Electrification as a factor in replacing hydrocarbon fuel
Lazar Gitelman,
Mikhail Kozhevnikov and
Maksim Ditenberg
Energy, 2024, vol. 307, issue C
Abstract:
The article looks at the role of electrification that is expanding as a key factor in transitioning to a low-carbon economy. The study is based on a systemic approach and aims to provide a comprehensive understanding of the necessary transformations in energy production and consumption directed at phasing out fossil fuels and advancing the climate agenda. The novelty of the study resides in the development of conceptual foundations of the fuel-saving aspect of electrification which makes it possible to not only significantly reduce the negative environmental effects in regions, but also to ensure intensive economic growth through the application of advanced energy technologies and minimization of the use of a scarce energy carrier - natural gas - in the power industry and industry. The article clarifies the conceptual apparatus, defines the characteristics and patterns of the new stage of electrification, assesses the impact of electrification on the economic growth and environmental safety of the region, gives recommendations on optimizing the technological structure of the electric power industry in the context of the changing requirements for the parameters of electricity supply. The authors propose a methodology for accounting for the environmental factor in the electrification of the region, which includes ranking and selecting facilities to be electrified according to the minimum “electric fuel replacement ratio”; using the associated energy saving effect for financial compensation of the environmental burden, as well as introducing electricity demand management programs that improve the environmental situation in the region. The article defines the sequence of the implementation of the fuel-saving aspect of electrification and formulates a set of progressive solutions that would invigorate the relevant projects.
Keywords: Electrification; Energy transition; Electric power industry; Smart city; Environmental effects; Circular economy (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:307:y:2024:i:c:s036054422402574x
DOI: 10.1016/j.energy.2024.132800
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