, the world (1850–2012), and the UK (1300–2008). •Statistically speaking, the US economy cannot afford to allocate more than 11% of its GDP to energy expenditures in order to have a positive growth rate. •This corresponds to a maximum tolerable average price of energy of twice the current level. •In the same way, US growth is only possible if its primary energy system has at least a minimum EROI of approximately 11:1.

  4. Forthcoming Break-Even Conditions of Tokamak Plasma Performance for Fusion Energy Development

    Science.gov (United States)

    Hiwatari, Ryoji; Okano, Kunihiko; Asaoka, Yoshiyuki; Tokimatsu, Koji; Konishi, Satoshi; Ogawa, Yuichi

    The present study reveals forthcoming break-even conditions of tokamak plasma performance for the fusion energy development. The first condition is the electric break-even condition, which means that the gross electric power generation is equal to the circulating power in a power plant. This is required for fusion energy to be recognized as a suitable candidate for an alternative energy source. As for the plasma performance (normalized beta value ΒN), confinement improvement factor for H-mode HH, the ratio of plasma density to Greenwald density fnGW), the electric break-even condition requires the simultaneous achievement of 1.2 market. By using a long-term world energy scenario, a break-even price for introduction of fusion energy in the year 2050 is estimated to lie between 65 mill/kWh and 135 mill/kWh under the constraint of 550 ppm CO2 concentration in the atmosphere. In the present study, this break-even price is applied to the economic break-even condition. However, because this break-even price is based on the present energy scenario including uncertainties, the economic break-even condition discussed here should not be considered the sufficient condition, but a necessary condition. Under the conditions of Btmax = 16 T, ηe = 40 %, plant availability 60 %, and a radial build with/without CS coil, the economic break-even condition requires ΒN ˜ 5.0 for 65 mill/kWh of lower break-even price case. Finally, the present study reveals that the demonstration of steady-state operation with ΒN ˜ 3.0 in the ITER project leads to the upper region of the break-even price in the present world energy scenario, which implies that it is necessary to improve the plasma performance beyond that of the ITER advanced plasma operation.

  5. Factors influencing economic performance of the South Moravian Region

    Directory of Open Access Journals (Sweden)

    Iva Živělová

    2011-01-01

    Full Text Available The paper deals with selected factors influencing economic performance of the South Moravian Region in the years 2003–2009. The economic performance of the region is evaluated by means of a contribution to the Gross Domestic Product of the Czech Republic. Considering the fact that the level of economic activity depends on the exploitation rate of production factors in the considered region, both development of soil exploitation rate and development of labour market indicators correlated with working force utilization are analysed, a number of employed adults and registered unemployment are taken into consideration. Attention is paid to the economic activity rate. The formation of the Gross Fixed Capital, which an assumption of favourable economic performance, and development of Gross Added Value are evaluated.All the regions nowadays fumble with the negative impacts of the economic crisis. According to the analysis of the economic performance of the South Moravian Region and the analysis of the factors influencing this performance, it could be stated, that the development of the South Moravian Region could be evaluated quite positively.

  6. Measuring energy efficiency in economics: Shadow value approach

    Science.gov (United States)

    Khademvatani, Asgar

    For decades, academic scholars and policy makers have commonly applied a simple average measure, energy intensity, for studying energy efficiency. In contrast, we introduce a distinctive marginal measure called energy shadow value (SV) for modeling energy efficiency drawn on economic theory. This thesis demonstrates energy SV advantages, conceptually and empirically, over the average measure recognizing marginal technical energy efficiency and unveiling allocative energy efficiency (energy SV to energy price). Using a dual profit function, the study illustrates how treating energy as quasi-fixed factor called quasi-fixed approach offers modeling advantages and is appropriate in developing an explicit model for energy efficiency. We address fallacies and misleading results using average measure and demonstrate energy SV advantage in inter- and intra-country energy efficiency comparison. Energy efficiency dynamics and determination of efficient allocation of energy use are shown through factors impacting energy SV: capital, technology, and environmental obligations. To validate the energy SV, we applied a dual restricted cost model using KLEM dataset for the 35 US sectors stretching from 1958 to 2000 and selected a sample of the four sectors. Following the empirical results, predicted wedges between energy price and the SV growth indicate a misallocation of energy use in stone, clay and glass (SCG) and communications (Com) sectors with more evidence in the SCG compared to the Com sector, showing overshoot in energy use relative to optimal paths and cost increases from sub-optimal energy use. The results show that energy productivity is a measure of technical efficiency and is void of information on the economic efficiency of energy use. Decomposing energy SV reveals that energy, capital and technology played key roles in energy SV increases helping to consider and analyze policy implications of energy efficiency improvement. Applying the marginal measure, we also

  7. Technical and Economic Potential of Distributed Energy Storages for the Integration of Renewable Energy

    DEFF Research Database (Denmark)

    Sveinbjörnsson, Dadi Þorsteinn; Trier, Daniel; Hansen, Kenneth

    Very high penetration of fluctuating renewable energy sources can lead to new challenges in balancing energy supply and demand in future energy systems. This work, carried out as a part of Annex 28 of the IEA ECES programme, addresses this. The aim of the study is to identify which role decentral...... indicate that sector coupling along with an intelligent choice of distributed energy storage technologies can enable the integration of large shares of fluctuating renewable energy in an energy efficient and cost-effective way.......Very high penetration of fluctuating renewable energy sources can lead to new challenges in balancing energy supply and demand in future energy systems. This work, carried out as a part of Annex 28 of the IEA ECES programme, addresses this. The aim of the study is to identify which role...... decentralised energy storages (DES) should play in integrating fluctuating renewable energy sources. The technical and economic potential for DES solutions is quantified using energy system modelling, and it is identified which DES technologies have the largest total (technical and economic) potential. For this...

  8. Energy and economic analysis of total energy systems for residential and commercial buildings. [utilizing waste heat recovery techniques

    Science.gov (United States)

    Maag, W. L.; Bollenbacher, G.

    1974-01-01

    Energy and economic analyses were performed for an on-site power-plant with waste heat recovery. The results show that for any specific application there is a characteristic power conversion efficiency that minimizes fuel consumption, and that efficiencies greater than this do not significantly improve fuel consumption. This type of powerplant appears to be a reasonably attractive investment if higher fuel costs continue.

  9. Incentive of the economic potential of sustainable energy for the Netherlands

    International Nuclear Information System (INIS)

    Van der Slot, A.; Althoff, J.; Van den Berg, W.

    2010-02-01

    An overview is given of the economic potential of renewable energy for the Netherlands and the incentives needed to realize this potential. Answers are given to the following questions: (1) What is the current and future economic value of sustainable energy in the Netherlands?; (2) In what areas the Netherlands has a unique position in terms of knowledge and activities?; and (3) How can renewable energy be promoted and how can renewable energy be compared with other key areas? The scope of the study is limited to renewable energy technologies that actually contribute to CO2 reduction, security of supply and affordability. The focus is on renewable energy technologies that provide new products or services, and thus directly contribute to an increase of economic activity in the Netherlands. [nl

  10. Emerging nuclear energy systems: Economic challenge: Revision 1

    International Nuclear Information System (INIS)

    Nuckolls, J.H.

    1986-01-01

    Future nuclear energy systems may achieve substantially lower energy costs than those of existing fossil energy systems and comparable capital costs. Such low cost nuclear energy would provide a strong economic incentive to minimize the use of fossil fuels. If these low cost nuclear energy systems emerge in the next few decades, 21st century civilization may be able to avert potentially disastrous CO 2 induced global climate changes. 12 refs., 1 fig

  11. Asia energy mixes from socio-economic and environmental perspectives

    International Nuclear Information System (INIS)

    Thavasi, V.; Ramakrishna, S.

    2009-01-01

    Sustainable clean energy is the top social, economic, and environmental agenda of political leaders, policy makers, enlightened business executives, and civil society in Asia. Strong economic growth in Asia has caused a great demand for energy which has resulted in an enormous increase in CO 2 emissions. The association of Southeast Asian nations (ASEAN), India, China, South Korea and Japan are the most important regions in Asia as their economies have been growing steadily. These countries though heavily dependent on fossil fuels have stepped up their measures towards low-carbon society amid domestic affordability challenges and changing global mindset. This report highlights the current energy scenario in these countries and their effort towards an affordable and sustainable clean energy future. The energy policy to enhance energy security and improve environmental sustainability is also explicated in this article. (author)

  12. Energy Economics: A Place for Energy Poverty in the Agenda?

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2006-07-01

    The global energy system faces three major strategic challenges in the coming decades: the growing risk of disruptions to energy supply; the threat of environmental damage caused by energy production and use; and persistent energy poverty. The first two challenges have attracted a lot of attention from the energy-economics community, much less so the need to address the problem of energy under-development. On current trends, the number of people in poor countries relying primarily on traditional biomass for their energy needs will continue to rise, while the number lacking access to electricity will barely fall. To change this course, decisive policy action is needed urgently as part of the broader process of human development. Meeting basic human needs, such as food and shelter, must be at the heart of any strategy to alleviate poverty.

  13. Economics, modeling, planning and management of energy

    International Nuclear Information System (INIS)

    Rogner, H.H.; Khan, A.M.; Furlan, G.

    1989-01-01

    The Workshop attended by 89 participants from 40 countries aimed to provide participants with an overview of global and regional issues and to familiarize them with analytical tools and modeling techniques appropriate for the analysis and planning of national energy systems. Emphasis was placed on energy-economy-interaction, modelling for balancing energy demand and supply, technical-economic evaluation of energy supply alternatives and energy demand management. This volume presents some of the lectures delivered at the Workshop. The material has been organized in five parts under the headings General Review of Current Energy Trends, Energy and Technology Menu, Basic Analytical Approaches, Energy Modeling and Planning, and Energy Management and Policy. A separate abstract was prepared for each of the lectures presented. Refs, figs and tabs

  14. Energy indicators series: analyzing the energy-related evidence of economic transition in the Pacific Rim

    International Nuclear Information System (INIS)

    Paga, Enrique; Birol, Fatih

    1992-01-01

    In recent years, much attention has been focused upon the Asian Pacific countries as constituting an economic 'miracle' over the last two decades. Economic growth in the Pacific Rim has been higher than in any other area of the world. The rapid industrialization process and its impact on the economies of these countries, at both macro and micro levels, are discussed widely in the economic literature. Of particular interest are the fundamental structural changes these countries have experienced in their transition to industrialized economies. This instalment of the annual 'Energy indicators' series concentrates on Pacific Rim countries, namely Hong Kong, the Philippines, Singapore, South Korea, Taiwan and Thailand. Similar to other experiences, rapid economic growth in these countries has been accompanied by 'spectacular' growth in demand for energy. Therefore, this year's paper not only underlines certain trends in these six energy markets but also attempts to test the phenomenon 'threshold country', i.e., shifting from the developing to the industrialized world by using common indicators and methodologies. The analysis starts with a comparison of energy intensities. Section 2 provides an overview of the socio-economic and energy indicators of the Pacific Rim countries. Section 3 introduces a standard econometric model on the most dynamic consuming sector, namely transport. Section 4 presents the projections of consumption in this sector and discusses policy issues. Some concluding remarks in Section 6 complete the paper. (author)

  15. Energy efficiency, human behavior, and economic growth: Challenges to cutting energy demand to sustainable levels

    Energy Technology Data Exchange (ETDEWEB)

    Santarius, Tilman, E-mail: tilman@santarius.de [Visiting Scholar, Institute of European Studies and Energy and Resources Group, University of California, Berkeley, 310 Barrows Hall, Berkeley, CA 94720-3050 (United States)

    2015-03-30

    Increasing energy efficiency in households, transportation, industries, and services is an important strategy to reduce energy service demand to levels that allow the steep reduction of greenhouse gases, and a full fledged switch of energy systems to a renewable basis. Yet, technological efficiency improvements may generate so-called rebound effects, which may ‘eat up’ parts of the technical savings potential. This article provides a comprehensive review of existing research on these effects, raises critiques, and points out open questions. It introduces micro-economic rebound effect and suggests extending consumer-side analysis to incorporate potential ‘psychological rebound effects.’ It then discusses meso-economic rebound effects, i.e. producer-side and market-level rebounds, which so far have achieved little attention in the literature. Finally, the article critically reviews evidence for macro-economic rebound effects as energy efficiency-induced economic growth impacts. For all three categories, the article summarizes assessments of their potential quantitative scope, while pointing out remaining methodological weaknesses and open questions. As a rough “rule of thumb”, in the long term and on gross average, only half the technical savings potential of across-the-board efficiency improvements may actually be achieved in the real world. Policies that aim at cutting energy service demand to sustainable levels are well advised to take due note of detrimental behavioral and economic growth impacts, and should foster policies and measures that can contain them.

  16. Comparative economic performance of selected passive solar heating and cooling technologies

    Science.gov (United States)

    Rutter, W.

    1981-05-01

    The economic performance of selected passive solar heating and cooling technologies which incorporate energy storage is assessed by using a set of uniform assumptions and methodologies. Where data are available, a given system is assessed at more than one geographical location. Results are obtained in the form of both payback period and net present value for residential applications, and in terms of net present value only for industrial/commercial uses. Results indicate that ventilated trombe walls, solar roof ponds, and certain night effect/floor storage strategies are cost effective, but night effect/rock bed cooling is not. Results also show that, although direct gain out-performs trombe walls in most parts of the country, both direct gain and trombe walls usually produce a net savings in the residential sector. Generally, however, tax regulations result in net economic loss for direct gain and trombe walls used to heat industrial and commercial buildings.

  17. Solar energy system economic evaluation: Fern Tunkhannock, Tunkhannock, Pennsylvania

    Science.gov (United States)

    1980-01-01

    The economic performance of an Operational Test Site (OTS) is described. The long term economic performance of the system at its installation site and extrapolation to four additional selected locations to demonstrate the viability of the design over a broad range of environmental and economic conditions is reported. Topics discussed are: system description, study approach, economic analysis and system optimization, and technical and economical results of analysis. Data for the economic analysis are generated through evaluation of the OTS. The simulation is based on the technical results of the seasonal report simulation. In addition localized and standard economic parameters are used for economic analysis.

  18. Integration of hydrothermal-energy economics: related quantitative studies

    Energy Technology Data Exchange (ETDEWEB)

    1982-08-01

    A comparison of ten models for computing the cost of hydrothermal energy is presented. This comparison involved a detailed examination of a number of technical and economic parameters of the various quantitative models with the objective of identifying the most important parameters in the context of accurate estimates of cost of hydrothermal energy. Important features of various models, such as focus of study, applications, marked sectors covered, methodology, input data requirements, and output are compared in the document. A detailed sensitivity analysis of all the important engineering and economic parameters is carried out to determine the effect of non-consideration of individual parameters.

  19. Economic and Environmental Impact of Energy Saving in Healthcare Buildings

    Directory of Open Access Journals (Sweden)

    Justo García-Sanz-Calcedo

    2018-03-01

    Full Text Available The purpose of this article is to estimate the economic and environmental impacts of energy consumption derived from healthcare buildings and proposes several energy-saving options in the sector. An experimental energy consumption study was development between 2005 and 2013 in 12 hospitals and 70 healthcare centres in Spain, built between 1980 and 2005 through audits carried out between 2005 and 2012, performed by the Extremadura Energy Agency. The study focused on electric energy, HVAC, DWH, lighting systems, renewable energies, maintenance strategy, thermal insulation, and optimal building size. Specifically, the following parameters were evaluated: energy savings, investment emission of CO2, NO2, and SO2 gases, and payback. The results revealed that through an appropriate energy management of healthcare buildings it is possible to save up to 8.60 kWh/m2 per year, for buildings of less than 5000 m2 (with no beds, which represents an expense of 1.55 €/m2. In healthcare buildings larger than 5000 m2 (with beds, it was possible to save up to 6.88 kWh/m2 per year, which represents an expense of 1.25 €/m2.

  20. Energy and economic milestones in Nigeria: Role of nuclear technology

    International Nuclear Information System (INIS)

    Dahunsi, S.O.A.

    2011-01-01

    Electric power supply could be the driving force critical to poverty reduction, economic growth and sustainable development in developing countries like Nigeria. Comparative analysis of several promising technologies that could be explored to achieve energy sufficiency however shows that nuclear power is more economically competitive and outstanding despite the relatively high initial capital cost. Furthermore, one of the critical conditions in deciding to invest in a specific electric power technology is the overall cost component of the new technology, nuclear therefore is in many places competitive with other forms of electricity generation. The fundamental attraction is about harnessing the sources of energy which takes cognizance of the environmental effects of burning fossil fuel and its security of supply. This paper therefore highlights the benefits of inclusion of nuclear energy in the Nigeria energy mix, a sine qua non for economic and social development, safer environment, wealth creation and a long term energy security.

  1. Financial Development, Economic Growth and Energy Consumption Nexus in Cote d’Ivoire

    Directory of Open Access Journals (Sweden)

    Diby Kassi

    2017-10-01

    Full Text Available This paper examines the relationship between financial development, economic growth and energy consumption in Cote d’Ivoire over the period 1971-2011. To do so, the study first built a synthetic indicator of financial development through the principal component analysis technique (PCA and used four energy sources such as electric power consumption, electricity production from renewable sources, electricity production from oil sources and electricity production from hydroelectric sources. Then, employing the autoregressive distributed lag (ARDL bounds testing approach to cointegration, we find that there is a long run relationship between financial development, economic growth and energy consumption sources. Furthermore, the results of the vector error correction models (VECM reveal unidirectional causality running from financial development to energy consumption sources, bidirectional causality between economic growth and energy consumption and unidirectional causality from financial development to economic growth in the long run. The mixed results are due to the use of different proxies for energy consumption. Accordingly, this paper recommends that policy makers should solicit the support of financial sector in order to solve energy problems and further the diversification of the energy consumption sources since financial development has a positive effect on energy consumption in long run. Moreover, government should develop public-private partnership (PPP to stimulate economic growth, improve the access to energy and maintain a sustainable development in Cote d’Ivoire.

  2. Impact of window selection on the energy performance of residential buildings in South Korea

    International Nuclear Information System (INIS)

    Ihm, Pyeongchan; Park, Lyool; Krarti, Moncef; Seo, Donghyun

    2012-01-01

    With rapidly increasing energy consumption attributed to residential buildings in South Korea, there is a need to update requirements of the building energy code in order to improve the energy performance of buildings. This paper provides some guidelines to improve the building energy code to better select glazing types that minimize total energy use of residential buildings in Korea. In particular, detailed energy simulation analyses coupled with economical and environmental assessments are carried out to assess the thermal, economical, and environmental impacts of glazing thermal characteristics as well as window sizes associated with housing units in various representative climates within South Korea. The results of the analyses have clearly indicated that selecting glazing with low solar heat gain coefficient is highly beneficial especially for large windows and for mild climates. In particular, it is found that using any double-pane low-e glazing would provide better performance for windows in residential buildings than the clear double-pane glazing, currently required by the Korean building energy code. - Highlights: ► Results show that windows can be energy neutral for residential buildings. ► In Korea, double-pane low-e glazing would provide better energy performance. ► Double low-e clear filled with argon gas glazing is the most cost-effective.

  3. Economic viability of alternative sources of energy for a typical community of the region north and northeast of Brazil

    International Nuclear Information System (INIS)

    Vanni, Silvia Regina; Sabundjian, Gaiane

    2008-01-01

    A study of viability of alternative energy sources for typical communities of the North or Northeast of Brazil, which do not have access to the electric energy is performed. Brazil presents a great economic and social disparity among its several regions. There are several poor communities, mainly in regions far from big cities, without electrical energy. The Brazilian government has a program known as 'Luz para Todos' (Light for All). The big challenge of this program is to bring electrical energy for everyone using new alternatives energy sources. In this work initially a literature review was made concerning the following alternative energy source: wind, solar and biomass. These energy sources can be used to supply the demand to bring electrical energy for poor communities. For this work it is intended to choose a community that has population between 1,000 and 10,000 and does not have access to electrical energy. For this community an economic viability study will be made to evaluate alternative energy sources. The best energy source resulted from the point of view of the economic viability study will be implemented in that community. A new study will be performed to evaluate cost and environmental impact. In this new study the future social development of the community caused by the installation of electrical energy will be considered. Also, this best energy source will be compared with the new generation of nuclear reactors, for instance , the IRIS reactor. (author)

  4. Economic viability of alternative sources of energy for a typical community of the Region North and Northeast of Brazil

    International Nuclear Information System (INIS)

    Vanni, Silvia Regina; Sabundjian, Gaiane

    2007-01-01

    The objective of this work is to perform a study of viability of alternative energy sources for typical communities of the North or Northeast of Brazil, which do not have access to the electric energy. Brazil presents a great economic and social disparity among its several regions. There are several poor communities, mainly in regions far from big cities, without electrical energy. The Brazilian government has a program known as 'Luz para Todos' (Light for All). The big challenge for this program is to bring electrical energy for everyone using new alternatives energy sources. In this work initially a literature review was made concerning the following alternative energy sources: wind, solar and biomass. These energy sources can be used to supply the demand to bring electrical energy for poor communities. For this work it is intended to choose a community that has population between 1,000 the 10,000 and does not have access to electrical energy. For this community an economic viability study will be made to evaluate alternative energy sources. The best energy source resulted from the point of view of the economic viability study will be implemented in that community. A new study will be performed to evaluate cost and environmental impact. In this new study the future social development of the community caused by the installation of electrical energy will be considered. Also, this best energy source will be compared with the new generation of nuclear reactors, for instance, the IRIS reactor. (author)

  5. Overall performance assessment of a combined cycle power plant: An exergo-economic analysis

    International Nuclear Information System (INIS)

    Sahin, Ahmet Z.; Al-Sharafi, Abdullah; Yilbas, Bekir S.; Khaliq, Abdul

    2016-01-01

    Highlights: • An exergo-economic analysis is carried out for a combined cycle power plant. • An overall performance index (OPI) is defined to analyze the power plant. • Four performance indicators and three scenarios are considered in the analysis. • The optimum configuration of the power plant differs for each scenarios considered. - Abstract: An exergo-economic analysis is carried out for a combined cycle power plant using the first law and the second law of thermodynamics, and the economic principles while incorporating GT PRO/PEACE Software Packages. An overall performance index (OPI) is defined to assess and analyze the optimum operational and design configurations of the power plant. Four performance indicators are considered for the analysis; namely, energy efficiency (ENE), exergy efficiency (EXE), levelized cost of electricity (COE), and the total investment (TI) cost. Three possible scenarios are considered in which different weight factor is assigned to the performance indicators when assessing the performance. These scenarios are: (i) the conventional case in which the levelized cost of electricity is given a high priority, (ii) environmental conscious case in which the exergy efficiency is given a high priority, and (iii) the economical case in which the total cost of investment is given a high priority. It is shown that the optimum size and the configuration of the power plant differ for each scenarios considered. The selection and optimization of the size and configuration of the power plant are found to be depending on the user priorities and the weight factors assigned to the performance indicators.

  6. Interrelations between Energy Security Economics and Social Cohesion: Analysis of a Lithuanian Case

    Directory of Open Access Journals (Sweden)

    Dainius Genys

    2015-12-01

    Full Text Available Growing attention to sustainable development in academic discourse fosters discussions on how energy security affects society. In most cases the discussions consider the political and economic consequences, which affect or may affect the society. The aim of the article is to assess the impact of energy security economics on social cohesion in Lithuania. To achieve this aim the interrelations between energy security, energy economics and social cohesion are discussed. The theoretical framework of social cohesion (introduced by J. Jenson and P. Bernard is presented and applied in empirical analysis. The operationalization of empirical variables is based on economic, political and socio-cultural - activity areas, which are analyzed to verify the dichotomies between public attitudes and the actual behavior of society. These dichotomies help to distinguish six analytical dimensions, on the basis of which we created 17 empirical indicators, which analysis allows for describing the impact of Lithuanian energy security economics on social cohesion in quantitative data. The statistical analyses showed that the impact of attitudinal dimensions of energy security economics on social cohesion in Lithuania has an almost neutral effect: 3.05 (1-very negative; 3-neutral, 5-very positive. Whereas, the impact of behavioural dimensions of energy security economics on social cohesion has a negative effect: 2.47. The aggregated average of the overall impact of energy security economics on social cohesion in Lithuania has a negative effect: 2.76.

  7. Macro-economic effects of additional energy conservation in the European Community

    International Nuclear Information System (INIS)

    Sips, H.W.; Bakker, L.; Muizelaar, J.; Velthuijsen, J.W.

    1991-01-01

    The aim of the title study is to evaluate the environmental and economic consequences of additional energy conservation in five Western European countries: the Netherlands, the Federal Republic of Germany, the United Kingdom, France and Italy. In the first part of the study the economic effects of a policy, in which additional energy conservation is realized only for the Netherlands, is calculated. In this report the results are presented. The calculated results of the economic effects of a coordinated energy conservation policy in the abovementioned countries will be published in a separate report. The effects of three policy variants will be evaluated: the non-financial policy variant, the shift of the financial burden variant, and the variant in which the levies are not compensated.The starting point for the first variant is an autonomous realization of the energy conservation. The basis of the second variant is that an equal amount of energy can be saved by means of a substantial energy levy. The profits of this levy can be used to reduce the financial burden of labour. For the economic calculations use has been made of the HERMES-model. Every member of the European Community has developed such a macro-economic model. In chapter two the different starting points for the calculations are outlined, with special attention to descriptions of the policy variants, the model-input and the basic projection. In chapter three the economic effects of the policy variants are presented and discussed. In chapter four the energy conservation and the environmental effects of the variants are dealt with. The most important conclusion of this study is that a considerable amount of energy can be saved, which will have positive effects on the economy and the environment. 8 figs., 20 tabs., 6 apps., 32 refs

  8. Interpreting the dynamic nexus between energy consumption and economic growth: Empirical evidence from Russia

    International Nuclear Information System (INIS)

    Zhang Yuejun

    2011-01-01

    Research on the nexus between energy consumption and economic growth is a fundamental topic for energy policy making and low-carbon economic development. Russia proves the third largest energy consumption country in the world in recent years, while little research has shed light upon its energy consumption issue till now, especially its energy-growth nexus. Therefore, this paper empirically investigates the dynamic nexus of the two variables in Russia based on the state space model. The results indicate that, first of all, Russia's energy consumption is cointegrated with its economic growth in a time-varying way though they do not have static or average cointegration relationship. Hence it is unsuitable to merely portrait the nexus in an average manner. Second, ever since the year of 2000, Russia's energy efficiency has achieved much more promotion compared with that in previous decades, mainly due to the industrial structure adjustment and technology progress. Third, among BRIC countries, the consistency of Russia's energy consumption and economic growth appears the worst, which suggests the complexity of energy-growth nexus in Russia. Finally, there exists bi-directional causality between Russia's energy consumption and economic growth, though their quantitative proportional relation does not have solid foundation according to the cointegration theory. - Research highlights: →This study investigates the dynamic nexus of energy consumption and economic growth in Russia. → Russia's energy consumption is cointegrated with its economic growth in a time-varying way though they do not have static or average cointegration relationship. → Ever since 2000, Russia's energy efficiency has achieved much more promotion compared with that in previous decades. → Among BRIC countries, the consistency of Russia's energy consumption and economic growth appears the worst. → There exists bi-directional causality between Russia's energy consumption and economic growth.

  9. BOLIVIA’S ENERGY CONSUMPTION AND ECONOMIC GROWTH PROFILE: IS THERE A LINK?

    Directory of Open Access Journals (Sweden)

    Ismail SOILE

    2016-01-01

    Full Text Available The fundamental importance of energy for socio-economic existence cannot be over-emphasized. With an annual average growth rate of 3.6% over the period of 1998 and 2008, the Bolivian economic statistics shows that over 60% of the country’s GDP growth rate can be attributed to its export sector. However, energy consumption also grew significantly over the same period. Thus we seek to establish the directional causality between energy consumption and economic growth in Bolivia using secondary annual data for the period of 1971 to 2010. The Granger-causality tests indicate that there is an unidirectional causality that runs from economic growth to energy consumption with no feedback. The study, therefore, recommends that policies meant to manage growing energy demand can be instituted without obstructing growth in Bolivia. Energy taxation and pricing reform can help raise additional revenue for development.

  10. Energy, pollution, and economic development in Tunisia

    Directory of Open Access Journals (Sweden)

    Miniar Ben Ammar Sghari

    2016-11-01

    The rising level of energy consumption that is occurring internationally also is being mirrored at regional and national levels. An interesting case study along these lines is Tunisia, which is one of the high-growth economies in the Middle East and North African area yet lacks sufficient energy supply to satisfy its growing demand. Tunisia looks like many nations around the world with a young population, growing economy, increasing domestic energy consumption, and the need to balance economic development with environmental concerns.

