Greenhouse gas (GHG) emissions reduction in the electricity sector: Implications of increasing renewable energy penetration in Ghana's electricity generation mix

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Greenhouse gas (GHG) emissions reduction in the electricity sector: Implications of increasing renewable energy penetration in Ghana's electricity generation mix

ReferencesShowing 10 of 21 papers
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Challenges of renewable energy development and deployment in Ghana: perspectives from developers
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Estimation of CO2 Emissions of Fossil-Fueled Power Plants in Ghana: Message Analytical Model
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Toward a sustainable environment: Nexus between CO2 emissions, resource rent, renewable and nonrenewable energy in 16-EU countries
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Assessing Ghana's carbon dioxide emissions through energy consumption structure towards a sustainable development path
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Investigating the multivariate Granger causality between energy consumption, economic growth and CO2 emissions in Ghana
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  • Energy Policy
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Energy Consumption, Economic Growth and Carbon Emissions: Evidence from the Top Three Emitters in Africa
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GHG Mitigation in Power Sector: Analyzes of Renewable Energy Potential for Thailand’s NDC Roadmap in 2030
  • Oct 1, 2017
  • Energy Procedia
  • Tri Vicca Kusumadewi + 3 more

CitationsShowing 10 of 15 papers
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Economic Challenges and Future Perspectives for Industrial Scale Biocrude Production
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Reinvestigating the EKC hypothesis: Does renewable energy in power generation reduce carbon emissions and ecological footprint?
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Reinvestigating the EKC hypothesis: Does renewable energy in power generation reduce carbon emissions and ecological footprint?

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ENERGÍAS RENOVABLES Y MITIGACIÓN DE GASES DE EFECTO INVERNADERO: UN ANÁLISIS BASADO EN REVISIÓN SISTEMÁTICA
  • Jun 20, 2025
  • Nativa
  • Santos Andrés Castillo-Vargas + 2 more

El objetivo del presente estudio, fue evaluar el impacto de distintas fuentes de ER en la reducción de GEI y su aplicación en diversos sectores. A nivel metodológico, se realizó una revisión sistemática de literatura, utilizando el método PICO, a través de la cual se definieron las palabras claves y con el uso de conectores booleanos (OR y AND) y la aplicación de criterios de inclusión y exclusión, se seleccionaron 27 artículos de Scopus, ScienceDirect y WoS, los cuales sirvieron para el análisis. Los resultados obtenidos mostraron que las ER apuntan a una reducción de GEI, en los sistemas híbridos la solar y eólica tienen una participación del 100% y 90,90% respectivamente, mientras que la biomasa e hidroeléctrica ofrecen beneficios en regiones con disponibilidad en infraestructuras hidroeléctricas y residuos orgánicos. No obstante, la adopción de ER enfrenta barreras económicas, técnicas y regulatorias, como altos costos iniciales y falta de infraestructura. Se concluyó que, las ER representan una alternativa viable para mitigar los GEI y combatir el cambio climático. Sin embargo, su expansión requiere políticas públicas, incentivos económicos y avances tecnológicos que permitan superar las barreras existentes y fomentar una transición energética sostenible. Palabras-clave: sostenibilidad energética; impacto ambiental; ecoeficiência; transición energética.

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  • Cite Count Icon 9
  • 10.1109/access.2023.3347432
Integrating Forecasting Service and Gen2 Blockchain Into a Local Energy Trading Platform to Promote Sustainability Goals
  • Jan 1, 2024
  • IEEE Access
  • Liaqat Ali + 7 more

