Search Results (32)

The European Union has implemented various trade policies in the textile and clothing sector, a major global employment generator, over the past three decades. This paper investigates how these evolving policies have impacted the four largest exporters of textiles and clothing to the EU. A notable trend emerges: India’s share of the EU market has declined and China has stagnated, while Bangladesh and Vietnam have seen significant gains. Using an Augmented Gravity Model, the study examines whether this shift is a result of broader global market dynamics or specific consequences of the EU’s tariffs, non-tariff measures, and its preferential trade agreement—the Everything But Arms initiative—with Bangladesh. Drawing on New Trade Theory, the research explores the interplay between these policies and their differential impact on developed (China), developing (India and Vietnam), and least-developed (Bangladesh) countries. It highlights the strategic role of NTMs and questions whether the EU’s focus on supporting least-developed countries might unintentionally undermine trade fairness for other nations within the global textile and clothing market. The paper contributes to the ongoing policy debate on strengthening the India–EU trade relationship, particularly in the context of current discussions around the India–EU Free Trade Agreement. Full article

Energy communities (ECs) have emerged across the EU, with the Clean Energy Package providing the legal foundation for the establishment of energy communities. The actual transposition is up to the member states, leading to heterogeneous regulatory approaches. The national frameworks often provide financial support mechanisms like local grid tariffs, along with regulatory limitations on size and membership, which significantly influence the business case for ECs. This paper analyzes the economic feasibility of ECs under different national frameworks in Spain, Portugal, France, Italy, and Austria. Two scenarios were evaluated by means of a case study, consisting of households and two public entities. The first scenario compares national incentives under uniform conditions, while the second considers country-specific factors like PV irradiation and electricity costs. Results show that energy communities can only partially decouple electricity prices from market dynamics. The study concludes that financial incentives lead to adequate financial savings for the members in most countries; however, the level of incentive does not necessarily relate to the number of established energy communities. Electricity grid benefits could be created by promoting demand response measures in the EC. Full article

Asia accounted for 167.1 million tons of global fisheries and aquaculture production, 75 percent of the world’s total. Seafood, especially aquaculture products, is a dominant and growing sector and crucial in the Asia-Pacific region for ensuring global food security, supporting sustainable livelihoods, reducing poverty for small-scale fisheries, and promoting environmental sustainability. However, amidst the current backdrop of the World Trade Organization (WTO)‘s inefficiency and dysfunctional mechanism, coupled with a slowdown in global economic growth and the resurgence of trade unilateralism and protectionism, these challenges have created significant barriers to trade, limiting market access and hindering the sustainable growth of the seafood industry. The implementation of the Regional Comprehensive Economic Partnership (RCEP) offers Asia-Pacific economies a promising opportunity to expand trade and stimulate economic growth sustainably. In this study, we aim to provide a comprehensive overview of the potential effects of the RCEP on aquatic products trade among the parties. A key marginal contribution in our study is that we adjusted the existing tariff rates under other FTAs to the same period as tariff rates under RCEP and compared the concession rates between these different FTAs to clearly illustrate the potential tariff effects of RCEP. On the non-tariff side, we analyze specific provisions in the RCEP agreement that could potentially affect aquatic products trade and evaluate their possible impacts. The results showed that, as of 2022, in almost all RCEP parties, the average tariffs under the RCEP agreement are generally higher than those under other existing FTAs, which indicates that the tariff concession efforts under RCEP are limited for most parties. However, due to certain progressiveness compared to other FTAs in terms of its provisions on non-tariff measures, such as rules of origin, sanitary and phytosanitary measures (SPS) regulations, etc., RCEP has the potential to benefit a broader range of countries and products, making market access more convenient and inclusive for the seafood industry. Full article