  11. The renewable energy and economic growth nexus in Black Sea and Balkan countries

    International Nuclear Information System (INIS)

    Koçak, Emrah; Şarkgüneşi, Aykut

    2017-01-01

    The aim of this study is to explore the relationship between renewable energy consumption and economic growth within the framework of traditional production function for the period of 1990–2012 in 9 Black Sea and Balkan countries. For this purpose, we use panel cointegration, co-integration estimate methods and heterogeneous panel causality estimation techniques. The study has concluded that there is a long term balance relationship between renewable energy consumption and economic growth and renewable energy consumption has a positive impact on economic growth. Heterogeneous panel causality analysis results support growth hypothesis in Bulgaria, Greece, Macedonia, Russia and Ukraine; feedback hypothesis in Albania, Georgia and Romania; neutrality hypothesis in Turkey and according to the panel data set including all nine countries the results support feedback hypothesis. With the findings, it was concluded that there is a significant impact of renewable energy consumption on economic growth in Balkan and Black Sea Countries. - Highlights: • Explores the impact of renewable energy on economic growth in Black Sea and Balkan countries. • Employs panel cointegration and heterogeneous causality analyses. • Finds significant effect of renewable energy consumption on economic growth. • Finds bidirectional causality between renewable energy consumption and economic growth for the whole panel.

  12. Economic and ordinal benefits of Hydrogen Energy Technology

    International Nuclear Information System (INIS)

    Giannantoni, C.; Zoli, M.

    2009-01-01

    A method for assessing economic, environmental and energy investments is particularly suited for hydrogen technologies, because it makes it possible to calculate business returns, negative externalities and, above all, the economic benefits to the citizens: the monetizable positive externalities and the ordinal benefits, i.e. those which cannot be reduced to a simple monetary value. [it

  13. Stagnating energy efficiency in the Swedish building sector-Economic and organisational explanations

    International Nuclear Information System (INIS)

    Naessen, Jonas; Sprei, Frances; Holmberg, John

    2008-01-01

    The development towards higher energy efficiency in the Swedish building sector stagnated in the late 1980s and 1990s. In new buildings the average specific energy use for heating is twice as high as in the best performing buildings 20 years ago. By combining econometric studies and interviews with actors in the building sector we analyse the underlying economic and organisational causes for this development. In the stock of buildings, specific energy use for heating (kWh/m 2 /yr) has a high correlation with increasing energy prices and price elasticities have not changed markedly over time. This implies that the stagnation to a large extent can be explained by energy price trends. On the contrary, in new buildings the correlation between energy prices and specific energy use is much weaker. One important cause of low sensitivity to price changes is that information about the life cycle cost (LCC) of different investment alternatives is often not available to the involved actors. The most common investment criterion is instead the requirements of the national building energy standard which has developed into a norm rather than a minimum for energy performance. In this paper we also discuss potential improvements in the learning processes within the sector

  14. Economic impact of the energy transition at the local level. Methodologies and case studies

    International Nuclear Information System (INIS)

    Maurer, Christiane; Ustinskaya, Elina

    2014-12-01

    An understanding of the mechanisms that link the energy transition to the stimulation of the economy on the ground is indispensable in terms of more efficient targeting of local energy transition policies. Objective evidence of economic results is required, as is a better understanding of economic analysis methods, in order to equip local and regional authorities with the tools required to demonstrate the economic benefits for all the key players. With the 'Economic impact of the energy transition at a local level - Methodologies and case studies' study, Energy Cities illustrates numerous socio-economic aspects of the energy transition and confirms the local economic benefits, through the use of data. As with any complex, new and diffuse process, this field of research is still not fully understood. Appropriate, high-quality analysis at the local level has rarely been carried out to date and a critical assessment of the methods used is necessary. This study will fill a gap and provide suggestions on potential areas for further research in a range of fields which should be further explored and examined in collaboration with local authorities and voluntary partners. Methodology and results The first part of the study sets out the scope of the study and contains a general description of the impact observed and the potential outcome of transition policies in the main green growth sectors: eco-innovation, the energy performance of buildings, renewable energy, sustainable mobility, recycling and industrial ecology. The analysis then focuses on the feedback of six towns and regions with a policy of active sustainable development (building renovation, support for eco-industries, promotion of soft mobility etc.), presented from the point of view of the economic results observed and the evaluation methods used. The study comprises five European authorities - Brussels, Copenhagen, Hannover, Kirklees and the Greater Paris Region, and one North American authority - Nolan County

  15. Energies and raw materials, economic energy situation april 1998; Energies et matieres premieres, conjoncture energetique avril 1998

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-07-01

    Here is the economic energy situation in France in April 1998. The energy consumption, the evolution of the different energy sources are given. The energy invoice is decreasing with the fall of petroleum price. The imports and energy demand are studied. Energy data are given in tables, comparison between the months of January in the three years 1996, 1997,1998 for consumption, invoices, prices are reported in curves. (N.C.)

  16. The economics of producing energy crops

    International Nuclear Information System (INIS)

    Shapouri, H.; Duffield, J.

    1993-01-01

    The US agricultural sector has an immense supply of natural resources which can be used to product energy. Production of energy from these resources could stimulate economic growth, improve environmental quality, and enhance energy security. However, producing feedstocks and converting biomass to energy require large amounts of capital, equipment, labor, and processing facilities. This paper looks at the costs and benefits of producing energy crops for fuel conversion. A review of studies and crop data show that the cost of growing and converting various feedstocks with current technology is greater than the cost of producing conventional fuels. Conventional motor fuels have a price advantage over biofuels, but market prices don't always reflect the cost of negative externalities imposed on society. Government decisions to invest in alternative energy sources should be based on research that includes the environmental costs and benefits of energy production. The future of biofuels will depend on the continuation of government research and incentive programs. As new technologies advance, the costs of processing energy crops and residues will fall, making biofuels more competitive in energy markets

  17. The energy industries reorganization in the economic globalization

    International Nuclear Information System (INIS)

    Amouroux, J.M.

    2003-01-01

    The author wonders on the energy supply evolution since thirty years and more specially the fossil fuels industries reconstruction. The energy panorama has been completely modified by a serial of processes which stopped the nuclear energy expansion and replaced the fossil fuels in the front of the energy scene. The processes are examined to evaluate the consequences of theses transformations on the model of economic development developed by the capitalism. (A.L.B)

  18. Spin-off wind energy. A study on the economic, sustainability and regional effects of wind energy

    International Nuclear Information System (INIS)

    Terbijhe, A.; Oltmer, K.; Van der Voort, M.

    2009-09-01

    This study focuses on collecting and organizing information. This information can be used as the basis for a policy line by the Dutch Ministry of Agriculture, Nature and Food Quality (LNV) for wind energy in agricultural companies. The aim of the project is to gain insight in: (1) the possible role of agricultural wind energy in the national energy supply; (2) the current and future business economic effects of wind energy on the agricultural farm; and (3) the current and future effect of wind energy on the local rural economy in general and specifically the economic meaning of wind energy for the regional economy in the region of Flevoland. [nl

  19. Cost-optimal energy performance renovation measures of educational buildings in cold climate

    International Nuclear Information System (INIS)

    Niemelä, Tuomo; Kosonen, Risto; Jokisalo, Juha

    2016-01-01

    Highlights: • The proposed national nZEB target can be cost-effectively achieved in renovations. • Energy saving potential of HVAC systems is significant compared to the building envelope. • Modern renewable energy production technologies are cost-efficient and recommendable. • Improving the indoor climate conditions in deep renovations is recommendable. • Simulation-based optimization method is efficient in building performance analyzes. - Abstract: The paper discusses cost-efficient energy performance renovation measures for typical educational buildings built in the 1960s and 1970s in cold climate regions. The study analyzes the impact of different energy renovation measures on the energy efficiency and economic viability in a Finnish case study educational building located in Lappeenranta University of Technology (LUT) campus area. The main objective of the study was to determine the cost-optimal energy performance renovation measures to meet the proposed national nearly zero-energy building (nZEB) requirements, which are defined according to the primary energy consumption of buildings. The main research method of the study was simulation-based optimization (SBO) analysis, which was used to determine the cost-optimal renovation solutions. The results of the study indicate that the minimum national energy performance requirement of new educational buildings (E_p_r_i_m_a_r_y ⩽ 170 kWh/(m"2,a)) can be cost-effectively achieved in deep renovations of educational buildings. In addition, the proposed national nZEB-targets are also well achievable, while improving the indoor climate (thermal comfort and indoor air quality) conditions significantly at the same time. Cost-effective solutions included renovation of the original ventilation system, a ground source heat pump system with relatively small dimensioning power output, new energy efficient windows and a relatively large area of PV-panels for solar-based electricity production. The results and

  20. An Analysis of energy consumption and economic growth of Cobb-Douglas production function based on ECM

    Science.gov (United States)

    Guo, Wei-wei

    2018-02-01

    Energy is one of the important factors affecting economic growth, the motive force of the economic development of countries in the world, essential for the world economic development and people’s living material resources, an important resource of the relationship between the national economies. The paper sums up the evaluation and literatures on energy consumption and economic growth at home and abroad, thinks “southern talk” as the energy consumption and economic growth in the time division, makes a series of empirical tests on the relationship between total energy consumption and economic growth in China from 1978 to 1991 and from 1992 to 2016.The results show that total energy consumption is a one-way causal relationship between economic growths in china, Economic growth has a strong dependence on energy, there is a co-integration relationship between energy consumption and economic growth. However, economic growth depends on the energy consumption decreased year by year in China, The way of economic growth is changing from the extensive economic growth mode to intensive mode of economic growth.

  1. Assessing the ecological and economic sustainability of energy crops

    International Nuclear Information System (INIS)

    Hanegraaf, M.C.; Biewinga, E.E.; Bijl, G. van der

    1998-01-01

    The production and use of biomass for energy has both positive and negative impacts on the environment. The environmental impacts of energy crops should be clarified before political choices concerning energy are made. An important aid to policy-making would be a systematic methodology to assess the environmental sustainability of energy crops. So far, most studies on the environmental aspects of energy crops deal mainly with the energy production of the crops and the possible consequences for CO 2 mitigation. The Dutch Centre for Agriculture and Environment (CLM) has developed a systematic methodology to assess the ecological and socio-economic sustainability of biomass crops. The method is best described as a multicriteria analysis of process chains and is very much related to Life Cycle Assessment (LCA). Characteristics of our methodology are the use of: definition of functional units; analysis of the entire lifecycle; definition of yield levels and corresponding agricultural practices; analysis of both ecological and economic criteria; definition of reference systems; definition of procedures for normalisation and weighting. CLM has applied the method to assess the sustainability of ten potentially interesting energy crops in four European regions. The results are used to outline the perspectives for large scale production of biomass crops with regard to the medium and long term land availability in Europe. For the crops considered, net energy budget ranges from 85 GJ net avoided energy per ha for rape seed for fuel to 248 GJ net avoided fossil energy per ha for silage maize for electricity from gasification. The methodology of the tool and its results were discussed at the concerted action ''Environmental aspects of biomass production and routes for European energy supply'' (AIR3-94-2455), organised by CLM in 1996. Major conclusions of the research: multicriteria analyhsis of process lifecycles is at present the best available option to assess the ecological

  2. Economic consequences of reproductive performance in dairy cattle

    NARCIS (Netherlands)

    Inchaisri, C.; Jorritsma, R.; Vos, P.L.A.M.; Weijden, van der G.C.; Hogeveen, H.

    2010-01-01

    The net economic value of reproductive efficiency in dairy cattle was estimated using a stochastic dynamic simulation model. The objective was to compare the economic consequences of reproductive performance scenarios (“average” and “poor”) of a cow having a good reproductive performance and to

  3. The Waldo County project: A partnership for energy efficient economic development

    International Nuclear Information System (INIS)

    Baston, D.C.

    1990-01-01

    In April 1988, the state of Maine designated four economically disadvantaged areas as Job Opportunity Zones. An interministerial initiative was put into place to improve the economic situation of these regions and to attract high quality jobs. One of these, Waldo County, formed part of the service territory of Central Maine Power. In May 1988, that utility asked the Alliance to Save Energy to recommend means for aligning its energy efficiency program with the state's economic improvement program in order to bring about effective economic growth in Waldo County. The utility is in the process of adopting all of the energy efficiency measures recommended by the Alliance. The utility's program in this respect is focused on support for existing small businesses in the county. In most of these businesses, the largest component of their electric bill is for lighting. A pilot program to retrofit modern energy-efficient lighting will install state-of-the-art equipment such as electronic ballasts and compact fluorescents without cost to the customer. This program will provide substantial savings to existing businesses and provide efficiency savings to the utility. Marketing of commercial and residential energy management programs is also being intensified. Energy management assistance is also given to new businesses; this assistance includes financial incentives to install energy efficient equipment

  4. Unintended anchors: Building rating systems and energy performance goals for U.S. buildings

    International Nuclear Information System (INIS)

    Klotz, Leidy; Mack, Daniel; Klapthor, Brent; Tunstall, Casey; Harrison, Jennilee

    2010-01-01

    In the U.S., where buildings account for 40% of energy use, commercial buildings use more energy per unit area than ever before. However, exemplary buildings demonstrate the feasibility of much better energy performance at no additional first cost. This research examines one possible explanation for this inconsistency. The aim is to investigate whether the anchoring bias, which refers to our tendency to gravitate towards a pre-defined standard regardless of its relevance, influences energy performance goals in building design. The scope examines professionals who help set energy performance goals for U.S. buildings. Prior to being asked to set an energy performance goal, these professionals were randomly directed to one of three series of questions. One series set an anchor of 90% energy reduction beyond standard practice, one set a 30% anchor, and one set no anchor. Respondents exposed to the 90% anchor, and respondents exposed to no anchor at all, set higher energy performance goals than respondents exposed to the 30% anchor. These results suggest that building rating systems that only reward incremental energy improvements may inadvertently create anchors, thereby discouraging more advanced energy performance goals and inhibiting energy performance that is technically and economically feasible.

  5. Historical and economic aspects of energy issues

    International Nuclear Information System (INIS)

    Sander, M.

    2000-01-01

    The classical macro-economic aggregate production function considered that output as measured by Gross Domestic product (GDP) was the result of the factor inputs: land, labour and capital. The production function was given by: GDP=f(Land, Capital, Labour). We propose: GDP=function (LAND, CAPITAL, LABOUR, ENERGY, TECHNOLOGY, INFORMATION), GDP=function(Z, K, R, E, T, I). Measuring effects of these variables on growth of GDP over longer periods of time is difficult statistical and mathematical task. Mathematical relations are not derived but instead historical exposition with a selection of statistical data was given to prove validity of the production function relation. through long historical periods, energy was reduced to energy of animal and human muscles sometimes with a help of mechanical levers and mechanisms. With coal use in 18th century animal and human muscles are no more main energy sources but in substitute to them thermal machines (from steam reciprocating machines to Otto, diesel machines in combination with electric machines) startedto be main movers of industrial age with high energy intensity. Energy as general thermodynamic concept for availability or ability of substance to produce work was introduced. Between primary forms of energy crude oil like fuel with greatest energy or ability to produce mechanical work, specially in transport takes the dominant place in 20th and 21st century. Use of crude oil in gas turbines, internal combustion engines, reaches upper levels of efficiency, but in the same time there is no technology that could substitute it in the transport. Influence of crude oil on prices and all other forms of energy and as political and economic factor is considered. (author)

  6. Impact of energy efficiency measures on the economic value of buildings

    International Nuclear Information System (INIS)

    Popescu, Daniela; Bienert, Sven; Schuetzenhofer, Christian; Boazu, Rodica

    2012-01-01

    Highlights: → Market driven reasons can strengthen implementation of energy policies in buildings. → Methods that quantify the added value due to energy performance are developed. → Recommendations on how they can be incorporated in the financial analysis are presented. → Case studies on some existing condominiums from Romania are analyzed. → The market sensitivity to energy efficiency measures is also in the focus. -- Abstract: A main objective of energy policies is to make all levels of the society, from governments to citizen, interested in increasing the energy efficiency of buildings. One of the most important barriers in implementation of energy policies is that the cost of potential energy savings, typically considered being the only financial benefit, does not sufficiently motivate investments. The target is therefore to identify further possible drivers pushing positive reaction according to energy saving action. The paper discusses whether a market-based instrument, capturing the increase of the economic value of energy efficient buildings, can be also used. Methods that quantify the added value due to energy performance, including recommendations on how they can be incorporated in the financial analysis of investments in weatherization, are developed. By applying the proposed methods, the payback period of investments in energy efficiency measures depends on two factors: potential energy savings and the added value to the property. Case studies on some existing condominiums from Romania are analyzed and provide evidence to the research question. The market sensitivity to energy efficiency measures, the possibility of an intangible added value as well as the impact to financial investment decisions is subsequently in the focus.

  7. Review of economic and energy sector implications of adopting global climate change policies

    Energy Technology Data Exchange (ETDEWEB)

    Novak, M.H.

    1997-12-31

    This paper summarizes a number of studies examining potential economic impacts of global climate change policies. Implications for the United States as a whole, the U.S. energy sector, the U.S. economy, businesses and consumers, and world economies are considered. Impact assessments are performed of U.S. carbon emissions, carbon taxes, and carbon restrictions by comparing estimates from various organizations. The following conclusions were made from the economic studies: (1) the economic cost of carbon abatement is expensive; (2) the cost of unilateral action is very expensive with little quantifiable evidence that global emissions are reduced; (3) multilateral actions of developed countries are also very expensive, but there is quantifiable evidence of global emissions reductions; and (4) global actions have only been theoretically addressed. Paralleling these findings, the energy analyses show that the U.S. is technologically unprepared to give up fossil fuels. As a result: (1) carbon is not stabilized without a high tax, (2) stabilization of carbon is elusive, (3) technology is the only long-term answer, and (4) targeted programs may be appropriate to force technology development. 8 tabs.

  8. The underestimated contribution of energy to economic growth

    NARCIS (Netherlands)

    Ayres, R.U.; van den Bergh, J.C.J.M.; Lindenberger, D.; Warr, B.

    2013-01-01

    Standard economic theory regards capital and labour as the main factors of production that satisfy the "cost-share theorem". This paper argues that when a third factor, namely energy, is added physical constraints on substitution among the factors arise. We show that energy is a much more important

  9. Energy-Using Durables – Why Consumers Refrain from Economically Optimal Choices

    Energy Technology Data Exchange (ETDEWEB)

    Schubert, Renate, E-mail: schubert@econ.gess.ethz.ch; Stadelmann, Marcel [ETH Zürich, Zürich (Switzerland)

    2015-02-23

    Sustainable development requires increasing the energy efficiency, decreasing the growth rates of energy demand, and decreasing the CO{sub 2} emissions. In many countries, households’ energy consumption is responsible for a considerable share of total energy demand and CO{sub 2} emissions. Energy-using durables are essential in this context. Aiming at sustainability, private households should buy more energy-efficient durables and use them in a more efficient way. In principle, it might even be economically optimal to buy the more energy-efficient products, since they result in lower total costs over their lifetime – thus resulting in a positive net present value (NPV). However, when observing private households’ purchase decisions, they often do not correspond to the economic optimum, resulting in an “energy-efficiency gap.” This paper investigates into the reasons for the persistence of such a gap between energy-efficient products that would be economically optimal – but from which consumers refrain – and less energy-efficient products that consumers actually own or buy although they entail larger life-cycle costs. Factors, which seem to deter private households from purchasing energy-efficient products with positive NPVs, are, for example, insufficient information, limited attention, or inertia. We will show how these and other factors hinder private households from identifying and realizing their economically optimal choices and how such barriers can be overcome. We will present how properly designed energy labels could help to overcome the information-related causes of inefficiently low energy-efficiency investments and provide some additional policy recommendations that could help reaching the aforementioned goal of a reduction of households’ energy demand and CO{sub 2} emissions in an adequate way.

  10. Energy-Using Durables – Why Consumers Refrain from Economically Optimal Choices

    International Nuclear Information System (INIS)

    Schubert, Renate; Stadelmann, Marcel

    2015-01-01

    Sustainable development requires increasing the energy efficiency, decreasing the growth rates of energy demand, and decreasing the CO 2 emissions. In many countries, households’ energy consumption is responsible for a considerable share of total energy demand and CO 2 emissions. Energy-using durables are essential in this context. Aiming at sustainability, private households should buy more energy-efficient durables and use them in a more efficient way. In principle, it might even be economically optimal to buy the more energy-efficient products, since they result in lower total costs over their lifetime – thus resulting in a positive net present value (NPV). However, when observing private households’ purchase decisions, they often do not correspond to the economic optimum, resulting in an “energy-efficiency gap.” This paper investigates into the reasons for the persistence of such a gap between energy-efficient products that would be economically optimal – but from which consumers refrain – and less energy-efficient products that consumers actually own or buy although they entail larger life-cycle costs. Factors, which seem to deter private households from purchasing energy-efficient products with positive NPVs, are, for example, insufficient information, limited attention, or inertia. We will show how these and other factors hinder private households from identifying and realizing their economically optimal choices and how such barriers can be overcome. We will present how properly designed energy labels could help to overcome the information-related causes of inefficiently low energy-efficiency investments and provide some additional policy recommendations that could help reaching the aforementioned goal of a reduction of households’ energy demand and CO 2 emissions in an adequate way.

  11. Biogas technology in Cienfuegos: energy, environmental, economic and social impacts

    International Nuclear Information System (INIS)

    Costa Pérez, Inocente; Gutiérrez Benítez, Omar; Martínez Bermúdez, Guillermo; Padrón Padrón, Wilfredo; Águila Cabrera, Cira

    2015-01-01

    Promote the use of biogas is endorsed in the Guidelines 131 and 247 of the Economic and Social Policy of the Party and the Revolution element. The aim was to promote the construction and good practices in the use, operation and maintenance of biogas digesters in the province of Cienfuegos. The study of the design features of each type of digester, according to criteria of constructability, amount of manure, energy demand and geometry was performed. Un-practical theory for the design and construction of various types of biogas digesters compendium was prepared. Calculations for the conceptual and basic design fixed dome biogas digesters Circular Square and engineering were performed. The detailed engineering projects of different capacities biodigesters were developed. The results showed a progression of exponential growth in the number biodigesters for the past 4 years. This growth was accompanied by strong job training, technical advice and disclosure. Energy, environmental, economic and social impacts of the use of biogas in Cienfuegos were significant. At year end 2013, 80 biogas digesters in operation produced 429.1 m3 / day of biogas, which allowed replacing 78.3 t / year of fossil fuel equivalent disburse stop 43563.55 USD / year, stop pouring 3488.8 t / year of residual polluting the environment and stop emitting into the atmosphere 46.5 t / year of methane, equivalent to 1069.5 of carbon dioxide (CO 2 ) equivalent dioxide. (full text)

  12. Assessing and optimizing the economic and environmental impacts of cogeneration/district energy systems using an energy equilibrium model

    International Nuclear Information System (INIS)

    Wu, Y.J.; Rosen, M.A.

    1999-01-01

    Energy equilibrium models can be valuable aids in energy planning and decision-making. In such models, supply is represented by a cost-minimizing linear submodel and demand by a smooth vector-valued function of prices. In this paper, we use the energy equilibrium model to study conventional systems and cogeneration-based district energy (DE) systems for providing heating, cooling and electrical services, not only to assess the potential economic and environmental benefits of cogeneration-based DE systems, but also to develop optimal configurations while accounting for such factors as economics and environmental impact. The energy equilibrium model is formulated and solved with software called WATEMS, which uses sequential non-linear programming to calculate the intertemporal equilibrium of energy supplies and demands. The methods of analysis and evaluation for the economic and environmental impacts are carefully explored. An illustrative energy equilibrium model of conventional and cogeneration-based DE systems is developed within WATEMS to compare quantitatively the economic and environmental impacts of those systems for various scenarios. (Copyright (c) 1999 Elsevier Science B.V., Amsterdam. All rights reserved.)

  13. Economic structure and performance of forest-based industries

    International Nuclear Information System (INIS)

    O'Laughlin, J.

    1989-01-01

    This paper reports on the economic structure, conduct, and performance of industries dependent on the nation's forests that are topics of special importance for research. A major challenge to research involving industrial organization of forest-based industries is to link descriptions of structure, conduct, and industrial performance in ways that facilitate public and private policy making. Not to be overlooked is the need to continue efforts to monitor changes in structure and conduct dimensions at the national level and to conduct baseline studies of industry structure-conduct-performance at regional, state, and local levels. Specifically needed is research that will improve understanding of restructuring within the wood-based industry; definitions of the wood-based industry and segments thereof; linkages between structure and regional economic development; timberland as a managerial and economic variable; structural consequences of technological innovations; corporate strategies as related to performance; structural dimensions in an international setting; and structure and performance of nonwood-based forest industries. Economics research focused in such directions will go far toward improving the manner in which the nation's many forest industries organize and conduct their activities

  14. A reconsideration of effect of energy scarcity on economic growth

    International Nuclear Information System (INIS)

    Uri, N.D.

    1995-01-01

    This analysis is concerned with the effect of energy scarcity on economic growth in the U.S. After defining the notion of scarcity and introducing measures of scarcity (unit costs and relative energy price), changes in the trend in resource scarcity for NG, bituminous coal, anthracite coal, and crude oil over the most recent three decades are investigated. Each of the energy resources became a significantly scarcer resource during the decade of the 1970s in the Malthusian Stock Scarcity and Malthusian Flow Scarcity sense. Unit costs exhibit a similar change for NG and crude oil but not for bituminous and anthracite coals. The situation reversed itself during the 1980s. NG, bituminous and anthracite coals, and crude oil all became significantly less scarce resources during the decade of the 1980s than they had been during the 1970s, i.e. the increase in scarcity as measured by relative energy prices observed during the decade of the 1970s was not reversed completely during the 1980s for NG and crude oil demonstrate similar patterns. Given that change has taken place, it has implications for future economic growth to the extent resource scarcity and economic growth are interrelated. To see whether this is a relevant concern, subsequent to the examination of changing resource scarcity trends, an objective effort is made to identify a long run equilibrium relationship between energy scarcity and economic growth. Relying on cointegration techniques, only for crude oil is there a suggestion that resource scarcity has affected economic growth in the U.S. over the period 1889-1992. (author)

  15. Energy consumption and economic growth nexus in Tanzania: An ARDL bounds testing approach

    International Nuclear Information System (INIS)

    Odhiambo, Nicholas M.

    2009-01-01

    In this paper, we examine the intertemporal causal relationship between energy consumption and economic growth in Tanzania during the period of 1971-2006. Unlike the majority of the previous studies, we employ the newly developed autoregressive distributed lag (ARDL)-bounds testing approach by Pesaran et al. [2001. Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics 16, 289-326] to examine this linkage. We also use two proxies of energy consumption, namely total energy consumption per capita and electricity consumption per capita. The results of the bounds test show that there is a stable long-run relationship between each of the proxies of energy consumption and economic growth. The results of the causality test, on the other hand, show that there is a unidirectional causal flow from total energy consumption to economic growth and a prima-facie causal flow from electricity consumption to economic growth. Overall, the study finds that energy consumption spurs economic growth in Tanzania

  16. Energy consumption and economic growth nexus in Tanzania. An ARDL bounds testing approach

    Energy Technology Data Exchange (ETDEWEB)

    Odhiambo, Nicholas M. [Economics Department, University of South Africa (UNISA), P.O. Box 392, UNISA, 0003, Pretoria (South Africa)

    2009-02-15

    In this paper, we examine the intertemporal causal relationship between energy consumption and economic growth in Tanzania during the period of 1971-2006. Unlike the majority of the previous studies, we employ the newly developed autoregressive distributed lag (ARDL)-bounds testing approach by Pesaran et al. [2001. Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics 16, 289-326] to examine this linkage. We also use two proxies of energy consumption, namely total energy consumption per capita and electricity consumption per capita. The results of the bounds test show that there is a stable long-run relationship between each of the proxies of energy consumption and economic growth. The results of the causality test, on the other hand, show that there is a unidirectional causal flow from total energy consumption to economic growth and a prima-facie causal flow from electricity consumption to economic growth. Overall, the study finds that energy consumption spurs economic growth in Tanzania. (author)

  17. Energy consumption and economic growth nexus in Tanzania: An ARDL bounds testing approach

    Energy Technology Data Exchange (ETDEWEB)

    Odhiambo, Nicholas M. [Economics Department, University of South Africa (UNISA), P.O. Box 392, UNISA, 0003, Pretoria (South Africa)], E-mail: nmbaya99@yahoo.com

    2009-02-15

    In this paper, we examine the intertemporal causal relationship between energy consumption and economic growth in Tanzania during the period of 1971-2006. Unlike the majority of the previous studies, we employ the newly developed autoregressive distributed lag (ARDL)-bounds testing approach by Pesaran et al. [2001. Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics 16, 289-326] to examine this linkage. We also use two proxies of energy consumption, namely total energy consumption per capita and electricity consumption per capita. The results of the bounds test show that there is a stable long-run relationship between each of the proxies of energy consumption and economic growth. The results of the causality test, on the other hand, show that there is a unidirectional causal flow from total energy consumption to economic growth and a prima-facie causal flow from electricity consumption to economic growth. Overall, the study finds that energy consumption spurs economic growth in Tanzania.

