Search Results (2,152)

With the rapid development of energy transformation, the proportion of new energy is increasing, and the efficient trading mechanism of multi-microgrids can realize energy sharing to improve the consumption rate of new energy. A distributed multi-microgrid cooperative energy sharing strategy is proposed based on Nash bargaining. Firstly, by comprehensively considering the adjustable heat-to-electrical ratio, ladder-type positive and negative carbon trading, peak–valley electricity price and demand response, a multi-microgrid system with wind–solar-storage-load and combined heat and power is constructed. Then, a multi-microgrid cooperative game optimization framework is established based on Nash bargaining, and the complex nonlinear problem is decomposed into two stages to be solved. In the first stage, the cost minimization problem of multi-microgrids is solved based on the alternating direction multiplier method to maximize consumption rate and protect privacy. In the second stage, through the established contribution quantification model, Nash bargaining theory is used to fairly distribute the benefits of cooperation. The simulation results of three typical microgrids verify that the proposed strategy has good convergence properties and computational efficiency. Compared with the independent operation, the proposed strategy reduces the cost by 41% and the carbon emission by 18490kg, thus realizing low-carbon operation and optimal economic dispatch. Meanwhile, the power supply pressure of the main grid is reduced through energy interaction, thus improving the utilization rate of renewable energy. Full article

Under the background of “dual-carbon” strategy and global energy transition, the metallurgical industry, which accounts for 15–20% of industrial energy consumption, urgently needs to reduce the energy consumption and emission of DC power supply of electric furnaces. Aiming at the existing 400–800 V/≥3000 A industrial-frequency transformer-rectifier system with low efficiency, large volume, heat dissipation difficulties and other bottlenecks, this thesis proposes and realizes a high-frequency integrated DC power supply scheme for high-power electric furnaces: high-frequency transformer core and rectifier circuit are deeply integrated, which breaks through and reduces the volume of the system by more than 40%, and significantly reduces the iron consumption; multiple cores and three windings in parallel are used for the system. The topology of multiple cores and three windings in parallel enables several independent secondary stages to share the large current of 3000 A level uniformly, eliminating the local overheating and current imbalance; the combination of high-frequency rectification and phase-shift control strategy enhances the input power factor to more than 0.95 and cuts down the grid-side harmonics remarkably. The authors have completed the design of 100 kW prototype, magneto-electric joint simulation, thermal structure coupling analysis, control algorithm development and field comparison test, and the results show that the program compared with the traditional industrial-frequency system efficiency increased by 12–15%, the system temperature rise reduced by 20 K, electrode voltage increased by 10–15%, the input power of furnace increased by 12%, and the harmonic index meets the requirements of the traditional industrial-frequency system. The results show that the efficiency of this scheme is 12–15% higher than the traditional IF system, the temperature rise in the system is 20 K lower, the voltage at the electrode end is 10–15% higher, the input power of the furnace is increased by 12%, and the harmonic indexes meet the requirements of GB/T 14549, which verifies the value of the scheme for realizing high efficiency, miniaturization, and reliable DC power supply in metallurgy. Full article

Hydrogen offers an effective pathway for the large-scale storage of renewable energy. For a tourist city located in a plateau region rich in renewable energy, hydrogen shows great potential for reducing carbon emissions and utilizing uncertain renewable energy. Herein, the wind–solar–hydrogen stand-alone and grid-connected systems in the plateau tourist city of Lijiang City in Yunnan Province are modeled and techno-economically evaluated by using the HOMER Pro software (version 3.14.2) with the multi-criteria decision analysis models. The system is composed of 5588 kW solar photovoltaic panels, an 800 kW wind turbine, a 1600 kW electrolyzer, a 421 kWh battery, and a 50 kW fuel cell. In addition to meeting the power requirements for system operation, the system has the capacity to provide daily electricity for 200 households in a neighborhood and supply 240 kg of hydrogen per day to local hydrogen-fueled buses. The stand-alone system can produce 10.15 × 10⁶ kWh of electricity and 93.44 t of hydrogen per year, with an NPC of USD 8.15 million, an LCOE of USD 0.43/kWh, and an LCOH of USD 5.26/kg. The grid-connected system can generate 10.10 × 10⁶ kWh of electricity and 103.01 ton of hydrogen annually. Its NPC is USD 7.34 million, its LCOE is USD 0.11/kWh, and its LCOH is USD 3.42/kg. This study provides a new solution for optimizing the configuration of hybrid renewable energy systems, which will develop the hydrogen economy and create low-carbon-emission energy systems. Full article

