• Energy Research
• 2021-2025close
• 12. Responsible consumption close
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Decarbonizing the building sector is extremely important to mitigating climate change as the sector contributes 40% of the overall energy consumption and 36% of the total greenhouse gas emissions in the world. Net-zero energy buildings are one of the promising decarbonization attempts due to their potential of decreasing the use of energy and increasing the total share of renewable energy. To achieve a net-zero energy building, it is necessary to decrease the energy demand by applying efficiency enhancement measures and using renewable energy sources. Net-zero energy buildings can be classified into four models (Net-Zero Site Energy buildings, Net-Zero Emissions buildings, Net-Zero Source Energy buildings, and Net-Zero Cost Energy buildings). A variety of technical, financial, and environmental factors should be considered during the decision-making process of net-zero energy building development, justifying the use of multi-criteria decision analysis methods for the design of net-zero energy buildings. This paper also discussed the contributions of renewable energy generation (hydropower, wind energy, solar, heat pumps, and bioenergy) to the development of net-zero energy buildings and reviewed its role in tackling the decarbonization challenge. Cost-benefit analysis and life cycle assessment of building designs were reviewed to shape the priorities of future development. It is important to develop a universal decision instrument for optimum design and operation of net-zero energy buildings.

Abstract The main hindrances to the large-scale development of renewable-energy projects are the lack of bankability and the inability to align investments and investors with suitable financial instruments or robust policy measures. To illustrate a bankable project, this paper presents a research-based case study on the installation of solar photovoltaic panels on the rooftops of 195 trains of the Indian Railways. Detailed information on the annual running hours, exposure to sunlight, efficiency of solar photovoltaic generation and electrical power demands of each rail coach is considered to conduct a quantitative measure of the tentative amount of fossil fuel savings. The purpose is to provide insight into the types of renewable-energy projects that can be highly attractive to financial institutions and promoters due to their lucrative internal return on investment. As seen in this case study, there are annual savings in diesel of 12 323 088 litres and a CO2 reduction of 32 755 tonnes, with return on investment of 1.3 years. Furthermore, this study conducts a comprehensive analysis of the limitations of existing renewable-energy project financing mechanisms in India. Subsequently, three policy measures are recommended to develop a robust financial mechanism that can effectively meet the needs of investors and investors. These measures include increasing equity injection through a buy-and-hold strategy, providing direct tax benefits to promoters and financing through real-estate investment trusts. The findings are highly relevant to address the challenges associated with bridging the financial gap between access to finance and capital investment in the renewable-energy sector, especially for Asian countries.

With the aim to fully exploit the by-products obtained after the industrial extraction of starch from sweet potatoes, a cascading approach was developed to extract high-value molecules, such as proteins and pectins, and to valorize the solid fraction, rich in starch and fibrous components. This fraction was used to prepare new biocomposites designed for food packaging applications. The sweet potato residue was added to poly(3-hydroxybutyrate-co-3-hydroxyvalerate) in various amounts up to 40 wt % by melt mixing, without any previous treatment. The composites are semicrystalline materials, characterized by thermal stability up to 260 °C. For the composites containing up to 10 wt % of residue, the tensile strength remains over 30 MPa and the strain stays over 3.2%. A homogeneous dispersion of the sweet potato waste into the bio-polymeric matrix was achieved but, despite the presence of hydrogen bond interactions between the components, a poor interfacial adhesion was detected. Considering the significant percentage of sweet potato waste used, the biocomposites obtained show a low economic and environmental impact, resulting in an interesting bio-alternative to the materials commonly used in the packaging industry. Thus, according to the principles of a circular economy, the preparation of the biocomposites closes the loop of the complete valorization of sweet potato products and by-products.

The Houston-Dallas (I-45) corridor is the busiest route among 18 traffic corridors in Texas, USA. The expected population growth and the surge in passenger mobility may result in a significant impact on the regional environment. This study uses a life cycle framework to predict and evaluate the net changes of environmental impact associated with the potential development of a high-speed rail (HSR) System along the I-45 corridor through its life cycle. The environmental impact is estimated in terms of CO2 and greenhouse gas (GHG) emissions per vehicle/passenger-kilometers traveled (V/PKT) using life cycle assessment. The analyses are performed referring to the Ecoinvent 3.4 inventory database through the phases: material extraction and processing, infrastructure construction, vehicle manufacturing, system operation, and end of life. The environmental benefit is evaluated by comparing the potential development of the HSR system with those of the existing transportation systems. The vehicle component, especially operation and maintenance of vehicles, is the primary contributor to the total global warming potential with about 93% of the life cycle GHG emissions. For the infrastructure component, 56.76% of GHG emissions result from the material extraction and processing phase (23.75 kgCO2eq/VKT). Various life cycle emissions of HSR except PM are significantly lower than for passenger cars.

