Drivers of CO۲ Emissions from Power Plants in Selected Fossil Fuel-Producing Countries

Publish Year: 1401
نوع سند: مقاله ژورنالی
زبان: English
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شناسه ملی سند علمی:

JR_IJEED-1-1_001

تاریخ نمایه سازی: 20 تیر 1401

Abstract:

Fossil fuel-producing countries have access to low-cost primary energy sources, which could be converted into cheap secondary energies like electricity. Although, it is worth noting that this process always generates a high rate of emissions. Most of the energy-related emissions in fossil fuel-producing countries are caused by power plants. This study focuses on data from seven major fossil fuel-producing countries of the Middle East from ۲۰۰۰ to ۲۰۱۸. These countries include Bahrain, Iran, Oman, Qatar, Kuwait, Saudi Arabia, and the United Arab Emirates. The analysis is based on a dynamic panel data model using GMM techniques. The results show that switching from oil-fired power plants to natural gas-fired power plants does not reduce power plant CO۲ emissions. However, fuel switching could be an effective climate policy in cases where electricity is generated by burning low-quality oil products. Our analysis also indicates that by increasing the thermal efficiency of power plants, CO۲ emissions in fossil fuel-producing countries could be reduced. To conclude, we recommend incorporating power plant efficiency improvements into emission reduction efforts in fossil fuel-producing counties.

Authors

Vahid Ghorbani Pashakolaie

Assistant Professor, Department of energy economics, Niroo Research Institute (NRI), Iran

Kioumars Heydari

Assistant Professor, Department of energy economics, Niroo Research Institute (NRI), Iran

Mohammad Sayadi

Assistant Professor, Department of energy economics & Resources, Kharazmi University, Iran