The construction industry is responsible for 39% of global CO₂ emissions related to energy use, with cement responsible for 5–8% of it. Limestone calcined clay cement (LC³), a ternary blended binder system, offers a low-carbon alternative by partially substituting clinker with calcined clay and limestone. This study investigated the use of waste clay brick powder (WBP), a waste material, as a source of calcined clay in LC³ formulations, addressing both environmental concerns and SCM scarcity. Two LC³ mixtures containing 15% limestone, 5% gypsum, and either 15% or 30% WBP, corresponding to clinker contents of 65% (LC³-65) or 50% (LC³-50), were evaluated against general purpose (GP) cement mortar. Tests included setting time, flowability, soundness, compressive and flexural strengths, drying shrinkage, isothermal calorimetry, and scanning electron microscopy (SEM). Isothermal calorimetry showed peak heat flow reductions of 26% and 49% for LC³-65 and LC³-50, respectively, indicating a slower reactivity of LC³. The initial and final setting times of the LC³ mixtures were 10–30 min and 30–60 min longer, respectively, due to the slower hydration kinetics caused by the reduced clinker content. Flowability increased in LC³-50, which is attributed to the lower clinker content and higher water availability. At 7 days, LC³-65 retained 98% of the control’s compressive strength, while LC³-50 showed a 47% reduction. At 28 days, the compressive strengths of mixtures LC³-65 and LC³-50 were 7% and 46% lower than the control, with flexural strength reductions being 8% and 40%, respectively. The porosity calculated from the SEM images was found to be 7%, 11%, and 15% in the control, LC³-65, and LC³-50, respectively. Thus, the reduction in strength is attributed to the slower reaction rate and increased porosity associated with the reduced clinker content in LC³ mixtures. However, the results indicate that the performance of LC³-65 was close to that of the control mix, supporting the viability of WBP as a low-carbon partial replacement of clinker in LC³. Full article

In the context of the global response to climate change and the active promotion of energy transformation, a number of low-carbon policies coupled with the development of synergies to help power system transformation is an important initiative. However, the insufficient articulation of the green power market, tradable green certificate (TGC) market, and carbon emission trading (CET) mechanism, and the ambiguous policy boundaries affect the trading decisions made by its market participants. Therefore, this paper systematically analyses the composition of the main players in the electricity-CET-TGC markets and their relationship with each other, and designs the synergistic mechanism of the electricity-CET-TGC markets, based on which, it constructs the optimal profit model of the thermal power plant operators, renewable energy manufacturers, power grid enterprises, power users and load aggregators under the electricity-CET-TGC markets synergy, and analyses the behavioural decision-making of the main players in the electricity-CET-TGC markets as well as the electric power system to optimise the trading strategy of each player. The results of the study show that: (1) The synergistic mechanism of electricity-CET-TGC markets can increase the proportion of green power grid-connected in the new type of power system. (2) In the selection of different environmental rights and benefits products, the direct participation of green power in the market-oriented trading is the main way, followed by applying for conversion of green power into China certified emission reduction (CCER). (3) The development of independent energy storage technology can produce greater economic and environmental benefits. This study provides policy support to promote the synergistic development of the electricity-CET-TGC markets and assist the low-carbon transformation of the power industry. Full article

