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Book Directed Technological Change and Energy Efficiency Improvements

Download or read book Directed Technological Change and Energy Efficiency Improvements written by Jan Witajewski-Baltvilks and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Directed Technological Change and Energy Efficiency Improvements

Download or read book Directed Technological Change and Energy Efficiency Improvements written by Jan Witajewski and published by . This book was released on 2015 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper applies the Directed Technical Change (DTC) framework to study improvements in the efficiency of energy use. We present a theoretical model which (1) shows that the demand for energy is shifted down by innovations in energy intensive sectors and (2) highlights the drivers of innovative activity in these sectors. We then estimate the model through an empirical analysis of patent and energy data. Our contribution is fivefold. First, our model shows that under very general assumptions information about energy expenditures, knowledge spillovers and the parameters governing the R&D process are sufficient to predict the R&D effort in efficiency improving technologies. Second, we pin down the conditions for a log-linear relation between energy expenditure and the R&D effort. Third, the calibration of the model provides clear evidence that the value of the energy market as well as international and inter-temporal spillovers play a significant role in determining the level of innovative activity. Fourth, we show that innovative activity in energy intensive sectors shifts down the (Marshallian) demand for energy. Finally, we show that due to the streamlined modelling framework we adopt, the point estimates from our regression can potentially be used to calibrate any model of DTC in the context of energy consumption.

Book Improving Energy Efficiency Through Technology

Download or read book Improving Energy Efficiency Through Technology written by R. J. G. M. Florax and published by Edward Elgar Publishing. This book was released on 2011 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Increasing energy-efficiency is important because it offers the prospect of partly solving our climate change and energy security problems without pain. This book sheds further light on the issue, focusing on energy-extensive economic activities which, by sheer volume, collectively use a substantial amount of energy. That simple fact alone makes this book worthwhile, but there are many other gems.' Richard Tol, the Economic and Social Research Institute (ESRI), Ireland This innovative book explores the adoption of energy-saving technologies and their impact on energy efficiency improvements. It contains a mix of theoretical and empirical contributions, and combines and compares economic and physical indicators to monitor and analyse trends in energy efficiency. The authors pay considerable attention to empirical research on the determinants of energy-saving investment including uncertainty, energy-price volatility and subsidies. They also discuss the role of energy modelling in policy design and the potential effect of energy policies on technology diffusion in energy-extensive sectors. Written from a multi-disciplinary perspective, this book will appeal to academics and graduates in the areas of energy-saving technologies, energy economics and natural resource economics, as well as policy-makers particularly those in energy policy.

Book The Power of Change

    Book Details:
  • Author : National Academies of Sciences, Engineering, and Medicine
  • Publisher : National Academies Press
  • Release : 2016-09-30
  • ISBN : 0309371422
  • Pages : 341 pages

Download or read book The Power of Change written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2016-09-30 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity, supplied reliably and affordably, is foundational to the U.S. economy and is utterly indispensable to modern society. However, emissions resulting from many forms of electricity generation create environmental risks that could have significant negative economic, security, and human health consequences. Large-scale installation of cleaner power generation has been generally hampered because greener technologies are more expensive than the technologies that currently produce most of our power. Rather than trade affordability and reliability for low emissions, is there a way to balance all three? The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies considers how to speed up innovations that would dramatically improve the performance and lower the cost of currently available technologies while also developing new advanced cleaner energy technologies. According to this report, there is an opportunity for the United States to continue to lead in the pursuit of increasingly clean, more efficient electricity through innovation in advanced technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies makes the case that America's advantagesâ€"world-class universities and national laboratories, a vibrant private sector, and innovative states, cities, and regions that are free to experiment with a variety of public policy approachesâ€"position the United States to create and lead a new clean energy revolution. This study focuses on five paths to accelerate the market adoption of increasing clean energy and efficiency technologies: (1) expanding the portfolio of cleaner energy technology options; (2) leveraging the advantages of energy efficiency; (3) facilitating the development of increasing clean technologies, including renewables, nuclear, and cleaner fossil; (4) improving the existing technologies, systems, and infrastructure; and (5) leveling the playing field for cleaner energy technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies is a call for leadership to transform the United States energy sector in order to both mitigate the risks of greenhouse gas and other pollutants and to spur future economic growth. This study's focus on science, technology, and economic policy makes it a valuable resource to guide support that produces innovation to meet energy challenges now and for the future.

