Bond financing for renewable energy in Asia

International Nuclear Information System (INIS)

Ng, Thiam Hee; Tao, Jacqueline Yujia

2016-01-01

Addressing the financing gap for renewable energy (RE) projects in Asia is critical to ensure that the rapidly increasing energy needs could be met sustainably. This paper explores the cause of the financing gap in Asia and proposes the use of bond financing to address the financing gap. Specifically, three fixed income instruments, namely local currency denominated (LCY) corporate bonds, asset backed project bonds and financial green bonds, will be assessed. Whilst the potential for these three instruments to mobilize large flows of private sector financing is great, key supportive policies aimed at reducing the capital market bias for conventional power generation technologies and supportive RE policies are required. Another key aspect would be the necessary deepening of local and regional fixed income markets before such capital market instruments are able to play a big role. - Highlights: •This study looks at the current financing gap and RE financing landscape in developing Asia. •LCY corporate bonds, asset backed projects bonds and financial green bonds could help to address the financing gap for RE in the region. •Policy recommendations for building the fixed income market for RE projects are provided.

Financing renewable energy in developing countries. Drivers and barriers for private finance in sub-Saharan Africa

Energy Technology Data Exchange (ETDEWEB)

NONE

2012-02-15

The focus of this report is to identify and portray current barriers to the scaling up of private investment and finance for electricity generation from renewable energy sources in the sub-Saharan region. Best practice in tackling these barriers is identified, partly from a literature review but especially from the results of a survey conducted among 36 financial institutions that are UNEP Finance Initiative members and two non-member banks (all survey respondents have experience in the field of energy infrastructure finance). Promising avenues in the areas of local policy reform, incentive mechanisms and international de-risking instruments are highlighted. In particular, this report addresses the following questions: (a) Why are sub-Saharan Africa and developing countries elsewhere failing to expand electricity generation from renewable sources? What are the barriers to such expansion? What is keeping the risk-return profile of renewable energy investments in sub-Saharan Africa unattractive and projects commercially unviable?; (b) What have been the experiences of private sector lenders and investors in the area of renewable energy projects in developing countries? What barriers and drivers have they encountered, and how can these experiences be of use in sub-Saharan Africa?; (c) What can be learned from the modest but encouraging successes of a few sub-Saharan African countries? Can these results be replicated? What was done in these countries to improve the risk-return profile of renewable energy and unlock private finance?.

Financing renewable energy infrastructure: Formulation, pricing and impact of a carbon revenue bond

International Nuclear Information System (INIS)

Tang, Amy; Chiara, Nicola; Taylor, John E.

2012-01-01

Renewable energy systems depend on large financial incentives to compete with conventional generation methods. Market-based incentives, including state-level REC markets and international carbon markets have been proposed as solutions to increase renewable energy investment. In this paper we introduce and formulate a carbon revenue bond, a financing tool to complement environmental credit markets to encourage renewable energy investment. To illustrate its use, we value the bond by predicting future revenue using stochastic processes after analyzing historical price data. Three illustrative examples are presented for renewable energy development in three different markets: Europe, Australia and New Jersey. Our findings reveal that the sale of a carbon revenue bond with a ten year maturity can finance a significant portion of a project's initial cost. - Highlights: ► Current financial incentives for renewable energy in the US are inadequate. ► We introduce and structure a “carbon revenue bond” as an innovative financing tool. ► Stochastic models of environmental credit prices are used to illustrate bond pricing. ► Three examples illustrate revenue bond impact on initial cost of infrastructure.

Comparison of selected approaches to finance renewable energy projects in European countries

International Nuclear Information System (INIS)

Langniss, O.

1999-01-01

A large number of proven technical solutions exists for the use of renewable energies. However, their dissemination is still too slow to meet the political goal of substituting for 8-15% of the primary energy demand in the European Union by the year 2010. Even renewable energy systems (RES) with an economic potential are only partly exploited. The FIRE research project financed partly in the JOULE program analyses and compares the means of financing RES in Austria, Denmark, Germany, the Netherlands, Spain, Sweden and the United Kingdom to put forward best practice recommendations so that renewable energy depolyments will occur at a faster rate. FIRE addresses to politicians, to potential investors and to project-developers. (orig./RHM)

Renewable energies in France. New financing modes and challenges for French actors

International Nuclear Information System (INIS)

2014-11-01

This document comprises three reports and a video. The first report is an executive summary which focuses on the main factors of evolution of the activity in the field of renewable energies, and stresses factors of change and their strategic consequences. The second report proposes a strategic analysis which addresses key challenges and problematic of the sector, analyses the evolution of competition, deciphers the strategies of the main operators, and tries to identify the best performing business models. It proposes an overview of the situation of the French market of renewable energies (hydraulic, wind, solar photovoltaic, solar thermal, biomass including biogas, waste combustion, geothermal and heat pumps), a precise description of renewable energy financing modes (notably four models: capital-investment, green bonds, institutional financing, participative financing), an analysis of opportunities for the different French renewable energy sectors on the medium term, and an identification of actors with an analysis of their market positioning. The third report proposes data which provide a comprehensive and structured overview of the market, of its dynamics and of operators. It presents the market environment (energy policy, energy assessment, housing fleet, GDP, other environmental factors), the French market of renewable energies (final consumption, primary production, turnover of 5 component suppliers and of 5 operators, renewable heat production and consumption, renewable electric power production and consumption), and the competitive environment (economic structure, overview of main manufacturers, exploiters and operators in France) with a more detailed presentation of 18 manufacturers, owners and operators). The video proposes a presentation of operational conclusions of this study

Workshop Proceedings on Financing the Development and Deployment of Renewable Energy Technologies

Energy Technology Data Exchange (ETDEWEB)

None

1995-05-16

The Working Party on Renewable Energy (REWP) of the International Energy Agency (IEA) organized a two-day seminar on the role of financing organizations in the development and deployment of renewable energy (RE). The World Bank (WB) and the US Department of Energy (USDOE) hosted the workshop. Delegates were mainly senior government representatives from the 23 IEA member countries, whose responsibilities are related to all or most of the renewable sources of energy. In addition, representatives of the European Union, United Nations, trade organizations, utilities and industries and the WB attended the meeting. The workshop was recognized as an important first step in a dialog required between the parties involved in the development of RE technology, project preparation and the financing of RE. It was also recognized that much more is required--particularly in terms of increased collaboration and coordination, and innovative financing--for RE to enter the market at an accelerated pace, and that other parties (for example from the private sector and recipient countries) need to have increased involvement in future initiatives.

Financing of renewable energy from biomass in the Central and Eastern Europe

International Nuclear Information System (INIS)

Vajda, P.

2004-01-01

In this paper author presents activities of International Finance Corporation in the field of renewable energy. Author is focused on a description of one of last program called 'Commercializing Energy Efficiency Finance' (CEEF) than to cover all available related products or programs. The CEEF program represents an innovative approach leading to sustainable financing of EE projects including RE biomass projects. Financing of some EE projects in the Central and Eastern Europe is described

Renewable energy finance and project ownership. The impact of alternative development structures on the cost of wind power

International Nuclear Information System (INIS)

Wiser, R.H.

1997-01-01

This paper uses traditional financial cash flow techniques to examine the impact of different ownership and financing structures on the cost of renewable energy, specifically wind power. Most large, non-hydroelectric, renewable energy projects are developed, owned and financed by private non-utility generators. Recently, however, US utilities have begun to consider owning and financing their own wind power facilities rather than purchasing power from independent renewable energy suppliers. Utilities in other countries have also expressed interest in direct renewable energy investments. A primary justification for utility ownership of wind turbine power plants is that utility self-financing and ownership is cheaper than purchasing wind energy from non-utility renewable energy suppliers. The results presented in this paper support that justification, although some of the estimated cost savings associated with utility ownership are a result of suboptimal utility analysis procedures and implicit risk shifting. Financing terms and variables are shown to significantly impact wind power costs. (author)

Renewable energy sources, finance and sustainability outlook and latest evolution

International Nuclear Information System (INIS)

Paesani, P.

2008-01-01

Environment-related reasons, pressure by public opinion, and above all the strong belief that green technologies will be highly profitable pave the way to higher investments of private finance on renewable energy sources [it

Financing Renewable Energy Projects on Contaminated Lands, Landfills, and Mine Sites

Science.gov (United States)

Provides information concerning financing tools and structures, as well as federal financial incentives that may be available for redeveloping potentially contaminated sites, landfills, or mine sites for renewable energy for site owners.

Financing Renewable Energy Projects in Developing Countries: A Critical Review

Science.gov (United States)

Donastorg, A.; Renukappa, S.; Suresh, S.

2017-08-01

Access to clean and stable energy, meeting sustainable development goals, the fossil fuel dependency and depletion are some of the reasons that have impacted developing countries to transform the business as usual economy to a more sustainable economy. However, access and availability of finance is a major challenge for many developing countries. Financing renewable energy projects require access to significant resources, by multiple parties, at varying points in the project life cycles. This research aims to investigate sources and new trends in financing RE projects in developing countries. For this purpose, a detail and in-depth literature review have been conducted to explore the sources and trends of current RE financial investment and projects, to understand the gaps and limitations. This paper concludes that there are various internal and external sources of finance available for RE projects in developing countries.

Financing the development of renewable energy projects of territorial interest

International Nuclear Information System (INIS)

Regnier, Yannick; Bailleul, Esther; Claustre, Raphael; Bessiere, Patrick; Boumard, Erwan; Peulemeulle, Justine; Causse, Laurent; Coton, Patrice; Djemouai, Nadia; Dubus, Jean-Michel; Duffes, Thomas; Gauduchon, Marie-Veronique; Raguet, Alex; Ghewy, Etienne; Heitz, Philippe; Jedliczka, Marc; Jourdain, Pierre; Julien, Emmanuel; Marcenac, Guillaume; Marillier, Frederic; Massias, Louis; Picot, Roland; Poize, Noemie; Quantin, Jacques; Rabian, Jean; Rocaboy, Dominique; Rumolino, Claudio; Sabin, Patrick; Saultier, Patrick; Tincelin-Salomon, Claire; Trillaud, Nicolas; Vachette, Philippe; Verhaeghe, Laure

2016-11-01

This report highlights the relationship between a territorial project (its autonomous strategy) and projects of renewable energy which could and should be developed. It focuses on large projects of electric power production, notably those based on solar and wind energy for which such a territorial anchoring is not as obvious as for the production of heat or gas (heat networks are necessarily local, and biomass production and supply as well). Thus, its outlines how these projects can be a benefit for a territory, the stakes of participation for the different local actors, and discusses how such a participation is to be organised. It describes different aspects of the way a project development phase is to be financed: stakes (financing needs, risks, peculiarities of local financing, project management and governance), financing typologies, development ease and safety, support of development financing (capital-risk tools, intervention of local public companies, advance payments, subsidies). The last part addresses how to locally finance the other project phases (stakes during construction and exploitation, intervention modes by participation, financial tools or loans)

How we promote renewable energies. Financing aids, examples, contacts

International Nuclear Information System (INIS)

1996-08-01

The present brochure informas the reader on possibilities of promotion and financing aids for renewable energies in Germany. In order to facilitate his understanding of the prinicpal technologies eligible for promotion it briefly describes the special features of the relevant technologies in an easily understandable manner. At the end the reader will find useful addresses and literature references. (orig./RHM) [de

Financing renewable energies through MicroCredit

Energy Technology Data Exchange (ETDEWEB)

Wimmer, N. [Terra One World Network, Vaterstetten (Germany)

1999-07-01

The environment, which led to the creation of the Grameen Bank was: no access to credit for the poor in rural Bangladesh. The environment, which led to the creation of Grameen Shakti was: no access to electricity and renewable energies. Through the experience of Grameen, we see the poor differently: they are good business partners, open to modern technology, they can and must be integrated into the economy. Microcredit not only creates purchasing. Power, but acceptance of new ideas and technologies. Microcredit is a catalyst for change. Our challenge is to create an environment which allows change to take place. To create an environment which finances sustainable development. Sustainable development is everybody's business. (orig./RHM)

Financing renewable energies through MicroCredit

International Nuclear Information System (INIS)

Wimmer, N.

1999-01-01

The environment, which led to the creation of the Grameen Bank was: no access to credit for the poor in rural Bangladesh. The environment, which led to the creation of Grameen Shakti was: no access to electricity and renewable energies. Through the experience of Grameen, we see the poor differently: they are good business partners, open to modern technology, they can and must be integrated into the economy. Microcredit not only creates purchasing. Power, but acceptance of new ideas and technologies. Microcredit is a catalyst for change. Our challenge is to create an environment which allows change to take place. To create an environment which finances sustainable development. Sustainable development is everybody's business. (orig./RHM)

Analysis of Project Finance | Energy Analysis | NREL

Science.gov (United States)

Analysis of Project Finance Analysis of Project Finance NREL analysis helps potential renewable energy developers and investors gain insights into the complex world of project finance. Renewable energy project finance is complex, requiring knowledge of federal tax credits, state-level incentives, renewable

Financing U.S. Renewable Energy Projects Through Public Capital Vehicles: Qualitative and Quantitative Benefits

Energy Technology Data Exchange (ETDEWEB)

Mendelsohn, M.; Feldman, D.

2013-04-01

This paper explores the possibility of financing renewable energy projects through raising capital in the public markets. It gives an overview of the size, structure, and benefits of public capital markets, as well as showing how renewable energy projects might take advantage of this source of new funds to lower the cost of electricity.

Carbon finance options in renewable energy

International Nuclear Information System (INIS)

Nahar, P.

2010-01-01

The Kyoto Protocol splits the world into two categories, notably Annex 1 with binding targets; and non-Annex 1 without any binding targets. This presentation discussed the Kyoto Protocol, with particular reference to the flexibility mechanisms which allow countries to achieve their emission targets in a cost effective way through emission trading, joint implementation, or clean development mechanisms (CDM). The CDM was outlined in detail in terms of how it works. The CDM key concepts include baseline use, additionality, and monitoring. Reasons for risk and CDM renewable energy projects were also outlined. Other topics that were presented included the impact of carbon finance; United States federal climate policy; European Union policy; EVO structured carbon; portfolio management; and EVO structured carbon. tabs., figs.

Approaches for the financing of renewable energy in Europe

International Nuclear Information System (INIS)

Schwer, P.; Kornmann-Wimmer, K.

2007-06-01

This report for the Swiss Federal Office of Energy (SFOE) examines financing instruments that are already available in selected European countries and which could also be adapted for use in Switzerland, too. The study is limited to European countries that are comparable with Switzerland in terms of size, geography and gross national product. Further limitations are investment volumes of under 20 million Euro/project and the consideration of only those technologies concerned with the production of electrical power. Thus, the report considers biogas, solar, geothermal and small-hydro technologies in France, Austria, Denmark, Germany, Italy, Norway, Belgium and Switzerland. External and internal financing is considered as well as mezzanine capital. Varying taxation in the various countries is looked at as is the contracting/leasing situation and subsidies available for renewable energy projects. Risk management is discussed. Finally, the transferability of the various financing instruments to Switzerland is examined. Suggestions are made on how small and medium-sized enterprises can be supported in an active and growing Swiss market

Financing of renewable electric technologies in developing countries - an Indian view

International Nuclear Information System (INIS)

Bakshi, R.

1999-01-01

To encourage the growth of renewable energy technologies and to provide adequate finance at concessional rates, the Indian Renewable Energy Development Agency Ltd. (IREDA), a Public Sector Undertaking, was established by the Ministry of Non-conventional Energy Sources in the year 1987. IREDA is perhaps the only agency of its kind established in the world for financing renewable energy projects. A number of renowned multilateral and bilateral agencies have come forward to join this global movement for sustained development, IREDA has, over the past decade of its existence, launched several innovative inititatives to promote, develop and finance various renewable energy technologies in the country. (orig./RHM)

Financing renewables - wind energy

International Nuclear Information System (INIS)

Armstrong, J.

1998-01-01

This paper describes the status of the wind energy markets world-wide, in Europe and in the UK. It outlines the main methods of financing wind energy installations and discusses why different institutional structures have led to different markets in the UK and in Germany, with some concern about the state of the UK onshore industry. The paper looks ahead to the opening up of the potentially much larger offshore wind resource, concluding that in this area, existing UK development and financing structures are well suited. (Author)

Financing schemes increasing energy efficiency and renewable energy use in public and private buildings. Comparative study

International Nuclear Information System (INIS)

2014-03-01

What are the solutions to the municipal budget cuts? How can the cities finance their energy transition? What can we do to make it a driving force to boost the local economy and job creation? What are the new financial cash flows for this new economy? One of the solutions is to rethink financing solutions, and the local authorities that are engaged in energy transition are the best placed to do so. Many cities have voluntarily committed to reducing CO_2 emissions on their territories, notably by increasing energy efficiency and the use of renewable energy sources. Nearly 6,500 cities are committed to the objective to meet and exceed the European Union 20% CO_2 reduction objective by 2020. They have already developed their Baseline Emissions Inventories and Sustainable Energy Action Plans and thus are well aware of the energy flows on their territories, energy saving potential and the cost-effectiveness of the planned measures. The next step is to secure their financing sources and here both the private and public sector play a key role. Governments at all levels (European, national, regional and local), financial institutions, businesses, citizens and other local stakeholders should channel part of their funds to measures that help achieving our common energy and climate goals. Local authorities' role is to motivate and coordinate players on their territory. For its part, the European Union increased the amount allocated to energy efficiency and renewable energy projects in its 2014-2020 budget, giving a signal that a shift towards a low carbon economy is one of its top priorities. This could be a significant boost for local energy transition. However, the European Commission also announced that the EU budget should be spent in a more sustainable way and announced a progressive move from grants to loans and innovative financial instruments, in particular for projects that are viable on the current market. Many front-running Covenant signatories dedicate their human

Conference on energy transition financing in France and Germany

International Nuclear Information System (INIS)

Faucheux, Ivan; Rid, Urban; Sickenberger, Peter; Ricordeau, Damien; Schmidt, Gerrit

2014-01-01

The French-German office for Renewable energies (OFAEnR) organised a conference on the energy transition financing in France and in Germany. In the framework of this French-German exchange of experience, participants exchanged views on the legal framework, the instruments and the role of financing institutions in the development of a low-carbon society and economy. Questions regarding the successful financing of renewable energy projects and the expectations of financiers were addressed. This document brings together the available presentations (slides) made during this event: 1 - Regulatory framework for investment in the 'green sector' in France (Ivan Faucheux); 2 - Overview of the financing framework for the German 'Energiewende' (Rid, Urban); 3 - Financing Renewables - KfW's Instruments and Track Record (Peter Sickenberger); 4 - French Overview on Renewable energy Financing (Damien Ricordeau); 5 - Profitability analysis of renewable energies in Germany: Which stakeholders and financing models have proven successful? (Gerrit Schmidt)

The EIB and the financing of renewable energy sources

International Nuclear Information System (INIS)

Marty-Gauque, H.

2004-01-01

As a financial institution o the European Union, The European Investment Bank is working and to add substance to the commitments made by the Union and its Member States at Kyoto and subsequently at Johannesburg. Over the last two years, renewable energy sources have attracted funding of more than 1.1 billion from the bank, equivalent to 14% of the total loans granted to the energy sector 7.8 billion), compared to an average o 7.9 % over the previous five years. In order to obviate the detrimental characteristics presented by these investments from a financial viewpoint, in March, 2004 the bank set up a 'CCFF' (Climate Change Financing Facility) of 500 million. Additionally, along with the other financial institutions, the EIB is looking into he possibility of supporting the establishment of European carbon credit trading hubs. Where the economic assessment of these projects is concerned, the bank has decided to take account of external environmental and technological factors when calculating the internal profitability levels for renewable energy projects. Moreover, in order to deal with the problem of who exactly should bear the related risks, the bank is able to offer structured financing. For projects located outside the European Union, venture capital and technical assistance instruments make it possible to promote the emergence of innovative projects. Although we are witnessing the sustained growth of loans from the EIB in this sector, additional efforts still need to be made by the legislature in order to strengthen the framework for such projects including emissions quotas, mechanisms for ensuring the solvency of environmental on-costs and international trading rules adapted to take account of the possible distortion of competition, etc. (author)

Lessons from a European study[Financing Renewable Energy Systems

Energy Technology Data Exchange (ETDEWEB)

Langniss, Ole [German Aerospace Center, Stuttgart (Germany); Helby, Peter [Lund Univ. (Sweden). Dept. of Environmental and Energy System Studies

2000-10-01

A large number of proven technical solutions exists for the use of renewable energies (RE). However, their dissemination is still too slow to meet the political goal of substituting 12 % of the primary energy demand in the European Union by the year 2010. Even renewable energy systems (RES) with economic potential are only partly exploited. There is a long literature concerning the barriers to RE use. In particular it has become clear that the availability of finance and the forms and conditions upon which it is lent have a major impact on RE deployment. An area of importance is the deficiency of appropriate ownership forms and properly adapted financing instruments in certain countries. Moreover, different regulations and institutional barriers in the European countries hinder the free flow of capital for RES within the European common market. On the other hand, solutions have been developed very successfully in individual countries. Differences in cultures and institutions have promoted growth of several approaches to RE investment. These differences can be understood as a European source of experience that constitutes a rich basis for transnational emulation. The research project FIRE analysed and compared the means of financing RES in Austria, Denmark, Germany, Italy, the Netherlands, Spain, Sweden and the United Kingdom to put forward best practise recommendations so that RE deployments will occur at a faster rate. Main tasks of this study were to analyse the means of financing RES in a number of countries; to provide an analysis of best practise; and to provide an analysis of the barriers to the implementation in the investigated countries. Different means of financing RES were analysed in relation to the country-specific environment. This included exogenous conditions such as tax aspects, legal restrictions and subsidies, as well as individually defined risk management strategies and collateral requirements. Eight in-depth-case studies were undertaken for

The renewable energy development framework - II. The foundations of renewable energy development: Economic foundations of renewable energies; International foundations of renewable energies; European foundations of renewable energy development; Foundations of renewable energy development in internal law

International Nuclear Information System (INIS)

Combes Motel, Pascale; Thebaut, Matthieu; Loic Grard; Michallet, Isabelle

2012-01-01

A first article analysis the reasons for the development of renewable energies (economic and environmental reasons, European commitments in terms of production objectives), how these renewable energies can be developed (acceptation by the population, administrative, technological, and financial constraints, political instruments related to market, taxes and purchase prices). A second article proposes a discussion about the way international law deals with renewable energies as far as texts as well as actors are concerned. The third article describes the European ambitions regarding renewable energies as a product of national perspectives (national action plans and projects) as well as of European perspectives (financing, integrated actions). The last article presents and comments various legal texts dealing with the development of renewable energies in France (texts concerning the right to energy, the environment law, planning tools, incentive measures)

Some successful financing mechanisms for energy efficiency projects (EE) and projects using renewable energy sources (RES) - the experience of Bulgaria

International Nuclear Information System (INIS)

Uzunova, Boriana

2004-01-01

The paper analysis some of the most promising financial mechanisms for energy efficiency (EE) and renewable energy sources (RES) projects in Bulgaria - the TPF mechanism, the KIDS Fund, delivered by the EBRD fund the EE fund of the WB, established on the floor of the EE act, as well as a number of some of the pre accession and European energy programs used for financing this area. All data its rich intensive international and in -home work in the are of energy efficiency and renewable energy sources. (Author)

Examining possible relationship between carbon finance availability and growth of wind energy

Directory of Open Access Journals (Sweden)

Collins C Ngwakwe

2014-09-01

Full Text Available This paper evaluates the possible relationship between carbon fund availability and the growth of wind energy. This has become apposite considering global quest for renewable energies as a veritable option for carbon reduction and sustainable development. Whilst some extant literature blames delay in climate policy as an obstacle to green energy, others regard carbon finance availability as a booster to renewable energy. Raging argument is that similar to any other investment, renewable energy finance availability may mar or catalyse growth in renewable energy. Consequently, in this paper, a conceptual overview of carbon finance and renewable energy is undertaken and a test of the relationship between the World Bank carbon finance availability and wind energy growth is conducted. The result indicates a significant positive relationship between World Bank carbon financing and global growth in wind energy. The paper thus concludes that aside from policy options, renewable energy financing seems to be a contributory catalyst that may spur improvement in global renewable energy. The paper highlights that achieving green economic development in developing countries would depend, not only on climate policies alone, but also on sustainable financing. Hence government and private sources of funding is very desirable in achieving global green economic development, most importantly, for developing economies. The paper thus offers a research agenda on awareness creating for local and international sources of green energy for developing countries.

Financing renewable energy for Village Power application

Energy Technology Data Exchange (ETDEWEB)

Santibanez-Yeneza, G.

1997-12-01

When one talks of rural development, no doubt, the issue of rural energy is not far behind. As a significant component of any development strategy, rural energy is seen as the engine for growth that can bring about economic upliftment in the countryside. Many approaches to rural energy development have been tried. These approaches differ from country to country. But regardless of structure and approach, the goal remain essentially the same: to provide rural communities access to reliable energy services at affordable prices. In recent years, as global concern for the environment has increased, many governments have turned to renewable energy as a more environment friendly alternative to rural electrification. Technological advances in renewable energy application has helped to encourage this use. System reliability has improved, development costs have, to some extent been brought down and varied application approaches have been tried and tested in many areas. Indeed, there is huge potential for the development of renewable energy in the rural areas of most developing countries. At the rural level, renewable energy resources are almost always abundantly available: woodwaste, agricultural residues, animal waste, small-scale hydro, wind, solar and even sometimes geothermal resources. Since smaller scale systems are usually expected in these areas, renewable energy technologies can very well serve as decentralized energy systems for rural application. And not only for rural applications, new expansion planning paradigms have likewise led to the emergence of decentralized energy systems not only as supply options but also as corrective measures for maintaining end of line voltage levels. On the other hand, where renewable energy resource can provide significant blocks of power, they can be relied upon to provide indigenous power to the grids.

