Energy efficiency and emission flexibility: Management and economic insights for renewable energy integration
This study suggests a multi-regional power system optimization model to evaluate the impact of various flexibility options on reducing carbon emissions in the Chinese power sector. This model considers factors such as total carbon emissions, peaking timetables and values, carbon emission transfer be...
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| Format: | Article |
| Language: | English |
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Elsevier
2025-01-01
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| Series: | Energy Strategy Reviews |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2211467X24003407 |
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| author | Abid Hussain Alida Huseynova Yegana Hakimova Abdelmohsen A. Nassani Bai Bo |
| author_facet | Abid Hussain Alida Huseynova Yegana Hakimova Abdelmohsen A. Nassani Bai Bo |
| author_sort | Abid Hussain |
| collection | DOAJ |
| description | This study suggests a multi-regional power system optimization model to evaluate the impact of various flexibility options on reducing carbon emissions in the Chinese power sector. This model considers factors such as total carbon emissions, peaking timetables and values, carbon emission transfer between regional power systems, and changes in carbon emission sources between technologies. The findings reveal four primary outcomes: first, renewable energy integration significantly improves energy efficiency across all G7 nations, although the degree of impact varies among them. Second, emission flexibility mechanisms, such as carbon trading and adaptable regulatory policies, have positively influenced emission reductions without compromising economic growth. Third, the interaction between energy efficiency and renewable energy use is shown to be mutually reinforcing, particularly in the countries with high levels of technological innovation. Fourth, energy policy frameworks that adapt to fluctuating grid demands and environmental targets have a measurable effect on reducing greenhouse gas emissions. The results suggest that policy efforts should focus on enhancing adaptive regulatory frameworks and investment in renewable technologies, which are crucial for achieving long-term emission reduction goals while maintaining economic resilience in the G7. |
| format | Article |
| id | doaj-art-758b51fe8048400aadc53c80aef902d3 |
| institution | Kabale University |
| issn | 2211-467X |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Energy Strategy Reviews |
| spelling | doaj-art-758b51fe8048400aadc53c80aef902d32025-01-09T06:13:51ZengElsevierEnergy Strategy Reviews2211-467X2025-01-0157101631Energy efficiency and emission flexibility: Management and economic insights for renewable energy integrationAbid Hussain0Alida Huseynova1Yegana Hakimova2Abdelmohsen A. Nassani3Bai Bo4School of Management, Jiangsu University, Zhenjiang, China; Corresponding author.Department of Finance and Audit, Azerbaijan State University of Economics (UNEC), Baku, AzerbaijanDepartment of Finance and Audit, Azerbaijan State University of Economics (UNEC), Baku, AzerbaijanDepartment of Management, College of Business Administration, King Saud University, P.O. Box 71115, Riyadh, 11587, Saudi ArabiaSchool of Economics and Finance, Shandong University, ChinaThis study suggests a multi-regional power system optimization model to evaluate the impact of various flexibility options on reducing carbon emissions in the Chinese power sector. This model considers factors such as total carbon emissions, peaking timetables and values, carbon emission transfer between regional power systems, and changes in carbon emission sources between technologies. The findings reveal four primary outcomes: first, renewable energy integration significantly improves energy efficiency across all G7 nations, although the degree of impact varies among them. Second, emission flexibility mechanisms, such as carbon trading and adaptable regulatory policies, have positively influenced emission reductions without compromising economic growth. Third, the interaction between energy efficiency and renewable energy use is shown to be mutually reinforcing, particularly in the countries with high levels of technological innovation. Fourth, energy policy frameworks that adapt to fluctuating grid demands and environmental targets have a measurable effect on reducing greenhouse gas emissions. The results suggest that policy efforts should focus on enhancing adaptive regulatory frameworks and investment in renewable technologies, which are crucial for achieving long-term emission reduction goals while maintaining economic resilience in the G7.http://www.sciencedirect.com/science/article/pii/S2211467X24003407Multi-regional power systemCarbon emissions reductionRenewable energy integrationEmission flexibility mechanismsAdaptive energy policy |
| spellingShingle | Abid Hussain Alida Huseynova Yegana Hakimova Abdelmohsen A. Nassani Bai Bo Energy efficiency and emission flexibility: Management and economic insights for renewable energy integration Energy Strategy Reviews Multi-regional power system Carbon emissions reduction Renewable energy integration Emission flexibility mechanisms Adaptive energy policy |
| title | Energy efficiency and emission flexibility: Management and economic insights for renewable energy integration |
| title_full | Energy efficiency and emission flexibility: Management and economic insights for renewable energy integration |
| title_fullStr | Energy efficiency and emission flexibility: Management and economic insights for renewable energy integration |
| title_full_unstemmed | Energy efficiency and emission flexibility: Management and economic insights for renewable energy integration |
| title_short | Energy efficiency and emission flexibility: Management and economic insights for renewable energy integration |
| title_sort | energy efficiency and emission flexibility management and economic insights for renewable energy integration |
| topic | Multi-regional power system Carbon emissions reduction Renewable energy integration Emission flexibility mechanisms Adaptive energy policy |
| url | http://www.sciencedirect.com/science/article/pii/S2211467X24003407 |
| work_keys_str_mv | AT abidhussain energyefficiencyandemissionflexibilitymanagementandeconomicinsightsforrenewableenergyintegration AT alidahuseynova energyefficiencyandemissionflexibilitymanagementandeconomicinsightsforrenewableenergyintegration AT yeganahakimova energyefficiencyandemissionflexibilitymanagementandeconomicinsightsforrenewableenergyintegration AT abdelmohsenanassani energyefficiencyandemissionflexibilitymanagementandeconomicinsightsforrenewableenergyintegration AT baibo energyefficiencyandemissionflexibilitymanagementandeconomicinsightsforrenewableenergyintegration |