Analysis of economic indicators of electricity production in the Republic of Kazakhstan

Implications of climate change mitigation and socioeconomic development on the U.S. electric power sector

Objective: Climate risk is one of the major challenges for the energy sector globally. The energy transition and the struggle against climate change are putting increasing pressure on energy entities as well as create a need for action to mitigate climate risks. The purpose of this article is to characterise climate risk in the energy sector, with a focus on the electric power sector, as well as to review their impact on the functioning of energy entities. Research Design & Methods: This article reviews the literature and uses publicly available data on the operation of the electricity system and the price of CO2 emission allowances in the EU ETS so as to characterise the impact of climate risk on the energy sector with a particular focus on the Polish electricity sector. Findings: Climate risk is one of the most important risks determining the functioning of entities in the energy sector and affecting the energy transition. It manifests itself in the form of the emergence of a set of new risks: carbon risk, weather risk, financial risk, regulatory risk, and social risk, all of which directly affect energy operators and reshape the energy sector. Implications/Recommendations: The above creates the need to adapt and adjust to current market trends as well as the need to mitigate climate risks in order to keep a market position. It is, therefore, necessary to implement climate risk management measures to adapt the company’s operations to changing market realities and an increasing exposure to climate risk. The results of the study can be used by policymakers and decision-makers responsible for energy policy and companies’ strategy related to energy transition and compliance with the ESG standards. Contribution/Value added: The research contributes to the field of climate risk in the energy sector. The value added of the paper is the interdisciplinary approach to a broad concept of climate risk, consisting both of transition and physical risks, with a detailed analysis about its influence on the energy sector.

A comparative study of sectoral renewable energy consumption and GDP in the U.S.: Evidence from a threshold approach

The psychology of socio-technical systems: Professionalism, power, and personality in the electricity sector

As an essential measure to mitigate the CO2 emissions, China is constructing a nationwide carbon emission trading (CET) market. The electric power industry is the first sector that will be introduced into this market, but the quota allocation scheme, as the key foundation of market transactions, is still undetermined. This research employed the gross domestic product (GDP), energy consumption, and electric generation data of 30 provinces from 2001 to 2015, a hybrid trend forecasting model, and a three-indicator allocation model to measure the provincial quota allocation for carbon emissions in China’s electric power sector. The conclusions drawn from the empirical analysis can be summarized as follows: (1) The carbon emission peak in China’s electric power sector will appear in 2027, and peak emissions will be 3.63 billion tons, which will surpass the total carbon emissions of the European Union (EU) and approximately equal to 2/3 of the United States of America (USA). (2) The developed provinces that are supported by traditional industries should take more responsibility for carbon mitigation. (3) Nine provinces are expected to be the buyers in the CET market. These provinces are mostly located in eastern China, and account for approximately 63.65% of China’s carbon emissions generated by the electric power sector. (4) The long-distance electric power transmission shifts the carbon emissions and then has an impact on the quotas allocation for carbon emissions. (5) The development and effective utilization of clean power generation will play a positive role for carbon mitigation in China’s electric sector.

Anatomy of a future energy crisis Restructuring and the energy sector in New Zealand

The main results of the LCA case studies were applied in the energy and electric power sector in Korea are summarized. Alternative policies to address global climate change are being debated in many countries. In order to provide comprehensive analyses in support of this process, many assessment models have been developed. Some of models were also expanded for dealing with the effects of greenhouse gas emission. Among them, the LCA was compiled in the model and used as a tool of the technical assessment of electric power sector. In this paper representative analytic methodologies applicable to the LCA are also discussed to judge their usefulness and applicability in the energy and electric power sector.

There is a change in technological patterns in the world, a transition to the sixth technological order, and the main global trends in the development of high technologies have been identified. Innovation is still a key factor in technological development and economic growth. Innovation does not generate new value, but redistributes it, but in the process of its «templating», the consumption of innovation becomes part of the newly produced value, and this stage becomes a source of economic dynamics. The choice of priorities for innovative development depends on the level of innovation and industrial and technological development. The logical-theoretical method, comparative analysis, generalization, and statistical method were used in the work. The article examines the current innovative and technological situation in Kazakhstan in the context of changing technological patterns. The content of the main technological directions allocated by the state as priorities along the path of innovative and technological development of the country is revealed. The world trends in the development of high technologies, factors of innovative development are presented. Startups funded by a domestic venture fund are considered. Recommendations for the implementation of innovative development are proposed, which include strengthening investment and innovation activity. Measures are allocated for the implementation of the National Development Plan of the Republic of Kazakhstan until 2029. Keywords: technological structure, National Development Plan of the country, innovative and technological development, startups, venture fund, economic growth, investment and innovation activity.

Successive government in Nigeria have made series of attempts aimed at addressing issues such as energy access, poverty, unemployment, and inequality. These efforts have been undermined by structural impediments which include inadequate institutional capacity, lack of policy coherence and consistency, inadequate funding in energy infrastructure, inadequate technical capabilities, as well as social and cultural barriers. In Nigeria, the issue of adequate power supply has long been a significant challenge impeding economic growth, social development, and overall quality of life. The country's power sector faces various issues such as insufficient generation capacity, poor infrastructure, high transmission losses, and inadequate distribution networks. This paper is aimed at examining and analysing the current state of Nigeria's energy sector and its implications for the attainment of SDGs. It explores statistical information to facilitate a comprehensive understanding of the Nigeria’s energy environment and informed strategic decisions in the formulation and implementation of energy policies towards achieving the SDGs. This is because the attainment of the SDGs in Nigeria is intricately linked to the transformation of its electric power sector. By prioritizing efforts to enhance energy access, drive economic growth, and embrace environmentally sustainable practices, Nigeria can make substantial progress towards realizing these global objectives.

