• Energy Research
• engineering and technology close
• 8. Economic growth close
• CN close
• GB close
• AU close
• DE close

In this study, we investigated the influence of overall financial development and its components on energy consumption using the panel data of 120 countries and the generalized method of moments (GMM). By dividing the sample into developed and developing countries, we further examined the national differences of the impact of financial development on energy consumption. The empirical results indicate that the overall financial development significantly positively impacts energy consumption from a worldwide perspective, and its two components (financial institution and the financial market) have the same effect. The analysis of national differences indicates that the financial development also positively impacts energy consumption in developing countries but with no obvious effect in developed countries. The results also suggest that financial development cannot be used to restrain the increase in energy consumption from the global perspective, and policymakers in developing countries must balance the relationship between the development of the financial sector and energy consumption.

As a relatively mature technology, biomass molded fuel (BMF) is widely used in distributed and centralized heating in China and has received considerable government attention. Although many BFM incentive policies have been developed, decreased domestic traditional fuel prices in China have caused BMF to lose its economic viability and new policy recommendations are needed to stimulate this industry. The present study built a regionalized net present value (NPV) model based on real production process simulation to test the impacts of each policy factor. The calculations showed that BMF production costs vary remarkably between regions, with the cost of agricultural briquette fuel (ABF) ranging from 86 US dollar per metric ton (USD/t) to 110 (USD/t), while that of woody pellet fuel (WPF) varies from 122 USD/t to 154 USD/t. The largest part of BMF’s cost composition is feedstock, which accounts for up 50%–60% of the total; accordingly a feedstock subsidy is the most effective policy factor, but in consideration of policy implementation, it would be better to use a production subsidy. For ABF, the optimal product subsidy varies from 26 USD/t to 57 USD/t among different regions of China, while for WPF, the range is 36 USD/t to 75 USD/t. Based on the data, a regional BMF development strategy is also proposed in this study.

This study aims to explore the application of fractional order chaotic system (FOCS), based on the T-S fuzzy model, in the design of secure communication (SC) and this SC system’s role in the construction of efficiency evaluation system for dispatching operation of energy saving and power generation under a low carbon economy (LCE). First, the definition of fractional order differential equations and the stability theory of FOCS are discussed. T-S fuzzy control is introduced to analyse the stability of FOCS. Then, based on the adaptive synchronisation theory, the combined FOCS is designed for SC, and the performance of the system constructed here is analysed in a MATLAB environment. Next, an evaluation index system of the dispatching operation effect of energy saving and power generation under LCE is constructed. The confidential communication system constructed here is used to transmit the index data. The particle swarm optimisation (PSO) algorithm is then used to optimise the back propagation neural network (BPNN) model. The BPNN algorithm based on PSO (PSO-BPNN) is obtained, and the evaluation model is constructed. After training this model, it is applied to the evaluation of the dispatching operation effect for energy saving and power generation in 10 provinces in China. The simulation results show that the FOCS based on the T-S fuzzy model can acquire the criterion of system stability. Furthermore, the constructed SC system can effectively undertake the secure transmission of square and sine waves. The performance of the PSO-BPNN model seems to be better than other algorithms. After analysing the data on energy saving and power generation from 10 provinces in China using this model, the comprehensive evaluation value of province 5 is found to be the highest and good (0.802), while that of province 4 is the lowest and general (0.600). Summarising, the FOCS based on T-S fuzzy model constructed here is applied to the design of SC. This can improve the confidentiality of data transmission and reduce the transmission error. Moreover, the BPNN evaluation model based on PSO can effectively achieve the evaluation of the dispatching operation effect of energy saving and power generation under LCE.

Abstract The Chinese government has taken measures to realize energy-savings and emission reductions, such as promoting innovations, adjusting the industrial structure, balancing regional development, and reforming markets. The aim of this paper is to assess the effects of these measures on China's CO2 emissions by using a newly proposed decomposition approach, which identified eight new factors related to the above realistic measures, i.e., energy saving and production technologies, industrial energy and production efficiencies, regional energy and production efficiencies, and pure energy and production efficiencies. The main findings indicate benefits from considerable technological progress in energy-saving and production during 2000–2016 period, and two technological factors contributed the most to emissions abatement and cumulatively reduced 5372.43 Mt and 1291.72 Mt CO2 emissions. The efforts of industrial restructuring promoted energy and production efficiency improvement, which further facilitated emission reduction. In contrast, the pure energy and production efficiency changes cumulatively led to 1080.26 Mt and 1135.85 Mt CO2 emissions growth during the whole sample period, suggesting that severe resource misallocation problems may exist in both the energy market and output market. Additionally, the Chinese government failed to narrow the technology gap between developed regions and underdeveloped regions, further restricting emission reduction.