The present study is motivated by the need to decouple economic growth from environmental degradation given the new wave of chase for higher economic growth trajectories comes with its environmental cost implications, especially among developing blocs like the Emerging 7 (E7) countries. There is a consistent trade-off between economic growth versus environmental quality. Government apparatus are perpetually on the chase for low-carbon emission policies via the pursuit for green economy. To this end, this present study extends the conventional environmental Kuznets curve (EKC) argument by incorporating the role of institution in emerging industrialized economies (E7) and using second-generation panel analysis methods like mean group (MG), augmented mean group (AMG), common correlated effects mean group (CCEMG), and the Dumitrescu and Hurlin causality test for more robust estimates and inferences. To this end, we explore the long-run and causality relationship between economic growth, quadratic form of economic growth, institutional quality, trade flow, investment in energy sector, and financial development in an EKC environment. Empirical analysis established a long-run equilibrium relationship among the outlined variables over the study period. The long-run regression shows the presence of EKC in the E7. Thus, suggesting the preference for GDP growth over environmental quality at the earlier stage of growth curve. Interestingly, investment in energy, trade flow dynamics across the blocs, and financial development dampens the detrimental effect of environmental pollution as we observed negative relationship with the ecological footprint. On the contrary, quality of institution is weak as institutional quality increase (worsen) the quality of environment in the E7 economies. From a policy perspective, this current study proposed the need for more stringent environmental treaties and regulations and promotion of green economy without compromising economic growth. In the conclusion part of the study, more details and specifics about the policy blueprint are presented.

Global fossil fuel reserves are declining due to differential uses, especially for power generation. Everybody can help to do their bit for the environment by using solar energy. Geographically, Bangladesh is a potential zone for harnessing solar energy. In March 2021, the renewable generation capacity in Bangladesh amounted to 722.592 MW, including 67.6% from solar, 31.84% from hydro, and 0.55% from other energy sources, including wind, biogas, and biomass, where 488.662 MW of power originated from over 6 million installed solar power systems. Concurrently, over 42% of rural people still suffer from a lack of electricity, where solar energy can play a vital role. This paper highlights the present status of various forms of solar energy progress in Bangladesh, such as solar parks, solar rooftops, solar irrigation, solar charging stations, solar home systems, solar-powered telecoms, solar street lights, and solar drinking water, which can be viable alternative sources of energy. This review will help decision-makers and investors realize Bangladesh’s up-to-date solar energy scenario and plan better for the development of a sustainable society.

Abstract Kenya has made considerable policy efforts to expand its renewable energy portfolio to meet energy demand and mitigate greenhouse gas (GHG) emissions. Development of proper policies requires a robust framework for analyzing the benefits of renewable energy investments. Towards this end, this study applied a choice experiment analysis to determine how attributes (type of energy, ownership, impact on environment, distance and visibility, community job creation, and yearly renewable energy tax) impact the public willingness to pay for renewable energy development in Kenya. A nationwide survey of 1020 households was conducted in nine counties using conditional logit (MNL) and random parameter logit (RPL) frameworks. The results reveal that the Kenyan public places a high value on environmental impact, followed by type of renewable energy and community job creation, respectively. On the other hand, respondents do not place much emphasis on ownership or distance and visibility. Policy simulation suggests that while renewable energy adoption is highly valued by households, the total willingness to pay is not enough to cover the higher capital cost for the development of various renewable energy technologies.

The failure to fully internalize externalities from production and consumption, including on future generations, is supposed to be at the core of the perceived failure to ensure (ecological) sustainability within the realm of antitrust enforcement. While some argue that sustainability should constitute a goal in itself that must be balanced against economic efficiency in antitrust analysis, we instead want to explore whether and how sustainability can be incorporated into a consumer welfare approach. We make a key distinction between what we term an individualistic and a collective consumer welfare analysis. Within an individualistic consumer welfare analysis, consumers’ willingness-to-pay is measured ceteris paribus, holding other consumers’ choices fixed. In a collective consumer welfare analysis, consumers may express their willingness-to-pay also for the choices of others and, thereby, also for the reduction of externalities on themselves. Borrowing from environmental and resource economics, we also discuss more indirect ways of incorporating such externalities. And we critically assess the possibility of ‘laundering’ consumers’ sustainability preferences in the light of supposed biases and cognitive limitations. Finally, we relate our analysis to the Draft Horizontal Guidelines of the European Commission, published in March 2022. antitrust, consumer welfare, conjoint analysis, contingent valuation, Draft EU Horizontal Guidelines, environmental economics, externalities, laundering preferences, sustainability, willingness-to-pay