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This paper explores the optimal policy for using an allocated carbon emission budget over time with the objective to maximize profit, by explicitly taking into account present-biased preferences of decision-makers, accounting for…

Mathematical Finance · Quantitative Finance 2025-11-03 Hansjörg Albrecher , Jinxia Zhu

Recent computing needs have lead technology companies to develop large scale, highly optimized data centers. These data centers represent large loads on electric power networks which have the unique flexibility to shift load both…

Systems and Control · Electrical Eng. & Systems 2021-05-20 Julia Lindberg , Yasmine Abdennadher , Jiaqi Chen , Bernard C. Lesieutre , Line Roald

For a given carbon budget over several decades, different transformation rates for the energy system yield starkly different results. Here we consider a budget of 33 GtCO2 for the cumulative carbon dioxide emissions from the European…

Physics and Society · Physics 2020-12-07 Marta Victoria , Kun Zhu , Tom Brown , Gorm B. Andresen , Martin Greiner

Achieving climate neutrality in Europe requires rapid electrification alongside carbon management strategies for residual emissions. Existing analyses of the European energy system often focus on collocated carbon capture and geological…

Physics and Society · Physics 2026-03-25 Sina Kalweit , Ricardo Fernandes , Alberto Alamia , Marta Victoria

As the deployment of low carbon transportation technologies, specifically electric vehicles (EVs), is increasing, the concept of their eco-driving is gaining significant attention. Contrary to the eco-driving techniques used in conventional…

Systems and Control · Electrical Eng. & Systems 2021-01-01 Mukesh Gautam , Narayan Bhusal , Mohammed Benidris , Poria Fajri

Power systems decarbonization are at the focal point of the clean energy transition. While system operators and utility companies increasingly publicize system-level carbon emission information, it remains unclear how emissions from…

Systems and Control · Electrical Eng. & Systems 2025-09-09 Yuqing Shen , Yuanyuan Shi , Daniel Kirschen , Yize Chen

An increasing share of consumers care about the carbon footprint of their electricity. This paper analyzes a method to integrate consumer carbon preferences in the electricity market-clearing by introducing consumer-based carbon costs and a…

Systems and Control · Electrical Eng. & Systems 2026-01-27 Wenqian Jiang , Aditya Rangarajan , Line Roald

The increasing global push for carbon reduction highlights the importance of integrating renewable energy into the supply chain of cellular networks. However, due to the stochastic nature of renewable energy generation and the uneven load…

Signal Processing · Electrical Eng. & Systems 2026-01-21 Yuxi Zhao , Vicente Casares-Giner , Vicent Pla , Luis Guijarro , Iztok Humar , Yi Zhong , Xiaohu Ge

We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon…

General Economics · Economics 2026-01-14 Emanuel Kohlscheen , Richhild Moessner , Elod Takats

Climate change mitigation is a global challenge that, however, needs to be resolved by national-level authorities, resembling a tragedy of the commons. This paradox is reflected at European scale, as climate commitments are made by the EU…

General Economics · Economics 2023-05-11 Tim T. Pedersen , Mikael Skou Andersen , Marta Victoria , Gorm B. Andresen

Achieving net-zero carbon emissions requires a transformation of energy systems, industrial processes, and consumption patterns. In particular, a transition towards that goal involves a gradual reduction of excess carbon emissions that are…

Optimization and Control · Mathematics 2026-01-19 Hansjoerg Albrecher , Nora Muler

The increasing electric vehicle (EV) adoption challenges the energy management of charging stations (CSs) due to the large number of EVs and the underlying uncertainties. Moreover, the carbon footprint of CSs is growing significantly due to…

Optimization and Control · Mathematics 2024-06-13 Dongxiang Yan , Shihan Huang , Sen Li , Xiaoyi Fan , Yue Chen

Electricity systems are key to transforming today's society into a carbon-free economy. Long-term electricity market mechanisms, including auctions, support schemes, and other policy instruments, are critical in shaping the electricity…

Machine Learning · Computer Science 2025-12-22 Javier Gonzalez-Ruiz , Carlos Rodriguez-Pardo , Iacopo Savelli , Alice Di Bella , Massimo Tavoni

Data centers are carbon-intensive enterprises due to their massive energy consumption, and it is estimated that data center industry will account for 8\% of global carbon emissions by 2030. However, both technological and policy instruments…

Computers and Society · Computer Science 2022-02-01 Zhiwei Cao , Xin Zhou , Han Hu , Zhi Wang , Yonggang Wen

Residential heating, primarily powered by natural gas, accounts for a significant portion of residential sector energy use and carbon emissions in many parts of the world. Hence, there is a push towards decarbonizing residential heating by…

Computers and Society · Computer Science 2023-01-13 Adam Lechowicz , Noman Bashir , John Wamburu , Mohammad Hajiesmaili , Prashant Shenoy

Energy system optimization models (ESOMs) are designed to examine the potential effects of a proposed policy, but often represent energy-efficient technologies and policies in an overly simplified way. Most ESOMs include different end-use…

Dynamic grid emission factors provide a temporally resolved signal about the carbon intensity of electricity generation in the power system. Since actual carbon dioxide emission measurements are usually lacking, such a signal must be…

Physics and Society · Physics 2022-01-04 Jan Frederick Unnewehr , Anke Weidlich , Leonhard Gfüllner , Mirko Schäfer

Achieving decarbonization across energy sectors requires demand-side transformation such as behavioural changes and end-use efficiency improvements to complement supply-side technological shifts. However, changing consumption patterns is…

Physics and Society · Physics 2025-08-07 Parisa Rahdan , Mirko Schäfer , Ana Belén Cristóbal López , Marta Victoria

In this paper, I consider a simple heterogeneous agents model of a production economy with uncertain climate change and examine constrained efficient carbon taxation. If there are frictionless, complete financial markets, the simple model…

General Economics · Economics 2022-10-18 Felix Kübler

Accurate estimation of greenhouse gas (GHG) is essential to meet carbon neutrality targets, particularly through the calculation of direct CO2 emissions from electricity generation. This work reviews and compares emission factor-based…

Applications · Statistics 2025-05-01 Marina Bertolini , Pierdomenico Duttilo , Francesco Lisi