Strategic Priorities of Sustainable Energy Development

Golušin, Mirjana; Dodić, Siniša; Popov, Stevan

doi:10.1016/b978-0-12-415978-5.00007-2

Cited by 9 publications

(4 citation statements)

References 18 publications

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“…The unit root test analyzes the time trend in the data because the presence of time trend or unit root can cause serious issues like spurious results, t‐ratio will not follow a t‐distribution. The study used LLC (Levin, Lin, & Chu, 2002), IPS (Im et al, 2003), Breitung's Test, ADF Fisher unit root tests. Different unit‐roots are applied to confirm the results and for the robustness of the results.…”

Section: Model Specificationmentioning

confidence: 99%

“…Energy efficiency is the fraction of the total energy supplied to a machine or system consumed during useful work and not wasted as waste heat or otherwise. Today, energy efficiency is considered an energy resource worldwide because it can provide energy and demand savings that can displace electricity generation from primary energy sources (Golušin et al, 2013). Leading energy efficiency indicators, according to IEA are manufacturing energy intensity, passenger transport energy intensity, residential energy intensity, and service energy intensity.…”

Section: Introductionmentioning

confidence: 99%

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Role of fiscal policy in energy efficiency and CO₂ emission nexus: An investigation of belt and road region

Akbar

Yuelan

Zia

et al. 2021

Journal of Public Affairs

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Belt and road initiative (BRI) contains the transport, construction, and energy-related projects to push the wheel of economic development of BRI's participant at the cost of ecological consequences. These sectors are highly energy-intensive and upsurge the CO 2 emission. Energy efficiency and renewable energy are considered two essential solutions to control CO 2 emissions. Energy efficiency is proficient in yielding energy and demand savings that can relocate the electricity generation from primary energy resources, that is why, nowadays, energy efficiency is considered as an energy resource worldwide. Fiscal policy is a vital policy tool regarding energy policies related to production, growth, distribution, and energy consumption. Therefore, this study investigates the relationship between energy efficiency and CO 2 emission in light of the fiscal policy index for BRI countries. The results infer that energy efficiency and fiscal policy deteriorate the CO 2 emission. On the other side, FDI and GDP will lead to an increase in CO 2 emission. This study provides useful insights for policymakers on how to take preventive and remedial measures to reduce CO 2 emissions in different sectors and demonstrated that technology in the energy sector could help to mitigate climate change through energy efficiency. Furthermore, future research can be carried out on how digitalization, energy efficiency monitoring processes, and management process can help to mitigate.

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Section: Model Specificationmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Role of fiscal policy in energy efficiency and CO₂ emission nexus: An investigation of belt and road region

Akbar

Yuelan

Zia

et al. 2021

Journal of Public Affairs

View full text Add to dashboard Cite

show abstract

“…The use of biomass in CHP plants is one of the best options for simultaneously increasing the bioenergy utilization and significantly reducing emissions. Renewable energy sources, mainly biomass, already account for 13 % of all fuel inputs to CHP in the older member states in the European Union, such as Denmark [9]. Furthermore, CHP systems are more efficient compared to conventional plants due to their effective use of otherwise wasted thermal energy [10].…”

Section: Introductionmentioning

confidence: 99%

Simulation of an Integrated Anaerobic Digestion and Combined Heat and Power System for Food Waste Utilization

2022

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Demand for renewable energy such as biogas is increasing because it is considered a clean and environmentally friendly source of energy and has the potential for minimizing carbon emissions. Biogas production through anaerobic digestion (AD) of organic materials is considered one of the most sustainable ways. It can be utilized directly or indirectly to generate heat, electricity, or mechanical energy for transportation. One of the most effective ways to use biogas is the combined heat and power (CHP) system, especially in combination with simulation software to facilitate the whole process without an actual experimental setup, easing the evaluation and analysis process. This study aims to develop an integrated model of AD for biogas production from food waste and CHP plants, through simulation using Aspen Plus software. The simulated results show that the developed process model can predict the heat and power produced from food waste feedstock.

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“…According to recent estimates, there has been a 2.8% growth in power demand annually. The present conventional energy sources on its own cannot take care of such an ever‐increasing energy demand . Due to insufficient power generating sources, the overall cost of electricity is increasing day‐by‐day.…”

Section: Introductionmentioning

confidence: 99%

A novel methodology for scrutiny of autonomous hybrid renewable energy system

2017

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Summary The optimal design of a hybrid system with different configurations including renewable generation is presented in this paper. A novel multi‐objective function consisting of 6 different objectives of hybrid system is reported using GA, PSO, and TLBO to decide the optimal configurations of parameters. The technical (loss of power supply probability, renewable factor), economical (cost of energy, penalty and fuel consumption), and social (job creation, human development index, and particular matter) features are investigated as objectives simultaneously for optimal design of hybrid system. The different objective indices namely cost of energy, loss of power supply probability, particular matter, human development index, job creation, and renewable factor indices are considered. The newly invented particular matter factor for design consideration of hybrid system directly shows the human health impacts, while pollutant emission is measured in the hybrid system design. The optimum values of objective indices are decided on the basis of the minimum value of multi‐objective function. The distinct cases from I to VI of hybrid system are examined for optimal configuration including different combinations of PV, wind, biomass, diesel generator, and battery bank. The resulting analysis of each case reveals that the performance of TLBO is better than PSO, and PSO is better than GA in all respect through new multi‐objective function and found case I is more efficient solution.

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Strategic Priorities of Sustainable Energy Development

Cited by 9 publications

References 18 publications

Role of fiscal policy in energy efficiency and CO₂ emission nexus: An investigation of belt and road region

Role of fiscal policy in energy efficiency and CO₂ emission nexus: An investigation of belt and road region

Simulation of an Integrated Anaerobic Digestion and Combined Heat and Power System for Food Waste Utilization

A novel methodology for scrutiny of autonomous hybrid renewable energy system

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Strategic Priorities of Sustainable Energy Development

Cited by 9 publications

References 18 publications

Role of fiscal policy in energy efficiency and CO2 emission nexus: An investigation of belt and road region

Role of fiscal policy in energy efficiency and CO2 emission nexus: An investigation of belt and road region

Simulation of an Integrated Anaerobic Digestion and Combined Heat and Power System for Food Waste Utilization

A novel methodology for scrutiny of autonomous hybrid renewable energy system

Contact Info

Product

Resources

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Role of fiscal policy in energy efficiency and CO₂ emission nexus: An investigation of belt and road region

Role of fiscal policy in energy efficiency and CO₂ emission nexus: An investigation of belt and road region