An Economic and Environmental Assessment of High-Temperature Technologies in the Energy Transition: A Cross-Country Study of Divergent ESG Strategies

The paper presents a comparative economic and environmental assessment of high-temperature steam turbine technologies (subcritical, supercritical, ultra-supercritical, and advanced ultra-supercritical cycles) within the energy transition. The research employs a model-based analysis to evaluate the cost of electricity production across countries with divergent environmental, social and governance (ESG) strategies, reflected in their carbon pricing mechanisms. The developed model estimates the economic feasibility and optimal timing for the transition to high-efficiency technologies, based on the projected fuel cost dynamics. Within the framework of the model, the optimal energy transition timings for implementing advanced ultra-supercritical steam turbine technologies were established: 2031 for the energy transition model in the Russian Federation (a country with developing ESG principles) and 2018 for the model in the Czech Republic (a country with an emerging ESG strategy). The results indicate that while carbon pricing mechanisms influence economic feasibility, hydrocarbon fuel costs remain the predominant factor. The study concludes that the enhancement of conventional generation technologies aligns with all three pillars of the ESG framework and facilitates the transition to a sustainable development model for the energy sector and the national economy.