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Abstract

Today green energy agenda is in the lead position in the media space and scientific community. The countries have put forward ambitious strategies for green energy development: cut CO2 emissions, introduce new financial instruments. Australia is no exception. The country is trying to start a massive green energy transformation, but its effect on the economy of Australia is dubious, especially taking the losses of profit from coal exports into account. The article aims at answering the main question: is massive green transformation necessary for Australia and the ones, which follow it, namely, how can green energy transformation be conducted in the country, what sources of renewable energy are preferable in the country and how does the green energy transition influence the Australian economy? The key findings include: the proof of the non-necessity of massive green energy transformation in Australia, the proof that solar and wind power are the most effective renewable energy resources in the country and the proof that Australia should slow down the green energy transformation if it wants to preserve its economic prosperity.
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Authors and Affiliations

Elnur Mekhdiev
1
ORCID: ORCID
Igbal Guliev
2
ORCID: ORCID
Kristina Benashvili
2
ORCID: ORCID

  1. Center for Analysis, Risk Management and Internal Control in Digital Space, Financial University under the Government of the Russian Federation, Russia
  2. International Institute of Energy Policy and Diplomacy, MGIMO University, Russia
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Abstract

The issues of green energy and sustainable development are one of the most discussed and most important today in face of the global challenges, such as global warming, greenhouse emissions, degradation of the ecology etc. In this regard, green energy is obviously a necessary part of the energy policy of a country. Still, economic crises and instability have led to the necessity to form a sustainable economy; hence the crossing of the two mentioned policies leads to the necessity to figure out what sustainable green energy is. The issues of green energy are very important for the developing economies, which are highly limited in financial resources. The countries of Latin America are among the ones which face significant issues in this sphere. The article is devoted to the formulation of this concept and to the proof that sustainable energy development is individual for every country. The scope of the research is the Latin American region, within the years since 2000. The authors conducted a regression analysis of the GDPs of several countries, namely, Brazil, Argentina, Peru and Colombia and their green energy sectors, and formulated conclusions on sustainable energy sources in these countries. The key findings include the proof of sustainable green energy sources for every researched country and the strategies for the improvement of these countries’ renewable energy sector performance. The novelty of the article encompasses the methodology used and the concept of sustainable renewable energy.
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Authors and Affiliations

Igbal Guliev
1
ORCID: ORCID
Ekaterina Krivosheeva
1
ORCID: ORCID
Luiza Akieva
1
ORCID: ORCID
Petr Kruzhilin
1
ORCID: ORCID

  1. International Institute of Energy Policy and Diplomacy, MGIMO University, Russia
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Abstract

The structural economic problems of Turkey have led to the significant challenges for the development of the country, especially in the postcoronavirus economy. One of such challenges is the achievement of the sustainable development imperatives in combination with the preservation of the competitive advantages of the Turkish economy. The loss of the major drivers of the economy of the country, including tourism and logistics, in complex with the economic deterioration of the monetary system of the country are the major components of the current crisis. This controversy is analyzed in the paper along with the search for the best options of the energy sphere development in Turkey. This search covers economic aspects of the current situation in the country. The authors put forward and prove a hypothesis that Turkey energy system can be more influential on its economic development. This proof is based on the energy mix analysis and on the thorough review of the potential of the country for the green energy development and its economic effectiveness for the country. The key findings of the article include the proof that the sustainable development and the green energy development in Turkey are quite different processes, which are on intention divided by political measures, the proof that Turkey has serious issues in development of the energy sector due to its low influence on the economic development in its current state, the developed recommendations for the better structuring of the energy sector development.
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Authors and Affiliations

Ibragim Pashaev
1
ORCID: ORCID

  1. International Institute of Energy Policy and Diplomacy, MGIMO University, Russia
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Abstract