  18. Macro-economic and energy scenarios for Japan through the long-term

    International Nuclear Information System (INIS)

    Mankin, Shuichi

    1986-03-01

    As one of studies and systems analyses on the role of VHTR and process heat utilization in future energy systems, long-term macro economic and energy scenarios of Japan until the year 2030 have been generated. This paper presents,; 1) the outline of the long-term macro econometric model and the energy system dynamics model by which these scenarios were generated, 2) back grounds and prospects on future societies of Japan and exogeneous assumptions for calculations, and 3) macro energy and economic scenarios generated. Reflecting the present economic prospects, these scenarios are seemed to be of extremely low-growth type, however, the role of VHTR and its energy systems could be prospected clealy to play a large and important role within these scenario regions. Basic philosophies of scenario generations are also mentioned in this paper. (author)

  19. Process and Economic Optimisation of a Milk Processing Plant with Solar Thermal Energy

    DEFF Research Database (Denmark)

    Bühler, Fabian; Nguyen, Tuong-Van; Elmegaard, Brian

    2016-01-01

    . Based on the case study of a dairy factory, where first a heat integration is performed to optimise the system, a model for solar thermal process integration is developed. The detailed model is based on annual hourly global direct and diffuse solar radiation, from which the radiation on a defined......This work investigates the integration of solar thermal systems for process energy use. A shift from fossil fuels to renewable energy could be beneficial both from environmental and economic perspectives, after the process itself has been optimised and efficiency measures have been implemented...... surface is calculated. Based on hourly process stream data from the dairy factory, the optimal streams for solar thermal process integration are found, with an optimal thermal storagetank volume. The last step consists of an economic optimisation of the problem to determine the optimal size...

  20. Combined heat and power from the intermediate pyrolysis of biomass materials: performance, economics and environmental impact

    International Nuclear Information System (INIS)

    Yang, Y.; Brammer, J.G.; Wright, D.G.; Scott, J.A.; Serrano, C.; Bridgwater, A.V.

    2017-01-01

    Highlights: • Performance of the Pyrolysis and CHP systems is studied and evaluated. • Overall CHP efficiency of the 1000 kg/h Pyro-CHP system is 42.5%. • Levelised Energy Cost is high, but the optimistic scenario is potentially profitable. • Life-cycle GHG analysis shows strong positive environmental benefits. - Abstract: Combined heat and power from the intermediate pyrolysis of biomass materials offers flexible, on-demand renewable energy with some significant advantages over other renewable routes. To maximise the deployment of this technology an understanding of the dynamics and sensitivities of such a system is required. In the present work the system performance, economics and life-cycle environmental impact is analysed with the aid of the process simulation software Aspen Plus. Under the base conditions for the UK, such schemes are not currently economically competitive with energy and char products produced from conventional means. However, under certain scenarios as modelled using a sensitivity analysis this technology can compete and can therefore potentially contribute to the energy and resource sustainability of the economy, particularly in on-site applications with low-value waste feedstocks. The major areas for potential performance improvement are in reactor cost reductions, the reliable use of waste feedstocks and a high value end use for the char by-product from pyrolysis.

  1. Dataset of working conditions and thermo-economic performances for hybrid organic Rankine plants fed by solar and low-grade energy sources.

    Science.gov (United States)

    Scardigno, Domenico; Fanelli, Emanuele; Viggiano, Annarita; Braccio, Giacobbe; Magi, Vinicio

    2016-06-01

    This article provides the dataset of operating conditions of a hybrid organic Rankine plant generated by the optimization procedure employed in the research article "A genetic optimization of a hybrid organic Rankine plant for solar and low-grade energy sources" (Scardigno et al., 2015) [1]. The methodology used to obtain the data is described. The operating conditions are subdivided into two separate groups: feasible and unfeasible solutions. In both groups, the values of the design variables are given. Besides, the subset of feasible solutions is described in details, by providing the thermodynamic and economic performances, the temperatures at some characteristic sections of the thermodynamic cycle, the net power, the absorbed powers and the area of the heat exchange surfaces.

  2. Three empirical essays in energy economics

    Science.gov (United States)

    Pless, Jacquelyn Ryan

    This dissertation explores society's relationship with energy systems. Focusing on two areas of energy economics---electricity reliability and clean energy technology adoption---my objective is to provide insights on energy markets that can contribute towards informing energy policy and improving quality of life. In the first chapter, I examine how firm-level corruption on the demand side of the electricity sector impacts electricity reliability in developing countries. Showing that bribes for electricity connections are closely related to power outages experienced by firms, this chapter demonstrates how consumer-level corrupt behavior negatively impacts electricity service provision. In the second chapter, I study homeowners' stated information searching about solar photovoltaic (PV) adoption in California's residential market. Exploring differences between the types of information sought by consumers adopting solar through third-party ownership (TPO) relative to consumers who purchase solar systems outright (host-ownership (HO)), this chapter sheds light on differences between business model consumer preferences in the residential solar PV market. Lastly, in the third chapter I estimate solar subsidy pass-through to the prices faced by consumers in California's residential solar PV market and ask whether incidence differs for TPO consumers where subsidies are directed to the third party owner of the system (or the "seller") and HO consumers where subsidies go directly to the consumer (or the "buyer"). I find that TPO consumers capture more than 100 percent of every dollar of solar subsidy while HO consumers capture less than 100 percent of every dollar. This is surprising because standard economic theory predicts that the relative benefit of a subsidy does not depend on to whom it is directed.

  3. Nuclear energy: technical, economical and ecological data

    International Nuclear Information System (INIS)

    Anon.

    1975-04-01

    This information document aims to present all the different aspects of nuclear energy and the economic, industrial and ecological data from which the French nuclear energy programme was worked out, the techniques and the sites were chosen. Prepared with the collaboration of experts from the public services interested, this document attempts to cover all the questions raised and to provide answers (dependence with respect to oil versus the advantages of nuclear energy, environment and siting problems, consequences for public health and radiation protection, organization of nuclear industry [fr

  4. THE ECONOMIC PERFORMANCE BETWEEN THE PAST, PRESENT AND FUTURE

    Directory of Open Access Journals (Sweden)

    BAKÓ KINGA-ERZSÉBET

    2017-11-01

    Full Text Available Today the economic performance of enterprises is defined in a different way compared to traditional approaches, to understand the modern definitions will need to review the evolution of the concept from the beginnings until nowadays. In the traditional approach the economic performance of the enterprises was defined only by the perspective shareholders’, so the business owners, what is not surprising, as it was considered the source of rewarding investors and the main purpose of the business. Today a company is performing if he responds and at the economic level to the expectations of several stakeholder groups. In this article we review the evolution of these notions and we give a definition based on the modern approaches taking into account and the fact that, we can't discuss economic performance without social performance and environmental performance of an enterprise. In the last resort we aproach system measurement of the performance that meets the expectations generated by today's society.

  5. Economic growth and energy regulation in the environmental Kuznets curve.

    Science.gov (United States)

    Lorente, Daniel Balsalobre; Álvarez-Herranz, Agustín

    2016-08-01

    This study establishes the existence of a pattern of behavior, between economic growth and environmental degradation, consistent with the environmental Kuznets curve (EKC) hypothesis for 17 Organization for Economic Cooperation and Development (OECD) countries between 1990 and 2012. Based on this EKC pattern, it shows that energy regulation measures help reduce per capita greenhouse gas (GHG) emissions. To validate this hypothesis, we also add the explanatory variables: renewable energy promotion, energy innovation processes, and the suppression effect of income level on the contribution of renewable energy sources to total energy consumption. It aims to be a tool for decision-making regarding energy policy. This paper provides a two-stage econometric analysis of instrumental variables with the aim of correcting the existence of endogeneity in the variable GDP per capita, verifying that the instrumental variables used in this research are appropriate for our aim. To this end, it first makes a methodological contribution before incorporating additional variables associated with environmental air pollution into the EKC hypothesis and showing how they positively affect the explanation of the correction in the GHG emission levels. This study concludes that air pollution will not disappear on its own as economic growth increases. Therefore, it is necessary to promote energy regulation measures to reduce environmental pollution.

  6. Challenges when performing economic optimization of waste treatment: A review

    DEFF Research Database (Denmark)

    Juul, Nina; Münster, Marie; Ravn, H.

    2013-01-01

    -criteria analysis have been developed.A thorough updated review of the existing models is presented, and the main challenges and crucial parameters that need to be taken into account when assessing the economic performance of waste treatment alternatives are identified. The review article will assist both policy...... example, but models focusing on energy production have also been developed, as well as models which take into account a plant’s economies of scale, environmental impact, material recovery and social costs. Finally, models combining different criteria for the selection of waste treatment methods in multi...

  7. A technical and economic analysis of one potential pathway to a 100% renewable energy system

    DEFF Research Database (Denmark)

    Connolly, David; Mathiesen, Brian Vad

    2014-01-01

    requirements, 5) adding flexible electricity demands and electric vehicles, 6) producing synthetic methanol/DME for transport, and finally 7) using synthetic gas to replace the remaining fossil fuels. For each stage, the technical and economic performance of the energy system is calculated. The results...

  8. China's energy consumption under the global economic crisis: Decomposition and sectoral analysis

    International Nuclear Information System (INIS)

    Li, Fangyi; Song, Zhouying; Liu, Weidong

    2014-01-01

    It is now widely recognized that there is a strong relationship between energy consumption and economic growth. Most countries′ energy demands declined during the economic depression of 2008–2009 when a worldwide economic crisis occurred. As an export-oriented economy, China suffered a serious exports decline in the course of the crisis. However, it was found that energy consumption continued to increase. Against such a background, this paper aims to assess and explain the factors causing the growth of energy consumption in China. First, we will explain the impact of domestic final use and international trade on energy consumption by using decomposition analysis. Second, embodied energy and its variation across sectors are quantified to identify the key sectors contributing to the growth. Lastly, the policy implications for long-term energy conservation are discussed. The results show that the decline in exports was one of the driving forces for energy consumption reduction in the crisis, but that the growth of domestic demand in manufacturing and construction, largely stimulated by economic stimulus plans, had the opposite effect on energy consumption. International trade contributed to decreasing energy consumption of China during and after the crisis because the structure of exports and imports changed in this period. - Highlights: • We analyze the reasons for China's energy consumption change under the global economic crisis during 2007–2010. • Domestic final use growth, especially in construction and manufacturing of machinery and equipment, resulted in energy consumption increase. • International trade is identified as a driver of energy consumption reduction during and after the crisis. • Increasing China's share of consumption or reducing its share of investment in the GDP can reduce national energy intensity

  9. The dynamic performance and economic benefit of a blended braking system in a multi-speed battery electric vehicle

    International Nuclear Information System (INIS)

    Ruan, Jiageng; Walker, Paul D.; Watterson, Peter A.; Zhang, Nong

    2016-01-01

    Highlights: • Maximum braking energy recovery potentials of various cycles are reported. • Braking strategies are proposed for performance, comfort and energy recovery. • Braking force distributions and wheel slip ratios of different strategies are demonstrated. • The performance of ‘Eco’ strategy is experimentally validated in HWFET and NEDC. • The economic benefit of energy recovering is summarized, regarding to the fuel and maintenance cost saving. - Abstract: As motor-supplied braking torque is applied to the wheels in an entirely different way to hydraulic friction braking systems and it is usually only connected to one axle complicated effects such as wheel slip and locking, vehicle body bounce and braking distance variation will inevitability impact on the performance and safety of braking. The potential for braking energy recovery in typical driving cycles is presented to show its benefit in this study. A general predictive model is designed to analysis the economic and dynamic performance of blended braking systems, satisfying the relevant regulations/laws and critical limitations. Braking strategies for different purposes are proposed to achieve a balance between braking performance, driving comfort and energy recovery rate. Special measures are taken to avoid any effects of motor failure. All strategies are analyzed in detail for various braking events. Advanced driver assistance systems (ADAS), such as ABS and EBD, are properly integrated to work with the regenerative braking system (RBS) harmoniously. Different switching plans during braking are discussed. The braking energy recovery rates and brake force distribution details for different driving cycles are simulated. Results for two of the cycles in an ‘Eco’ mode are measured on a drive train test rig and found to agree with the simulated results to within approximately 10%. Reliable conclusions can thus be gained on the economic benefit and dynamic braking performance. The

  10. Economics of fusion driven symbiotic energy systems

    International Nuclear Information System (INIS)

    Renier, J.P.; Hoffman, T.J.

    1979-01-01

    The economic analysis of symbiotic energy systems in which U233 (to fuel advanced converters burning U233 fuel) is generated in blankets surrounding fusioning D-T plasma's depends on factors such as the plasma performance parameters, ore costs, and the relative costs of Fusion Breeders (CTR) to Advanced Fission Converters. The analysis also depends on detailed information such as initial, final makeup fuel requirements, fuel isotopics, reprocessing and fabrication costs, reprocessing losses (1%) and delays (2 years), the cost of money, and the effect of the underutilization of the factory thermal installation at the beginning of cycle. In this paper we present the results of calculations of overall fuel cycle and power costs, ore requirements, proliferation resistance and possibilities for grid expansion, based on detailed mass and energy flow diagrams and standard US INFCE cost data and introduction constraints, for realistic symbiotic scenarios involving CTR's (used as drivers) and denatured CANDU's (used as U233 burners). We compare the results with those obtained for other strategies involving heterogeneous LMFBR's which burn Pu to produce U233 for U233-burners such as the advanced CANDU converters

  11. Economic and financial aspects of geothermal energy utilization

    International Nuclear Information System (INIS)

    Gazo, F.M.; Datuin, R.

    1990-01-01

    This paper reports on the historical development of geothermal energy in the Philippines, its present status and future possibilities. It also illustrates the average power generation and utilization from primary energy sources (hydro, oil, coal, and geothermal energy) in the country from 1981 to 1988. A comparison is made between electricity generating costs and results of operations from these power sources, showing that geothermal energy utilization is very competitive. Moreover, it also discusses the economic viability of geothermal energy utilization as a result of separate studies conducted by World Bank and an Italian energy consulting firm

  12. The External Performance Appraisal of China Energy Regulation: An Empirical Study Using a TOPSIS Method Based on Entropy Weight and Mahalanobis Distance.

    Science.gov (United States)

    Wang, Zheng-Xin; Li, Dan-Dan; Zheng, Hong-Hao

    2018-01-30

    In China's industrialization process, the effective regulation of energy and environment can promote the positive externality of energy consumption while reducing negative externality, which is an important means for realizing the sustainable development of an economic society. The study puts forward an improved technique for order preference by similarity to an ideal solution based on entropy weight and Mahalanobis distance (briefly referred as E-M-TOPSIS). The performance of the approach was verified to be satisfactory. By separately using traditional and improved TOPSIS methods, the study carried out the empirical appraisals on the external performance of China's energy regulation during 1999~2015. The results show that the correlation between the performance indexes causes the significant difference between the appraisal results of E-M-TOPSIS and traditional TOPSIS. The E-M-TOPSIS takes the correlation between indexes into account and generally softens the closeness degree compared with traditional TOPSIS. Moreover, it makes the relative closeness degree fluctuate within a small-amplitude. The results conform to the practical condition of China's energy regulation and therefore the E-M-TOPSIS is favorably applicable for the external performance appraisal of energy regulation. Additionally, the external economic performance and social responsibility performance (including environmental and energy safety performances) based on the E-M-TOPSIS exhibit significantly different fluctuation trends. The external economic performance dramatically fluctuates with a larger fluctuation amplitude, while the social responsibility performance exhibits a relatively stable interval fluctuation. This indicates that compared to the social responsibility performance, the fluctuation of external economic performance is more sensitive to energy regulation.

  13. Energy conservation and sustainable economic growth: The case of Latin America and the Caribbean

    International Nuclear Information System (INIS)

    Chang, Ching-Chih; Soruco Carballo, Claudia Fabiola

    2011-01-01

    This study examines the causal relationships among energy consumption, economic growth and carbon dioxide emissions in twenty countries from Latin America and the Caribbean region. The methodology includes the use of Phillips and Perron (PP) tests, a cointegration model with vector error correction modeling (VECM) and vector autoregression (VAR) with Granger causality. The study concludes that of the twenty countries analyzed, only in four of them will it be possible to implement energy conservation polices without affecting their economic growth, four others are not able to consider an energy conservation policy with economic growth, and the other twelve should focus on their economic growth before adopting any conservation policies. Energy efficiency was found in this region, especially in the countries which have both cointegration and short-term equilibrium. - Highlights: → Only four countries could implement energy conservation polices without affecting economic growth. → Twelve nations should focus on their economic growth before designing any energy conservation policies. → Energy efficiency was found in the countries which have both cointegration and short-term equilibrium.

  14. The causality between energy consumption and economic growth in Turkey

    International Nuclear Information System (INIS)

    Erdal, Guelistan; Erdal, Hilmi; Esenguen, Kemal

    2008-01-01

    This paper applies the causality test to examine the causal relationship between primary energy consumption (EC) and real Gross National Product (GNP) for Turkey during 1970-2006. We employ unit root tests, the augmented Dickey-Fuller (ADF) and the Philips-Perron (PP), Johansen cointegration test, and Pair-wise Granger causality test to examine relation between EC and GNP. Our empirical results indicate that the two series are found to be non-stationary. However, first differences of these series lead to stationarity. Further, the results indicate that EC and GNP are cointegrated and there is bidirectional causality running from EC to GNP and vice versa. This means that an increase in EC directly affects economic growth and that economic growth also stimulates further EC. This bidirectional causality relationship between EC and GNP determined for Turkey at 1970-2006 period is in accordance with the ones in literature reported for similar countries. Consequently, we conclude that energy is a limiting factor to economic growth in Turkey and, hence, shocks to energy supply will have a negative impact on economic growth

  15. City and Energy Infrastructures between Economic Processes and Urban Planning

    Directory of Open Access Journals (Sweden)

    Giuseppe Mazzeo

    2013-11-01

    Full Text Available The paper deals with the issues related to the relationship between city, energy, economic factors and city planning. These issues are analyzed from a theoretical point of view and are placed in a logical path based on three assumptions. The first considers the city as an intelligent system constantly evolving. The second considers the city as a system where economic processes come out at their highest level affecting other aspects of social and urban structure. The third considers the planning as the weak link in the process of urban development, one of the most exposed to economic and social pressures.Energy production has experienced a great progress since steam and electricity were discovered. Each stage of this evolution has affected city and territory introducing significant physical signs, changing the ways of carrying out functions and creating new needs and new activities. The energy revolution, based on sustainable sources and on skillful management of the networks, will strongly affect the city and the way of organizing the activities, their location, dimension, and the shape of the spaces.The paper explores some of the issues related to the relationship between urban system and energy.The first section analyzes the meaning of the intelligent city as an entity that is constantly changing and constantly adapting. The second section analyzes the role of the energy systems in the evolution of the activities and of the city’s image. The last section investigates the role of the economic factors in the evolution of the shape and meaning of city, pointing out that the way towards smart and green urban systems will largely depend on their economic advantage. 

  16. Essays on economic development, energy demand, and the environment

    Science.gov (United States)

    Medlock, Kenneth Barry, III

    2000-10-01

    The rapid expansion of industry at the outset of economic development and the subsequent growth of the transportation and residential and commercial sectors dictate both the rate at which energy demand increases and the composition of primary fuel sources used to meet secondary requirements. Each of these factors each has an impact on the pollution problems that nations may face. Growth in consumer wealth, however, appears to eventually lead to a shift in priorities. In particular, the importance of the environment begins to take precedent over the acquisition of goods. Accordingly, cleaner energy alternatives are sought out. The approach taken here is to determine the energy profile of an average nation, and apply those results to a model of economic growth. Dematerialization of production and saturation of consumer bundles results in declining rates of growth of energy demand in broadly defined end-use sectors. The effects of technological change in fossil fuel efficiency, fossil fuel recovery, and 'backstop' energy resources on economic growth and the emissions of carbon dioxide are then analyzed. A central planner is assumed to optimize the consumption of goods and services subject to capital and resource constraints. Slight perturbations in the parameters are used to determine their local elasticities with respect to different endogenous variables, and give an indication of the effects of changes in the various assumptions.

  17. An Economic Analysis of Residential Photovoltaic Systems with and without Energy Storage

    Science.gov (United States)

    Kizito, Rodney

    Residential photovoltaic (PV) systems serve as a source of electricity generation that is separate from the traditional utilities. Investor investment into residential PV systems provides several financial benefits such as federal tax credit incentives for installation, net metering credit from excess generated electricity added back to the grid, and savings in price per kilowatt-hour (kWh) from the PV system generation versus the increasing conventional utility price per kWh. As much benefit as stand-alone PV systems present, the incorporation of energy storage yields even greater benefits. Energy storage (ES) is capable of storing unused PV provided energy from daytime periods of high solar supply but low consumption. This allows the investor to use the stored energy when the cost of conventional utility power is high, while also allowing for excess stored energy to be sold back to the grid. This paper aims to investigate the overall returns for investor's investing in solely PV and ES-based PV systems by using a return of investment (ROI) economic analysis. The analysis is carried out over three scenarios: (1) residence without a PV system or ES, (2) residence with just a PV system, and (3) residence with both a PV system and ES. Due to the variation in solar exposure across the regions of the United States, this paper performs an analysis for eight of the top solar market states separately, accounting for the specific solar generation capabilities of each state. A Microsoft Excel tool is provided for computation of the ROI in scenario 2 and 3. A benefit-cost ration (BCR) is used to depict the annual economic performance of the PV system (scenario 2) and PV + ES system (scenario 3). The tool allows the user to adjust the variables and parameters to satisfy the users' specific investment situation.

  18. Cost Assessment Methodology and Economic Viability of Tidal Energy Projects

    Directory of Open Access Journals (Sweden)

    Eva Segura

    2017-11-01

    Full Text Available The exploitation of technologies with which to harness the energy from ocean currents will have considerable possibilities in the future thanks to their enormous potential for electricity production and their high predictability. In this respect, the development of methodologies for the economic viability of these technologies is fundamental to the attainment of a consistent quantification of their costs and the discovery of their economic viability, while simultaneously attracting investment in these technologies. This paper presents a methodology with which to determine the economic viability of tidal energy projects, which includes a technical study of the life-cycle costs into which the development of a tidal farm can be decomposed: concept and definition, design and development, manufacturing, installation, operation and maintenance and dismantling. These cost structures are additionally subdivided by considering their sub-costs and bearing in mind the main components of the tidal farm: the nacelle, the supporting tidal energy converter structure and the export power system. Furthermore, a technical study is developed in order to obtain an estimation of the annual energy produced (and, consequently, the incomes generated if the electric tariff is known by considering its principal attributes: the characteristics of the current, the ability of the device to capture energy and its ability to convert and export the energy. The methodology has been applied (together with a sensibility analysis to the particular case of a farm composed of first generation tidal energy converters in one of the Channel Island Races, the Alderney Race, in the U.K., and the results have been attained by means of the computation of engineering indexes, such as the net present value, the internal rate of return, the discounted payback period and the levelized cost of energy, which indicate that the proposed project is economically viable for all the case studies.

  19. Energy and Economic Trade Offs for Advanced Technology Subsonic Aircraft

    Science.gov (United States)

    Maddalon, D. V.; Wagner, R. D.

    1976-01-01

    Changes in future aircraft technology which conserve energy are studied, along with the effect of these changes on economic performance. Among the new technologies considered are laminar-flow control, composite materials with and without laminar-flow control, and advanced airfoils. Aircraft design features studied include high-aspect-ratio wings, thickness ratio, and range. Engine technology is held constant at the JT9D level. It is concluded that wing aspect ratios of future aircraft are likely to significantly increase as a result of new technology and the push of higher fuel prices. Composite materials may raise aspect radio to about 11 to 12 and practical laminar flow-control systems may further increase aspect ratio to 14 or more. Advanced technology provides significant reductions in aircraft take-off gross weight, energy consumption, and direct operating cost.

  20. Clean Energy-Related Economic Development Policy across the States: Establishing a 2016 Baseline

    Energy Technology Data Exchange (ETDEWEB)

    Cook, Jeffrey J. [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2017-01-01

    States implement clean energy-related economic development policy to spur innovation, manufacturing, and to address other priorities. This report focuses on those policies most directly related to expanding new and existing manufacturing. The extent to which states invest in this policymaking depends on political drivers and jurisdictional economic development priorities. To date, no one source has collected all of the clean energy-related economic development policies available across the 50 states. Thus, it is unclear how many policies exist within each state and how these policies, when implemented, can drive economic development. Establishing the baseline of existing policy is a critical first step in determining the potential holistic impact of these policies on driving economic growth in a state. The goal of this report is to document the clean energy-related economic development policy landscape across the 50 states with a focus on policy that seeks to expand new or existing manufacturing within a state. States interested in promoting clean energy manufacturing in their jurisdictions may be interested in reviewing this landscape to determine how they compare to peers and to adjust their policies as necessary. This report documents over 900 existing clean energy-related economic development laws, financial incentives (technology-agnostic and clean energy focused), and other policies such as agency-directed programs and initiatives across the states.

  1. Energy and economic growth in industrializing countries

    Energy Technology Data Exchange (ETDEWEB)

    Samouilidis, J E; Mitropoulos, C S

    1984-07-01

    This paper investigates some aspects of the interrelated paths of economic growth and energy demand, in the case of an industrializing economy, through the use of numerous econometric models. Translog functions have helped establish that income and price elasticities of energy, two critical parameters in the energy-economy interaction, exhibit falling trends with time. The value share of the industrial sector is strongly associated with both energy demand and energy intensity. Any increase in the former will lead to amplified increases in the latter, rendering the continuation of past trends in industrial expansion questionable under conditions of high energy costs. Substitution among capital, labor and energy does take place, though to a limited extent, as indicated by the aggregate measure of energy/non-energy substitution elasticity. All findings appear to suggest that energy policymaking, in an industrializing country like Greece, will be of low effectiveness until certain structural changes in the economy are realized.

  2. Effects of feeding diets varying in energy and nutrient density to Hy-Line W-36 laying hens on production performance and economics.

    Science.gov (United States)

    dePersio, S; Utterback, P L; Utterback, C W; Rochell, S J; O'Sullivan, N; Bregendahl, K; Arango, J; Parsons, C M; Koelkebeck, K W

    2015-02-01

    The objectives of this study were to evaluate the effects of feeding 5 different energy and nutrient dense diets to Hy-Line W-36 hens on long-term performance and economics. A total of 480 19 wk old Hy-Line W-36 Single Comb White Leghorn hens were weighed and randomly allocated to 6 replicate groups of 16 hens each (2 adjacent cages containing 8 hens per cage, 60.9×58.4 cm) per dietary treatment in a randomized complete block design. The hens were fed 5 treatment diets formulated to contain 85, 90, 95, 100, and 105% of the energy and nutrient recommendations stated in the 2009 Hy-Line Variety W-36 Commercial Management Guide. Production performance was measured for 52 wk from 19 to 70 wk age. Over the course of the trial, a significant increasing linear response to increasing energy and nutrient density was seen for hen-day egg production, egg weight, egg mass, feed efficiency, energy intake, and body weight (BW). Feed intake showed no significant linear level response to increasing energy and nutrient density except during the early production cycle. No consistent responses were noted for egg quality, percent yolk, and percent egg solids throughout the study. Significant linear responses due to energy and nutrient density were seen for egg income, feed cost, and income minus feed cost. In general, as energy and nutrient density increased, egg income and feed cost per hen increased, but income minus feed cost decreased. Overall, these results indicate that feeding Hy-Line W-36 hens increasing energy and nutrient-dense diets will increase egg production, egg weight, egg mass, feed efficiency, energy intake, BW, egg income, and feed cost, but decrease egg income minus feed cost. However, these benefits do not take effect in early production and seem to be most effective in later stages of the production cycle, perhaps "priming" the birds for better egg-production persistency with age. © 2015 Poultry Science Association Inc.

  3. Integrated economic assessment of energy and forestry mitigation options using MARKAL

    International Nuclear Information System (INIS)

    1998-01-01

    There have been a number of economic assessment of GHG mitigation studies carried out in Indonesia. Several alternative mitigation options for energy and non-energy sectors have been described and the economic assessment of the options has been done for each sectors. However, most of the economic assessment particularly for non-energy sector, was not to find a least cost option but the lowest cost options. A program called MARKAL developed by a consortium of energy specialists from more than a dozen countries in the early 1980s, is a program that can be used for optimization, so that the least cost options could be selected. Indonesia has used this program intensively for energy system analysis. Attempt to use this program for other sector has not been developed as this program was designed for energy sector. Therefore, using MARKAL for other sector, all activities of the other sectors should be treated as energy activities. This study is aimed to use MARKAL for analysing both energy and forestry sector together. This paper described briefly the methodology of using MARKAL for both energy and forestry sectors. As the activities in energy sector have unique characteristics, thus only forest activities are described in more detail. (au)

  4. Energy consumption and economic growth: A causality analysis for Greece

    International Nuclear Information System (INIS)

    Tsani, Stela Z.

    2010-01-01

    This paper investigates the causal relationship between aggregated and disaggregated levels of energy consumption and economic growth for Greece for the period 1960-2006 through the application of a later development in the methodology of time series proposed by Toda and Yamamoto (1995). At aggregated levels of energy consumption empirical findings suggest the presence of a uni-directional causal relationship running from total energy consumption to real GDP. At disaggregated levels empirical evidence suggests that there is a bi-directional causal relationship between industrial and residential energy consumption to real GDP but this is not the case for the transport energy consumption with causal relationship being identified in neither direction. The importance of these findings lies on their policy implications and their adoption on structural policies affecting energy consumption in Greece suggesting that in order to address energy import dependence and environmental concerns without hindering economic growth emphasis should be put on the demand side and energy efficiency improvements.

