German companies view high and uncertain electricity prices a major challenge. A Renewable Energy Pool (RE-Pool), wherein the favorable conditions of competitive tenders for new wind and solar power projects are passed on to electricity consumers, could hedge such price risks. Consumers'...

A lot of countries have recently published updated hydrogen strategies, often including more ambitious targets for hydrogen production. In parallel, accompanying ramp-up mechanisms are increasingly coming into focus with the first ones already being released. However, these proposals usually...

Government support for green technologies and renewable energy (RE) in particular has become an integral cornerstone of economic policy for most industrialized economies. Due to competitive price determination and supposedly higher efficiency, auctions have in recent years widely succeeded...

This working group report from the Green Deal Projects Support Office provides an in-depth look at the innovative clean energy projects driving decarbonisation and energy efficiency. Covering advancements in renewable energy integration, hydrogen production, and energy access in Africa, the...

Circular Economy Strategies for the EU's Renewable Electricity is a Joint Research Centre (JRC) exploratory study that provides a new perspective and new evidence on waste streams emerging from the transition to renewable electricity in the EU. The analysis supports the policy-making process and...

As the world transitions towards a low-carbon economy, understanding the employment implications of renewable energy growth is crucial, particularly in emerging economies like the BRICS nations, where energy demand and employment pressures are rapidly evolving. The justification for this study...

As a global leader in renewable energy, India is transitioning from fossil fuel-based hydrogen to green hydrogen, driven by technological advancements, cost reductions, and supportive policies. Initiatives like the National Green Hydrogen Mission and Green Hydrogen Policy aim to establish India...

Central Asian economies, particularly Kazakhstan and Uzbekistan, are pursuing increasingly ambitious goals for renewable energy. Apart from China - an established player in the market - it has increasingly been Gulf countries that have been implementing respective projects, particularly Saudi...

This study applies a robust techno-economic framework to explore four key decarbonisation pathways – unabated steam methane reforming (SMR), SMR with carbon capture and storage (CCS), biomass-based hydrogen (BIOH₂), and renewable hydrogen via alkaline electrolyser cells (AEC) – across 52...

Carbon Capture and Utilisation (CCU) is one of the more mature approaches to carbon neutrality, yet simultaneously one of the least understood or categorically defined. This paper intends to provide a broad-based overview of CCU, as well as a deeper dive that will incorporate scalability, market...

The spatial distribution of future renewable capacities is a key determinant for developing appropriate grid expansion plans. This is particularly relevant for onshore wind energy. Existing studies mostly extrapolate future installations based on existing capacities and available sites. As wind...

An increase of e100 per tonne in the EU carbon price reduces the carbon footprint but lowers GDP due to higher energy costs and carbon leakage. Using a dynamic multi-sector, multi-country model augmented with an energy block that includes endogenous renewable energy investment, we analyze the...

Different private sector-led and government-led approaches to the development of solar hybrid mini grids are found around the world. Five approaches used in Africa are reviewed here. Each works better in some contexts than in others; each has advantages and disadvantages. In private-sector-led...

The shift toward a sustainable future demands substantial investments in green technologies and infrastructure, with green finance emerging as a pivotal driver for mobilizing such investments. This paper introduces a novel framework for green investment models and platforms tailored specifically...

Mexico City, that boasts the first place in electricity consumption among urban centers in the country, is actively advancing its energy transition by promoting renewable energies and tapping into its potential for solar and bio-energy. As households in emerging economies drive global energy...

Individuals trade present for future consumption across a range of economic behaviors, and this tradeoff may differ across socioeconomic groups. To assess these tradeoffs, we estimate a dynamic model of residential solar adoption and system sizing in California using household-level data on...

We build a general equilibrium model to study how climate transition risks affect energy prices and the valuations of different firms in the energy sector. We consider two types of fossil fuel firms: incumbents that have developed oil reserves they can extract today or tomorrow, and new entrants...

For decades, climate economists and policymakers have favored market-driven solutions with minimal government intervention, advocating carbon pricing as the primary climate policy instrument. The Inflation Reduction Act (IRA), enacted in 2022, represents a fundamental departure from this...

This investigation seeks to explore the influences of renewable energy and foreign direct investment (FDI) on Egypt's economy. Due to the function of FDI in promoting GDP expansion and renewable energy technology advancement, it is crucial to analyze the nexus between the economy, FDI, and green...

The emergence of green finance plays a pivotal part in propelling the transition towards sustainable energy and the advancement of environmentally conscious economic development. In this comprehensive study, data from 30 Chinese provinces spanning the period 2010 to 2020 is used to examine the...

This paper explores the impact of geoeconomic fragmentation on the energy transition in the Global North, a region historically responsible for high greenhouse gas emissions yet crucial in addressing climate change. Recent policy shifts away from economic integration have raised concerns about...

This paper examines the effects of climate policies and energy shocks on mean and volatility spillovers between green and brown stock price indices in five countries (Canada, India, Japan, the UK and the US). More specifically, bivariate GARCH-BEKK models including dummy variables controlling...

A key element in the transition to net zero carbon emissions is increasing the use of renewable energy, especially wind and solar energy, and scaling up energy storage sustainably to enable their greater use. This paper discusses the advantages and challenges of scaling up renewable energy...

The study investigates how digitalization in the financial sector, implementing innovative technologies and green finance solutions, leads to achieving sustainable development goals in general and environmental sustainability that promotes the transition to green energy in particular. The study...

The EU has set ambitious targets for carbon neutrality, encapsulated in the European Green Deal. This framework aims to transform the EU into a modern, resource-efficient, and competitive economy with no net emissions of greenhouse gases by 2050. Innovation plays a critical role in developing...

Given the intersecting challenges of climate instability, resource constraints, and digital transformation, there is an urgent need for scholarly inquiry into the evolving patterns of green economic growth to inform evidence-based strategies for fostering sustainable and inclusive development...

The Chinese government promises to reach the carbon emission peak by 2030 and achieve the carbon neutrality by 2060. Renewable energy development is important for achieving this target. Local governments' behaviors and attitudes might be influenced by neighbors. Therefore, this study uses...