Peer-to-peer (P2P) trading in a local energy market (LEM) offers various participants the opportunity to negotiate and strike energy deals among themselves using a distributed ledger technology called blockchain. In this paper, a new local model is presented using a layer-2 scalability solution for secondgeneration (Gen2) blockchain technology to enable P2P trading among four types of participants: consumers, prosumers with solar photovoltaic (PV) systems, prosumers with solar PV systems and battery energy storage systems (BESSs), and electric vehicles (EVs). The proposed LEM trading platform involves several critical steps, including the creation of typical forecasting profiles for load consumption, solar generation, and battery state-of-charge (SOC) through a forecasting solution. Next, the LEM participants place their pricing bids using a trading agent service, and the trading engine collects the profiles data and bid prices, which performs matchmaking in a forward-facing market. The output of the trading engine consists of dispatch signals for prices and energy values that are sent to each participant to execute actual trading. Furthermore, the trading engines store the accepted and past bidding data and energy values of P2P trades for each participant in blockchain technology, which can be retrieved and displayed on the LEM user interface screens of participants and administrators using their blockchain addresses at any time during the trading process. This study focuses on simulating proposed LEM models, incorporating functional limitations and market rules. These rules aim to reduce energy costs, enhance margins for utilities and retailers, and mitigate grid congestion through BESSs, resulting in reduced operational and capital expenditure. LEM outcomes are analysed and compared with a Business-as-usual (BAU) model. Participants' energy trading behaviour, costrevenue dynamics, grid impact, and blockchain implementation costs are explored. The study highlights LEM benefits in terms of reduced CO2 emissions by 984 kg CO2, increased self-sufficiency by 2.2%, and improved financial benefits of all participants by 21.6%. The use of modern blockchain technology guarantees secure data storage and rapid, cost-effective energy trading, thereby making the proposed LEM platform a viable solution in the distribution market. INDEX TERMS Blockchain technology, forecasting service, LEM, P2P energy trading, smart contracts.

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The role of clean energy in enhancing the environmental Kuznets Curve: empirical evidence from Ghana's hydropower industry
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The role of clean energy in enhancing the environmental Kuznets Curve: empirical evidence from Ghana's hydropower industry

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How do water, food, and energy resources impact environmental conditions in Ghana? A novel dynamic ARDL simulation approach
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Role of forest rents, oil price uncertainty, renewable electricity generation in EKC: a study of top five carbon emitting nations
  • Aug 7, 2025
  • Management of Environmental Quality: An International Journal
  • Ahra Qayoom + 1 more

Purpose With the growing concerns for environmental quality the reconciliation of economic progress with environmental sustainability has become a challenging imperative. In particular, the tension to strike a balance between the two has sparked the attention of researchers worldwide, with a focus on top-emitting nations. Towards this realm, our study aims to explore the link between the explanatory variables like economic growth, forest rents, oil price uncertainty and electricity generation from renewable sources and the response variables like carbon emission and ecological footprint (EF) for robust and comprehensive results. Design/methodology/approach Utilizing the framework of the environmental Kuznets curve (EKC), this study employed the analysis on the variables from 1992 to 2021 in the top-five carbon-emitting nations. To do so, this study employs dynamic common correlated effects to investigate the long run effects of these variables on carbon emission and EF. Besides, the Dumitrescu and Hurlin (2012) panel causality test is run to determine direction and magnitude of relationship between variables for policy making. Findings Empirical evidence reveals that (1) EKC is valid in China, India and Japan when carbon emission is employed as a dependent variable; (2) EKC is valid in China and India when EF is employed as the dependent variable; (3) forest rents are contributing to environmental quality in Russia and China when carbon emission is a dependent variable and contributing to environmental quality in India only when EF is the dependent variable; (4) electricity generation from renewable sources is not a significant contributor in mitigating carbon emission and EF and (5) oil price uncertainty is found to be mitigating both carbon emission and EF in all countries except China. Originality/value As for as the researchers are aware, this study is a first attempt to explore the role of forest rents and oil price uncertainty on environmental performance within the EKC framework for top-five carbon-emitting nations.

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  • Cite Count Icon 5
  • 10.1080/19397038.2024.2371404
Exploring the economic prospects of wind energy in Zambia
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  • International Journal of Sustainable Engineering
  • Sydney Mutale + 4 more

ABSTRACT Zambia has recently faced prolonged load shedding due to reduced hydroelectricity generation caused by unfavourable rainfall patterns. To tackle this issue and satisfy increasing energy demands, the government aims to explore alternative energy sources like wind energy. However, the uncertainty surrounding the economic feasibility of implementing wind power projects in Zambia poses a significant challenge. This study evaluates the economic feasibility of eight proposed wind farm sites using net present value (NPV), simple payback period (SPP), internal rate of return (IRR), and levelized cost of electricity (LCOE). By examining energy yield analysis (EYA), wind speed, and financial indicators, the study identifies the most economically viable wind farm site(s). The results reveal that the Lusaka wind farm is the most economical, with an energy yield analysis of 386 GWh, wind speed of 8 m/s, NPV of USD 316 million, SPP of 2.9 years, IRR of 82%, and LCOE of 0.182 USD/kWh. An economic sensitivity analysis, varying the average electricity tariff, also points to Lusaka as the most financially viable site. Consequently, policymakers are advised to develop cost-reflective feed-in tariff (FiT) schemes and power purchase agreements to establish electricity tariffs that encourage investment from independent power producers in Zambia.