  5. Revisiting the Granger Causality Relationship between Energy Consumption and Economic Growth in China: A Multi-Timescale Decomposition Approach

    Directory of Open Access Journals (Sweden)

    Lei Jiang

    2017-12-01

    Full Text Available The past four decades have witnessed rapid growth in the rate of energy consumption in China. A great deal of energy consumption has led to two major issues. One is energy shortages and the other is environmental pollution caused by fossil fuel combustion. Since energy saving plays a substantial role in addressing both issues, it is of vital importance to study the intrinsic characteristics of energy consumption and its relationship with economic growth. The topic of the nexus between energy consumption and economic growth has been hotly debated for years. However, conflicting conclusions have been drawn. In this paper, we provide a novel insight into the characteristics of the growth rate of energy consumption in China from a multi-timescale perspective by means of adaptive time-frequency data analysis; namely, the ensemble empirical mode decomposition method, which is suitable for the analysis of non-linear time series. Decomposition led to four intrinsic mode function (IMF components and a trend component with different periods. Then, we repeated the same procedure for the growth rate of China’s GDP and obtained four similar IMF components and a trend component. In the second stage, we performed the Granger causality test. The results demonstrated that, in the short run, there was a bidirectional causality relationship between economic growth and energy consumption, and in the long run a unidirectional relationship running from economic growth to energy consumption.

  6. India's economic growth and energy consumption: scope for efficiency and conservation

    International Nuclear Information System (INIS)

    Yadav, S.S.

    2000-01-01

    Like all developing countries in general, India has very low per capita consumption of energy. But the consumption pattern per unit of economic output is high. There is a need to make efforts and evolve mechanism so that energy consumption growth rate decelerates while the desired economic growth takes place. In case of India, large imports of petroleum products impact very adversely on trade balance and consequently on economic growth itself. This paper enumerates various ways - legal, financial and technological - that should be adopted to increase energy efficiency and conservation effort. No single method or tool in isolation may be effective but an integrated approach involving several tools and mechanisms is sure to yield desired results. (author)

  7. Economic Impacts of Future Changes in the Energy System - Global Perspectives

    DEFF Research Database (Denmark)

    Glynn, James; Fortes, Patrícia; Krook-Riekkola, Anna

    2015-01-01

    climate change. This chapter summarises modelling methodologies developed in the ETSAP community to assess economic impacts of decarbonising energy systems at a global level. The next chapter of this book focuses on a national perspective. The range of economic impacts is regionally dependent upon...... the stage of economic development, the level of industrialisation, energy intensity of exports, and competition effects due to rates of relative decarbonisation. Developed nation’s decarbonisation targets are estimated to result in a manageable GDP loss in the region of 2 % by 2050. Energy intensive export...... driven developing countries such as China and India, and fossil fuel exporting nations can expect significantly higher GDP loss of up to 5 % GDP per year by mid-century....

  8. Geopolitical and Economic Aspects of Nuclear Energy

    Directory of Open Access Journals (Sweden)

    Stanislaw Z. Zhiznin

    2015-01-01

    Full Text Available Nuclear power in its present form was created during the Cold War and is its heritage. The main objective of nuclear energy at that time, along with energy, was the creation and accumulation of nuclear materials. To this aim a existing nuclear power plants based on uranium-plutonium cycle. Everything else - the processing of radioactive waste and spent nuclear fuel, storage, recycling themselves nuclear power plant after its end of life, the risks of proliferation of nuclear materials and other environmental issues - minor. It was also believed that the nuclear power plant - the most reliable and safe plant. During the last twenty years all over the world the number of new orders for nuclear aggregates has decreased. That happens for a number of reasons, including public resistance, that the construction of new NPP and the excess of energy utilities in many markets, which is mainly connected with high market competition in energy markets and low economic indicators of the current nuclear utilities. The technology that consists of low capital costs, a possibility for quick construction and guarantied exploitation quality is on the winners side, but currently this technology is absent. However, despite abovementioned downsides, as the experience of state corporation "Rosatom"has shown, many developing countries of the South-east Asia, The middle East, African regions express high interest in the development of nuclear energy in their countries. The decision whether to develop nuclear energy or to continue to develop is, in the end, up to the choice of the tasks that a country faces. The article describes these "minor" issues, as well as geopolitical and economic problems of the further development of nuclear energy.

  9. Brick industry: Technical and economic assessment of energy saving measures

    Energy Technology Data Exchange (ETDEWEB)

    Florio, G.; Romeo, G. (Calabria Univ., Arcavacata di Rende (Italy). Dipt. di Meccanica)

    Starting from a detailed energy analysis of the production cycle of bricks, the authors make a technical and economic assessment of any possible measure aimed at rationalizing energy. They take energy conservation into consideration not only through the use of exhausted oil residues, but also through the employment of a turboalternator or an internal combustion engine for cogeneration. Both applications of cogeneration prove to be highly interesting from an economic viewpoint even though the turboalternator is put at a disadvantage in competing with internal combustion engines since it increases the overall cogeneration plant costs with respect to the latter.

  10. On the physics of power, energy and economics of renewable electric energy sources - Part II

    International Nuclear Information System (INIS)

    Skoglund, Annika; Leijon, Mats; Waters, Rafael; Rehn, Alf; Lindahl, Marcus

    2010-01-01

    Renewable Energy Technologies (RETs) are often recognized as less competitive than traditional electric energy conversion systems. Obstacles with renewable electric energy conversion systems are often referred to the intermittency of the energy sources and the relatively high maintenance cost. However, due to an intensified discourse on climate change and its effects, it has from a societal point of view, become more desirable to adopt and install CO 2 neutral power plants. Even if this has increased the competitiveness of RETs in a political sense, the new goals for RET installations must also be met with economical viability. We propose that the direction of technical development, as well as the chosen technology in new installations, should not primarily be determined by policies, but by the basic physical properties of the energy source and the associated potential for inexpensive energy production. This potential is the basic entity that drives the payback of the investment of a specific RET power plant. With regard to this, we argue that the total electric energy conversion system must be considered if effective power production is to be achieved, with focus on the possible number of full loading hours and the Degree of Utilization. This will increase the cost efficiency and economical competitiveness of RET investments, and could enhance faster diffusion of new innovations and installations without over-optimistic subsidies. This paper elaborates on the overall problem of the economy of renewable electric energy conversion systems by studying the interface between physics, engineering and economy reported for RET power plants in different scientific publications. The core objective is to show the practical use of the Degree of Utilization and how the concept is crucial for the design and economical optimization disregarding subsidies. The results clearly indicate that the future political regulative frameworks should consider the choice of renewable energy

  11. A novel polygeneration system integrating photovoltaic/thermal collectors, solar assisted heat pump, adsorption chiller and electrical energy storage: Dynamic and energy-economic analysis

    International Nuclear Information System (INIS)

    Calise, Francesco; Figaj, Rafal Damian; Vanoli, Laura

    2017-01-01

    Highlights: • Space heating/cooling, domestic hot water and electrical energy are provided by the system. • Two different users are investigated: fitness center and office. • The influence of the battery system on system economic performance is scarce. • Net metering contract is more profitable compared to simplified purchase/resale arrangement one. - Abstract: In this paper a dynamic simulation model and a thermo-economic analysis of a novel polygeneration system are presented. The system includes photovoltaic/thermal collectors coupled with a solar-assisted heat pump, an adsorption chiller and an electrical energy storage. The modelled plant supplies electrical energy, space heating and cooling and domestic hot water. The produced solar thermal energy is used during the winter to supply the heat pump evaporator, providing the required space heating. In summer, solar thermal energy is used to drive an adsorption chiller providing the required space cooling. All year long, solar thermal energy in excess, with respect to the space heating and cooling demand, is used to produce domestic hot water. The produced electrical energy is self-consumed by both user and system auxiliary equipment and/or supplied to the grid. The system model includes a detailed electrical energy model for user storage and exchange with the grid along with a detailed building model. This study is a continuation of previous works recently presented by the authors. In particular, the present paper focuses on the real electrical demands of several types of users and on the analysis of the comfort of building users. Differently from the works previously published by the authors, the present work bases the calculations on measured electrical demands of real users (fitness center and offices). The system performance is analyzed with two different electricity supply contracts: net metering and simplified purchase/resale arrangement. Daily, weekly and yearly results are presented. Finally, a

  12. Characterizing China's energy consumption with selective economic factors and energy-resource endowment: a spatial econometric approach

    Science.gov (United States)

    Jiang, Lei; Ji, Minhe; Bai, Ling

    2015-06-01

    Coupled with intricate regional interactions, the provincial disparity of energy-resource endowment and other economic conditions in China have created spatially complex energy consumption patterns that require analyses beyond the traditional ones. To distill the spatial effect out of the resource and economic factors on China's energy consumption, this study recast the traditional econometric model in a spatial context. Several analytic steps were taken to reveal different aspects of the issue. Per capita energy consumption (AVEC) at the provincial level was first mapped to reveal spatial clusters of high energy consumption being located in either well developed or energy resourceful regions. This visual spatial autocorrelation pattern of AVEC was quantitatively tested to confirm its existence among Chinese provinces. A Moran scatterplot was employed to further display a relatively centralized trend occurring in those provinces that had parallel AVEC, revealing a spatial structure with attraction among high-high or low-low regions and repellency among high-low or low-high regions. By a comparison between the ordinary least square (OLS) model and its spatial econometric counterparts, a spatial error model (SEM) was selected to analyze the impact of major economic determinants on AVEC. While the analytic results revealed a significant positive correlation between AVEC and economic development, other determinants showed some intricate influential patterns. The provinces endowed with rich energy reserves were inclined to consume much more energy than those otherwise, whereas changing the economic structure by increasing the proportion of secondary and tertiary industries also tended to consume more energy. Both situations seem to underpin the fact that these provinces were largely trapped in the economies that were supported by technologies of low energy efficiency during the period, while other parts of the country were rapidly modernized by adopting advanced

  13. Economic Energy Savings Potential in Federal Buildings

    Energy Technology Data Exchange (ETDEWEB)

    Brown, Daryl R.; Dirks, James A.; Hunt, Diane M.

    2000-09-04

    The primary objective of this study was to estimate the current life-cycle cost-effective (i.e., economic) energy savings potential in Federal buildings and the corresponding capital investment required to achieve these savings, with Federal financing. Estimates were developed for major categories of energy efficiency measures such as building envelope, heating system, cooling system, and lighting. The analysis was based on conditions (building stock and characteristics, retrofit technologies, interest rates, energy prices, etc.) existing in the late 1990s. The potential impact of changes to any of these factors in the future was not considered.

  14. Day-ahead economic optimisation of energy storage

    NARCIS (Netherlands)

    Lampropoulos, I.; Garoufalis, P.; Bosch, van den P.P.J.; Groot, de R.J.W.; Kling, W.L.

    2014-01-01

    This article addresses the day-ahead economic optimisation of energy storage systems within the setting of electricity spot markets. The case study is about a lithium-ion battery system integrated in a low voltage distribution grid with residential customers and photovoltaic generation in the

  15. Dataset of working conditions and thermo-economic performances for hybrid organic Rankine plants fed by solar and low-grade energy sources

    Directory of Open Access Journals (Sweden)

    Domenico Scardigno

    2016-06-01

    Full Text Available This article provides the dataset of operating conditions of a hybrid organic Rankine plant generated by the optimization procedure employed in the research article “A genetic optimization of a hybrid organic Rankine plant for solar and low-grade energy sources” (Scardigno et al., 2015 [1]. The methodology used to obtain the data is described. The operating conditions are subdivided into two separate groups: feasible and unfeasible solutions. In both groups, the values of the design variables are given. Besides, the subset of feasible solutions is described in details, by providing the thermodynamic and economic performances, the temperatures at some characteristic sections of the thermodynamic cycle, the net power, the absorbed powers and the area of the heat exchange surfaces.

  16. EMBIO - The Danish Energy Agency's model for economic and environmental evaluation of bio-fuels. Appendix

    International Nuclear Information System (INIS)

    1997-01-01

    A methodological concept is established for a life-cycle based model which can be used for socio- and private economic and environmental assessment of automotive bio-fuels. The calculation method must be able to calculate socio-economic, energy, environmental, and other consequences by alternative productions and uses of bio-fuels. The main emphasis in the development of the model has been put on the relation between CO 2 reduction and economics. The appendix presents details of the model used for evaluating two specific projects: 'Bio-diesel in the Lemvig area (Denmark), rape seeds as energy crops'; 'Ethanol in the green bio-refining plant'. The results from the use of the model are presented and sensitivity analyses of the model results are performed. Furthermore, a number of background information is presented to be used in relation to the model for evaluating alternative production methods and uses of bio-fuels. Primarily Danish and other European sources of information are selected. (LN)

  17. Performance of Radiant Heating Systems of Low-Energy Buildings

    Science.gov (United States)

    Sarbu, Ioan; Mirza, Matei; Crasmareanu, Emanuel

    2017-10-01

    After the introduction of plastic piping, the application of water-based radiant heating with pipes embedded in room surfaces (i.e., floors, walls, and ceilings), has significantly increased worldwide. Additionally, interest and growth in radiant heating and cooling systems have increased in recent years because they have been demonstrated to be energy efficient in comparison to all-air distribution systems. This paper briefly describes the heat distribution systems in buildings, focusing on the radiant panels (floor, wall, ceiling, and floor-ceiling). Main objective of this study is the performance investigation of different types of low-temperature heating systems with different methods. Additionally, a comparative analysis of the energy, environmental, and economic performances of floor, wall, ceiling, and floor-ceiling heating using numerical simulation with Transient Systems Simulation (TRNSYS) software is performed. This study showed that the floor-ceiling heating system has the best performance in terms of the lowest energy consumption, operation cost, CO2 emission, and the nominal boiler power. The comparison of the room operative air temperatures and the set-point operative air temperature indicates also that all radiant panel systems provide satisfactory results without significant deviations.

  18. The energy performance contract - key towards energy efficiency in Europe?

    Directory of Open Access Journals (Sweden)

    Murafa Corina

    2017-07-01

    Full Text Available The paper focuses on the Energy Performance Contract (EPC as a business model for energy efficiency. More precisely, it examines, using two case studies, enablers and disablers – from an economic, legal and institutional/managerial perspective – for advancing this arrangement across the EU. The EU has set a 20% energy savings target by 2020 (roughly equivalent to turning off 400 power stations, with an even more ambitious target of 27% by 2030. To reach these ambitious targets, the investments needed are approximately EUR 100 bn/year across the EU (according to the European Commission. Energy efficiency is not, as fervent proponents often claim, the low hanging fruit in terms of investment efforts. Like any other sub-sector, such as transmission and distribution, it demands innovative financing instruments to ensure adequate scale-up. In the paper, I use two comparative case studies to identify and classify the disablers and enablers of Energy Performance Contracting/Energy Services Companies (ESCOs development: the European frontrunner, namely Germany, and a laggard, namely Romania. As research methodology, I use literature review, comparisons between similar government policy planning and evaluation documents, and stakeholder interviews. While academic literature on the topic (Seefeldt, 2003; Wilhelm, 2015 is developed for Germany, for Romania a critical reflection on EPC promotion policy is to be found only in industry documents (e.g.: ARPEE, 2013; Tractebel, 2015. The German success demonstrates that, contrary to the belief of Romanian stakeholders, it is not the lack of a standardized contract model that prevents EPC development, but lack of genuine commitment, drive and leadership of public officials in promoting this financing instrument. A solid communication between public authorities and private beneficiaries, and public administration capacity for impact assessment and evidence-based policy planning are two other significant

  19. Scenarios of socio-economic and energy development of the country up to 2010

    International Nuclear Information System (INIS)

    Tsvetanov, P.

    1990-01-01

    The scenarios description is given as the first stage of a procedure of an energy-economy interrelations dynamics study, the other two stages being the formulation and the analysis of the development variants. The scenarios reflect quantitatively the policies and the international conditions for the socio-economic, energy demand and energy supply developments of the country. Two economic development scenarios ('high' - official macroeconomic views and 'low' - economic restructuring and decrease of energy intensity) hierarchically preside over the two corresponding energy demand scenarios of different technological evolutions ('traditional' and 'energy efficiency' oriented one) in the industry, the transport and the domestic and services sectors. Four energy supply system scenarios follow, corresponding to different approaches in the development of the energy conversion technologies and energy carriers, thus constituting a scenario tree of the studies. 16 refs., 2 figs., 7 tab., 1 ann. (R.Ts.)

  20. Energy and economic growth in the USA: a multivariate approach

    International Nuclear Information System (INIS)

    Stern, D.I.

    1993-01-01

    This paper examines the casual relationship between Gross Domestic Product and energy use for the period 1947-90 in the United States of America. The relationship between energy use and economic growth has been examined by both biophysical and neoclassical economists. In particular, several studies have tested for the presence of a causal relationships (in the Granger sense) between energy use and economic growth. However, these tests do not allow a direct test of the relative explanatory powers of the neoclassical and biophysical models. A multivariate adaptation of the test-vector autoregression (VAR) does allow such a test. A VAR of GDP, energy use, capital stock and employment is estimated and Granger tests for causal relationships between the variables are carried out. Although there is no evidence that gross energy use Granger causes GDP, a measure of final energy use adjusted for changing fuel composition does Granger cause GDP. (author)

  1. Economic, energy and GHG emissions performance evaluation of a WhisperGen Mk IV Stirling engine μ-CHP unit in a domestic dwelling

    International Nuclear Information System (INIS)

    Conroy, G.; Duffy, A.; Ayompe, L.M.

    2014-01-01

    Highlights: • The performance of a Stirling engine MK IV micro-CHP unit was evaluated in a domestic dwelling in Ireland. • The performance of the micro-CHP was compare to that of a condensing gas boiler. • The micro-CHP unit resulted in an annual cost saving of €180 compared to the condensing gas boiler. • Electricity imported from the grid decreased by 20.8% while CO 2 emissions decreased by 16.1%. • The micro-CHP unit used 2889 kW h of gas more than the condensing gas boiler during one year of operation. - Abstract: This paper presents an assessment of the energy, economic and greenhouse gas emissions performances of a WhisperGen Mk IV Stirling engine μ-CHP unit for use in a conventional house in the Republic of Ireland. The energy performance data used in this study was obtained from a field trial carried out in Belfast, Northern Ireland during the period June 2004–July 2005 by Northern Ireland Electricity and Phoenix Gas working in collaboration with Whispertech UK. A comparative performance analysis between the μ-CHP unit and a condensing gas boiler revealed that the μ-CHP unit resulted in an annual cost saving of €180 with an incremental simple payback period of 13.8 years when compared to a condensing gas boiler. Electricity imported from the grid decreased by 20.8% while CO 2 emissions decreased by 16.1%. The μ-CHP unit used 2889 kW h of gas more than the condensing gas boiler

  2. Studying the effects of combining internal and external heat recovery on techno-economic performances of gas–steam power plants

    International Nuclear Information System (INIS)

    Carapellucci, Roberto; Giordano, Lorena

    2016-01-01

    Highlights: • Effects of gas-cycle regeneration on steam–gas power plants are investigated. • Power plant performances are evaluated varying gas turbine operative parameters. • The power plant operational flexibility is assessed through an off-design analysis. • Gas-cycle regeneration improves energy and economic performance parameters. • Power increase due to regenerator by-pass depends on steam section design. - Abstract: Thermodynamic regeneration is regarded as a conventional technique to enhance the efficiency of gas turbines, by means of an internal recovery of waste heat from exhaust gases. In combined cycle power plants (CCGTs), only external heat recovery is usually applied, in order to achieve the highest steam cycle power. Combining internal and external recovery, while decreasing the power plant rated capacity, has the potential to boost the efficiency of CCGTs. This paper aims to examine the effects of thermodynamic regeneration on steam–gas power plants from the energy and economic point of view. First, a dual pressure combined cycle based on a regenerative gas turbine is designed using GateCycle software and effects on energy and economic performances are evaluated varying gas turbine operating parameters. Then, an off-design simulation of different CCGT configurations is carried out, in order to evaluate the power increase achieved by-passing the regenerator and its effects on efficiency and cost of electricity. The study has shown that the improvement of energy and economic performances of regenerative CCGTs is more and more pronounced with the increase of turbine inlet temperature (TIT). Additionally, regeneration enhances the power plant operational flexibility, allowing to obtain a 30% power increase with respect to the design value, if the regenerator is fully by-passed and the bottoming steam cycle is designed to manage the increased flue gas temperature.

  3. A Chance-Constrained Economic Dispatch Model in Wind-Thermal-Energy Storage System

    Directory of Open Access Journals (Sweden)

    Yanzhe Hu

    2017-03-01

    Full Text Available As a type of renewable energy, wind energy is integrated into the power system with more and more penetration levels. It is challenging for the power system operators (PSOs to cope with the uncertainty and variation of the wind power and its forecasts. A chance-constrained economic dispatch (ED model for the wind-thermal-energy storage system (WTESS is developed in this paper. An optimization model with the wind power and the energy storage system (ESS is first established with the consideration of both the economic benefits of the system and less wind curtailments. The original wind power generation is processed by the ESS to obtain the final wind power output generation (FWPG. A Gaussian mixture model (GMM distribution is adopted to characterize the probabilistic and cumulative distribution functions with an analytical expression. Then, a chance-constrained ED model integrated by the wind-energy storage system (W-ESS is developed by considering both the overestimation costs and the underestimation costs of the system and solved by the sequential linear programming method. Numerical simulation results using the wind power data in four wind farms are performed on the developed ED model with the IEEE 30-bus system. It is verified that the developed ED model is effective to integrate the uncertain and variable wind power. The GMM distribution could accurately fit the actual distribution of the final wind power output, and the ESS could help effectively decrease the operation costs.

  4. Bounds test approach to cointegration and causality between nuclear energy consumption and economic growth in India

    International Nuclear Information System (INIS)

    Wolde-Rufael, Yemane

    2010-01-01

    This paper attempts to examine the dynamic relationship between economic growth, nuclear energy consumption, labor and capital for India for the period 1969-2006. Applying the bounds test approach to cointegration developed by we find that there was a short- and a long-run relationship between nuclear energy consumption and economic growth. Using four long-run estimators we also found that nuclear energy consumption has a positive and a statistically significant impact on India's economic growth. Further, applying the approach to Granger causality and the variance decomposition approach developed by , we found a positive and a significant uni-directional causality running from nuclear energy consumption to economic growth without feedback. This implies that economic growth in India is dependent on nuclear energy consumption where a decrease in nuclear energy consumption may lead to a decrease in real income. For a fast growing energy-dependent economy this may have far-reaching implications for economic growth. India's economic growth can be frustrated if energy conservation measures are undertaken without due regard to the negative impact they have on economic growth.

  5. Energy UK 1986. An economic, social and policy audit

    Energy Technology Data Exchange (ETDEWEB)

    Harrison, A; Gretton, J [eds.

    1986-01-01

    In a yearbook on energy in the UK with emphasis on economic, social and policy issues, eleven articles are presented of which nine were selected and indexed separately. The topics covered include energy forecasting, energy conservation, its balance with respect to supply investment, government relationships with fuel industries, fuel poverty, acid rain and efficiency studies of the electricity supply industry.

  6. Discovering the energy, economic and environmental potentials of urban wastes: An input–output model for a metropolis case

    International Nuclear Information System (INIS)

    Song, Junnian; Yang, Wei; Li, Zhaoling; Higano, Yoshiro; Wang, Xian’en

    2016-01-01

    Highlights: • A waste-to-energy system is constructed incorporating various urban wastes and technologies. • Waste-to-energy industries are formed and introduced into current socioeconomic system. • A novel input–output simulation model is developed and applied to a metropolis. • Complete energy, economic and environmental potentials of urban wastes are discovered. - Abstract: Tremendous amounts of wastes are generated in urban areas due to accelerating industrialization and urbanization. The current unreasonable waste disposal patterns and potential energy value of urban wastes necessitates the promotion of waste-to-energy implementation. This study is intent on discovering the complete energy, economic and environmental potentials of urban wastes taking municipal solid wastes, waste oil, organic wastewater and livestock manure into consideration. A waste-to-energy system is constructed incorporating these wastes and five waste-to-energy technologies. A novel input–output simulation model is developed and applied to a metropolis to introduce the waste-to-energy system into the current socioeconomic system and form five waste-to-energy industries. The trends in waste generation and energy recovery potential, economic benefits and greenhouse gas mitigation contribution for the study area are estimated and explored from 2011 to 2025. By 2025, biodiesel production and power generation could amount to 72.11 thousand t and 1.59 billion kW h respectively. Due to the highest energy recovery and the most subsidies, the organic wastewater biogas industry has the highest output and net profit, followed by the waste incineration power generation industry. In total 17.97 million t (carbon dioxide-equivalent) accumulative greenhouse gas emission could be mitigated. The organic wastewater biogas industry and waste incineration power generation industry are more advantageous for the study area in terms of better energy, economic and environmental performances. The

  7. THE RELEVANCE OF THE PERFORMANCE INDICATORS IN ECONOMIC AND FINANCIAL DIAGNOSIS

    Directory of Open Access Journals (Sweden)

    MIRELA MONEA

    2011-01-01

    Full Text Available Each company must achieve the objectives to reach performance in order to survive on the market. The paper aims to present the concept of performance as is seen in economic literature, to discuss the relevance of the main performances indicators on economic and financial diagnosis, to answer the question what are the main indicators which reflect economic or financial performances: profit, profitability ratios, economic added value, investments return, liquidity, cash-flows, resources efficiency, productivity, others.

  8. Energy consumption and economic growth: The case of oil exporting countries

    International Nuclear Information System (INIS)

    Mehrara, Mohsen

    2007-01-01

    This paper examines the causal relationship between the per capita energy consumption and the per capita GDP in a panel of 11 selected oil exporting countries by using panel unit-root tests and panel cointegration analysis. The results show a unidirectional strong causality from economic growth to energy consumption for the oil exporting countries. The findings have practical policy implications for decision makers in the area of macroeconomic planning. In most major oil exporting countries, government policies keep domestic prices bellow free market level, resulting in high levels of domestic energy consumption. The results imply that the energy conservation through reforming energy price policies has no damaging repercussions on economic growth for this group of countries. (author)

  9. Energy economics basics - Emphasis programme 2004 - 2007; Schwerpunktprogramm EWG 2004 bis 2007

    Energy Technology Data Exchange (ETDEWEB)

    Gutzwiller, L.

    2005-07-01

    This report from the Swiss Federal Office of Energy (SFOE) examines the work done within the framework of the interdisciplinary energy economics programme on scenarios and instruments for energy policy-making and economics, as well as on social and environmental aspects. The report reviews the emphasis and goals of the next phase of the programme for the period 2004 - 2007. A research road map is discussed that is to identify promising technologies that will provide a substantial contribution to meeting the goal of creating the so-called '2000-Watt Society'. The road map is to also help identify technologies that provide socio-economic advantages and identify bottlenecks and restraints on the propagation of energy-efficient technologies in the building and transport areas.

  10. Economic MPC for a linear stochastic system of energy units

    DEFF Research Database (Denmark)

    Jørgensen, John Bagterp; Sokoler, Leo Emil; Standardi, Laura

    2016-01-01

    This paper summarizes comprehensively the work in four recent PhD theses from the Technical University of Denmark related to Economic MPC of future power systems. Future power systems will consist of a large number of decentralized power producers and a large number of controllable power consumers...... in addition to stochastic power producers such as wind turbines and solar power plants. Control of such large scale systems requires new control algorithms. In this paper, we formulate the control of such a system as an Economic Model Predictive Control (MPC) problem. When the power producers and controllable...... power consumers have linear dynamics, the Economic MPC may be expressed as a linear program. We provide linear models for a number of energy units in an energy system, formulate an Economic MPC for coordination of such a system. We indicate how advances in computational MPC makes the solutions...

  11. Trends in economic growth, poverty and energy in Colombia: long-run and short-run effects

    Energy Technology Data Exchange (ETDEWEB)

    Cotte Poveda, Alexander [University of Goettingen, Department of Economics, Goettingen (Germany); University of La Salle, Faculty of Accounting and Administration, Bogota (Colombia); Pardo Martinez, Clara Ines [Royal Institute of Technology, KTH, Energy and Climate Studies, Department of Energy Technology, Stockholm (Sweden); University of La Salle, Faculty of Engineering, Bogota (Colombia)

    2011-11-15

    This research analyses the long run and short run relationships among economic growth, poverty and energy using the Colombian case. In this study, we use the time-series methodologies. The results regarding the relationship among economic growth, poverty and energy show that increases in gross domestic product and energy supply per capita should lead a decrease of poverty, which should demonstrate that access to modern and adequate energy services help to decrease poverty and to increase economic growth. Moreover, the improvements in energy efficiency have contributed to increase economic growth from an approach of sustainable development. These results are important for the adequate design, formulation and application of policies and strategies that encourage a better energy use to improve economic growth and decrease poverty, especially in developing countries. (orig.)

