Management of natural gas resources and search for alternative renewable energy resources: A case study of Pakistan

Energy usage in Pakistan has increased rapidly in past few years due to increase in economic growth. Inadequate and inconsistent supply of energy has created pressure on the industrial and commercial sectors of Pakistan and has also affected environment. Demand has already exceeded supply and load shedding has become common phenomenon. Due to excessive consumption of energy resources it would become difficult to meet future energy demands. This necessitates proper management of existing and exploration of new energy resources. Energy resource management is highly dependent on the supply and demand pattern. This paper highlights the future demands, production and supply of energy produced from natural gas based on economic and environmental constraints in Pakistan with special emphasis on management of natural gas. An attempt has been made by proposing a suitable course of action to meet the rising gas demand. A mechanism has been proposed to evaluate Pakistan's future gas demand through quantitative analysis of base, worst and best/chosen option. CO₂ emission for all cases has also been evaluated. The potential, constraints and possible solutions to develop alternative renewable energy resources in the country have also been discussed. This work will be fruitful for the decision makers responsible for energy planning of the country. This work is not only helpful for Pakistan but is equally important to other developing countries to manage their energy resources.     

A review on coupling Green sources to Green storage (G2G): Case study on solar-hydrogen coupling

The present review paper aims to shed lights on the concept of fully green energy system which includes both the source of energy and the storage system. The objective is to propose an energy label “Green to Green” (G2G) that identifies systems involving simultaneously green source and green storage, as an efficient solution to achieve a significant reduction in the dangerous level of pollution that most countries have reached today. Green sources include mainly renewable energy systems such as solar, wind, geothermal and wave energy systems. In its turns green storage includes pumped hydroelectric, flywheel, hydrogen and compressed air. Moreover, and as a case investigation on G2G concept, the paper reviews the main solar-hydrogen coupling systems, that are categorized within four categories parabolic trough-hydrogen, solar tower-hydrogen, photovoltaic-hydrogen and solar chimney-hydrogen.     

Economic modelling of price support mechanisms for renewable energy: Case study on Ireland

The Irish Government is considering its future targets, policy and programmes for renewable energy for the period beyond 2005. This follows a review in 2003 of policy options that identified a number of different measures to stimulate increased deployment of renewable energy generation capacity. This paper expands this review with an economic analysis of renewable energy price support mechanisms in the Irish electricity generation sector. The focus is on three primary price support mechanisms quota obligations, feed in tariffs and competitive tender schemes. The Green-X computer model is utilised to characterise the RES-E potential and costs in Ireland up until, and including, 2020. The results from this dynamic software tool are used to compare the different support mechanisms in terms of total costs to society and the average premium costs relative to the market price for electricity. The results indicate that in achieving a 20% RES-E proportion of gross electricity consumption by 2020, a tender scheme provides the least costs to society over the period 2006–2020 but only in case there is limited or no strategic bidding. Considering, however, strategic bidding, a feed-in tariff can be the more efficient solution. Between the other two support mechanisms, the total costs to society are highest for feed-in-tariffs (FIT) until 2013, at which point the costs for the quota system begin to rise rapidly and overtake FIT in 2014–2020. The paper also provides a sensitivity analysis of the support mechanism calculations by varying default parameters such as the interim (2010) target, the assumed investment risk levels and the amount of biomass co-firing. This analysis shows that a 2010 target of 15% rather than 13.2% generates lower costs for society over the whole period 2006–2020, but higher costs for the RES-E strategy over the period 2006–2010.     

河南省能源问题及其对策研究

河南省化石能源资源丰富,但易开采的能源资源已濒临枯竭,可再生能源资源开发不足.以煤为主的能源结构和过多的高耗能产业是造成河南省能源短缺和环境污染等问题的主要原因.政府部门应提前谋划,通过资金、政策的方法鼓励发展先进能量技术等才是解决河南能源问题正确途径.     

Solar and wind energy potential and utilization in Pakistan

Pakistan needs substantial amount of energy to develop its industry and to increase the agricultural productivity. The available indigenous energy resources are limited. The only option which the country has to pursue is renewable energy. This paper identifies the potentials of solar and wind energy. The prime sites for wind are coastal area, arid zone and hill terrains. Solar energy is abundant over most part of the country, maximum being received over Quetta valley.     

