Leveraging Carbon Markets for Clean Energy Transition: Evaluating the UAE National Carbon Credit Registry (NRCC) as a Catalyst for Renewable Energy Projects Deployment
クリーンエネルギー移行のための炭素市場活用：UAE国家炭素クレジット登録簿（NRCC）の再生可能エネルギープロジェクト展開促進効果の評価 (AI 翻訳)
Z. Awda, B. Al Hammadi
🤖 gxceed AI 要約
日本語
本論文は、2024年に設立されたUAEの国家炭素クレジット登録簿（NRCC）が再生可能エネルギープロジェクトの資金調達と展開に与える影響を評価する。100MW太陽光発電プロジェクトの技術経済モデルを用い、炭素収入がプロジェクト収益性に与える影響を分析。炭素価格が100～200ドル/トンの場合、LCOEが30%削減、IRRが8～12%向上、割引回収期間が大幅に短縮されることを示した。EU ETSとの比較から、新興市場では完全に成熟した取引メカニズムの構築が困難であると指摘し、ベースラインの標準化や価格フロアの設定など政策改善を提案している。
English
This paper evaluates the UAE's National Carbon Credit Registry (NRCC), established in 2024, as a catalyst for renewable energy deployment. Using a techno-economic model of a 100 MW solar PV project, it shows that carbon revenues of $100-200/tCO2 can reduce LCOE by 30%, increase IRR by 8-12%, and significantly shorten discounted payback periods. Comparing with the EU ETS, it highlights challenges in establishing mature trading mechanisms in emerging markets and recommends policy refinements such as baseline standardization and price floors to enhance market stability and attract long-term private investment.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
日本では2023年度からGXリーグによるカーボン・クレジット市場が始動したばかりであり、新興炭素市場の設計と再エネ促進効果の実証分析は、日本の制度設計に示唆を与える。特に、炭素価格とプロジェクト収益性の感応度分析は、日本のJ-クレジット制度やGX-ETSの価格設定に参考となる。
In the global GX context
This paper provides empirical evidence on how carbon credit registries can enhance renewable energy project bankability, relevant to global discussions on Article 6 of the Paris Agreement and voluntary carbon markets. The comparison with EU ETS offers insights for emerging carbon markets in developing countries and regions designing their own carbon pricing mechanisms.
👥 読者別の含意
🔬研究者:Provides a techno-economic framework linking carbon revenues to renewable project financials, useful for modeling carbon market impacts.
🏢実務担当者:Demonstrates how carbon credits can improve project IRR and LCOE, informing investment decisions in renewable energy under carbon pricing.
🏛政策担当者:Offers policy recommendations (baseline standardization, price floors) for designing effective carbon credit registries in emerging markets.
📄 Abstract（原文）
Abstract This paper assesses the National Carbon Credit Registry (NRCC) created in the United Arab Emirates in 2024, evaluating its performance in bolstering the trade and funding of renewable energy initiatives. A techno-economic model of a 100 MW photovoltaic project is used in the analysis of carbon revenues at $10-200 per ton of CO2, and a sensitivity study on discount rates (6%, 8%, 10%), the analysis clearly shows that increasing of carbon revenues (100-200$) will substantially increase project profitability especially when discount rate is low (6, 8%) as compared to rise in discount rates (8-10%). The case study results show that by using carbon pricing, LCOE could be reduced by 30%, IRR could increase 8-12%, and the discounted payback is remarkably decreased. Comparing the European Union Emissions Trading System (EU ETS) reveals marked differences in market maturity, regulation, and price volatility risk, primarily because a fully mature trading mechanism is challenging to establish within an emerging market. Though the NRCC works to strengthen the bankability of the renewable energy investment, the paper identifies some policy refinements that are vital in enhancing the stability of markets, as well as attracting longer-term private investment and guaranteeing long-term sustainability of the UAE carbon trading system development, including a standardization of baselines and placing price floors on carbon.
🔗 Provenance — このレコードを発見したソース
- openaire https://doi.org/10.2118/229150-msfirst seen 2026-05-05 19:06:47
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