  12. Remarks on economic growth and energy demand

    International Nuclear Information System (INIS)

    Mueller, W.

    1979-01-01

    An energy policy according to the principles of decoupling is impossible without an increase in reasonable and profitable power application. It is also impossible without increased nuclear energy. Energy policy according to the principles of decoupling connects the natural growth tendency of a liberally arranged industry with the natural limits of the production factor 'nature'. Energy policy is the very sphere where tomorrow's necessities must be planned today. If in long range, a constant level of energy production struturised different from today's can be assumed, then this is future-bound. For it takes into consideration today tomorrow's necessities. This is the only guarantee we have for our industry to be able to grow tomorrow. On the basis of historical experience, an economic system will believe in the goal of a constant energy supply just as it was believing in abounding in energy up to day. The structure of the growth might change in long term. But accepting the thoughts of decoupling, progress will come. (orig./HP) [de

  13. A study on the relationship of environmental regulations and economic performances

    Science.gov (United States)

    Nisha, Jia; Chen, Shen

    2017-11-01

    This paper analyzes the mechanism transmission of environmental regulation affecting on economic performance from a new perspective. It shows that environmental regulations affect country’s economic performance through direct transmission and indirect transmission. Direct transmission means that environmental regulations affect economic performance from influencing corporation’s cost and revenue, and indirect transmission is that environmental regulations affect economic performance through leading to the increased effort of corporations in improving the quality of environment and building the image of fulfilling environmental responsibility.

  14. The economics of wind energy. Collection of papers for discussions

    Energy Technology Data Exchange (ETDEWEB)

    Vihriaelae, H [ed.

    1996-12-31

    This publication contains the proceedings of EWEA Special Topic Conference `95 on the economics of wind energy, held in Helsinki, Finland, on 5-7 September, 1995. The programme consisted of panel discussions and poster presentations on National Programmes and Operational Experience of Wind Energy, Grid Issues and Avoided Direct Costs of Wind Energy, Avoided External Costs of Wind Energy, The Role of Wind Energy in Future Energy Supply and Technical Innovations of Wind Energy

  15. The economics of wind energy. Collection of papers for discussions

    International Nuclear Information System (INIS)

    Vihriaelae, H.

    1995-01-01

    This publication contains the proceedings of EWEA Special Topic Conference '95 on the economics of wind energy, held in Helsinki, Finland, on 5-7 September, 1995. The programme consisted of panel discussions and poster presentations on National Programmes and Operational Experience of Wind Energy, Grid Issues and Avoided Direct Costs of Wind Energy, Avoided External Costs of Wind Energy, The Role of Wind Energy in Future Energy Supply and Technical Innovations of Wind Energy

  16. The economics of wind energy. Collection of papers for discussions

    Energy Technology Data Exchange (ETDEWEB)

    Vihriaelae, H. [ed.

    1995-12-31

    This publication contains the proceedings of EWEA Special Topic Conference `95 on the economics of wind energy, held in Helsinki, Finland, on 5-7 September, 1995. The programme consisted of panel discussions and poster presentations on National Programmes and Operational Experience of Wind Energy, Grid Issues and Avoided Direct Costs of Wind Energy, Avoided External Costs of Wind Energy, The Role of Wind Energy in Future Energy Supply and Technical Innovations of Wind Energy

  17. An object-oriented approach to energy-economic modeling

    Energy Technology Data Exchange (ETDEWEB)

    Wise, M.A.; Fox, J.A.; Sands, R.D.

    1993-12-01

    In this paper, the authors discuss the experiences in creating an object-oriented economic model of the U.S. energy and agriculture markets. After a discussion of some central concepts, they provide an overview of the model, focusing on the methodology of designing an object-oriented class hierarchy specification based on standard microeconomic production functions. The evolution of the model from the class definition stage to programming it in C++, a standard object-oriented programming language, will be detailed. The authors then discuss the main differences between writing the object-oriented program versus a procedure-oriented program of the same model. Finally, they conclude with a discussion of the advantages and limitations of the object-oriented approach based on the experience in building energy-economic models with procedure-oriented approaches and languages.

  18. Energy demand evolution in Romania between 1995 - 2020 in accordance with the socio-economic adjustment

    International Nuclear Information System (INIS)

    Popescu, A.; Popovici, D.; Popescu, M.; Valcereanu, Gh.; Oprea, G.; Velcescu, O.

    1996-01-01

    Economic and social development of Romania can not be achieved without an increasing energy consumption (in fuels, electricity and thermal energy). The energy supply assessment requires the knowledge of economic, technological, demographic and social development forecasting in accordance with the political transformations in Romania. This paper presents energy demand forecast in accordance with different scenarios of the country's macro-economical development. The future evolution of energy demand is emphasized considering the energy efficiency improvement and the energy conservation policies.(author). 6 figs., 2 tabs., 4 refs

  19. Modeling the CO2 emissions, energy use, and economic growth in Russia

    International Nuclear Information System (INIS)

    Pao, Hsiao-Tien; Yu, Hsiao-Cheng; Yang, Yeou-Herng

    2011-01-01

    This paper applies the co-integration technique and causality test to examine the dynamic relationships between pollutant emissions, energy use, and real output during the period between 1990 and 2007 for Russia. The empirical results show that in the long-run equilibrium, emissions appear to be energy use elastic and output inelastic. This elasticity suggests high energy use responsiveness to changes in emissions. The output exhibits a negative significant impact on emissions and does not support EKC hypothesis. These indicate that both economic growth and energy conservation policies can reduce emissions and no negative impact on economic development. The causality results indicate that there is a bidirectional strong Granger-causality running between output, energy use and emissions, and whenever a shock occurs in the system, each variable makes a short-run adjustment to restore the long-run equilibrium. The average speed of adjustment is as low as just over 0.26 years. Hence, in order to reduce emissions, the best environmental policy is to increase infrastructure investment to improve energy efficiency, and to step up energy conservation policies to reduce any unnecessary waste of energy. That is, energy conservation is expected to improve energy efficiency, thereby promoting economic growth. -- Highlights: → In Russia, emissions are energy use elastic and real output inelastic, but energy is a more important determinant of emissions than output. → In Russia, the real output exhibits a negative significant impact on emissions and does not support EKC hypothesis. → In Russia, there is a bidirectional strong causality relationship between emissions, energy use and output. → In Russia, the average speed of a short-run adjustment to restore long-run equilibrium is about 0.26 years. → In Russia, the energy conservation is expected to improve energy efficiency, thereby promoting economic growth.

  20. real exchange rate misalignment and economic performance in ...

    African Journals Online (AJOL)

    ... effects of real exchange rate misalignment on economic performance in Nigeria. .... main factors that impacts on real exchange rate in India .... financial assets and ignores non-economic factor such as .... and fiscal policies to control inflation.

  1. Economic growth and energy demand in Brazil from 1930 to 1980

    International Nuclear Information System (INIS)

    Theis, I.M.

    1988-10-01

    There are enough evidences that economic growth and energy demand are closely related indeed. These evidences show that the growth of the economic activity calls for greater energy inputs. The Brazilian case is similar to the other industrialized economies, in spite of our industrialization process being started only in the 1930. Two periods excelled as phases of quick and accelerated growth of the Economic Product: the later fifties and the famous miracle from 1968 to 1973. During those periods the demand for energy in Brazil increased to amounts previously unthinkable. More remarkable, however, is that, after those phases of accelerated growth, Brazilian economy had changed the consumption profile considerably: while, until 1968 firewood was the most important resource, since then petroleum has taken this position. (author). 213 refs, 115 tabs

  2. The Economic Potential of Two Nuclear-Renewable Hybrid Energy Systems

    Energy Technology Data Exchange (ETDEWEB)

    Ruth, Mark [National Renewable Energy Lab. (NREL), Golden, CO (United States); Cutler, Dylan [National Renewable Energy Lab. (NREL), Golden, CO (United States); Flores-Espino, Francisco [National Renewable Energy Lab. (NREL), Golden, CO (United States); Stark, Greg [National Renewable Energy Lab. (NREL), Golden, CO (United States); Jenkin, Thomas [National Renewable Energy Lab. (NREL), Golden, CO (United States); Simpkins, Travis [National Renewable Energy Lab. (NREL), Golden, CO (United States); Macknick, Jordan [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2016-08-01

    This report is one of a series of reports that investigate the technical and economic aspects of Nuclear-Renewable Hybrid Energy Systems. It provides the results of an analysis of two scenarios. The first is a Texas-synthetic gasoline scenario and the second is an Arizona-desalination scenario. The analysis focuses on the economics of the N-R HESs and how they compare to other options, including configurations without all the subsystems in each N-R HES and alternatives in which natural gas provides the energy.

  3. INVESTMENT FUNDS’ PERFORMANCE AND ECONOMIC GROWTH

    Directory of Open Access Journals (Sweden)

    Apolzan Carmen Maria

    2012-07-01

    Full Text Available In this paper we examine the performance of investment funds during the period 2006-2010, intending to comprise the portfolio performance’s dynamics before, during and after the present economic and financial crises climax. We categorize investment funds according to their investment strategy and geographical focus and distinguish a number of 11 classes. In order to analyze their returns’ dynamics, we create a fund performance index for each category using principal components method. The instability created in financial system in 2007 had a direct impact on institutional investors’ portfolios regardless of investment strategy, effects that have rapidly propagated on real economy. Analyzing index’s dynamics correlated with economic growth we conclude that financial and economic environment react in the same direction, but with a certain time delay, to instability factors. We also underline the major impact of boom and bust evolution of financial markets on real economy, cause of the current economic and financial crises.

  4. Economics of Renewable Energy for Water Desalination in Developing Countries

    Directory of Open Access Journals (Sweden)

    Enas R. Shouman

    2015-12-01

    Full Text Available The aim of this study is to investigate the economics of renewable energy- powered desalination, as applied to water supply for remote coastal and desert communities in developing countries. In this paper, the issue of integration of desalination technologies and renewable energy from specified sources is addressed. The features of Photovoltaic (PV system combined with reverse osmosis desalination technology, which represents the most commonly applied integration between renewable energy and desalination technology, are analyzed. Further, a case study for conceptual seawater reverse osmosis (SW-RO desalination plant with 1000 m3 /d capacity is presented, based on PV and conventional generators powered with fossil fuel to be installed in a remote coastal area in Egypt, as a typical developing country. The estimated water cost for desalination with PV/ SW-RO system is about $1.25 m3 , while ranging between $1.22-1.59 for SW-RO powered with conventional generator powered with fossil fuel. Analysis of the economical, technical and environmental factors depicts the merits of using large scale integrated PV/RO system as an economically feasible water supply relying upon a renewable energy source.

  5. Endogenous economic growth, EROI, and transition towards renewable energy

    OpenAIRE

    Victor Court; Pierre-André Jouvet; Frédéric Lantz

    2015-01-01

    Due to their initial lack of emphasis on energy and natural resources, exogenous and endogenous growth models have suffered the same critic regarding the limits to economic growth imposed by finite Earth resources. Thus, various optimal control models that incorporate energy or natural resources have been developed during the last decades. However, in all these models the importance of the Energy Return On Energy Investment (EROI) has never been raised. The EROI is the ratio of the quantity o...

  6. Effects of stochastic energy prices on long-term energy-economic scenarios

    International Nuclear Information System (INIS)

    Krey, Volker; Martinsen, Dag; Wagner, Hermann-Josef

    2007-01-01

    In view of the currently observed energy prices, recent price scenarios, which have been very moderate until 2004, also tend to favor high future energy prices. Having a large impact on energy-economic scenarios, we incorporate uncertain energy prices into an energy systems model by including a stochastic risk function. Energy systems models are frequently used to aid scenario analysis in energy-related studies. The impact of uncertain energy prices on the supply structures and the interaction with measures in the demand sectors is the focus of the present paper. For the illustration of the methodological approach, scenarios for four EU countries are presented. Including the stochastic risk function, elements of high energy price scenarios can be found in scenarios with a moderate future development of energy prices. In contrast to scenarios with stochastic investment costs for a limited number of technologies, the inclusion of stochastic energy prices directly affects all parts of the energy system. Robust elements of hedging strategies include increasing utilization of domestic energy carriers, the use of CHP and district heat and the application of additional energy-saving measures in the end-use sectors. Region-specific technology portfolios, i.e., different hedging options, can cause growing energy exchange between the regions in comparison with the deterministic case. (author)

  7. Innovative energy technologies in energy-economy models: assessing economic, energy and environmental impacts of climate policy and technological change in Germany.

    Energy Technology Data Exchange (ETDEWEB)

    Schumacher, K.

    2007-04-18

    Energy technologies and innovation are considered to play a crucial role in climate change mitigation. Yet, the representation of technologies in energy-economy models, which are used extensively to analyze the economic, energy and environmental impacts of alternative energy and climate policies, is rather limited. This dissertation presents advanced techniques of including technological innovations in energy-economy computable general equilibrium (CGE) models. New methods are explored and applied for improving the realism of energy production and consumption in such top-down models. The dissertation addresses some of the main criticism of general equilibrium models in the field of energy and climate policy analysis: The lack of detailed sectoral and technical disaggregation, the restricted view on innovation and technological change, and the lack of extended greenhouse gas mitigation options. The dissertation reflects on the questions of (1) how to introduce innovation and technological change in a computable general equilibrium model as well as (2) what additional and policy relevant information is gained from using these methodologies. Employing a new hybrid approach of incorporating technology-specific information for electricity generation and iron and steel production in a dynamic multi-sector computable equilibrium model it can be concluded that technology-specific effects are crucial for the economic assessment of climate policy, in particular the effects relating to process shifts and fuel input structure. Additionally, the dissertation shows that learning-by-doing in renewable energy takes place in the renewable electricity sector but is equally important in upstream sectors that produce technologies, i.e. machinery and equipment, for renewable electricity generation. The differentiation of learning effects in export sectors, such as renewable energy technologies, matters for the economic assessment of climate policies because of effects on international

  8. Stochastic interest rates in the analysis of energy investments: Implications on economic performance and sustainability

    International Nuclear Information System (INIS)

    Tolis, Athanasios; Tatsiopoulos, Ilias; Doukelis, Aggelos

    2010-01-01

    A systematic impact assessment of stochastic interest and inflation rates on the analysis of energy investments is presented. A real-options algorithm has been created for this task. Constant interest rates incorporating high risk premium have been extensively used for economic calculations, within the framework of traditional direct cash flow methods, thus favouring immediate, irreversible investments in the expense of, sometimes, insubstantially low anticipated yields. In this article, not only incomes and expenses but also interest and inflation rates are considered stochastically evolving according to specific probabilistic models. The numerical experiments indicated that the stochastic interest rate forecasts fluctuate in such low levels that may signal delayed investment entry in favour of higher expected yields. The implementation of stochastically evolving interest rates in energy investment analysis may have a controversial effect on sustainability. Displacements of inefficient plants may be significantly delayed, thus prolonging high CO 2 emission rates. Under the current CO 2 allowance prices or their medium-term forecasts, this situation may not be improved and flexible policy interventions may be necessitated. (author)

  9. Energy consumption, carbon emissions and economic growth nexus in Bangladesh: Cointegration and dynamic causality analysis

    International Nuclear Information System (INIS)

    Jahangir Alam, Mohammad; Ara Begum, Ismat; Buysse, Jeroen; Van Huylenbroeck, Guido

    2012-01-01

    The paper investigates the possible existence of dynamic causality between energy consumption, electricity consumption, carbon emissions and economic growth in Bangladesh. First, we have tested cointegration relationships using the Johansen bi-variate cointegration model. This is complemented with an analysis of an auto-regressive distributed lag model to examine the results' robustness. Then, the Granger short-run, the long-run and strong causality are tested with a vector error correction modelling framework. The results indicate that uni-directional causality exists from energy consumption to economic growth both in the short and the long-run while a bi-directional long-run causality exists between electricity consumption and economic growth but no causal relationship exists in short-run. The strong causality results indicate bi-directional causality for both the cases. A uni-directional causality runs from energy consumption to CO 2 emission for the short-run but feedback causality exists in the long-run. CO 2 Granger causes economic growth both in the short and in the long-run. An important policy implication is that energy (electricity as well) can be considered as an important factor for the economic growth in Bangladesh. Moreover, as higher energy consumption also means higher pollution in the long-run, policy makers should stimulate alternative energy sources for meeting up the increasing energy demand. - Highlights: ► Dynamic causality among energy and electricity consumption, CO 2 and economic growth. ► Uni-directional causality exists from energy consumption to economic growth. ► Bi-directional causality exists between electricity consumption and economic growth. ► Feedback causality exists between CO 2 emission to energy consumption. ► CO 2 Granger causes economic growth both in the short and in the long-run.

  10. Economic Development Impact of 1,000 MW of Wind Energy in Texas

    Energy Technology Data Exchange (ETDEWEB)

    Reategui, S.; Hendrickson, S.

    2011-08-01

    Texas has approximately 9,727 MW of wind energy capacity installed, making it a global leader in installed wind energy. As a result of the significant investment the wind industry has brought to Texas, it is important to better understand the economic development impacts of wind energy in Texas. This report analyzes the jobs and economic impacts of 1,000 MW of wind power generation in the state. The impacts highlighted in this report can be used in policy and planning decisions and can be scaled to get a sense of the economic development opportunities associated with other wind scenarios. This report can also inform stakeholders in other states about the potential economic impacts associated with the development of 1,000 MW of new wind power generation and the relationships of different elements in the state economy.

  11. OIL MARKET, NUCLEAR ENERGY CONSUMPTION AND ECONOMIC GROWTH: EVIDENCE FROM EMERGING ECONOMIES

    Directory of Open Access Journals (Sweden)

    Hanan Naser

    2014-04-01

    Full Text Available This paper empirically examines the relationship between oil consumption, nuclear energy consumption, oil price and economic growth in four emerging economies (Russia, China, South Korea, and India over the period from 1965 to 2010. Applying a modified version of the granger causality test developed by Toda and Yamamoto, we find that the level of world crude oil prices (WTI plays a crucial role in determining the economic growth in the investigated countries. The results suggest that there is a unidirectional causality running from real GDP to oil consumption in China and South Korea, while bidirectional relationship between oil consumption and real GDP growth appears in India. Furthermore, the results propose that while nuclear energy stimulates economic growth in both South Korea and India, the rapid increase in China economic growth requires additional usage of nuclear energy.

  12. Performance evaluation and economic analysis of a gas turbine power plant in Nigeria

    International Nuclear Information System (INIS)

    Oyedepo, S.O.; Fagbenle, R.O.; Adefila, S.S.; Adavbiele, S.A.

    2014-01-01

    Highlights: • We evaluate performance and economic analysis of a gas turbine power plant in Nigeria. • We examine the shortfall of energy generated and compared with the standard value. • Generation loss resulted in revenue loss of the plant. • Improvement in general housekeeping of the plant will improve performance indices. - Abstract: In this study, performance evaluation and economic analysis (in terms of power outage cost due to system downtime) of a gas turbine power plant in Nigeria have been carried out for the period 2001–2010. The thermal power station consists of nine gas turbine units with total capacity of 301 MW (9 × 31.5 MW). The study reveals that 64.3% of the installed capacity was available in the period. The percentage of shortfall of energy generated in the period ranged from 4.18% to 14.53% as against the acceptable value of 5–10%. The load factor of the plant is between 20.8% and 78.2% as against international best practice of 80%. The average availability of the plant for the period was about 64% as against industry best practice of 95%, while the average use factor was about 92%. The capacity factor of the plant ranged from 20.8% to 78.23% while the utilization factor ranged from 85.47% to 95.82%. For the ten years under review, there was energy generation loss of about 35.7% of expected energy generation of 26.411 TW h with consequent plant performance of 64.3%. The study further reveals that the 35.7% of generation loss resulted in revenue loss of about M$251 (approximately b▪40). The simple performance indicator developed to evaluate the performance indices and outage cost for the station can also be applicable to other power stations in Nigeria and elsewhere. Measures to improve the performance indices of the plant have been suggested such as training of operation and maintenance (O and M) personnel regularly, improvement in O and M practices, proper spare parts inventory and improvement in general housekeeping of the

  13. Economic analysis

    Energy Technology Data Exchange (ETDEWEB)

    None

    1980-06-01

    The Energy Policy and Conservation Act (EPCA) mandated that minimum energy efficiency standards be established for classes of refrigerators and refrigerator-freezers, freezers, clothes dryers, water heaters, room air conditioners, home heating equipment, kitchen ranges and ovens, central air conditioners, and furnaces. EPCA requires that standards be designed to achieve the maximum improvement in energy efficiency that is technologically feasible and economically justified. Following the introductory chapter, Chapter Two describes the methodology used in the economic analysis and its relationship to legislative criteria for consumer product efficiency assessment; details how the CPES Value Model systematically compared and evaluated the economic impacts of regulation on the consumer, manufacturer and Nation. Chapter Three briefly displays the results of the analysis and lists the proposed performance standards by product class. Chapter Four describes the reasons for developing a baseline forecast, characterizes the baseline scenario from which regulatory impacts were calculated and summarizes the primary models, data sources and assumptions used in the baseline formulations. Chapter Five summarizes the methodology used to calculate regulatory impacts; describes the impacts of energy performance standards relative to the baseline discussed in Chapter Four. Also discussed are regional standards and other program alternatives to performance standards. Chapter Six describes the procedure for balancing consumer, manufacturer, and national impacts to select standard levels. Details of models and data bases used in the analysis are included in Appendices A through K.

  14. Building Performance Simulation tools for planning of energy efficiency retrofits

    DEFF Research Database (Denmark)

    Mondrup, Thomas Fænø; Karlshøj, Jan; Vestergaard, Flemming

    2014-01-01

    Designing energy efficiency retrofits for existing buildings will bring environmental, economic, social, and health benefits. However, selecting specific retrofit strategies is complex and requires careful planning. In this study, we describe a methodology for adopting Building Performance...... to energy efficiency retrofits in social housing. To generate energy savings, we focus on optimizing the building envelope. We evaluate alternative building envelope actions using procedural solar radiation and daylight simulations. In addition, we identify the digital information flow and the information...... Simulation (BPS) tools as energy and environmentally conscious decision-making aids. The methodology has been developed to screen buildings for potential improvements and to support the development of retrofit strategies. We present a case study of a Danish renovation project, implementing BPS approaches...

  15. Threshold effect of the economic growth rate on the renewable energy development from a change in energy price. Evidence from OECD countries

    International Nuclear Information System (INIS)

    Chang, Ting-Huan; Huang, Chien-Ming; Lee, Ming-Chih

    2009-01-01

    This paper uses a panel threshold regression (PTR) model to investigate the influence that energy prices have on renewable energy development under different economic growth rate regimes. The empirical data are obtained from each of the OECD member-countries over the period from 1997 to 2006. We show that there is one threshold in the regression relationship, which is 4.13% of a one-period lag in the annual gross domestic product (GDP) growth rate. The consumer price index (CPI), in so far as it relates to variations in energy, is significantly positively correlated with the contribution of renewables to energy supply in the regime with higher-economic growth, but there is no relationship in the regime with lower economic growth. Therefore, countries characterized by high-economic growth are able to respond to high energy prices with increases in renewable energy use, while countries characterized by low-economic growth countries tend to be unresponsive to energy price changes when they come to their level of renewable energy. (author)

  16. Utilization of oil wells for electricity generation: Performance and economics

    International Nuclear Information System (INIS)

    Kharseh, Mohamad; Al-Khawaja, Mohammed; Hassani, Ferri

    2015-01-01

    There is a general agreement that the climate change, which is the most important challenge facing humanity, is anthropogenic and attributed to fossil fuel consumption. Therefore, deploying more renewable energy resources is an urgent issue to be addressed. Geothermal refers to existing heat energy in deep rock and sedimentary basins. Traditionally, geothermal energy has been exploited in places with plentiful hot water at relatively shallow depth. Unfortunately, the high exploration and drilling costs of boreholes is the main barrier to the commerciality of geothermal worldwide. In oil producing countries, such problems can be overcome by utilizing oil or gas wells. The current study presents thermodynamic and economic analyses of a binary geothermal power generation system for commercial electricity generation. Two different source temperatures (100 and 120 °C) and constant sink temperature (29 °C) were considered. The optimal working fluid and optimal design that improve the performance of the plant are determined. For the current costs in Qatar, the economical analysis of 5 MW geothermal plant shows that the levelized cost of electricity for the plant varies from 5.6 to 5.2 ¢/kW. Whereas, the payback period of such plants lies between 5.8 and 4.8 years. - Highlights: • Utilizing oil well makes geothermal plant competitive with other resources. • R32 seems to be the best working fluid. • The levelized cost of electricity for geothermal plant is less than 5.6 ¢/kWh. • The payback time of geothermal plant is less than 6 years.

  17. The economics of energy security

    International Nuclear Information System (INIS)

    Bohi, D.R.; Toman, M.A.; Walls, M.A.

    1996-01-01

    The results of research on energy security that has been conducted over the past 20 years are brought together and expanded. Chapter 2 lays out basic conceptual arguments regarding the economic externalities and the military premium, as well as the general problem of identifying a market failure. Chapter 3 provides a brief history of the oil price shocks of the 1970s and reviews the empirical evidence on the energy security externalities laid out in Chapter 2. Chapter 4 builds on the material in Chapter 3 to critique published estimates of the overall premium associated with oil imports or oil consumption. Chapter 5 examines how the oil market has changed in the twenty years since the first oil shock of the 1970s and assesses the effect of these changes on price behavior and market efficiency. Chapters 6 and 7 focus on two sectors in which the energy security debate is being carried out through concrete policy measures: the choice of electricity generation technology and the market for transportation fuels. In Chapter 8, we summarize our assessments of potential energy security externalities and examine their implications for a variety of policy measures at the national and subnational levels. 7 figs., 11 tabs., 200 refs

  18. The peculiar economics of federal energy management

    International Nuclear Information System (INIS)

    Canes, Michael E.

    2016-01-01

    US federal agency energy managers face different constraints than do comparable private sector managers. They are faced with energy consumption goals mandated via legislation or directed via Presidential Executive Order that encourage if not compel them to invest more in energy efficiency or renewables than would be cost effective from a private sector perspective. To make such investments, they also are provided access to private capital that is additional to their agency budgets. The encouragement to invest beyond what is cost effective may be a source of waste in some instances, and the financing mechanisms appear more expensive than necessary. A rough estimate of the magnitude of the waste is offered, as well as a mechanism to reduce the costs of agency access to capital. - Highlights: •Legislative and regulatory initiatives that constrain federal agency energy investments. •Economic calculus facing a federal agency energy manager. •Magnitude of federal energy investments and of possible waste. •Financing mechanisms and how their costs might be reduced.

  19. A manual for the economic evaluation of energy efficiency and renewable energy technologies

    Energy Technology Data Exchange (ETDEWEB)

    Short, W.; Packey, D.J.; Holt, T.

    1995-03-01

    This manual is a guide for analyzing the economics of energy efficiency and renewable energy (EE) technologies and projects. It is intended (1) to help analysts determine the appropriate approach or type of analysis and the appropriate level of detail and (2) to assist EE analysts in completing consistent analyses using standard assumptions and bases, when appropriate. Included are analytical techniques that are commonly required for the economic analysis of EE technologies and projects. The manual consists of six sections: Introduction, Fundamentals, Selection Criteria Guide, Economic Measures, Special Considerations for Conservation and Renewable Energy Systems, and References. A glossary and eight appendices are also included. Each section has a brief introductory statement, a presentation of necessary formulae, a discussion, and when appropriate, examples and descriptions of data and data availability. The objective of an economic analysis is to provide the information needed to make a judgment or a decision. The most complete analysis of an investment in a technology or a project requires the analysis of each year of the life of the investment, taking into account relevant direct costs, indirect and overhead costs, taxes, and returns on investment, plus any externalities, such as environmental impacts, that are relevant to the decision to be made. However, it is important to consider the purpose and scope of a particular analysis at the outset because this will prescribe the course to follow. The perspective of the analysis is important, often dictating the approach to be used. Also, the ultimate use of the results of an analysis will influence the level of detail undertaken. The decision-making criteria of the potential investor must also be considered.

  20. Energy integration: Regional economic integration lever and possible insertion factor in the global economy

    International Nuclear Information System (INIS)

    Lokolo, M.C.