Associated with more ambitious targets for reducing emissions, the European Union (EU) plans to implement the Carbon Border Adjustment Mechanism (CBAM) fully in 2026, aiming to reduce carbon leakage and competitiveness concerns by imposing tariffs on carbon-intensive imports, which is expected to significantly impact its trade partners. Existing research has focused on CBAM’s impact on macroeconomic indicators but has insufficiently addressed its effects on global and regional carbon leakage, especially in non-EU countries like China. This research offers a detailed analysis of industry-specific leakage rates and integrates both global and regional impacts by employing the dynamic recursive GTAP-E general equilibrium model to numerically simulate CBAM’s inhibitory effect on carbon leakage under different carbon tariff scenarios, while also exploring the synergistic effects of anti-leakage policies in non-EU countries. Our simulations indicate the following: (1) CBAM effectively inhibits carbon leakage, with greater inhibition observed at higher tax rates and with the expansion of covered industries. (2) Establishing China’s domestic carbon market pricing can further reduce regional carbon leakage rates. Implementing global export carbon tax policies will significantly diminish the risk of global carbon leakage. (3) The implementation of CBAM is projected to reduce China’s total exports to the EU, though this loss will be partly offset by trade diversion effects. Carbon-intensive industries are more adversely affected in the short term, while all industries except fossil fuels face inevitable long-term negative impacts. Full article

The increasing utilisation of the distribution grid caused by the ramp-up of electromobility and additional electrification can be eased with flexibility through smart and bidirectional charging use cases. Implementing market-oriented, grid-, and system-serving use cases must be tailored to the different national framework conditions, both in technical and regulatory terms. This paper sets out an evaluation methodology for assessing the implementation of smart and bidirectional charging use cases in different countries. Nine use cases are considered, and influencing factors are identified. The evaluation methodology and detailed analysis are applied to Austria, the Czech Republic, Denmark, Finland, France, Germany, Italy, the Netherlands, Spain, and Sweden. In every country, the implementation of vehicle-to-home use cases is possible. Realising market-oriented use cases is feasible in countries with a completed smart meter rollout and availability of tariffs with real-time pricing. Grid-serving and ancillary service use cases depend most on country-specific regulation, which is why no clear trend can be identified. Use cases that require direct remote controllability are the most distant from implementation. The overarching analysis provides orientation for the design of transnational products and research and can serve as a basis for a harmonisation process in regulation. Full article

The current electricity default rates in continental countries, such as Brazil, pose risks to the economic stability and investment capabilities of distribution utilities. This situation results in higher electricity tariffs for regular customers. From a regulatory perspective, the key issue regarding this challenge is devising incentive mechanisms that reward distribution utilities for their operational and investment choices, aiming to mitigate or decrease electricity non-payment rates and avoid tariff increases for regular customers. Despite adhering to the principles of incentive regulation, the Brazilian Electricity Regulatory Agency (ANEEL) uses a methodological approach to define regulatory targets for electricity defaults tied to econometric models developed to determine targets to combat electricity non-technical losses (NTLs). This methodology has been widely criticized by electricity distribution utilities and academics because it includes many ad hoc steps and fails to consider the components that capture the specificities and heterogeneity of distribution utilities. This study proposes a fuzzy inference-based model for defining regulatory default targets built independently of the current methodological approach adopted by ANEEL and aligned with the principles of incentive regulation. An empirical study focusing on the residential class of electricity consumption demonstrated that it is possible to adopt a specific methodology for determining regulatory default targets and that the fuzzy inference approach can meet the necessary premises to ensure that the principles of incentive regulation and the establishment of regulatory targets are consistent with the reality of each electricity distribution utility. Full article

Natural gas is a fossil resource less polluting compared to oil and coal. Despite the large volumes of proven reserves in Brazil, exploration and production are low because of several factors like the lack of infrastructure along several regions of the country, the regulatory model in the consolidation phase, and legal impasses regarding tariffs. In the Brazilian north region, the expansion of the natural gas market is even more complex due to regional specificities both in relation to natural characteristics and the existence of conflicts of interest that impact regional development. However, natural gas has been gaining notoriety over the years, with the existence of large projects that foster the gas market in some states in the region. This article aimed to discuss the impacts of increasing the participation of natural gas in the regional energy matrix through small-scale LNG projects, analyzing the case of the state of Roraima and the impacts of the Azulão-Jaguatirica II Project on this state. As a result, this research presented an evaluation of the existent regulation in Brazilian’s northern states, a bibliometric analysis of natural gas in the Brazilian Amazon which demonstrated how little the topic is covered, and a SWOT matrix about the impacts of natural gas in regional energy supply in order to help future decision-making on the subject. Full article

