The perspective of energy poverty and 1st energy crisis of green transition
The role of energy transition amidst the energy crisis and how policymakers can drive down emissions while focusing on energy security are critical. Given the geo-political situation, energy crisis volatility, energy shortage and climate change all affect the green transition and the short-term prio...
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description | The role of energy transition amidst the energy crisis and how policymakers can drive down emissions while focusing on energy security are critical. Given the geo-political situation, energy crisis volatility, energy shortage and climate change all affect the green transition and the short-term priorities for energy companies and policymakers. Energy security is not an isolated issue but has widespread implications as various sectors depend on energy supply to function properly. Governments around the world are faced with this trilemma, how to balance energy security with energy sustainability while also considering energy affordability. Sustainability has been in focus for about a decade. However, energy security is suddenly becoming one of the most important priorities that policymakers need to consider. Unfortunately, the renewable energy infrastructure is not yet ready to replace the growing volume of energy demand from hydrocarbon, which the world has been dependent on. This means, for now, a surge in energy generation through hydrocarbon to meet the existing energy demand deficit. However, it is important not to lose focus on the challenge of energy sustainability and climate change adaption and mitigation. Where trends like carbon capture and storage; solar, wind, hydro, green hydrogen, etc.; renewable energy infrastructure and integrations, with supply chain and engineering services consideration [in aspect for the growing market in this space] need better attention with regards to investment and full-scale implementation. This paper aims to analyze this 1st energy crisis of green transition with a priori on energy poverty with consideration of major influences and associated impacts. Furthermore, it proposes a specific framework for inclusive investigations, which considers the entire energy ecosystem with consideration of major influences, to enable the policymakers to better drive the green transition. This involves formulating energy policies that are not entirely conservative towards renewable energy sources but instead promote investments in both green and relatively more environmentally benign energy sources compared to high emission hydrocarbons. In this regard, this paper renders exhaustive prospects and recommendations.
•The nexus between energy transition, energy poverty and their impacts are investigated.•Influence of climate change, COVID-19, geo-politics, and energy infrastructure on energy transition.•Exhaustive prospects and recomme |
doi_str_mv | 10.1016/j.energy.2023.127487 |
format | Article |
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•The nexus between energy transition, energy poverty and their impacts are investigated.•Influence of climate change, COVID-19, geo-politics, and energy infrastructure on energy transition.•Exhaustive prospects and recommendations are rendered.•Requirement for inclusive investigations and recognition of energy poverty.</description><identifier>ISSN: 0360-5442</identifier><identifier>DOI: 10.1016/j.energy.2023.127487</identifier><language>eng</language><publisher>Elsevier Ltd</publisher><subject>affordability ; carbon sequestration ; Climate change ; COVID-19 ; ecosystems ; energy ; Energy crisis ; Energy poverty ; Geo-politics ; Green transition ; hydrogen ; infrastructure ; markets ; Renewable energy ; renewable energy sources ; supply chain ; wind</subject><ispartof>Energy (Oxford), 2023-07, Vol.275, p.127487, Article 127487</ispartof><rights>2023 Elsevier Ltd</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c390t-4dd942d6355d2187a62985b6e5e9103a2487b68e3f23eaa78c80f06992da92be3</citedby><cites>FETCH-LOGICAL-c390t-4dd942d6355d2187a62985b6e5e9103a2487b68e3f23eaa78c80f06992da92be3</cites><orcidid>0000-0003-2634-0014</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://www.sciencedirect.com/science/article/pii/S0360544223008812$$EHTML$$P50$$Gelsevier$$H</linktohtml><link.rule.ids>314,776,780,3537,27901,27902,65306</link.rule.ids></links><search><creatorcontrib>Hussain, Syed Asad</creatorcontrib><creatorcontrib>Razi, Faran</creatorcontrib><creatorcontrib>Hewage, Kasun</creatorcontrib><creatorcontrib>Sadiq, Rehan</creatorcontrib><title>The