The impact of the electricity tariff reform on renewable energies and energy efficiency investments: The case of the Italian residential market

This article investigates the impact that the electricity tariff reform is likely to have on investments in renewable energies (i.e., photovoltaics) and the adoption of energy efficiency measures (i.e., installation of heat pumps and efficient home appliances) in the residential market in Italy. The study develops detailed cost comparisons and simulations considering two different investment scenarios (before and after the reform) to conclude that the reform will: (i) have a negative impact on investments in photovoltaic systems; (ii) favor the adoption of energy efficiency measures, such as efficient home appliances.     

Regional industrial ecology: examples from regional economic systems of forest industry and energy supply in Finland

Industrial ecology (IE) promotes the development of industrial systems based on recycling of matter and cascading of energy through cooperation. In this paper, the local/regional industrial ecosystem approach is reflected in two examples from Finland. The local forest industry system is based on renewable resources, waste materials and energy utilisation between forestry companies, a saw-mill, a pulp mill, a paper mill and a forest industry power plant. Waste energy from electricity production is used for production of heat and process steam. Regional city energy supply systems in Finland are also to a large extent arranged around power plants that utilise waste energy. The potential of combining the forest industry system with the energy supply systems of cities is considered and the conditions for success in the Finnish case are discussed.     

Constraints to improved energy efficiency in agricultural pumpsets: the case of India

Supply to electrical pumpsets for irrigation purposes accounts for about 25% of the total electricity sold in India. The number of electrical pumpsets is expected to increase from 8.5 million in 1989–90 to 10.5 million in 1994–95. Low load factors (10–12%) and low densities (1–4 pumpsets/km²) mean large investments for the electric utility in order to supply electricity for irrigation. It is reported that there exists a potential to save at least 10% of the electricity supplied to this sector by means of simple retrofit measures. However, conditions in the field pose constraints to such retrofits. Some of those constraints are highlighted in this paper. It is also suggested that immediate attempts be made to ensure that all new connections are energy efficient. This paper suggests that the additional cost incurred to ensure new energy efficient connections and to maintain retrofit energy efficient pumpsets must be looked on as a necessary cost for energy efficiency.     

GEOTHERMAL ENERGY IN TRANSITION

At a time when future sources of energy are under close scrutiny, both in terms of availability and suitability, geothermal energy ranks among the candidates for inclusion in any appraisal of alternative forms of supply. The use of geothermal energy for the production of electricity and for supplying domestic and industrial heat is a comparatively recent phenomenon, and its application remains closely constrained by favourable geological conditions. Yet exploration in several countries shows that geothermal energy may emerge as an important adjunct to total energy supply in many localities. McNitt outlines some of the economic and technological parameters of this energy source. Small scale geothermal power stations are more economic and less capital intensive than conventional plants, which make them of particular interest for developing countries with small electricity systems and competing demands on limited capital resources. The principal capital expenditures in the development of geothermal sources include exploration, steam production, installation of generating plant and the cost of effluent disposal. The wider use of low grade geothermal heat is also examined, in addition to the environmental problems occurring to the development of geothermal energy. The scope for technical co-operation in the development of geothermal energy is substantial, and it is likely that this source of energy will undergo more intensive development on the local scale in the future.     

Assessing the value of CO2 capture ready in new-build pulverised coal-fired power plants in China

Making new plants CO₂ capture ready (CCR) would enable them to retrofit to capture CO₂ at a later date at lower cost when the appropriate policy and/or economic drivers are in place. In order to understand the economic value and investment characteristics of making new plants CCR in China, a typical 600 MW pulverised coal-fired ultra-supercritical power plant, locating in Guangdong province, was examined. Combined with an engineering assessment, costs were estimated for different CCR scenarios. To analyze CCR investment opportunities, the paper applies a cash flow model for valuing capture options and CCR investment. Results were obtained by Monte-Carlo simulation, based on engineering surveys and an IEA GHG CCR study, as well as plant performance information and expert projections on carbon prices, coal prices and electricity prices.CCR investments are justified by factors such as higher retrofitting probabilities, lower early closure probabilities and fair economic return. However, the economic case for CCR largely depends on two factors: (a) whether the original plant is retrofittable without CCR; and (b) the type of investments made, for example, investments essential to CCR tend to be more economic than additional non-essential CCR features such as clutched low pressure turbines. The carbon price and discount rate were found to have significant impacts on the economics of CCR. Overall, it appears that the value of the ‘capture options’ that CCR generates for retrofitting CCS is significant, and so could justify a modest CCR investment, even assuming the original plant is retrofittable without CCR. It was also found the value of CCR might be significantly understated if the range of potential retrofitting dates is artificially constrained.     

