Share Of Energy Resources Research Articles

The effect of energy prices, energy losses, and renewable energy use on CO2 emissions in energy-importing developing economies in the presence of an environmental Kuznets curve.

In this study, energy losses, energy prices, and the relationship between green energy and environmental quality are investigated for 15 energy-importing emerging economies. In addition, the validity of the environmental Kuznets curve is tested in this study. Autoregressive Distributed Lag (ARDL) approach based on panel dataset, related intermediate estimators including PMG, MG, and DFE were used as a method. In addition, FMOLS and DOLS estimators were used for robustness testing in the study. According to empirical findings, the environmental Kuznets curve is valid in energy-importing emerging economies. In addition, green energy use and energy prices have a reducing effect on CO2 emissions. However, energy losses increase CO2 emissions. While the long-term results of the variables were similar, the short-term results were mixed. This situation is attributed to different economic growths in energy-importing developing economies, the share of energy resources in total energy resources, and energy-efficient technologies in the energy field. The fact that these variables have never been investigated for this economy group makes the study different.

A comparative analysis of the role of the oil and gas industry in the economies of the former USSR and present-day Russia

The article provides a comprehensive comparative analysis of the mechanisms of leveraging Russia’s oil and gas resources in the Soviet Union and present-day Russia as ensuring the acceleration or on the contrary, slowing down the development of the innovative sector of the national economy. Analysing the advantages and disadvantages of such mechanisms, the author describes the underlying reasons for the radical transformation of the role of the oil and gas industry from being a “donor”, which had contributed to the accelerated growth of the high value added sectors of the national economy, into a kind of “vampire”, which now is an obstacle to the development of high tech products and amplifies the symptoms of the "Dutch disease". The higher contribution of oil and gas sector to the high-quality growth of the Russian economy in the post-sanctions period is associated with a reversal of the current tax policy, the reorientation of a larger share of energy resources to the domestic market while limiting their exports to the volume of critical imports, and strictly regulating energy prices.

Modelling and optimisation of long-term forecasting of electricity demand in oil-rich area, South Iran

The present study was conducted to predict the electricity status based on scenario design and energy modelling using optimization approach by 2050 in Khuzestan, Iran. Two scenarios were proposed, one investigating the current trend called the BAU (Business as Usual) and the other SMD (Sustainable Management and Development scenario). According to the BAU scenario, electricity consumption will reach from 29.08 to 73.79 TWh during 2017–2050, reducing renewable energy sources from 30.3 to 18.9%. In addition to being more dependent on fossil fuels and increasing greenhouse gas emissions, power plant capacity will not be responsive to the peak of electricity consumption. However, this situation will be improved in the SMD scenario using consumption management strategies, increased efficiency, and resource development. Reducing electricity demand and generation by 2.5 and 28.2%, respectively, will reduce environmental externalities by 658.8 million and saves 173 MTCO2e. The SMD scenario's benefit would be equal to 6,376.8 million compared to the BAU considering all socio-economic and environmental indicators. The results show that relying on fossils to generate electricity will cost more in long-term. The SMD scenario with the participation and development of renewables with greater dispersion reduces transmission losses and optimizes electricity generation to minimize environmental hazards. Highlights Long-term future research on electricity demand and the share of energy resources in its production is under investigation. Energy modelling has been implemented with the LEAP software through an optimisation approach. According to the REF scenario, electricity demand will exceed its production and Khuzestan will face the challenge of electricity supply. The SMD scenario can reduce demand growth and increase the share of renewables in electricity generation. The cost–benefit of the SMD scenario will be more than 6376 M$ by 2050 compared to the REF scenario.

Cooperation of Russia and Turkey in the energy sphere

The article examines the main areas of cooperation between Russia and Turkey in the energy sector, including the analysis of the joint projects "Turkish Stream" and the NPP "Akkuyu" and an assessment of their feasibility; identifi ed the main risks and possible consequences from the implementation of projects. Based on data on world energy, the share of energy resources in the global volume, the commodity structure of trade between Russia and Turkey, as well as their energy consumption, a forecast for the development of bilateral cooperation in this area in the short term is presented. It was revealed that under the infl uence of a number of factors (increased competition in the energy market, a drop in demand for them in Turkey recently; the orientation of the country’s foreign economic policy to the West, etc.), there is a slowdown in cooperation in the energy sector, including of the "Turkish Stream" project. It has been substantiated that promising directions for the development of cooperation in the energy sector are possible to implement the latest projects in the fuel and energy industry, including the construction of fuel and energy facilities, as well as to intensify cooperation on the "Turkish Stream" gas project with South-Eastern Europe.

Development of an Agro-Food complex on the basis of economic integration

The agro-food complex combines agriculture, food-processing industry and agricultural trade. It has been established that integration is an effective tool for formation and functioning of this complex. However, due to the unstable political and economic situation in recent years, there is a decrease in production of certain types of food in Ukraine. A vertically integrated structure which looks like a two-tier hierarchical structure has been studied. The purpose of its functioning is profit maximization at the expense of the synergetic effect, resource saving, etc. Under strict vertical integration, profit distribution can be made on the basis of distribution mechanisms of scarce resources, using priorities where expenses of enterprises can be considered a priority. The problem of formation of an effective vertically integrated structure can be brought to solving the issue of the smallest covering of a set. It has been proved that a boundary value of an index of vertical integration is determined by a share of energy resources in the process of production and the potential of their production. In Ukraine, the use of biogas complexes can provide growth of the mentioned index to 0.25. This corresponds to the ratio of energy resources in the crop production cost structure.