Energy conservation in the industrial sector of developing countries

This paper begins by examining the most energy-intensive industries and methods by which fuel efficiency can be improved. Next the author analyses the economics of energy conservation using specific case studies drawn from India. It is shown that investing in energy efficiency is more economical Btu per Btu than investing in the enhancement of domestic energy resources. The author also assesses changes in the economics of conservation for private firms when there are government incentives. Finally government policies that can overcome economic and non-economic disincentives for investing in energy conservation are examined.     

An econometric analysis of residential expenditures on energy conservation and renewable energy sources

Economic theory suggests that residential expenditures on energy conservation and renewable energy sources will be determined by the ability of households to purchase conservation inputs, their incentive to invest in conserving energy, the energy efficiency of existing homes and miscellaneous factors such as climate and age of the home-owner. Empirical analyses of energy-related expenditures reported on individual income tax returns confirm the importance of household income, energy price increases and climate conditions in determining energy conservation investments. Income tax credits are also found to have stimulated residential spending on conservation and renewable energy.     

Redefining RECs—Part 2: Untangling certificates and emission markets

Renewable energy and greenhouse gas emissions markets are currently in a state of confusion regarding the treatment of Renewable Energy Certificate (RECs). How should emission-trading schemes treat RECs? How can emission mitigation policies provide real incentives for renewable generation? The objective of REC markets should be to promote additional renewable energy investments. The author asserts that defining RECs in terms of attributes, especially off-site attributes, does not further this goal. Ambiguous language such as “environmental attribute” or “environmental benefit” creates confusion in the marketplace while failing to address the relevant coordination issues with Renewable Portfolio Standard compliance markets, voluntary emission offset markets, or emission cap-and-trade markets. Specifically, defining RECs in terms of off-site attributes creates a number of problems, including that once an emissions cap-and-trade scheme is in place, such definitions of a REC can become indefensible. The author proposes to redefine RECs in terms of on-site attributes, which resolves the aforementioned problems and allows compliance and voluntary renewable energy and emission markets to function without conflicts. Ideally, environmental commodities should be homogeneous, first best measures of the relevant environmental good, as well as easily measured and verified. The author proposes tradable environmental commodities that achieve these characteristics.     

Empirical determinants of renewable energy deployment: A systematic literature review

A large share of greenhouse gas emissions can be attributed to the energy sector. Renewable energy (RE) appears to be a mean to decarbonize economies. To fight global warming, which might have substantial impacts on ecosystems and economies, it is essential to understand the empirical determinants of RE deployment for public policy guidance and to foster future research. This paper aims to review the growing, though limited, body of literature that has emerged in the late 2000s to study the quantitative determinants of RE development at a country level. Results show that there is little consensus on the influence of the economic, environmental, and energy-related determinants predominantly studied. The other main determinants considered are regulatory, political, and demographic. Results are often tempered by the fact that authors use diverse measures of RE deployment and have a variety of frameworks. This paper ends with several recommendations to improve the comparability of future papers to enhance their potential to make credible public policy recommendations. More specifically, the recommendations concern the choice of a RE deployment indicator, the determinants considered for further exploration, and the methodologies adopted.     

Energy and society

The era of accelerating fuel us accompanied by fall in price is contrasted with the more recent advent of environmental awareness, and of conservation methods directed towards reducing energy consumption. the nature of the trade-off between energy conserving equipment and fuel saving is compared with that between environmental damage costs and abatement costs. It is shown that society tends to operate at levels of conservation and pollution abatement which are well short of the optimum in each case. Householders require a very high return on conservation measures and utilities underestimate environmental damage. the parallel between factory reform legislation and modern standards setting is drawn. Simulation modelling is argued to have a role in showing the presence of market imperfections, discovering the magnitude of the effects deriving from the imperfections, and examining alternative instruments for overcoming the imperfections. In illustration of such simulation modelling, results of projections from the Energy Demand Projection model of the Systems Analysis Research Unit are given.     

