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Economics, Energy
Economics, Energy
Energy
Economics, Energy
Energy
Energy, Environment, Governance and public sector management, Infrastructure
Economics, Energy, Finance sector development, Governance and public sector management
Economics, Energy, Environment, Governance and public sector management, Infrastructure
Energy
Energy
Political risks in energy-transporting countries and energy security in the Caspian Basin
Energy security is a crucial issue in contemporary international relations but not a new one. It is usually defined as the reliable and sufficient supply or demand of energy at acceptable prices and is at the top of the agenda for both energy-importing and energy-exporting countries.
Feed-in tariffs and loans for boosting private investment in renewable energy
Investment in renewable energy of $9 trillion is required to meet global energy supply needs by 2040 (International Energy Agency 2016), but investments in fossil fuels still dominate those in renewable energy. Many countries are implementing national energy policies, including fiscal, financial, information and education, institutional support, strategic planning, regulatory, and voluntary measures, to promote greater private investment in renewable energy.
Do solar lights help kids do better in school?
Rural areas of Asia and Africa where children lack access to high-quality educational opportunities tend to also be energy poor. Solar lanterns and other small solar energy products, commonly termed “picoPVs”, have been promoted as a promising first step toward improving both lighting in homes and educational outcomes. Rural households throughout Asia and Africa have bought over 100 million picoPVs since 2010, with India, Bangladesh, and other South Asian markets being among the most “vibrant” (and receiving significant market development support from governments and development agencies).
What are the reasons behind the decrease in solar module prices?
The solar photovoltaic energy market has seen huge growth in recent years. Unlike solar thermal energy, which harnesses heat from sunlight to generate electricity, solar photovoltaics or PV is a technology that converts sunlight directly into electricity. The annual worldwide solar PV electricity production increased from 4 terawatt hours (TWh) in 2005 to 247 TWh in 2015 (IEA 2017). In 2016, cumulative solar PV generated over 310 TWh, 26% higher than in 2015 and representing just over 1% of global power output.
Energy Efficiency: The Cornerstone for Achieving SDG 7
In 2015, all countries of the world agreed to adopt the 17 Sustainable Development Goals (SDGs) as a part of the 2030 Agenda for Sustainable Development. These goals came into force on 1 January 2016 and are aimed at ending poverty, protecting the planet, and attaining prosperity for all. The adoption of the goals was a unique achievement as they are applicable universally, and countries are making joint efforts to achieve them. Although the SDGs are not legally binding, countries are expected to take ownership and to voluntarily report their progress at the national level.
Propelling ASEAN towards clean coal technology
Coal, the most abundant and reliable energy resource, will continue to be the dominant energy source in power generation to meet the fast-growing electricity demand in the emerging economies of the Association of Southeast Asian Nations (ASEAN). The share of coal use in power generation was 32% in 2015, and this is projected to increase to 42% by 2040.
Twenty years after the Asian financial crisis: The evolution of Asian financial cooperation
When Asia was hit by its regional financial crisis 20 years ago, Asian policy makers were quick to call for regional solutions to what was perceived to be a common problem: Asian countries’ dependence on foreign finance. Prominent political figures and scholars argued for a greater regional focus of monetary and economies policies, suggesting the introduction of currency baskets modeled on trade patterns, financial structures, and even Asian currency units akin to the European Currency Unit, the euro’s predecessor.
Electrifying emerging ASEAN through off-grid distributed renewable energy systems
Some 134 million people in the Association of Southeast Asian Nations (ASEAN) region do not have access to electricity (IEA and ERIA, 2013). At the end of 2015, the ASEAN Community declared that the lack of power and energy access could threaten the region’s economic growth and its economic transition.
Belling the cat: financing solar renewable energy projects
World energy demand is forecasted to grow by nearly one-third between 2015 and 2040. A large share of this increase will be from the power sector, and the global demand for electricity is likely to increase by more than 70%, leading to a 16% increase in energy-related carbon dioxide (CO2) emissions by 2040. Despite the diplomatic success of the Conference of the Parties (COP) 21, it is clear that the current pledges by various countries in the form of Nationally Determined Contributions fall way short of the “well below 2-degrees Celsius” goal agreed to by world leaders in Paris.
Decline of oil prices and the negative interest rate policy in Japan
In February 2016, the Bank of Japan (BOJ), in order to reach a 2% inflation target, initiated a negative interest rate policy by increasing massive money supply through the purchase of long-term Japanese government bonds (JGBs). This policy flattened the yield curve of JGBs. Banks started to purchase government bonds less frequently, because of the negative yield for both short-term government bonds and even for long-term government bonds up to 15 years. On the other hand, a vertical investment–savings curve in the Japanese economy prevented the growth of corporate bank loans. Except for a few periods, the 2% inflation target could not be achieved. This paper examines this phenomenon, presents the reasons behind it, and offers solutions.
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