The cement industry is a significant contributor to global carbon dioxide emissions, primarily due to the energy demands of its production process and its reliance on clinker, a material formed through the high-temperature calcination of limestone. Strategies to reduce emissions include the adoption of low-carbon fuels, the use of carbon capture and storage (CCS) technologies, and the integration of supplementary cementitious materials (SCMs) to reduce the clinker content. The effectiveness of these measures depends on a complex set of interactions involving technological feasibility, market dynamics, and regulatory frameworks. This study presents a system dynamics model designed to assess how various decarbonization approaches influence long-term emission trends within the cement industry. The model accounts for supply chains, production technologies, market adoption rates, and changes in cement production costs. This study then analyzes a number of scenarios where there is large-scale sustained investment in each of three carbon mitigation strategies. The results show that CCS by itself allows the cement industry to achieve carbon neutrality, but the high capital investment results in a large cost increase for cement. A combined approach using alternative fuels and SCMs was found to achieve a large carbon reduction without a sustained increase in cement prices, highlighting the trade-offs between cost, effectiveness, and system-wide interactions. Full article

Under the global context of climate governance and sustainable development, low-carbon energy transition has become a strategic imperative. As a critical force in resource allocation, the financial system’s impact on energy transition has attracted extensive academic attention. This paper presents the first comprehensive literature review on energy transition research in the context of financial development. We develop a “Financial Functions-Energy Transition Dynamics” analytical framework to comprehensively examine the theoretical and empirical evidence regarding the relationship between financial development (covering both traditional finance and emerging finance) and energy transition. The understanding of financial development’s impact on energy transition has progressed from linear to nonlinear perspectives. Early research identified a simple linear promoting effect, whereas current studies reveal distinctly nonlinear and multidimensional effects, dynamically driven by three fundamental factors: economy, technology, and resources. Emerging finance has become a crucial driver of transition through technological innovation, risk diversification, and improved capital allocation efficiency. Notable disagreements persist in the existing literature on conceptual frameworks, measurement approaches, and empirical findings. By synthesizing cutting-edge empirical evidence, we identify three critical future research directions: (1) dynamic coupling mechanisms, (2) heterogeneity of financial instruments, and (3) stage-dependent evolutionary pathways. Our study provides a theoretical foundation for understanding the complex finance-energy transition relationship and informs policy-making and interdisciplinary research. Full article

In recent years, growing concerns over environmental degradation and deepening awareness of the necessity of sustainable development have propelled green and low-carbon energy transition into a focal issue for both academia and policymakers. By decomposing energy transition into the transformation of energy structure and the upgrading of energy efficiency, this study investigates the impact and mechanisms of green finance on energy transition across 30 provinces (municipalities and autonomous regions) in China, with the exception of Tibet. In addition, the impact of climate change is incorporated into the analytical framework. Empirical results demonstrate that green finance development significantly accelerates energy transition, a conclusion robust to rigorous validation. Analysis of the mechanism shows that green finance promotes energy transition through the facilitation of technological innovation and the upgrade of industrial structures. Moreover, empirical evidence reveals that climate change undermines the promotional influence of sustainable finance on energy system transformation. The magnitude of this suppression varies nonlinearly across provincial jurisdictions with differing energy transition progress. Regional heterogeneity analyses further uncover marked discrepancies in climate–finance interactions, demonstrating amplified effects in coastal economic hubs, underdeveloped western provinces, and regions with mature eco-financial markets. According to these findings, actionable policy suggestions are put forward to strengthen green finance and accelerate energy transition. Full article

Using waste biomass as a raw material for the combined production of electricity and heat offers corresponding energy, economic, environmental and resource efficiency benefits. The study examines both the performance of a system for combined energy production based on the Organic Rankine Cycle (ORC) utilizing wood biomass and the market interest in its deployment within Bulgaria. Its objective is to propose a technically and economically viable solution for the recovery of waste biomass through the combined production of electricity and heat while simultaneously assessing the readiness of industrial and municipal sectors to adopt such systems. The cogeneration plant incorporates an ORC module enhanced with three additional economizers that capture residual heat from flue gases. Operating on 2 t/h of biomass, the system delivers 1156 kW of electric power and 3660 kW of thermal energy, recovering an additional 2664 kW of heat. The overall energy efficiency reaches 85%, with projected annual revenues exceeding EUR 600,000 and a reduction in carbon dioxide emissions of over 5800 t/yr. These indicators can be achieved through optimal installation and operation. When operating at a reduced load, however, the specific fuel consumption increases and the overall efficiency of the installation decreases. The marketing survey results indicate that 75% of respondents express interest in adopting such technologies, contingent upon the availability of financial incentives. The strongest demand is observed for systems with capacities up to 1000 kW. However, significant barriers remain, including high initial investment costs and uneven access to raw materials. The findings confirm that the developed system offers a technologically robust, environmentally efficient and market-relevant solution, aligned with the goals of energy independence, sustainability and the transition to a low-carbon economy. Full article

