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Direct and indirect electrification of industry and beyond

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  • Cédric Philibert

Abstract

Achieving net zero greenhouse gas emissions is very challenging. Given the limitations in the direct use of renewable energy for heat and mobility, electrification of the broad economy seems a must, provided electricity supply is CO2-free. The recent cost reductions of solar and wind technologies, their immense potential, and the improvement in electric technologies for industry and transport, open new avenues for achieving humankind’s climate mitigation goals. However, a large fraction of the best solar and wind resources are situated far away from large consumption centres. Moreover, the variability of solar and wind and the shortcomings of electricity storage limit the scope for direct electrification. Indirect electrification through electrolysis of water and the use of hydrogen and hydrogen-rich feedstock and fuels may in all end-use sectors complement electrification where it appears excessively challenging, serve the power sector itself, and also help harness remote resources and ship them to consumers or industries.

Suggested Citation

  • Cédric Philibert, 2019. "Direct and indirect electrification of industry and beyond," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 35(2), pages 197-217.
    • Handle: RePEc:oup:oxford:v:35:y:2019:i:2:p:197-217.
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    File URL: http://hdl.handle.net/10.1093/oxrep/grz006
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    Cited by:

    1. Juliana Zapata Riveros & Matthias Speich & Mirjam West & Silvia Ulli-Beer, 2021. "Combining Business Model Innovation and Model-Based Analysis to Tackle the Deep Uncertainty of Societal Transitions—A Case Study on Industrial Electrification and Power Grid Management," Sustainability, MDPI, vol. 13(13), pages 1-29, June.
    2. Qichen Wang & Zhengmeng Hou & Yilin Guo & Liangchao Huang & Yanli Fang & Wei Sun & Yuhan Ge, 2023. "Enhancing Energy Transition through Sector Coupling: A Review of Technologies and Models," Energies, MDPI, vol. 16(13), pages 1-31, July.
    3. Dmitry A. Sladkovskiy & Dmitry Yu. Murzin, 2022. "Integrated Power Systems for Oil Refinery and Petrochemical Processes," Energies, MDPI, vol. 15(17), pages 1-20, September.
    4. Deger Saygin & Dolf Gielen, 2021. "Zero-Emission Pathway for the Global Chemical and Petrochemical Sector," Energies, MDPI, vol. 14(13), pages 1-28, June.

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