OPTIMAL IN THE NATIONAL ENERGY SECTOR DIRECTIONS OF FORMATION OF INFRASTRUCTURE COMPLEX

Sustainability reporting is a growing trend, driven by increasing environmental concerns, social change and public interest. It has emerged as a key tool for corporate transparency and accountability, particularly in high-impact industries such as electricity. Companies in the electricity sector face heightened expectations to disclose their sustainability performance due to their significant environmental footprint and strategic importance. The electricity sector has an important role to play in achieving the Sustainable Development Goals and the EU commitment to become CO2 neutral by 2050, This study examines reporting practices, focusing on the electricity sector’s commitment to sustainability and its alignment with the Sustainable Development Goals (SDGs). Using a mixed-methods approach, it identifies key areas of focus in sustainability reporting and challenges in the sector among Bulgarian companies. The findings indicate that sustainability reporting in the Bulgarian electricity sector is evolving, with companies increasingly aligning their disclosures with sustainability reporting regulations. Sustainability disclosures predominantly emphasise environmental sustainability, in line with carbon emission reduction, energy efficiency and renewable energy integration, as well as social issues related to employees. It was found that the key drivers of sustainability reporting include regulatory requirements, investor expectations and corporate social responsibility commitments, while challenges stem from data collection difficulties and lack of expertise. This research contributes to the literature by providing an in-depth assessment of sustainability reporting in the Bulgarian electricity sector. It fills a research gap and offers insights that improve our understanding of the dynamics of sustainability reporting in Bulgaria. In conclusion, while progress is evident, continuous improvement in sustainability reporting remains essential for the electricity sector’s transition to a more responsible and environmentally conscious future.

Startups versus incumbents in ‘green’ industry transformations: A comparative study of business model archetypes in the electrical power sector

The purpose of this paper is - by reporting an experience of structuring processes and tools related to the strategic management of R&D in the electricity sector – to show the conditions and potential for improved efficiency, efficacy, and effectiveness in the R&D program set by ANEEL. The methodology is action research. This is because the proposed and tested model is the result of reflection and resolution of critical organizational issues, applied in a public company in the electric power sector. Act No. 9,991 of July 24, 2000 provides for the obligation on the part of concessionaires, permittees, and licensees in the electric power sector to invest part of their operating revenue in research and development (R&D). For the effective implementation of these legal obligations, companies prepare their annual R&D programs, comprising projects that aim at developing innovative solutions for their processes and increasing business efficiency. However, the urgency to comply with the contractual provisions, coupled with the small amount of experience most companies have when it comes to carrying out R&D activities and projects, has led to the gradual formation of a mode of R&D implementation and management that does not favor its optimization and alignment with the goals the utility companies and the sector’s own technological development . The approach proposed in this paper consists of structuring the processes and tools related to the management of R&D driven by innovation (R&D+i) and aligned with with the business strategy. These processes include the adoption of procedures and tools to manage structured, integrated decision-making flows involved in the innovation process, aiming at full alignment with business goals and objectives.

The electric power sector is one of the most important components of the development of the national economy, which confirms the importance of Ukraine’s implementation of the successful experience of other countries in the field of applying innovations in the energy sector and the need to introduce innovations in the energy sector. This involves the effective use of the existing innovation potential of electric power enterprises and a fundamental analysis of innovation processes in the energy sector. The purpose of the article is the development of conceptual principles for increasing the innovative activity of electric power enterprises in the system of strategic management of their activities. The theoretical and methodological basis of the research is the work of domestic and foreign scientists. The basis of the research methodology is a systematic approach, within which the following logical, general scientific, theoretical and empirical methods are applied: content analysis – for the systematization of approaches to the interpretation of the definition, innovative activity and development of the author’s definition; abstract-logical method – for building the logic of research, for theoretical generalizations and formulation of research conclusions; deductions – to identify individual factors affecting the innovative activity of electric power enterprises; analysis and synthesis – to determine trends in the innovative activity of electric power enterprises. The graphic method made it possible to visualize the obtained research results. The results of the study are the determination of the main problems that prevent the implementation of innovative activity of electric power enterprises, and the justification of the main goals of increasing the innovative activity of electric power enterprises. The article identifies the current domestic trends in the innovative activity of energy enterprises, which made it possible to justify the need to strengthen the role of innovative activity of electric power enterprises as a fundamental factor in their competitiveness. The authors formed the conceptual foundations of the innovative activity of electric power enterprises in the strategic management system, in particular, the interpretation of innovative activity was systematized with the definition of certain properties to provide the author’s interpretation of this definition. The dialectical contradiction between the concepts of the development of economic systems through the prism of innovations has been resolved. The scientific novelty of the study consists in the development of the concept of innovative activity of electric power enterprises in the system of strategic management, taking into account the challenges of the internal and external environment.

Polarization of CO2 emissions in China's electricity sector: Production versus consumption perspectives