Secure and Sustainable Energy System

Dear Colleagues,

Alarming reports from the Intergovernmental Panel on Climate Change (IPCC) have shown that climate change is a pressing matter that needs to be addressed, and in 2015, United Nations (UN) members agreed upon keeping global warming below 2°C through their Nationally Determined Contribution. The UN also acknowledged the matter by adding ‘Climate Action’ as one of their Sustainable Development Goals (SDGs). Yet, IPCC and the UN Environment Programme (UNEP) reports keep highlighting that further actions need to be taken to reach this goal and fulfill SDGs. Increasing the share of sustainable energy resources in the energy baskets would not only reduce Green House Gas (GHG) emissions — in line with the SDGs and the Paris Agreement — but would also increase energy security (Taghizadeh et al. 2019).

Several developed and developing economies are still following pro-fossil fuel energy policies, and the extra GHG generated by new coal-fired power plants could more than wipe out any reductions in emissions made by other nations. One of the biggest barriers in the development of sustainable energy system is the low level of investment (Sachs, Woo, Yoshino, and Taghizadeh-Hesary, 2019). The lack of long‐term financing, the low rate of return, the existence of various risks, and the lack of capacity of market players are major challenges for the development of sustainable energy systems. (Taghizadeh-Hesary and Yoshino, 2019; 2020).

With this background, this Special Issue aims to collect high-quality, unpublished, empirical case studies or thematic studies that assess the challenges for the development of secure and sustainable energy systems and provide practical policy recommendations. Empirical studies need to be developed based on well-established theoretical frameworks. Papers needs to be prepared based on the “Sustainability” guideline for the authors.

Guest Editors,

Reference:

Sachs J.D., Woo W.T., Yoshino N., Taghizadeh-Hesary F. (2019) Importance of Green Finance for Achieving Sustainable Development Goals and Energy Security. Handbook of Green Finance. Energy Security and Sustainable Development. Sachs J.D., Woo W.T., Yoshino N., Taghizadeh-Hesary F. (eds.), Tokyo: Springer

Taghizadeh-Hesary, F., Yoshino, N., Chang, Y., Rillo, A.D. (2019). Introduction. Achieving Energy Security in Asia: Diversification, Integration and Policy Implications. F. Taghizadeh-Hesary, N. Yoshino, Y. Chang, A.D. Rillo (eds.) Singapore: World Scientific

Taghizadeh-Hesary F., Yoshino N. (2019). The way to induce private participation in green finance and investment, Finance Research Letters, 31: 98-103

Taghizadeh-Hesary, F.; Yoshino, N. (2020). Sustainable Solutions for Green Financing and Investment in Renewable Energy Projects. Energies, 13, 788, https://doi.org/10.3390/en13040788

Prof. Dr. Farhad Taghizadeh–Hesary
Dr. Han Phoumin
Guest Editors

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