A review of overseas financing mechanisms and incentives for commercial renewable energy projects. V. 2: Case study countries

International Nuclear Information System (INIS)

1996-01-01

This second volume of a major study conducted for the United Kingdom Department of Trade and Industry aims to review financing mechanisms and incentives for the commercialisation of renewable energy projects. The countries included in this volume present case studies from countries identified as having particularly interesting current or past policies for the development and commercialisation of renewable energy technologies, namely Austria, Denmark, Germany, Greece, India, The Netherlands, Spain and two states in the United States of America. Data is presented on key facts, energy issues and organizations as well as energy and environmental policy for each country. The electricity supply industry, possibilities for renewable energy development, and incentive mechanisms in appropriate areas for development are also described for each country. (UK)

Finding the money : is China's renewable energy boom real, and if so, how will it be financed?

International Nuclear Information System (INIS)

Jacobelli, J.

2006-01-01

China is now seeking to increase the contribution of renewable energy sources to help satisfy its fast-growing energy demand and reduce the environmental impacts of fossil fuels. Its ambitions for increasing wind power alone are formidable: it aims to increase the present generating capacity of about 1200 MW to 30 GW by 2020, but to do so would require an investment of some US$21-28 billion. Since other energy sources will also call for massive financial investments, the question of where the investment will come from arises. In the past 18 months, China has published two 'Energy Law' documents relating to the development of renewable energy. Four key articles highlighted in the Renewable Energy Law document are (a) transparency; (b) grid connection and purchase guarantee; (c) pass through; and (d) financing. Commercial reasons for China wanting to develop renewable forms of energy are discussed. The various options for raising capital for these new developments are discussed and it is concluded that the only limits on this growth will be the political will and the technology. (author)

The economic impact of renewable energy

International Nuclear Information System (INIS)

1998-02-01

This report summarises the findings of a project investigating the economic impact of renewable energy. The background to the study is traced, and potential sources of public finance for renewable projects, sensitivity analysis of the employment estimates , estimates of demand met by renewable energy technologies, the expenditures involved in investment in renewable energy; and sectoral linkages are examined. Wealth creation through investment in renewable energy, and the economic and employment impacts are explored. Plant retirement and replacement analysis, and input-output models are considered in appendices

The economic impact of renewable energy

Energy Technology Data Exchange (ETDEWEB)

NONE

1998-02-01

This report summarises the findings of a project investigating the economic impact of renewable energy. The background to the study is traced, and potential sources of public finance for renewable projects, sensitivity analysis of the employment estimates , estimates of demand met by renewable energy technologies, the expenditures involved in investment in renewable energy; and sectoral linkages are examined. Wealth creation through investment in renewable energy, and the economic and employment impacts are explored. Plant retirement and replacement analysis, and input-output models are considered in appendices.

Proceedings of World Renewable Energy Congress '99

International Nuclear Information System (INIS)

Kamaruzzaman Sopian; Mohd Yusof Othman; Baharuddin Yatim

2000-01-01

The congress discussed the following subjects, 1. The role of renewable energy in the next millenium; 2. Challenges in the commercialization of renewable energy; 3. The role and agenda for renewable energy towards sustainable development. Topics covered in the technical session were biomass conversion; solar thermal technologies and systems; solar photovoltaic s; renewable energy economics, financing and policy; renewable energy education; climate and the environment; energy and architecture; energy management; wind and hydro technologies and systems; hydrogen and fuel cell

Can renewable energy sources be financed through competitive power markets in the long run?; Koennen sich erneuerbare Energien langfristig auf wettbewerblich organisierten Strommaerkten finanzieren?

Energy Technology Data Exchange (ETDEWEB)

Kopp, Oliver; Essler-Frey, Anke; Engelhorn, Thorsten [MVV Energie AG, Mannheim (Germany)

2012-12-15

In this paper we address the issue of whether renewable energy sources can be integrated into power markets if the use of renewable energies is extended at the desired speed. Market integration means that renewable energy sources have to cover their full costs from revenues on competitive markets. In the first part of this paper, we evaluate the long-term revenues of intermittent renewable energy sources using a high resolution power market model. Considering the renewable targets of the German lead study of 2010, we show that due to the merit order effect, intermittent renewable energy sources, such as wind power and photovoltaic, cannot be financed through power markets alone, even if their full costs fall below those of conventional power plants. This is also true for scenarios with high CO{sub 2}-prices and increasing spot market prices. In the second part of this paper, we discuss whether in the long run additional instruments such as green certificates or capacity markets would allow for a more competitive financing of renewable energy sources. Center stage in the discussion is the question under which circumstances these instruments increase competitive pricing and decentralised market decisions. (orig.)

Commercial agreements and documentation relevant for project financing renewable energy schemes

International Nuclear Information System (INIS)

1997-01-01

Renewable energy projects covered by the NFFO Orders are distinguished by the fact that the key contract in any project is in effect a standard form contract in the form of the Power Purchase Agreement with the Non-Fossil Purchasing Agency Limited (''NFPA''). However our research has indicated that general contract standardization is unlikely to be practicable in the short term, although it is thought that the production of a range of specimen documents in the context of this study with input from various representative industry associations could lead to a more consistent approach to the negotiation and structuring of projects and facilitate the presentation of projects at the funding stage. We have produced a suite of documents which are specimens of the sorts of agreements that lenders are likely to find acceptable. The range of documents which we have produced covers the principal contractual arrangements for a typical renewable energy project (including full text or abridged agreements), for a land lease and for agreements for design and build, operation and maintenance, waste supply, wind lease, landfill gas, and forestry residue supply. We have produced an insurance scope of cover and financing documentation including a due diligence check list, term sheet, and a facility agreement with related security documentation. (author)

Approaches for the financing of renewable energy in Europe; Finanzierungsansaetze fuer erneuerbare Energien in Europa

Energy Technology Data Exchange (ETDEWEB)

Schwer, P.; Kornmann-Wimmer, K

2007-06-15

This report for the Swiss Federal Office of Energy (SFOE) examines financing instruments that are already available in selected European countries and which could also be adapted for use in Switzerland, too. The study is limited to European countries that are comparable with Switzerland in terms of size, geography and gross national product. Further limitations are investment volumes of under 20 million Euro/project and the consideration of only those technologies concerned with the production of electrical power. Thus, the report considers biogas, solar, geothermal and small-hydro technologies in France, Austria, Denmark, Germany, Italy, Norway, Belgium and Switzerland. External and internal financing is considered as well as mezzanine capital. Varying taxation in the various countries is looked at as is the contracting/leasing situation and subsidies available for renewable energy projects. Risk management is discussed. Finally, the transferability of the various financing instruments to Switzerland is examined. Suggestions are made on how small and medium-sized enterprises can be supported in an active and growing Swiss market.

NREL: International Activities - U.S.-China Renewable Energy Industries

Science.gov (United States)

generation and microgrids, project financing, and more. View the presentations on the China National energy grid integration, quality assurance and standards, utility-scale project development, distributed -sponsored the renewable energy finance panel, with participation from the financing sector. Three Memoranda

Slow Money for Soft Energy: Lessons for Energy Finance from the Slow Money Movement

Energy Technology Data Exchange (ETDEWEB)

Kock, Beaudry E. [Environmental Change Institute, University of Oxford, Oxford (United Kingdom)], e-mail: beaudry.kock@ouce.ox.ac.uk

2012-12-15

Energy infrastructure is decarbonizing, shifting from dirty coal to cleaner gas- and emissions-free renewables. This is an important and necessary change that unfortunately risks preserving many problematic technical and institutional properties of the old energy system: in particular, the large scales, high aggregation, and excessive centralization of renewable energy infrastructure and, importantly, its financing. Large-scale renewables carry environmental, social and political risks that cannot be ignored, and more importantly they may not alone accomplish the necessary decarbonization of the power sector. We need to revive a different approach to clean energy infrastructure: a 'softer' (Lovins 1978), more distributed, decentralized, local-scale strategy. To achieve this, we need a fundamentally different approach to the financing of clean energy infrastructure. I propose we learn from the 'Slow Money' approach being pioneered in sustainable agriculture (Tasch 2010), emphasizing a better connection to place, smaller scales, and a focus on quality over quantity. This 'slow money, soft energy' vision is not a repudiation of big-scale renewables, since there are some societal needs, which can only be met by big, centralized power. But we do not need the level of concentration in control and finance epitomized by the current trends in the global renewables sector: this can and must change.

Modeling renewable energy company risk

International Nuclear Information System (INIS)

Sadorsky, Perry

2012-01-01

The renewable energy sector is one of the fastest growing components of the energy industry and along with this increased demand for renewable energy there has been an increase in investing and financing activities. The tradeoff between risk and return in the renewable energy sector is, however, precarious. Renewable energy companies are often among the riskiest types of companies to invest in and for this reason it is necessary to have a good understanding of the risk factors. This paper uses a variable beta model to investigate the determinants of renewable energy company risk. The empirical results show that company sales growth has a negative impact on company risk while oil price increases have a positive impact on company risk. When oil price returns are positive and moderate, increases in sales growth can offset the impact of oil price returns and this leads to lower systematic risk.

Financing off-grid sustainable energy access for the poor

International Nuclear Information System (INIS)

Glemarec, Yannick

2012-01-01

This paper examines the role of public instruments in promoting private finance to achieve off-grid sustainable energy access. Renewable energy technologies are increasingly becoming the cheapest solutions for off-grid energy access. The dramatic uptake of mobile phones in developing countries shows how quickly decentralized services can develop on a commercial basis under the right conditions, and raises the prospect that private finance could also drive decentralized energy access for the poor. Indeed, there are already a number of instances of clean energy solutions – such as solar portable lights, household biogas units or solar home systems – that have managed to scale-up through leveraging private finance. However, the experience gained from first-generation market development projects show that, in almost all cases, significant public resources have been necessary to increase the affordability of clean energy technologies, provide access to financing for the poor, and remove non-economic barriers. Such public interventions may be funded by international public finance, domestic budgets and carbon finance. Despite mounting fiscal constraints facing governments worldwide, the emergence of new sources of climate finance and the political momentum in support of energy subsidy reforms, as well as new programming modalities, offer opportunities to leverage additional resources to achieve universal energy access by 2030. - Highlights: ► Renewable energy is increasingly the cheapest solution for off-grid energy access. ► Universal access to energy now depends less on technology and more business models. ► Substantial public finance will still be required to support universal energy access.

Local investment in renewable energies - European experiences

International Nuclear Information System (INIS)

Quantin, J.; Grepmeier, K.; Larsen, J.; Manolakaki, E.; Smith, M.

2004-01-01

This booklet is realized within the framework of the european commission called PREDAC. This document have been conceived by a working group specialized on the local investment into renewable energies thematic. The objectives of this project are: to promote citizen participation in the financing of renewable energies projects in Europe; to make organizations, investor clubs and local government to be aware of this way of implication into renewable energies development; to examine more especially three renewable energy sources: biomass, photovoltaic and wind in Denmark, France, Germany, Greece and United Kingdom. (author)

Renewable Energy Policy Fact sheet - Netherlands

International Nuclear Information System (INIS)

2017-07-01

The EurObserv'ER policy profiles give a snapshot of the renewable energy policy in the EU Member States. Main support scheme: sliding feed-in premium scheme which is used to promote RES based electricity, renewable gas and heating purposes is the SDE+ which is structured as feed-in premiums and financed through a levy on the energy bill of end consumers

Local investment in renewable energies

International Nuclear Information System (INIS)

2003-11-01

Although the vast majority of renewable energies projects are established by commercial developers, some of them are financed by ''ordinary citizens'' pooling together through different schemes. This is particularly frequent in Denmark and Germany, possibly a key reason for the continuous and so successful growth of various renewable energies sources in these countries. This guideline aims to define the term of local investment and provides examples of development and recommendations. (A.L.B.)

A MCDM approach for project finance selection: An application in the renewable energy sector

Directory of Open Access Journals (Sweden)

García-Bernabeu, Ana

2015-05-01

Full Text Available Renewable energy (RE is emerging as a solution in order to replace fossil fuels and become the primary source of energy consumption. Investments in the RE sector involve huge amounts of capital but also many risks. Public sector plays an important role in promoting RE projects but due to the need for reducing public expenditure the private sector becomes essential in financing this type of projects. Project Finance is widely used in RE projects and is especially attractive to the private sector because it can fund major projects off balance sheet. The objective of this paper is to present a decision making tool for helping the private sector on the selection process of RE projects to be funded. The problem could be considered as a multiple criteria decision-making problem where both, financial and non-financial criteria have to be taken into account. Objective aggregation weights for those criteria are obtained using the Moderate Pessimism Decision Making approach and a final ranking of the projects is obtained.

Engaging the banks: financing small-scale renewables in the developing world

International Nuclear Information System (INIS)

Usher, E.; Touhami, M.

2006-01-01

This article reports on the UN Environment Programme's (UNEP's) work in supporting the banking and financing sector by creating clean energy finance markets in developing countries. Details are given of the shifting of cash markets to credit, financing solar home systems in India, solar thermal lending in Tunisia, the financing of hotel based solar water heating in Morocco, and the Green Village Credit initiatives in the Yunnan province of China. The importance of providing banks with information needed to gain awareness and experience of renewable energy systems is stressed. The fundamentals of a bank engagement programme, financial catalysts, structuring market oriented approaches, and linking bank lending to policy making are discussed along with the need to shift to credit enhancements to help banks set up their first loan portfolios

Engaging the banks: financing small-scale renewables in the developing world

Energy Technology Data Exchange (ETDEWEB)

Usher, E.; Touhami, M.

2006-05-15

This article reports on the UN Environment Programme's (UNEP's) work in supporting the banking and financing sector by creating clean energy finance markets in developing countries. Details are given of the shifting of cash markets to credit, financing solar home systems in India, solar thermal lending in Tunisia, the financing of hotel based solar water heating in Morocco, and the Green Village Credit initiatives in the Yunnan province of China. The importance of providing banks with information needed to gain awareness and experience of renewable energy systems is stressed. The fundamentals of a bank engagement programme, financial catalysts, structuring market oriented approaches, and linking bank lending to policy making are discussed along with the need to shift to credit enhancements to help banks set up their first loan portfolios.

Renewable Energy Development in Indian Country: A Handbook for Tribes

Energy Technology Data Exchange (ETDEWEB)

MacCourt, D. C.

2010-06-01

This handbook is designed to be an accessible reference for those who are new to tribal energy project development or seek a refresher on key development issues as they navigate the project development process. It builds upon the wealth of feedback and experiences shared by tribal and other participants in the National Renewable Energy Laboratory's tribal energy training sessions to provide tribal leaders, tribal economic and energy enterprises, and those supporting them with a general overview of the renewable energy project development process as well as detailed guidance on the following: how to structure a renewable energy project transaction to protect tribal interests, with an emphasis on joint project development efforts undertaken with nontribal parties; key energy development agreements, including power sale agreements, transmission and interconnection agreements, and land leases; and ways tribes can finance renewable energy projects, including the sources of funding or financing that may be available, the types of investors that may be available, and federal tax incentives for renewable energy projects.

Project finance for alternative energy

International Nuclear Information System (INIS)

Mills, S.J.

1993-01-01

This paper is intended to provide general advice to sponsors of renewable energy projects who expect to raise project-based financing from commercial banks to fund the development of their projects. It will set out, for the benefit of such sponsors, how bankers typically approach the analysis of these undertakings and in particular the risk areas on which they concentrate. By doing so it should assist sponsors to maximise their prospects of raising bank finance. (author)

Does FDI influence renewable energy consumption? An analysis of sectoral FDI impact on renewable and non-renewable industrial energy consumption

International Nuclear Information System (INIS)

Doytch, Nadia; Narayan, Seema

2016-01-01

This study examines the link between foreign direct investment (FDI) and energy demand. FDI is a source of financing that allows businesses to grow. At the same time, FDI can be a source of innovation that promotes energy efficiency. Existing evidence on the impact of aggregate FDI inflows on energy consumption is scarce and inconclusive. In the current study, we disaggregate FDI inflows into mining, manufacturing, total services, and financial services components and examine the impact of these FDI flows on renewable – and non-renewable industrial energy – sources for 74 countries for the period 1985–2012. We employ a Blundell–Bond dynamic panel estimator to control for endogeneity and omitted variable biases in our panels. The results point broadly to an energy consumption-reducing effect with respect to non-renewable sources of energy and an energy consumption-augmenting effects with respect to renewable energy. We find that these effects vary in magnitude and significance by sectoral FDI. - Highlights: • FDI generally discourages the use of unclean energy. • Economic growth promotes non-renewable energy consumption. • Service FDI save energy and encourage the switch to renewable energy. • Mining FDI to low and lower middle-income panels save energy. • These results are mainly consistent with the FDI halo effect.

Towards an 'energ'ethic' transition. Renewable energies, a citizen concern?

International Nuclear Information System (INIS)

Jegoux, Coline

2013-01-01

As Germany has decided to massively invest in renewable energies, many local projects of sustainable development emerge in this country, and as, in the meanwhile, local energy governance is still in its infancy in France due to a later opening of the energy market, this academic research proposes a comparison of cooperative projects aimed at the financing of renewable energies in France and in Germany, and thus aims at highlighting the conditions needed for the emergence of citizen-based and renewable energy networks. The first part discusses the development of renewable energies as a process included in national political and economic trajectories. The author then presents and discusses the participative operation as a new mode of governance and financing which could promote the commitment of citizens in energy transition. The last part discusses a new form of citizen participation: the consum'action

Financing green energy projects in Malaysia

International Nuclear Information System (INIS)

Eddynor Manshor; Yvonne Lunsong; Norhayati Kamaruddin

2000-01-01

Kyoto Protocol is the first global commitment to reduce greenhouse gas (GHG) emissions. Malaysia, which signed the Protocol on 12 March 1999, must also take steps to address the climate change concerns. The use of renewable energy sources is seen as a feasible way to address the issue. Despite their environment-friendliness, these sources of energy are grossly under-utilised even though Malaysia is amply endowed with renewable energies, particularly biomass and solar. As a unique domestic resource, recurring energy savings from energy efficiency could also qualify as renewable energy. At present, the contribution of renewable energy in the country's energy mix is very small compared to its large potential. The Malaysian Government recognizes the potential of this form of energy. As part of its fuel diversification policy, the government plans to expand the four-fuel strategy to include renewable energy as the fifth fuel. Due to all year constant sunshine and vast oil palm cultivation, both solar and palm oil residues are identified as the most promising green energy option. Efforts are underway to embark on programs to demonstrate and evaluate the viability of these emerging green technologies. A few organizations are given grants to undertake pre-feasibility studies of pre-commercialization demonstration projects. When approved, viable projects could also qualify for technical and financial assistance from foreign partners. However, grants are limited and under World Trade Organization rules such subsidies should not exceed 30 percent in most cases. Commercialization of green energy projects must therefore involve full participation of private developers and financial institutions. Yet, virtually no attempt is made to promote financing of such projects in Malaysia. In most cases, financial institutions are not aware of the economic potential of these unique and under exploited sources. This paper will discuss problems in financing green energy projects and then

Photovoltaics and renewable energies in Europe

International Nuclear Information System (INIS)

Jaeger-Waldau, Arnulf

2007-01-01

Photovoltaics and renewable energies are growing at a much faster pace than the rest of the economy in Europe and worldwide. This and the dramatic oil price increases in 2005 have led to a remarkable re-evaluation of the renewable energy sector by politics and financing institutions. Despite the fact that there are still discrepancies between the European Union and the USA, as to how to deal with climate change, renewable energies will play an important role for the implementation of the Kyoto Protocol and the worldwide introduction of tradable Green Certificates. Apart from the electricity sector, renewable energy sources for the generation of heat and the use of environment friendly biofuels for the transport sector will become more and more important in the future. (author)

The financial incentives of European Commission to renewable energies

International Nuclear Information System (INIS)

Thomas, A.

2000-01-01

The European Commission has an active policy of favoring renewable energies but despite that, only one European program (ALTENER program) is completely dedicated to that topic, in fact various other programs allows the financing of projects concerning renewable energies. This article reviews various current programs that can offer such opportunities. ALTENER-1 was launched in 1993 and ALTENER-2 took over in 1998. ALTENER-2 is funded with 74 millions Euros for 5 years and can finance studies, pilot installations, information and training actions. 2 other programs ETAP and SYNERGY are also concerned by renewable or alternative energies. The fifth PCRD (research and development framing plan) is dedicated to problems of society and then can concern energy. PCRD is made up of 3 major programs (1-the international role of European research, 2-human potential and socio-economic research, 3-innovation and small and medium-scale enterprises) and 4 theme programs (1-energy, environment and durable development, 2-quality of life and management of life resources, 3-friendly information technologies and 4-growth and competitiveness. Each one of these 7 programs can finance actions concerning renewable energies but the first of the theme program is the best opportunity, it is funded with 2 milliards Euros for 5 years. (A.C.)

Study of the legal and regulatory framework applicable to the participative financing of renewable energies

International Nuclear Information System (INIS)

Poize, Noemie; Milin, Christophe; Guillerminet, Marie-Laure; Galiano, Mila

2015-12-01

In the context created by the French law on energy transition and green growth, this study addresses participative projects which are levers for the financing of renewable energy production, and also contribute to the local dimension of projects. More precisely, the authors focus on participative projects in which a financial participation of citizen and/or local communities is present, with or without access to governance, directly or indirectly. The authors first propose a typology of these projects, based on existing initiatives, and then an overview of the legal and regulatory framework in effect before the law on energy transition. They comment and discuss articles contained by this law which address citizen participation. They discuss their impact on the current project typology

Financing Innovations for the Renewable Energy Transition in Europe

Directory of Open Access Journals (Sweden)

Raphael Bointner

2016-11-01

Full Text Available Renewable energy sources are vital to achieving Europe’s 2030 energy transition goals. Technological innovation, driven by public expenditures on research and development, is a major driver for this change. Thus, an extensive dataset on these expenditures of the European Member States and the European Commission, dating back to the early 1970s, was created. This paper creates predictive scenarios of public investment in renewable energy research and development in Europe based on this historical dataset and current trends. Funding from both, European Member States and the European Commission, between today and 2030 are used in the analysis. The impact on the cumulative knowledge stock is also estimated. Two projection scenarios are presented: (1 business as usual; and (2 an advanced scenario, based on the assumption that the Mission Innovation initiative causes public expenditures to increase in the coming years. Both scenarios are compared to the European 2030 climate and energy framework target sets. Results indicate that Member States in Europe currently tend to fund renewables more than the European Commission, but funding from both sources is expected to increase in the future. Furthermore, the European Commission distributes its funding more equally across the various renewable energy sources than Member States.

Optimization of finances into regional energy

Directory of Open Access Journals (Sweden)

Alexey Yuryevich Domnikov

2014-06-01

Full Text Available The development of modern Russian energy collides with the need for major investments in the modernization and renewal of generation and transmission capacity. In terms of attracting sufficient financial resources and find ways to increase, energy sector profitability and investment attractiveness of particular importance is the problem of investment financing optimizing aimed at minimizing the cost of financing while maintaining financial stability of the power companies and the goals and objectives of Russian energy system long-term development. The article discusses the problem of investment projects financing in power generation from the point of view of the need to achieve optimal investment budget. Presents the author’s approach to the investment financing optimization of power generation company that will achieve the minimum cost of resources involved, taking into account the impact of the funding structure for the power generating company financial sustainability. The developed model is applied to the problem of investment budget optimizing, for example, regional power generating company. The results can improve the efficiency of investment in energy, sustainable and competitive development of regional energy systems.

Financing Energy Services for Small-scale Energy-users - project FINESSE

International Nuclear Information System (INIS)

Annan, R.; Saunders, R.J.; Hassing, P.

1994-01-01

This paper presents the FINESSE (Financing Energy Services for Small-scale Energy users) launched in 1989 by World Bank 's Energy Sector Assistance Program (ESMAP) in association with the US Department of Energy and the Netherlands Ministry for Development Cooperation, whose purpose is to address financial, institutional and policy issues related to enhancing energy services for residential and commercial energy consumers in the Developing World. It describes the related technology benefits of renewable energy and energy efficiency, as well as a technology overview and outlines the strategies for financing alternatives in the Developing World. It concludes with a description of successful experiences in small-scale energy services, especially in Asia. (TEC). 8 figs

RENEWABLE ENERGY INVESTMENTS DURING 2004-2015 PERIOD

Directory of Open Access Journals (Sweden)

Brîndușa COVACI

2016-12-01

Full Text Available The article presents important considerations on the renewable energy investments from world and European level. The paper points out Europe's position in the current world context. Research is an exploratory one, being supported by statistical interpretations made by the author based on analysis of the "Global Trends in the renewable energy sector" report (2016, United Nations Environment Programme in collaboration with Bloomberg under the auspices of the School of Finance and Management in Frankfurt. Conceptually, the paper presents the most important points of the oscillation investments in the renewable energy sector worldwide. The level of investment in the renewable energy sector offers an accurate picture of the extent of decarbonisation.

