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The world is currently undergoing an historic energy transition, driven by increasingly stringent decarbonisation policies and rapid advances in low-carbon technologies. The large-scale shift to low-carbon energy is disrupting the global energy system, impacting whole economies, and changing the political dynamics within and between countries. This open access book, written by leading energy scholars, examines the economic and geopolitical implications of the global energy transition, from both regional and thematic perspectives. The first part of the book addresses the geopolitical implications in the world’s main energy-producing and energy-consuming regions, while the second presents in-depth case studies on selected issues, ranging from the geopolitics of renewable energy, to the mineral foundations of the global energy transformation, to governance issues in connection with the changing global energy order. Given its scope, the book will appeal to researchers in energy, climate change and international relations, as well as to professionals working in the energy industry.
International Relations --- Energy Policy, Economics and Management --- Natural Resource and Energy Economics --- Climate Change/Climate Change Impacts --- Environmental Economics --- Earth System Sciences --- Energy transition geopolitics --- International decarbonisation policies --- Global warming --- Global energy system --- Geopolitics of the global energy transition --- Economic and political impacts of low-carbon technologies --- Power generation mix --- Geopolitical implications of global warming --- Governance of the global energy order --- Open Access --- International relations --- Energy technology & engineering --- Energy industries & utilities --- Environmental economics --- Climate change
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Energy markets are already undergoing considerable transitions to accommodate new (renewable) energy forms, new (decentral) energy players, and new system requirements, e.g. flexibility and resilience. Traditional energy markets for fossil fuels are therefore under pressure, while not-yet-mature (renewable) energy markets are emerging. As a consequence, investments in large-scale and capital intensive (traditional) energy production projects are surrounded by high uncertainty, and are difficult to hedge by private entities. Traditional energy production companies are transforming into energy service suppliers and companies aggregating numerous potential market players are emerging, while regulation and system management are playing an increasing role. To address these increasing uncertainties and complexities, economic analysis, forecasting, modeling and investment assessment require fresh approaches and views. Novel research is thus required to simulate multiple actor interplays and idiosyncratic behavior. The required approaches cannot deal only with energy supply, but need to include active demand and cover systemic aspects. Energy market transitions challenge policy-making. Market coordination failure, the removal of barriers hindering restructuring and the combination of market signals with command-and-control policy measures are some of the new aims of policies.The aim of this Special Issue is to collect research papers that address the above issues using novel methods from any adequate perspective, including economic analysis, modeling of systems, behavioral forecasting, and policy assessment.The issue will include, but is not be limited to: Local control schemes and algorithms for distributed generation systems; Centralized and decentralized sustainable energy management strategies; Communication architectures, protocols and properties of practical applications; Topologies of distributed generation systems improving flexibility, efficiency and power quality; Practical issues in the control design and implementation of distributed generation systems; Energy transition studies for optimized pathway options aiming for high levels of sustainability
energy system modelling --- storage solutions --- 100% renewable energy --- Åland --- vehicle-to-grid --- power-to-gas --- blockchain --- community --- energy market --- electric vehicle --- Demand Response --- gamification --- microgeneration --- renewable energy --- energy system modeling --- decarbonization --- global energy system model (GENeSYS-MOD) --- renewables --- India --- energy transformation --- energy transition --- sector coupling --- microgrid --- microgrid by design --- energy community --- net metering --- prosumer --- regulation --- resilience --- immunity --- Solid State Transformer --- electrostatic-driven inertia --- variable renewable energy sources --- wind power --- solar energy --- Germany --- pumped hydro storage --- system-friendly renewables --- energy storage --- ship’s electrical power system --- dynamic positioning --- blackout prevention --- maritime transportation --- energy system optimisation --- carbon dioxide reduction --- renewable energy --- sector-coupling --- open energy modelling --- market value --- decarbonization --- energy system modeling --- GENeSYS-MOD --- renewables --- energy policy --- energy transformation --- Energiewende --- European electricity system --- interconnector capacities --- delayed grid expansion --- electricity market modeling --- decarbonization --- renewable integration --- renewable transition --- numeric modelling --- Mexico --- climate policies --- energy transition --- energy policy --- GENeSYS-MOD --- island energy system transition --- 100% RE pathways --- RE integration --- smart grid technologies --- energy sector integration --- smart energy system --- Samsø --- Orkney --- Madeira --- transport sector --- transportation demand --- final energy demand --- road --- rail --- marine --- aviation --- levelized cost of mobility --- greenhouse gas emissions --- electrification --- agent-based modelling --- flexibility --- renewable energy --- electricity markets
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