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Potential strategies for the development and large-scale application of renewable energy sources aimed at reducing the usage of carbon-based fossil fuels are assessed here, especially in the event of the abandonment of such fuels. The aim…

Global warming is one of the main threats to the future of humanity and extensive emissions of greenhouse gases are found to be the main cause of global temperature rise as well as climate change. During the last decades international…

General Economics · Economics 2021-05-13 Markus Schlott , Omar El Sayed , Mariia Bilousova , Fabian Hofmann , Alexander Kies , Horst Stöcker

A multi-objective framework for hydrogen supply chain (HSC) planning is developed for island contexts, incorporating Mixed-Integer Linear Programming (MILP) over multiple time periods. The model minimizes total system cost, greenhouse gas…

In the context of the Paris Agreement, Chile has pledged to reduce Greenhouse Gases (GHG) intensity by at least 30% below 2007 levels by 2030, and to phase out coal as a energy source by 2040, among other strategies. In pursue of these…

General Economics · Economics 2021-02-23 Pía Amigo , Sebastián Cea-Echenique , Felipe Feijoo

The generation of synthetic natural gas from renewable electricity enables long-term energy storage and provides clean fuels for transportation. In this article, we analyze fully renewable Power-to-Methane systems using a high-resolution…

Physics and Society · Physics 2020-02-17 Simon Morgenthaler , Christopher Ball , Jan Koj , Wilhelm Kuckshinrichs , Dirk Witthaut

Greenhouse gas (GHG) metrics, that is, conversion factors to evaluate the emissions of non-CO2 climate forcers on a common scale with CO2, serve crucial functions upon the implementation of the Paris Agreement. While different metrics have…

Physics and Society · Physics 2021-06-04 Katsumasa Tanaka , Olivier Boucher , Philippe Ciais , Daniel J. A. Johansson , Johannes Morfeldt

In power markets, Green Power Purchase Agreements have become an important contractual tool of the energy transition from fossil fuels to renewable sources such as wind or solar radiation. Trading Green PPAs exposes agents to price risks…

Computational Finance · Quantitative Finance 2025-03-18 Richard Biegler-König , Daniel Oeltz

The expansion of renewable energy sources leads to volatility in electricity generation within energy systems. Subsurface storage of hydrogen in salt caverns can play an important role in long-term energy storage, but their global potential…

General Economics · Economics 2025-04-18 David Franzmann , Thora Schubert , Heidi Heinrichs , Peter A. Kukla , Detlef Stolten

The total electricity consumption from offshore oil/gas platforms is around 16 TWh worldwide in 2019. The majority offshore platforms are powered by the diesel generators while the rest mainly uses gas turbines, which emits large amounts of…

Systems and Control · Electrical Eng. & Systems 2022-08-16 Cunzhi Zhao , Xingpeng Li

Hydrogen produced through electrolysis with renewable power is considered key to decarbonize several hard-to-electrify sectors. This work proposes a novel approach to model the active electricity market participation of co-located renewable…

Optimization and Control · Mathematics 2025-07-03 Andrea Gloppen Johnsen , Lesia Mitridati , Jalal Kazempour , Line Roald

A transition to a fully global renewable energy infrastructure is potentially possible in no more than a few decades, even using current wind/solar technologies. We demonstrate that at its completion this transition would terminate…

Atmospheric and Oceanic Physics · Physics 2016-03-23 Peter D. Schwartzman , David W. Schwartzman , Xiaochun Zhang

Fossil gas is sometimes presented as an enabler of variable solar and wind generation beyond 2050, despite being a primary source of greenhouse gas emissions from methane leakage and combustion. We find that balancing solar and wind…

Computational Engineering, Finance, and Science · Computer Science 2025-12-24 Timothy Weber , Cheng Cheng , Harry Thawley , Kylie Catchpole , Andrew Blakers , Bin Lu , Jennifer Zhao , Anna Nadolny

Certification of low emissions products is crucial to ensure that they can attract a "green premium" in international markets but need to be designed so that they do not impose undue regulatory burden or drive-up production costs. In this…

Optimization and Control · Mathematics 2025-03-28 Chengzhe Li , Lee V. White , Reza Fazeli , Anna Skobeleva , Michael Thomas , Shuang Wang , Fiona J. Beck

Meeting the defined greenhouse gas (GHG) reduction targets in Germany is only possible by switching to renewable technologies in the energy sector. A major share of that reduction needs to be covered by the heat sector, which accounts for…

General Economics · Economics 2020-03-24 Matthias Jordan , Volker Lenz , Markus Millinger , Katja Oehmichen , Daniela Thrän

Enhanced Geothermal Systems (EGS) can provide constant, reliable electricity and heat with minimal emissions, but high drilling costs and uncertain cost reductions leave their future unclear. We explore scenarios for the future adoption of…

Physics and Society · Physics 2025-01-14 Lukas Franken , Elisabeth Zeyen , Orestis Angelidis , Tom Brown , Daniel Friedrich

We identify potential early markets for fusion energy and their projected cost targets, based on analysis and synthesis of many relevant, recent studies and reports. Because private fusion companies aspire to start commercial deployment…

Physics and Society · Physics 2021-07-13 Malcolm C. Handley , Daniel Slesinski , Scott C. Hsu

Hydrogen is an integral component of the current energy transition roadmap to decarbonize the economy and create an environmentally-sustainable future. However, surface storage options (e.g., tanks) do not provide the required capacity or…

Electrification of all economic sectors and solar photovoltaics (PV) becoming the lowest-cost electricity generation technology in ever more regions give rise to new potential gains of trade. We develop a stylized analytical model to…

General Economics · Economics 2022-05-04 Javier López Prol , Karl W. Steininger , Keith Williges , Wolf D. Grossmann , Iris Grossmann

Green technology is viewed as a means of creating a sustainable society and a catalyst for sustainable development by the global community. It is responsible for both the potential reduction of production waste and the reduction of carbon…

In the global pursuit of sustainable energy solutions, mitigating carbon dioxide (CO2) emissions stands as a pivotal challenge. With escalating atmospheric CO2 levels, the imperative of direct air capture (DAC) systems becomes evident.…

General Economics · Economics 2024-10-22 Sunwoo Kim , Joungho Park , Jay H. Lee
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