The green renovation of existing residential buildings is a key way for the construction industry to achieve sustainable development and the dual carbon goals of China, which makes it urgent to make collaborative decisions among multiple stakeholders. However, because of divergent interests and risk perceptions among governments, energy service companies (ESCOs), and owners, the implementation of green renovation is hindered by numerous obstacles. In this study, we integrated prospect theory and evolutionary game theory by incorporating core prospect-theory parameters such as loss aversion and perceived value sensitivity, and developed a psychologically informed tripartite evolutionary game model. The objective was to provide a theoretical foundation and analytical framework for collaborative governance among stakeholders. Numerical simulations were conducted to validate the model’s effectiveness and explore how government regulation intensity, subsidy policies, market competition, and individual psychological factors influence the system’s evolutionary dynamics. The findings indicate that (1) government regulation and subsidy policies play central guiding roles in the early stages of green renovation, but the effectiveness has clear limitations; (2) ESCOs are most sensitive to policy incentives and market competition, and moderately increasing their risk costs can effectively deter opportunistic behavior associated with low-quality renovation; (3) owners’ willingness to participate is primarily influenced by expected returns and perceived renovation risks, while economic incentives alone have limited impact; and (4) the evolutionary outcomes are highly sensitive to parameters from prospect theory, The system’s evolutionary outcomes are highly sensitive to prospect theory parameters. High levels of loss aversion (λ) and loss sensitivity (β) tend to drive the system into a suboptimal equilibrium characterized by insufficient demand, while high gain sensitivity (α) serves as a key driving force for the system’s evolution toward the ideal equilibrium. This study offers theoretical support for optimizing green renovation policies for existing residential buildings in China and provides practical recommendations for improving market competition mechanisms, thereby promoting the healthy development of the green renovation market. Full article

This paper discusses the integrated technology of CO₂ adsorption and catalysis, which combines adsorption and catalytic conversion, simplifies the traditional process, reduces energy consumption, and improves efficiency. The traditional carbon capture technology has the problems of high energy consumption, equipment corrosion, and absorbent loss, while the integrated technology realizes the adsorption, conversion, and catalyst regeneration of CO₂ in a single reaction system, avoiding complex desorption steps. Through micropore confinement and surface electron transfer mechanism, the technology improves the reactant concentration and mass transfer efficiency, reduces the activation energy, and realizes the low-temperature and high-efficiency conversion of CO₂. In terms of materials, MOF-based composites, alkali metal modified oxides, and carbon-based hybrid materials show excellent performance, helping to efficiently adsorb and transform CO₂. However, the design and engineering of reactors still face challenges, such as the development of new moving bed reactors. This technology provides a new idea for CO₂ capture and resource utilization and has important environmental significance and broad application prospects. Full article

The mining industry (MI) in mineral-rich regions is pivotal for economic growth but is challenged by significant pollution and emissions. This study examines Guangxi, a representative region in China, in light of the country’s “Dual Carbon” goals. We quantified carbon emissions from the MI from 2005 to 2021, employing the generalized Divisia index method (GDIM) to analyze the factors driving these emissions. Additionally, a system dynamics (SD) model was developed, integrating economic, demographic, energy, environmental, and policy variables to assess decarbonization strategies and the potential for carbon decoupling. The key findings include the following: (1) Carbon accounting analysis reveals a rising emission trend in Guangxi’s MI, predominantly driven by electricity consumption, with the non-ferrous metal mining sector contributing the largest share of total emissions. (2) The primary drivers of carbon emissions were identified as economic scale, population intensity, and energy intensity, with periodic fluctuations in sector-specific drivers necessitating coordinated policy adjustments. (3) Scenario analysis showed that the Emission Reduction Scenario (ERS) is the only approach that achieves a carbon peak before 2030, indicating that it is the most effective decarbonization pathway. (4) Between 2022 and 2035, carbon decoupling from total output value is projected to improve under both the Energy-Saving Scenario (ESS) and ERS, achieving strong decoupling, while the resource extraction shows limited decoupling effects often displaying an expansionary connection. This study aims to enhance the understanding and promote the advancement of green and low-carbon development within the MI in mineral-rich regions. Full article