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A whale optimization algorithm-based multivariate exponential smoothing grey-holt model for electricity price forecasting
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Researchers at Argonne National Laboratory expanded the Greenhouse gases, Regulated Emissions, and Energy use in Transportation (GREET) model and incorporated the fuel economy and electricity use of alternative fuel/vehicle systems simulated by the Powertrain System Analysis Toolkit (PSAT) to conduct a well-to-wheels (WTW) analysis of energy use and greenhouse gas (GHG) emissions of plug-in hybrid electric vehicles (PHEVs). The WTW results were separately calculated for the blended charge-depleting (CD) and charge-sustaining (CS) modes of PHEV operation and then combined by using a weighting factor that represented the CD vehicle-miles-traveled (VMT) share. As indicated by PSAT simulations of the CD operation, grid electricity accounted for a share of the vehicle's total energy use, ranging from 6% for a PHEV 10 to 24% for a PHEV 40, based on CD VMT shares of 23% and 63%, respectively. In addition to the PHEV's fuel economy and type of on-board fuel, the marginal electricity generation mix used to charge the vehicle impacted the WTW results, especially GHG emissions. Three North American Electric Reliability Corporation regions (4, 6, and 13) were selected for this analysis, because they encompassed large metropolitan areas (Illinois, New York, and California, respectively) and provided a significant variation of marginal generation mixes. The WTW results were also reported for the U.S. generation mix and renewable electricity to examine cases of average and clean mixes, respectively. For an all-electric range (AER) between 10 mi and 40 mi, PHEVs that employed petroleum fuels (gasoline and diesel), a blend of 85% ethanol and 15% gasoline (E85), and hydrogen were shown to offer a 40-60%, 70-90%, and more than 90% reduction in petroleum energy use and a 30-60%, 40-80%, and 10-100% reduction in GHG emissions, respectively, relative to an internal combustion engine vehicle that used gasoline. The spread of WTW GHG emissions among the different fuel production technologies and grid generation mixes was wider than the spread of petroleum energy use, mainly due to the diverse fuel production technologies and feedstock sources for the fuels considered in this analysis. The PHEVs offered reductions in petroleum energy use as compared with regular hybrid electric vehicles (HEVs). More petroleum energy savings were realized as the AER increased, except when the marginal grid mix was dominated by oil-fired power generation. Similarly, more GHG emissions reductions were realized at higher AERs, except when the marginal grid generation mix was dominated by oil or coal. Electricity from renewable sources realized the largest reductions in petroleum energy use and GHG emissions for all PHEVs as the AER increased. The PHEVs that employ biomass-based fuels (e.g., biomass-E85 and -hydrogen) may not realize GHG emissions benefits over regular HEVs if the marginal generation mix is dominated by fossil sources. Uncertainties are associated with the adopted PHEV fuel consumption and marginal generation mix simulation results, which impact the WTW results and require further research. More disaggregate marginal generation data within control areas (where the actual dispatching occurs) and an improved dispatch modeling are needed to accurately assess the impact of PHEV electrification. The market penetration of the PHEVs, their total electric load, and their role as complements rather than replacements of regular HEVs are also uncertain. The effects of the number of daily charges, the time of charging, and the charging capacity have not been evaluated in this study. A more robust analysis of the VMT share of the CD operation is also needed.

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Scorecard Rates Emission Reductions of Hybrid Vehicles
  • Sep 1, 2011
  • Environmental Health Perspectives
  • David C Holzman

