The electricity sector in Korea is facing complex sustainability issues with recent government energy policy reprioritizing social and environmental concerns over economics. As a response, we developed a multi-criteria decision making (MCDM) model linked to an energy-system model to assess the sustainability of different policy scenarios in the Korean electricity sector. Our analysis shows that, while

Reliable and stable power system operation requires flexibility, in addition to capacity adequacy. Traditional system components either have limited flexibility to suppress extensive system variation, or their role is limited due to lack of proper regulatory provisions and inefficient market design. Large-scale integration of renewable energy (RE) resources (e.g., solar, wind) imposes additional variability

Access to modern energy services including electricity is fundamental to fulfilling basic social needs, driving economic growth and fueling human development, hence, the pathway out of poverty to prosperity. This study examined the impact of income level, inequality in the distribution of income and the control of corruption on access to electricity from 1990-2017 in South Africa, using Bayesian and

The anthropogenic impact of conventional energy sources encourages the utilization of renewable energy, as it has become a strategic commodity for economic growth. On the other hand, institutional stability is the pre-requisite without which environmental quality cannot be assured and the economy cannot function. However, in recent literature, very little consideration has been given to this important

The solar photovoltaic (PV) technology has gained global importance to overcome the global warming and meet future energy needs. The performance of a solar PV plant depends on many factors such as solar irradiance, weather conditions, various types of energy losses and system degradation over time. Although the deterministic models nicely predict the PV performance at a single instant in time, however

Renewable energy resource assessment critical input to national development planning. This paper analyses a multi-criteria decision support system to estimate wind energy resources in central Iran. The Multi-Criteria Decision Making (MCDM) method and site selection criterion for wind resource assessment using ArcGIS are described and developed for the study area. Structural, topographical, and ecological

Both carbon tax and cap-and-trade systems are widely applied to reduce emission. This article compares the clean innovation effects of carbon tax with cap-and-trade systems by a static optimal model. Firstly, both cap-and-trade system and carbon tax stimulates clean innovation and reduce emission. Secondly, cap-and-trade system is more efficient to reduce emission and to promote clean innovation than

We describe a new approach for analyzing the socio-economic impacts of a low carbon transition. It consists in feeding a traditional macroeconomic model of a national economy, namely Belgium, with the results of a participative modelling exercise based on a prospective energy accounting model, the so-called Calculator. While contributing to overcoming important economic modelling barriers, this approach

Over the past several decades, sustained economic growth has led to a surge in energy consumption in Northeast Asia, most notably, in China, Japan and South Korea. However, domestic supply has failed to meet the demand in energy, leading to two related outcomes: First, the widening gap between production and consumption has led to dependency on external sources of energy. Second, it has forced the

Cement industry is one of the most energy intensive industrial sub-sectors. It accounts for almost 15% of the total energy consumed by manufacturing. Numerous energy efficiency initiatives and measures have been introduced and employed in this industry. To implement the most appropriate solutions for a certain cement plant, both technological and non-technological constraints need to be considered

In this study, a hybrid stochastic model (BScA model) using Bayesian approach and scenario analysis to forecast long term energy demand is developed. The main objective of this study is to design and develop a model for energy analysis in demand side and describe the energy saving and GHG reduction potential on the other. For this, total energy demand is selected as the response variable and primary

This research explores the feasibility of 100% renewable energy (RE) systems for the Middle East and North Africa (MENA) region for assumptions of the year 2030. The demand for three sectors are taken into account: power, non-energetic industrial gas and seawater desalination. Three strategical scenarios are discussed, namely Region, Area and Integrated, mainly differing in level of regional grid interconnection

We explore the relationship between economic growth and energy consumption using regional level data for 2004–2014 period. Data on electricity consumption for regional distributional areas cannot be used with the economic data for county/regional level since the borders of regional electricity distributional areas do not correspond to administrative NUTS-3 borders. We use a proprietary dataset of actual

Meeting the European Union's natural gas demand will require increasing volumes of imports in the foreseeable future. Recognizing the need to ensure uninterrupted and secure supplies of natural gas imports at all times, the European Union (EU) has actively sought to diversify its sources of supply, including obtaining natural gas from Azerbaijan through the Southern Gas Corridor (SGC). In pursuit of

This paper explores the relationship among resource complementarity, diversification and strategic investment in a power market with two energy sources: water and wind. A review of diversification studies shows that the strategic aspects of investment, which arise from the oligopolistic structure of power markets, are often overlooked. Similarly, studies of strategic investment usually focus on price

The flexible use of energy is seen as a key option to facilitate the integration of volatile renewable energy sources (RES) into the electricity sector. In this study, we focus on flexibility in the service sector, in terms of flexible technologies, experiences and willingness to participate in demand response (DR) actions. We analyse the technically possible future deployment of flexibility, the practically

An energy system transition in the European Union is required to meet the decarbonisation targets determined in the Paris Agreement. To realise this transition, a reduction in greenhouse gas emissions of at least 80% from 1990 levels by 2050 is required. However, ambitions are being raised towards carbon neutrality. Such transition will likely imply deep changes across all sectors of the EU economies