    2001-01-01

    In the 1920s, just after the War, an idea began taking root in the Old Continent, to build what could be described as the United States of Europe. Thirty years later, in 1951, a new source of energy, coal, paved the way for the economic integration of Europe. It culminated into monetary integration in January 2002. Economic integration makes sense in the context of the relatively small size of some national economies and markets, and the judicious utilization of rare resources and their unequal distribution. In this document, the author elaborated on the principles at play in economic integration and argued that the integration of the national energy markets could be the lever for economic integration through the gradual elimination of the various obstacles to trade. The author first presented a brief historical overview of economic integration from the perspective of global economic relationships, covering the period between the two world wars to the General Agreement on Tariffs and Trade (GATT) to the World Trade Organization (WTO). The concept and the forms of economic integration were reviewed. Energy integration as a lever of regional economic integration and as a factor in global economic insertion were discussed. Energy integration is a tool for the improvement of the human condition. 15 refs

  1. Tuna cannery energy conservation interventions: Technical/economic feasibility study

    Energy Technology Data Exchange (ETDEWEB)

    Florio, G. (Calabria Univ. Arcavacata di Rende (Italy). Dipt. di Meccanica)

    An energy audit was conducted on a 230,000 can (x 80 g)/day tuna cannery to determine where technically and economically feasible energy savings interventions could be made. The plant is equipped with an oil fired boiler which supplies steam for cooking and sterilization purposes. In the energy/cost analysis, it was found that the most significant and cost effective energy savings could be obtained by the substitution of the four sterilization chambers with three sets of twin sterilization/heat exchange chambers.

  2. The economic, energy, and environmental impacts of the Energy-Related Inventions Program

    International Nuclear Information System (INIS)

    Brown, M.A.; Wilson, C.R.; Franchuk, C.A.; Cohn, S.M.; Jones, D.

    1994-07-01

    This report provides information on the economic, energy, and environmental impacts of inventions supported by the Energy-Related Inventions Program (ERIP) -- a program jointly operated by the US Department of Energy and the National Institute of Standards and Technology (NIST). It describes the results of the latest in a series of ERIP evaluation projects that have been completed since 1980. The period of interest is 1980 through 1992. The evaluation is based on data collected in 1993 through mail and telephone surveys of 253 program participants, and historical data collected during previous evaluations for an additional 189 participants

  3. The economic, energy, and environmental impacts of the Energy-Related Inventions Program

    Energy Technology Data Exchange (ETDEWEB)

    Brown, M.A.; Wilson, C.R.; Franchuk, C.A.; Cohn, S.M.; Jones, D.

    1994-07-01

    This report provides information on the economic, energy, and environmental impacts of inventions supported by the Energy-Related Inventions Program (ERIP) -- a program jointly operated by the US Department of Energy and the National Institute of Standards and Technology (NIST). It describes the results of the latest in a series of ERIP evaluation projects that have been completed since 1980. The period of interest is 1980 through 1992. The evaluation is based on data collected in 1993 through mail and telephone surveys of 253 program participants, and historical data collected during previous evaluations for an additional 189 participants.

  4. Energy and economic considerations for ex-situ and aqueous mineral carbonation

    Energy Technology Data Exchange (ETDEWEB)

    O' Connor, William K.; Dahlin, David C.; Rush, G.E.; Gerdemann, Stephen J.; Penner, L.R.

    2004-01-01

    Due to the scale and breadth of carbon dioxide emissions, and speculation regarding their impact on global climate, sequestration of some portion of these emissions has been under increased study. A practical approach to carbon sequestration will likely include several options, which will be driven largely by the energy demand and economics of operation. Aqueous mineral carbonation of calcium and magnesium silicate minerals has been studied as one potential method to sequester carbon dioxide. Although these carbonation reactions are all thermodynamically favored, they occur at geologic rates of reaction. Laboratory studies have demonstrated that these rates of reaction are accelerated with increasing temperature, pressure, and particle surface area. Mineral-specific activation methods were identified, however, each of these techniques incurs energy as well as economic costs. An overview of the mineral availability, pretreatment options and energy demands, and process economics is provided.

  5. Energy, environment, and economics

    Energy Technology Data Exchange (ETDEWEB)

    Commoner, B

    1979-09-01

    In this interview, Dr. Barry Commoner discusses his analysis of energy problems as a function of the Second Law of Thermodynamics, i.e., that energy is necessary in order to perform work. As outlined in his book The Poverty of Power, a good thermodynamic approach matches the amount of energy expended with the task to be done. Electric transport is more energy efficient than private automobiles and illustrates how capital is wasted and social harm done to increase private profit. Inefficient energy use is the result of basing conservation efforts on the First rather than the Second Law. Commoner advocates social changes that give society more control over the means of production and the way resources are used. He feels the relative merits of solar energy and breeder reactors should be debated and a choice made, preferably for solar, to make a gradual transition to renewable resources. (DCK)

  6. Software for automated evaluation of technical and economic performance factors of nuclear power plant units

    International Nuclear Information System (INIS)

    Cvan, M.; Zadrazil, J.; Barnak, M.

    1989-01-01

    Computer codes TEP V2, TEP EDU and TEP V1 are used especially in real-time evaluation of technical and economic performance factors of the power unit. Their basic functions include filtration of credibility of input data obtained by measurement, simultaneous calculation of flows of various types of energy, calculation of technical and economic factors, listings and filing of the results. Code ZMEK is designed for executing changes in the calculation constants file for codes TEP V2 and TEP EDU. Code TEP DEN is used in processing the complete daily report on the technical and economic performance factors of the unit. Briefly described are the basic algorithms of credibility filtration for the measured quantities, the methodology of fundamental balances and the method of guaranteeing the continuity of measurement. Experiences are given with the use of the codes, and the trends are outlined of their future development. (J.B.). 5 refs

  7. Techno-economic analysis of a 2.1 kW rooftop photovoltaic-grid-tied system based on actual performance

    International Nuclear Information System (INIS)

    Adaramola, Muyiwa S.

    2015-01-01

    Highlights: • The economic analysis of rooftop PV grid-tied installation is examined. • Based on actual performance, the LCOE of the system is estimated as US$0.246/kW h. • Feed-in-tariff of US$0.356/kW h is estimated with no financial support. • To encourage installation of PV system, financial support of up to 40% of the investment is suggested. - Abstract: As more attention is being focus on the development of renewable energy resources globally, technical and economic assessments of these resources are crucial to ascertain their viability. These assessments can be more meaningful, if they are based on field and actual performance of the renewable energy conversion systems. This study presents the economic analysis of a rooftop 2.07 kW grid-connected photovoltaic energy system installation located in Ås (59.65°N and longitude 10.76°E, and about 105 m above sea level), Norway. Both the annual and monthly costs of energy produced by the system are determined. In addition, the feed-in tariff that can give internal rate of return of about 7.5% on investment on this installation was examined. Based on assumptions used in this study, feed-in-tariff of US$0.356/kW h is estimated for a project with economic life of 25 years with no other financial support. This translates to US$0.110/kW h premium over the levelized cost of energy of US$0.246/kW h generated by the system. However, if the financial support is more than 45% of the initial investment cost, no further premium fee is necessary to support this type of system

  8. Energy and exergy recovery in a natural gas compressor station – A technical and economic analysis

    International Nuclear Information System (INIS)

    Kostowski, Wojciech J.; Kalina, Jacek; Bargiel, Paweł; Szufleński, Paweł

    2015-01-01

    Highlights: • Energy and exergy flow in a natural gas compressor station. • Operational efficiency only 18.3% vs. 35.1% nominal. • 3 energy/exergy recovery systems proposed. • Up to 168.9 GW h/y electricity and 6.5 GW h/y heat recoverable. • Legal obstacles: operators not allowed to produce electricity. - Abstract: The paper presents possible solutions to improve the thermodynamic performance of a natural gas compressor station equipped with various type of compressor units and operated at part-load conditions. A method for setting a simplified energy and exergy balance based on the available metering information has been presented. For a case study plant, it has been demonstrated that the current part-load operation leads to a significant decrease in energy and exergy efficiency compared to the nominal state of machinery. Three alternative improvement strategies have been proposed: (1) installation of a heat recovery hot water generator for covering the existing heat demand of the plant; (2) installation of a heat recovery thermal oil heater for covering the existing heat demand and driving an organic Rankine cycle (ORC) for electricity generation; (3) installation of a heat recovery thermal oil heater with and ORC and gas expanders for switching into full-load operation of the gas turbine unit. Energy and exergy performance of the proposed strategies as well as their economic feasibility have been analyzed. The second scenario involving an ORC unit provides the highest local energy savings, however, its economic feasibility is not achieved under the current part-load operating conditions. A hypothetic scenario of the same station operated at full-load due to an increased gas transmission capacity demonstrate the economic feasibility (possible under optimistic price conditions). Finally, it has been shown that the possibility of waste energy recovery from natural gas transmission systems (in particular, from compressor stations) depends on legal

  9. Residential Energy Use and Conservation. Economics, Demographics, and Standards

    Energy Technology Data Exchange (ETDEWEB)

    Brounen, D. [Department of Financial Management, Erasmus University Rotterdam, Rotterdam (Netherlands); Kok, N. [Limburg Institute of Financial Economics LIFE, Maastricht University, Maastricht (Netherlands); Quigley, J.M. [Department of Economics, University of California, Berkeley, CA (United States)

    2011-03-15

    Energy consumption in the residential sector offers an important opportunity for conserving resources. However, much of the current debate regarding energy efficiency in the housing market focuses on the physical and technical determinants of energy consumption, neglecting the role of the economic behavior of resident households. In this paper, we analyze the extent to which the use of gas and electricity is determined by the technical specifications of the dwelling as compared to the demographic characteristics of the occupying household, using a unique set of microeconomic data for a sample of more than 300,000 Dutch homes. The results show that residential gas consumption is determined principally by structural dwelling characteristics, such as the vintage, building type and quality of the home, while electricity consumption varies more directly with household composition, in particular income and family composition. Combining these results with projections on future economic and demographic trends, we find that, absent price increases for residential energy, the aging of the population and their increasing wealth will mostly offset improvements in the energy efficiency of the building stock resulting from policy interventions and natural revitalization.

  10. JEDI: Jobs and Economic Development Impact Model; NREL (National Renewable Energy Laboratory)

    Energy Technology Data Exchange (ETDEWEB)

    None

    2015-08-01

    The Jobs and Economic Development Impact (JEDI) models are user-friendly tools that estimate the economic impacts of constructing and operating power generation and biofuel plants at the local (usually state) level. First developed by NREL’s researchers to model wind energy jobs and impacts, JEDI has been expanded to also estimate the economic impacts of biofuels, coal, conventional hydro, concentrating solar power, geothermal, marine and hydrokinetic power, natural gas, photovoltaics, and transmission lines. This fact sheet focuses on JEDI for wind energy projects.

  11. Why Energy is AN Economic Planetary Emergency

    Science.gov (United States)

    Difiglio, Carmine

    2014-07-01

    This paper analyzes why high and volatile oil prices cause reduced world-wide economic growth. Disruptions in the petroleum market, due to unexpected economic growth or reduced petroleum supplies, have been shown to cause sharp increases in petroleum prices as a result of the inflexibilities of petroleum supply and demand. An examination of over 40 years of data reveals that oil price shocks are invariably followed by 2-3 years of weak economic growth and weak economic growth is almost always preceded by an oil price shock. While the statistical literature provides evidence that economies have become less vulnerable to a given oil price increase than they were during the 1970s, it also shows that the elasticity of demand for oil has significantly decreased. The increased resiliency of economies to higher oil prices has been partially or fully offset by the increased sensitivity of oil prices to any oil market perturbation. This paper also reviews the current state of oil-supply security noting that previous episodes of supply instability appear to have become chronic conditions. While new unconventional oil production technologies have revitalized North American oil production, it is concluded that these technologies will have only a modest effect on world-wide oil production. The marginal cost of oil production, whether from tight-oil plays, or other unconventional sources, is expected to increase contributing to rising longterm oil prices in an international oil market that will remain vulnerable to disruptions and sharp price increases. Recurring episodes of poor world-wide economic growth are shown to affect hundreds of millions of people though unemployment in the modern economy and, in developing countries, though slower emigration out of agricultural-sector poverty. It is also noted that world-wide greenhouse gas emissions require strong national policies. Clean-energy policies are more likely to be pursued by countries enjoying strong economic growth than

  12. Thermal hydrolysis integration in the anaerobic digestion process of different solid wastes: energy and economic feasibility study.

    Science.gov (United States)

    Cano, R; Nielfa, A; Fdz-Polanco, M

    2014-09-01

    An economic assessment of thermal hydrolysis as a pretreatment to anaerobic digestion has been achieved to evaluate its implementation in full-scale plants. Six different solid wastes have been studied, among them municipal solid waste (MSW). Thermal hydrolysis has been tested with batch lab-scale tests, from which an energy and economic assessment of three scenarios is performed: with and without energy integration (recovering heat to produce steam in a cogeneration plant), finally including the digestate management costs. Thermal hydrolysis has lead to an increase of the methane productions (up to 50%) and kinetics parameters (even double). The study has determined that a proper energy integration design could lead to important economic savings (5 €/t) and thermal hydrolysis can enhance up to 40% the incomes of the digestion plant, even doubling them when digestate management costs are considered. In a full-scale MSW treatment plant (30,000 t/year), thermal hydrolysis would provide almost 0.5 M€/year net benefits. Copyright © 2014 Elsevier Ltd. All rights reserved.

  13. Humidified micro gas turbines for domestic users: An economic and primary energy savings analysis

    International Nuclear Information System (INIS)

    Montero Carrero, Marina; De Paepe, Ward; Bram, Svend; Musin, Frédéric; Parente, Alessandro; Contino, Francesco

    2016-01-01

    Micro Gas Turbines (mGTs) offer valuable advantages for small-scale Combined Heat and Power (CHP) production compared to reciprocating Internal Combustion Engines (ICEs): lower maintenance costs per kWh_e, cleaner exhaust, lower vibration levels and concentration of the residual heat in a single source (the exhaust gases). Nevertheless, mGTs have lower electrical efficiencies, fact that has prevented them from penetrating in the CHP market. Hot liquid water injection—by means of a saturation tower within the micro Humid Air Turbine (mHAT) cycle—allows both improving the flexibility of heat production and the electrical efficiency of mGTs; two qualities that if enhanced would increase the economic feasibility of the technology. Although the advantages of mHAT technology have been proven from a thermodynamic point of view, its economic performance has not yet been fully investigated. This paper presents a comparison of the economic profitability and the primary energy savings of an mGT, an ICE and an mHAT unit operating in real network conditions. Our aim is to investigate whether the increase in flexibility and electrical efficiency, achieved when transforming an mGT into an mHAT, allows this technology to economically outperform ICEs. Results show that the three units are viable in scenarios with high electricity and low natural gas prices. For the cases in which investment is feasible, the revenues with mHAT are the highest: thanks to their flexibility in heat generation, mHAT units are able to run all year long. On the other hand, the greatest primary energy savings are achieved with ICE units—which have the highest overall efficiencies—while mHAT savings are substantially lower. - Highlights: • We analyse the economics and primary energy savings of an ICE, an mGT and an mHAT. • We consider hourly heat and electricity demand profiles and 25 price scenarios. • Our analysis is carried out for two domestic users with distinctive demand profiles. • If

  14. Energy, economic and environmental discourses and their policy impact: The case of Ontario's Green Energy and Green Economy Act

    International Nuclear Information System (INIS)

    Winfield, Mark; Dolter, Brett

    2014-01-01

    This paper examines the debates around the Ontario's Green Energy and Green Economy Act (GEGEA) as an energy and economic development strategy through comparative public policy and discourse analysis approaches. The evidence regarding the economic impacts of the GEGEA is found to be almost entirely based on the results of economic modeling exercises. Critics and supporters of the legislation have arrived at very different conclusions through such exercises. These outcomes are similar to those seen in other jurisdictions pursuing renewable energy initiatives, such as Feed In Tariffs (FITs), renewables obligations and portfolio standards. A discourse analysis approach is employed to examine the reasons for the different conclusions being reached over the impacts of renewable energy initiatives. Differences in modeling approaches and assumptions are found to reflect differences in ideational perspectives on the part of the modelers with respect to the appropriate roles of markets and the state and the relationship between economic development and environmental sustainability in public policy. The paper concludes with suggestions regarding the gathering and availability of information regarding economic development in the renewable energy sector, and a discussion of potential ways to strengthen future efforts to understand the economic and environmental impact of renewable energy initiatives. - Highlights: • The discourse surrounding renewable energy initiatives is embedded within wider ideological debates. • The information that underpins the debates in Ontario is the result of economic modelling, not empirical data. • All of the existing modelling efforts suffer from significant shortcomings. • FITS are seen as politically feasible mechanisms for correcting biases in favour of conventional technologies. • The province's long-term commitment of renewable energy development is now uncertain

  15. Policies and measures for economic efficiency, energy security and environment protection in India

    International Nuclear Information System (INIS)

    Venkaiah, M.; Kaushik, S.C.; Dewangan, M.L.

    2007-01-01

    India needs to sustain 8-10% economic growth to meet energy needs of people below poverty line. India would, at least, need to grow its primary energy supply (3-4 times) of present consumption to deliver a sustained growth of 8% by 2031. This paper discusses India's policies and measures for economic efficiency, environment protection and energy security (3-E). (author)

  16. Solar Energy Education. Home economics: teacher's guide. Field test edition. [Includes glossary

    Energy Technology Data Exchange (ETDEWEB)

    1981-06-01

    An instructional aid is provided for home economics teachers who wish to integrate the subject of solar energy into their classroom activities. This teacher's guide was produced along with the student activities book for home economics by the US Department of Energy Solar Energy Education. A glossary of solar energy terms is included. (BCS)

  17. Commissioning of building HVAC systems for improvement of energy performance; Commissioning of building HVAC systems for improvement of energy performance. Teilnahme IEA-ECBCS Annex 40 (Betreiberkompetenz)

    Energy Technology Data Exchange (ETDEWEB)

    Chuard, J -M

    2005-06-15

    This paper takes a look at the tasks performed in Task 40 of the 'Energy Conservation in Buildings and Community Systems ECBCS' programme of the International Energy Agency IEA that is taking a look at the commissioning of building HVAC systems with the aim of improving the energy performance of such systems. Emphasis is put on the Swiss contribution to the task. This well-illustrated paper presents information on the structure of the task, time-lines and a diagram for its implementation structures. Also, the countries participating in Task 40 and their representatives are listed, and various work already published by the annex is noted. The paper places a focus on operator competence and lists points to be taken into account when carrying out work on optimising energy consumption. The various processes involved are noted and discussed. Management guidelines are presented and economical and market aspects are discussed. Finally, projects that will continue the work are noted.

  18. Commissioning of building HVAC systems for improvement of energy performance; Commissioning of building HVAC systems for improvement of energy performance. Teilnahme IEA-ECBCS Annex 40 (Betreiberkompetenz)

    Energy Technology Data Exchange (ETDEWEB)

    Chuard, J.-M.

    2005-06-15

    This paper takes a look at the tasks performed in Task 40 of the 'Energy Conservation in Buildings and Community Systems ECBCS' programme of the International Energy Agency IEA that is taking a look at the commissioning of building HVAC systems with the aim of improving the energy performance of such systems. Emphasis is put on the Swiss contribution to the task. This well-illustrated paper presents information on the structure of the task, time-lines and a diagram for its implementation structures. Also, the countries participating in Task 40 and their representatives are listed, and various work already published by the annex is noted. The paper places a focus on operator competence and lists points to be taken into account when carrying out work on optimising energy consumption. The various processes involved are noted and discussed. Management guidelines are presented and economical and market aspects are discussed. Finally, projects that will continue the work are noted.

  19. ADEME energy transition scenarios. Summary including a macro-economic evaluation 2030 2050

    International Nuclear Information System (INIS)

    2014-05-01

    ADEME, the French Environment and Energy Management Agency, is a public agency reporting to the Ministry of Ecology, Sustainable Development and Energy and the Ministry of Higher Education and Research. In 2012 the agency drew up a long-term scenario entitled 'ADEME Energy Transition Scenarios 2030-2050'. This document presents a summary of the report. The full version can be viewed online on the ADEME web site. With this work ADEME offers a proactive energy vision for all stakeholders - experts, the general public, decision-makers, etc. - focusing on two main areas of expertise: managing energy conservation and developing renewable energy production using proven or demonstration-phase technologies. These scenarios identify a possible pathway for the energy transition in France. They are based on two time horizons and two separate methodologies. One projection, applicable from the present day, seeks to maximise potential energy savings and renewable energy production in an ambitious but realistic manner, up to 2030. The second exercise is a normative scenario that targets a fourfold reduction in greenhouse gas emissions generated in France by 2050, compared to 1990 levels. The analysis presented in this document is primarily based on an exploration of different scenarios that allow for the achievement of ambitious energy and environmental targets under technically, economically and socially feasible conditions. This analysis is supplemented by a macro-economic analysis. These projections, particularly for 2030, do not rely on radical changes in lifestyle, lower comfort levels or hypothetical major technological breakthroughs. They show that by using technologies and organisational changes that are currently within our reach, we have the means to achieve these long-term goals. The scenarios are based on assumptions of significant growth, both economic (1.8% per year) and demographic (0.4% a year). The 2050 scenario shows that with sustained growth, a

  20. Evaluation the potential economic impacts of Taiwanese biomass energy production

    International Nuclear Information System (INIS)

    Chen, Chi-Chung; McCarl, Bruce; Chang, Ching-Cheng; Tso, Chunto

    2011-01-01

    The Taiwanese rice paddy land set-aside program diverts a substantial land area. Given today's high energy prices and interests in energy security, that set-aside area could be converted to produce bioenergy feedstocks. This study evaluates the economic and environmental impacts of such a policy change using a Taiwanese agricultural sector model. The results show that such a strategy provides increased farm revenue, increased rural employment, increased energy sufficiency and reduced greenhouse gas emissions but also increased government expenditures. These outcomes indicate that the agricultural sector could play a positive role by producing renewable energy. -- Highlights: → This paper evaluates the economic and environmental impacts of converting set-aside area to produce bioenergy feedstocks. → Taiwanese agricultural sector model is built and applied to evaluate such impacts. → The empirical results show that producing bioenergy using set-aside area could provide increased farm revenue, increased rural employment, increased energy sufficiency and reduced greenhouse gas emissions but also increased government expenditures. → Agricultural sector in Taiwan could play a positive role by producing renewable energy.

  1. Mapping key economic indicators of onshore wind energy in Sweden by using a geospatial methodology

    International Nuclear Information System (INIS)

    Siyal, Shahid Hussain; Mentis, Dimitris; Howells, Mark

    2016-01-01

    Highlights: • We spatially quantified and visualized the economic indicators of onshore wind energy in Sweden. • Possible land use constraints to wind energy were taken into account. • Economic indicators were estimated on the basis of two wind turbines. • We used a GIS-based methodology for this analysis and found it very useful. • Results suggest that Sweden holds economic feasible wind energy resource, specially in the southern and central regions. - Abstract: Due to modern advancements in renewable energy systems and increasing prices of fossil fuels wind energy is getting a lot of attention all over the world. In this regard, Sweden also fixed motivated targets to get energy supply from local renewable energy resources. So, local wind power could help the country in achieving the targets. In this study, economic indicators of wind energy were spatially estimated for Sweden by using ArcGIS tool. In order to do this, as input data one-year high resolution modeled annual average wind data was processed by means of Rayleigh distribution, wind turbine power curve, land use constraints, technical constraints and economic parameters. Based on the input data, it was concluded that Sweden possesses economically feasible wind energy resource. The results of the study indicate that southern and central regions could produce economically viable wind electricity in all aspects as compared to the northern region of the country. Lastly, it was recommended to speed up wind energy penetration in Sweden, communal awareness and acceptance regarding the resource should be increased to avoid possible misunderstanding. Additionally, the capability of the national electric grid should be enhanced to take up the large scale unpredictable wind energy resource.

  2. The economic and financial performance of Bahrain's Fisheries Sector

    International Nuclear Information System (INIS)

    Abdulqader, E.A.A.

    2007-01-01

    This work is based on an extensive socio-economic survey conducted at all Bahrain landing sites in the period July-November, 2002. Based on boat size and the type of fishing gear used, eight fisheries sectors were determined, these included small boats using wire traps, shrimp trawls, gillnets, hooks and lines and barrier traps. It also included large boats using wire traps, shrimp trawls and gillnets. The economic and financial performances of these sectors were evaluated. The ratio of net catch flow to total earnings was used to measure the economic performance, while the return over investment was used to measure the financial performance. Higher economic returns (except for gillnet and shrimp trawl fisheries) were found in the case of small boats where smaller investments are found. This indicated that an over-fishing condition exists in Bahrain's fisheries, which is clearly found in the case of the shrimp trawl fishery. (author)

  3. Oil prices, nuclear energy consumption, and economic growth: New evidence using a heterogeneous panel analysis

    International Nuclear Information System (INIS)

    Lee, Chien-Chiang; Chiu, Yi-Bin

    2011-01-01

    This paper applies panel data analysis to examine the short-run dynamics and long-run equilibrium relationships among nuclear energy consumption, oil prices, oil consumption, and economic growth for developed countries covering the period 1971-2006. The panel cointegration results show that in the long run, oil prices have a positive impact on nuclear energy consumption, suggesting the existence of the substitution relationship between nuclear energy and oil. The long-run elasticity of nuclear energy with respect to real income is approximately 0.89, and real income has a greater impact on nuclear energy than do oil prices in the long run. Furthermore, the panel causality results find evidence of unidirectional causality running from oil prices and economic growth to nuclear energy consumption in the long run, while there is no causality between nuclear energy consumption and economic growth in the short run. - Research highlights: → We examine the relationship among nuclear energy consumption, oil prices, oil consumption, and economic growth for developed countries. → The existence of the substitution relationship between nuclear energy and oil. → Real income has a greater impact on nuclear energy than do oil prices in the long run. → An unidirectional causality running from oil prices and economic growth to nuclear energy consumption in the long run.

  4. The causal relationship between energy consumption and economic growth in Lebanon

    International Nuclear Information System (INIS)

    Dagher, Leila; Yacoubian, Talar

    2012-01-01

    This paper investigates the dynamic causal relationship between energy consumption and economic growth in Lebanon over the period 1980–2009. Within a bivariate framework, imposed on us due to data limitations, and in an effort to increase the robustness of our results, we employ a variety of causality tests, namely, Hsiao, Toda-Yamamoto, and vector error correction based Granger causality tests. We find strong evidence of a bidirectional relationship both in the short-run and in the long-run, indicating that energy is a limiting factor to economic growth in Lebanon. From a policy perspective, the confirmation of the feedback hypothesis warns against the use of policy instruments geared towards restricting energy consumption, as these may lead to adverse effects on economic growth. Consequently, there is a pressing need to revise the current national energy policy that calls for a 5% energy conservation target. Also, to shield the country from external supply shocks, given its substantial dependence on energy imports, policymakers should emphasize the development of domestic energy resources. Further, the most pertinent implication is that relaxing the present electric capacity shortages should be made a national priority, in view of its potential positive effect on the economy. - Highlights: ► We investigate the energy-GDP nexus for Lebanon. ► Evidence of a bidirectional relationship both in the short- and the long-run is found. ► Reducing outages by expanding electric capacity should thus be prioritized. ► The energy plan calling for a 5% reduction in energy consumption needs to be revised. ► Development of domestic energy sources will help in mitigating energy supply shocks.

  5. Economics of the energy economy; Oekonomie der Energiewirtschaft

    Energy Technology Data Exchange (ETDEWEB)

    Henrichs, Birgit

    2008-11-15

    The series designed by the Federal Association of Energy and Water Economy (BDEW) presents the topic energy by means of an interdisciplinary way in seven magazines. Each magazine is dedicated to important sub-topics. The series does not only address teachers of subjects in the field of natural sciences like physics, biology and chemistry but also teachers of the subjects social studies, geography, work studies and technology of the forms 5 - 10. The present seventh magazine of the study sequence is dedicated to the subject economics of the energy economy. The following aspects are described: the history of energy supply by pipelines, from a monopoly to competition, the electric power and gas market and its mechanism, basic elements of the energy policy, the role of the energy economy in the overall economy as well as perspectives of the world energy supply. (orig./RHN)

  6. Energy efficiency: Key to solving economic, environmental problems

    International Nuclear Information System (INIS)

    Flanigan, T.

    1991-01-01

    Energy efficiency can boost economic development and competitiveness, maximize capital productivity, improve environmental quality, and guarantee lasting energy security. Each of these benefits is reason enough, but collectively they form an imperative for action. The energy future must be based on cultural development, not the wanton growth that has served as an indicator of success in the past. Energy efficiency provides not only technical fixes, regulatory innovation, and a host of new financing methods, it also provides a template - a model - for a resource-efficiency ethic congruent with the notion of respecting the rights of future citizens. The good news is that the authors now know how to check environmental despoliation caused by an unquenchable thirst for energy resources. Existing energy-efficiency opportunities allow them to redefine the national energy strategy and take account of the environment and the future

  7. Can renewable energy replace nuclear power in Korea? An economic valuation analysis

    International Nuclear Information System (INIS)

    Park, Soo Ho; Jung, Woo Jin; Kim, Tae Hwan; Lee, Sang Yong Tom

    2016-01-01

    This paper studies the feasibility of renewable energy as a substitute for nuclear and energy by considering Korean customers' willingness to pay (WTP). For this analysis, we use the contingent valuation method to estimate the WTP of renewable energy, and then estimate its value using ordered logistic regression. To replace nuclear power and fossil energy with renewable energy in Korea, an average household is willing to pay an additional 102,388 Korean Won (KRW) per month (approx. US $85). Therefore, the yearly economic value of renewable energy in Korea is about 19.3 trillion KRW (approx. US $16.1 billion). Considering that power generation with only renewable energy would cost an additional 35 trillion KRW per year, it is economically infeasible for renewable energy to be the sole method of low-carbon energy generation in Korea

  8. Can Renewable Energy Replace Nuclear Power in Korea? An Economic Valuation Analysis

    Directory of Open Access Journals (Sweden)

    Soo-Ho Park

    2016-04-01

    Full Text Available This paper studies the feasibility of renewable energy as a substitute for nuclear and energy by considering Korean customers' willingness to pay (WTP. For this analysis, we use the contingent valuation method to estimate the WTP of renewable energy, and then estimate its value using ordered logistic regression. To replace nuclear power and fossil energy with renewable energy in Korea, an average household is willing to pay an additional 102,388 Korean Won (KRW per month (approx. US $85. Therefore, the yearly economic value of renewable energy in Korea is about 19.3 trillion KRW (approx. US $16.1 billion. Considering that power generation with only renewable energy would cost an additional 35 trillion KRW per year, it is economically infeasible for renewable energy to be the sole method of low-carbon energy generation in Korea.