For all its cachet, you might think that hybrid drivetrain technology is inherently green. But only 13 of 34 hybrid vehicles assessed achieve better than a 25% reduction in greenhouse gas (GHG) emissions, and just 3 exceed a 40% reduction, according to an evaluation by the Union of Concerned Scientists (UCS).1 Moreover, reductions in GHG emissions do not necessarily correlate with reductions in other toxic emissions. Like any engine output–improving technology, hybrid technology can boost both fuel efficiency and power—but the more you boost one, the less you can boost the other. That dichotomy spurred the UCS to develop its “hybrid scorecard,” which rates each hybrid according to how well it lives up to its promise of reducing air pollution.2 All the vehicles were from model year 2011 except for one, the 2012 Infiniti M Hybrid. First the UCS scored each hybrid on how much it reduced its GHG emissions relative to its conventional counterpart, on a scale of zero (least reduction) to 10 (greatest reduction). These scores reflect the percentage in fuel efficiency gain. For example, the Toyota Prius gets 50 mpg3 compared with 28 mpg for the comparable Toyota Matrix. This represents a 44.0% reduction in GHG emissions, earning the Prius a GHG score of 9.4. At the bottom of the scale, the 21-mpg hybrid VW Touareg reduces GHG emissions only 10% over the 19-mpg conventional Toureg, for a score of 0.0. With a 46% improvement, the luxury Lincoln MKZ Hybrid had the greatest reduction over its conventional counterpart. The UCS also scored hybrids for absolute emissions (rather than relative to the conventional model) of air pollutants including particulate matter, carbon monoxide, hydrocarbons, and nitrogen oxides. These scores, on a scale of zero (dirtiest) to 10 (cleanest), are based on California certifications for tailpipe emissions. As the scorecard showed, a vehicle that emits less heat-trapping gases may not necessarily emit less of other air pollutants. For example, the Mercedes Benz S400 Hybrid scored 9 on air pollution reduction, alongside the Prius and the Lincoln MKZ, but only 1.3 on GHG emissions. HYBRID SCORECARD: Top 10 Nonluxury Hybrids by Total Environmental Improvement Score “Hybrid technology doesn’t add additional challenges [to reducing exhaust pollutants] that can’t be addressed through design of the vehicle’s emission controls,” says Don Anair, senior vehicles analyst at the UCS. “Numerous manufacturers of hybrids are meeting the lowest emissions levels. Hybrid manufacturers who aren’t delivering the lowest smog-forming emissions have chosen not to do so.” Each vehicle’s air pollution and GHG scores were averaged into a total “environmental improvement score,” again with the MKZ and the Prius leading the pack, and the Touareg scraping bottom. The UCS also scored “hybrid value” (the cost of reducing GHG emissions in dollars per percent reduction) and “forced features” (options you must buy with the hybrid whether you want them or not). HYBRID SCORECARD: Top 10 Luxury Hybrids by Total Environmental Improvement Score Luke Tonachel, vehicles analyst with the Natural Resources Defense Council, compliments the scorecard for illustrating that hybrid technology is not automatically green. He says, “We should improve the efficiency of all vehicles, and [hybrid technology] is just one technology that can get us there if applied with that goal in mind.” Nonetheless, Jamie Kitman, the New York bureau chief for Automobile Magazine, questions the wisdom of emphasizing percentage improvement in gas mileage rather than absolute miles per gallon. At 21 mpg, the hybrid Cadillac Escalade 4WD represents a 29% improvement over the 15-mpg conventional model, saving nearly 2 gallons per 100 miles. But the hybrid Escalade is still a gas guzzler, and Kitman says he wishes people would see through the marketing that encourages them to buy SUVs and “crossovers” rather than ordinary cars, which are more efficient than either. Says Anair, “The scorecard shows that automakers can pair hybrid technology with advanced emission controls to help tackle climate change while reducing the health impacts from breathing polluted air.” However, he adds, alluding to the stark variation in how much hybrid technology boosted fuel efficiency, “Not all automakers are delivering on the full promise of this technology.”

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National and international agreements aim to limit climate change and thus call for a reduction of greenhouse gas (GHG) emissions to nearly zero. A wide range of technologies promise to reduce the heat demand of buildings and also promote renewable energies. One of these technologies is the use of solid building structures as thermal storage, so called thermally activated building parts or TABS. Thermal simulations of such energy concept for a typical single-family house with 140 m² living space featuring a heat pump, a solar thermal collector and TABS show that the share of solar heat for heat supply can be increased, resulting in a decreased use of the heat pump and thus a lower demand of electric energy. This leads to reduced greenhouse gas emissions and lower operating costs. Furthermore, the simulations show that larger sizes of the TABS and the solar thermal collector lead to lower demand of electric energy. To secure a reduction of greenhouse gas emissions and costs over the whole lifecycle of a building also production and dismantling, disposal and recycling must be considered. A Life Cycle Cost (LCC) Analysis shows that TABS in combination with solar heat reduce LCC, expressed as present values, by app. 34%. The reductions are mainly due to the lower operating costs of the heating system. Increasing the size of south-facing solar collectors leads to asymptotically decreasing costs. For the less favourable orientations to the West and East, the optimum size of the collector is between 30 and 40 m², depending on the orientation and the size of the TABS. A minimum size of the TABS must be available, while additional TABS do not lead to further reductions. Also in an ecologic sense, the use of TABS in combination with solar heat is beneficial. The simulations in this research show that the greenhouse gas (GHG) emissions over the whole lifecycle can be reduced by 27%. Again, the reduction mainly results from the decreased demand of electric energy and only slightly higher GHG emissions from the production of the TABS. Larger collector sizes lead to asymptotically reduced GHG emissions, when south facing. In contrast, orientations to the East and West lead to increased GHG emissions as the size of the collector increases. Integrated systems of heat pumps, solar thermal collectors and TABS could also be considered for multi-family housing and other building types. Simulations of LCC and LCA offer a suited means for assessing economic and ecologic impacts of innovative buildings concepts and should be used on a wider scale, ideally in combination.