Derivation of correlations to evaluate the impact of retrofitted post-combustion CO2 capture processes on steam power plant performance

When integrating a post-combustion CO₂ capture process and CO₂ compression into a steam power plant, the three interface quantities heat, electricity and cooling duty must be satisfied by the power plant, leading to a loss in net efficiency. The heat duty shows to be the largest contributor to the overall net efficiency penalty of the power plant. Additional energy penalty results from the cooling and electric power duty of the capture and compression units.In this work, the dependency of the energy penalty on the quantity and quality of the heat duty is analyzed and quantified for a state-of-the-art hard coal fired power plant. Furthermore, the energy penalty attributed to the additional cooling and power duty is quantified. As a result correlations are provided which enable to predict the impact of the heat, cooling and electricity duty of post-combustion CO₂ capture processes on the net output of a steam power plant in a holistic approach.     

Fostering sustainable small-scale investments: lessons from experience and ideas for intervention and innovation

This article presents lessons from experience pertinent to implementing small-scale natural resource and related investment projects in developing countries. It outlines ideas for intervention and innovation to foster such investments. Particular emphasis is placed on private-sector participation in these investments. Following a brief presentation of the economic development and other arguments that support intervention and innovation in support of such small-scale natural resource investments, the article discusses many of the lessons learned from experience. These lessons reinforce those touched upon in the investment-specific discussions in the previous articles. The experience and associated lessons that are examined include experiences in both developing and developed countries and encompass not just lessons from natural resource investments, but also small-scale investments in other sectors. Financing and other innovations which facilitate meeting the challenges are drawn from relevant experience where barriers to investment have been surmounted. Options for programme and project interventions to increase market penetration of small-scale investments and achieve the associated development linkages and synergies are suggested. These suggestions are aimed especially at governments and bilateral and multilateral development finance and development assistance entities. It is those players who might support such interventions in collaboration with local financial institutions and other market players.     

Planning future fuelbreak strategies using mathematical modeling techniques

Major drainage basins within the Angeles National Forest in southern California USA are aggregated into zones of homogeneous wildland fire damage-potential using multivariate statistical techniques. Mathematical models are utilized to examine the policy implications of ongoing and projected fuel management strategies in different Forest zones based on simulated impacts of fuelbreak construction and maintenance upon two proxies for future damage-potential: the expected area burned and an index of relative value used by Forest planners. Alternative strategies for future fuelbreak investments are evaluated based on model outcomes.     

碳市场和电力市场耦合研究

低碳化、清洁化是我国电力行业未来发展的方向。碳市场启动,电力作为试点行业,碳市场和电力市场面临着协调和融合问题。为研究碳市场和电力市场的耦合关系,本文首先分析了碳市场机制的成本节约效应以及与电力市场改革的互动效应;然后给出考虑碳排放价格的电力市场发电电能成本模型——LCOEe;最后以广东省为例,对广东碳市场碳价传导至电价设定情景并进行模拟分析。结果显示,碳市场和电力市场存在相互制约的关系,碳排放外部成本内部化影响电力市场出清电价,而电力市场能够缓解碳市场的减排压力,抑制碳市场的活跃度。两市场的耦合研究对于优化电源结构、促进新能源市场的发展,以及启发政策制定者重视两大市场的协同发展具有非常重要的现实意义。     

Evaluation of different CHP options for refinery integration in the context of a low carbon future

This study presents a comparison of different concepts for delivering combined heat and power (CHP) to a refinery in Norway. A reference case of producing high pressure steam from natural gas in boilers and electricity in a combined cycle power plant, is compared to a: (1) natural gas fueled CHP without any CO₂ capture; (2) hydrogen fueled CHP with hydrogen produced from steam methane reforming (SMR); (3) hydrogen fueled CHP with hydrogen produced from autothermal reforming (ATR); and finally (4) natural gas fueled CHP with postcombustion CO₂ removal. The options are compared on the basis of first law efficiency, emissions of CO₂ and a simplified cash flow evaluation. Results show that in terms of efficiency the standard natural gas fueled CHP performs better than the reference case as well as the options with carbon capture. The low carbon options in turn offer lower emissions of greenhouse gases while maintaining the same efficiency as the reference case. The cash flow analysis shows that for any option, a certain mix of prices is required to produce a positive cash flow. As expected, the relationship between natural gas price and electricity price affects all options. Also the value of heat and CO₂ emissions plays an important role.     