  9. Can renewable energy replace nuclear power in Korea? An economic valuation analysis

    Energy Technology Data Exchange (ETDEWEB)

    Park, Soo Ho [Korea Institute for Advancement of Technology, Korea Technology Center, Seoul (Korea, Republic of); Jung, Woo Jin [Graduate School of Information, Yonsei University, Seoul (Korea, Republic of); Kim, Tae Hwan; Lee, Sang Yong Tom [School of Business, Hanyang University, Seoul (Korea, Republic of)

    2016-04-15

    This paper studies the feasibility of renewable energy as a substitute for nuclear and energy by considering Korean customers' willingness to pay (WTP). For this analysis, we use the contingent valuation method to estimate the WTP of renewable energy, and then estimate its value using ordered logistic regression. To replace nuclear power and fossil energy with renewable energy in Korea, an average household is willing to pay an additional 102,388 Korean Won (KRW) per month (approx. US $85). Therefore, the yearly economic value of renewable energy in Korea is about 19.3 trillion KRW (approx. US $16.1 billion). Considering that power generation with only renewable energy would cost an additional 35 trillion KRW per year, it is economically infeasible for renewable energy to be the sole method of low-carbon energy generation in Korea.

  10. The economic and financial crisis: impacts on energy balances and prices

    International Nuclear Information System (INIS)

    Hyafil, Antoine

    2009-01-01

    The current economic crisis finds its origin in the existence of a global market for human capital, without unified prices: the development of a debt economy in Western countries can be regarded as an attempt to maintain economic growth in spite of the resulting pressure on labor wages. While the sub-prime crisis has shown the limits of such an attempt, the author believes that debt driven economic growth will continue to prevail in Western countries until price imbalances on the global market for human capital are resolved. This probably implies a substitution of public to private debt, and of private consumption to public investment with the resulting implications on public deficits, supply and demand, and relative prices. Energy prices will be sensitive to public spending's both mechanical impact on economic growth and qualitative impact on energy efficiency

  11. Greenhouse gas emissions, energy consumption and economic growth: A panel cointegration analysis from Canadian industrial sector perspective

    International Nuclear Information System (INIS)

    Hamit-Haggar, Mahamat

    2012-01-01

    This paper investigates the long-run and the causal relationship between greenhouse gas emissions, energy consumption and economic growth for Canadian industrial sectors over the period 1990–2007. The empirical findings suggest that in the long-run equilibrium, energy consumption has a positive and statistically significant impact on greenhouse gas emissions whereas a non-linear relationship is found between greenhouse gas emissions and economic growth, consistent with the environmental Kuznets curve. The short-run dynamics conveys that there is a unidirectional Granger causality running from energy consumption to greenhouse gas emissions; from economic growth to greenhouse gas emissions and a weak unidirectional causality running from greenhouse gas emissions to energy consumption; from economic growth to energy consumption. In the long-run however, there seems to be a weak one way causality flowing from energy consumption and economic growth to greenhouse gas emissions. - Highlights: ► A long-run and a causal relationship between greenhouse gas emissions, energy consumption and economic growth is investigated. ► Energy consumption has a positive impact on greenhouse gas emissions in the long run. ► Unidirectional causality runs from energy consumption and economic growth to greenhouse gas emissions. ► A weak unidirectional causality runs from greenhouse gas emissions and economic growth to energy consumption.

  12. Japan's actual energy supply/demand in 1986 and background - drastically changing economic/energy situations upset plans and forecasts by a wide margin

    Energy Technology Data Exchange (ETDEWEB)

    Fujime, K

    1987-05-01

    In 1986 the value of the yen soared and there was a lowering of interest rates and a slump in crude oil prices. These drastic changes in economic/energy situations brought about a completely different picture of Japan's energy supply and demand from originally expected. Energy demand from large industrial users was lowered and impacts of price fluctuations on energy supply and demand were uneven. Topics covered in the paper are: economic/industrial trends; energy price trends; actual energy supply and demand including electricity, oil, town gas, coal and LNG (liquefied natural gas); trends of major energy-consuming industries and energy consumption including steel industry, paper/pulp industry, cement industry and petrochemical industry; plans/forecasts completely off the track due to drastically changing economic/energy situations.

  13. Economic policy and renewable energy

    International Nuclear Information System (INIS)

    Klaiss, H.

    1993-01-01

    The paper summarizes the economical conclusions of the 6th Symposium on Solar Thermal Concentrating Technologies which take place at Mojacar (Almeria). Parabolic throughs, Central Receiver Systems, dish stirling and Solar chimneys will commercial utilization by the year 2000. Levalized Energy Cost (Solar) is still higher than conventional (coal). Only the utilization of environmental parameters like ''CO2 avoided'' may contribute to market penetration. Concerning siting, it becomes clear that only those countries below 40 degree latitude, (Madrid, Nepal, Ankara) are acceptable. A desregulation of the electrical market is necessary for solar penetration, mainly in developing countries

  14. The Economics of Wind Energy

    International Nuclear Information System (INIS)

    Krohn, S.; Morthorst, P.E.; Awerbuch, S.

    2009-03-01

    This report is the result of an effort by the European Wind Energy Association (EWEA) to assemble a team of professional economists to assess the costs, benefits and risks associated with wind power generation. In particular, the authors were asked to evaluate the costs and benefits to society of wind energy compared to other forms of electricity production. In the present context of increasing energy import dependency in industrialised countries as well as the volatility of fuel prices and their impact on GDP, the aspects of energy security and energy diversification have to be given particular weight in such an analysis. Chapter 1 examines the basic (riskless) cost components of wind energy, as it leaves the wind farm, including some international comparisons and a distinction between onshore and offshore technologies. Chapter 2 illustrates other costs, mainly risks that are also part of the investment and thus have to be incorporated in the final price at which electricity coming from wind can be sold in the markets. The chapter discusses why the electricity market for renewable energy sources (RES) is regulated and how different support systems and institutional settings affect the final cost (and hence, price) of wind power. Chapter 3 discusses how the integration of wind energy is modifying the characteristics and management of the electrical system including grids, and how such modifications can affect the global price of electricity. Chapter 4 analyses how the external benefits of wind energy, such as its lower environmental impact and the lower social risk it entails can be incorporated into its valuation. Chapter 5 develops a methodology for the correct economic comparison of electricity costs coming from wind and from fuel-intensive coal and gas power generation. Chapter 5 uses as a starting point the methodology currently applied by the International Energy Agency (IEA) and improves it by incorporating some of the elements described in the previous

  15. energy and economic losses due to constant power outages in nigeria

    African Journals Online (AJOL)

    2012-07-02

    Jul 2, 2012 ... equate supply of energy restricts socio-economic ac- tivities, limits economic .... to the overall U.S economy in 1970. Since then as reported [5], the .... GHGs include water vapour, carbon dioxide, methane, nitrogen oxides, and ...

  16. PERFORMANCE TREND” AND “PERFORMANCE CURRENT” RATINGS BY ECONOMIC VALUE ADDED (EVA

    Directory of Open Access Journals (Sweden)

    ALEXANDRU BOGEANU

    2013-08-01

    Full Text Available The Economic Value Added (EVA is an index of “durable development.” It was proposed by the Stern-Stewart Office and represents the true economic profit of companies. A company reports economic profit only if thereported accounting profit is higher than the opportunity cost of equity. The authors of the EVA model (Stern-Stewart have also proposed the ways of restating the financial statements to get a “fair image” of the results, thuseliminating the “accounting distortions.”Based on the performance indexes calculated based on EVA and second-generation indexes relating toEVA, we calculated two types of rating: Rating Performance Current and Rating Performance Trend. The rating iscalculated by means of the percentiles technique and the results are split into 22 rating classes.The used database is Russell 3000.

  17. Balancing Fiscal, Energy, and Environmental Concerns: Analyzing the Policy Options for California’s Energy and Economic Future

    Directory of Open Access Journals (Sweden)

    Edward Manderson

    2013-03-01

    Full Text Available This study estimates the fiscal, energy, and environmental tradeoffs involved in supplying California’s future energy needs. An integrated framework is developed whereby an econometric forecasting system of California energy demand is coupled with engineering-economic models of energy supply, and economic impacts are estimated using input-output models of the California economy. A baseline scenario in which California relies on imported electricity to meet future demand is then compared against various energy supply development scenarios over the forecast horizon (2012–2035. The results indicate that if California implements its renewable portfolio standard (RPS, there will be a substantial net cost in terms of value added, employment, and state tax revenues because the economic benefits of building capacity are outweighed by higher energy prices. Although carbon emissions fall, the cost per ton of avoided emissions is well above market prices. Building out natural gas fired generation capacity also leads to losses compared to the baseline, although the impacts are relatively minor. Meanwhile, a strategy of replacing imported crude oil and natural gas with domestic production using indigenous resources increases gross state product, employment, and tax revenues, with minimal impact on carbon emissions. This option could, therefore, help mitigate the costs of California meeting its RPS commitment.

  18. Energy Consumption and Economic Growth in Algeria: Cointegration and Causality Analysis

    Directory of Open Access Journals (Sweden)

    Cherfi Souhila

    2012-01-01

    Full Text Available This study investigates the energy consumption-growth nexus in Algeria. The causal relationship between the logarithm of per capita energy consumption (LPCEC and the logarithm of per capita GDP (LPCGDP during the 1965-2008 period is examined using the threshold cointegration and Granger causality tests. The estimation results indicate that the LPCEC and LPCGDP for Algeria are non cointegrated and that there is a uni-directional causality running from LPCGDP to LPCEC, but not vice versa. The research results strongly support the neoclassical perspective that energy consumption is not a limiting factor to economic growth in Algeria. Accordingly, an important policy implication resulting from this analysis is that government can pursue the conservation energy policies that aim at curtailing energy use for environmental friendly development purposes without creating severe effects on economic growth. The energy should be efficiently allocated into more productive sectors of the economy.

  19. CO2 Emissions, Energy Consumption, Economic Growth and FDI in Vietnam

    Directory of Open Access Journals (Sweden)

    Dinh Hong Linh

    2014-09-01

    Full Text Available This study examines the dynamic relationships between CO2 emissions, energy consumption, FDI and economic growth for Vietnam IN the period from 1980 to 2010 based on Environmental Kuznets Curve (EKC approach, cointegration, and Granger causality tests. The empirical results do not support the EKC theory in Vietnam. However, the cointegration and Granger causality test results indicate a dynamic relationship among CO2 emissions, energy consumption, FDI and economic growth. The short run bidirectional relationship between Vietnam’s income and FDI inflows implies that the increase in Vietnam’s income will attract more capital from overseas. Inversely, FDI inflow is also driver of national income growth. The existence of bidirectional relationships in the long-run provides important policy implications. We recommend implementing a dual strategy of increasing investment in energy infrastructure and promulgating energy conservation policies to increase energy efficiency and reduce wastage of energy.

  20. Economic, Energetic, and Environmental Performance of a Solar Powered Organic Rankine Cycle with Electric Energy Storage in Different Commercial Buildings

    Directory of Open Access Journals (Sweden)

    Emily Spayde

    2018-01-01

    Full Text Available This paper presents an analysis to determine the economic, energetic, and environmental benefits that could be obtained from the implementation of a combined solar-power organic Rankine cycle (ORC with electric energy storage (EES to supply electricity to several commercial buildings including a large office, a small office, and a full service restaurant. The operational strategy for the ORC-EES system consists in the ORC charging the EES when the irradiation level is sufficient to generate power, and the EES providing electricity to the building when there is not irradiation (i.e., during night time. Electricity is purchased from the utility grid unless it is provided by the EES. The potential of the proposed system to reduce primary energy consumption (PEC, carbon dioxide emission (CDE, and cost was evaluated. Furthermore, the available capital cost for a variable payback period for the ORC-EES system was determined for each of the evaluated buildings. The effect of the number of solar collectors on the performance of the ORC-EES is also studied. Results indicate that the proposed ORC-EES system is able to satisfy 11%, 13%, and 18% of the electrical demand for the large office, the small office and the restaurant, respectively.

  1. Global economics/energy/environmental (E3) modeling of long-term nuclear energy futures

    International Nuclear Information System (INIS)

    Krakowski, R.A.; Davidson, J.W.; Bathke, C.G.; Arthur, E.D.; Wagner, R.L. Jr.

    1997-01-01

    A global energy, economics, environment (E 3 ) model has been adopted and modified with a simplified, but comprehensive and multi-regional, nuclear energy module. Using this model, consistent nuclear energy scenarios are constructed. A spectrum of future is examined at two levels in a hierarchy of scenario attributes in which drivers are either external or internal to nuclear energy. Impacts of a range of nuclear fuel-cycle scenarios are reflected back to the higher-level scenario attributes. An emphasis is placed on nuclear materials inventories (in magnitude, location, and form) and their contribution to the long-term sustainability of nuclear energy and the future competitiveness of both conventional and advanced nuclear reactors

  2. Precautionary principle, economic and energy systems and social equity

    International Nuclear Information System (INIS)

    Carvalho, Joaquim Francisco de; Mercedes, Sonia Seger P.; Sauer, Ildo L.

    2010-01-01

    In this paper the precautionary principle is reviewed alongside the process of international implementation. Adoption of the precautionary principle is advocated to deal with energy choices as a mechanism to account for potential climate change impacts, notwithstanding the debate on scientific uncertainty on the links between solar activity, greenhouse gas concentration and climate. However, it is also recognized that the widespread application of the precautionary principle to energy choices does not seem to be taking place in the real world. Relevant concrete barriers are identified stemming from the intrinsic logic governing the hegemonic economic system, driving the energy choices by economic surplus and rent generation potential, the existence of social asymmetries inside and among societies as well as by the absence of democratic global governance mechanisms, capable of dealing with climate change issues. Such perception seems to have been reinforced by the outcome of the United Nations Climate Change Conference, held in Copenhagen in December 2009.

  3. The reform of the European energy tax directive: Exploring potential economic impacts in the EU27

    International Nuclear Information System (INIS)

    Rocchi, Paola; Serrano, Mònica; Roca, Jordi

    2014-01-01

    The aim of this study is to analyze the effect that the Energy Tax Directive reform proposed in 2011 would have, if implemented, on the level of prices in the different sectors of the 27 countries of the European Union. We apply a multiregional and multisectoral model of trade flows that takes into account all the intersectoral and intercountry interdependences in the production processes. Using the World Input–Output Database we perform two different simulations. The first one considers the tax changes proposed by the reform; the second one shows the impact the reform would have entailed if it were applied also to sectors belonging to the European Trade System. The main finding of the first simulation shows that the new energy tax regime would have had a low economic cost in terms of impact on prices (less than 1% in all the countries). So, the concerns about competitiveness do not find empirical support in our results, suggesting the need for further analyses to find out the reasons that caused the failure of a reform that was an important step to introduce a taxation explicitly linked to CO 2 emissions. The second simulation, however, leads to strongly different results, pointing out the relevance of maintaining significant economic incentives to reduce carbon emissions for the European Trade System sectors, by improving the emission market performance or by applying carbon taxation also to these sectors. - Highlights: • We analyze the reform of the European energy tax proposed in 2011, rejected in 2012. • We simulate what potential economic effect this reform would have if implemented. • We find that this reform would have weak effects on prices in all 27 EU countries. • We study the effect of the reform if applied to European emission market sectors. • In this second scenario, the economic impacts would have been much stronger

  4. Fiscal greening and energy. Part 2. Economic effects of increase and broadening of the Regulating Energy Levy (REB)

    International Nuclear Information System (INIS)

    Lijesen, M.; Mulder, M.; Vromans, M.

    2001-07-01

    For the benefit of the discussion on greening the Dutch tax system, The Netherlands Bureau for Economic Policy Analysis (CPB) has made an analysis of the economic and environmental effects of raising the energy tax in the Netherlands, the so called Regulating Energy Tax.This energy tax is introduced in 1996 and has been raised in the following years in order to encourage energy efficiency improvement and the production of renewable energy. Since the introduction and the raising of this energy tax is coupled with a reduction of the tax tariffs on labour and capital, the tax basis is shifted towards environment polluting factors.This tax shift is called 'greening the tax system'. Five variants for raising the energy tax are analysed. In two of these variants the existing tariffs are raised by maintaining the existing exemption for energy use above a certain level. In the other two variants this level is raised, meaning that a larger part of the total energy use is taxed.In addition to these 4 variants, CPB has formulated a variant in which taxes have to be paid for all energy use without any exemption. In the long run uniform marginal tariffs for all energy users is the most efficient variant. Measures to reduce emissions will then be taken by the firms and households where the marginal reduction costs are relatively low. In the medium run the environmental and macroeconomic effects are almost the same in all variants. Raising the energy tax will result in a reduction of the emissions of CO2 in 2020 by 2,5 -8,5 Mton. The explanation for this range is the existence of large uncertainties concerning the development of costs and non-financial bottlenecks in the field of renewable energy production. The macro-economic costs of all variants in 2020 will be less then 0,1% GDP. The differences in environmental and macro-economic effects in the medium run are too small and the uncertainties about these effects are too large to rank these variants according their cost

  5. Sustainability and economics: The Adirondack Park experience, a forest economic-ecological model, and solar energy policy

    Science.gov (United States)

    Erickson, Jon David

    The long-term sustainability of human communities will depend on our relationship with regional environments, our maintenance of renewable resources, and our successful disengagement from nonrenewable energy dependence. This dissertation investigates sustainability at these three levels, following a critical analysis of sustainability and economics. At the regional environment level, the Adirondack Park of New York State is analyzed as a potential model of sustainable development. A set of initial and ongoing conditions are presented that both emerge from and support a model of sustainability in the Adirondacks. From these conditions, a clearer picture emerges of the definition of regional sustainability, consequences of its adoption, and lessons from its application. Next, an economic-ecological model of the northern hardwood forest ecosystem is developed. The model integrates economic theory and intertemporal ecological concepts, linking current harvest decisions with future forest growth, financial value, and ecosystem stability. The results indicate very different economic and ecological outcomes by varying opportunity cost and ecosystem recovery assumptions, and suggest a positive benefit to ecological recovery in the forest rotation decision of the profit maximizing manager. The last section investigates the motives, economics, and international development implications of renewable energy (specifically photovoltaic technology) in rural electrification and technology transfer, drawing on research in the Dominican Republic. The implications of subsidizing a photovoltaic market versus investing in basic research are explored.

  6. Management of intellectual capital and its influence on personnel economic performance

    Directory of Open Access Journals (Sweden)

    mahmoud Gholami Karin

    2016-02-01

    Full Text Available Studies have shown that, knowledge is an effective source for increasing personnel economic performance. Basically, managers of companies by considering prevailing economic conditions are forced to correct and improve methods of production, marketing, and innovation and ultimately increase economic productivity. One of the main ways to improve economic growth and increase competitive advantage, for factories is the use of creative thinking that it without the recognition and management of intellectual capitals will not be possible. The main objective of present research is to study the influence of intellectual capital components on economic performance of companies working in Saipa Automotive Manufacturing Group. Also determine relation between components of intellectual capital together. Components of intellectual capital (human, structural, and relational capital are independent variables and personnel economic performance is considered as a dependent variable. Multiple regression analysis has used for study the influence of components of intellectual capital on personnel economic performance. For test of relation between components of intellectual capital together, have used Pearson correlation analysis and for test of model has used structural equation modeling. The collected data were analyzed with the SPSS and Lisrel software, and finally the relationship between intellectual capital components were confirmed and it has been determined that relational and structural capital directly and human capital, indirectly, impress personnel economic performance in Saipa Automotive Manufacturing Group.

  7. Economics of alternative energy sources.

    Science.gov (United States)

    Ryle, M

    1977-05-12

    An important part of the oil and natural gas at present consumed in the UK is used for the heating of buildings, a demand which shows large diurnal, day-to-day and annual fluctuations. The replacement of this energy by nuclear-generated electricity, as at present envisaged, would require the construction of some 250 GW of additional capacity by the end of the century, a progamme which does not seem feasible. By incorporating relatively cheap, short term storage in the form of low-grade heat, the generating capacity required to fulfil peak demand could be reduced by more than 50%. As soon as such storage is provided, however, other sources of energy become viable and attractive alternatives, and the UK is well situated to make use of wind, wave, and tidal power. It seems likely that the value of North Sea oil/gas reserves as feedstock to the chemical industry will rise sufficiently to make an early reduction in their consumption as fuel of great economic importance.

  8. Economics of compressed air energy storage employing thermal energy storage

    Energy Technology Data Exchange (ETDEWEB)

    Schulte, S.C.; Reilly, R.W.

    1979-11-01

    The approach taken in this study is to adopt system design and capital cost estimates from three independent CAES studies (eight total designs) and, by supplying a common set of fuel/energy costs and economic assumptions in conjunction with a common methodology, to arrive at a series of levelized energy costs over the system's lifetime. In addition, some analyses are provided to gauge the sensitivity of these levelized energy costs to fuel and compression energy costs and to system capacity factors. The systems chosen for comparison are of four generic types: conventional CAES, hybrid CAES, adiabatic CAES, and an advanced-design gas turbine (GT). In conventional CAES systems the heat of compression generated during the storage operation is rejected to the environment, and later, during the energy-generation phase, turbine fuel must be burned to reheat the compressed air. In the hybrid systems some of the heat of compression is stored and reapplied later during the generation phase, thereby reducing turbine fuel requirements. The adiabatic systems store adequate thermal energy to eliminate the need for turbine fuel entirely. The gas turbine is included within the report for comparison purposes; it is an advanced-design turbine, one that is expected to be available by 1985.

  9. Recent Topical Research on Global, Energy, Health & Medical, and Tourism Economics, and Global Software

    OpenAIRE

    Chang, Chia-Lin; McAleer, Michael

    2017-01-01

    textabstractThe paper presents an overview of recent topical research on global, energy, health & medical, and tourism economics, and global software. We have interpreted “global” in the title of the Journal of Reviews on Global Economics to cover contributions that have a global impact on economics, thereby making it “global economics”. In this sense, the paper is concerned with papers on global, energy, health & medical, and tourism economics, as well as global software algorithms that have...

  10. Waste-to-energy: Technical, economic and ecological point of views

    International Nuclear Information System (INIS)

    Cassitto, L.

    1997-01-01

    Overwhelming waste-recycling should be considered more as a psychological than as a technological method to deal with wastes. The best waste disposal systems should actually grant mass or energy recovery from technical, economic and ecological point-of-views. Highest results seem to be granted by waste-to-energy technologies since energy content is the best preserved property after using materials

  11. CORRUPTION, POVERTY AND ECONOMIC PERFORMANCE:EASTERN EUROPEAND CENTRAL ASIA CASE

    Directory of Open Access Journals (Sweden)

    Mustafa Ildırar

    2015-07-01

    Full Text Available Corruption, defined as “the misuse of public power for private benefit.” TheWorld Bank describes corruption as one of the greatest obstacles to economic andsocial development. It undermines development by distortingthe rule of law andweakening the institutional foundation on which economic performance depends.In pastdecades, many theoretical and empirical studies have presented corruptionhinders investment, reduces economicgrowth, restricts trade, distorts governmentexpenditures and strengthens the underground economy. In addition,they haveshown a strong connection between corruption and poverty and incomeinequality. On the other hand,theliterature on corruption points to the conclusionthat corruption by itself does not lead to poverty. Rather,corruption has directconsequences on economic and governance factors, intermediaries that in turn producepoverty. Although corruption is seen inmany countries in the world, it ishigher and widespread in developingcountries. This study investigates relationbetween corruption, poverty, and economic performance by using apanelconsisting of countries in the Eastern Europe and Central Asia countries. It wasshown that corruptionaffected directly economic performance and low economicperformance leads to poverty. Additionally, resultsimply that rules againstcorruption could affect economic growth indirectly through their impact on thelevel ofc orruption.

  12. Economics in Criticality and Restoration of Energy Infrastructures.

    Energy Technology Data Exchange (ETDEWEB)

    Boyd, Gale A.; Flaim, Silvio J.; Folga, Stephen M.; Gotham, Douglas J.; McLamore, Michael R.; Novak, Mary H.; Roop, Joe M.; Rossmann, Charles G.; Shamsuddin, Shabbir A.; Zeichner, Lee M.; Stamber, Kevin L.

    2005-03-01

    Economists, systems analysts, engineers, regulatory specialists, and other experts were assembled from academia, the national laboratories, and the energy industry to discuss present restoration practices (many have already been defined to the level of operational protocols) in the sectors of the energy infrastructure as well as other infrastructures, to identify whether economics, a discipline concerned with the allocation of scarce resources, is explicitly or implicitly a part of restoration strategies, and if there are novel economic techniques and solution methods that could be used help encourage the restoration of energy services more quickly than present practices or to restore service more efficiently from an economic perspective. AcknowledgementsDevelopment of this work into a coherent product with a useful message has occurred thanks to the thoughtful support of several individuals:Kenneth Friedman, Department of Energy, Office of Energy Assurance, provided the impetus for the work, as well as several suggestions and reminders of direction along the way. Funding from DOE/OEA was critical to the completion of this effort.Arnold Baker, Chief Economist, Sandia National Laboratories, and James Peerenboom, Director, Infrastructure Assurance Center, Argonne National Laboratory, provided valuable contacts that helped to populate the authoring team with the proper mix of economists, engineers, and systems and regulatory specialists to meet the objectives of the work.Several individuals provided valuable review of the document at various stages of completion, and provided suggestions that were valuable to the editing process. This list of reviewers includes Jeffrey Roark, Economist, Tennessee Valley Authority; James R. Dalrymple, Manager of Transmission System Services and Transmission/Power Supply, Tennessee Valley Authority; William Mampre, Vice President, EN Engineering; Kevin Degenstein, EN Engineering; and Patrick Wilgang, Department of Energy, Office of

  13. The economic impacts of desert power. Socio-economic aspects of an EUMENA renewable energy transition

    Energy Technology Data Exchange (ETDEWEB)

    Blohmke, Julian; Sohm, Matthew; Zickfeld, Florian

    2013-06-15

    The countries of the Middle East and North Africa (MENA) are one of the world's largest potential growth markets for renewable energy generation. Countries throughout the region have recognized the great potential of their excellent wind and solar conditions, and ample empty space, and have ambitious plans to develop solar and wind energy. They are already making progress in realizing these renewables targets. They also increasingly recognize the great potential of renewable energy in tackling a range of challenges. At a time of high unemployment, particularly among youth, the growth of renewable energy provides an engine for creating new jobs and fostering new skill profiles among workers. Renewables can increase GDP and form the basis for a significant new source of trade revenues. As a source of energy, renewables reduce dependency on fossil fuels - whether as imports, to supply energy, or as exports. This report, Economic Impacts of Desert Power (EIDP), investigates how, and under what conditions, renewables in MENA can lead to socioeconomic benefits. EIDP shows, under various scenarios, how many jobs can be expected in three exemplary MENA countries, and how the expansion of renewables can lead to higher GDP growth rates across the region. EIDP pinpoints their economic impact across sectors and countries. At the same time, EIDP describes how these effects can be maximized through immediate and sustained policy support. The report also details how such support can be tailored to foster a self-sustaining market. In short, EIDP aims to contribute to a range of debates focused on how to maximize the benefits of green growth. EIDP illustrates the following points: - MENA can benefit economically from decarbonizing - even if the rest of the world does not pursue climate action. - Exporting excess electricity is an economic opportunity for MENA countries - several North African countries could create a major export industry with renewable electricity, which

  14. The relationship between animal welfare and economic performance at farm level

    DEFF Research Database (Denmark)

    Henningsen, Arne; Czekaj, Tomasz Gerard; Forkman, Björn

    We propose a theoretical framework for the relationship between animal welfare and the economic performance of livestock farms. We empirically analyse this relationship based on a unique data set of randomly sampled Danish pig herds that includes information from unannounced inspections of the co......We propose a theoretical framework for the relationship between animal welfare and the economic performance of livestock farms. We empirically analyse this relationship based on a unique data set of randomly sampled Danish pig herds that includes information from unannounced inspections...... of the compliance with the animal welfare legislation. We find large variations in economic performance indicators and animal welfare indicators. The relationship between these two indicators is rather weak, but tends to be slightly positive. We conclude that management has a major influence on both economic...... performance and animal welfare so that good farm managers are able to obey all animal welfare regulations and, at the same time, achieve a high economic performance....