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BackgroundThe Nationally Determined Contribution (NDC) of Thailand intends to reduce greenhouse gas (GHG) emissions by 20 to 25% from the projected business as usual level by 2030 with the deployment of renewable energy technologies and energy efficiency improvement measures in both the supply and demand sectors. However, in order to contribute towards meeting the long-term goal of the Paris Agreement to stay well below 2 °C, ambitious mitigation efforts beyond 2030 are needed. As such, it is necessary to assess the effects of imposing more stringent long-term GHG reduction targets in Thailand beyond the NDC commitment.MethodsThis paper analyses the macroeconomic effects of limiting the GHG emissions by using a computable general equilibrium (CGE) model on Thailand’s economy during 2010 to 2050. Besides the business as usual (BAU) scenario, this study assesses the macroeconomic effects of ten low to medium GHG mitigation scenarios under varying GHG reduction targets of 20 to 50%. In addition, this study also assesses three different peak emission scenarios, each targeting a GHG reduction of up to 90% by 2050, to analyze the feasibility of zero GHG emissions in Thailand to pursue efforts to hold the global temperature rise to 1.5 °C above pre-industrial levels, as considered in the Paris Agreement.ResultsAccording to the BAU scenario, the GHG emissions from the electricity, industry, and transport sectors would remain the most prominent throughout the planning period. The modeling results indicate that the medium to peak emission reduction scenarios could result in a serious GDP loss compared to the BAU scenario, and therefore, the attainment of such mitigation targets could be very challenging for Thailand. Results suggest that the development and deployment of energy-efficient and renewable energy-based technologies would play a significant role not only in minimizing the GHG emissions but also for overcoming the macroeconomic loss and lowering the price of GHG emissions.ConclusionsThe results reveal that without a transformative change in the economic structure and energy system of Thailand, the country would have to face enormous cost in reducing its GHG emissions.

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  • Animals : an Open Access Journal from MDPI
  • Rosetta M Brice + 7 more

Simple SummaryLivestock accounts for an estimated 80% of total agricultural greenhouse gas emissions, making abatement of greenhouse gas emissions from livestock a high-priority challenge facing animal nutritionists. Mitigating greenhouse gases in ruminants without reducing animal production is desirable both as a strategy to reduce global greenhouse gas emissions and as a way of improving dietary feed efficiency. The inclusion of feed additives in the diets of ruminants can reduce energy losses as methane, which typically reduces animal performance and contributes to greenhouse gas emissions. The present study evaluated the abatement potential of nine essential oil blends to mitigate greenhouse gas emissions. The inclusion of the blends resulted in a reduction in greenhouse gas emissions and in vitro apparent dry matter digestibility with higher values noted for the control treatment. A similar trend was noted for in vitro truly dry matter digestibility with higher values noted in the control treatment. The efficiency of microbial production was greater for the blends. The inclusion of the blends affected the total and molar proportion of volatile fatty acid concentrations. Overall, inclusion of the blends modified the rumen function resulting in improved efficiency of microbial production.The current study evaluated nine essential oil blends (EOBs) for their effects on ruminal in vitro dry matter digestibility (IVDMD), efficiency of microbial production, total short-chain fatty acid concentration (SCFA), total gas, and greenhouse gas (GHG) emissions using two dietary substrates (high forage and high concentrate). The study was arranged as a 2 × 2 × 9 + 1 factorial design to evaluate the effects of the nine EOBs on the two dietary substrates at two time points (6 and 24 h). The inclusion levels of the EOBs were 0 µL (control) and 100 µL with three laboratory replicates. Substrate × EOBs × time interactions were not significant (p > 0.05) for total gas and greenhouse gas emissions. The inclusion of EOBs in the diets resulted in a reduction (p < 0.001) in GHG emissions, except for EOB1 and EOB8 in the high concentrate diet at 6 h and for EOB8 in the high forage diet at 24 h of incubation. Diet type had no effect on apparent IVDMD (IVADMD) whereas the inclusion of EOBs reduced (p < 0.05) IVADMD with higher values noted for the control treatment. The efficiency of microbial production was greater (p < 0.001) for EOB treatments except for EOB1 inclusion in the high forage diet. The inclusion of EOBs affected (p < 0.001) the total and molar proportion of volatile fatty acid concentrations. Overall, the inclusion of the EOBs modified the rumen function resulting in improved efficiency of microbial production. Both the apparent and truly degraded DM was reduced in the EOB treatments. The inclusion of EOBs also resulted in reduced GHG emissions in both diets, except for EOB8 in the high forage diet which was slightly higher than the control treatment.

