Published in Energy Policy
•Nonlinear Auto Regressive model with eXogenous (NARX) inputs is developed for predicting oil prices.•The results of NARX model in oil price forecasting is more accurate than those of time series and Artificial Neural Network.•The NARX model predicts the price shocks in the oil market.•The NARX model is dynamic and accounts for the factor of time.
Published in Energy Policy
•The environmental assessment of current and promising Colombian biofuels was made.•Current Colombian biofuel supply chains show 5–8% of GHG emissions savings.•Jatropha and cassava are potential feedstocks for Colombian biofuels production.•Suitable biofuels in Colombia can be achieved by feedstock integration.
Published in Energy Policy
•We present the main outcomes of the SUSPLAN EU project.•It assesses long-term energy infrastructure needs to integrate RES in Europe.•Regional and transnational analyses are performed for 4 RES scenarios until 2050.•Major barriers to the integration of RES into energy infrastructure are identified.•Efficient strategies to mitigate these barriers a...
Published in Energy Policy
•We studied energy consumption at different altitudes in Western Himalaya of India.•On an average, fuelwood and fodder consumption is 2.42kg/capita/day and 43.96kg/household/day respectively.•Maximum fuelwood (3.24kg/capita/day) at higher and fodder consumption (1800kg/household/day) at middle altitudes was recorded.•Dhabas (roadside refreshment es...
Published in Energy Policy
•Criticisms that Brazil's environmental licensing delays electrical sector planning.•Brazilian Environmental Licensing for power transmission has recently been updated.•We present the historical evolution of Brazilian environmental licensing of electricity transmission systems.•We analyze whether critical aspects were resolved by the reformulated l...
Published in Energy Policy
The purpose of this study is to examine whether crude oil spot and futures prices of the same and different grades are cointegrated using a residual-based cointegration test that allows for one structural break in the cointegrating vector and high-frequency data. We choose the US WTI and the UK Brent as the representative crudes for this analysis s...
Published in Energy Policy
International aviation is growing rapidly, resulting in rising aviation greenhouse gas emissions. Concerns about the growth trajectory of the industry and emissions have led to calls for market measures such as emissions trading and carbon levies to be introduced to restrict demand and prompt innovation. This paper provides an overview of the scien...
Published in Energy Policy
In this article, we examine whether WTI and Brent crude oil spot and futures prices (at 1, 3 and 6 months to maturity) contain a unit root with one and two structural breaks, employing weekly data over the period 1991–2004. To realise this objective we employ Lagrange multiplier (LM) unit root tests with one and two endogenous structural breaks pro...
Published in Energy Policy
Abstract An attempt to develop a simple framework for financial evaluation of renewable energy technologies (RETs) such as photovoltaic (PV) pump, windmill pump, biogas and producer gas-driven dual fuel engine pumps for irrigation water pumping has been made. The unit cost of water and unit cost of useful energy delivered by the RETs have been esti...
Published in Energy Policy
Abstract So far, the cumulative capacity of renewable energy systems such as bagasse cogeneration in India is far below their theoretical potential despite government subsidy programmes. One of the major barriers is the high investment cost of these systems. The Clean Development Mechanism (CDM) provides industrialized countries with an incentive t...