Recent changes to the electric power industry through deregulation and restructuring have had a considerable effect on power engineering education internationally. A number of Australian universities have also noticed a decline in the number of students interested in power engineering subjects, leading to the fewer graduates with power engineering knowledge. With a reduction in graduates and a perception of an ageing workforce a shortage of suitably qualified power engineers for industry may be imminent. This paper provides discussion on the current status of university power engineering education within Australia and includes results from a recent Australia-wide survey of the university and industry sectors of electric power engineering.

The increasing depletion of natural resources, combined with a wider set of pressures on the environment, has, in recent years, highlighted the need for a more efficient use of energy and a development process that involves alternative energy sources. Energy efficiency has received much attention as a solution, implying both monetary and emissions savings. However, the latter may be partially offset by the income and demand effects of the former, both in more efficient sectors and in spreading to the wider economy. This is the problem of rebound effects. Taking Spain as a case study, and introducing an energy-related CGE model that develops the inclusion of renewables, this paper evaluates a combination of efficiency initiatives to deliver both reduced energy use by households and a more sustainable supply of energy. Our findings suggest that a package aimed at improving efficiency in household electricity and petroleum use, combined with a more competitive supply of energy from renewable sources, may be the only way to get reductions in all energy use, and thus benefit the economy. Specifically, we consider how this package may lead to positive economic impacts and associated rebound effects, where the latter are focused on a greener energy supply.

We researched China's climate and sustainable development goal with relevant and susceptible instruments capable of inducing and mitigating carbon emissions. Amidst the contributor to the global carbon emissions, China is caught in between mitigating its carbon emission and aiming towards placing its national contribution of emissions to the acceptable levels of 1.5 °C and below 2 °C. Following the intricacies surrounding China's sustainable development as it contains its economic and environmental performance, we adopt China's data of 1980 and 2018 with different scientific approaches (nonlinear autoregressive distributed lag (NARDL), dynamic ordinary least square test, and bootstrap Granger causality) with different instruments (such as economic growth, financial development, renewable energy, and innovation policies) to research China's sustainable development. For clear exposition and insight into our findings with policies attached, we draw a conclusion from the outcomes of the mentioned approaches. From NARDL and dynamic ordinary least squares (DOLS), we find that economic growth through economic activities is statistically significant in determining the trend (increase) of carbon emissions in China in both periods (short run and long run). However, other selected instruments (financial, renewable, and innovation policies) tend towards controlling and moderating the carbon emissions in China. Thus, China has good prospects to mitigate its carbon emissions if considered tailoring its policies towards favorable instruments. From bootstrap Granger causality, we find similar inferential results that support previous findings thereby confirming the positive implication of the selected instruments to China's sustainable development. Hence, the nexus that is established among the selected instruments clearly show the importance of technological innovation and renewable energy in mitigating carbon emissions.

With the fast growth of the global economy, energy supply and demand have a strong impact on social, economic, and environmental aspects. As a consequence, this has pushed the decision-makers to formulate objectives, guiding economic policies toward sustainable goals. The process is known as Sustainable Development Goals (SDGs) that have been proposed by the United Nations. This being said, the energy sector is a vital domain with a vast potential for improvments in terms of technologies and ligistalations. Solar energy is among the most efficient solutions proposed to reduce the economic and environmental footprints of energy. In this frame, the current paper aims to localize solar energy within SDGs and analyze the contribution of the solar energy towards the achievement of the SDGs. Moreover, the current work highlights the contributions of Mohammed bin Rashid Al Maktoum (MBR) Solar Park in the United Arab Emirates to achieving the SDGs. Indeed, the MBR Solar Park concept offers valuable insights of environmental impacts by deploying clean and affordable energy sources in place of conventional fossil fuel power plants that are still heavily used in the region. The MBR Solar Park operation has already mitigated 6.5 million tonnes of carbon dioxide equivalent and this number will likely rise when all phases are installed and operational. Moreover, it has been shown that MBR Solar Park achieve several SDGs such SDG 8: decent work and economic growth, SDG 9: industry, innovation and infrastructure, SDG 11: sustainable cities and communities, and SDG 15: life on land.