Renewable Energy Policies in the Gulf countries: A case study of the carbon-neutral “Masdar City” in Abu Dhabi

Reiche, Danyel

doi:10.1016/j.enpol.2009.09.028

Cited by 155 publications

(75 citation statements)

References 2 publications

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“…On the technology front, it would have an existing or planned smart grid deployment and a technologically savvy population. Sgouridis and Kennedy (2010) developed the Ergo concept for application to the Masdar City -a mid-size development aspiring to be net zero carbon near Abu Dhabi (Reiche, 2010). Communities like Zug in Switzerland are engaging in a fundamental debate on whether to strive toward creating a 2000-W society (Marechal et al, 2005).…”

Section: Defusing the Energy Trap: Energy Currencies And The Sustainamentioning

confidence: 99%

Defusing the Energy Trap: The Potential of Energy-Denominated Currencies to Facilitate a Sustainable Energy Transition

Sgouridis¹

2014

Front. Energy Res.

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The universal adoption of fiat currencies and of the fractional reserve banking system coincided with access to and ability to utilize energy-dense fossil fuels leading to unprecedented rates of economic expansion.The depletion of economically recoverable fossil fuels though sets the stage for systemic crises as it is not adequately priced in the current market system. An energy-based system of exchange can be adopted in parallel to or in place of fiat currencies in order to facilitate a sustainable energy transition (SET) and mitigate the impacts of such crises. Energy-backed and energy-referenced currencies are discussed as two possible variants for their ability to realign the economic system to the thermodynamic limits of the physical world.The primary advantage of an energy-referenced currency over the current mechanisms for SET (like feed-in-tariffs or carbon taxes) is realized with the decoupling of the monetary and credit functions, especially when debt is tied to future energy availability.While energy-backed (credit) systems can be easier to adopt on a regional scale, the full transition to an energy-reference currency system requires significant reform of the financial and monetary system although it would not radically disrupt the current economic valuations given the high degree of correlation between value and embodied energy.

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Section: Defusing the Energy Trap: Energy Currencies And The Sustainamentioning

confidence: 99%

Defusing the Energy Trap: The Potential of Energy-Denominated Currencies to Facilitate a Sustainable Energy Transition

Sgouridis¹

2014

Front. Energy Res.

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“…The most notable project among these is Masdar City. Although the concept is not new, Masdar City is planned to be a carbon-neutral, zero-waste city with the aim of being one of the world's most sustainable urban development powered by renewable energy [27]. This huge project incorporates various sustainability techniques and renewable energy technologies.…”

Section: Initiatives To Utilised Renewable Energymentioning

confidence: 99%

“…Published online 27 This book is intended to introduce the reader to examples of the range of practical problems posed by "Global Warming". It includes 11 chapters split into 5 sections.…”

Section: Publisher Sciyomentioning

confidence: 99%

On the Effect of Global Warming and the UAE Built Environment

Radhi¹

2010

Global Warming

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“…However, the GCC as a cohesive trade group has always acted concertedly in climate change negotiations and policies. The action of a single member country may derail or delay the decision-making process (Reiche, 2010). To date there has been lack of consistent and coherent policies and strategies across the GCC member states with respect to energy conservation, development of renewable energies and emission reductions.…”

Section: Introductionmentioning

confidence: 99%

“…To date there has been lack of consistent and coherent policies and strategies across the GCC member states with respect to energy conservation, development of renewable energies and emission reductions. While no GCC country to date has a consistent national policy to deal with energy efficiency and renewable energy development, all GCC member states have created administrative capacities to address climate change issues (Reiche, 2010). Given increasing global concerns on climate change, it can be expected that the GCC member states will inevitably embark on promoting energy efficiency, emis-sion reductions and renewable energies in the near future.…”

Section: Introductionmentioning

confidence: 99%

Analyzing Long-run Relationship between Energy Consumption and Economic Growth in the Kingdom of Bahrain

Naser

2017

E3S Web Conf.

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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.

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Renewable Energy Policies in the Gulf countries: A case study of the carbon-neutral “Masdar City” in Abu Dhabi

Cited by 155 publications

References 2 publications

Defusing the Energy Trap: The Potential of Energy-Denominated Currencies to Facilitate a Sustainable Energy Transition

Defusing the Energy Trap: The Potential of Energy-Denominated Currencies to Facilitate a Sustainable Energy Transition

On the Effect of Global Warming and the UAE Built Environment

Analyzing Long-run Relationship between Energy Consumption and Economic Growth in the Kingdom of Bahrain

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