Submitted:
09 July 2024
Posted:
10 July 2024
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Abstract
Keywords:
1. Introduction
2. Study design
Data collection
Variables
Modelling and data analysis procedure
- − yi, t is scientific products of technology i at the time t
- − a is a constant; b is the coefficient of regression; u i,t = error term of technology i at the time t
- − log is logarithmic with base e= 2.7182818
3. New technologies for sustainable economies
4. Discussion
- ▪
-
Hydrogen (H2) is considered a sustainable energy driver, especially when generated using renewable energy sources such as solar, wind and hydropower. A distinction is between "grey" hydrogen, "blue" hydrogen and "green" hydrogen:
- "Grey" hydrogen is produced using natural gas by a "steam reforming" process that also generates CO2.
- "Blue" hydrogen is produced the same way, but more than 80% of the CO2 emissions are captured and stored rather than being released into the atmosphere.
- Finally, "Green hydrogen" is produced using renewable energy sources. This process can be done by means of the electrolysis of water using solar, wind or hydropower as the electricity source.
- ▪
- Carbon capture utilization and storage (CCU) enables the capture of carbon dioxide (CO2) generated by combustion or industrial processes. This CO2 can be used as a resource in manufacturing industries for products or to be stored, instead of being emitted into the atmosphere. Storage locations are underground geological formations, such as depleted oil or gas wells, or salt caverns. CCU is a general purpose technology for achieving net-zero emissions and carbon neutrality in economies (Coccia, 2015a, 2017a). Main advantages of CCU are that capturing CO2 directly at source prevents its emission into the atmosphere. The use of CCU is useful for hydrogen production processes that use fossil fuels ("blue" hydrogen). Moreover, CCU may support the goal of "negative emissions". In short, re-using CO2 can be an ingredient for new products such as a fuel, a chemical or a building material.
- ▪
- Photovoltaic installations have been located in places where the climate was conducive to a good number of hours of sunshine. Technology of floating photovoltaics uses the surface of important bodies of water to install floating photovoltaic panels. The World Bank argues that floating solar power could double the existing installed capacity of solar power using square kilometers of artificial water reservoirs, i.e., swamps, reservoirs and so on. Singapore in Asia inaugurated a 60 MW plant in 2021 and has requested a study for increasing to 140 MW. In Europe, the Netherlands has several floating photovoltaic plants and Spain has a lot of infrastructures of this new technology in reservoirs, dams, etc. (Iberdrola, 2024).
- ▪
- Finally, an alternative to recycling batteries is re-using them in second-life applications. Technology of liquid metal batteries is able to retain 99% of their original capacity over 5 000 charging cycles because they do not suffer the structural damage that conventional batteries experience as charged atoms flow through them. This technology can reduce the economic cost of storing solar and wind power on the electricity grid, leading to a larger overall proportion of clean power being consumed during peak load time.
- □
- Technology of redox-flow batteries have mainly aqueous-based systems, enable very flexible scalability and large-scale storage. Redox-flow batteries are a cost-effective technology of stationary storage, particularly when it comes to long discharges, long storage times and high cyclability. This technology is appropriate for integration into a renewable energy systems based on production and energy storage solutions.
- □
- Complex technology of smart grids for electricity delivery is based on smart metering infrastructure, smart distribution boards, renewable energy sources and energy storage systems. These elements are interconnected and monitored using fiber broadband paired with a wireless backup system in order to achieve the goal of "cost-efficiently integrate the behaviour and actions of all users connected to it - generators, consumers to ensure economically efficient, sustainable power system with low losses and high levels of quality and security of supply and safety”. Their advantages are networks that can handle bidirectional energy flow; network users can supply energy to the grid (for instance, generated by rooftop photovoltaic panels); moreover, smart grid technologies can support demand-side management, real-time adjustments in energy distribution lines and lower energy prices. In this context, blockchain platforms use a decentralized network of distributed nodes to validate transactions and maintain the smart grid data integrity (Centobelli et al., 2021). Smart grids are the basis for local energy markets such that energy customers are inter-related with producers to trade energy on a market platform by using blockchain technology and internet of things that can support decentralized market architectures (Strepparava et al., 2022).
5. Conclusions and energy policy implications for ecological society
| 1 | See also Coccia, 2022; Coccia et al., 2022. |
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| Queries of articles and patents of sustainable technologies | Data analyzed until June 2024 | ||
| Articles | Patents | ||
| Total number | Patent period | Total number | |
| Offshore wind turbine (1976-2024) | 10074 | (1998-2024) | 5541 |
| Floating photovoltaic systems (2012-2024) | 192 | (2010-2024) | 77 |
| Grey hydrogen (2007-2024) | 146 | (2001-2024) | 259 |
| Green hydrogen (1997-2024) | 5352 | (1991-2024) | 1033 |
| Blue hydrogen (2016-2024) | 265 | (1979-2024) | 358 |
| Carbon capture utilization and storage (2010-2024) | 1535 | (2013-2024) | 207 |
| Smart grids of electricity networks (2006-2024) | 480 | (2010-2024) | 313 |
| Redox-flow batteries (1979-2024) | 5932 | (1983-2024) | 7792 |
| Liquid metal batteries (2009-2024) | 259 | (1981-2024) | 226 |
| Coefficient B, time | Constant | F-test | R2 | |
| Offshore wind turbines | 0.17*** | −332.74*** | 218.32*** | 0.85 |
| Floating photovoltaic systems | 0.35*** | −697.83*** | 38.94*** | 0.80 |
| Grey Hydrogen | 0.22 | −443.71 | 5.16 | 0.56 |
| Green Hydrogen | 0.27*** | −541.44*** | 89.76*** | 0.81 |
| Blue Hydrogen | 0.64** | −1292.24** | 17.24** | 0.78 |
| Carbon Capture and Utilization | 0.35*** | −699.62*** | 88.60*** | 0.88 |
| Smart Grid for Electricity Network | 0.15** | −289.52** | 13.62** | 0.45 |
| Redox-flow batteries | 0.16*** | −316.80*** | 307.08*** | 0.88 |
| Liquid Metal Batteries | 0.25*** | −491.67*** | 62.74*** | 0.83 |
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