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Now showing 1 - 7 of 7
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    Regional income and wave energy deployment in Ireland
    (Oxford : Wiley-Blackwell, 2020) Farrell, Niall; O'Donoghue, Cathal; Morrissey, Karyn
    Alongside environmental benefits, renewable energy deployment is often evaluated on grounds of regional development. Focusing on wave energy deployment in Ireland, this paper quantifies employment-related welfare change net of associated subsidy costs. Although the added employment reduces inter-regional inequality, certain subsidies increase total income inequality by a greater extent. Total inequality increases by 0.25% in the preferred scenario. This pattern of incidence persists under an optimistic scenario where all manufacturing activity is carried out locally. This finding highlights that policies of regional development should consider the spatial distribution of associated subsidy costs.
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    Environmental co-benefits and adverse side-effects of alternative power sector decarbonization strategies
    ([London] : Nature Publishing Group UK, 2019) Luderer, Gunnar; Pehl, Michaja; Arvesen, Anders; Gibon, Thomas; Bodirsky, Benjamin L.; de Boer, Harmen Sytze; Fricko, Oliver; Hejazi, Mohamad; Humpenöder, Florian; Iyer, Gokul; Mima, Silvana; Mouratiadou, Ioanna; Pietzcker, Robert C.; Popp, Alexander; van den Berg, Maarten; van Vuuren, Detlef; Hertwich, Edgar G.
    A rapid and deep decarbonization of power supply worldwide is required to limit global warming to well below 2 °C. Beyond greenhouse gas emissions, the power sector is also responsible for numerous other environmental impacts. Here we combine scenarios from integrated assessment models with a forward-looking life-cycle assessment to explore how alternative technology choices in power sector decarbonization pathways compare in terms of non-climate environmental impacts at the system level. While all decarbonization pathways yield major environmental co-benefits, we find that the scale of co-benefits as well as profiles of adverse side-effects depend strongly on technology choice. Mitigation scenarios focusing on wind and solar power are more effective in reducing human health impacts compared to those with low renewable energy, while inducing a more pronounced shift away from fossil and toward mineral resource depletion. Conversely, non-climate ecosystem damages are highly uncertain but tend to increase, chiefly due to land requirements for bioenergy.
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    Europe’s renewable energy directive poised to harm global forests
    ([London] : Nature Publishing Group UK, 2018) Searchinger, Timothy D.; Beringer, Tim; Holtsmark, Bjart; Kammen, Daniel M.; Lambin, Eric F.; Lucht, Wolfgang; Raven, Peter; van Ypersele, Jean-Pascal
    This comment raises concerns regarding the way in which a new European directive, aimed at reaching higher renewable energy targets, treats wood harvested directly for bioenergy use as a carbon-free fuel. The result could consume quantities of wood equal to all Europe’s wood harvests, greatly increase carbon in the air for decades, and set a dangerous global example.
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    Negative Emission Potential of Direct Air Capture Powered by Renewable Excess Electricity in Europe
    (Hoboken, NJ : Wiley-Blackwell, 2018) Wohland, Jan; Witthaut, Dirk; Schleussner, Carl-Friedrich
    The mitigation of climate change requires fast reductions in greenhouse gas emissions and calls for fundamental transitions of energy systems. In most places, the increased exploitation of variable renewable sources (wind and solar) forms the backbone of these transitions. To remain consistent with the Paris Agreement temperature goals, negative emission technologies will likely be needed to achieve net zero emissions in the second half of the century. In integrated assessment models, negative emissions are typically realized through land-based approaches. However, due to their coarse temporal and spatial resolution, such models might underestimate the potential of decentrally deployable and flexible technologies such as Direct Air Capture (DAC). Based on validated high-resolution power generation time series, we show that DAC can extract CO2 from the atmosphere and facilitate the integration of variable renewables at the same time. It is a promising flexibility provider as it can be ramped within minutes. Our results show that negative emissions of up to 500 Mt CO2/year in Europe may be achievable by using renewable excess energy only. Electricity systems with high shares of volatile renewables will induce excess generation events during which electricity is cheap thereby lowering the operational costs of DAC. If investment costs can be sufficiently reduced, this may render very energy intensive but highly flexible technologies such as DAC viable.
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    A new approach for assessing synergies of solar and wind power: implications for West Africa
    (Bristol : IOP Publ., 2018) Sterl, Sebastian; Liersch, Stefan; Koch, Hagen; Lipzig, Nicole P M van; Thiery, Wim
    West African countries' energy and climate policies show a pronounced focus on decarbonising power supply through renewable electricity (RE) generation. In particular, most West African states explicitly focus on hybrid mixes of variable renewable power sources—solar, wind and hydropower—in their targets for the electricity sector. Hydropower, the main current RE resource in West Africa, is strongly sensitive to monsoon rainfall variability, which has led to power crises in the past. Therefore, solar and wind power could play a stronger role in the future as countries move to power systems with high shares of RE. Considering the policy focus on diversified RE portfolios, there is a strong need to provide climate services for assessing how these resources could function together in a power mix. In this study, climate data from the state-of-the-art ERA5 reanalysis is used to assess the synergies of solar photovoltaic (PV) and wind power potential in West Africa at hourly resolution. A new metric, the stability coefficient Cstab, is developed to quantify the synergies of solar PV and wind power for achieving a balanced power output and limiting storage needs. Using this metric, it is demonstrated that there is potential for exploiting hybrid solar/wind power in a larger area of West Africa, covering more important centers of population and closer to existing grid structures, than would be suggested by average maps of solar and wind resource availability or capacity factor for the region. The results of this study highlight why multi-scale temporal synergies of power mixes should be considered in RE system planning from the start.
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    The role of capital costs in decarbonizing the electricity sector
    (Bristol : IOP Publ., 2016) Hirth, Lion; Steckel, Jan Christoph
    Low-carbon electricity generation, i.e. renewable energy, nuclear power and carbon capture and storage, is more capital intensive than electricity generation through carbon emitting fossil fuel power stations. High capital costs, expressed as high weighted average cost of capital (WACC), thus tend to encourage the use of fossil fuels. To achieve the same degree of decarbonization, countries with high capital costs therefore need to impose a higher price on carbon emissions than countries with low capital costs. This is particularly relevant for developing and emerging economies, where capital costs tend to be higher than in rich countries. In this paper we quantitatively evaluate how high capital costs impact the transformation of the energy system under climate policy, applying a numerical techno-economic model of the power system. We find that high capital costs can significantly reduce the effectiveness of carbon prices: if carbon emissions are priced at USD 50 per ton and the WACC is 3%, the cost-optimal electricity mix comprises 40% renewable energy. At the same carbon price and a WACC of 15%, the cost-optimal mix comprises almost no renewable energy. At 15% WACC, there is no significant emission mitigation with carbon pricing up to USD 50 per ton, but at 3% WACC and the same carbon price, emissions are reduced by almost half. These results have implications for climate policy; carbon pricing might need to be combined with policies to reduce capital costs of low-carbon options in order to decarbonize power systems.
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    Medical ethics in the Anthropocene: how are €100 billion of German physicians' pension funds invested?
    (Amsterdam : Elsevier, 2019) Schulz, Christian M.; Ahrend, Klaus-Michael; Schneider, Gerhard; Hohendorf, Gerrit; Schellnhuber, Hans Joachim; Busse, Reinhard
    [No abstract available]