Book The Induced Innovation Hypothesis and Energy saving Technological Change

Download or read book The Induced Innovation Hypothesis and Energy saving Technological Change written by Richard G. Newell and published by . This book was released on 1998 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: It follows from Hicks' induced innovation hypothesis that rising energy prices in the last two decades should have induced energy-saving innovation. We formulate the hypothesis concretely using a product-characteristics model of energy-using consumer durables, augmenting Hicks' hypothesis to allow for the possibility that government efficiency standards also induce innovation. Through estimation of characteristics transformation surfaces, we find that technological change reduced the total capital and operating costs of air air conditioning by half and water heating by about one-fifth. Although the rate of overall innovation in these products appears to be independent of energy prices and regulations, the evidence suggests that the direction of innovation has been responsive to energy price changes. In particular, energy price increases induced innovation in a direction that lowered the capital cost tradeoffs inherent in producing more energy-efficiency products. In addition, energy price changes induced changes in the subset of technically feasible models that were offered for sale. Our estimates indicate that about one-quarter to one-half of the improvements in mean energy-efficiency of the menu of new models for these products over the last two decades were associated with rising energy prices since 1973. We also find that this responsiveness to price changes increased substantially after product labeling requirements came into effect, and that minimum efficiency standards had a significant positive effect on average efficiency levels. Nonetheless, a sizeable portion of efficiency improvements in these technologies appears to have been autonomous.

Book Energy Efficiency  Innovations  Driving Prosperity  Slashing Emissions

Download or read book Energy Efficiency Innovations Driving Prosperity Slashing Emissions written by Henry Kelly and published by World Scientific. This book was released on 2020-11-06 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy efficiency touches all parts of the economy and lies at the heart of all plausible strategies for addressing climate change. A fascinating range of new technologies and new business models have emerged in the past few years and are rapidly reshaping the field and driving efficiency improvements — many of them completely unexpected.This book provides a fresh look at energy efficiency written in a way that can be interesting to experts and serve as an entry point for novices. With chapters written by recognized experts in their fields of expertise, the book provides readers with a clear perspective on the state-of-the art developments of both new technologies and new approaches to system design and operations in buildings, industry, transportation, and urban design. Strategies for electrification and optimization based on data and powerful algorithms are also explored in depth. The discussion includes new mobility systems, smart buildings, reimagined industrial processes, new materials, and smart grid integration.Related Link(s)

Book America s Energy Future

    Book Details:
  • Author : National Research Council
  • Publisher : National Academies Press
  • Release : 2010-01-15
  • ISBN : 0309116023
  • Pages : 736 pages

Download or read book America s Energy Future written by National Research Council and published by National Academies Press. This book was released on 2010-01-15 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt: For multi-user PDF licensing, please contact customer service. Energy touches our lives in countless ways and its costs are felt when we fill up at the gas pump, pay our home heating bills, and keep businesses both large and small running. There are long-term costs as well: to the environment, as natural resources are depleted and pollution contributes to global climate change, and to national security and independence, as many of the world's current energy sources are increasingly concentrated in geopolitically unstable regions. The country's challenge is to develop an energy portfolio that addresses these concerns while still providing sufficient, affordable energy reserves for the nation. The United States has enormous resources to put behind solutions to this energy challenge; the dilemma is to identify which solutions are the right ones. Before deciding which energy technologies to develop, and on what timeline, we need to understand them better. America's Energy Future analyzes the potential of a wide range of technologies for generation, distribution, and conservation of energy. This book considers technologies to increase energy efficiency, coal-fired power generation, nuclear power, renewable energy, oil and natural gas, and alternative transportation fuels. It offers a detailed assessment of the associated impacts and projected costs of implementing each technology and categorizes them into three time frames for implementation.

Book Energy Efficiency and Directed Technical Change

Download or read book Energy Efficiency and Directed Technical Change written by Gregory Casey and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Technological Change and the Environment

Download or read book Technological Change and the Environment written by Arnulf Grübler and published by Routledge. This book was released on 2010-09-30 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much is written in the popular literature about the current pace of technological change. But do we have enough scientific knowledge about the sources and management of innovation to properly inform policymaking in technology dependent domains such as energy and the environment? While it is agreed that technological change does not 'fall from heaven like autumn leaves,' the theory, data, and models are deficient. The specific mechanisms that govern the rate and direction of inventive activity, the drivers and scope for incremental improvements that occur during technology diffusion, and the spillover effects that cross-fertilize technological innovations remain poorly understood. In a work that will interest serious readers of history, policy, and economics, the editors and their distinguished contributors offer a unique, single volume overview of the theoretical and empirical work on technological change. Beginning with a survey of existing research, they provide analysis and case studies in contexts such as medicine, agriculture, and power generation, paying particular attention to what technological change means for efficiency, productivity, and reduced environmental impacts. The book includes a historical analysis of technological change, an examination of the overall direction of technological change, and general theories about the sources of change. The contributors empirically test hypotheses of induced innovation and theories of institutional innovation. They propose ways to model induced technological change and evaluate its impact, and they consider issues such as uncertainty in technology returns, technology crossover effects, and clustering. A copublication o Resources for the Future (RFF) and the International Institute for Applied Systems Analysis (IIASA).

