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Climate change due to increasing carbon emissions by human activities has been identified as one of the most critical threat to Earth. Carbon neutralization, as a key approach to reverse climate change, has triggered the development of new…
Tackling climate change requires the rapid and deep decarbonization of electric power systems. While energy management systems (EMSs) play a central role in this transition, conventional EMSs focus mainly on economic efficiency and often…
The global carbon market is fragmented and characterized by limited pricing transparency and empirical evidence, creating challenges for investors and policymakers in identifying carbon management opportunities. The European Union is among…
Given the increasing importance of environmental, social and governance (ESG) factors, particularly carbon emissions, we investigate optimal proportional portfolio insurance (PPI) strategies accounting for carbon footprint reduction. PPI…
Sustainable investing refers to the integration of environmental and social aspects in investors' decisions. We propose a novel methodology based on the Triangulated Maximally Filtered Graph and node2vec algorithms to construct an hedging…
An increasing number of electric loads, such as hydrogen producers or data centers, can be characterized as carbon-sensitive, meaning that they are willing to adapt the timing and/or location of their electricity usage in order to minimize…
The electrification of transportation is critical to mitigate Greenhouse Gas (GHG) emissions. The United States (U.S.) government's Inflation Reduction Act (IRA) of 2022 introduces policies to promote the electrification of transportation.…
India, being one of the fastest growing economies of the world, must take a sustainable path for development. India is responsible for 7 percent of global CO2 emissions. The electricity sector accounts for nearly 35 percent of emissions…
The use of wind and solar generation is fundamental to the decarbonisation of the United Kingdom electricity system. However, the optimal level of renewable energy as a proportion of total demand is still being debated. In this paper,…
Carbon pricing has become a central pillar of modern climate policy, with carbon taxes and emissions trading systems (ETS) serving as the two dominant approaches. Although economic theory suggests these instruments are equivalent under…
Electric vehicles represent a promising technology for reducing emissions and dependence on fossil fuels and have started entering different automotive markets. In order to bolster their adoption by consumers and hence enhance their…
Sustainable finance, which integrates environmental, social and governance (ESG) criteria on financial decisions rests on the fact that money should be used for good purposes. Thus, the financial sector is also expected to play a more…
This paper investigates the role of a transmission system operator within a carbon footprint reduction strategy incorporating carbon taxes and renewable energy generation subsidies in the decentralised energy market. This is achieved via an…
We study the carbon footprint optimization (CFO) of a heavy-duty e-truck traveling from an origin to a destination across a national highway network subject to a hard deadline, by optimizing path planning, speed planning, and intermediary…
Anthropogenic emissions of CO2 must soon approach net-zero to stabilize the global mean temperature. Although several international agreements have advocated for coordinated climate actions, their implementation has remained below…
Storage is vital to power systems as it provides the urgently needed flexibility to the system. Meanwhile, it can contribute more than flexibility. In this paper, we study the possibility of utilizing storage system for carbon emission…
In this article, we propose two-stage planning models for Electricity-Gas Coupled Integrated Energy System (EGC-IES), in which traditional thermal power plants (TTPPs) are considered to be retrofitted into carbon capture power plants…
The mitigation of climate change requires a fundamental transition of the energy system. Affordability, reliability and the reduction of greenhouse gas emissions constitute central but often conflicting targets for this energy transition.…
The significant carbon footprint of the ICT sector calls for methodologies to contain carbon emissions of running software. This article proposes a novel framework for implementing, configuring and assessing carbon-aware interactive…
How should taxes on externality-generating activities be adjusted if they are regressive? In our model, the government raises revenue using distortionary income and commodity taxes. If more or less productive people have identical tastes…