perspective of energy poverty and 1st energy crisis of green transition</title><title>Energy (Oxford)</title><description>The role of energy transition amidst the energy crisis and how policymakers can drive down emissions while focusing on energy security are critical. Given the geo-political situation, energy crisis volatility, energy shortage and climate change all affect the green transition and the short-term priorities for energy companies and policymakers. Energy security is not an isolated issue but has widespread implications as various sectors depend on energy supply to function properly. Governments around the world are faced with this trilemma, how to balance energy security with energy sustainability while also considering energy affordability. Sustainability has been in focus for about a decade. However, energy security is suddenly becoming one of the most important priorities that policymakers need to consider. Unfortunately, the renewable energy infrastructure is not yet ready to replace the growing volume of energy demand from hydrocarbon, which the world has been dependent on. This means, for now, a surge in energy generation through hydrocarbon to meet the existing energy demand deficit. However, it is important not to lose focus on the challenge of energy sustainability and climate change adaption and mitigation. Where trends like carbon capture and storage; solar, wind, hydro, green hydrogen, etc.; renewable energy infrastructure and integrations, with supply chain and engineering services consideration [in aspect for the growing market in this space] need better attention with regards to investment and full-scale implementation. This paper aims to analyze this 1st energy crisis of green transition with a priori on energy poverty with consideration of major influences and associated impacts. Furthermore, it proposes a specific framework for inclusive investigations, which considers the entire energy ecosystem with consideration of major influences, to enable the policymakers to better drive the green transition. This involves formulating energy policies that are not entirely conservative towards renewable energy sources but instead promote investments in both green and relatively more environmentally benign energy sources compared to high emission hydrocarbons. In this regard, this paper renders exhaustive prospects and recommendations.
•The nexus between energy transition, energy poverty and their impacts are investigated.•Influence of climate change, COVID-19, geo-politics, and energy infrastructure on energy transition.•Exhaustive prospects and recommendations are rendered.•Requirement for inclusive investigations and recognition of energy poverty.</description><subject>affordability</subject><subject>carbon sequestration</subject><subject>Climate change</subject><subject>COVID-19</subject><subject>ecosystems</subject><subject>energy</subject><subject>Energy crisis</subject><subject>Energy poverty</subject><subject>Geo-politics</subject><subject>Green transition</subject><subject>hydrogen</subject><subject>infrastructure</subject><subject>markets</subject><subject>Renewable energy</subject><subject>renewable energy sources</subject><subject>supply chain</subject><subject>wind</subject><issn>0360-5442</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2023</creationdate><recordtype>article</recordtype><recordid>eNp9kEtPwzAQhH0AifL4Bxx85JJgrx3HviChipeoxKWcLdfeFFdtEuy0Uv89qQJXTiuNZkY7HyG3nJWccXW_KbHFtD6WwECUHGqp6zMyY0KxopISLshlzhvGWKWNmZH35RfSHlPu0Q_xgLRr6FRA--6AaThS1wbK8_An-xRzzCffOiG2dEiuzXGIXXtNzhu3zXjze6_I5_PTcv5aLD5e3uaPi8ILw4ZChmAkBCWqKgDXtVNgdLVSWKHhTDgYP14pjaIBgc7V2mvWMGUMBGdgheKK3E29feq-95gHu4vZ43brWuz22YIWEsAoBaNVTlafupwTNrZPcefS0XJmT7zsxk677ImXnXiNsYcphuOMQ8Rks4_YegwxjZxs6OL_BT-90HeR</recordid><startdate>20230715</startdate><enddate>20230715</enddate><creator>Hussain, Syed Asad</creator><creator>Razi, Faran</creator><creator>Hewage, Kasun</creator><creator>Sadiq, Rehan</creator><general>Elsevier Ltd</general><scope>AAYXX</scope><scope>CITATION</scope><scope>7S9</scope><scope>L.6</scope><orcidid>https://orcid.org/0000-0003-2634-0014</orcidid></search><sort><creationdate>20230715</creationdate><title>The perspective of energy poverty and 1st energy crisis of green transition</title><author>Hussain, Syed Asad ; Razi, Faran ; Hewage, Kasun ; Sadiq, Rehan</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c390t-4dd942d6355d2187a62985b6e5e9103a2487b68e3f23eaa78c80f06992da92be3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2023</creationdate><topic>affordability</topic><topic>carbon sequestration</topic><topic>Climate change</topic><topic>COVID-19</topic><topic>ecosystems</topic><topic>energy</topic><topic>Energy crisis</topic><topic>Energy poverty</topic><topic>Geo-politics</topic><topic>Green transition</topic><topic>hydrogen</topic><topic>infrastructure</topic><topic>markets</topic><topic>Renewable energy</topic><topic>renewable energy sources</topic><topic>supply chain</topic><topic>wind</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Hussain, Syed Asad</creatorcontrib><creatorcontrib>Razi, Faran</creatorcontrib><creatorcontrib>Hewage, Kasun</creatorcontrib><creatorcontrib>Sadiq, Rehan</creatorcontrib><collection>CrossRef</collection><collection>AGRICOLA</collection><collection>AGRICOLA - Academic</collection><jtitle>Energy (Oxford)</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Hussain, Syed Asad</au><au>Razi, Faran</au><au>Hewage, Kasun</au><au>Sadiq, Rehan</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>The perspective of energy poverty and 1st energy crisis of green transition</atitle><jtitle>Energy (Oxford)</jtitle><date>2023-07-15</date><risdate>2023</risdate><volume>275</volume><spage>127487</spage><pages>127487-</pages><artnum>127487</artnum><issn>0360-5442</issn><abstract>The role of energy transition amidst the energy crisis and how policymakers can drive down emissions while focusing on energy security are critical. Given the geo-political situation, energy crisis volatility, energy shortage and climate change all affect the green transition and the short-term priorities for energy companies and policymakers. Energy security is not an isolated issue but has widespread implications as various sectors depend on energy supply to function properly. Governments around the world are faced with this trilemma, how to balance energy security with energy sustainability while also considering energy affordability. Sustainability has been in focus for about a decade. However, energy security is suddenly becoming one of the most important priorities that policymakers need to consider. Unfortunately, the renewable energy infrastructure is not yet ready to replace the growing volume of energy demand from hydrocarbon, which the world has been dependent on. This means, for now, a surge in energy generation through hydrocarbon to meet the existing energy demand deficit. However, it is important not to lose focus on the challenge of energy sustainability and climate change adaption and mitigation. Where trends like carbon capture and storage; solar, wind, hydro, green hydrogen, etc.; renewable energy infrastructure and integrations, with supply chain and engineering services consideration [in aspect for the growing market in this space] need better attention with regards to investment and full-scale implementation. This paper aims to analyze this 1st energy crisis of green transition with a priori on energy poverty with consideration of major influences and associated impacts. Furthermore, it proposes a specific framework for inclusive investigations, which considers the entire energy ecosystem with consideration of major influences, to enable the policymakers to better drive the green transition. This involves formulating energy policies that are not entirely conservative towards renewable energy sources but instead promote investments in both green and relatively more environmentally benign energy sources compared to high emission hydrocarbons. In this regard, this paper renders exhaustive prospects and recommendations.
•The nexus between energy transition, energy poverty and their impacts are investigated.•Influence of climate change, COVID-19, geo-politics, and energy infrastructure on energy transition.•Exhaustive prospects and recommendations are rendered.•Requirement for inclusive investigations and recognition of energy poverty.</abstract><pub>Elsevier Ltd</pub><doi>10.1016/j.energy.2023.127487</doi><orcidid>https://orcid.org/0000-0003-2634-0014</orcidid></addata></record> |
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subjects | affordability carbon sequestration Climate change COVID-19 ecosystems energy Energy crisis Energy poverty Geo-politics Green transition hydrogen infrastructure markets Renewable energy renewable energy sources supply chain wind |
title | The perspective of energy poverty and 1st energy crisis of green transition |
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