The introduction of energy conservation and resource conservation measures has a positive impact on the environment and is one of the components of sustainable development at the macro level. In turn, at the micro level, such measures lead to a systematic decrease in the production costs of companies and thereby expand their economic and financial security. This article is devoted to the development of methodological tools for modeling the environmental and economic effect of added value created in the energy service market. For this, the peculiarities and components of the energy service contract have been identified. It has been established that one of the indicators of the conclusion of such a contract is the indicator of energy efficiency and environmental friendliness of measures in the structure of the added value of an energy service company. An analysis of existing models of added value created in the energy service market is carried out. A model of economic value added is taken as the basis for modeling the ecological and economic effect of added value created in the energy service market. The rationale is that such value-added is a modification of the economic profit indicator, which measures the financial result of a company, considering not only accounting costs but also the opportunity costs of invested capital for energy efficiency and environmental measures.
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Authors and Affiliations

Oleksandr Dluhopolskyi
1
ORCID: ORCID
Vasyl Brych
2
ORCID: ORCID
Olena Borysiak
2
ORCID: ORCID
Mykhailo Fedirko
2
ORCID: ORCID
Nataliya Dziubanovska
2
ORCID: ORCID
Nataliya Halysh
2
ORCID: ORCID

  1. West Ukrainian National University, Ternopil Volodymyr Hnatiuk National Pedagogical University, Ukraine
  2. West Ukrainian National University, Ukraine
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Abstract

The following work gives the details of the modelling, simulation, and testing of a small portable gravitational water vortex (GWV) based power plant. The gravitation water vortex is an ideal source of renewable energy for rural areas that have a small body of flowing water. For this purpose, we have selected a small size for the vortex chamber that enables it to form a vortex with limited amounts of water. The paper gives the details of the simulation of the GWV in COMSOL FEA software and the parameters that were chosen for optimization. These parameters were the height of the vortex chamber, the number of blades, the length of the blades, and the tilt angle of the blades. These parameters were systematically varied step by step, to observe their effect on the speed of the rotor. The results of the parametric sweep that was performed on all the parameters are also presented. Based on the simulation results an optimal set of parameters was chosen for the physical implementation of the GWV. The paper also goes into the details of the construction of the physical GWV, the experimental setup that was devised for the testing and verification of the simulation results.
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Authors and Affiliations

Vinayakumar B.
1
ORCID: ORCID
Rahul Antonyo
1
ORCID: ORCID
Binson V.A.
1
ORCID: ORCID
Youhan Sunnyo
1
ORCID: ORCID

  1. Saintgits College of Engineering, Pathamuttom P.O Kottayam, Kerala, India Pincode: 686532
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Abstract

The amount of solid organic waste is constantly growing. This is caused by the growth of industrial and agricultural capacities, and the inefficiency of existing waste processing technologies. Biotechnologies can provide effective environmentally friendly solutions for waste treatment. Therefore, the goal of our work was to compare the efficiency of strictly anaerobic fermentation of multi-component solid organic waste with hydrogen synthesis and waste treatment with pulsed air access in batch bioreactors.During fermentation, the following parameters were controlled: pH, redox potential (Eh), concentration of dissolved organics, and the content of H2, O2, and CO2 in the gas phase. The efficiency was evaluated via the process duration, calculation of the ratio of the initial and final weight of waste (Кd), and the yield of molecular hydrogen. Obtained results revealed high efficiency of organic waste degradation in both variants. The weight of waste 83-fold and 86-fold decreased, respectively. The time required for fermentation in strictly anaerobic conditions was 4 days, whereas 7 days were required for the mode with pulsed air access. The first variant provided a 2.8-fold higher hydrogen yield (54±4,1 L/kg of waste), and the second one provided a decrease in the concentration of dissolved organic compounds in the fermentation fluid. Fermentation is the effective approach for accelerated degradation of solid organic waste. Strictly anaerobic fermentation appeared to be useful in the need to accelerate the process. The mode with the pulsed air access can provide not only degradation of solid waste but also purification of the fermentation fluid.
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Authors and Affiliations

Vira Hovorukha
1 2
ORCID: ORCID

  1. Institute of Environmental Engineering and Biotechnology, University of Opole, Poland
  2. Department of Extremophilic Microorganisms Biology, D.K. Zabolotny Institute of Microbiologyand Virology of the National Academy of Sciences of Ukraine, Kyiv, Ukraine

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