Affiliation:
1. Institute for Economics and Forecasting National Academy of Sciences of Ukraine;
National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute”
2. Institute for Economics and Forecasting National Academy of Sciences of Ukraine
Abstract
Nowadays the world energy system faces numerous transitions and shifts of the existing socio-technical regimes towards higher sustainability. Along with it, the sustainable transitions are often being postponed, slowed down or rejected to avoid negative externalities that could threaten the system stability. In this study, we aim to reach the deeper understanding of the externalities of energy transitions and the vulnerability of energy systems under the influence of negative externalities caused by sustainable energy transitions. Using the Externality theory (Baumol, Oates), Sociotechnical transition theory (Geels), as well as Energy sustainability Trilemma Method for the evaluation of the sustainability of energy systems we argue that such externalities need to be treated (internalized, avoided) by special policy measures other than common (classical) ways which may cause slowing down of sustainability transitions and make extra barriers for them. Transitions to more clean and low-carbon energy systems using energy technologies such as solar, wind, small hydro, biomass, waste management, e-vehicles are in the scope of this paper. It classifies the wide range of policy methods (classical and new) being applied separately and simultaneously, and analyses their application in energy policies designing aimed to combat negative externalities of energy sustainability transitions worldwide, so they might be minimized by properly tailored energy policy in each particular case.
Publisher
Belarusian National Technical University
Subject
Energy Engineering and Power Technology,Nuclear Energy and Engineering,Renewable Energy, Sustainability and the Environment
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