Parliamentary conference on renewable energies: Renewable energies - What opportunities for France? Synthesis of debates

International Nuclear Information System (INIS)

Audy, Jean-Pierre; Franco, Gaston; Courteau, Roland; Bataille, Delphine; Deneux, Marcel; Lemoine, Lionel; Pecresse, Jerome; Lepercq, Thierry; Chone, Fabien; Faucheux, Ivan; Schwarz, Virginie; Pelletier, Philippe; Vial, Jean-Pierre; Lahutte, Pierre

2012-01-01

This document proposes a synthesis of debates organised within the frame the two sessions of a conference on renewable energies. The first session addressed the place given to renewable energies in the French energy mix. Contributions proposed an overview of industrial ambitions for the different sectors: wind energy (bidding projects leading to a French specialisation in offshore wing energy), photovoltaic (issue of re-structuration and development, and of technology selection), sea energy (French position, European situation), hydraulic (renewal of the sector through a renewal of hydroelectric concessions), biomass (level of exploitation), and biogas-bio-diesel-bio-ethanol (issue of economic viability). A second set of contributions addressed the financing cost of sector development (results of an inquiry commission on electricity cost, question of the efficiency of mechanisms of financial support of renewable energies, CSPE and purchase tariff, energy cost for the consumer with a sustainable energy mix, education opportunities for future jobs). The second session addressed the relationship between renewable energies and economic growth. A first set of contribution addressed the technological orientations (super grids, European cooperation, investment programs for transport and connection to renewable energies, returns on experience on smart grids), and a second set addressed the synergies between innovation and territories (partnership between research centres and local communities or private sector, supporting small and medium enterprises in their innovation and export efforts, implementation of local energy policy tools such as PCET and SRCAE, integration of protection of the environment in urban equipment and furniture, progress in energy renovation and struggle against fuel poverty)

Conference on 'How to finance wind energy?'

International Nuclear Information System (INIS)

Metzler, Vincent; Weiler, Sibylle; Mous, Dirk; Hodges, Charlie; Talagrand, Romain; Soerensen, Hans Chr.; Feddersen, Hans; Dosdall, Bjoern; Jourdain, Pierre; Duval, Jocelyn

2010-01-01

The French-German office for Renewable energies (OFAEnR) organised a conference on wind energy financing. In the framework of this French-German exchange of experience, more than 150 participants exchanged views on the existing financing solutions for wind energy projects in France, Germany, UK and Denmark. This document brings together the available presentations (slides) made during this event: 1 - How to go on with wind energy projects financing? What evolution of the senior wind energy debt? (Vincent Metzler); 2 - Financing of wind energy projects - Legal aspects (Sibylle Weiler); 3 - Current and future trends in offshore wind financing in Germany (Dirk Mous); 4 - Financing offshore wind: a UK perspective (Charlie Hodges); 5 - Financing the UK Offshore Wind Sector - Transverse analysis of French and European Offshore Wind energy financing (Romain Talagrand); 6 - Cooperative ownership of Danish Wind Turbines (Hans Chr. Soerensen); 7 - Development and financing of a citizen's wind farm - Buergerwindpark (Hans Feddersen); 8 - Citizens' wind farms in Germany - as seen by a project developer (Bjoern Dosdall); 9 - Wind turbines in Vilaine region - A cooperative and pedagogical wind farm: a unique experience in France (Pierre Jourdain); 10 - Status of French participative models (Jocelyn Duval)

World Bank support for renewable energy - the ASTAE experience

International Nuclear Information System (INIS)

Schaeffer, L.

1999-01-01

Historically, the World Bank has helped finance the generation, transmission and distribution of electricity as well as improvements in supply-side energy efficiency. The World Bank's ability to mainstream renewable energy technologies in developing countries is enhanced by the Global Energy Facility (GEF), the World Bank Solar Initiative (and the nascent Solar Development Corporation), the International Finance Corporation and the Asia Alternative Energy Unit (ASTAE). (orig./RHM)

Clean energy deployment: addressing financing cost

International Nuclear Information System (INIS)

Ameli, Nadia; Kammen, Daniel M

2012-01-01

New methods are needed to accelerate clean energy policy adoption. To that end, this study proposes an innovative financing scheme for renewable and energy efficiency deployment. Financing barriers represent a notable obstacle for energy improvements and this is particularly the case for low income households. Implementing a policy such as PACE—property assessed clean energy—allows for the provision of upfront funds for residential property owners to install electric and thermal solar systems and make energy efficiency improvements to their buildings. This paper will inform the design of better policies tailored to the creation of the appropriate conditions for such investments to occur, especially in those countries where most of the population belongs to the low–middle income range facing financial constraints. (letter)

Clean energy deployment: addressing financing cost

Science.gov (United States)

Ameli, Nadia; Kammen, Daniel M.

2012-09-01

New methods are needed to accelerate clean energy policy adoption. To that end, this study proposes an innovative financing scheme for renewable and energy efficiency deployment. Financing barriers represent a notable obstacle for energy improvements and this is particularly the case for low income households. Implementing a policy such as PACE—property assessed clean energy—allows for the provision of upfront funds for residential property owners to install electric and thermal solar systems and make energy efficiency improvements to their buildings. This paper will inform the design of better policies tailored to the creation of the appropriate conditions for such investments to occur, especially in those countries where most of the population belongs to the low-middle income range facing financial constraints.

Mobilizing private finance to drive an energy industrial revolution

International Nuclear Information System (INIS)

Mathews, John A.; Kidney, Sean; Mallon, Karl; Hughes, Mark

2010-01-01

While uptake of renewable energies as a solution to climate change is widely discussed, the issue of public vs. private financing is not yet adequately explored. The debates over the Kyoto Protocol and its successor, culminating in the COP15 Climate Change Conference in Copenhagen in December 2009, maintained a strong preference for public over private financing. Yet it is also clear to most observers that the energy revolution will never happen without the involvement of private finance to drive private investment. In this Viewpoint, we discuss the ways in which private financing could be mobilized to drive the energy industrial revolution that is needed if climate change mitigation is to succeed.

The Energy Economics of Financial Structuring for Renewable Energy Projects

Science.gov (United States)

Rana, Vishwajeet

2011-12-01

This dissertation focuses on the various financial structuring options for the renewable energy sector. The projects in this sector are capital-intensive to build but have relatively low operating costs in the long run when compared to traditional energy resources. The large initial capital requirements tend to discourage investors. To encourage renewable investments the government needs to provide financial incentives. Since these projects ultimately generate returns, the government's monetary incentives go to the sponsors and tax equity investors who build and operate such projects and invest capital in them. These incentives are usually in the form of ITCs, PTCs and accelerated depreciation benefits. Also, in some parts of the world, carbon credits are another form of incentive for the sponsors and equity investors to invest in such turnkey projects. The relative importance of these various considerations, however, differs from sponsor to sponsor, investor to investor and from project to project. This study focuses mainly on the US market, the federal tax benefits and incentives provided by the government. This study focuses on the energy economics that are used for project decision-making and parties involved in the transaction as: Project Developer/Sponsor, Tax equity investor, Debt investor, Energy buyer and Tax regulator. The study fulfils the knowledge gap in the decision making process that takes advantage of tax monetization in traditional after-tax analysis for renewable energy projects if the sponsors do not have the tax capacity to realize the total benefits of the project. A case-study for a wind farm, using newly emerging financial structures, validates the hypothesis that these renewable energy sources can meet energy industry economic criteria. The case study also helps to validate the following hypotheses: a) The greater a sponsor's tax appetite, the tower the sponsor's equity dilution. b) The use of leverage increases the cost of equity financing

Renewable energy development and prospects in Australia

International Nuclear Information System (INIS)

Ahmad Zahedi

2000-01-01

Development of renewable energies in Australia is still in its infancy and will require active support by government, utilities and financing institutions to ensure a steady growth. Much has been done to increase the utilisation of renewable energies in the energy supply, but much still remains to be done, especially in the areas of promotion, demonstration, training and technology transfer. This process will lead to meeting the energy needs of the population in rural areas and to contributing to a suitable development of the region during the next century. Australia is endowed with a wealth of renewable energy resources that hold great promise for addressing a host of important environmental, employment and socioeconomic issues. Australia has a set of climate, geographic and other factors that provide favourable conditions for many specific renewable energy applications. The objectives of this paper is to look at the current situation of renewable energies in Australia, opportunities, constraints, current projects, available potential and future prospects. (Author)

Cost-effectiveness and incidence of renewable energy promotion in Germany

Energy Technology Data Exchange (ETDEWEB)

Boehringer, Christoph [Oldenburg Univ. (Germany). Dept. of Economics; Landis, Florian [Eidgenoessische Technische Hochschule, Zurich (Switzerland); Tovar Reanos, Miguel Angel [Zentrum fuer Europaeische Wirtschaftsforschung GmbH (ZEW), Mannheim (Germany)

2017-08-01

Over the last decade Germany has boosted renewable energy in power production by means of massive subsidies. The flip side are very high electricity prices which raises concerns that the transition cost towards a renewable energy system will be mainly borne by poor households. In this paper, we combine computable general equilibrium and microsimulation analysis to investigate the cost-effectiveness and incidence of Germany's renewable energy promotion. We find that the regressive effects of renewable energy promotion could be ameliorated by alternative subsidy financing mechanisms which achieve the same level of electricity generation from renewable energy sources.

World Bank support for renewable energy - the ASTAE experience

Energy Technology Data Exchange (ETDEWEB)

Schaeffer, L. [World Bank, Washington, DC (United States). Asia Alternative Energy Unit

1999-07-01

Historically, the World Bank has helped finance the generation, transmission and distribution of electricity as well as improvements in supply-side energy efficiency. The World Bank's ability to mainstream renewable energy technologies in developing countries is enhanced by the Global Energy Facility (GEF), the World Bank Solar Initiative (and the nascent Solar Development Corporation), the International Finance Corporation and the Asia Alternative Energy Unit (ASTAE). (orig./RHM)

Incentives for Energy Saving and Renewable Energy in the Netherlands

International Nuclear Information System (INIS)

Cace, J.

2008-01-01

Energy saving and renewable energy are again on the Dutch political agenda. Based on the governmental energy report, market parties have developed the action plan for the realisation of national renewable energy targets. The evaluation of recently closed subsidy programmes and development of new incentives take place in close cooperation among governmental organisations and market parties. For the financing of the action plan the government has reserved the budget up to 2011. The government believes that the implementation of energy efficiency and renewable energy will strengthen the national economy and that the benefits of these measures will exceed the costs. The main obstacles related to the implementation of a large scale wind power generation are: spatial integration, permits and connection to the grid. Also, the large scale biomass plants meet problems because of the lack of clear environmental and sustainability criteria. The Dutch targets for 2020 are: increasing of energy efficiency with 20%, 20% renewable energy and decreasing of CO 2 -emissions with 30%.(author)

The actors of energy transition financing in France and in Germany. Situation: August 2014 - memorandum by the French-German Office for renewable energies

International Nuclear Information System (INIS)

Mathieu, Audrey

2014-08-01

This report first presents and describes the main public financing tools used at the national level in France (purchase tariffs, investment program, tax credits) and in Germany (the Renewable Energy Law or EEG, the EKF or Energy and Climate fund). Then, it gives a comparative overview of the commitment of local communities (regions in France, Lander in Germany), notably based on legal entities (SEM, SCIC, PPP, and so on in France, Kommunalunternehmen and local energy companies in Germany). It focuses on public financial institutions: Caisse des Depots and the Public Investment Bank in France, the German investment bank or KfW, an agricultural bank, and local banks in Germany, and European actors and tools such as European public banks, the Marguerite Fund, the Horizon 2020 program for research. It discusses the evolution of private actors in France and in Germany: traditional actors in private financing (private banks, private equity), and companies committed in development, manufacturing, exploitation, providing or consultancy activities, and also many new eco-citizen actors

US/ECRE and renewable energy market development: An institutional perspective

Energy Technology Data Exchange (ETDEWEB)

Siegel, J.M.

1997-12-01

The author presents a summary of the structure and program of the US Export Council for Renewable Energy (US/ECRE). This organization was founded in 1982 as a consortium of US renewable energy trade associations, and is the non-profit/industry counterpart of CORECT. It serves to accelerate the diffusion of sustainable renewable energy services worldwide, and to enhance US industry`s position in this expanded marketplace. The projected energy growth in the next 20 years is expected to favor developing countries. Barriers in the way of renewable energy development include technology awareness, financing and risk reception, policy decisions, and institutional barriers. The industrial team hopes to address this problem through several different programs: strategic alliances; end-user outreach; industry market development; policy/project development; financing and facilitation. The program involves several phases: first, market conditioning; second, regional conferences and exhibitions; third, follow-up and implementation. There are currently four major focus areas for US effort: Latin America and the Caribbean; southern Africa; Asia; Russia and the FSU. The status of programs addressed toward these markets is described in more detail.

A Canadian loan fund for residential energy efficiency and renewable energy

International Nuclear Information System (INIS)

Tampier, M.

2008-01-01

Financing is a major need in the residential sector. Only a few programs in Canada provide low-interest financing for renewable energy. This presentation discussed the leveraging of cheap capital that could be used to enable public and private offers. With financial incentives, the renewable energy market was expected to at least double. A financial incentive fund could be one of several tools to achieve net zero energy housing, and address fuel poverty. A business plan is also required to move closer towards realization. The presentation described a report that outlines similar programs within and outside Canada, and presented estimates on future market size. Key data that was provided in the presentation included market potential; start-up capital for the fund; and average loan size to intermediaries. Next steps were also discussed with particular reference to lobbying the federal government to pick up this idea; having provincial governments and utilities join in this effort; and involvement of industry associations who have a tangible product. 1 fig

Building-integrated renewable energy policy analysis in China

Institute of Scientific and Technical Information of China (English)

姚春妮; 郝斌

2009-01-01

With the dramatic development of renewable energy all over the world,and for purpose of adjusting energy structure,the Ministry of Construction of China plans to promote the large scale application of renewable energy in buildings. In order to ensure the validity of policy-making,this work firstly exerts a method to do cost-benefit analysis for three kinds of technologies such as building-integrated solar hot water (BISHW) system,building-integrated photovoltaic (BIPV) technology and ground water heat pump (GWHP). Through selecting a representative city of every climate region,the analysis comes into different results for different climate regions in China and respectively different suggestion for policy-making. On the analysis basis,the Ministry of Construction (MOC) and the Ministry of Finance of China (MOF) united to start-up Building-integrated Renewable Energy Demonstration Projects (BIREDP) in 2006. In the demonstration projects,renewable energy takes place of traditional energy to supply the domestic hot water,electricity,air-conditioning and heating. Through carrying out the demonstration projects,renewable energy related market has been expanded. More and more relative companies and local governments take the opportunity to promote the large scale application of renewable energy in buildings.

Renewable deployment in India: Financing costs and implications for policy

International Nuclear Information System (INIS)

Shrimali, Gireesh; Nelson, David; Goel, Shobhit; Konda, Charith; Kumar, Raj

2013-01-01

India′s ambitious goals for renewable energy raise many questions regarding the nature of investment required. We conduct financial modeling of actual renewable projects in India; and derive the following insights. First, the high cost of debt is the most pressing problem: higher cost and inferior terms of debt in India may raise the cost of renewable energy by 24–32% compared to the U.S. Second, even if cost of debt goes down, loan terms – including short tenors and variable interest rates – will become significant impediments, given that they add 13–14% to the cost of renewable energy in India compared to the U.S. Finally, due to the high cost of debt, policy lessons from the U.S. and Europe; which focus on finer instruments such as duration of revenue-support, revenue-certainty, investor-risk-perception, and completion/cost-certainty; are not likely to be as effective, with potential impacts on the cost of renewable energy in the 3–11% range. In fact, we find that an interest-rate subsidy, which reduces the cost of debt, reduces the overall subsidy burden by 13–16%. This suggests that Indian policymakers need to prioritize the provision of low-cost, long-term debt and take a closer look at the successful efforts by China and Brazil. -- Highlights: •We examine impact of policy on financing costs of renewables in India. •The high cost of debt – the most pressing problem – adds about 24–32% to the cost. •An interest rate subsidy can actually reduce the overall subsidy burden by 13–16%. •Loan terms – debt tenor and variable rate debt – add about 13–14% to the cost. •Finer policy instruments are not as effective, given that they add 3–11% to the cost

Local investment in renewable energies - European experiences; Investissement local dans les energies renouvelables - recueil d'experiences europeennes

Energy Technology Data Exchange (ETDEWEB)

Quantin, J; Grepmeier, K; Larsen, J; Manolakaki, E; Smith, M

2004-01-01

This booklet is realized within the framework of the european commission called PREDAC. This document have been conceived by a working group specialized on the local investment into renewable energies thematic. The objectives of this project are: to promote citizen participation in the financing of renewable energies projects in Europe; to make organizations, investor clubs and local government to be aware of this way of implication into renewable energies development; to examine more especially three renewable energy sources: biomass, photovoltaic and wind in Denmark, France, Germany, Greece and United Kingdom. (author)

Renewable energy action plan. Policy action plan for promotion of renewable energy in the Czech Republic to 2010

International Nuclear Information System (INIS)

1999-08-01

Energy efficiency and renewable energy production contribute to the three major goals of the national energy policy of the Czech Republic: overall competitiveness, security of supply; and environmental protection. Therefore, the Czech government promotes these two sustainable options. The Energy Policy White Paper, which is being developed at the time of writing (June 1999), will provide the general framework for the future role of energy efficiency and renewable energy in the Czech Republic. However, in addition, it is necessary to develop specific policies. The National Energy Efficiency Study aimed to support the Czech government in the formula tion of energy efficiency and renewable energy policy. The National Energy Efficiency Study has resulted in the following documents: (1) The Renewable Energy Action Plan (this report) addresses renewable energy production. The Energy Efficiency Action Plan focuses on the promotion of energy efficiency in end use (separate report; ECN-C--99-065). These two Action Plans provide policy makers in the Czech government with information on potentials, targets, budgets and recommended policy instruments. The core of the Action Plans is the list of concrete policy actions, ready for implementation; (2) The National Energy Efficiency Study NEES (separate report; ECN-C--99-063). This report is the background document to the two Action Plans. It contains detailed information on options and measures, potentials, barriers and policy instruments for energy efficiency and renewables. The main part is a detailed outline for a new energy efficiency and renewable policy. Also, it includes recommendations for financing schemes to overcome the invest ment constraints in the Czech Republic. Finally, a list of concrete projects is included to support project identification

Coping with the energy crisis: Impact assessment and potentials of non-traditional renewable energy in rural Kyrgyzstan

International Nuclear Information System (INIS)

Liu, Melisande F.M.; Pistorius, Till

2012-01-01

The Kyrgyz energy sector is characterised by a dramatic energy crisis that has deprived a substantial part of the population from access to energy. Non-traditional renewable energy sources have emerged as a promising alternative in providing basic energy services to the rural poor. Based on qualitative interview data from local households and project planners, this study sets out to assess impacts, limitations and barriers of non-traditional renewable energy projects in rural areas in Kyrgyzstan. This study argues that recent renewable energy efforts from multilateral international agencies, the private sector, and nongovernmental organisations exhibit great potential in creating tangible benefits and improving basic energy services, but have so far been inefficient in establishing and replicating sustainable and long-term energy solutions. Existing practices need to be improved by attaching greater importance to the capacities and real needs of the rural poor. The guidance of integrated programmes and policies along with alternative financing schemes and awareness-raising are urgently needed to leverage local success stories and to facilitate a sustainable energy development in rural Kyrgyzstan. - Highlights: ► We examine 11 rural households and 5 project planners in rural Kyrgyzstan. ► We assess impacts of non-traditional renewable energies compared with conventional fuels. ► Renewable energies exhibit a range of tangible benefits for rural users. ► Limitations concern performance, durability, repair, acceptance, finance and policy. ► Renewable energy is a promising alternative for rural households in Kyrgyzstan.

Exuberance in China's renewable energy investment: Rationality, capital structure and implications with firm level evidence

International Nuclear Information System (INIS)

Zhang, Dayong; Cao, Hong; Zou, Peijiang

2016-01-01

The new century has witnessed phenomenal worldwide growth in renewable energy investments. China has been especially remarkable, surpassing both the US and the EU in 2013. Some recent facts, however, have raised the question of whether exuberant investment in China’s renewable energy sector is rational. This paper aims to contribute to the literature and to the debate in two ways. First, it tests the over-investment hypothesis based on the main stream finance methodology; second, it analyzes the role of capital structure in the performance of China's renewable energy firms. Empirical results show that overinvestment in the renewable energy sector exists. The problem is more significant in the biomass and wind sector. Capital structure is found to be more important to downstream firms, indicating that policy makers may provide support that enables these firms to finance their investments through corporate bonds, commercial credit, or long-terms debts. - Highlights: •We test the over-investment hypothesis of renewable energy firms in China. •The role of capital structure is also empirically investigated. •We find irrational investment and confirm the role of financing structure. •The results are sensitive to the main business sectors and industrial line.

Energy efficiency and renewable energies: first lessons learned from AFD and FFEM funding

International Nuclear Information System (INIS)

Ries, Alain; Dubus, Koulm; Naudet, Jean David

2008-04-01

The French Agency for Development (AFD) has been always more involved in projects dealing with issues related to global warming, and more particularly in projects aiming at developing energy efficiency and renewable energies, these projects involved different expertises (energy, urban planning, transports, agriculture, and so on). In order to highlight lessons learned from these diversity of projects and interventions, this report first proposes an analysis of these projects related to energy efficiency and renewable energies in terms of concerned sectors, of intervener, of funding type, and of evolution in time. Then, the authors highlight lessons learned in terms of project starting conditions (national framework, funding, technical abilities, social and environmental factors), in terms of funding conditions for these projects (concessional financing, specialised credit lines), and in terms of climatic impact assessment and of criteria of project selection (practices and reductions of greenhouse gas emissions, improvement of the climatic impact for project financed by the AFD)

Energy Efficiency and Importance of Renewable Energy Sources in Latvia

Science.gov (United States)

Skapare, I.; Kreslins, A.

2007-10-01

The main goal of Latvian energy policy is to ensure safe and environmentally friendly long-term energy supply at cost-effective prices, contributing to enhance competitiveness, and to ensure safe energy transit. The Latvian Parliament approved an Energy Efficiency Strategy in 2000. Its objective is to decrease energy consumption per unit of GDP by 25% by 2010. Awareness raising, implementation of standards and economic incentives for self financing are the main instruments to increase energy efficiency, mentioned in the strategy. Latvia, as many other European Union member states, is dependent on the import of primary energy resources. The Latvian Renewable Energy strategy is still under development. The only recent study on RES was developed in the framework of a PHARE program in year 2000: "Renewable energy resource program", where three main objectives for a future RES strategy were proposed: 1. To increase the use of wood waste and low value wood and forest residues. 2. To improve efficiency of combustion technologies and to replace outdated plants. 3. To increase the use of renewables in Combined Heat and Power plants (CHP). Through the Renewable Energy and Energy Efficiency Partnership, partners will develop a set of new shared activities, and coordinate and strengthen existing efforts in this area.

Developing markets for renewable energy technologies

International Nuclear Information System (INIS)

Charters, W.W.S.

2001-01-01

Although renewable energy resources are now being utilised more on a global scale than ever before, there is no doubt their contribution to the energy economy can still be greatly increased. Recently international support for developing these relatively new sources of energy has been driven by their benefits as assessed by reduced environmental impact, particularly reduced greenhouse gas emissions. After several decades of continuous but somewhat erratic funding for research and development of renewables, it is time to take stock of the key issues to be addressed in terms of implementation of major renewable energy programmes on a large scale worldwide. One of the first steps in this process is the identification and encouragement of reliable continuous markets both in developed and developing nations. Future energy policy and planning scenarios should take into account the factors necessary to integrate renewables in all their diverse forms into the normal energy economy of the country. Other critical factors in market development will include the mass production of high quality, reliable and reasonable cost technical products and the provision of adequate finance for demonstrating market ready and near market renewables equipment. Government agencies need to aid in the removal of legislative and institutional barriers hindering the widespread introduction of non-conventional energy sources and to encourage the implementation of government purchasing schemes. Recent moves by companies in Australia to market 'green energy' to customers should also aid in the public awareness of the ultimate potential of renewables leading to greater use in the industrial, commercial and domestic sectors. (author)

Report on the behalf of the finance, general economy and budget control commission on the finance bill for 2012: Appendix 14: ecology, sustainable development and planning. Energy

International Nuclear Information System (INIS)

Carrez, G.

2011-01-01

The author first addresses aspect of the finance bill concerning past decisions and the past energy production context and policy: the after-mining management, measure in favour of Lorraine, an electricity cost which misses out the plant dismantling financing. Then, he addresses the policy in favour of renewable energies: renewal of hydroelectric concessions, tax support for energy sobriety. He comments the on-going audit of AREVA and EDF, and notably addresses the EPR construction issue (in Finland) and the purchase of UraMin by AREVA

Promotion strategies for renewable energy in Taiwan

International Nuclear Information System (INIS)

Chen, Falin; Lu, Shyi-Min; Chi-Chuan, Wang; Chang, Yi-Lin

2008-01-01

To promote the development and application of renewable energy, under the planning and execution of Bureau of Energy of Ministry of Economical Affairs (BOEMOEA), Taiwan has implemented many measures for subsidizing the installation of RE apparatus since 2000. Besides subsidizing the installing expenses, Taiwanese government also provides incentive measures of finance/tax, such as investment deduction and accelerating depreciation. The successive growth of the amount of installing cases has apparently constructed the base of promotion and application of renewable energy; on the other hand, many barriers to be overcome were continuously discovered during the executing processes. To effectively remove these promoting barriers, the Energy Commission (the pre-BOE) issued 'Renewable Energy Development Plan' through the endorsement of Executive Yuan in January 2002. The purpose of this plan is to establish an inter-ministerial coordinating mechanism of a higher administrative level, which may focus all resources to be functioned as a working team. In the meantime, to further establish a systematically promoting mechanism, the Bureau of Energy then pushes the legislation of 'Renewable Energy Development Bill'. According to the drafted plan of this law, the power capacity of renewable energies will be 12% share of the national power installation capacity by 2020. Furthermore, in the Nuclear-free Homeland National Conference held in June 2003, government planned that the power capacity of renewable energy must reach 10% of the total power capacity in the nation by 2010. However, the share of the power capacity of renewable energy to the national power installation capacity is only 6.17%, currently, so there is still a lot of growing space for the development of renewable energy in Taiwan. (author)

Local investment in renewable energies - European experiences; Investissement local dans les energies renouvelables - recueil d'experiences europeennes

Energy Technology Data Exchange (ETDEWEB)

Quantin, J.; Grepmeier, K.; Larsen, J.; Manolakaki, E.; Smith, M

2004-01-01

This booklet is realized within the framework of the european commission called PREDAC. This document have been conceived by a working group specialized on the local investment into renewable energies thematic. The objectives of this project are: to promote citizen participation in the financing of renewable energies projects in Europe; to make organizations, investor clubs and local government to be aware of this way of implication into renewable energies development; to examine more especially three renewable energy sources: biomass, photovoltaic and wind in Denmark, France, Germany, Greece and United Kingdom. (author)

Renewable energies for the South. New support for clean energy investment in developing countries

Energy Technology Data Exchange (ETDEWEB)

Jung, W; Schmitz-Borchert, H P [eds.

