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The high variability of renewable energy resources presents significant challenges to the operation of the electric power grid. Conventional generators can be used to mitigate this variability but are costly to operate and produce carbon…
Decarbonization of isolated or off-grid energy systems through phase-in of large shares of intermittent solar or wind generation requires co-installation of energy storage or continued use of existing fossil dispatchable power sources to…
RF energy harvesting (RFEH) is a promising technology for energy requirements of wireless communication nodes. However, providing sufficient amount of energy to ensure self-sufficient devices based on RFEH may be challenging. In this paper,…
The sheer scale and diversity of transportation make it a formidable sector to decarbonize. Here, we consider an emerging opportunity to reduce carbon emissions: the growing adoption of semi-autonomous vehicles, which can be programmed to…
Regime-switching poses both problems and opportunities for portfolio managers. If a switch in the behaviour of the markets is not quickly detected it can be a source of loss, since previous trading positions may be inappropriate in the new…
In this paper we investigate the causal impact of the European Union Emissions Trading System, a cap-and-trade scheme limiting greenhouse gas emissions of firms, on their environmental performance. Although previous studies have focused…
This paper proposes a novel congestion mitigation strategy for low voltage residential feeders in which the rising power demand due to the electrification of the transport and heating systems leads to congestion problems. The strategy is…
A transition to a low-carbon electricity supply is crucial to limit the impacts of climate change. Reducing carbon emissions could help prevent the world from reaching a tipping point, where runaway emissions are likely. Runaway emissions…
The Intergovernmental Panel on Climate Change proposes different mitigation strategies to achieve the net emissions reductions that would be required to follow a pathway that limits global warming to 1.5{\deg}C with no or limited overshoot.…
Achieving net-zero emissions requires rapid innovation, yet the necessary technological knowhow is scattered across industries and countries. Comparing functionally similar green and nongreen patents, we identify "Green Building Blocks"…
Climate physical risks pose an increasing threat to urban infrastructure, necessitating urgent climate adaptation measures to protect lives and assets. Implementing such measures, including the development of resilient infrastructure and…
Carbon emissions significantly contribute to climate change, and carbon credits have emerged as a key tool for mitigating environmental damage and helping organizations manage their carbon footprint. Despite their growing importance across…
We examine the relationship among photovoltaic (PV) investments, energy production, and environmental impact using a dynamic optimization model. Our findings show that increasing investment in renewables supports both energy generation and…
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…
This study explores the impact of nuclear energy technology budgeting and artificial intelligence on carbon dioxide (CO2) emissions in 20 OECD economies. Unlike previous research that relied on conventional panel techniques, we utilize the…
Averting the impending harms of climate change requires to replace fossil fuels with renewables as a primary source of energy. Non-electric renewable potential being limited, this implies extending the use of electricity generated from wind…
Precise and reliable climate projections are required for climate adaptation and mitigation, but Earth system models still exhibit great uncertainties. Several approaches have been developed to reduce the spread of climate projections and…
The debate between active and passive investment strategies has been ongoing for many years and is far from being over. In this paper, we show that the choice of an optimal portfolio management strategy depends on an investment climate,…
We develop a financial market model in which a large population of firms chooses dynamic emission strategies under climate transition risk, interacting with both environmentally concerned and neutral investors. Firms face a trade-off…
In this paper, we examine the maximization of energy efficiency (EE) in next-generation multi-user MIMO-OFDM networks that evolve dynamically over time - e.g. due to user mobility, fluctuations in the wireless medium, modulations in the…