Energy conservation on Nova Scotia farms: Baseline energy data

Direct energy use is a small but essential component of the farm greenhouse gas (GHG) budget. Improvements in energy efficiency and renewable energy can help reduce farm operating costs, improve air quality and reduce GHG emission levels. Energy conservation is especially important in Nova Scotia (NS), Canada, where fossil fuels, particularly coal, remain the primary source of electrical generation. Responses from mail surveys were used to establish baseline data on a cross-section of NS farms with respect to direct energy costs and usage to demonstrate differences in farm type and size. A 32% (N=224) response rate was achieved. Based on this survey, the average energy bill for a NS farm in 2004 was $11,228, with most (61.7%) of their energy cost attributable to the purchase of petroleum products. Almost all farmers (96.4%) indicated that their energy cost was a primary concern. Farmers identified the operation of vehicles and mobile equipment, as well as lighting and heating as having the greatest energy requirements in their operations. Energy usage varied with farm type and size. NS farms consumed 1.2 petajoules of energy equivalent to 127 kilotonnes of CO₂ with 52.7% of emissions from electricity use in 2004.     

Optimizing investment levels for energy conservation: Individual versus social perspective and the role of uncertainty

The decision to invest in energy conservation must be made in the face of uncertainty: future energy prices and the magnitude of energy savings are uncertain. Since once does not know the optimal investment level in advance, one will incur cost penalties due to misoptimization. To analyse the cost penalties it is convenient to focus on the ratio of the life cycle costs that one pays and the life cycle costs one would have paid with an optimal investment level. Two models are used to evaluate this ratio: a model for conductive heat flow through a layer of insulation, and an exponential curve fit to a large number of residential energy conservation cost data. Plotting the life cycle cost ratio versus the ration of actual and guessed energy expenditures shows the effect both of price uncertainties and of uncertainties in the performance of conservation measures. The graph can also be used to evaluate the cost to society due to the mismatch between individual and social perspectives. The curve turns out to have a broad optimum, and penalties due to misoptimization are fairly small in most cases. With these models one can also calculate the long-term price elasticity of energy demand for rational consumers. It turns out to be -0.5 in the insulation model and -1.0 in the exponential model.     

Sustainability estimation of energy system options that use gas and renewable resources for domestic hot water production

Two possible substitutions for fossil fuel used in heat production are biomass and solar energy. This paper presents an evaluation of various energy sources for hot water production in a heating plant. The heating plant was situated in one of the largest municipalities in the city of Belgrade, Serbia. It produces and delivers domestic hot water and energy for heating to approximately 17,000 households. It is possible to use of using renewable energy instead of fossil fuel for producing the thermal energy for the supply of domestic hot water. Hence, in this paper, an evaluation of the sustainability of different energy options for obtaining thermal energy was considered: 1) from gas combustion; 2) from gas combustion and solar collection 3) from biomass combustion 4) from gas and biomass combustion, and 5) from gas and biomass combustion and solar collection. To compare the different energy systems, the method of multi-criteria analysis was utilised. This method integrates various multi-dimensional criteria and provides an efficient method of estimating the sustainability of complex systems. The obtained results were compared by the General Index of Sustainability which is a measure of the complexity of a system. A basic set of energy indicators that relate to different aspects of sustainable development was defined. In this way, the results in the assessment of sustainability of energy options do not depend on the various analysts in decision making.     

Top down strategy for renewable energy investment: Conceptual framework and implementation

Electricity market is undergoing a tremendous transformation throughout the world. A drastic reduction of carbon emission cannot be realized if renewable energy resources are not increased in share of generation mix. Currently, most of the traditional mechanisms, including regulatory policies, fiscal incentives and public financing, are initiated from and heavily relied on policymakers and governments. However, not only these schemes do not necessarily align with business interests of investors, but also the motivations for renewable energy developments are always initiated by governments. In order to realize the full potential of renewable energy investment, an innovative approach is necessary to motivate investors and lessen government expenditures.In this paper, we present a top down strategy for renewable energy investment. The proposed approach is a three-step framework. By applying the approach, renewable energy global market leaders and trends will be identified and analyzed that included: (1) economics and renewable energy policy, (2) specific renewable energy sectors that presents the most attractive investment opportunity, (3) and finally the most promising renewable energy investment vehicles for investors. Other stakeholders can also use the developed framework, such as consumers and policymakers, to make socio-economic decisions and assess renewable energy investments.     