Book Directed Technical Change and Energy Intensity Dynamics

Download or read book Directed Technical Change and Energy Intensity Dynamics written by Christian Haas and published by . This book was released on 2019 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses a model with Directed Technical Change to theoretically analyse observable heterogeneous energy intensity developments. Based on the empirical evidence, we decompose changes in aggregate energy intensity into structural changes in the economy (structural effect) and within-sector energy efficiency improvements (efficiency effect). The relative importance of these effects is determined by energy price growth and sectoral productivities that drive the direction of technical change. When research is directed to the labour-intensive sector, the structural effect is the main driver of energy intensity dynamics. In contrast, the efficiency effect dominates energy intensity developments, when research is directed to energy-intensive industries. Increasing energy price generally leads to lower energy intensities and temporal energy price shocks might induce a permanent redirection of innovation activities. We calibrate the model to empirical data and simulate energy intensity developments across countries. The results of our very stylised model are largely consistent with empirical evidence.

Book Energy Technology Innovation

    Book Details:
  • Author : Arnulf Grubler
  • Publisher : Cambridge University Press
  • Release : 2014
  • ISBN : 110702322X
  • Pages : 409 pages

Download or read book Energy Technology Innovation written by Arnulf Grubler and published by Cambridge University Press. This book was released on 2014 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: An edited volume on factors determining success or failure of energy technology innovation, for researchers and policy makers.

Book Transitions in Energy Efficiency and Demand

Download or read book Transitions in Energy Efficiency and Demand written by Kirsten E.H. Jenkins and published by Routledge. This book was released on 2018-12-07 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Open Access version of this book, available at http://www.tandfebooks.com/doi/view/10.4324/9781351127264, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license. Meeting the goals enshrined in the Paris Agreement and limiting global temperature increases to less than 2°C above pre-industrial levels demands rapid reductions in global carbon dioxide emissions. Reducing energy demand has a central role in achieving this goal, but existing policy initiatives have been largely incremental in terms of the technological and behavioural changes they encourage. Against this background, this book develops a sociotechnical approach to the challenge of reducing energy demand and illustrates this with a number of empirical case studies from the United Kingdom. In doing so, it explores the emergence, diffusion and impact of low-energy innovations, including electric vehicles and smart meters. The book has the dual aim of improving the academic understanding of sociotechnical transitions and energy demand and providing practical recommendations for public policy. Combining an impressive range of contributions from key thinkers in the field, this book will be of great interest to energy students, scholars and decision-makers.

Book Technological Learning in the Energy Sector

Download or read book Technological Learning in the Energy Sector written by Martin Junginger and published by Edward Elgar Publishing. This book was released on 2010 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technological learning is a key driver behind the improvement of energy technologies and subsequent reduction of production costs. Understanding how and why production costs for energy technologies decline, and whether they will continue to do so in the future, is of crucial importance for policy makers, industrial stakeholders and scientists alike. This timely and informative book therefore provides a comprehensive review of technological development and cost reductions for renewable energy, clean fossil fuel and energy-efficient demand-side technologies. It responds to the need for a quality-controlled data set of experience curves, including assessment of measurement methodology, technological knowledge and associated cost. The expert contributors present a thorough overview and discussion of the pitfalls of applying the experience curve approach, including aspects such as geographical system boundaries, whether the slope of the experience curves is constant or not, statistical error and sensitivity analysis of experience curves, and whether the experience curve approach can be utilized to quantify improvements in energy efficiency. A clear set of recommendations for the use of the experience curve approach is also prescribed.Providing a significant contribution to the current literature on energy and climate models, scenario analysis, and methodological lessons on experience curves, this book will strongly appeal to academics and students in the areas focusing on energy and public sector economics. Policy makers in these fields will also find the book to be of great interest.

Book Encyclopedia of Energy  Natural Resource  and Environmental Economics

Download or read book Encyclopedia of Energy Natural Resource and Environmental Economics written by and published by Newnes. This book was released on 2013-03-29 with total page 1056 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every decision about energy involves its price and cost. The price of gasoline and the cost of buying from foreign producers; the price of nuclear and hydroelectricity and the costs to our ecosystems; the price of electricity from coal-fired plants and the cost to the atmosphere. Giving life to inventions, lifestyle changes, geopolitical shifts, and things in-between, energy economics is of high interest to Academia, Corporations and Governments. For economists, energy economics is one of three subdisciplines which, taken together, compose an economic approach to the exploitation and preservation of natural resources: energy economics, which focuses on energy-related subjects such as renewable energy, hydropower, nuclear power, and the political economy of energy resource economics, which covers subjects in land and water use, such as mining, fisheries, agriculture, and forests environmental economics, which takes a broader view of natural resources through economic concepts such as risk, valuation, regulation, and distribution Although the three are closely related, they are not often presented as an integrated whole. This Encyclopedia has done just that by unifying these fields into a high-quality and unique overview. The only reference work that codifies the relationships among the three subdisciplines: energy economics, resource economics and environmental economics. Understanding these relationships just became simpler! Nobel Prize Winning Editor-in-Chief (joint recipient 2007 Peace Prize), Jason Shogren, has demonstrated excellent team work again, by coordinating and steering his Editorial Board to produce a cohesive work that guides the user seamlessly through the diverse topics This work contains in equal parts information from and about business, academic, and government perspectives and is intended to serve as a tool for unifying and systematizing research and analysis in business, universities, and government

