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In the context of increasing integration and relevance of distributed energy resources, this paper proposes an advanced public policy to maximize their long-term benefits through optimal regulated electricity market management. More specifically, the focus is on renewable distributed generation and energy storage systems. The proposed policy arises from three models or techniques, i.e., the optimized tariff model (regulated electricity market model), Bass diffusion model (long-term forecasting of the integration of distributed energy resources), and random walk (risk assessment technique), along with a stochastic optimization problem. The policy leads to socioeconomic welfare maximization while ensuring fairness for all the market players and enhanced control by the regulatory agency on the integration of distributed energy resources. By applying the policy to a concession area located in northeastern Brazil, where photovoltaic distributed generation systems dominate the market share, results demonstrate that it is highly valuable as a 156 (MR$) mean socioeconomic welfare gain was achieved when optimizing the design variables (compared to a non-optimal solution). [Display omitted] [ABSTRACT FROM AUTHOR]

In this study, projections and current status of municipal solid waste generation worldwide and its collection, final destination, and waste-to-energy technologies are reviewed. Firstly, an overview of waste generation worldwide is presented comparing income levels and the material composition of residues in several regions. This paper focused on contrasting Brazil and Portugal in terms of waste production and its management from generation to disposal or treatment. Furthermore, it is presented a summary of leading waste-to-energy technologies such as incineration, anaerobic digestion, gasification, pyrolysis, co-combustion, co-gasification, among others. Technical aspects of these thermo-chemical, biological, and physic-chemical processes for the production of biofuels such as biogas, syngas, biodiesel, and hydrogen-enriched gases are presented. Additionally, current aspects of the waste-to-energy market are exposed regarding the major players, investments, and expectations for the future of this activity with the elaboration of SWOT analyses. Finally, a review of greenhouse gases emissions worldwide is presented, specifically from Brazil and Portugal, as well as some consequences of these pollutant gases on the society and the environment and which are the main technologies for carbon dioxide capturing and sequestration as promising solutions for lower pollutant gases concentration in the atmosphere. This review paper aims to provide information for the management of municipal solid waste in Brazil and Portugal considering the mutual objective of meeting sustainable development goals. [ABSTRACT FROM AUTHOR]

The present paper explored the effect of renewable energy, financial development, and technological innovation on the ecological footprint in Brazil using a yearly dataset stretching between 1990 and 2018. The research leverage dynamic autoregressive distributed lag, Bayern and Hank cointegration, and frequency domain causality to explore these interrelationships. The ARDL bounds test outcome confirms a long-run connection between ecological footprint and its drivers. Besides, we employed the Bayern and Hank cointegration, and the outcome resonated with the ARDL bounds test result. Moreover, the dynamic ARDL outcomes disclosed that economic progress worsens the ecosystem whilst renewable energy, trade globalization, and technological innovation lessen the ecological footprint. In addition, no significant interrelationship was found between financial development and ecological footprint. Moreover, with the exemption of financial development, all the exogenous variables can forecast the ecological footprint in Brazil. The study proposes that policymakers in Brazil should undertake investments in research and development in order to achieve technological innovation. Furthermore, since technological innovation has been shown to contribute significantly to lowering the ecological footprint, it is possible to assume that enhancing current technology is the ultimate remedy to Brazil's ecological problems. • Dynamic ARDL applied to Brazil's time series data. • Renewable energy and Technology innovation improve environmental quality. • Trade and globalization also reduce Ecological Footprints (EF). • Economic Growth contributes to higher EF. [ABSTRACT FROM AUTHOR]