Climate change and the energy crisis forced industrialized countries to contain CO₂ emissions and use indigenous renewable energy sources. Geothermal energy undoubtedly has great potential, particularly thermal energy, given that 48% of the final energy consumption in the EU20 countries in 2021 was related to heating and cooling systems. The present study verifies and compares the feasibility of realizing district heating systems in two different contexts: (i) depleted hydrocarbon fields with the repurposing of existing hydrocarbon wells into geothermal wells and (ii) areas with documented geothermal resources. The two selected case studies are located, respectively, near Romentino (Northern Italy, province of Novara) and Tuscania (Central Italy, province of Viterbo). Following an assessment of the geothermal resources in the two selected case studies, specific methodological tools have been developed to evaluate the energy demand in the municipalities and determine the projects’ economics. Both case studies show positive economic indices assuming heat tariffs aligned with the values recorded in the 2020–2021 period. However, our results show how reusing hydrocarbon wells in geothermal wells constitutes an excellent opportunity to access geothermal resources, significantly reducing the necessary investment and the mining risk and strongly improving the economics of the projects. Full article

The increasing peak electricity demand and the growth of renewable energy sources with high variability underscore the need for effective electrical energy storage (EES). While conventional systems like hydropower storage remain crucial, innovative technologies such as lithium batteries are gaining traction due to falling costs. This paper examines the diverse applications of energy storage, spanning from grid connectivity to end-user solutions, and emphasizes large-scale energy recovery and system stability. The integration of EES with various energy infrastructures and consumer strategies is explored, highlighting the use of tariffs and peak pricing systems for energy cost savings. Country-specific priorities shape EES deployment, with the U.S focusing on grid stability, Japan on emergency power, and South Korea, still in the demonstration phase, prioritizing peak demand reduction. Our analysis of the UK, U.S., and South Korea reveals the pivotal role of energy storage in achieving flexible and efficient energy systems. The industry shows promising growth, with significant commercial expansion expected around 2035, presenting profound policy and deployment implications for the future. Full article

Access to inexpensive, safe, consistent, and clean energy is a critical necessity for all to achieve the SDGs. India’s renewable energy (RE) currently accounts for more than a third of the 482 GW of installed capacity and more than 40 percent of power production (including large-scale hydropower). Reforms such as the establishment of a single national power grid have improved access to electricity for people, and the ambitious development of renewable energy, which is the world’s third-largest energy generator and third-largest electricity user, has helped in achieving these aims. As a result, the expansion of national targets signifies and reflects the country’s optimism and goal for the forthcoming generation. Standardization of the guidelines and development of the stable grid and transmission networks will only enable the country to achieve the ambitious target of 500 GW of green and clean energy by 2030. This paper highlights the important development in the power sector regarding the energy security of India. As well as specifically examining the initiative of NSMs for achieving the 2030 targets, the key challenges, and the way forward to increase the cumulative installed capacity, comprehensive studies of various policies and government initiatives are also discussed. Furthermore, the key challenges usually faced by the developers in the industry, along with the steep decline and rise in the tariffs of solar projects and the previous trends in capacity installation, are also pointed out. This research work also highlights the potential key challenges to achieving the targets, and will thus provide a focus for power developers, policy makers, researchers, and industry practitioners and help with their planning. In the current scenario, the supply of food and the clean energy nexus are required to meet the demands of people’s livelihoods. Full article

As an archipelagic country, Indonesia needs ferry transportation to connect and support the economic activities between areas bounded by the sea. The famous crossing route is the Merak–Bakauheni one, which connects the Java and Sumatra economic corridors. Many ships operate on this route, but limited port facilities significantly affect the efficiencies of the services provided, hence, they have to be moved. Therefore, this research analyzed the suitability of ships to operate on the eastern crossing. The analysis method used the financial aspect (revenue) feasibility, the suitability of the port infrastructure, and the oceanographic conditions. The financial analysis used the ships’ operating cost method to determine the crossing passage rates based on their specifications. It simulated the ships with various load factors to identify potential gains or losses. Furthermore, the infrastructure suitability analysis used the under keel clearance and comparative methods to compare the suitability of the ship dimensions and tonnage with the port infrastructure capacity. The oceanographic analysis used the Weibull method to simulate the redefinition of the distribution of significant wave heights, which was compared with the ratio of the ship dimensions and wave slope to determine its heel angle using the IMO Weather Criterion method (IS Code 2008). The results showed that the relocation of ships from the Merak–Bakauheni route directly to Eastern Indonesia through the existing crossing routes is feasible from the aspect of shipping safety, but it is not feasible financially or in terms of infrastructure. The Benoa–Labuan Bajo route is a potential new route recommendation, with regulatory support for the operation of ships in the form of tariffs and operational costs, and it permits the use of subsidized fuel. On the other hand, ship owners must consider modifying the ramp door to suit the port wharf structure. Full article