The study presents a comprehensive assessment of the combustion efficiency of low-grade coal from the Karazhyra deposit in small- and medium-capacity boiler units of the energy workshops operated by Vostokenergo LLP (East Kazakhstan Region, Kazakhstan). It was found that the average annual thermal energy output amounts to 2,387,348.85 GJ with a coal consumption of 164,328.5 tons. Based on operational data from 2016 to 2017, the average thermal efficiency (boiler efficiency) was 66.03%, with a maximum value of 75% recorded at the Zhezkent energy workshop. The average lower heating value (LHV) of the coal was 19.41 MJ/kg, which is below the design value of 20.52 MJ/kg, indicating the use of coal with reduced energy characteristics and elevated ash content (21.4%). The unburned carbon content in the ash and slag waste (ASW) was determined to be between 14 and 35%, indicating incomplete combustion. Scanning electron microscopy (SEM) and X-ray diffraction (XRD) analyses revealed the presence of microspheres, porous granules, and coal residues, with silicon and aluminum oxides dominating the composition (up to 70.49%). Differences in the pollutant potential of ash from different boiler units were identified. Recommendations were substantiated regarding the adjustment of the air–fuel regime, modernization of combustion control systems, and utilization of ASW. The results may be used to develop measures aimed at improving the energy efficiency and environmental safety of coal-fired boiler plants. Full article

The global transition towards a low-carbon energy system urgently demands efficient and safe energy storage solutions. Aqueous zinc-ion batteries (AZIBs) are considered a promising alternative to lithium-ion batteries due to their inherent safety and environmental friendliness. However, conventional manufacturing methods are costly and labor-intensive, hindering their large-scale production. Recent advances in 3D printing technology offer innovative pathways to address these challenges. By combining design flexibility with material optimization, 3D printing holds the potential to enhance battery performance and enable customized structures. This review systematically examines the application of 3D printing technology in fabricating key AZIB components, including electrodes, electrolytes, and integrated battery designs. We critically compare the advantages and disadvantages of different 3D printing techniques for these components, discuss the potential and mechanisms by which 3D-printed structures enhance ion transport and electrochemical stability, highlight critical existing scientific questions and research gaps, and explore potential strategies for optimizing the manufacturing process. Full article

This paper examines the changing role of emissions trading systems (ETSs) within the macro-financial framework of energy markets, emphasizing price dynamics and systemic spillovers. Utilizing monthly data from seven ETS jurisdictions spanning January 2021 to December 2024 (N = 287 observations after log transformation and first differencing), which includes four auction-based markets (United States, Canada, United Kingdom, South Korea), two secondary markets (China, New Zealand), and a government-set fixed-price scheme (Germany), this research estimates a panel vector autoregression (PVAR) employing a Common Correlated Effects (CCE) model and augments it with machine learning analysis utilizing XGBoost and explainable AI methodologies. The PVAR-CEE reveals numerous unexpected findings related to carbon markets: ETS returns exhibit persistence with an autoregressive coefficient of −0.137 after a four-month lag, while increasing inflation results in rising ETS after the same period. Furthermore, ETSs generate spillover effects in the real economy, as elevated ETSs today forecast a 0.125-point reduction in unemployment one month later and a 0.0173 increase in inflation after two months. Impulse response analysis indicates that exogenous shocks, including Brent oil prices, policy uncertainty, and financial volatility, are swiftly assimilated by ETS pricing, with effects dissipating completely within three to eight months. XGBoost models ascertain that policy uncertainty and Brent oil prices are the most significant predictors of one-month-ahead ETSs, whereas ESG factors are relevant only beyond certain thresholds and in conditions of low policy uncertainty. These findings establish ETS markets as dynamic transmitters of macroeconomic signals, influencing energy management, labor changes, and sustainable finance under carbon pricing frameworks. Full article