Book Technology and the Future of Energy

Download or read book Technology and the Future of Energy written by The Emirates Center for Strategic Studies and Research and published by Emirates Center for Strategic Studies and Research. This book was released on 2013-11-19 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy plays a key role in realizing sustainable development in both advanced and developing countries alike, and it is therefore vital that investment in technological development be sustained in order to maximize the benefits of currently available energy resources. However, the question as to how that investment should be directed is a contentious one, and involves numerous parallel questions relating to efficiency, resource availability, cost effectiveness and environmental impact, among others. Furthermore, uncertainty remains as to the extent to which technological innovation can satisfy future global energy requirements, regardless of the future energy balance. The ECSSR 18th Annual Energy Conference, Technology and the Future of Energy, held at the Center on November 12–13, 2012, and the resultant papers compiled in this volume, provide a variety of informed views on current and future technological trends in the energy industry, and their consequences for both producers and consumers. They present a strategic outlook for technological development in the industry, based on analysis of global energy supply and demand, current and future investment trends in energy technology, the potential impact of technological advances in the oil and gas industry, and the viability of alternative energy technologies. Also discussed are technological challenges and opportunities in energy-intensive sectors in the oilproducing countries of the Arabian Gulf.

Book The Endogenous Energy Saving Technological Change in China s Industrial Sector

Download or read book The Endogenous Energy Saving Technological Change in China s Industrial Sector written by Xubo He and published by Springer Nature. This book was released on 2022-11-29 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: As improving energy efficiency and increasing energy R&D investment may be the main means for China's industrial sector to achieve sustainable growth, this book attempts to unify energy use efficiency and energy R&D inputs into a standardized economic analysis framework. By distinguishing between energy R&D inputs and non-energy R&D inputs, this book draws on the research paradigm of neoclassical economics to clarify the basic concepts and endogenous mechanisms of energy-saving technological progress as a logical starting point. Under the framework of the existing endogenous growth theory analysis, the heterogeneous R&D inputs are divided into two different mechanisms that affect energy use efficiency, namely factor substitution effect and energy-efficient input increase effect, and a heterogeneous R&D input is constructed. This book constructed an analytical framework for endogenous energy-saving technological progress in the industrial sector based on heterogeneous R&D inputs; it established a mathematical model for the endogenous energy-saving technological advancement of the industrial sector based on heterogeneous R&D inputs; it estimated the energy-saving technological progress rate of 37 Chinese industrial sub-sectors from 1980 to 2010; fourth, it has empirically examined the relationship between the heterogeneous R&D investment in China's industrial sector and its energy-saving technological advancement rate.

Book Energy Saving Technology Innovation

Download or read book Energy Saving Technology Innovation written by Richard G. Newell and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The determinants of energy-saving innovation, and particularly the roles of energy prices and efficiency standards in affecting the development of new energy-saving technologies, are exceptionally important considerations in modeling global climate change and evaluating alternative policy options. We analyze the effects of energy prices and energy-efficiency regulations on the menu of air conditioner and water heater models available on the market over approximately a 30-year period. By adapting the induced innovation model to a product characteristics framework, we develop econometric estimates that indicate that a large portion of the improvement in energy efficiency in these technologies has taken the form of neutral (equiproportional) improvement in all product characteristics, and that this neutral innovation does not appear to be responsive to energy prices or regulations. There is also a significant non-neutral component of innovation, which was tilted away from energy efficiency before 1970, but later shifted to favor energy efficiency. This non-neutral component of innovation was substantially and significantly influenced by energy prices, by product labeling requirements, and by mandatory efficiency standards. Looking forward, we estimate that if energy prices remain at current levels, declining rates of neutral innovation combined with a return to non-neutral innovation tilted away from energy efficiency will result in little further improvement in the energy-efficiency of new models. Energy taxes of 10 to 30 percent of retail prices could significantly change this prediction. We predict that such taxes would lead to further energy efficiency increases of 10 to 50 percent for air conditioners by the year 2025.