  • Conference Article
  • 10.36334/modsim.2013.b2.christie
A simple carbon offset scenario tool (COST) for assessing dairy farm abatement options
  • Dec 1, 2013
  • Km Christie + 3 more

The dairy Carbon Offset Scenario Tool (COST) was developed to explore the influence of various abatement strategies on greenhouse gas (GHG) emissions for Australian dairy farms. COST is a static spreadsheet-based tool that uses Australian GHG inventory methodologies, algorithms and emission factors to estimate carbon dioxide, methane and nitrous oxide emissions of a dairy farm system. One of the key differences between COST and other inventory-based dairy GHG emissions calculators is the ability to explore the effect of reducing total farm emissions on farm income, assuming the strategy was compliant with Kyoto rules for carbon offsets. COST provides ten abatement strategies across the four broad theme areas of diet manipulation, herd and breeding management, feedbase management and waste management. Each abatement strategy contains four sections; two sections for data entry (baseline farm data specific to the strategy explored and strategy-specific variables) and two sections for results (milk production results and GHG/economic-related results). Key sensitive variables for each strategy, identified from prior research, and prices for milk production and carbon offsets are adjusted through up/down buttons, which allows users to quickly explore the impact of these variables on farm emissions and profitability. For example, if the cost to implement an abatement strategy is doubled, what carbon offset income would be required to negate this additional cost? Results are presented as changes in carbon offset income, strategy implementation cost, additional milk production income and net farm income on a per annum and on a per GHG emissions intensity of milk production basis. COST currently contains a comprehensive range of strategies for GHG abatement, although some strategies are still in development. As new technologies or farm management practices leading to a reduction in GHG emission become available, these too will be incorporated into COST. To date, two dairy-specific abatement methodologies have been legislated as part of Australia’s commitment to reducing on-farm GHG emissions through it’s the carbon offset scheme, the Carbon Farming Initiative (CFI) and are incorporated into COST. These are the ‘Destruction of methane generated from dairy manure in covered anaerobic ponds’ and the ‘Methodology for reducing greenhouse gas emissions in milking cows through feeding dietary additives’. As an example, we explored the mitigation option Replace supplements with a source of dietary fats (reflecting the second above-mentioned CFI legislated abatement strategy) as feeding a diet higher in dietary fats has been shown to reduce enteric methane emissions per unit of feed intake. A 400 milking herd was fed a baseline diet of 2.6% dietary fat. By replacing grain with hominy meal, at a rate of 5.0 kg dry matter/ cow per day for 90 days during the 3 summer months, the summer diet fat concentration was increased to 6.4%. Enteric methane emissions were reduced by 40 tonnes of carbon dioxide equivalents (t CO 2 e) per annum for the farm. Waste methane and nitrous oxide emissions were also reduced by 0.5 and 1.6 t CO 2 e/annum, respectively. However, as reductions from these two sources of GHG emissions do not qualify for payment with this CFI methodology, their reduction could not be included as an offset income. At a carbon price of $20/ t CO 2 e, the reduction in enteric methane emissions was valued at $800/farm. The implementation cost of replacing grain with hominy was valued at $18,000/farm due to the hominy meal costing an additional $100/t dry matter compared to the grain. However, the additional milk production achieved due to the higher energy concentration of the diet resulted in an additional 70,200 litres and based on a summer milk price of $0.38/ litre, this equated to an additional income from milk valued at $26,676/farm. The overall result was a net increase in farm profit of $9,476/farm when paid on a reduction in total GHG emissions. COST can quickly allow users to ascertain the level of GHG emission reduction possible with various mitigation options and explore the sensitivity of key variables on GHG emissions and farm profitability.

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