Factors which influence Nova Scotia farmers in implementing energy efficiency and renewable energy measures

Improvements in energy efficiency and renewable energy use can reduce farm operating costs and reduce greenhouse gas (GHG) emissions. Responses (n=224, representing a 32% response rate) from a mail survey were used to assess use and interest in energy efficient and renewable energy options on farms in Nova Scotia, Canada. Energy efficiency options used the most were behavior, insulation, and lighting. Few farms used renewable energy options. Approximately 78% of farmers indicated an interest in implementing energy efficiency and renewable energy options. Interest varied by farm type and size. Interest increased with farm size. The two main efficiency options of interest were lighting (60.8%) and insulation (43.7%), while wind power development (55.5%) and solar water heating (24.5%) were the main renewable options of interest. Farmers concerned about power and equipment reliability were less likely to be interested in implementing options. Farmers concerned about the environment were more likely to be interested in implementing options. Current use of certain energy efficiency technologies, such as efficient lighting, influenced implementation interest.     

Balancing energy and environment: The effect and perspective of management instruments in China

The rapid growth of Chinese economy has tremendously stimulated the expansion of energy consumption. The structure of energy consumption in China is featured with the coal domination. Air pollution is becoming increasingly severe. As a result, we are confronted with the extremely arduous task to balance energy consumption and environmental protection. In order to coordinate the relationship between energy consumption and environmental protection in a strategic way, this paper analyzes comprehensively the instruments, effects and perspectives of energy-related environmental management. Meanwhile, this paper illustrates the barriers and challenges facing the energy and energy-related environmental management in China, and suggests a priority strategy of management instrument, mainly composed of energy-saving, optimization of energy structure, promulgation of environmental standards, advance in environmental technologies, internalization of environmental costs, establishment of a public benefit fund and adoption of a Renewable Portfolio System.     

Wind farm investment risks under uncertain CDM benefit in China

China has set an ambitious target to increase its wind power capacity by 35 GW from 2007 to 2020. The country’s hunger for clean power provides great opportunities for wind energy investors. However, risks from China’s uncertain electricity market regulation and an uncertain energy policy framework, mainly due to uncertain Clean Development Mechanism (CDM) benefits, prevent foreign investors from investing in China’s wind energy. The objectives of this paper are to: (1) quantify wind energy investment risk premiums in an uncertain international energy policy context and (2) evaluate the impact of uncertain CDM benefits on the net present values of wind power projects. With four scenarios, this study simulates possible prices of certified emissions reductions (CERs) from wind power projects. Project net present values (NPVs) have been calculated. The project risk premiums are drawn from different and uncertain CER prices. Our key findings show that uncertain CDM benefits will significantly affect the project NPVs. This paper concludes that the Chinese government needs revising its tariff incentives, most likely by introducing fixed feed-in tariffs (FITs), and re-examining its CDM-granting policy and its wind project tax rates, to facilitate wind power development and enable China to achieve its wind energy target.     

Modeling hourly electricity dynamics for policy making in long-term scenarios

Energy policies are often related to the global effort in reducing greenhouse gas emissions through increased use of renewable energies in electricity production. The impact of these policies is usually calculated by energy planning tools. However, the modeling methodologies most currently used are not adequate to simulate long-term scenarios while considering the hourly dynamics of supply and demand.     

The sustainability of green hydrogen: An uncertain proposition

Green hydrogen is increasingly considered a vital element for the long-term decarbonization of the global energy system. For regions with scarce land resources, this means importing significant volumes of green hydrogen from regions with abundance of renewable energy. In producing countries, this raises significant sustainability questions related to production and export. To assess these sustainability-related opportunities and challenges, the authors first present a review of renewable energy deployment in the electricity sector, and then extend it to the foreseeable opportunities and risks of green hydrogen production in exporting countries. The paper finds that questions of freshwater and land availability are critical from an environmental and a socio-economic point of view, and that the development of international standards for the governance of hydrogen-related projects will be crucial. These should also address potential conflicts between the deployment of renewable energy for the decarbonization of local power grids, and the export of green hydrogen.