2001-07-01

At the beginning of the 21st century there are still more than two billion people in the world without access to electricity and basic energy services. 'Energy poverty' impedes sustainable economic, social and environmental development of rural areas in developing countries. Large-scale diffusion of renewable energy technologies can help to overcome this situation. Major barriers are now beginning to be removed. This volume is the result of an international symposium on 'Renewable Energies for the South', held at the Science Park Gelsenkirchen, Gelsenkirchen/Germany. In took place on June 5-6, 2000 with more than 200 participants from 27 countries. The conference aimed at enhancing the dialogue between the multiple groups and actors involved in the development, transfer and application of renewable energy technologies. The following issues are covered in this book: - technology needs and framework conditions in developing countries - appropriate renewable energy technologies - financing renewable energy investment - capacity building and training programmes. (orig.)

Renewable energies for the South. New support for clean energy investment in developing countries

Energy Technology Data Exchange (ETDEWEB)

Jung, W.; Schmitz-Borchert, H.P. (eds.)

2001-07-01

At the beginning of the 21st century there are still more than two billion people in the world without access to electricity and basic energy services. 'Energy poverty' impedes sustainable economic, social and environmental development of rural areas in developing countries. Large-scale diffusion of renewable energy technologies can help to overcome this situation. Major barriers are now beginning to be removed. This volume is the result of an international symposium on 'Renewable Energies for the South', held at the Science Park Gelsenkirchen, Gelsenkirchen/Germany. In took place on June 5-6, 2000 with more than 200 participants from 27 countries. The conference aimed at enhancing the dialogue between the multiple groups and actors involved in the development, transfer and application of renewable energy technologies. The following issues are covered in this book: - technology needs and framework conditions in developing countries - appropriate renewable energy technologies - financing renewable energy investment - capacity building and training programmes. (orig.)

Proceedings of the International Symposium on Renewable Energy: Environment Protection and Energy Solution

International Nuclear Information System (INIS)

2006-12-01

The International Symposium and Exhibition on Renewable Energy 2003 organized by the Malaysian Institute of Energy (INTEM), the Malaysia Energy centre (PTM), Islamic Scientific, Education, and Cultural Organization (ISESCO), World Renewable Energy Network (WREN), Ministry of Energy, Communication and Multimedia, and the Ministry of Education, Malaysia has the following objectives (a) highlighting the role of renewable in meeting the energy demand particularly of developing countries (b) encouraging the effective transfer and efficient application of economic renewable energy technologies (c) assisting in the promotion of the environmental benefits of renewable energy (d) promoting business opportunities for renewable energy projects and their successful implementation (e) enhancing improved information, knowledge and education on renewable energy (f) providing a technical exhibition where manufacturers, suppliers and others can display their products and services and finally (h) providing a focal points for international networking. The topics covered are Solar Materials, Solar Thermal Applications, Photovoltaic technology, Biomass Conversion, Hydrogen and Fuel Cells, Wind Energy, Hydro Energy, Climate and the Environment, Low Energy Architecture, related Topics (Energy Management; Economics, Policy and Financing; Sustainable Energy Business Practices, Carbon tax and trading, Gender and Poverty Reduction). A total of 97 papers have been received from countries such as Malaysia, United States of America, United Kingdom, Azerbaijan, Bangladesh, Armenia, Romania, Denmark, Bahrain, Iraq, Italy, Saudi Arabia, Egypt, Libya, Australia, Brunei, Belgium, New Zealand, Indonesia, Singapore, Thailand, India, Iran, Russia, and Turkey

Renewable Energy Marketplace

Science.gov (United States)

Ghadimian, Vachik

The renewable energy sector is evolving, and today, renewable energy has become a viable alternative for many facilities. Because this sector is in its infancy stage, lack of experience has resulted in failing solar projects. This project involves the design and implementation of a functioning web application that streamlines and automates the planning, risk assessment and financing of a solar development project. The three key stakeholders, the host facility, solar installer and financier are seamlessly integrated into a single marketplace. By designing a project development workflow, projects are vetted early on and terminated if deemed infeasible, saving time and resources. By risk assessing the project using the proposed scoring model, one can inherit more confident investors. The project scoring model also serves as a debt rating system, where investors can measure the risk/rewards. The platform will also serve as a communication medium between the three stakeholders. Besides storing documents like engineering drawings, permits, etc., the platform auto-generates all necessary transactional documents, legal documents and agreements among the three stakeholders.

Small scale renewable solar energy and the best result project

Energy Technology Data Exchange (ETDEWEB)

Bilbao, J.; Miguel, A.H.; Perez-Burgos, A.M. [Valladolid Univ. (Spain)

2008-07-01

The European Community has established programmes with different Projects in relation with the develop of an energy system according to de Kyoto objectives, improving energy efficiency, maintaining security supply and doubling the share of renewable energy use. The Best Result Project (Building and Energy Systems and Technology in Renewable Energy Sources Update and Linked Training), is financed by the European Commission, Intelligent Energy Agency (EIE) and the project objectives are to develop training and diffusion activities in the field of Renewable Energy Technology. The project aims to raise the renewable energy knowledge among suppliers and general public. The project activities are: basis and specialized training events, workshops, meetings, visits and e-learning common platform. The final objective is to extend the market of small scale RES applications in the building and energy sector through common and local activities addressing RES suppliers and consumers. (orig.)

Which choices in terms of renewable energies and new energy technologies, and which strategy for industrial and territorial development? Work-group report

International Nuclear Information System (INIS)

2013-01-01

This report first outlines the need for ambitious objectives of development of renewable energies as a contribution to energy transition, and also the need for an acceleration of the simplification and consistency of the legal and administrative framework of renewable energies. The authors outline the need for an industrial and territorial development of renewable energies, an efficient financing for the development of the different energy sectors. They finally address the issues of networking and storage of renewable energies

The International Finance Corporation and financing of sustainable energy

Energy Technology Data Exchange (ETDEWEB)

NONE

1997-12-01

The International Finance Corporation (IFC), a member of the World Bank Group, is the largest multilateral source of loan and equity financing for private sector projects in the developing world. IFC participates in an investment only when it can make a special contribution that complements the role of market operators. Since its founding 40 years ago, IFC has provided more than $18.8 billion in financing for 1,706 companies in developing countries. Its share capital is provided by its 170 member countries, which collectively determine its policies and activities. Strong shareholder support and a substantial paid-in capital base have allowed IFC to raise funds for its lending activities through its triple-A rated bond issues in international financial markets. IFC created an Infrastructure Department in 1992 in response to the growing demand for its services in this area. During fiscal 1996 IFC approved 33 projects for new investments of $715 million of which 27% were in the power sector. In recognition of the continuing demand growth for private power investments an expanded Power Department has been formed to handle IFC`s investments in electric power generation projects using renewable resources such as: run-of-the-river hydro, geothermal, biomass cogeneration, wind energy, and solar (photovoltaic, solar thermal, etc.), as well as conventional thermal generation projects, transmission and distribution projects, and energy efficiency investments.

Renewable energy. From marginal to mainstream. Policy Brief

Energy Technology Data Exchange (ETDEWEB)

Veum, K.C.; Uslu, A.; De Coninck, H.C. [ECN Policy Studies, Petten (Netherlands)

2013-04-15

This policy brief aims to instigate a debate on the broader enabling conditions required to move renewable energy from marginal shares in the European energy system to a mainstream role. It does so by posing seven key questions related to public movement, the political-industrial complex, resources and sustainability, grids and markets, finance, legal procedures and overall policy. These questions require short- to medium-term attention to keep a long-term renewable energy system within the realm of possibilities. This policy brief also provides ECN's initial reflections on how these key questions could be addressed, and indicates which relevant expertise it can bring to the table.

Derisking Renewable Energy Investment. A Framework to Support Policymakers in Selecting Public Instruments to Promote Renewable Energy Investment in Developing Countries

Energy Technology Data Exchange (ETDEWEB)

Waissbein, Oliver; Glemarec, Yannick; Bayraktar, Hande; Schmidt, Tobias S.

2013-03-15

This report introduces an innovative framework to assist policymakers to quantitatively compare the impact of different public instruments to promote renewable energy. The report identifies the need to reduce the high financing costs for renewable energy in developing countries as an important task for policymakers acting today. The framework is structured in four stages: (i) risk environment, (ii) public instruments, (iii) levelised cost and (iv) evaluation. To illustrate how the framework can support decision-making in practice, the report presents findings from illustrative case studies in four developing countries. It then draws on these results to discuss possible directions for enhancing public interventions to scale-up renewable energy investment. UNDP is also releasing a financial tool for policymakers to accompany the framework. The financial tool is available for download on the UNDP website.

Renewable energy sources and Estonian national interests

International Nuclear Information System (INIS)

Veski, Rein

2002-01-01

There is only one national level document, The Long-term National Development Plan for the Fuel and Energy sector, regulating the development of renewable energy for Estonia. It was approved by the Parliament (Riigikogu) in 1998. This document planned a 2/3 (66,7%) increase in the share of renewable (according to the document: peat, biofuels and other renewables) to the year 2010 against 1996. At the same time a decrease of the share of domestic oil shale was planned 1/5 to the year 2010 against 1995. That means the use of domestic energy sources, both renewable and non-renewable, will decrease by 16,8% altogether. In reality the rapid projected growth of renewables in Estonia (+66,7% between 1996 and 2010) was changed with decrease of 20% by 2000. So the security of supply must shift to the first place in Estonia. It is also an issue of national sovereignty. Estonia is rich in renewable energy sources, mainly in wood, peat and wind, to achieve the goals set in the National Development Plan. Forest resources amount 352,7, total felling 6,44, allowed felling 7,81 million cubic meters solid volume in 2000. The future of fuel peat usage in Estonia is uncertain, as most of the EU member states, which have burned up their peat resources and/or drained their mires do not consider peat as a renewable fuel. Obviously Estonia has to explain its opinion about the renewability of its resources. Although progress is needed in all directions of additional use of all renewable energy sources in tactical consideration finance must be directed first to guarantee better use of wastes of woodworking and timber industry

Financing wind power projects : perspectives from the US market

International Nuclear Information System (INIS)

Alam, M.

2005-01-01

This presentation outlined the recent assignments, core competencies and scope of services provided by Alyra Renewable Energy Finance Advisors. Renewable energy developers seek Alyra's assistance in developing strategies to achieve the most competitive solutions in finance and strategy. Alyra has broad finance expertise in renewable energy projects, a deep knowledge of markets and a significant wind industry network. Alyra identifies emerging issues, completes financing solutions and helps with contract negotiations. This presentation outlined the notable features of wind financing, wind assessment, offtake arrangements, equity considerations, US wind debt markets, long term bank financing, and combined bank and private placement financing. It also included recent debt market activity for seven large wind farms in the United States. tabs., figs

Philippines: Small-scale renewable energy update

Energy Technology Data Exchange (ETDEWEB)

NONE

1997-12-01

This paper gives an overview of the application of small scale renewable energy sources in the Philippines. Sources looked at include solar, biomass, micro-hydroelectric, mini-hydroelectric, wind, mini-geothermal, and hybrid. A small power utilities group is being spun off the major utility, to provide a structure for developing rural electrification programs. In some instances, private companies have stepped forward, avoiding what is perceived as overwhelming beaurocracy, and installed systems with private financing. The paper provides information on survey work which has been done on resources, and the status of cooperative programs to develop renewable systems in the nation.

Indian Renewable Energy Status Report: Background Report for DIREC 2010

Energy Technology Data Exchange (ETDEWEB)

Arora, D. S.; Busche, S.; Cowlin, S.; Engelmeier, T.; Jaritz, J.; Milbrandt, A.; Wang, S.

2010-10-01

India has great potential to accelerate use of endowed renewable resources in powering its growing economy with a secure and affordable energy supply. The Government of India recognizes that development of local, renewable resources will be critical to ensure that India is able to meet both economic and environmental objectives and has supported the development of renewable energy through several policy actions. This paper describes the status of renewable energy in India as of DIREC 2010. It begins by describing the institutional framework guiding energy development in India, the main policy drivers impacting energy, and the major policy actions India has taken that impact renewable energy deployment. The paper presents estimates of potential for wind, solar, small hydro, and bioenergy and the deployment of each of these technologies to date in India. The potential for India to meet both large-scale generation needs and provide access to remote, unelectrified populations are covered. Finally, the enabling environment required to facilitate rapid scale of renewables is discussed, including issues of technology transfer and the status of financing in India.

Market performance and distributional effects on renewable energy markets

International Nuclear Information System (INIS)

Koutstaal, P.; Bijlsma, M.; Zwart, G.; Van Tilburg, X.; Ozdemir, O.

2009-08-01

A renewable obligation (RO) combined with tradable renewable energy certificates is a market-based instrument used to promote the production of electricity from renewable energy sources. A renewable obligation is an alternative for subsidies. A renewable obligation will only be an efficient instrument if certificate markets are efficient. This requires that there is no market power and no anti-competitive behaviour on the certificate market. If the current developments in Dutch renewable energy production continue, market power on a future renewable certificate market in the Netherlands will probably not be an issue, even if the RO should only rest on the retail market instead of on the whole electricity market. A renewable obligation will raise the retail price for consumers, thereby reducing consumer surplus. Simulations show that the retail electricity price increases with 30 euro per MWh to a level of 104 euro per MWh in case of a 30% renewable target. Consumer surplus is reduced with 19% compared to the baseline scenario. In contrast, a subsidy such as the Dutch SDE (Promoting Renewable Energy scheme or 'Stimulering Duurzame Energie') which is financed from the state budget has the effect to (slightly) lower the retail electricity price, thereby increasing consumer surplus. It should however be realised that the costs of the subsidy will indirectly affect electricity consumers through their tax payments.

Business models for renewable energy in the built environment. Updated version

Energy Technology Data Exchange (ETDEWEB)

Wuertenberger, L.; Menkveld, M.; Vethman, P.; Van Tilburg, X. [ECN Policy Studies, Amsterdam (Netherlands); Bleyl, J.W. [Energetic Solutions, Graz (Austria)

2012-04-15

The project RE-BIZZ aims to provide insight to policy makers and market actors in the way new and innovative business models (and/or policy measures) can stimulate the deployment of renewable energy technologies (RET) and energy efficiency (EE) measures in the built environment. The project is initiated and funded by the IEA Implementing Agreement for Renewable Energy Technology Deployment (IEA-RETD). It analysed ten business models in three categories (amongst others different types of Energy Service Companies (ESCOs), Developing properties certified with a 'green' building label, Building owners profiting from rent increases after EE measures, Property Assessed Clean Energy (PACE) financing, On-bill financing, and Leasing of RET equipment) including their organisational and financial structure, the existing market and policy context, and an analysis of Strengths, Weaknesses, Opportunities and Threats (SWOT). The study concludes with recommendations for policy makers and other market actors.

Business models for renewable energy in the built environment (RE-BIZZ)

Energy Technology Data Exchange (ETDEWEB)

Wuertenberger, L.; Menkveld, M.; Vethman, P.; Van Tilburg, X. [ECN Policy Studies, Amsterdam (Netherlands); Bleyl, J.W. [Energetic Solutions, Graz (Austria)

2011-11-15

The project RE-BIZZ aims to provide insight to policy makers and market actors in the way new and innovative business models (and/or policy measures) can stimulate the deployment of renewable energy technologies (RET) and energy efficiency (EE) measures in the built environment. The project is initiated and funded by the IEA Implementing Agreement for Renewable Energy Technology Deployment (IEA-RETD). It analysed ten business models in three categories (amongst others different types of Energy Service Companies (ESCOs), Developing properties certified with a 'green' building label, Building owners profiting from rent increases after EE measures, Property Assessed Clean Energy (PACE) financing, On-bill financing, and Leasing of RET equipment) including their organisational and financial structure, the existing market and policy context, and an analysis of Strengths, Weaknesses, Opportunities and Threats (SWOT). The study concludes with recommendations for policy makers and other market actors.

New model. Local financing for local energy

International Nuclear Information System (INIS)

Detroy, Florent

2015-01-01

While evoking the case of the VMH Energies company in the Poitou-Charentes region, and indicating the difference between France and Germany in terms of wind and photovoltaic energy production potential, of number of existing local companies, and of citizen-based funding, this article shows that renewable energies could put the energy production financing in France into question again, with a more important participation of local communities and of their inhabitants. The author describes how the law on energy transition makes this possible, notably with the strengthening of citizen participation. The author evokes some French local experiments and the case of Germany where this participation is already very much developed

Optimal investment portfolio in renewable energy. The Spanish case

International Nuclear Information System (INIS)

Munoz, Jose Ignacio; Sanchez de la Nieta, Agustin A.; Contreras, Javier; Bernal-Agustin, Jose L.

2009-01-01

This article presents a model for investing in renewable energies in the framework of the Spanish electricity market in a way that risk is minimised for the investor while returns are maximised. The model outlined here is based on an economic model for calculating cash flows intended to obtain the internal rate of return (IRR) of the different energies being studied: wind, photovoltaic, mini hydro and thermo electrical. The IRRs obtained are considered the returns on investments, while their standard deviations are considered associated risks. In order to minimise risk, a comprehensive portfolio of investments is created that includes all of the available energies by means of a system of linear equations. The solution of the linear system is graphically checked using the efficient frontier method for the different financing options. Several case studies within the Renewable Energies Plan (PER is its Spanish abbreviation) that is in force in Spain in the period 2005-2010 are analysed in order to illustrate the method, as are other case studies using different types of financing, helping us to reach the pertinent conclusions. (author)

Local investment in renewable energies; Investissement local dans les energies renouvelables - depliant d'information

Energy Technology Data Exchange (ETDEWEB)

NONE

2003-11-01

Although the vast majority of renewable energies projects are established by commercial developers, some of them are financed by ''ordinary citizens'' pooling together through different schemes. This is particularly frequent in Denmark and Germany, possibly a key reason for the continuous and so successful growth of various renewable energies sources in these countries. This guideline aims to define the term of local investment and provides examples of development and recommendations. (A.L.B.)

Three is a crowd? : exploring the potential of crowdfunding for renewable energy in the Netherlands.

NARCIS (Netherlands)

Vasileiadou, E.; Huijben, J.C.C.M.; Raven, R.P.J.M.

2016-01-01

There is a huge gap between demand and supply of finance for energy transitions, and the financial and economic crisis have had a negative impact in the already meagre funds for transforming the energy system towards renewable sources. In this paper we explore whether crowdfunding for renewable

Economic impacts from the promotion of renewable energy technologies. The German experience

International Nuclear Information System (INIS)

Frondel, Manuel; Ritter, Nolan; Schmidt, Christoph M.; Vance, Colin

2010-01-01

The allure of an environmentally benign, abundant, and cost-effective energy source has led an increasing number of industrialized countries to back public financing of renewable energies. Germany's experience with renewable energy promotion is often cited as a model to be replicated elsewhere, being based on a combination of far-reaching energy and environmental laws that stretch back nearly two decades. This paper critically reviews the centerpiece of this effort, the Renewable Energy Sources Act (EEG), focusing on its costs and the associated implications for job creation and climate protection. We argue that German renewable energy policy, and in particular the adopted feed-in tariff scheme, has failed to harness the market incentives needed to ensure a viable and cost-effective introduction of renewable energies into the country's energy portfolio. To the contrary, the government's support mechanisms have in many respects subverted these incentives, resulting in massive expenditures that show little long-term promise for stimulating the economy, protecting the environment, or increasing energy security. (author)

Financing Energy Upgrades for K-12 School Districts: A Guide to Tapping into Funding for Energy Efficiency and Renewable Energy Improvements

Energy Technology Data Exchange (ETDEWEB)

Goggio Borgeson, Merrian [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States). Environmental Energy Technologies Division; Zimring, Mark [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States). Environmental Energy Technologies Division

2013-04-01

This guide focuses on clean energy financing options for school administrators, facility managers, and other K-12 school decision makers who are considering investments in high performance school projects. This guide explicitly focuses on comprehensive energy upgrades, those that involve multiple measures and are targeted toward achieving significant energy savings. Successful implementation of clean energy upgrades in schools is a matter of understanding the opportunity, making the commitment, and creatively tapping into available financing. This guide attempts to provide the foundation needed for successful projects in U.S. schools. It walks through the financing options available to K-12 schools and provides case studies of six school districts from around the country.

Can renewable energy be financed with higher electricity prices? evidence from Spain

OpenAIRE

Barreiro Hurlé, Jesús; Gracia Royo, Azucena; Pérez y Pérez, Luis

2011-01-01

The aim of this paper is to assess willingness to pay for renewable energy electricity. We used a choice experiment to elicit willingness-to-pay for different electricity service attributes: renewable sources (wind, solar and biomass) and the regional origin of the electricity with data from a survey conducted in Spain in 2010. Findings indicate that a majority of consumers are not willing to pay a premium for increases in the renewable component of their electricity mix. Moreover, they would...

Entropy, pumped-storage and energy system finance

Science.gov (United States)

Karakatsanis, Georgios

2015-04-01

Pumped-storage holds a key role for integrating renewable energy units with non-renewable fuel plants into large-scale energy systems of electricity output. An emerging issue is the development of financial engineering models with physical basis to systematically fund energy system efficiency improvements across its operation. A fundamental physically-based economic concept is the Scarcity Rent; which concerns the pricing of a natural resource's scarcity. Specifically, the scarcity rent comprises a fraction of a depleting resource's full price and accumulates to fund its more efficient future use. In an integrated energy system, scarcity rents derive from various resources and can be deposited to a pooled fund to finance the energy system's overall efficiency increase; allowing it to benefit from economies of scale. With pumped-storage incorporated to the system, water upgrades to a hub resource, in which the scarcity rents of all connected energy sources are denominated to. However, as available water for electricity generation or storage is also limited, a scarcity rent upon it is also imposed. It is suggested that scarcity rent generation is reducible to three (3) main factors, incorporating uncertainty: (1) water's natural renewability, (2) the energy system's intermittent components and (3) base-load prediction deviations from actual loads. For that purpose, the concept of entropy is used in order to measure the energy system's overall uncertainty; hence pumped-storage intensity requirements and generated water scarcity rents. Keywords: pumped-storage, integration, energy systems, financial engineering, physical basis, Scarcity Rent, pooled fund, economies of scale, hub resource, uncertainty, entropy Acknowledgement: This research was funded by the Greek General Secretariat for Research and Technology through the research project Combined REnewable Systems for Sustainable ENergy DevelOpment (CRESSENDO; grant number 5145)

Renewable Energy Certificate Program

Energy Technology Data Exchange (ETDEWEB)

Gwendolyn S. Andersen

2012-07-17

This project was primarily to develop and implement a curriculum which will train undergraduate and graduate students at the University seeking a degree as well as training for enrollees in a special certification program to prepare individuals to be employed in a broad range of occupations in the field of renewable energy and energy conservation. Curriculum development was by teams of Saint Francis University Faculty in the Business Administration and Science Departments and industry experts. Students seeking undergraduate and graduate degrees are able to enroll in courses offered within these departments which will combine theory and hands-on training in the various elements of wind power development. For example, the business department curriculum areas include economic modeling, finance, contracting, etc. The science areas include meteorology, energy conversion and projection, species identification, habitat protection, field data collection and analysis, etc.

Governmental Support Mechanism of the Renewable Energy in Germany

Directory of Open Access Journals (Sweden)

Nata V. Kozaeva

2016-01-01

Full Text Available German Energy transition could be considered to be one of the most challenging a widescaled reforms, quite capital-intensive, requiring a high level of scientific input, having an influence on other economic sectors and economic entities. Energy reform is intended to increase the energy security level by increasing the share of renewables in its energy portfolio, environmental protection by decreasing the emission into the atmosphere and the level of energy consumption. Since 1990 the share of renewables in the whole energy sector and in electricity sector has been rising steadily. Governmental support, including direct finance, fiscal benefits and creating favorable market conditions for the sector has been expanding for renewable and declining for traditional energy. The costs for renewable energy are more transparent, during those for traditional energy are often hidden and indirectly charge the budget, can emerge later in form of subsequent costs of the climate. However, the system of support itself discloses its imperfection, when its implementation causes an opposite impact or contradiction between several instruments, which are actually aimed to solve one problem. Given the high strategic importance of the goals set, even an evident necessity to revise the mechanism of governmental support doesn't, however, mean that the government doubts the usefulness of the reform.

