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Abstract
On the path to climate neutrality, global production locations and trade patterns of basic materials might change due to the heterogeneous availability of renewable electricity. Here we estimate the ‘renewables pull’, that is, the energy-cost savings, for varying depths of relocation for three key tradable energy-intensive industrial commodities: steel, urea and ethylene. For an electricity-price difference of €40 MWh
−1
, we find respective relocation savings of 18%, 32% and 38%, which might, despite soft factors in the private sector, lead to green relocation. Conserving today’s production patterns by shipping hydrogen is substantially costlier, whereas trading intermediate products could save costs while keeping substantial value creation in renewable-scarce importing regions. In renewable-scarce regions, a societal debate on macroeconomic, industrial and geopolitical implications is needed, potentially resulting in selective policies of green-relocation protection.
Academic Publication Impact of global heterogeneity of renewable energy supply on heavy industrial production and green value chains
Research Abstract & Technology Focus
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The impact of Fintech on corporate carbon emissions: Towards green and sustainable development
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Optimizing renewable energy investments using artificial intelligence-based multi-facet fuzzy decision models
Improving the performance of renewable energy projects is significant in the global energy transformation process. However, there is no consensus in the literature on which technical indicators are...
How causality impacts the renewable energy, carbon emissions, and economic growth nexus in the South Caucasus Countries?
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Global Carbon Budget 2024
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The green hydrogen ambition and implementation gap
Abstract Green hydrogen is critical for decarbonizing hard-to-electrify sectors, but it faces high costs and investment risks. Here we define and quantify the green hydrogen ambition and ...
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What is the core focus of the research titled 'Impact of global heterogeneity of renewable energy supply on heavy industrial production and green value chains'?
This literature focuses on: Abstract On the path to climate neutrality, global production locations and trade patterns of basic materials might change due to the heterogeneous availability of renewable electricity. Here we estimate the ...
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Yes, open-source projects like BigBodyCobain/Shadowbroker (Open-source intelligence for the global theater. Track everything from the corporate/private jets of the wealthy, and spy satellites, to seismic ev...) are actively building upon these concepts.
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What other academic literature is closely related to 'Impact of global heterogeneity of renewable energy supply on heavy industrial production and green value chains'?
Yes, highly correlated activity was mapped. An entry titled 'The impact of Fintech on corporate carbon emissions: Towards green and sustainable development' discusses this: AbstractFintech, as the fusion of finance and technology, has not only transformed the traditional financial industry and contributed to reshaping ...
Are there commercial applications of 'Impact of global heterogeneity of renewable energy supply on heavy industrial production and green value chains' in market news publications?
Yes, highly correlated activity was mapped. An entry titled 'Optimizing renewable energy investments using artificial intelligence-based multi-facet fuzzy decision models' discusses this: Improving the performance of renewable energy projects is significant in the global energy transformation process. However, there is no consensus i...
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Commercial Realization
Startups and Open Source tools heavily associated with the concepts explored in this paper.
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GitHubBigBodyCobain/Shadowbroker
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GitHubsimplifaisoul/osiris
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Product HuntStraude
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Product HuntCleo Labs