Hydroelectric power plants have been losing competitiveness to renewable resources in Brazil, specifically wind and solar power resources, given the current water crisis in the country, which has left main reservoirs in the Brazilian hydroelectric power system depleted. However, other renewable energy resources show disadvantages in terms of intermittence and energy storage. Pumped Hydropower Storage (PHS) can help mitigate this problem, supplying energy with fewer variations. This paper studied using PHS concepts together with solar and/or wind renewable resources to recover water levels at the Furnas reservoir in terms of energy and economic performance. The energy studies were developed by sizing the PHS and identifying solar and wind resource potential for supplying energy for pumps in the hydropower plant. The economic analyses considered three different scenarios (I; II and III), and used the NPV (Net Present Value), and LCOE (Levelized Cost of Electricity) methods for a period of 30 years. Energy calculations showed that 1692 MWh/day of energy could be generated using PHS. However, 2729 MWh/day of energy would be needed to store generated energy, and a 1037 MWh negative energy balance will be compensated for by using daily wind and/or solar photovoltaic power production. This would allow the Furnas reservoir to regain 0.45 m of its water level per year. The economic studies showed economic viability for PHS scenarios I and III, with estimated NPV at 151.5 million dollars, and 64.5 million dollars for the last year of the project, respectively. Scenario II was unviable, giving rise to several strong discussions on this application within Brazil. • Wind and solar sources were considered for the pump energy supply. • The proposed system can recover 0.45 m/year of the level in the Furnas reservoir. • The energy production of the reversible power plant was estimated as 1,692MWh/day. • Economic feasibility was evaluated in many scenarios using NPV and LCOEmethods. • Market regulation is required for the diffusion of this technology in Brazil. [ABSTRACT FROM AUTHOR]

This paper proposes a method to assess the financial attractiveness provided by adding a Battery Energy Storage System (BESS) in distributed photovoltaic (PV) generation on public buildings in Brazil. The method is applicable to prosumer units (PU) connected on the medium voltage grid operating under time-based electricity tariffs. The BESS primary objective was to achieve optimal reductions in electric energy expenses through effective energy arbitrage mechanisms. The procedural steps of the methodology begin with an analysis encompassing assessment of solar resource, PU consumption profile, and BESS sizing and operation. Subsequently, steps entail contracted power optimization, PU net-metering analysis, and evaluation of BESS impacts on electric energy expenses. Lastly, a regulatory and economic analysis is conducted incorporation considerations on BESS taxation, behind-the-meter regulations, and a sensitivity assessment extending to the 2030 outlook. By 2050, it is anticipated that PV generation will surpass hydropower, becoming the predominant component of Brazil's energy mix. This shift is expected to create an increased need for solutions, notably storage systems, capable of meeting flexibility requirements and maintaining grid resilience. The results suggest that the financial viability of incorporating BESS becomes favourable when the battery cost is below 365 $/kWh. In approximately 50% of the Brazilian territory, prevailing economic conditions support the adoption of BESS. Nationwide feasibility of integration is anticipated for the year 2027. It was observed that government policies to exempt BESS taxation, even if temporary, would be extremely interesting to promote the widespread adoption of this technology. The 2030 outlook of the transition to these benign renewable energy technologies is already in place, and will dominate the energy mix. [ABSTRACT FROM AUTHOR]

The use of wind power has gained prominence on the world stage, especially in Brazil. In addition to generating energy free of emissions, wind technology is the second cheapest generation option in Brazil. At the same time, it has contributed to reducing hydrological vulnerability caused by climate variation. Although wind power has experienced a steady expansion in the last decade, recent poor outcomes of wind auctions produced uncertainty about the future of this technology in the country. This paper analyses the influence of contract mechanisms used in Brazilian energy auctions for the growth of wind generation. To do this, a scenario analysis based on a hybrid simulation model is used, combining agent-based modelling (ABM) and system dynamics (SD). From the hybrid simulation, the effect of the wind project cancellation policy is analysed, on the one hand, and different ceiling prices for competing sources in the auctions are assessed, on the other. Moreover, the simulation model shows how hydro conditions affect reserve energy auctions. [ABSTRACT FROM AUTHOR]

This paper performs Fourier cointegration and causality tests to analyze the effect of renewable energy generation, globalization, and agricultural activities on ecological footprint and carbon dioxide (CO 2) emissions in BRIC countries for the period 1971–2016. The Fourier ADL cointegration test supports a long-run relationship between the considered variables in Brazil and China. The long-term elasticities indicate that globalization increases the pollution indicators, while renewable energy generation significantly reduces environmental pressure in China. Moreover, globalization increases CO 2 emissions, while renewable energy generation improves environmental quality in Brazil. The causality results show the existence of bidirectional causality between agriculture and environmental degradation; unidirectional relationships from globalization to the ecological footprint and CO 2 emissions; and renewable energy generation to the ecological indicators. Overall, these findings reveal the importance of renewable energy in combating environmental degradation. Based on the above results, renewable energy generation can significantly reduce environmental pollution in Brazil and China. However, renewable energy does not affect environmental pressure in Russia and India. Therefore, these countries should differentiate the current renewable energy generation policies to achieve their sustainable development goals. [ABSTRACT FROM AUTHOR]