Exploring the capital markets and securitisation for renewable energy projects

Energy Technology Data Exchange (ETDEWEB)

Haggard, M.E.; Thompson, M.A.; Colonna, S.

2000-07-01

This study looks at the opportunities for renewable energy projects to access the bond market to finance projects or refinance existing projects, and what, if anything, is required to facilitate this. In addition, the study looks at the possible use of securitisation to group projects together as a means of dealing with some of the challenges faced by renewables, such as small size relative to most bond issues and the transaction costs. (author)

Exploring the capital markets and securitisation for renewable energy projects

International Nuclear Information System (INIS)

Haggard, M.E.; Thompson, M.A.; Colonna, S.

2000-01-01

This study looks at the opportunities for renewable energy projects to access the bond market to finance projects or refinance existing projects, and what, if anything, is required to facilitate this. In addition, the study looks at the possible use of securitisation to group projects together as a means of dealing with some of the challenges faced by renewables, such as small size relative to most bond issues and the transaction costs. (author)

Interactions between renewable energy policy and renewable energy industrial policy: A critical analysis of China's policy approach to renewable energies

International Nuclear Information System (INIS)

Zhang, Sufang; Andrews-Speed, Philip; Zhao, Xiaoli; He, Yongxiu

2013-01-01

This paper analyzes China's policy approach to renewable energies and assesses how effectively China has met the ideal of appropriate interactions between renewable energy policy and renewable energy industrial policy. First we briefly discuss the interactions between these two policies. Then we outline China's key renewable energy and renewable industrial policies and find that China's government has well recognized the need for this policy interaction. After that, we study the achievements and problems in China's wind and solar PV sector during 2005–2012 and argue that China's policy approach to renewable energies has placed priority first on developing a renewable energy manufacturing industry and only second on renewable energy itself, and it has not effectively met the ideal of appropriate interactions between renewable energy policy and renewable energy industrial policy. Lastly, we make an in-depth analysis of the three ideas underlying this policy approach, that is, the green development idea, the low-carbon leadership idea and indigenous innovation idea. We conclude that Chinas' policy approach to renewable energies needs to enhance the interactions between renewable energy policy and renewable energy industrial policy. The paper contributes to a deeper understanding of China's policy strategy toward renewable energies. -- Highlights: •Interactions between renewable energy policy and renewable energy industrial policy are discussed. •China's key renewable energy and renewable energy industrial policies are outlined. •Two empirical cases illustrate China's policy approach to renewable energies. •We argue that China needs to enhance the interactions between the two policies. •Three ideas underlie China's policy approach to renewable energies

Green power: A renewable energy resources marketing plan

International Nuclear Information System (INIS)

Barr, R.C.

1997-01-01

Green power is electricity generated from renewable energy sources such as power generated from the sun, the wind, the heat of the earth, and biomass. Green pricing is the marketing strategy to sell green power to customers who voluntarily pay a premium for it. Green pricing is evolving from the deregulation of the electric industry, the need for clean air, reflected in part as concern over global warming, and technology advances. The goal of the renewable energy marketing plan is to generate enough revenues for a utility to fund power purchase agreements (PPAs) with renewable energy developers or construct its own renewable facilities. Long-term, fixed price PPAs enable developers to obtain financing to construct new facilities, sometimes taking technological risks which a utility might not take otherwise. The marketing plan is built around different rate premiums for different categories of ratepayers, volunteer customer participation, customer participation recognition, and budget allocations between project costs and power marketing costs. Green prices are higher than those for conventional sources, particularly prices from natural gas fired plants. Natural gas is abundant relative to oil in price per British thermal unit (Btu). Green pricing can help bridge the gap between the current oversupply of gas and the time, not far off, when all petroleum prices will exceed those for renewable energy. The rapid implementation of green pricing is important. New marketing programs will bolster the growing demand for renewable energy evidenced in many national surveys thus decreasing the consumption of power now generated by burning hydrocarbons. This paper sets forth a framework to implement a green power marketing plan for renewable energy developers and utilities working together

Can renewable energy turn Nigeria’s lights on? Briefing paper

Energy Technology Data Exchange (ETDEWEB)

Newsom, Chris

2013-01-15

Around 70 million Nigerians have no access to grid electricity. Reliable night-time lighting for households, for refrigeration, and affordable power for businesses would change many lives, and renewable energy has the potential to do this. But for solar power, hydropower and wind energy to be made available on a significant scale, government policy needs to change. Affordable loans to finance development and market growth for a range of installations, including solar thermal power, which shows major long-term potential for northern Nigeria, are essential. And government and non-government organisations must implement a strategy to increase understanding among individual consumers, business people and policymakers about the benefits of renewable energy.

Can premium tariffs for micro-generation and small scale renewable heat help the fuel poor, and if so, how? Case studies of innovative finance for community energy schemes in the UK

International Nuclear Information System (INIS)

Saunders, R.W.; Gross, R.J.K.; Wade, J.

2012-01-01

In the UK, the introduction of micro-generation Feed in Tariffs (FiTs) and a proposed Renewable Heat Incentive (RHI) for domestic and small scale schemes have re-energised the market for investment in domestic scale renewable energy. These incentives may provide financial opportunities for those with capital to spend but for the record numbers with low incomes in ‘fuel poverty’, these benefits may seem out of reach. This paper shows that with appropriate financial intermediaries it is possible for renewable energy incentives to be used to alleviate fuel poverty. Simple financial analysis demonstrates the theoretical potential of FiTs to help those in fuel poverty. Two case studies of renewable energy projects in low income areas investigate how the incentives may be used in practice, what barriers exist and what success factors are evident. The analysis shows that local energy organisations (LEOs) are key if the poor are to access benefits from premium tariff schemes. Low interest finance mechanisms, good information sharing and community involvement are found as key success factors. - Highlights: ► This paper researches the potential for FiTs and RHIs to help those in fuel poverty. ► Simple financial modelling shows the potential benefit of FiTs to the fuel poor. ► Original case study research investigates how these benefits can be realised. ► The action of local energy organisations (LEOs) is important to optimise outcomes. ► Financing and dynamics between the community and LEOs are key to success.

Smarter finance for cleaner energy: open up master limited partnerships (MLPs) and real estate investment trusts (REITs) to renewable energy investment

Energy Technology Data Exchange (ETDEWEB)

Mormann, Feliz; Reicher, Dan

2012-11-15

Master Limited Partnerships (MLPs) and Real Estate Investment Trusts (REITs)—both well-established investment structures—should be opened up to renewable energy investment. MLPs and, more recently, REITs have a proven track record for promoting oil, gas, and other traditional energy sources. When extended to renewable energy projects these tools will help promote growth, move renewables closer to subsidy independence, and vastly broaden the base of investors in America’s energy economy. The extension of MLPs and REITs to renewables enjoys significant support from the investment and clean energy communities. In addition, MLPs for renewables also enjoy bipartisan political backing in Congress.

Renewable energy

International Nuclear Information System (INIS)

Yoon, Cheon Seok

2009-09-01

This book tells of renewable energy giving description of environment problem, market of renewable energy and vision and economics of renewable energy. It also deals with solar light like solar cell, materials performance, system and merit of solar cell, solar thermal power such as solar cooker and solar collector, wind energy, geothermal energy, ocean energy like tidal power and ocean thermal energy conversion, fuel cell and biomass.

Renewable energy.

Science.gov (United States)

Destouni, Georgia; Frank, Harry

2010-01-01

The Energy Committee of the Royal Swedish Academy of Sciences has in a series of projects gathered information and knowledge on renewable energy from various sources, both within and outside the academic world. In this article, we synthesize and summarize some of the main points on renewable energy from the various Energy Committee projects and the Committee's Energy 2050 symposium, regarding energy from water and wind, bioenergy, and solar energy. We further summarize the Energy Committee's scenario estimates of future renewable energy contributions to the global energy system, and other presentations given at the Energy 2050 symposium. In general, international coordination and investment in energy research and development is crucial to enable future reliance on renewable energy sources with minimal fossil fuel use.

Innovations in Wind and Solar PV Financing

Energy Technology Data Exchange (ETDEWEB)

Cory, K.; Coughlin, J.; Jenkin, T.; Pater, J.; Swezey, B.

2008-02-01

There is growing national interest in renewable energy development based on the economic, environmental, and security benefits that these resources provide. Historically, greater development of our domestic renewable energy resources has faced a number of hurdles, primarily related to cost, regulation, and financing. With the recent sustained increase in the costs and associated volatility of fossil fuels, the economics of renewable energy technologies have become increasingly attractive to investors, both large and small. As a result, new entrants are investing in renewable energy and new business models are emerging. This study surveys some of the current issues related to wind and solar photovoltaic (PV) energy project financing in the electric power industry, and identifies both barriers to and opportunities for increased investment.

Opportunities for renewable energy sources in Central Asia countries

Energy Technology Data Exchange (ETDEWEB)

Obozov, A.J. [Project KUN (Kyrgyzstan); Loscutoff, W.V. [National Renewable Energy Lab., Golden, CO (United States)

1998-07-01

This report presents an overview of the state of conventional energy sources and the potential for development of renewable energy sources in the Central Asia countries of Kazakhstan, Uzbekistan, Kyrgyzstan, Turkmenistan, and Tajikistan. The region has a population of about 50 million in an area of more than four million square kilometers. The per capita gross internal product is more than $2,500, although the economy has been declining the past five years. The area has substantial coal, oil, uranium, and natural gas reserves, although they are not distributed equally among the five countries. Energy production is such that the countries do not have to rely heavily on imports. One of the problems in Central Asia is that the energy prices are substantially below the world prices. This is a factor in development of renewable energy sources. The primary renewable energy resources available are wind in Kazakhstan, solar in the entire region, biomass in Kyrgyzstan, and micro-hydropower stations in Kazakhstan and Kyrgyzstan. All of these have the potential to provide a significant amount of the required energy for the region. However, all of the countries have an abundance of various renewable energy resources. To effectively use these resources, however, a number of barriers to their development and commercialization must be overcome. These include low prices of conventional energy sources, absence of legislative support, lack of financing for new technologies, and lack of awareness of renewable energy sources by the population. A number of specific actions are proposed to overcome these barriers. These include establishment of a Central Asia coordinating council for renewable energy, development of a regional renewable energy program, and setting up a number of large demonstration projects. 16 figs.

Master Limited Partnerships and Real Estate Investment Trusts: Opportunities and Potential Complications for Renewable Energy

Energy Technology Data Exchange (ETDEWEB)

Feldman, D.; Settle, E.

2013-11-01

Master Limited Partnerships (MLPs) and Real Estate Investment Trusts (REITs) are two proposed investment vehicles which have the potential to lower renewable energy assets' high cost of capital; a critical factor in the Department of Energy's goal for renewable energy to achieve grid-parity with traditional sources of electric generation. Due to current U.S. federal income tax laws, regulations, and administrative interpretations, REITs and MLPs cannot finance a significant portion of the cost of renewable energy assets. Efforts are underway to alter these rules by changing the definition of 'real property' (REIT) and 'qualified income' (MLP). However, even with rule changes, both investment vehicles have structural challenges to efficiently finance renewable energy assets. Among them are 1) effectively utilizing the U.S. federal income tax incentives; 2) administratively structuring the investments to not be overly onerous or complicated, given the potential for pooling a relatively large amount of small assets; and 3) attracting and retaining a large enough investment community to participate in the funding opportunities. This report summarizes these challenges so that if proposed federal changes are made, stakeholders have an understanding of the possible outcomes.

Renewable Energy Policy Country Profiles. 2011 version

Energy Technology Data Exchange (ETDEWEB)

Teckenburg, E.; Rathmann, M.; Winkel, T. [ECOFYS, Utrecht (Netherlands); Ragwitz, M.; Steinhilber, S. [Fraunhofer Institute for Systems and Innovation Research ISI, Karlsruhe (Germany); Resch, G.; Panzer, C.; Busch, S. [Energy Economics Group EEG, Technical University Vienna, Vienna (Austria); Konstantinaviciute, I. [Lithuanian Energy Institute, Kaunas (Lithuania)

2011-08-15

The core objective of the project RE-Shaping is to assist Member State (MS) governments in preparing for the implementation of Directive 2009/28/EC and to guide a European policy for RES in the mid- to long term. The past and present success of policies for renewable energies will be evaluated and recommendations derived to improve future RES support schemes. The effectiveness and the efficiency of current and future RES support schemes is analysed with specific focus on a single European market for renewable electricity products. Current best practices are identified, and (future) costs of RES and the corresponding support necessary to initiate stable growth are assessed. Better integration of RES policies with climate and innovation policy as well as liberalised energy markets will be analysed and promoted. Options for flexibility between Member States will be analysed. The future deployment of RES in each MS will be calculated based on the Green-X model to assist MS in implementing national action plans and to support a long term vision of the European RES policy. The latter will be based on an in-depth analysis of the long term RES potentials and costs. The impact of policies on risks for RES financing will be analysed and improved policies and financing instruments will be proposed.

Renewable Energies and Sustainable Development: Challenges and Perspectives for Emerging Countries

Directory of Open Access Journals (Sweden)

Kiwonghi Bizawu

2016-12-01

Full Text Available This article proposes the study of sustainable development in the use of renewable resources by emerging countries. It is noted that the financing of projects and policies related to renewable energy is moving from developed countries to emerging nations. Studies indicate that it will take more targeted investments to fuel production area and power generation, which can set a problem for developing countries, since they do not have sufficient resources to diversify and expand their energy matrixes. The deductive method was adopted based on exploratory research.

International Standardisation in the Field of Renewable Energy

Energy Technology Data Exchange (ETDEWEB)

NONE

2013-03-15

Renewable energy standards, regularly reviewed and updated by international committees of technical experts, can help policy makers as an instrument to demonstrate national regulatory compliance, as well as ensuring successful deployment of renewable energy technologies (RET). This study identifies over 570 standards in the current RET landscape, yet finds gaps in the existing standards, particularly for post-installation aspects of RET, such as operation, maintenance and repair. The study calls for a more structured information platform to make appropriate standards accessible to a variety of users. All stakeholders, including those from developing countries, need to be engaged in the standardisation process. IRENA's analysis also underlines the importance of RET certification schemes as a risk-mitigation tool, particularly to help small-scale projects obtain financing.

Renewable Energy

DEFF Research Database (Denmark)

Sørensen, Bent Erik

Bent Sorensen’s Renewable Energy: Physics, Engineering, Environmental Impacts, Economics and Planning, Fifth Edition, continues the tradition by providing a thorough and current overview of the entire renewable energy sphere. Since its first edition, this standard reference source helped put...... renewable energy on the map of scientific agendas. Several renewable energy solutions no longer form just a marginal addition to energy supply, but have become major players, with the promise to become the backbone of an energy system suitable for life in the sustainability lane. This volume is a problem...... structured around three parts in order to assist readers in focusing on the issues that impact them the most for a given project or question. PART I covers the basic scientific principles behind all major renewable energy resources, such as solar, wind, and biomass. PART II provides in-depth information...

Investment opportunities in the field of renewable energy sources in the Republic of Serbia

Directory of Open Access Journals (Sweden)

Sredojević Slađana

2016-01-01

Full Text Available Energy efficiency and renewable energy are areas that are very promising, with the growing importance on the global marketplace. These are based on large and complex sets of regulations and controls, at both domestic and international level. In order to successfully fulfill the targets set in these areas including the greater registered use of renewable energy sources, it is required to boost cooperation with the banking sector, which may, primarily owing to its financial support and know-how, be the key partner in the implementation of many public and commercial projects. The paper analyzes the opportunities that the regulatory framework in the Republic of Serbia introduced in the field of renewable energy, including the legal framework and mechanisms that regulate the nature of the relationship between various stakeholders. The basic premise of the research is that the good regulations aim to provide predictability of income in the project, which has a direct impact on the reduction of costs and risks related to financing. Also, the paper analyzes the challenges that should be overcome in the future and recommends the possible further activities towards the more comprehensive funding, improvement of the general level of awareness about the importance of renewable energy projects and the role of banks in financing their further development.

Integrating renewables into energy systems

International Nuclear Information System (INIS)

1999-03-01

An analysis of renewable energy schemes was undertaken via case studies in China, India, Indonesia, Kenya, South Africa, Thailand and Zimbabwe, that provided an insight into the application of best practice for overcoming market, technical and financial barriers to the establishment of the sustainable markets required for the large-scale deployment of renewable energy technologies. The project showed clearly the need to select and target interventions according to the context. Lessons were extracted against a number of themes, as well as against the various technologies analysed and simple guides to the principles of best practice were derived under the following headings:- experience of gaining access to (micro) finance; the technical and non-technical issues raised when small, typically independent, generators seek access to central electricity grid systems; how to best undertake awareness raising and dissemination activities; promoting, building and operating biogas systems; promoting, building and operating solar (photovoltaic) home systems; promoting, building and operating grid connected wind power; promoting, building and operating solar hot water systems; promoting agricultural cogeneration using crop residues. (author)

Development of renewable energies in the building industry and in the industry in general

International Nuclear Information System (INIS)

2008-01-01

This third issue of the international DERBI conference has permitted to decipher the international actuality of renewable energies, to position the French national projects in this thriving context, and to discover the recent technological innovations. Californian companies were invited to this conference for a comparison of the policies in favor of renewable energy sources on both sides of the Atlantic ocean. This document gathers the transparencies presented at this conference and dealing with technologies, products, projects and realization in the following domains: solar cooling, biomass power plants, photovoltaic power plants and advances in photovoltaic engineering, solar thermal energy, thermodynamic solar power plants, architecture, renewable energies and the Eco-Building European project, biofuels, wood fuels, wind power and small wind power, geothermal energy. Presentations deal also with the financing of renewable energy projects, the competencies, employment and training, the numerical dimension, and the automation in the renewable energies domain. (J.S.)

Towards triple-A policies. More renewable energy at lower cost. D16 Report

Energy Technology Data Exchange (ETDEWEB)

Rathmann, M.; De Jager, D.; De Lovinfosse, I. [Ecofys, Utrecht (Netherlands); Breitschopf, B. [Fraunhofer Institute for Systems and Innovation Research ISI, Karlsruhe (Germany); Burgers, J. [KEMA, Arnhem (Netherlands); Weoeres, B. [EnergoBanking, Budapest (Hungary)

2011-11-15

The core objective of the RE-Shaping project is to assist Member State governments in preparing for the implementation of Directive 2009/28/EC (on the promotion of the use of energy from renewable sources) and to guide a European policy for RES (renewable energy sources) in the mid- to long term. The past and present success of policies for renewable energies will be evaluated and recommendations derived to improve future RES support schemes. The core content of this collaborative research activity comprises: Developing a comprehensive policy background for RES support instruments; Providing the European Commission and Member States with scientifically based and statistically robust indicators to measure the success of currently implemented RES policies; Proposing innovative financing schemes for lower costs and better capital availability in RES financing; Initiation of National Policy Processes which attempt to stimulate debate and offer key stakeholders a meeting place to set and implement RES targets as well as options to improve the national policies fostering RES market penetration; Assessing options to coordinate or even gradually harmonize national RES policy approaches.

The local investment in renewable energies

International Nuclear Information System (INIS)

Poussard, E.; Quantin, J.; Grepmeier, K.; Larsen, J.; Manolakaki, E.; Twele, J.

2003-01-01

These proceedings present some European testimonies about the advantage of local investment, illustrated with concrete cases taken in Germany, Denmark and Switzerland. They demonstrate that local investment in renewable energy sources is a reality and that this practice has indisputably contributed to their significant development in some countries of the European Union. The sustain of foreign banks to the financing of renewable energy sources is at the evidence an example to follow up in countries like France, Greece or Spain. Important efforts have to be made to simplify and encourage the implementation of projects, in particular from the administrative point of view. Beyond the financial aspects, the colloquium has shown that these practices of citizenship involvement represent an important factor of social adaptation and acceptation. The projects, gathering local actors but also the overall citizens through common investment funds, ensure a better territorial anchoring and a sustain to local and sustainable development. This document has been published with the support of the European Commission and ADEME (French Agency for Environment and Energy Management). (J.S.)

Of paradise and clean power: The effect of California's renewable portfolio standard on in-state renewable energy generation

Science.gov (United States)

Yin, Clifton Lee

Renewable portfolio standards (RPS), policies that encourage acquisition of electricity from renewable energy sources, have become popular instruments for discouraging the use of climate change inducing-fossil fuels. There has been limited research, however, that empirically evaluates their effectiveness. Using data gathered by three governmental entities -- the federal-level Energy Information Administration and two California agencies, the Employment Development Department and the Department of Finance -- this paper investigates the impact of California's RPS, one of the nation's most ambitious such policies, on in-state renewable energy generation. It finds that the California RPS did not bring about a one-time increase in generation with its inception, nor did it compel an increase in generation over time. These results raise questions as to the best way to structure RPS policies in light of growing interest in the establishment of a national RPS.

Urban Planners with Renewable Energy Skills

Directory of Open Access Journals (Sweden)

Arto Emerik Nuorkivi

2013-06-01

Full Text Available There is no much tradition to combine urban and energy planning together to fight Climate Change even though energy production with fossil fuels is the main cause to the Change. Pilot training of urban planners in five EU countries such Finland, Germany, Hungary, Spain and the United Kingdom to understand the basics of renewable energy sources (RES and energy efficiency (EE has been carried out during 2011-2012 under co-financing of Intelligent Energy Europe. Organizing such pilot training was challenging for many reasons, but the outcome can be consdered highly statisfactory, based on the recorded feedback of trainees and other stakeholders. The project encourages other planning schools in Europe to learn from the experience and to use the published training materials available in ten languages in their curricula.

Renewable energy respecting nature. A synthesis of knowledge on environmental impacts of renewable energy financed by the Research Council for Norway

Energy Technology Data Exchange (ETDEWEB)

May, Roel; Bevanger, Kjetil; Dijk, Jiska Van; Petrin, Zlatko; Brende, Hege

2012-07-01

Renewable energy production is seen as a key factor for reduction of climate emissions; however further development of landscapes and seascapes may impact the environment on top of existing pressures. Norway has committed to reduce emissions, and major efforts are put into technological and environmental research to provide knowledge and solutions to meet these challenges. This report synthesizes the knowledge on environmental impacts of renewable energy acquired through the EFFEN, EFFEKT and RENERGI programmes run by the Research Council of Norway; especially from the Centre for Environmental Design of Renewable Energy (CEDREN), as one of the centres for environmental-friendly energy research (CEER). Due to extensive water resources Norway was among the first countries to base its energy system on hydropower; already from the late 19th century. Today, approximately 62% of Norway's energy supply comes from hydropower. Norway has ratified EUs Renewables Directive and committed to a target of generating 67.5% from renewable sources. Because the majority of the large river systems were already regulated in the 1960s, wind power is expected to grow extensively to reach this target. With the current development of onshore and offshore wind power and the extension of associated power transmission, environmental considerations will evolve rapidly. Research on environmental impacts of hydropower production prioritized the Atlantic salmon for many years, also due to its value for recreation and tourism. Currently Norway is at the very front of generating knowledge on salmon, empirical studies and development of mitigation measures. Research on hydropower production in regulated rivers has revealed major bottlenecks for salmon production and survival, with varying impacts at different life stages. Research results from EnviDORR and EnviPEAK have provided solutions to ensure production of salmon despite hydropower development. This shows the possibility of reconciling

Making renewable energy competitive in India: Reducing financing costs via a government-sponsored hedging facility

International Nuclear Information System (INIS)

Farooquee, Arsalan Ali; Shrimali, Gireesh

2016-01-01

In India, a significant barrier to market-competitiveness of renewable energy is a shortage of attractive debt. Domestic debt has high cost, short tenors, and variable interest rates, adding 30% to the cost of renewable energy compared to renewable energy projects elsewhere. Foreign debt is as expensive as domestic debt because it requires costly market-based currency hedging solutions. We investigate a government-sponsored foreign exchange facility as an alternative to reducing hedging costs. Using the geometric Brownian motion (GBM) as a representative stochastic model of the INR–USD foreign exchange rate, we find that the expected cost of providing a currency hedge via this facility is 3.5 percentage points, 50% lower than market. This leads to an up to 9% reduction in the per unit cost of renewable energy. However, this requires the government to manage the risks related to unexpected currency movements appropriately. One option to manage these risks is via a capital buffer; for the facility to obtain India's sovereign rating, the capital buffer would need to be almost 30% of the underlying loan. Our findings have significant policy implications given that the Indian government can use this facility to make renewable energy more competitive and, therefore, hasten its deployment. - Highlights: • We analyze a government-sponsored foreign exchange facility in India. •We use geometric Brownian motion to represent the INR–USD exchange rate. •This facility can reduce the currency hedging costs by 50%. •This facility can reduce the levelized cost of renewable energy by 9%. •The capital buffer to reach India's sovereign rating is 30% of the original loan.

Research and Development Financing in the Renewable Energy Industry in Brazil

Directory of Open Access Journals (Sweden)

Muriel de Oliveira Gavira

2014-09-01

Full Text Available In the last decades, the Brazilian government has put many public policies in place in order to create a favourable environment to promote energy efficiency and clean energy. In this paper we discuss the use of research and development financing support by the clean energy industry in Brazil. To do so, we carried out an empirical research analysing secondary data from legislation, literature case studies, and public and industry reports in order to determine if the companies of the clean energy industry have public financial support to research and development. Our ongoing research shows that, despite incentives to stimulate the dissemination of clean energy, the participation of some of the clean energy is very small (especially solar. We believe that the contributions of this study will assist policy makers, and the whole industry, to improve clean energy research and development investments in Brazil.