市政污泥干化焚烧工艺设计与思考

以南方经济发达地区100 tDS/d的污泥干化焚烧发电工程为例,介绍了污泥处置的热电联用系统.工程利用离心干化设备,以废蒸汽为热源干化污泥,提高热值,干化污泥与生物质在循环流化床锅炉中协同焚烧,焚烧产生的蒸汽通过汽轮发电机组发电自用.烟气经过多级处理后达标排放,废水、飞灰和炉渣都得到有效的处理与处置.该工程的实施缓解了...     

The political economy of power generation in Zimbabwe since 1980

This article presents a historical analysis of the power generation choices in Zimbabwe since independence in 1980; their causes and consequences. In the early 1980s, the electricity supply choices of the country were dictated by a policy of self-sufficiency, and least-cost supply options (e.g. imports and hydropower) were rejected at a not negligible economic cost. At the end of the 1980s, a new political environment and pressures from the World Bank prompted substantial changes towards least-cost alternatives. In the early 1990s, security of supply motives still played an important role and financial constraints were severe. At present, however, there is little evidence that imported power is still as cheap a source of electricity as it was about 15 years ago. This situation together with the ongoing trend towards higher discount rates imply that thermal power, in particular coal-fired power, will dominate future electricity supply investments in Zimbabwe.     

Making a stronger case for industrial energy efficiency by quantifying non-energy benefits

This paper describes a more compelling case for industry to promote the non-energy benefits of energy efficiency investments. We do this in two ways to actively appeal to chief executive officers (CEOs) and chief financial officers (CFOs) primary responsibility: to enhance shareholder value. First, we describe the use of a project-by-project corporate financial analysis approach to quantify a broader range of productivity benefits that stem from investments in energy-efficient technologies, including waste reduction and pollution prevention. Second, and perhaps just as important, we present such information in corporate financial terms. These standard, widely-accepted analysis procedures are more credible to industry than the economic modeling done in the past because they are structured in the same way corporate financial analysts perform discounted cashflow investment analyses on individual projects. Case studies including such financial analyses, which quantify both energy and non-energy benefits from investments in energy-efficient technologies, are presented. Experience shows that energy efficiency projects’ non-energy benefits often exceed the value of energy savings, so energy savings should be viewed more correctly as part of the total benefits, rather than the focus of the results. Quantifying the total benefits of energy efficiency projects helps companies understand the financial opportunities of investments in energy-efficient technologies. Making a case for investing in energy-efficient technologies based on energy savings alone has not always proven successful. Evidence suggests, however, that industrial decision makers will understand energy efficiency investments as part of a broader set of parameters that affect company productivity and profitability.     

Modeling Hydraulic and Thermal Electricity Production Based on Genetic Algorithm-Time Series (GATS)

Abstract

This study deals with the estimation of electricity production from hydraulic and thermal sources using the Genetic Algorithm (GA) with time series (TS) approach. Two forms of the mathematical models are developed, of which one is exponential and the second is polynomial. The power form of the Genetic Algorithm-Time Series (GATS) model is used for the thermal electricity production. The polynomial form of the GATS is used for the electricity production from the hydraulic sources. The GATS weighting parameters are obtained by minimizing the Sum of Squared Error (SSE) between observed and estimated electricity production from both sources. Therefore, the fitness function adapted is the minimization of the SSE for use in the GA process. The application of the GATS model is correspondingly presented. Some future scenarios are made to increase the electricity production from hydraulic sources. Variations of the electricity production from thermal and hydraulic energy sources are analyzed. Future prospects of electricity production are dealt with in terms of policy changes. The GATS models are used for making scenarios for future electricity planning policy. Results also show if current trend continues, the thermal electricity production amounts to 75% of the total electricity production, which is undesirable for environmental concerns. Results also shows that if new policy is to move from the thermal to hydraulic electricity production, the hydraulic sources will meet the demand until 2020.     

