Promotion of energy conservation in developing countries through the combination of ESCO and CDM: A case study of introducing distributed energy resources into Chinese urban areas
The implementation of an energy service company (ESCO) project in developing countries may result not only in reduced energy cost but also in considerable environmental benefits, including the reduction of CO2 emissions, which can be assessed in an economic manner under the Clean Development Mechanism (CDM) scheme. In this way, the economic and environmental benefits of energy conservation activities can be enjoyed by both the investor and the end-user, which can reduce the investment risk and realize a rational profit allocation. This study presents a numerical analysis of the introduction of distributed energy resources (DER) into a Chinese urban area. An optimization model is developed to determine the energy system combination under the constraints on the electrical and thermal balances and equipment availability. According to the simulation results, the introduction of DER systems possesses considerable potential to reduce CO2 emissions, especially when considering that the economic profit of the CO2 credit will increase the incentive to adopt DER systems to an even greater extent. Furthermore, by sharing the energy cost savings with the investors under an ESCO framework, the investment risk can be further reduced, and the conditions required for the project to qualify for CDM can be relaxed.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Reddy, B. Sudhakara & Balachandra, P., 2006. "Dynamics of technology shifts in the household sector--implications for clean development mechanism," Energy Policy, Elsevier, vol. 34(16), pages 2586-2599, November.
- Wang, Qiang & Chen, Yong, 2010. "Barriers and opportunities of using the clean development mechanism to advance renewable energy development in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(7), pages 1989-1998, September.
- Ren, Hongbo & Zhou, Weisheng & Nakagami, Ken'ichi & Gao, Weijun, 2010. "Integrated design and evaluation of biomass energy system taking into consideration demand side characteristics," Energy, Elsevier, vol. 35(5), pages 2210-2222.
- Gilau, Asmerom M. & Van Buskirk, Robert & Small, Mitchell J., 2007. "Enabling optimal energy options under the Clean Development Mechanism," Energy Policy, Elsevier, vol. 35(11), pages 5526-5534, November.
- Zhao, Xingshu & Michaelowa, Axel, 2006. "CDM potential for rural transition in China case study: Options in Yinzhou district, Zhejiang province," Energy Policy, Elsevier, vol. 34(14), pages 1867-1882, September.
- Ren, Hongbo & Gao, Weijun, 2010. "A MILP model for integrated plan and evaluation of distributed energy systems," Applied Energy, Elsevier, vol. 87(3), pages 1001-1014, March.
- Ruan, Yingjun & Liu, Qingrong & Zhou, Weiguo & Firestone, Ryan & Gao, Weijun & Watanabe, Toshiyuki, 2009. "Optimal option of distributed generation technologies for various commercial buildings," Applied Energy, Elsevier, vol. 86(9), pages 1641-1653, September.
When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:39:y:2011:i:12:p:8125-8136. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamier, Wendy)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.