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The evolution of smart microgrid and its demand-response characteristics not only will change the paradigms of the century-old electric grid but also will shape the electricity market. In this new market scenario, once always energy…
Data centers have become one of the major energy consumers, making their low-carbon operations critical to achieving global carbon neutrality. Although distributed data centers have the potential to reduce costs and emissions through…
Battery electric freight trains are crucial for decarbonization by providing zero-emission transportation alternatives. The proper adoption of battery electric freight trains depends on an efficient battery electrification strategy,…
This study employs the Causal Machine Learning (CausalML) statistical method to analyze the influence of electricity pricing policies on carbon dioxide (CO2) levels in the household sector. Investigating the causality between potential…
In June 2026, the UK government will set its carbon budget for the period 2038 to 2042, the seventh such carbon budget (CB7) since the Climate Change Act became law in 2008. For the first time, this carbon budget will be accompanied by a…
Cryptocurrency markets present formidable challenges for trading strategy optimization due to extreme volatility, non-stationary dynamics, and complex microstructure patterns that render conventional parameter optimization methods…
The European Union (EU) aims to reach carbon neutrality by 2050. This requires capturing CO2, eventually transporting it to different regions, and either converting it into valuable products or sequestering it underground. Although the…
District heating networks are considered a key factor for enabling emission-free heat supply, while many existing networks still heavily rely on fossil fuels. With district heating network pipes easily exceeding a lifetime of 30 years,…
This paper proposes and analyzes a stationary equilibrium model for a competitive industry which endogenously determines the carbon price necessary to achieve a given emission target. In the model, firms are identified by their level of…
Decarbonizing the energy sector is one of the main challenges to combat the climate crisis. Cities play an important role to reach climate neutrality as more than 70% of global CO2 emissions originate from urban areas. Decarbonization of…
Europe's contribution to global warming will be determined by the cumulative emissions until climate neutrality is achieved. In this paper, we investigate alternative transition paths under carbon budgets corresponding to temperature…
Appropriately designed renewable support policies can play a leading role in promoting renewable expansions and contribute to low emission goals. Meanwhile, ill-designed policies may distort electricity markets, put power utilities and…
Carbon accounting is a fundamental building block in our global path to emissions reduction and decarbonization, yet many challenges exist in achieving reliable and trusted carbon accounting measures. We motivate that carbon accounting not…
In European day-ahead electricity markets, carbon allowance costs passed through by marginal fossil plants raise consumer expenditure and generate inframarginal rents for non-emitting generators. We propose a settlement modification: when…
We propose a two-stage multi-objective optimization framework for full scheme solar cell structure design and characterization, cost minimization and quantum efficiency maximization. We evaluated structures of 15 different cell designs…
The European Union Emissions Trading System (EU ETS), the world's first and largest cap-and-trade carbon market, is a cornerstone of EU climate policy. This study provides a comprehensive empirical analysis of the EU carbon market's…
With the rapid growth of artificial intelligence (AI) and cloud services, data centers have become critical infrastructures driving digital economies, with increasing energy demand heightening concerns over electricity use and carbon…
In order to improve energy utilization and reduce carbon emissions, this paper presents a comprehensive energy system economic operation strategy of Incineration power plant Power-to-gas (P2G) with waste heat recovery. First, consider the…
The use of renewable energies strengthens decarbonization strategies. To integrate volatile renewable sources, energy systems require grid expansion, storage capabilities, or flexible consumption. This study focuses on industries that adapt…
The latest trends in the adoption of cloud, edge, and distributed computing, as well as a rise in applying AI/ML workloads, have created a need to measure, monitor, and reduce the carbon emissions of these compute-intensive workloads and…