Dams in the Amazon: Belo Monte and Brazil’s Hydroelectric Development of the Xingu River Basin

Hydroelectric dams represent major investments and major sources of environmental and social impacts. Powerful forces surround the decision-making process on public investments in the various options for the generation and conservation of electricity. Brazil’s proposed Belo Monte Dam (formerly Kararaô) and its upstream counterpart, the Altamira Dam (better known by its former name of Babaquara) are at the center of controversies on the decision-making process for major infrastructure projects in Amazonia. The Belo Monte Dam by itself would have a small reservoir area (440 km²) and large installed capacity (11, 181.3 MW), but the Altamira/Babaquara Dam that would regulate the flow of the Xingu River (thereby increasing power generation at Belo Monte) would flood a vast area (6140 km²). The great impact of dams provides a powerful reason for Brazil to reassess its current policies that allocate large amounts of energy in the country’s national grid to subsidized aluminum smelting for export. The case of Belo Monte and the five additional dams planned upstream (including the Altamira/Babaquara Dam) indicate the need for Brazil to reform its environmental assessment and licensing system to include the impacts of multiple interdependent projects.     

Sustainability and Local People’s Participation in Coastal Aquaculture: Regional Differences and Historical Experiences in Sri Lanka and the Philippines

This article discusses environmental sustainability in aquaculture and its contribution to poverty alleviation, based on field studies in Sri Lanka and the Philippines. The aquaculture practices studied are the monoculture of the black tiger prawn (Penneaus monodon) and milkfish (Chanos chanos) and the polyculture of the two species together with the mud crab (Scylla serrata). Factors affecting economic viability, social equity and environmental impacts in aquaculture are discussed and used to illuminate local and regional differences between aquaculture in Sri Lanka and the Philippines. Findings indicate that the most significant difference is the level of participation by local people (i.e., people originating ≤10 km away from the farm location). In the Philippines, 84 % of the people involved in aquaculture are locals, whereas in Sri Lanka, 55% are outsiders. Whether differences between the two areas can be explained by analyzing regional conditions, which might have resulted in different aquaculture practices, is discussed. In Sri Lanka, semi-intensive shrimp monoculture is currently the most common practice, whereas in the Philippines, extensive shrimp/fish polyculture is more common. Previous studies, as well as fieldwork, indicate that extensive culture practices reduce environmental impacts and benefit local people more. Sustainability in aquaculture is, however, also dependent on the extent of mangrove conversion into ponds. As such, extensive and locally owned farms do not necessarily result in an all but sustainable situation. Keeping this in mind, it is discussed if extensive polyculture practices might result in a more sustainable aquaculture, both environmentally and socioeconomically.     

Social responsibility and resource extraction: Are Chinese oil companies different?

In order to meet China’s rapidly increasing demand for oil, Chinese oil companies have been investing in oil production around the world. This article addresses one specific aspect of the more generalized fears expressed about China’s increasing demand for natural resources which is the impact that its oil companies will have on the corporate social responsibility (CSR) movement. In doing so, it limits its analysis to the three main Chinese oil companies: the China National Petroleum Corporation (CNPC), the China Petroleum and Chemical Corporation (Sinopec) and the China National Offshore Oil Corporation (CNOOC) and their investments in sub-Saharan Africa.     

Environmental News in Argentina, Chile, Mexico and the Philippines

From an environmental perspective, the media have raised the level of environmental awareness and, rightly or wrongly, focused the attention of citizens on specific environmental issues. Public reaction to environmental news can filter back into the media and highlight specific policy issues. The importance of the media in this respect has gained strength, particularly in developing countries, where environmental problems have become legitimate concerns, and where access to 'official' information has been historically difficult. In general, newspapers have been found to be one of the most predominant sources of environmental information available to the public, particularly in developing countries. In this paper, we summarise, briefly analyse and compare the newspaper coverage of environmental issues in Argentina, Chile, Mexico and the Philippines. Among numerous other results, it appears that the coverage of environmental issues fell considerably over the period 1990-94 despite an increase in world-wide environmental awareness. Most news reports actions by the environmental agencies (warnings and rewards, etc.). In the Philippines, however, most environmental news reports investments in pollution abatement activities by the private sector. While citizens' complaints represent a small percentage of the coverage of environmental issues, closer examination reveals that such complaints, in the vast majority of cases, trigger governmental actions (warnings) and ultimately an improvement of firms' environmental performance (investment).