Renewable energy

DEFF Research Database (Denmark)

Olsen, Birgitte Egelund

2016-01-01

Renewable energy projects are increasingly confronted by local opposition, which delays and sometimes even prevents their implementation. This reflects the frequent gap between support for the general idea of renewables as a strategy for reducing carbon emissions, and acceptance of renewable energy...

A qualitative factor analysis of renewable energy and Sustainable Energy for All (SE4ALL) in the Asia-Pacific

International Nuclear Information System (INIS)

Sovacool, Benjamin K.

2013-01-01

This study assesses the factors responsible for the success and failure of renewable energy access programs in Bangladesh, China, Laos, Mongolia, Nepal, Sri Lanka, India, Indonesia, Malaysia, and Papua New Guinea. Based on 441 research interviews over the course of four years, site visits to 90 renewable energy facilities, and focus groups with almost 800 community members in 10 countries, this study develops a series of overarching qualitative factors that correlate with programs that met their targets, sometimes ahead of schedule, and produced measurable benefits exceeding costs. The inverse of these factors is associated with programs that did not meet their targets, were behind schedule, and/or produced measurable costs exceeding benefits. It concludes by offering 10 lessons for energy analysts and development practitioners concerning appropriate technology, income generation, financing, political leadership, capacity building, programmatic flexibility, marketing and awareness, stakeholder engagement, community ownership, and technical standardization. - Highlights: • This study develops 10 qualitative lessons responsible for successful renewable energy access programs. • These concern appropriate technology, income generation, financing, leadership, and capacity building. • They also involve flexibility, awareness, stakeholder engagement, community ownership, and technical standardization

Equilibrium Transitions from Non Renewable Energy to Renewable Energy under Capacity Constraints

OpenAIRE

Amigues, Jean-Pierre; Ayong Le Kama, Alain; Moreaux, Michel

2013-01-01

We study the transition between non-renewable and renewable energy sources with adjustment costs over the production capacity of renewable energy. Assuming constant variable marginal costs for both energy sources, convex adjustment costs and a more expensive renewable energy, we show the following. With sufficiently abundant non-renewable energy endowments, the dynamic equilibrium path is composed of a first time phase of only non-renewable energy use followed by a transition phase substituti...

Financial mechanisms for renewable energy sources; Mecanismos financeiros para fontes de energia renovaveis

Energy Technology Data Exchange (ETDEWEB)

Moya Chaves, Francisco David [Universidade Estadual de Campinas (UNICAMP), SP (Brazil)

2006-07-01

This work presents three different financial mechanisms in the world as choices in the electricity generation investment from alternative energy sources. It shows a description of the following methods developed in the world: payment capacity, social costs of energy, and markets that trade renewable energies certificates. Finally, a recommendation about the best choice that could be implemented in Brazil is suggested. Given the importance in the use of the renewable energy of electric energy generation, most of the electric systems in the world have developed mechanisms to encourage the use of alternative energies. With the capacity payment the power plants that employ alternative sources, can receive extra payment as benefits for their initial investment. A possibility could be fixing taxes for the generation of electricity with fossil fuel that could finance the renewable energy sources. A renewable energy market dealing with trade able certificates, forces the electricity purchasers to have a percentage from alternative energies of the totally energy acquired. In this way the forced purchasing of energy from power plants which use energy certificates allows the expansion of these technologies. (author)

The Renewable Energy Data Explorer: Mapping Our Renewable Energy Future

Energy Technology Data Exchange (ETDEWEB)

2017-04-13

The Renewable Energy (RE) Data Explorer, developed by the National Renewable Energy Laboratory, is an innovative web-based platform that allows users to visualize and analyze renewable energy potential. The RE Data Explorer informs prospecting, integrated planning, and policymaking to enable low emission development.

Feed-in tariffs for renewable energies in Europe - an overview

International Nuclear Information System (INIS)

Wagner, A.

1999-01-01

Tariffs paid for renewable electricity have become the decisive criteria for renewable energy development in Europe. This interdependency has been reflected by the introduction of various legislative schemes for renewable energy sources (RES) in an increasing number of Eu Member States which is being analysed in this paper. The rapidly expanding market for wind power in Europe has been the best example for the success of favourable tariff schemes for renewable energies. Such as supportive framework - especially as in Denmark and Germany - has allowed the emerging industry to develop and expand, with thousands of new jobs created. Taking a closer look at installation rates, it is obvious that many existing regulations and tariff schemes in other Member States do not seem sufficient to allow for an accelerated market introduction of RES. Therefore, favourable framework conditions - especially with regard to financing - are required at European level. This is why this paper proposes the introduction of a common European legislation granting minimum tariffs to renewable energies which are fed into the electricity grids. The proposed directive is in line with several resolutions of the European Parliament and with many documents adopted by the European Commission, the latest the Green Paper on RES. (orig.)

SADC renewable energy and energy efficiency status report 2015

International Nuclear Information System (INIS)

Stiles, Geoff; Murove, Charles; Appavou, Fabiani; Ranalder, Lea; Williamson, Laura E.

2015-01-01

The Southern African Development Community (SADC) is one of the oldest regional economic communities on the African continent. It has developed into a progressive regional institution providing guidance to 15 member states, covering a wide range of economic, social and geographic characteristics. SADC is now becoming a key player in the international trend towards development of renewable energy resources as well as energy efficiency. The SADC Renewable Energy and Energy Efficiency Status Report supports SADC's efforts to increase the deployment of renewable energy and energy efficiency in Southern Africa by providing a comprehensive regional review of renewable energy and energy efficiency developments, evolving policy landscapes, market trends and related activities, achievements in renewable energy on- and off-grid, and opportunities for the financing of these activities. With an expanding population of 298 million, SADC accounted for approximately 32% of sub-Saharan Africa's total population of 926 million in 2014. Three countries - the Democratic Republic of Congo (DRC), South Africa and Tanzania - together account for more than 60% of the region's population. Country GDPs vary widely, from USD 1.3 billion (Seychelles) to USD 349 billion (South Africa), as does GDP per capita, ranging from USD 342 (Malawi) to USD 15,347 (Seychelles). There are also differences in levels of socio-economic development, as measured by the United Nations Human Development Index (HDI): from a low of 0.338 (the DRC) to a high of 0.771 (Mauritius), reflecting the huge disparities in income, education, social services and infrastructure among these countries. In the energy sector, SADC has focused on two areas: improving access to modern energy services for off-grid populations, and increasing the security and stability of energy supplies generally. To achieve its goals, SADC has developed a series of guiding documents, including the SADC Energy Protocol, the Regional Indicative

Action plan for renewable energy sources

International Nuclear Information System (INIS)

2000-03-01

energy sources in relation to other energy sources. The objective in the long term is to make them as competitive as possible in the open energy market. Among those measures of crucial importance included in the Action Plan, we can mention development and commercialisation of new technology as well as several financial measures, of which taxation and investment aid are considered to have the greatest effect. In addition, the Action Plan presents several administrative measures for the promotion of renewable energy sources. A separate assessment of the environmental impact of the Action Plan has been made resulting in an environmental impact statement (EIS) that contains a detailed account of the environmental impacts of the use of renewable energy sources and the use of peat in energy production. The most important environmental impact of the implementation of the Action Plan will be a reduction in greenhouse gas emissions. As a result of the intensified measures to be taken in accordance with the Action Plan, carbon dioxide emissions are estimated to be reduced at least by 2 million tons per year compared with the outlook presented in the Energy Strategy. Further, the use of waste, which otherwise would have been transported to tips, in energy production is estimated to reduce methane emissions by 1 million ton per year (C0 2 equivalent). The reduction might be even much bigger in the next few years. To ensure that the objectives of the Action Plan will be achieved, the contribution by the State (tax subsidies, investment aid and other forms of aid) should be approx. FIM 500 million on an average per year in the next ten years. In 1998, the State's contribution exceeded FIM 300 million. Further, financing amounting to approx. FIM 200 million is channelled to the research on and the development of energy production technology, which in the future to a larger extent than now will be channelled to the development of such forms of energy production technology that are using

Renewable energy resources

CERN Document Server

Twidell, John

2015-01-01

Renewable Energy Resources is a numerate and quantitative text covering the full range of renewable energy technologies and their implementation worldwide. Energy supplies from renewables (such as from biofuels, solar heat, photovoltaics, wind, hydro, wave, tidal, geothermal, and ocean-thermal) are essential components of every nation's energy strategy, not least because of concerns for the local and global environment, for energy security and for sustainability. Thus in the years between the first and this third edition, most renewable energy technologies have grown from fledgling impact to s

Renewable energy resources

DEFF Research Database (Denmark)

Ellabban, Omar S.; Abu-Rub, Haitham A.; Blaabjerg, Frede

2014-01-01

Electric energy security is essential, yet the high cost and limited sources of fossil fuels, in addition to the need to reduce greenhouse gasses emission, have made renewable resources attractive in world energy-based economies. The potential for renewable energy resources is enormous because...... they can, in principle, exponentially exceed the world's energy demand; therefore, these types of resources will have a significant share in the future global energy portfolio, much of which is now concentrating on advancing their pool of renewable energy resources. Accordingly, this paper presents how...... renewable energy resources are currently being used, scientific developments to improve their use, their future prospects, and their deployment. Additionally, the paper represents the impact of power electronics and smart grid technologies that can enable the proportionate share of renewable energy...

The French know-how in the field of renewable energies

International Nuclear Information System (INIS)

2010-01-01

After having briefly described the energetic and environmental context (climate change, energy supply, environment and health protection, development of 'green' industries in France) which calls for a development of renewable energies, this report proposes a rather brief overview of their stage of development in France. For each type of renewable energy, i.e. wind, solar, wood, biomass and biofuels, hydroelectricity, geothermal energy, sea energy, the report gives an overview of available technologies, of the energy production capacity, of industrial actors, of some programmes, projects or realizations. It also describes the innovation and research and development context (involved agencies and institutions, French and European programmes and projects). It presents important aspects of public policies: 'Grenelle de l'Environnement', Mediterranean Solar Plan, electricity purchase, tax credit, Heat Fund (Fonds Chaleur), and other financing funds and instruments. It also indicates public and private bodies committed in consultancy, education and information

Developing Renewable Energy Projects Larger Than 10 MWs at Federal Facilities

Energy Technology Data Exchange (ETDEWEB)

None

2013-03-01

To accomplish Federal goals for renewable energy, sustainability, and energy security, large-scale renewable energy projects must be developed and constructed on Federal sites at a significant scale with significant private investment. For the purposes of this Guide, large-scale Federal renewable energy projects are defined as renewable energy facilities larger than 10 megawatts (MW) that are sited on Federal property and lands and typically financed and owned by third parties.1 The U.S. Department of Energy’s Federal Energy Management Program (FEMP) helps Federal agencies meet these goals and assists agency personnel navigate the complexities of developing such projects and attract the necessary private capital to complete them. This Guide is intended to provide a general resource that will begin to develop the Federal employee’s awareness and understanding of the project developer’s operating environment and the private sector’s awareness and understanding of the Federal environment. Because the vast majority of the investment that is required to meet the goals for large-scale renewable energy projects will come from the private sector, this Guide has been organized to match Federal processes with typical phases of commercial project development. FEMP collaborated with the National Renewable Energy Laboratory (NREL) and professional project developers on this Guide to ensure that Federal projects have key elements recognizable to private sector developers and investors. The main purpose of this Guide is to provide a project development framework to allow the Federal Government, private developers, and investors to work in a coordinated fashion on large-scale renewable energy projects. The framework includes key elements that describe a successful, financially attractive large-scale renewable energy project. This framework begins the translation between the Federal and private sector operating environments. When viewing the overall

Renewable energy

International Nuclear Information System (INIS)

Berghmans, J.

1994-01-01

Renewable energy sources have a small environmental impact and can be easily integrated within existing structures. Moreover, the use of renewable energy sources can contribute to achieve a zero emission of carbon dioxide by 2100, provided an efficient environmental policy during the next 40 years. This includes a correct pricing policy of renewable energy sources with respect to nuclear energy and fossil fuel. The latter energy sources have been favoured in the past. In addition, an open market policy, the restructuring or conversion of existing international energy institutes, and international treaties for the protection of the natural environment are needed in view of achieving the zero carbon dioxide emission objective. (A.S.)

Economic Impacts from the Boulder County, Colorado, ClimateSmart Loan Program: Using Property-Assessed Clean Energy Financing

Energy Technology Data Exchange (ETDEWEB)

Goldberg, M.; Cliburn, J. K.; Coughlin, J.

2011-04-01

This report examines the economic impacts (including job creation) from the Boulder County, Colorado, ClimateSmart Loan Program (CSLP), an example of Property-Assessed Clean Energy (PACE) financing. The CSLP was the first test of PACE financing on a multi-jurisdictional level (involving individual cities as well as the county government). It was also the first PACE program to comprehensively address energy efficiency measures and renewable energy, and it was the first funded by a public offering of both taxable and tax-exempt bonds.

Renewable energy projects in small island countries funded under the United Nation trust found for new and renewable source of energy (NRSE)

International Nuclear Information System (INIS)

Gururaja, J.

1999-01-01

The NRSE trust fund established with financial support from the Italian Government has succeeded in catalyzing a number of energy projects in small island developing countries. These projects have elicited a great deal of interest by local communities and opened up prospects for further utilization of locally available energy resources. The projects have created a positive impact on the quality of life of people in dispersed locations in small island developing countries by focusing on provision of renewable energy based electricity services such as solar PV lighting for homes, schools, and hospitals; radio, TV, VCR as well as medicine refrigerators. Thus it has become evident that renewable energy technologies such as solar and wind systems can have an important role to play in improving the quality of life of people in these small island countries. Market potential for these technologies is indeed substantial. However constraints and barriers still exist. One of the principal barriers is still the high initial cost of solar devices. Innovative financing including microcredit facilities needs to be explored. Efforts are also needed to strengthen local capacity to undertake assembly of components and systems, and also in the installation, maintenance, and service of renewable energy devices. Entrepreneurial activities need to be fostered through further strengthening of skills in this area. (EHS)

Renewable energy projects in small island countries funded under the United Nation trust found for new and renewable source of energy (NRSE)

Energy Technology Data Exchange (ETDEWEB)

Gururaja, J. [Energy and Transport Branch, Division for Sustainabel Development, Department of Economic and Social Affairs, United Nations, NY (United States)

1999-11-01

The NRSE trust fund established with financial support from the Italian Government has succeeded in catalyzing a number of energy projects in small island developing countries. These projects have elicited a great deal of interest by local communities and opened up prospects for further utilization of locally available energy resources. The projects have created a positive impact on the quality of life of people in dispersed locations in small island developing countries by focusing on provision of renewable energy based electricity services such as solar PV lighting for homes, schools, and hospitals; radio, TV, VCR as well as medicine refrigerators. Thus it has become evident that renewable energy technologies such as solar and wind systems can have an important role to play in improving the quality of life of people in these small island countries. Market potential for these technologies is indeed substantial. However constraints and barriers still exist. One of the principal barriers is still the high initial cost of solar devices. Innovative financing including microcredit facilities needs to be explored. Efforts are also needed to strengthen local capacity to undertake assembly of components and systems, and also in the installation, maintenance, and service of renewable energy devices. Entrepreneurial activities need to be fostered through further strengthening of skills in this area. (EHS)

Renewable energy annual 1996

International Nuclear Information System (INIS)

1997-03-01

This report presents summary data on renewable energy consumption, the status of each of the primary renewable technologies, a profile of each of the associated industries, an analysis of topical issues related to renewable energy, and information on renewable energy projects worldwide. It is the second in a series of annual reports on renewable energy. The renewable energy resources included in the report are biomass (wood and ethanol); municipal solid waste, including waste-to-energy and landfill gas; geothermal; wind; and solar energy, including solar thermal and photovoltaic. The report also includes various appendices and a glossary

Renewable energy annual 1996

Energy Technology Data Exchange (ETDEWEB)

NONE

1997-03-01

This report presents summary data on renewable energy consumption, the status of each of the primary renewable technologies, a profile of each of the associated industries, an analysis of topical issues related to renewable energy, and information on renewable energy projects worldwide. It is the second in a series of annual reports on renewable energy. The renewable energy resources included in the report are biomass (wood and ethanol); municipal solid waste, including waste-to-energy and landfill gas; geothermal; wind; and solar energy, including solar thermal and photovoltaic. The report also includes various appendices and a glossary.

International energy financing

International Nuclear Information System (INIS)

Vedavalli, Rangaswamy

1994-01-01

Some of the innovative financing options being considered by developing countries and economies in transition as ways of mobilizing international energy financing are discussed. Build-Own-Operate (BOO) and Transfer (BOOT) is the most commonly adopted approach. This involves limited resource financing of a project on the basis of the associated cash flow and risks and not on the credit of the project owners. The World Bank has set up the Multilateral Investment Guarantee Agency to provide, on a fee basis, guarantees against certain non-commercial forms of risk in order to promote international capital flow to developing countries. In 1989, the World Bank introduced the Expanded Co-financing Operations (ECO) programme as an instrument to catalyze the flow of private finance into developing countries and to improve their access to international financial markets. Other financial instruments currently being established include: leasing of equipment or whole plants by foreign investors; private ownership or operation of generation and distribution facilities; exchange of specific export goods for energy imports; developing instruments to finance local costs; revenue bonds; tax-exempt bonds; sale of electricity futures to those seeking more stable, longer term electricity price contracts. (UK)

Implementation of renewable energy technologies - Opportunities and barriers. Ghana country study

Energy Technology Data Exchange (ETDEWEB)

Edjekumhene, I.; Atakora, S.B.; Atta-Konadu, R.; Brew-Hammond, A. [Kumasi Inst. og Technology and Environment (Ghana)

2001-07-01

This report presents the experience of Ghana in the development, utilisation and promotion of Renewable Energy Technologies (RETs). The report gives a general overview of the state of RETs, describes past/existing institutional, regulatory and policy framework, identifies key barriers to and opportunities for RETs, and recommends directional changes needed to remove barriers and promote wide-scale adoption of RETs in Ghana. A total of eight RETs - biomass-fired dryers, sawdust stoves, sawdust briquette, biogas, solar crop dryer, solar water heater, solar water pump and small hydro power - are covered in the report. Analyses of barriers to the eight RETs are carried out using a framework approach that categorises barriers into socio-technical, economic and crosscutting barriers. Financial analyses, as opposed to economic analyses, have been carried out for all the selected RETs. The report also incorporates stake holders' perspectives and views on barriers and how they can be removed. Ghana is endowed with several renewable energy resources like solar radiation, small hydro, biomass, and wind. Exploitation of Ghana's renewable energy resources has been carried out under two main policy regimes - PND Law 62 (1983) and the Energy Sector Development Programme (ESDP). Several measures and instruments have been employed in the implementation of renewable energy policies. The main measures used are research and development, information and eduction, and some normative measures (like the passing of PNDC Law 62 and the Energy Commission Law). Some economic instruments, such as subsidies, taxes, pricing, financing and duty waiver/reduction, have been used as well but only to a limited extent. The effective development, implementation and dissemination of all the RETs studied are hampered by several barriers, which can be grouped into three main categories - Socio-technical barriers, economic barriers and crosscutting barriers. Socio-technical barriers refer to

Implementation of renewable energy technologies - Opportunities and barriers. Ghana country study

Energy Technology Data Exchange (ETDEWEB)

Edjekumhene, I; Atakora, S B; Atta-Konadu, R; Brew-Hammond, A [Kumasi Inst. og Technology and Environment (Ghana)

2001-07-01

This report presents the experience of Ghana in the development, utilisation and promotion of Renewable Energy Technologies (RETs). The report gives a general overview of the state of RETs, describes past/existing institutional, regulatory and policy framework, identifies key barriers to and opportunities for RETs, and recommends directional changes needed to remove barriers and promote wide-scale adoption of RETs in Ghana. A total of eight RETs - biomass-fired dryers, sawdust stoves, sawdust briquette, biogas, solar crop dryer, solar water heater, solar water pump and small hydro power - are covered in the report. Analyses of barriers to the eight RETs are carried out using a framework approach that categorises barriers into socio-technical, economic and crosscutting barriers. Financial analyses, as opposed to economic analyses, have been carried out for all the selected RETs. The report also incorporates stake holders' perspectives and views on barriers and how they can be removed. Ghana is endowed with several renewable energy resources like solar radiation, small hydro, biomass, and wind. Exploitation of Ghana's renewable energy resources has been carried out under two main policy regimes - PND Law 62 (1983) and the Energy Sector Development Programme (ESDP). Several measures and instruments have been employed in the implementation of renewable energy policies. The main measures used are research and development, information and eduction, and some normative measures (like the passing of PNDC Law 62 and the Energy Commission Law). Some economic instruments, such as subsidies, taxes, pricing, financing and duty waiver/reduction, have been used as well but only to a limited extent. The effective development, implementation and dissemination of all the RETs studied are hampered by several barriers, which can be grouped into three main categories - Socio-technical barriers, economic barriers and crosscutting barriers. Socio-technical barriers refer to resource

Can renewable energy be financed with higher electricity prices? Evidence from a Spanish region

International Nuclear Information System (INIS)

Gracia, Azucena; Barreiro-Hurlé, Jesús; Pérez y Pérez, Luis

2012-01-01

In this paper we estimate the willingness to pay for mix of renewable sources of electric power by means of a discrete choice experiment survey conducted in Spain in 2010. Two main categories of power supply attributes are explored: source of renewable power (wind, solar and biomass) and the origin of such power. The findings suggest that most consumers are not willing to pay a premium for increases in the shares of renewable in their electricity mix. For two of the three renewable sources considered (wind and biomass) an increase of the renewable mix would require a discount. Instead, we record positive willing to pay for increases in the share of both solar power and locally generated power. However, preferences for types of renewable (solar and wind) are found to be heterogeneous. By classifying respondents in two groups according to the implied importance of the share of renewable sources in their power mix we identify a market segment consisting of 20% of respondents that could promote renewable energy in the absence of subsidies. This is because such a segment shows willingness to pay higher than the current feed-in tariffs. - Highlights: ► We evaluate the WTP for different renewable electricity sources in a Aragon. ► Average positive WTP is found for only some renewable sources. ► Specific market segments are willing to pay for specific renewable sources. ► Geographical origin is more important than renewable source.

A fuzzy levelised energy cost method for renewable energy technology assessment

International Nuclear Information System (INIS)

Wright, Daniel G.; Dey, Prasanta K.; Brammer, John G.

2013-01-01

Renewable energy project development is highly complex and success is by no means guaranteed. Decisions are often made with approximate or uncertain information yet the current methods employed by decision-makers do not necessarily accommodate this. Levelised energy costs (LEC) are one such commonly applied measure utilised within the energy industry to assess the viability of potential projects and inform policy. The research proposes a method for achieving this by enhancing the traditional discounting LEC measure with fuzzy set theory. Furthermore, the research develops the fuzzy LEC (F-LEC) methodology to incorporate the cost of financing a project from debt and equity sources. Applied to an example bioenergy project, the research demonstrates the benefit of incorporating fuzziness for project viability, optimal capital structure and key variable sensitivity analysis decision-making. The proposed method contributes by incorporating uncertain and approximate information to the widely utilised LEC measure and by being applicable to a wide range of energy project viability decisions. -- Highlights: •Proposes a fuzzy levelised energy cost (F-LEC) methodology to support energy project development. •Incorporates the terms and cost of project finance into the F-LEC method. •Applies the F-LEC method to an example bioenergy project development case

Second world renewable energy assembly (WREA) 2007; 2. Weltversammlung fuer Erneuerbare Energien (WREA) 2007

Energy Technology Data Exchange (ETDEWEB)

NONE

2007-07-01

Within the Second World Renewable Energy Assembly at 19th to 21st November, 2007, in Bonn (Federal Republic of Germany), the following lectures were held: (1) How to motivate common people, scientists, companies and policy makers for renewable energy (Volker Thomsen); (2) Renewables 2007 Global Status Report (Eric Martinot); (3) Renewable Energy in Africa (Ibrahim Togola); (4) Legislation, the great challenge for renewable energies in Latin America (Mauro Passos); (5) Building Strategic North American Alliances to Maximize the Implementation of Renewable Energy (Jose Etcheverry); (6) Renewable Energy and Sustainable Development (Shi DingHuan); (7) Renewable Energies in EU27 (Wolfgang Palz); (8) The health costs of conventional energies (Susanne Weber-Mosdorf); (9) The need for a EU-wide Moratorium on Incentives for Agrofuels and Imports of Agrofuels (Sergio Oceransky); (10) The nuclear power is no solution (Eike Schwarz); (11) Carbon Trading - a critical conversation on climate change, privatisation and power (Jutta Kil); (12) The culminating energy insecurity (Joerg Schindler); (13) 100 % Renewables Scenarios an Overview (Harry Lehmann); (14) ICLEI's Local Renewables Initiative What local governments can do to promote the generation and use of renewable energy (Monika Zimmermann); (15) 100 % Projects for cities, countries and regions - an overview (Michael Stoehr); (16) Conceptualizing RE Strategies (Heinz-Wolfgang Boehnke); (17) Negawatts and Micropower: The Coming Electrical Revolution (Amory Lovins); (18) Renewable Energies, Sustainability and World Trade - Overcoming the double standard (Doerte Fouquet); (19) Financing strategies for Renewable Energies in Latin America and The Caribbean (Pablo Rosenthal); (20) Overcoming the Double-Standards: Subsidies for Nuclear and Fossil Energy (Doug Koplow); (21) The prepossession of international institutions for energy (Hans-Josef Fell); (22) The bias of the international energy institutions: The case of IAEO (Wolfgang

Second world renewable energy assembly (WREA) 2007; 2. Weltversammlung fuer Erneuerbare Energien (WREA) 2007

Energy Technology Data Exchange (ETDEWEB)

NONE

2007-07-01

Within the Second World Renewable Energy Assembly at 19th to 21st November, 2007, in Bonn (Federal Republic of Germany), the following lectures were held: (1) How to motivate common people, scientists, companies and policy makers for renewable energy (Volker Thomsen); (2) Renewables 2007 Global Status Report (Eric Martinot); (3) Renewable Energy in Africa (Ibrahim Togola); (4) Legislation, the great challenge for renewable energies in Latin America (Mauro Passos); (5) Building Strategic North American Alliances to Maximize the Implementation of Renewable Energy (Jose Etcheverry); (6) Renewable Energy and Sustainable Development (Shi DingHuan); (7) Renewable Energies in EU27 (Wolfgang Palz); (8) The health costs of conventional energies (Susanne Weber-Mosdorf); (9) The need for a EU-wide Moratorium on Incentives for Agrofuels and Imports of Agrofuels (Sergio Oceransky); (10) The nuclear power is no solution (Eike Schwarz); (11) Carbon Trading - a critical conversation on climate change, privatisation and power (Jutta Kil); (12) The culminating energy insecurity (Joerg Schindler); (13) 100 % Renewables Scenarios an Overview (Harry Lehmann); (14) ICLEI's Local Renewables Initiative What local governments can do to promote the generation and use of renewable energy (Monika Zimmermann); (15) 100 % Projects for cities, countries and regions - an overview (Michael Stoehr); (16) Conceptualizing RE Strategies (Heinz-Wolfgang Boehnke); (17) Negawatts and Micropower: The Coming Electrical Revolution (Amory Lovins); (18) Renewable Energies, Sustainability and World Trade - Overcoming the double standard (Doerte Fouquet); (19) Financing strategies for Renewable Energies in Latin America and The Caribbean (Pablo Rosenthal); (20) Overcoming the Double-Standards: Subsidies for Nuclear and Fossil Energy (Doug Koplow); (21) The prepossession of international institutions for energy (Hans-Josef Fell); (22) The bias of the international energy institutions: The case of IAEO

Debt swaps as an innovative tool for financing renewable energies

International Nuclear Information System (INIS)

Gugler, A.

