Analysis of Long-range Clean Energy Investment Scenarios forEritrea, East Africa
We discuss energy efficiency and renewable energy investments in Eritrea from the strategic long-term economic perspective of meeting Eritrea's sustainable development goals and reducing greenhouse gas emissions. Energy efficiency and renewable energy are potentially important contributors to national productive capital accumulation, enhancement of the environment, expansion of energy services, increases in household standard of living, and improvements in health. In this study we develop a spreadsheet model for calculating some of the national benefits and costs of different levels of investment in energy efficiency and renewable energy. We then present the results of the model in terms of investment demand and investment scenario curves. These curves express the contribution that efficiency and renewable energy projects can make in terms of reduced energy sector operating expenses, and reduced carbon emissions. We provide demand and supply curves that show the rate of return, the cost of carbon emissions reductions vs. supply, and the evolution of the marginal carbon emissions per dollar of GDP for different investment levels and different fuel-type subsectors.
- Research Organization:
- Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)
- Sponsoring Organization:
- USDOE; Distributed Generation Systems AccountE347EE
- DOE Contract Number:
- DE-AC02-05CH11231
- OSTI ID:
- 886977
- Report Number(s):
- LBNL-56369; ENPYAC; BnR: 600301010; TRN: US200617%%416
- Journal Information:
- Energy Policy, Vol. 34, Issue 14; Related Information: Journal Publication Date: 2006; ISSN 0301-4215
- Country of Publication:
- United States
- Language:
- English
Similar Records
The Economic Impacts of High Wind Penetration Scenarios in the United States
VersiCharge-SG - Smart Grid Capable Electric Vehicle Supply Equipment (EVSE) for Residential Applications