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IntroductionWith the much-needed transformation from linear to more circular resource flows, it is imperative for enterprises to understand their financial prospects. Transforming towards Product-as-a-Service (PaaS) with circular elements introduces new considerations that must be addressed to ensure profitability and sustainability. However, there is a lack of comprehensive financial assessments based on empirical cases to guide companies in assessing the lucrativeness of their transformations. This paper addresses this gap by proposing a simple-to-use and flexible financial assessment model for PaaS, helping practitioners identify the conditions necessary for financial viability from both provider and user perspectives.MethodsGrounded in transdisciplinary research, this study focuses on a construction machine manufacturer's transformation from a traditional one-off sales business model to PaaS. The transformation is analysed through the development of a life cycle costing financial assessment model that addresses relevant cost drivers.ResultsUsing discounting methods, the model can help practitioners generate scenarios to identify feasible solutions for profitable PaaS setups. Additionally, the paper presents an analytical procedure to identify conditions for a financially viable PaaS. The procedure includes scenario-based analysis that accounts for systemic changes often necessary for successfully realising PaaS.DiscussionBy following the proposed procedure, along with the financial assessment model, manufacturers can streamline their financial assessments to identify necessary changes. For the analysed case company, the modelling results indicate that it must redesign its products for PaaS to outperform its previous business model.

Abstract Day-ahead forecasts of direct normal irradiance (DNI) from the Integrated Forecasting System (IFS), the global model of the European Centre for Medium-Range Weather Forecasts (ECMWF), are used to simulate a concentrating solar power (CSP) plant through the System Advisor Model (SAM) to assess the potential value of the IFS in the electricity market. Although DNI forecasting from the IFS still demands advances towards cloud and aerosol representation, present results show substantial improvements with the new operational radiative scheme ecRad (cycle 43R3). A relative difference of approximately 0.12% for the total annual energy availability is found between forecasts and local measurements, while approximately 10.6% is obtained for the previous version. Results of electric energy injection to the grid from a simulated linear focus parabolic-trough system shows correlations coefficients of approximately 0.87 between hourly values of electric energy based on forecasted and measured DNI, while 0.92 are obtained for the daily values. In the context of control strategy, four operational strategies are given for different weather scenarios to handle the energy management of a CSP plant, including the effect of thermal energy storage capacity. Charge and discharge operational strategies are applied accordingly to the predicted energy availability.

A transition from fossil to renewable energy requires the development of sustainable electric energy storage systems capable to accommodate an increasing amount of energy, at larger power and for a longer time. Flow batteries are seen as one promising technology to face this challenge. As different innovations in this field of technology are still under development, reproducible, comparable and verifiable life cycle assessment studies are crucial to providing clear evidence on the sustainability of different flow battery systems. Based on a review of 20 relevant life cycle assessment studies for different flow battery systems, published between 1999 and 2021, this contribution explored relevant methodological choices regarding the sequence of phases defined in the ISO 14,040 series: goal and scope definition, inventory analysis, impact assessment and interpretation. Inspired by good practice examples, common gaps and weaknesses were identified and recommendations for comparative life cycle assessment studies were derived. This includes suggestions for an expanded functional unit definition, a provision of more detailed and transparent reporting of LCI data while using input/output tables. Outcomes of this study are also of relevance for the amendment of the Batteries Directive 2006/66/EC, where first drafts are under revision in the European Council, including the introduction of a battery passport, which should encourage battery producers to reduce their carbon footprint and avoid problematic materials.

AbstractThe planetary boundary framework constitutes an opportunity for decision makers to define climate policy through the lens of adaptive governance. Here, we use the DICE model to analyze the set of adaptive climate policies that comply with the two planetary boundaries related to climate change: (1) staying below a CO2 concentration of 550 ppm until 2100 and (2) returning to 350 ppm in 2100. Our results enable decision makers to assess the following milestones: (1) a minimum of 33% reduction of CO2 emissions by 2055 in order to stay below 550 ppm by 2100 (this milestone goes up to 46% in the case of delayed policies); and (2) carbon neutrality and the effective implementation of innovative geoengineering technologies (10% negative emissions) before 2060 in order to return to 350 ppm in 2100, under the assumption of getting out of the baseline scenario without delay. Finally, we emphasize the need to use adaptive path-based approach instead of single point target for climate policy design.

The research focus has shifted towards lightweight structures with high energy absorption capabilities due to advancements in automotive safety technology. This study specifically investigates the impact of cross-sectional area on the energy absorption characteristics of hemispherical composite shells. The experimental phase involves characterizing a glass fiber epoxy composite, followed by the manufacture of hemispherical composite shell specimens with varying cross-sectional areas. These specimens undergo quasi-static axial compressive loading, and the energy absorption parameters are analyzed. The results indicate a significant influence of the composite cross-sectional area on the crushing behavior of hemispherical shells, with a observed decrease in specific energy absorption as the cross-sectional area increases. Additionally, a 3D Finite Element (FE) model is created using ABAQUS FE code to numerically simulate the crushing process. The model's predictions are compared and validated against experimentally measured values, demonstrating a satisfactory correlation.

In recent years, the accelerating climate change and intensifying natural disasters have called for more renewable, resilient, and reliable energy from more distributed sources to more diversified consumers, resulting in a pressing need for advanced situational awareness of modern smart distribution systems [...]

The phenomena of climate change transcend all national and regional boundaries. To address this complex challenge, we must determine the areas of the country of interest, in this case, Greece, that have been most adversely affected by climate. Greece is surrounded by water, and a significant part of its GDP is derived from the marine and maritime industries, including tourism. Since the start of the IntelComp project, a Preparatory Living Lab (PLL) has been planned and delivered, feeding into the development of the IntelComp platform and the Living Lab on Climate Change Adaptation. The study's results lead to the conclusion that one of the most important challenges in tackling climate change is the decarbonisation challenge, specifically the shift to renewable energy sources and the investments that must be made. Several EU and national policy frameworks, including the European Green Deal, the Climate Law, the National Long-term Strategy for 2050 (on the Climate and Energy), highlight the decarbonisation as one of the major challenges in the climate change pledge. This will be the primary subject of the IntelComp climate change case study. PLLs also led to the identification of policy questions and useful data sources to aid the IntelComp project's launch. While previous research on co-production has primarily focused on involving citizens through public participation processes in order to gain their support, trust, and insights in structured decision-making processes, our approach opens a new channel for incorporating external knowledge into problem-solving processes. The IntelComp project will aid in policy development by providing pertinent tools co-developed with the final users that will provide insights and analysis in the field of STI (Science, Technology, Innovation) encompassing all of the Energy areas mentioned above.