  15. Some ecological and socio-economic considerations for biomass energy crop production

    International Nuclear Information System (INIS)

    Paine, L.K.; Undersander, D.J.; Temple, S.A.; Klemme, R.M.; Peterson, T.L.; Bartelt, G.A.; Sample, D.W.; Rineer, K.C.

    1996-01-01

    The purpose of this paper is to suggest a regional approach to ensure that energy crop production will proceed in an ecologically and economically sustainable way. At this juncture, we have the opportunity to build into the system some ecological and socio-economic values which have not traditionally been considered. If crop species are chosen and sited properly, incorporation of energy crops into our agricultural system could provide extensive wildlife habitat and address soil and water quality concerns, in addition to generating renewable power. We recommend that three types of agricultural land be targeted for perennial biomass energy crops: (1) highly erodible land; (2) wetlands presently converted to agricultural uses; and (3) marginal agricultural land in selected regions. Fitting appropriate species to these lands, biomass crops can be successfully grown on lands not ecologically suited for conventional farming practices, thus providing an environmental benefit in addition to producing an economic return to the land owner. (author)

  16. Nonmarket cobenefits and economic feasibility of on-farm biogas energy production

    International Nuclear Information System (INIS)

    Yiridoe, Emmanuel K.; Gordon, Robert; Brown, Bettina B.

    2009-01-01

    Standard analysis of the economic feasibility of on-farm biogas energy production tend to emphasize primarily on direct financial benefits to farmers, and abstracts from the nonmarket cobenefits associated with anaerobic digestion of livestock manure and other biomass feedstock. This shortcoming of the standard feasibility analysis raises a fundamental question: How is the economic feasibility of on-farm anaerobic biogas energy production affected by the associated nonpecuniary cobenefits? Incorporating key nonmarket cobenefits from biogas energy production extends the standard economic feasibility analysis, and provides important insights. When nonmarket cobenefits were excluded, on-farm biogas energy production was generally not financially feasible for the dairy and swine farm size ranges studied (except for 600- and 800-sow farms). Overall, results of the financial feasibility analysis did not change compared to a base scenario (without nonmarket cobenefits) when an estimated annual total nonmarket cobenefits of CND$5000 was incorporated into the analysis, for both dairy and swine farms. Biogas energy production was generally financially viable for small-size dairy (i.e., 50-cow) and swine (i.e., 200-sow) farms when the nonmarket cobenefits were valued at CND$15,000 (or higher). Improvements in financial feasibility were more dramatic for dairy than for swine farms

  17. Environmental, economic and energy analysis of double glazing with a circulating water chamber in residential buildings

    International Nuclear Information System (INIS)

    Gil-Lopez, Tomas; Gimenez-Molina, Carmen

    2013-01-01

    Highlights: ► Glazed façade area is the part that produces greatest energy losses and gains. ► A potential for energy savings has been detected in residential buildings. ► Active glazing comprising two laminated glass panels with a circulating water chamber. ► Analysis of energy performance, economic viability and impact on carbon footprint. ► Natural gas condensing boilers is the less contaminating and more efficient option. -- Abstract: In general, the glazed façade area of a building is the part that produces the greatest energy losses and gains. The basic aim of this work is to achieve a more efficient heat control in closed spaces. To this end, an exhaustive study has been made of active glazing comprising two laminated glass panels with a circulating water chamber. Not only has the energy consumption been analysed but also the energy efficiency according to fuel type, the amount of CO 2 emitted into the atmosphere and the economic cost. The results of this study, from the points of view of economic feasibility and energy efficiency, show that the solution of double glazing with a circulating water chamber is a less polluting and more efficient option than the systems currently used. This solution is able to reduce the energy losses and gains that are produced through the glazed façade of a building by 18.26% for calorific and frigorific energy compared to the total consumption of the building. The layout of the proposed installation facilitates its integration into any type of residential building, either under construction or being renovated. Moreover, its zero visual impact means it can even be implemented in places with strict town-planning regulations.

  18. Environmental & economic life cycle assessment of current & future sewage sludge to energy technologies.

    Science.gov (United States)

    Mills, N; Pearce, P; Farrow, J; Thorpe, R B; Kirkby, N F

    2014-01-01

    The UK Water Industry currently generates approximately 800GWh pa of electrical energy from sewage sludge. Traditionally energy recovery from sewage sludge features Anaerobic Digestion (AD) with biogas utilisation in combined heat and power (CHP) systems. However, the industry is evolving and a number of developments that extract more energy from sludge are either being implemented or are nearing full scale demonstration. This study compared five technology configurations: 1 - conventional AD with CHP, 2 - Thermal Hydrolysis Process (THP) AD with CHP, 3 - THP AD with bio-methane grid injection, 4 - THP AD with CHP followed by drying of digested sludge for solid fuel production, 5 - THP AD followed by drying, pyrolysis of the digested sludge and use of the both the biogas and the pyrolysis gas in a CHP. The economic and environmental Life Cycle Assessment (LCA) found that both the post AD drying options performed well but the option used to create a solid fuel to displace coal (configuration 4) was the most sustainable solution economically and environmentally, closely followed by the pyrolysis configuration (5). Application of THP improves the financial and environmental performance compared with conventional AD. Producing bio-methane for grid injection (configuration 3) is attractive financially but has the worst environmental impact of all the scenarios, suggesting that the current UK financial incentive policy for bio-methane is not driving best environmental practice. It is clear that new and improving processes and technologies are enabling significant opportunities for further energy recovery from sludge; LCA provides tools for determining the best overall options for particular situations and allows innovation resources and investment to be focused accordingly. Copyright © 2013 The Authors. Published by Elsevier Ltd.. All rights reserved.

  19. Energy rebound and economic growth: A review of the main issues and research needs

    International Nuclear Information System (INIS)

    Madlener, R.; Alcott, B.

    2009-01-01

    Contrary to conventional wisdom, more efficient use of energy may actually through rebound effects lead to greater instead of less total consumption of energy-or at least to no diminution of energy consumption. If so, energy efficiency strategies may serve goals of raising economic growth and affluence, but as an environmental or energy policy strategy could backfire, leading to more resource use in absolute terms rather than less. This, in turn, could in the long run hamper economic growth, for instance if resource scarcity crowds out technical change. The hypothesis that rebound is greater than unity ('backfire') predicts the observed real-world correlation between rising energy consumption and rising efficiency of energy services, however difficult it may be to define a precise holistic metric for the latter. The opposing hypothesis, i.e. that rebound is less than unity and that energy efficiency increases therefore result in less energy consumption than before, requires on the other hand strong forces that do account for the empirically observed economic growth. This paper summarises some of the discussions around the rebound effect, puts it into perspective to economic growth, and provides some insights at the end that can guide future empirical research on the rebound topic

  20. Technical and economic assessment of energy conversion technologies for MSW

    Energy Technology Data Exchange (ETDEWEB)

    Livingston, W.R.

    2002-07-01

    Thermal processes for municipal solid wastes (MSW) based on pyrolysis and/or gasification that have relevance to the emerging UK market are described in this report, and the results of the technical and economical assessment of these processes are presented. The Mitsui R21 Technology, the Thermoselect Process, the Nippon Steel Waste Melting Process, the Pyropleq Process, and the Compact Power Process are selected for detailed comparison on the basis of the overall technical concept, the energy balance and the requirements for consumables, environmental performance, and the technical and commercial status of the technology. Details are also given of a comparison of the novel thermal technologies with conventional mass burn incineration for MSW.

  1. Technical and economic assessment of energy conversion technologies for MSW

    International Nuclear Information System (INIS)

    Livingston, W.R.

    2002-01-01

    Thermal processes for municipal solid wastes (MSW) based on pyrolysis and/or gasification that have relevance to the emerging UK market are described in this report, and the results of the technical and economical assessment of these processes are presented. The Mitsui R21 Technology, the Thermoselect Process, the Nippon Steel Waste Melting Process, the Pyropleq Process, and the Compact Power Process are selected for detailed comparison on the basis of the overall technical concept, the energy balance and the requirements for consumables, environmental performance, and the technical and commercial status of the technology. Details are also given of a comparison of the novel thermal technologies with conventional mass burn incineration for MSW

  2. Decommissioning wind energy projects: An economic and political analysis

    International Nuclear Information System (INIS)

    Ferrell, Shannon L.; DeVuyst, Eric A.

    2013-01-01

    Wind energy is the fastest-growing segment of new electrical power capacity in the United States, with the potential for significant growth in the future. To facilitate such growth, a number of concerns between developers and landowners must be resolved, including assurance of wind turbine decommissioning at the end of their useful lives. Oklahoma legislators enlisted the authors to develop an economically-sound proposal to ensure developers complete their decommissioning obligations. Economic analysis of turbine decommissioning is complicated by a lack of operational experience, as few U.S. projects have been decommissioned. This leads to a lack of data regarding decommissioning costs. Politically, the negotiation leading to the finally-enacted solution juxtaposed economic theory against political pragmatism, leading to a different but hopefully sound solution. This article will provide background for the decommissioning issue, chronicle the development of the decommissioning component of the Oklahoma Wind Energy Act, and frame issues that remain for policymakers in regulating wind power development. - Highlights: ► Wind energy is the fastest-growing component of U.S. power generation. ► Decommissioning wind projects is policy concern for wind development. ► Little public information on wind turbine decommissioning costs exists. ► Oklahoma’s solution attempts to account for both costs and risks. ► Additional research is needed to create a more precise policy solution.

  3. Analyzing Long-run Relationship between Energy Consumption and Economic Growth in the Kingdom of Bahrain

    Directory of Open Access Journals (Sweden)

    Naser Hanan

    2017-01-01

    Full Text Available Since the relation between energy consumption and economic growth is important to design effective energy policies that will promote economic growth, this study investigates the short run dynamics and causality among energy consumption, co2 emissions, oil prices and economic growth in Kingdom of Bahrain. To do so, annual data that covers the period from 1960 till 2015. Empirical work tests for unit root, co-integration relationship using Johansen (1988 approach and then estimate both long and short run dynamics using the vector error correction model (VECM. Results indicate that there is a long-run relationship between the suggested variables. Since economic growth has a predictive power to estimate the energy demand of Kingdom of Bahrain, it is recommended that the government of Bahrain and policy designers shed the light on energy efficiency strategies and carbon emissions reduction policy in the long run without impeding economic growth in order to move towards sustainability.

  4. Analyzing Long-run Relationship between Energy Consumption and Economic Growth in the Kingdom of Bahrain

    Science.gov (United States)

    Naser, Hanan

    2017-11-01

    Since the relation between energy consumption and economic growth is important to design effective energy policies that will promote economic growth, this study investigates the short run dynamics and causality among energy consumption, co2 emissions, oil prices and economic growth in Kingdom of Bahrain. To do so, annual data that covers the period from 1960 till 2015. Empirical work tests for unit root, co-integration relationship using Johansen (1988) approach and then estimate both long and short run dynamics using the vector error correction model (VECM). Results indicate that there is a long-run relationship between the suggested variables. Since economic growth has a predictive power to estimate the energy demand of Kingdom of Bahrain, it is recommended that the government of Bahrain and policy designers shed the light on energy efficiency strategies and carbon emissions reduction policy in the long run without impeding economic growth in order to move towards sustainability.

  5. The Second Law of Economics Energy, Entropy, and the Origins of Wealth

    CERN Document Server

    Kümmel, Reiner

    2011-01-01

    Nothing happens in the world without energy conversion and entropy production.  These fundamental natural laws are familiar to most of us when applied to the evolution of stars, biological processes, or the working of an internal combustion engine, but what about industrial economies and wealth production, or their constant companion, pollution?  Does economics conform to the First and the Second  Law of Thermodynamics?  In this important book, Reiner Kümmel takes us on a fascinating tour of these laws and their influence on natural, technological, and social evolution.  Analyzing economic growth in Germany, Japan, and the United States in light of technological constraints on capital, labor, and energy, Professor Kümmel upends conventional economic wisdom by showing that the  productive power of energy far outweighs its small share of costs, while for labor just the opposite is true.  Wealth creation by energy conversion is accompanied and limited by polluting emissions that are coupled to entropy p...

  6. Energy consumption-economic growth relationship and carbon dioxide emissions in China

    Energy Technology Data Exchange (ETDEWEB)

    Fei Li, E-mail: lfly2004@yahoo.com.c [Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing 100101 (China); Dong Suocheng; Xue Li [Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing 100101 (China); Liang Quanxi [Jinan University, Guangzhou 510632 (China); Yang Wangzhou [Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing 100101 (China)

    2011-02-15

    This paper applies the panel unit root, heterogeneous panel cointegration and panel-based dynamic OLS to re-investigate the co-movement and relationship between energy consumption and economic growth for 30 provinces in mainland China from 1985 to 2007. The empirical results show that there is a positive long-run cointegrated relationship between real GDP per capita and energy consumption variables. Furthermore, we investigate two cross-regional groups, namely the east China and west China groups, and get more important results and implications. In the long-term, a 1% increase in real GDP per capita increases the consumption of energy by approximately 0.48-0.50% and accordingly increases the carbon dioxide emissions by about 0.41-0.43% in China. The economic growth in east China is energy-dependent to a great extent, and the income elasticity of energy consumption in east China is over 2 times that of the west China. At present, China is subject to tremendous pressures for mitigating climate change issues. It is possible that the GDP per capita elasticity of carbon dioxide emissions would be controlled in a range from 0.2 to 0.3 by the great effort. - Research Highlights: {yields} The long-run cointegrated relationship between real GDP per capita and energy consumption in China is examined. {yields} GDP per capita elasticity of carbon dioxide emissions is estimated. {yields} Economic growth in east China is energy-dependent to a great extent, and relies on the consumption of the energy more than the west China.

  7. Energy consumption-economic growth relationship and carbon dioxide emissions in China

    International Nuclear Information System (INIS)

    Fei Li; Dong Suocheng; Xue Li; Liang Quanxi; Yang Wangzhou

    2011-01-01

    This paper applies the panel unit root, heterogeneous panel cointegration and panel-based dynamic OLS to re-investigate the co-movement and relationship between energy consumption and economic growth for 30 provinces in mainland China from 1985 to 2007. The empirical results show that there is a positive long-run cointegrated relationship between real GDP per capita and energy consumption variables. Furthermore, we investigate two cross-regional groups, namely the east China and west China groups, and get more important results and implications. In the long-term, a 1% increase in real GDP per capita increases the consumption of energy by approximately 0.48-0.50% and accordingly increases the carbon dioxide emissions by about 0.41-0.43% in China. The economic growth in east China is energy-dependent to a great extent, and the income elasticity of energy consumption in east China is over 2 times that of the west China. At present, China is subject to tremendous pressures for mitigating climate change issues. It is possible that the GDP per capita elasticity of carbon dioxide emissions would be controlled in a range from 0.2 to 0.3 by the great effort. - Research Highlights: → The long-run cointegrated relationship between real GDP per capita and energy consumption in China is examined. → GDP per capita elasticity of carbon dioxide emissions is estimated. → Economic growth in east China is energy-dependent to a great extent, and relies on the consumption of the energy more than the west China.

  8. Marine energy consumption, national economic activity, and greenhouse gas emissions from international shipping

    International Nuclear Information System (INIS)

    Chang, Ching-Chih

    2012-01-01

    The causal relationships among marine energy consumption, greenhouse gas emissions from international shipping, and economic growth for Kyoto Protocol Annex I countries for the period of 1990 to 2006 are discussed. The real gross domestic product is used as a proxy for economic activity. The United States is also discussed because it was the main global polluter before 2006. The co-integration methodology and an error-correction model are used to examine the causal relationships. The empirical results show that marine energy consumption and GDP are the main factors of increased GHG emissions in the short-run, and that economic activity significantly increased emissions in the long-run. Emissions from shipping are more closely related to marine energy consumption than to economic activity. Hence, policies for mitigating greenhouse gas emissions from marine shipping need to focus on greater energy efficiency in the design of ship engines and hulls. - Highlights: ► Energy consumption and GDP are the main causes to increased GHG emissions in the shipping industry. ► Emissions from shipping are more closely related to energy consumption than to GDP. ► Policies to mitigate GHG emissions from shipping industry should focus on the engine and hull design.

  9. Essays on the economics of decarbonization and renewable energy support

    International Nuclear Information System (INIS)

    Jaegemann, Cosima Claudia

    2014-01-01

    The thesis consists of five essays investigating various aspects associated with the decarbonization of Europe's power sector and the politically incentivized expansion of renewable energy generation. The first essay analyzes the economic implications of alternative decarbonization pathways and policy instruments for Europe's power sector up to 2050 and illustrates the importance of ensuring competition between all low-carbon technologies in order to limit the costs of decarbonization. The second essay analyzes the economic inefficiency associated with the concept of grid parity for the case of photovoltaic (PV). In order to both enhance overall welfare and avoid redistributional effects, the indirect financial incentive for in-house PV electricity consumption should be abolished. The third essay discusses the system price effect of wind and solar power generation and illustrates that the decrease in the marginal value of wind and solar power (as a consequence of increased penetration) is already highly relevant for both wind and solar power generation in Germany. The fourth essay adds to the ongoing debate surrounding the cost-efficient achievement of politically implemented renewable energy targets. Renewable energy support schemes that fail to incentivize investors to account for differences in the marginal value of wind and solar power generation are associated with excess costs as they prevent the equalization of net marginal costs across technologies and regions. The fifth essay analyzes the economic value of storage as a function of the overall generation mix and illustrates the economic inefficiency arising from feed-in tariff systems for the special case of thermal energy storage units in concentrating solar power plants.

  10. Essays on the economics of decarbonization and renewable energy support

    Energy Technology Data Exchange (ETDEWEB)

    Jaegemann, Cosima Claudia

    2014-06-05

    The thesis consists of five essays investigating various aspects associated with the decarbonization of Europe's power sector and the politically incentivized expansion of renewable energy generation. The first essay analyzes the economic implications of alternative decarbonization pathways and policy instruments for Europe's power sector up to 2050 and illustrates the importance of ensuring competition between all low-carbon technologies in order to limit the costs of decarbonization. The second essay analyzes the economic inefficiency associated with the concept of grid parity for the case of photovoltaic (PV). In order to both enhance overall welfare and avoid redistributional effects, the indirect financial incentive for in-house PV electricity consumption should be abolished. The third essay discusses the system price effect of wind and solar power generation and illustrates that the decrease in the marginal value of wind and solar power (as a consequence of increased penetration) is already highly relevant for both wind and solar power generation in Germany. The fourth essay adds to the ongoing debate surrounding the cost-efficient achievement of politically implemented renewable energy targets. Renewable energy support schemes that fail to incentivize investors to account for differences in the marginal value of wind and solar power generation are associated with excess costs as they prevent the equalization of net marginal costs across technologies and regions. The fifth essay analyzes the economic value of storage as a function of the overall generation mix and illustrates the economic inefficiency arising from feed-in tariff systems for the special case of thermal energy storage units in concentrating solar power plants.

  11. Biomass direct-fired power generation system in China: An integrated energy, GHG emissions, and economic evaluation for Salix

    International Nuclear Information System (INIS)

    Wang, Changbo; Zhang, Lixiao; Chang, Yuan; Pang, Mingyue

    2015-01-01

    To gain a better understanding of the options of biomass power generation in China, this study presented an integrated energy, environmental, and economic evaluation for Salix in China, and a typical Salix direct-fired power generation system (SDPGS) in Inner Mongolia was selected for case study. A tiered hybrid life cycle assessment (LCA) model was developed to calculate the “planting-to-wire” (PTW) energy consumption, greenhouse gas (GHG) emissions, and economic cost and profit of the SDPGS, including feedstock cultivation, power plant construction and operation, and on-grid price with/without government subsidies. The results show that the PTW energy consumption and GHG emissions of Salix are 0.8 MJ/kWh and 114 g CO 2 -eq/kWh, respectively, indicating an energy payback time (EPBT) of 3.2 years. The SDPGS is not economically feasible without government subsidies. The PTW costs are dominated by feedstock cultivation. The energy saving and GHG mitigation benefits are still robust, even when the power plant runs at only 60% design capacity. For future development of biomass power in China, scientific planning is necessary to guarantee a sufficient feedstock supply. In addition, technology progress, mature industrial chains, and reasonable price setting policy are required to enable potential energy and environmental advantages of biomass power moving forward. -- Highlights: •A hybrid LCA model was used to evaluate overall performance of the SDPGS. •On-site processes dominate the “planting-to-wire” footprints. •The energy saving and GHG mitigation benefits of the SDPGS are robust. •The economic profit of the SDPGS is feeble without government subsidies. •Generating efficiency promotion has a comprehensive positive effect on the system

  12. On the causal dynamics between emissions, nuclear energy, renewable energy, and economic growth

    International Nuclear Information System (INIS)

    Apergis, Nicholas; Payne, James E.; Menyah, Kojo; Wolde-Rufael, Yemane

    2010-01-01

    This paper examines the causal relationship between CO 2 emissions, nuclear energy consumption, renewable energy consumption, and economic growth for a group of 19 developed and developing countries for the period 1984-2007 using a panel error correction model. The long-run estimates indicate that there is a statistically significant negative association between nuclear energy consumption and emissions, but a statistically significant positive relationship between emissions and renewable energy consumption. The results from the panel Granger causality tests suggest that in the short-run nuclear energy consumption plays an important role in reducing CO 2 emissions whereas renewable energy consumption does not contribute to reductions in emissions. This may be due to the lack of adequate storage technology to overcome intermittent supply problems as a result electricity producers have to rely on emission generating energy sources to meet peak load demand. (author)

  13. Economic evaluation of energy saving measures in a common type of Greek building

    International Nuclear Information System (INIS)

    Nikolaidis, Yiannis; Pilavachi, Petros A.; Chletsis, Alexandros

    2009-01-01

    This paper deals with the economic analysis and evaluation of various energy saving measures in the building sector, focusing on a domestic detached house in Greece, i.e. in a typical Mediterranean climate. In order to detect the energy saving measures that, in addition to energy benefits, can also provide economic profits, the study examines the following measures: all kinds of insulation; upgrading of the heating system; use of thermal solar systems; upgrading of lighting; upgrading of electric appliances; upgrading of the cooling system. The economic evaluation methods used for ranking the energy saving measures are the Net Present Value, the Internal Rate of Return, the Savings to Investment Ratio and the Depreciated Payback Period. It has been found that amongst the most effective energy saving methods are the upgrading of lighting, the insulation of the roof of the building and the installation of an automatic temperature control system.

  14. The Potential of Solar as Alternative Energy Source for Socio-Economic Wellbeing in Rural Areas, Malaysia

    Science.gov (United States)

    Alam, Rashidah Zainal; Siwar, Chamhuri; Ludin, Norasikin Ahmad

    Malaysia's energy sector is highly dependent on fossil fuels as a primary energy source. Economic growth and socio-economic wellbeing also rely on the utilization of energy in daily life routine. Nevertheless, the increasing cost for electricity and declining fossil fuels resources causes various negative impacts to the people and environment especially in rural areas. This prompted Malaysia to shift towards alternative energy sources such as solar energy to ensure social, economic and environmental benefits. The solar energy is one of the potential renewable energy sources in tropical countries particularly in Malaysia. The paper attempts to analyze the benefits and advantages related to energy efficiency of solar for sustainable energy use and socio economic wellbeing in rural areas, Malaysia. The paper uses secondary sources of data such as policies, regulations and research reports from relevant ministries and agencies to attain the objectives. As a signatory country to the UN Convention on Climate Change and the Kyoto Protocol, Malaysia has taken initiatives for decreasing energy dependence on oil to reduce greenhouse gas emissions (GHG) for sustainable development. The paper shows solar energy becomes one of the promising alternative energy sources to alleviate energy poverty in Malaysia for rural areas. Finally, solar energy has increased socio-economic wellbeing and develops green potential and toward achieving energy efficiency in energy sector of Malaysia by preserving environment as well as reducing carbon emission.

  15. Energy policy under the aspect of international economic interdependencies

    International Nuclear Information System (INIS)

    Michaelis, H.

    1978-01-01

    A few introductory remarks on the status of and on prospects fo the world energy economy as well as on reasons given for the necessity of a world-wide coordination of energy policy and economic policy are followed by an explanation of the policy led by oil extracting countries and of the endeavour of western industrialized countries to reduce oil imports. Even if the state of utilizing nuclear energy does not yet present a sufficient alternative, the international nuclear energy continues to be directed towards this goal. Seen from an international viewpoint, relieving contributions are to be expected from energy-conservation-actions and from the development of regenerative energy sources. (UA) [de

  16. Energy demand, economic growth, and energy efficiency - the Bakun dam-induced sustainable energy policy revisited

    International Nuclear Information System (INIS)

    Keong, C.Y.

    2005-01-01

    In embarking on a dynamic course of economic development and industrial modernism, Malaysia sees the need to increase its electricity generation capacity through the development of a mega-dam project - the Bakun dam. Although hydroelectricity generation offers one of the benign options in accommodating the increasing energy consumption per capita in Malaysia, it is argued that the construction of Bakun's dam which involves a complete and irreversible destruction of 69,640 ha of old forest ecosystem remains a difficult and uncertain endeavour. It is further argued that apart from mega-dam technology, there are also other means to orchestrate a sustainable energy system in Malaysia. These include the implementation of demand and supply initiatives, such as the deployment of energy saving technology or influencing behavioral change towards a sustainable energy consumption pattern

  17. Economic Impacts of Future Changes in the Energy System - National Perspectives

    DEFF Research Database (Denmark)

    Glynn, James; Fortes, Patrícia; Krook-Riekkola, Anna

    2015-01-01

    climate change. This chapter summarises modelling methodologies developed in the ETSAP community to assess economic impacts of decarbonising energy systems at a national level. The preceding chapter focuses on a global perspective. The modelling studies outlined here show that burden sharing rules...... and national revenue recycling schemes for carbon tax are critical for the long-term viability of economic growth and equitable engagement on combating climate change. Traditional computable general equilibrium models and energy systems models solved in isolation can misrepresent the long run carbon cost...

  18. Sensitivity analysis of energy demands on performance of CCHP system

    International Nuclear Information System (INIS)

    Li, C.Z.; Shi, Y.M.; Huang, X.H.

    2008-01-01

    Sensitivity analysis of energy demands is carried out in this paper to study their influence on performance of CCHP system. Energy demand is a very important and complex factor in the optimization model of CCHP system. Average, uncertainty and historical peaks are adopted to describe energy demands. The mix-integer nonlinear programming model (MINLP) which can reflect the three aspects of energy demands is established. Numerical studies are carried out based on energy demands of a hotel and a hospital. The influence of average, uncertainty and peaks of energy demands on optimal facility scheme and economic advantages of CCHP system are investigated. The optimization results show that the optimal GT's capacity and economy of CCHP system mainly lie on the average energy demands. Sum of capacities of GB and HE is equal to historical heating demand peaks, and sum of capacities of AR and ER are equal to historical cooling demand peaks. Maximum of PG is sensitive with historical peaks of energy demands and not influenced by uncertainty of energy demands, while the corresponding influence on DH is adverse

  19. Short- and long-run causality between energy consumption and economic growth: Evidence across regions in China

    International Nuclear Information System (INIS)

    Herrerias, M.J.; Joyeux, R.; Girardin, E.

    2013-01-01

    Highlights: • We investigate the relationship between energy and economic growth across Chinese regions. • We examine short- and long-run causality. • We use panel cointegration techniques. • We find that causality runs in the long-run from economic growth to energy consumption from 1999 to 2009. • We conclude that policies for conserving energy can be adopted without interrupting the path of growth. - Abstract: The relationship between energy consumption and economic growth has created a large body of research in the energy-economics literature. In this paper, we investigate such a relation in the case of Chinese regions from 1995 to 2009. The majority of previous studies have ignored the regional dimension and the cross-sectional dependence of provinces. Besides, different energy policies adopted by the government have influenced energy intensity over time, showing improvement in the 1990s and deterioration from 2000 onwards. Thus, it is necessary to examine these two periods separately. Moreover, a detailed disaggregation of total energy consumption into electricity, coal, coke, and crude oil consumption and its linkage with economic growth may provide new insights for the design of energy policy across Chinese regions. We use panel techniques to test the direction of the causality in the long- and short-run between these different types of energy consumption and economic growth. Our results are mixed from 1995 to 2009 due the aforementioned break around 1999. However, in all cases our estimations provide empirical evidence that from 1999 to 2009 there is unidirectional causation from economic growth to energy consumption in the long-run. Therefore, energy-saving policies can be adopted without interrupting the path of growth

  20. Methodology for reliability, economic and environmental assessment of wave energy

    International Nuclear Information System (INIS)

    Thorpe, T.W.; Muirhead, S.

    1994-01-01

    As part of the Preliminary Actions in Wave Energy R and D for DG XII's Joule programme, methodologies were developed to facilitate assessment of the reliability, economics and environmental impact of wave energy. This paper outlines these methodologies, their limitations and areas requiring further R and D. (author)