Public policies and economic incentives are widely used as a strategy to stimulate the use of green technologies and low-emission practices in the waterborne transport sector. Since the Paris Agreement, countries have been encouraged to implement more strategies to reduce greenhouse gas emissions and to build resilience against climate change impacts in developing countries. This article presents a literature review on policies, regulations, and programs that represent economic incentives to promote alternatives to decarbonize maritime and inland waterway transport in sixteen countries, including Colombia. More than one hundred thirty sources of information were reviewed, including official portals of governments, port authorities and organizations, and scientific articles; therefore, the incentives found were grouped into three categories: project financing, differentiated port tariffs, and incentives to cover onshore power service fees. As a result of this review, it was found that differentiated port tariffs were the most common type of incentive. Finally, the specific case of Colombia was analyzed, which provides a deeper perspective of current policies and measures aimed at encouraging the decarbonization of waterborne transport and compares them with the international panorama. Full article

The transition from conventional fossil fuels to renewable energy is necessary, along with the increase in energy consumption and the decline in national energy production. In its application, increasing the renewable energy mix has many challenges, especially cost-efficiency. Thus, to make renewable energy competitive and achieve a significant acceleration of the mix, massive energy incentive policies are being studied and developed. This study provided a specific overview of policies and strategies for tariff incentives related to renewable energy, particularly in developing and developed countries. An essential section of this study discusses the comparison between Indonesia and other countries, as well as the current status and an ideal policy related to renewable energy for this country. The implementation of energy incentive policies in each country is quite different, depending on the potential, technological readiness, and political and economic conditions. Compared with other policy mechanisms such as RPS, FIT policies are more efficient at increasing capacity and stimulating R&D inputs to reduce costs. In terms of the stage of economic development and characteristics of the electricity system, the price adjustment model, such as that used in East Asia, is more suitable for application in Indonesia than other models. Full article

The article considers the problems arising in the implementation of energy-saving technologies in the housing and communal services sector of Kazakhstan, including the example of specific situations. Despite the global trend of energy saving and increasing the energy efficiency of production and service provision, there is almost no introduction of energy-saving technologies by utility companies in Kazakhstan. After reviewing the experience of the previous 10 years and the unsuccessful attempts of Western manufacturers to enter this market, we identified the reasons for this situation, namely, the need to identify the exact institutional need for implementation with reference to the Kazakhstan regulatory framework, the need to consider the financial effect of the projects, not according to the prices of the producing countries (which are usually Western countries, where utility bills are much higher) but the Kazakhstan energy prices and/or tariffs for the necessary resources, as well as the necessity to calculate the economic and/or social effectiveness of the project. The authors present the results of the analysis of public utilities of Kazakhstan as DMUs (decision-making units). Data envelopment analysis (DEA) was chosen as the method of analysis, which allows for a nonparametric evaluation of economic agents by several input and output parameters. The authors also propose aspects of technical policy aimed at the development of energy conservation in Kazakhstan. Full article

China’s waste plastic ban has sparked a discussion about how the global plastic waste trade (GPWT) will develop in the future. To answer this question, this article uses the link forecasting and QAP method to predict and analyze the possible development trend of the GPWT in the future. The research results show that GPWT has certain stability and sustainability; although plastic waste trade has narrowed under the ban, it still has the potential trend of reconnecting the same type of links. Specifically, from a regional perspective, the future trade of new plastic waste trade will be dominated by cross-regional trade. Plastic waste may continue to flow to countries in the Asian–Pacific, Middle East, and African regions, while European countries will strengthen the internal recycling and processing of plastic waste. From the perspective of the national income level, the establishment of the new relationship will show an evolutionary trend in which high-income countries are dominated and the scale of trade between non-high-income countries expands. In addition, the differences in the level of economic development, liner transport connectivity, and the proportion of mismanagement of plastic waste among countries has a positive effect on the establishment of a new relationship in the GPWT, while tariff rates have an inhibitory effect. In general, the GPWT will still exist in the future, which requires the international community to guide the GPWT to promote the recycling and reuse of plastic waste in a real sense and adjust the unreasonable trade model. Full article