1999-01-01

The emergence of a so-called 'secondary market' for Third World debt papers laid the foundations for different types of debt swaps or debt conversions. A debt conversion is a financial transaction in which a 'converter' (or investor) exchanges (swaps) a debt denominated in a hard currency for a domestic debt payable in local currency by the debtor government. This operation is attractive for the investor because it can imply a significant leverage, since the debt paper is purchased at an often substantial discount on the secondary market, whereas the debtor government will redeem it at a rate above the purchase price. Debt swaps can play a role as an additional source of development finance, but their contribution should not be overestimated. Over the last ten years, debt-for-development and debt-for-nature swaps have generated an estimated US$ 1 billion in local currency. In recent years, debt swaps originating with non-governmental organizations have considerably slowed, probably due to rising prices for commercial debt titles. On the other hand, it is expected that there will be an increase of official debt conversions in the future. Since they can be an attractive financing tool, debt swaps could also be used in order to fund investments in or credit facilities for alternative energies. (orig.)

Renewable energy handbook

Energy Technology Data Exchange (ETDEWEB)

Fine, R

1976-01-01

The potential for renewable energy use in Canada is examined. It is pointed out that Canada can choose to begin to diversify its energy supply now, moving rapidly and smoothly towards an efficient energy society based on renewable energy sources; or, it can continue on its present course and face the possibility of being forced by necessity to make a later transition to renewable sources, probably with a great deal of economic and political disruption. The handbook begins with a discussion on major issues and options available. This second section deals with the technology, applications, and costs of direct solar energy utilization, solar thermal electricity generation, photovoltaic conversion, wind energy, biomass energy, tidal power, wave energy, ocean thermal energy, geothermal energy, heat pumps, and energy storage. Section three discusses how renewable energy might realistically supply Canada's energy requirements within a reasonable period of time. Some issues on how government, industry, and the individual may become involved to make this happen are suggested. A list of resource people and renewable energy businesses is provided in the last section. A recommended reading list and bibliography complete the handbook. (MCW)

Assessment of instruments in facilitating investment in off-grid renewable energy projects

International Nuclear Information System (INIS)

Shi, Xunpeng; Liu, Xiying; Yao, Lixia

2016-01-01

Renewable off-grid solution plays a critical role in supporting rural electrification. However, off-grid Renewable Energy (OGRE) project financing faces significant challenges due to limited financing access, low affordability of consumers, high transactions costs and etc. Various supporting instruments have been implemented to facilitate OGRE investment. This study assesses the effectiveness of those instruments with a framework consists of three dimensions: feasibility, sustainability and replicability. The weights of each dimension in the framework and the scores of each instrument are assessed by expert surveys based on the Delphi method. It is suggested that all the three dimensions should be taken into consideration while assessing the instruments, among which feasibility and sustainability are considered as the most important dimensions in the assessment framework. Furthermore, the top-5 most effective instruments in facilitating OGRE investment are local engagement in operation and maintenance, loan guarantee, start-up grant, end user financing, and concessional finance. Developing countries that need to increase electrification, such as most of the ASEAN member states, could use these top scored instruments despite of their limited amount of public finance. - Highlights: •Assess the effectiveness of instruments for promoting financing for OGRE projects. •A three-dimension assessment framework: feasibility, sustainability, replicability. •Use online surveys and the Delphi method to collect experts’ assessment. •The most effective instruments: local engagement, loan guarantee, and start-up grant.

Renewable energy annual 1995

International Nuclear Information System (INIS)

1995-12-01

The Renewable Energy Annual 1995 is the first in an expected series of annual reports the Energy Information Administration (EIA) intends to publish to provide a comprehensive assessment of renewable energy. This report presents the following information on the history, status, and prospects of renewable energy data: estimates of renewable resources; characterizations of renewable energy technologies; descriptions of industry infrastructures for individual technologies; evaluations of current market status; and assessments of near-term prospects for market growth. An international section is included, as well as two feature articles that discuss issues of importance for renewable energy as a whole. The report also contains a number of technical appendices and a glossary. The renewable energy sources included are biomass (wood), municipal solid waste, biomass-derived liquid fuels, geothermal, wind, and solar and photovoltaic

Renewable energy annual 1995

Energy Technology Data Exchange (ETDEWEB)

NONE

1995-12-01

The Renewable Energy Annual 1995 is the first in an expected series of annual reports the Energy Information Administration (EIA) intends to publish to provide a comprehensive assessment of renewable energy. This report presents the following information on the history, status, and prospects of renewable energy data: estimates of renewable resources; characterizations of renewable energy technologies; descriptions of industry infrastructures for individual technologies; evaluations of current market status; and assessments of near-term prospects for market growth. An international section is included, as well as two feature articles that discuss issues of importance for renewable energy as a whole. The report also contains a number of technical appendices and a glossary. The renewable energy sources included are biomass (wood), municipal solid waste, biomass-derived liquid fuels, geothermal, wind, and solar and photovoltaic.

Renewable energy export network

International Nuclear Information System (INIS)

Anon

2000-01-01

A Renewable Energy Exporters Network (REEN) has recently been established, following a meeting of renewable energy exporters and government agencies on 30 October 2000. REEN will assist the Australian renewable energy industry to take advantage of the opportunities offered by the burgeoning global market for renewable energy goods and services. Recent estimates of the significant potential global growth is renewable energy demand have reinforced the industry and Government's view that, in the medium to long-term, growth in the Australian renewable energy industry will largely depend on capturing export market share. Expanding the export market was identified as a crucial component in the Renewable Energy Action Agenda, developed jointly by industry and Government and released in June 2000. It was estimated that, for the industry to achieve its vision of sales of $4 billion per year by 2010, exports would need to comprise approximately 50% of the forecast growth in sales. As such, the need for a specific export strategy for the Australian renewable energy industry was recognised in the Action Agenda, and the establishment of the REEN is one of the first initiatives undertaken as part of the Renewable Energy Export Strategy. The REEN comprises approximately 50 export-ready renewable energy companies, the Department of Industry, Science and Resources, Austrade, and Stage Government agencies such as NSW's Sustainable Energy Development Authority. The Export Network will operate electronically, with face-to-face meetings held as appropriate. The Department of Industry, Science and Resources will facilitate the Export Network and has published a website at www.isr.gov.au/industry/reen. The site includes: a members directory; a discussion forum; information on opportunities to showcase Australian renewable; energy products and services; and Iinks to sites containing information that may be useful to renewable energy exporters. Other actions that are being undertaken as

Renewable Energy Sources - Technologies and Development of the Economy

International Nuclear Information System (INIS)

Car, S.

2010-01-01

The usage of renewable energy sources is a substitute for usage of fossil fuels, whose quantities are limited, and it represents an essential contribution to the reduction of greenhouse gases; at the same time it has a great economic significance for the development of new industries and creation of new jobs. To speed up gradual transition from fossil to renewable sources, governments of all EU member states harmonise their legislations and subordinate regulations promoting investments in usage of renewable sources and thus creating opportunities for new jobs especially in the production of plants and equipment for utilisation of wind power, solar energy, small hydro power plants, biomass and other kinds of renewable sources. In the last 10 years Croatia has adopted a number of acts and regulations that also stimulate investors to utilise renewable sources, and the source of such subsidies is a higher price of electricity paid by all the consumers. On the other hand, the development of domestic industry and gaining references necessary for gaining new contracts are very difficult because of stiff international competition and foreign sources of finance, which often require purchase of foreign equipment as a condition for contract award. In such conditions the utilisation of renewable sources does not contribute either to economic development or creating new jobs in Croatia, but in the countries in which such equipment is produced.(author).

Development of renewable energies in the building industry and in the industry in general; Developpement des energies renouvelable dans le batiment et l'industrie

Energy Technology Data Exchange (ETDEWEB)

NONE

2008-07-01

This third issue of the international DERBI conference has permitted to decipher the international actuality of renewable energies, to position the French national projects in this thriving context, and to discover the recent technological innovations. Californian companies were invited to this conference for a comparison of the policies in favor of renewable energy sources on both sides of the Atlantic ocean. This document gathers the transparencies presented at this conference and dealing with technologies, products, projects and realization in the following domains: solar cooling, biomass power plants, photovoltaic power plants and advances in photovoltaic engineering, solar thermal energy, thermodynamic solar power plants, architecture, renewable energies and the Eco-Building European project, biofuels, wood fuels, wind power and small wind power, geothermal energy. Presentations deal also with the financing of renewable energy projects, the competencies, employment and training, the numerical dimension, and the automation in the renewable energies domain. (J.S.)

Energy Systems With Renewable Hydrogen Compared to Direct Use of Renewable Energy in Austria

International Nuclear Information System (INIS)

Gerfried Jungmeier; Kurt Konighofer; Josef Spitzer; R Haas; A Ajanovic

2006-01-01

The current Austrian energy system has a renewable energy share of 20% - 11% hydropower and 9 % biomass - of total primary energy consumption. Whereas a possible future introduction of renewable hydrogen must be seen in the context of current energy policies in Austria e.g. increase of energy efficiency and use of renewable energy, reduction of greenhouse gas emissions. The aim of the research project is a life cycle based comparison of energy systems with renewable hydrogen from hydropower, wind, photovoltaic and biomass compared to the direct use of renewable energy for combined heat and power applications and transportation services. In particular this paper focuses on the main question, if renewable energy should be used directly or indirectly via renewable hydrogen. The assessment is based on a life cycle approach to analyse the energy efficiency, the material demand, the greenhouse gas emissions and economic aspects e.g. energy costs and some qualitative aspects e.g. energy service. The overall comparison of the considered energy systems for transportation service and combined heat and electricity application shows, that renewable hydrogen might be beneficial mainly for transportation services, if the electric vehicle will not be further developed to a feasibly wide-spread application for transportation service in future. For combined heat and electricity production there is no advantage of renewable hydrogen versus the direct use of renewable energy. Conclusions for Austria are therefore: 1) renewable hydrogen is an interesting energy carrier and might play an important role in a future sustainable Austrian energy system; 2) renewable hydrogen applications look most promising in the transportation sector; 3) renewable hydrogen applications will be of low importance for combined heat and electricity applications, as existing technologies for direct use of renewable energy for heat and electricity are well developed and very efficient; 4) In a future '100

New renewable energy sources

International Nuclear Information System (INIS)

2001-06-01

This publication presents a review of the technological, economical and market status in the field of new renewable energy sources. It also deals briefly with the present use of energy, external conditions for new renewable energy sources and prospects for these energy sources in a future energy system. The renewable energy sources treated here are ''new'' in the sense that hydroelectric energy technology is excluded, being fully developed commercially. This publication updates a previous version, which was published in 1996. The main sections are: (1) Introduction, (2) Solar energy, (3) Bio energy, (4) Wind power, (5) Energy from the sea, (6) Hydrogen, (7) Other new renewable energy technologies and (8) New renewable s in the energy system of the future

''Social capitalism'' in renewable energy generation: China and California comparisons

International Nuclear Information System (INIS)

Clark, Woodrow W. II.; Li, Xing

2010-01-01

With a population of over 1.3 billion people, demand for renewable energy is expected to grow to a USD $12 billion market in the near term. Under Renewable Energy Law (REL) in February 2005 in the People's Republic of China (PRC) passed by the National Congress, renewable energy projects will be able to receive a range of financial incentives starting in 2006, which will more than double the PRC current renewable energy generation from 7% to 15% by 2020. Most of the increase will be in hydroelectric generated power. Nonetheless, the nation and especially the provinces are moving rapidly to develop a wide range of renewable energy generation including solar, wind, geothermal and run of the river. Because China practices ''social capitalism'' as expressed in it's recurrent Five Year National Plans since 1999, the national government and all the provinces have programs, unlike many western and industrialized nations, to ''plan'' and provide for infrastructures. This paper concerns only the energy infrastructure sector and renewable energy generation in particular. The planning process includes financial incentives and investments which are a major part of the Chinese law focused on ''encouraging foreign investment industries''. The key part of the law is to guarantee long-term power purchase agreements with state owned and controlled ''utilities''. In short, China may have gotten the economics of the energy sector correct in its concern for planning and finance. The paper develops these energy infrastructure ideas along with the legal and financial requirements as ''lessons'' learned from the USA and especially California. These lessons now apply to China and allow it to learn from the American mistakes. Empirical data will be drawn from work done in China that examine the renewable energy generation and infrastructures and hence allow the RPC and its Provinces to ''leap frog ''the mistakes of other developed nations. Further lessons will be learned from provinces and

Renewable energy in eastern Asia: Renewable energy policy review and comparative SWOT analysis for promoting renewable energy in Japan, South Korea, and Taiwan

International Nuclear Information System (INIS)

Chen, Wei-Ming; Kim, Hana; Yamaguchi, Hideka

2014-01-01

Japan, South Korea, and Taiwan are deficient of domestic fossil energy sources and depend significantly on imported fuels. Since the oil shock in the 1970s, all three countries have promoted renewable energy as an alternative energy source to improve energy security. Currently, renewable energy is being promoted to build low-carbon economies. This study reviews the development of renewable energy policies and roadmaps. It also examines and compares strengths, weaknesses, opportunities, and threats (SWOT) of these countries in the context of advancing renewable energy policies and technologies and expanding domestic renewable energy installations, as well as strategically positioning themselves in the international renewable energy market as exporters of clean energy technologies. Through the SWOT analysis, this paper identifies a capacity for additional renewable energy deployment in these countries and highlights the necessity of increased cooperation between the three countries to strengthen their domestic and regional renewable energy sectors and compete in the global renewable energy market in the post-Fukushima era. - Highlights: • Japan, South Korea and Taiwan need to develop renewable energy (RE). • These countries have been too conservative to achieve a notable share of RE. • Pro-nuclear energy policies have hindered the RE development in these countries. • The Fukushima disaster made these countries more favorable to RE. • Joint cooperation for R and D and deployment of RE is recommended

Mapping of renewable energies

International Nuclear Information System (INIS)

Boulanger, V.

2013-01-01

Germany is the champion of green energy in Europe: the contribution of renewable energies to electricity generation reached about 20% in 2011. This article describes the situation of renewable energies in Germany in 2011 with the help of 2 maps, the first one gives the installed electrical generation capacity for each region and for each renewable energy source (wind power, hydro-electricity, biomass, photovoltaic energy and biogas) and the second one details the total number of jobs (direct and indirect) for each renewable energy source and for each region. In 2011 about 372000 people worked in the renewable energy sector in Germany. (A.C.)

Financing the energy renovation of public buildings through Internal Contracting. Infinite Solutions Guidebook

International Nuclear Information System (INIS)

Schilken, Peter; Turner, Ian; Kuehnbach, Matthias; Simic, Ivan; Kuharic, Boris; Laranjeira, Celia; Rodrigues, Carlos; Couceiro, Carla; Presotto, Agnese; Mazzeschi, Alessandro; Cleto, Joao

2017-02-01

Meeting the European energy and climate policy objectives will require the mobilisation of substantial energy efficiency and renewable energy investments at the local level. Given both the substantial effort necessary to finance the energy transition and restricted municipal budgets, it is clear that these objectives cannot be met through traditional public financing such as grants or direct investment, but by finding a new approach to financing solutions. This Energy Cities guidebook is built upon a comprehensive analysis of Stuttgart's Internal Contracting scheme and a detailed questioning of it by the learning authorities within the INFINITE Solutions project. It is intended to offer guidelines to municipalities as well as universities, hospitals or other institutions interested in applying Internal Contracting to improve their energy consumption and efficiency performance. The approach of this guidebook is developed as follows: The concept of contracting - especially Internal Contracting - is introduced. Universal guidance is offered on how to implement an Internal Contracting scheme and keep it working over the long term. The Internal Contracting scheme is presented in practice. Several cities describe their individual approaches to Internal Contracting and the various ways they have been able to adapt the scheme

VT Renewable Energy Sites - Renewable Energy Professionals

Data.gov (United States)

Vermont Center for Geographic Information — (Link to Metadata) The Renewable Energy Atlas of Vermont and this dataset were created to assist town energy committees, the Clean Energy Development Fund and other...

Capitalization of renewable energy sources: Romanian case studies

International Nuclear Information System (INIS)

Voronca, Mihai-Marius; Cruceru, Mihai

2007-01-01

One of the major challenges of the recent integration of Romania in the European Union is the extension of use, at national scale, of Renewable Energy Sources (RES). Targeting private operators and municipalities, authors have as objective to deliver an investigation on the interesting 'Acquis' in financing and implementing RES projects in Romania. Using as method of investigation the accurate screening of their experience as well as the extended international experience in the field, authors have reviewed in the present paper different possibilities in RES investment financing, frequent obstacles and barriers, and ways for overcoming them. Recent results are motivating authors to consider the national experience of an encouraging success and to act towards the capitalization of such investments replication potential to a national and regional scale. (authors)

Save with Renewable Energy: A Technical Bulletin for Federal Renewable Energy Champions

Energy Technology Data Exchange (ETDEWEB)

2003-11-01

This eight-page publication, prepared in 2003 for the U.S. Department of Energy's Federal Energy Management Program by the DOE National Renewable Energy Laboratory, is an updated version of the former Save with Solar and Wind bulletin. Save with Renewable Energy provides up-to-date information about the progress that the government is making in achieving federal goals for renewable energy use; agencies have achieved about 60% of the current goal for 2005 of 1384 gigawatt-hours from renewable energy systems. This publication also describes current and planned federal projects featuring wind, solar, and geothermal systems in several different states.

Participatory financing for green growth

International Nuclear Information System (INIS)

Laville, Dorine; Phantharangsi, Maryvonne; Monnoyer-Smith, Laurence; Demeulenaere, Laurence; Lequeux, Typhaine; Cuny, Alicia

2017-01-01

As for the French Ministry of the Environment, participatory financing can be an innovating and mobilising tool to finance projects related to the energy and ecological transition, and as such a financing is promoted by the law on energy transition for a green growth, this publication presents this type of financing. It evokes its legal framework, its different forms (loan to companies, loan to individuals, gift, capital investment), its safe legal framework (definition of different types of status). It outlines how it can be a lever for energy and ecological transition even if green projects are difficult to quantify. It evokes the future introduction of a label, and the introduction of legal and regulatory measures to develop the renewable energy sector

Development of renewable energies in the building industry and in the industry in general; Developpement des energies renouvelable dans le batiment et l'industrie

Energy Technology Data Exchange (ETDEWEB)

NONE

2008-07-01

This third issue of the international DERBI conference has permitted to decipher the international actuality of renewable energies, to position the French national projects in this thriving context, and to discover the recent technological innovations. Californian companies were invited to this conference for a comparison of the policies in favor of renewable energy sources on both sides of the Atlantic ocean. This document gathers the transparencies presented at this conference and dealing with technologies, products, projects and realization in the following domains: solar cooling, biomass power plants, photovoltaic power plants and advances in photovoltaic engineering, solar thermal energy, thermodynamic solar power plants, architecture, renewable energies and the Eco-Building European project, biofuels, wood fuels, wind power and small wind power, geothermal energy. Presentations deal also with the financing of renewable energy projects, the competencies, employment and training, the numerical dimension, and the automation in the renewable energies domain. (J.S.)

RE-Shaping. Shaping an effective and efficient European renewable energy market. D23 Final Report

Energy Technology Data Exchange (ETDEWEB)

Rathmann, M.; Klessmann, C.; Nabe, C.; De Jager, D.; De Lovinfosse, I. [Ecofys, Utrecht (Netherlands); Ragwitz, M.; Steinhilber, S.; Breitschopf, B. [Fraunhofer Institute for Systems and Innovation Research ISI, Karlsruhe (Germany); Burgers, J.; Boots, M. [KEMA, Arnhem (Netherlands); Weoeres, B. [EnergoBanking, Budapest (Hungary); Resch, G.; Panzer, C.; Ortner, A.; Busch, S. [Vienna University of Technology, Institute of Energy Systems and Electric Drives, Energy Economics Group EEG, Vienna (Austria); Neuhoff, K.; Boyd, R. [Climate Policy Initiative, German Institute for Economic Research (DIW Berlin), Berlin (Germany); Junginger, M.; Hoefnagels, R. [Utrecht University, Utrecht (Netherlands); Cusumano, N.; Lorenzoni, A. [Bocconi University, Milan (Italy); Konstantinaviciute, I. [Lithuanian Energy Institute LEI, Kaunas (Lithuania)

2012-02-15

The core objective of the RE-Shaping project is to assist Member State governments in preparing for the implementation of Directive 2009/28/EC (on the promotion of the use of energy from renewable sources) and to guide a European policy for RES (renewable energy sources) in the mid- to long term. The past and present success of policies for renewable energies will be evaluated and recommendations derived to improve future RES support schemes. The core content of this collaborative research activity comprises: Developing a comprehensive policy background for RES support instruments; Providing the European Commission and Member States with scientifically based and statistically robust indicators to measure the success of currently implemented RES policies; Proposing innovative financing schemes for lower costs and better capital availability in RES financing; Initiation of National Policy Processes which attempt to stimulate debate and offer key stakeholders a meeting place to set and implement RES targets as well as options to improve the national policies fostering RES market penetration; Assessing options to coordinate or even gradually harmonize national RES policy approaches. This report marks the end of the research project RE-Shaping and summarizes its research activities, results, and recommendations.

How does the European Regional Development Fund finance energy efficiency and renewable investments in housing sector in Bulgaria, Poland and Romania?

International Nuclear Information System (INIS)

2009-11-01

The European Union (EU) is leading the global fight against climate change, and has made it a top priority. Its ambitious targets are spelt out in the EU Climate Action and Renewable Energy Package which commits Member States to curb their CO_2 emissions by at least 20% by 2020 through improved energy efficiency and use of renewable energy sources. The housing sector, responsible for 40% of the EU CO_2 emissions, represents a huge potential for energy and emissions savings. The policy at EU level is adopted and the facts are clear - we know in which sectors and how to act to achieve the common objectives. The EU even allocates some funds for EE/RES actions in housing sector, e.g. through the Cohesion policy. Since May 2009, all EU Member States can allocate 4% of their total ERDF allocations to energy efficiency measures in housing, in particular social housing. It would seem that all the conditions are favorable but the reality is different - EE/RES actions are still not the priority of the EU Member States and/or the European funds are rarely used for this type of actions. The case of three EU-12 countries - Bulgaria, Poland and Romania - proves that the Structural Funds available for improvement of housing and particularly social housing sector, are not fully used also for the following reasons: Housing and social housing are not the priorities or national budgets allocated to these sectors are not sufficient to co-finance projects supported by the Structural Funds: - In Romanian operational programs, (social) housing is mentioned very vaguely - eligible measures are not specified in details. - In Bulgaria, the priorities in the operational programs are well identified, however municipalities have difficulties to find even 5% co-financing for their EE/RES projects as national budget is not allocated to this type of measures. Administration of the Structural Funds and criteria of their use are complicated; national governments are lacking human capacities to

Financing energy projects in Africa

International Nuclear Information System (INIS)

Godier, Kevin; Marks, Jon

1999-12-01

Contains Executive Summary and Chapters on: Overview of financing trends in Africa; Multilateral support - Bedrock of Africa's first generation energy projects; ECA insurance and financing; Bilateral development finance; Offshore commercial bank lending; Local commercial bank finance; Capital markets; Legal ramifications ; Risk factors; Conclusions. (Author)

Renewable energy in Europe

International Nuclear Information System (INIS)

Deshaies, M.

2009-01-01

Europe's increasing demand for energy and its environmental preoccupations are creating a favourable environment for the development of renewable energy sources. This article stated that although many European countries have adopted voluntary policies since the 1990s to increase the use of renewable energy sources, they have not been developed in an equal or consistent manner. A table was included to show the consumption of renewable energies by country; the percentage of renewable energies in 1995 as compared to 2006; and the consumption of primary energy resources. Combined, Germany, Spain and Denmark produce 75 per cent of wind energy in Europe, while 75 per cent of Europe's hydroelectricity is produced in Norway, Sweden, France, Italy, Austria and Switzerland. Germany has also made significant contributions in developing biomass energy. The article emphasized that the development of renewable energy sources is limited by the fact that it cannot keep up with growing energy demands. In addition, renewable energies cannot yet replace all fossil fuel consumption in Europe because of the variation in development from one country to another. 1 ref., 2 tabs., 4 figs.

Talking Renewables; A renewable energy primer for everyone

Science.gov (United States)

Singh, Anirudh

2018-03-01

This book provides a clear and factual picture of the status of renewable energy and its capabilities today. The book covers all areas of renewable energy, starting from biomass energy and hydropower and proceeding to wind, solar and geothermal energy before ending with an overview of ocean energy. The book also explores how the technologies are being implemented today and takes a look at the future of renewable energy.

Story of a success: renewable energies

International Nuclear Information System (INIS)

Trittin, Juergen

2006-01-01

After having briefly outlined the importance of an actual protection of the environment when considering recent natural catastrophes (floods, hurricanes), the author notices that Germany is the first country in the world for the production of electric power from wind energy, and is about to overtake Japan in the field of photovoltaic energy. Then, he explains how Germany reached this leading position. The first research and development programmes started after the oil crisis of the 1970's. Then, the ecological movement emerged as a citizen movement in the 1980's and gave birth to a new party (Die Grunen, the Greens). As two thirds of German people refused the exploitation of nuclear energy, a new and modern policy of the environment emerged during the 1990's, Germany being then a leader in international negotiations on Agendas 21 and on the Kyoto protocol. This was followed by a law on renewable energies in 2000, and later the introduction of new programmes (notably for housing sanitation) and new instruments to finance them (ecotax). The author outlines that this policy of protection of the environment resulted in job creation and in investments. He comments efforts made by the Greens to promote investments in renewable energies, to develop clean transports, to give up oil through energy savings and improved performance for households and transports, and to ensure energy supply safety. It also appeared that this objective of giving up oil requires a world strategy, fairness at the world level, an opening of markets to competition, a new chemistry policy while still supporting an industrial policy

Exploration of the potential employment opportunities in the field of renewable energies in ''Wadi AL-ajal''

International Nuclear Information System (INIS)

Azzain, Gassem

2015-01-01

This inductive research is located within the theme of the management and development of renewable energy systems. In brief, It introduces the potential and ability of renewable energies available in “Wadi AL-ajal”, which is located south-west of Libya, in providing many job opportunities; in addition to power generation. Several proposed investment models in solar, wind and biomass energies in this paper show -via statistical approach- how to provide a variety of job opportunities according to investment activities proposed in the three mentioned fields of renewable energies. In conclusion, the paper confirms the availability of the earlier mentioned renewable energies in varying amounts and varying degrees, they are all able to create jobs and employment of advanced technology, which are necessary for any national program for sustainable development, with the support of economic stimuli that affect investment, such as; the market activation, human resources, and finance.(author)

Marine Renewable Energies

DEFF Research Database (Denmark)

Azzellino, Arianna; Conley, Daniel; Vicinanza, Diego

2013-01-01

Countries with coastlines may have valuable renewable energy resources in the form of tides, currents, waves, and offshorewind.The potential to gather energy from the sea has recently gained interest in several nations, so Marine Renewable Energy Installations (hereinafter MREIs) will likely become...

Energy Finance Data Warehouse Manual

Energy Technology Data Exchange (ETDEWEB)

Lee, Sangkeun [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Chinthavali, Supriya [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Shankar, Mallikarjun [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Zeng, Claire [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Hendrickson, Stephen [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

2016-11-30

The Office of Energy Policy and Systems Analysis s finance team (EPSA-50) requires a suite of automated applications that can extract specific data from a flexible data warehouse (where datasets characterizing energy-related finance, economics and markets are maintained and integrated), perform relevant operations and creatively visualize them to provide a better understanding of what policy options affect various operators/sectors of the electricity system. In addition, the underlying data warehouse should be structured in the most effective and efficient way so that it can become increasingly valuable over time. This report describes the Energy Finance Data Warehouse (EFDW) framework that has been developed to accomplish the defined requirement above. We also specifically dive into the Sankey generator use-case scenario to explain the components of the EFDW framework and their roles. An excel-based data warehouse was used in the creation of the energy finance Sankey diagram and other detailed data finance visualizations to support energy policy analysis. The framework also captures the methodology, calculations and estimations analysts used for the calculation as well as relevant sources so newer analysts can build on work done previously.

Potential Sources for Financing Environmental Protection Projects – Focusing on Energy Efficiency

Directory of Open Access Journals (Sweden)

Milan Počuča

2015-05-01

Full Text Available This paper elaborates financial mechanisms for financing energy efficiency with particular emphasis on the resources from financial institutions and equity funds and capital from the companies themselves. By conducting relevant academic research of literature and data from print and electronic sources (statistical reports, laws and regulations, statements of companies and financial institutions, as well as from the practical experience of some countries, it has been observed that the poor representation of adapted financial mechanisms is a major constraint to the emergence of a culture of energy efficiency in most countries, including Serbia. Even where they exist they are not necessarily known to make use of successful experiences. By conducting an analysis of the relevant academic literature and an analysis of practical experiences in the domain of energy efficiency and renewable energy sources it was concluded that energy efficiency is a significant potential for growth of the economic strength of Serbia, and therefore incentives should nfluence a greater use of renewable energy and a reduction in use of the fossil fuels as an energy source.

To finance the transition

International Nuclear Information System (INIS)

Regnier, Yannick; Maciel, Guillaume; Zeroual, Bouchra; Leca, Christel; Guillou, Maelle; Mossalgue, Marc; Raguet, Alex; Sabot, Guillaume; Coton, Patrice; Olesen, Gunnar Boye; Friggens, Sam; Pouyet, Regis; Blanc, Nicolas; Laurent, Pierre; Ruedinger, Andreas

2013-01-01

A set of brief articles illustrates the emergence of innovating and operational financing tools aimed at supporting energy transition in France and in Europe. As far as France is concerned, different examples are evoked: raising local savings, crowd-funding for renewable energies, citizen investment, cooperation between industries, communities and citizens, a semi-public company with citizen participation, the case of the Nancy urban community, a joint experience by a local public company and an investment fund. As far as Europe is concerned, the following topics or examples are evoked: local policies as lever for European financing, the Danish example of citizen-based financing, crowd-funding in the UK, the European emergence of cooperatives. As far as banks and institutions are concerned, the following topics are addressed: tools implemented by the Caisse des Depots for energy transition, the roles of banks and of public institutions in the financing of energy transition

Damn renewable energies

International Nuclear Information System (INIS)

Gay, Michel

2017-01-01

In this book, the author describes how renewable energies have been developed in a way he considers as scandalous, whereas they are a technical, financial and ecological dead end. He also explains how ecologists (notably the ADEME) manipulate figures to make believe that these energies could be an answer to the needs of France, of Europe and of humanity. In a first chapter, he criticises the influence of a so-called green ideology on the design of energy transition. In the second one, he denounces twelve tales about energy transition. In the next chapters, he denounces the sham of renewable energies, and finally tells some unfortunate renewable experiments

2015 Renewable Energy Data Book

Energy Technology Data Exchange (ETDEWEB)

Beiter, Philipp [National Renewable Energy Lab. (NREL), Golden, CO (United States); Tian, Tian [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2016-11-01

The Renewable Energy Data Book for 2015 provides facts and figures on energy and electricity use, renewable electricity in the United States, global renewable energy development, wind power, solar power, geothermal power, biopower, hydropower, marine and hydrokinetic power, hydrogen, renewable fuels, and clean energy investment.

2015 Renewable Energy Data Book

Energy Technology Data Exchange (ETDEWEB)

Beiter, Philipp; Tian, Tian

2016-11-01

The 2015 Renewable Energy Data Book provides facts and figures on energy and electricity use, renewable electricity in the United States, global renewable energy development, wind power, solar power, geothermal power, biopower, hydropower, marine and hydrokinetic power, hydrogen, renewable fuels, and clean energy investment.

2014 Renewable Energy Data Book

Energy Technology Data Exchange (ETDEWEB)

Beiter, Philipp

2015-11-01

The Renewable Energy Data Book for 2014 provides facts and figures on energy and electricity use, renewable electricity in the United States, global renewable energy development, wind power, solar power, geothermal power, biopower, hydropower, marine and hydrokinetic power, hydrogen, renewable fuels, and clean energy investment.

2016 Renewable Energy Data Book

Energy Technology Data Exchange (ETDEWEB)

2017-12-29

The 2016 Renewable Energy Data Book provides facts and figures on energy and electricity use, renewable electricity in the United States, global renewable energy development, wind power, solar power, geothermal power, biopower, hydropower, marine and hydrokinetic power, hydrogen, renewable fuels, and clean energy investment.

Prospects for renewable energy in South Africa. Mobilizing the private sector

Energy Technology Data Exchange (ETDEWEB)

Pegels, Anna

2009-07-01

the investment security the REFIT scheme was intended to give renewable energy producers. As a result, effective achievement on the ground continues to fall well short of the goals set in policy papers. While external financing, covering the additional costs for capacity-building and such policy measures as the REFIT, may be one part of the solution, the political will to reform the existing power structures in the electricity sector and to invest in the creation of a renewable energy market must form the other part. (orig.)

PUEBLO OF ZIA RENEWABLE ENERGY DEVELOPMENT FEASIBILITY STUDY

Energy Technology Data Exchange (ETDEWEB)

Pino, Peter M. [Tribal Administrator (Ret.), Pueblo of Zia; Lakshman, Jai [Project Manager (NDA) for Pueblo of Zia; Toole, G. Loren [Principal Investigator, Los Alamos National Laboratory - Energy Analysis Team/ CCS-3, D-4; Hand, Dan [P.E., Sustainable Enginerring; Witcher, James; Emerson, Michael A. [Senior V.P., ARES Corporation; Turner, Jeremy [Executive Director, NM Renewable Energy Transmission Authority; Sandidge, Wendy [Director of Operations, NM Community Capital

2014-06-30

the most suitable renewable technologies for tribal energy consumption and needs. Also, key impacts on cultural and social values of Zia Pueblo will be addressed. Selected most favorable uses and technologies will be further investigated to determine initial feasibility and market for business development for up to six sites located on tribal land. The anticipated result will be the recommended development of sites that have sufficient background study completed to warrant a business plan, detailed engineering feasibility, and acquisition of project financing. Valuable technical and economic information will accrue from this study that may be applied to scale up or down the various power technology potential on Zia Pueblo for maximum benefit and best area(s) of application, project phasing and potential for future replicability and expansion.

What drives renewable energy development?

International Nuclear Information System (INIS)

Alagappan, L.; Orans, R.; Woo, C.K.

2011-01-01

This viewpoint reviews renewable energy development in 14 markets that differ in market structure (restructured vs. not restructured), use of feed-in-tariff (FIT) (yes vs. no), transmission planning (anticipatory vs. reactive), and transmission interconnection cost allocated to a renewable generator (high vs. low). We find that market restructuring is not a primary driver of renewable energy development. Renewable generation has the highest percent of total installed capacity in markets that use a FIT, employ anticipatory transmission planning, and have loads or end-users paying for most, if not all, of the transmission interconnection costs. In contrast, renewable developers have been less successful in markets that do not use a FIT, employ reactive transmission planning, and have generators paying for most, if not all, of the transmission interconnection costs. While these policies can lead to higher penetration of renewable energy in the short run, their high cost to ratepayers can threaten the economic sustainability of renewable energy in the long-run. - Highlights: → Market structure seems to have little effect on renewable energy development. → Renewable energy development is more successful in markets that use a FIT. → Anticipatory transmission planning aids renewable energy development. → Low interconnection costs for developers also aids renewable energy development.

Renewable energy education in Turkey

Energy Technology Data Exchange (ETDEWEB)

Acikgoz, Caglayan [Department of Chemical and Process Engineering, Faculty of Engineering, Bilecik University, P.O.11030, Bilecik (Turkey)

2011-02-15

Utilization of renewable energy sources and the application of environmentally sound energy technologies are essential to sustainable development and will help to secure the quality of living and the well-being of the future generations. Turkey presently has considerable renewable energy sources. The most important renewable sources are hydropower, wind, solar, geothermal, and biomass. The use of renewable energy as a topic to study energy and its forms permits a novel way to motivate students, particularly those who energy topics taking conscience with the environment. This paper presents the analysis and classification of renewable energy sources and how to find out their origin and a way to motivate students in energy topics related to renewable sources and also, the development of didactic competencies in special blended learning arrangements for educationalists, trainers and lecturers in adult education in the field of renewable energies in Turkey. (author)

Associations - Communities - Residents. Building together a citizen-based project of renewable energies - Methodological guide

International Nuclear Information System (INIS)

Ramard, Dominique; Fleury, Laurianne; Peyret, Albert; Ghesquiere, Christine; Kauber, Markus; Jourdain, Pierre

2012-11-01

This guide first outlines the challenges and stakes of citizen-based renewable energies: example of a necessary energy transition in Brittany, interest of a local production of renewable energies, examples in other European countries, and emergence of a citizen-based energy movement in France. The second part presents the four main phases of such a project (diagnosis, development, construction, and exploitation), the main issues to be addressed, and the main steps of a citizen-based renewable energy project (technical, legal and financial, and citizen-related aspects during the different phases). The third part describes how to elaborate a citizen-based project: by addressing the project dimensions, by defining a legal specification, by performing a provisional business model, by choosing an appropriate legal structure, by creating a project company, and by mobilizing local actors). The last part addresses how to finance the project: by building up own funds, by asking banks for support, and by citizen participation to investment

A Mechanism for Using Renewable Energy Applications in Remote Areas

Directory of Open Access Journals (Sweden)

Safwat Abdel Fattah Seleem

2015-08-01

Full Text Available Currently our world is facing the challenge of natural resources depletion, specifically, the depletion of fossil fuel resources. Accordingly, the implementation of the sustainable energy sources is no longer a luxury, but a key issue for survival. Egypt is one of the most fortunate locations when it comes to renewable energies such as wind and solar but implementation remains lacking.  This paper addresses this matter by offering simple applicable solutions for remote areas such as Al-Wadi Al-Jadid and Sinai. The idea is based on creating a self-sustaining simple closed system that can be replicated in different settlements which offers prosperity for the local communities. The proposed system will be designed  to  address  the  technical,  financial  and  social  barriers  that  prevent  renewable energies from becoming widespread in Egypt. Such a system would consist of financial institutions, suppliers, local technical capacity building, and local awareness raising and education. In addition, using the fly ash material in concrete structures aims to save energy, to reduce using of cement as the fly ash replace about of 25 % of cement quantity. Accordingly the use of fly ash material leads to reducing the emission of CO2 coming from the factories of cement. Simply, in order for renewable energy to spread, the community as a whole must benefit, private individuals must benefit by being able to make a living out of renewable energy, and the structures for finance must be available.

Renewable energy in Switzerland - Potential of waste-water treatment plants, waste-incineration plants and drinking water supply systems - Strategical decisions in politics

International Nuclear Information System (INIS)

Kernen, M.

2006-01-01

This article discusses how waste-water treatment plants, waste-incineration plants and drinking water supply systems make an important contribution to the production of renewable energy in Switzerland. Financing by the 'Climate-Cent' programme, which finances projects involving the use of renewable energy, is discussed. Figures are quoted on the electrical energy produced in waste-water treatment plants, waste-incineration plants and combined heat and power generation plant. Eco-balances of the various systems are discussed. Political efforts being made in Switzerland, including the 'Climate Cent', are looked at and promotion provided by new energy legislation is discussed. Eco-power and the processing of sewage gas to meet natural gas quality standards are discussed, as are energy analysis, co-operation between various research institutions and external costs

Renewable energy in Taiwan

International Nuclear Information System (INIS)

Chen, Falin; Lu, Shyi-Min; Wang, Eric; Tseng, Kuo-Tung

2010-01-01

With limited indigenous conventional energy resources, Taiwan imports over 99% of its energy supply from foreign countries, mostly from the Middle East. Developing independent renewable energy resources is thus of priority concern for the Taiwanese government. A medium subtropical island surrounded by the Pacific Ocean, Taiwan has enormous potential to develop various renewable energies, such as solar energy, biomass energy, wind power, geothermal energy, hydropower, etc. However, owing to the importance of conventional fossil energy in generating exceptionally cheap electricity, renewable energy has not yet fully developed in Taiwan, resulting from a lack of market competition. Consequently, numerous promotional and subsidy programs have recently been proclaimed by the Taiwanese government, focused on the development of various renewables. This study reviews the achievements, polices and future plans in this area. (author)

Renewable energy in Taiwan

Energy Technology Data Exchange (ETDEWEB)

Chen, Falin; Lu, Shyi-Min; Wang, Eric; Tseng, Kuo-Tung [Institute of Applied Mechanics, National Taiwan University, Taipei 10617 (China)

2010-09-15

With limited indigenous conventional energy resources, Taiwan imports over 99% of its energy supply from foreign countries, mostly from the Middle East. Developing independent renewable energy resources is thus of priority concern for the Taiwanese government. A medium subtropical island surrounded by the Pacific Ocean, Taiwan has enormous potential to develop various renewable energies, such as solar energy, biomass energy, wind power, geothermal energy, hydropower, etc. However, owing to the importance of conventional fossil energy in generating exceptionally cheap electricity, renewable energy has not yet fully developed in Taiwan, resulting from a lack of market competition. Consequently, numerous promotional and subsidy programs have recently been proclaimed by the Taiwanese government, focused on the development of various renewables. This study reviews the achievements, polices and future plans in this area. (author)

Energy Mix between Renewable Energy and Nuclear Energy

Directory of Open Access Journals (Sweden)

Yousry E. M. Abushady

2015-08-01

Full Text Available  Energy is the backbone of any development in any State. Renewable Energy (wind, solar and biomass appears currently as a major strategic energy source for a sustainable development particularly for developing or under developing societies. Use of renewable Energy will challenge major technological changes, by achieving energy production and saving. In particular by replacing fossil fuel, a significant cut of environmental impact and green house gas emission (GHG could be achieved. In addition Renewable Energy could offer a sustainable development for different societies particularly those in rural area (e.g. desert or isolated islands. The significant technical renewable energy tool developments in developed States could be much easier to be transferred to or copied in developing States .

Renewable Energy Technology

Science.gov (United States)

Daugherty, Michael K.; Carter, Vinson R.

2010-01-01

In many ways the field of renewable energy technology is being introduced to a society that has little knowledge or background with anything beyond traditional exhaustible forms of energy and power. Dotson (2009) noted that the real challenge is to inform and educate the citizenry of the renewable energy potential through the development of…

The state of renewable energies in Europe. Edition 2014 - 14. EurObserv'ER Report

International Nuclear Information System (INIS)

Berrutto, Vincent; ); Chabrillat, Remi; Seigneur, Vincent Jacques le; Augereau, Laurence; David, Romain

2015-01-01

This publication provides a complete overview of ten renewable energy sectors, supplemented by two notes on concentrated solar power and ocean energy. Additionally, for the fifth year running, the EurObserv'ER consortium members have published their annual renewable energy share estimates of overall final energy consumption for each Member State of the European Union. This issue also provides with the importance of the sectors in terms of employment and turnover. For the second time, a chapter dedicated to investment in RES sectors in Europe shows how the sectors are making their way through the economic crisis. And finally, selected case studies show what new business models are emerging for the financing of RES projects

Using the renewable energy sources in the market conditions

International Nuclear Information System (INIS)

Kozlov, V.B.

2000-01-01

Raper studies the peculiarities of financing of projects for the renewable energy sources (RES) in cooperation with the Kyoto protocol as to the regulating principles of purchase (sale) of quotas for greenhouse gas release. The records of the results obtained in the West European countries and USA as to payment of green electricity generated on the basis of RES application is analyzed. Preliminary estimation of cost ratio of quotas for releases of greenhouse gases for conventional power plants and RES based ones is presented [ru

Towards cities with 100 per cent of renewable energies and consumption management. Issues for reflection and action

International Nuclear Information System (INIS)

Bringault, Anne; Eisermann, Miriam; Lacassagne, Sylvie

2016-09-01

After having outlined challenges faced by cities and local communities regarding energy transition and the development of renewable energies, and recalled that 700 mayors have signed a commitment in Paris to reach 100 per cent of renewable energies by 2050, this report presents five recommended approaches: to integrate this objective of 100 per cent of renewable energies into wider challenges, to implement cooperation with surrounding rural territories, to highlight successes with actual projects, to invent new modes of commitment of actors within a territory, and to gather human resources for success. These main approaches are lessons learned from the analysis of five remarkable local policies which are then presented: Barcelona (towards self-sufficiency by 2050), Frankfurt (a German pioneer with a 100 per cent renewable road map), Frederikshavn (the objective of a new electricity system), Geneva (on the way to 100 per cent renewable for public buildings), and Malmoe (an industrial capital which became a renewable capital). The report then proposes five sheets with examples of achievements and projects in France which illustrate ways toward 100 per cent of renewable energies through different themes: prospective, urban-rural relationship, financing and investment, participation of local actors, and smart cities

Promoting renewable energy technologies

International Nuclear Information System (INIS)

Grenaa Jensen, S.

2004-06-01

Technologies using renewable energy sources are receiving increasing interest from both public authorities and power producing companies, mainly because of the environmental advantages they procure in comparison with conventional energy sources. These technologies can be substitution for conventional energy sources and limit damage to the environment. Furthermore, several of the renewable energy technologies satisfy an increasing political goal of self-sufficiency within energy production. The subject of this thesis is promotion of renewable technologies. The primary goal is to increase understanding on how technological development takes place, and establish a theoretical framework that can assist in the construction of policy strategies including instruments for promotion of renewable energy technologies. Technological development is analysed by through quantitative and qualitative methods. (BA)

Priority to renewable energies - on the amendment to the renewable energies act

International Nuclear Information System (INIS)

Heller, W.

2003-01-01

The Federal Ministry for the Environment, which has been the competent authority for renewable energies since the 2002 federal election, has presented draft legislation on the accelerated development of renewable energies in the electricity sector. This is to reduce, through internalization, the costs to the national economy arising from power supply, to conserve nature and the environment, avoid conflicts over fossil energy resources, and promote the advanced development of renewable energy technologies. Emphasis is put solely on protection of the climate and of the environment. The way towards sustainable energy supply by taking into account ecological, economic and social aspects is abandoned. The funding rates laid down in legislation are not going to offer major incentives for further plant improvement by technological development. The quantitative goals of this draft legislation onesidedly aimed at electricity production are doubtful. Renewable energies are hardly the right way to replace nuclear power plants operated in the baseload mode. What is missing in the draft legislation, though it would be urgently needed, is a clear time limit on the eligibility of renewable energy plants for subsidizing, as this would counteract the impression of permanent subsidizing. (orig.)

Renewable Energy Certificates (RECs)

Science.gov (United States)

Renewable Energy Certificates (RECs), are tradable, non-tangible energy commodities in the United States that represent proof that 1 megawatt-hour (MWh) of electricity was generated from an eligible renewable energy resource.

Renewable energy policies in promoting financing and investment among the East Asia Summit countries: Quantitative assessment and policy implications

International Nuclear Information System (INIS)

Chang, Youngho; Fang, Zheng; Li, Yanfei

2016-01-01

Many countries have implemented various policies for renewable energy development ranging from setting power purchase agreements and the legislation of renewable energy requirements to providing incentives and imposing carbon taxes. The evaluation of the effectiveness of such policies, however, is fragmented, which raises a need for a comprehensive analysis. This paper aims to assess whether and how policies promoting renewable energy investment have achieved the intended goals. It employs five broadly defined criteria - market, uncertainty, profitability, technology, and financial resources - to build an index to assess respectively if such policies have helped create a market for renewable energy, maximize potential profits, reduce risks relating to the investment, develop and adopt new technologies, and improve the access to financial resources. Each criterion is reflected by three indicators. Values of each indicator are converted into ordinal values for analysis. The index not only scans comprehensively all relevant renewable energy investment policies in the East Asia Summit countries, but also provides systematic and quantitative measures to compare the effectiveness of policies in these countries with respect to the creation of market, the degree of uncertainty, the potential of profitability, the development and adoption of technology and the accessibility of financial resources. - Highlights: •This paper evaluate renewable energy policies in 16 East Asia Summit countries. •Five criteria are used to build the quantitative index. •They are market, profitability, legislation, technology, and financial resources. •Policy implications are drawn based on the index.

Renewable energies - Alain Chardon

International Nuclear Information System (INIS)

Anon.

2012-01-01

In an interview, the chairman of Cleantechs and Decarbonate, Capgemini Consulting, comments the challenge of the struggle against global warming, discusses the role of gas on the way towards a de-carbonated economy, the cost of renewable energies compared to that of fossil and nuclear energies. He outlines other brakes upon the development of renewable energies, discusses the political issues and the challenge of meeting European objectives with respect with the share of renewable energies in the energy mix and the electricity mix by 2020

Renewable energies: public policy challenges

International Nuclear Information System (INIS)

Grazi, Laure; Souletie, Arthur

2016-03-01

Renewable energy sources (RES) are low-carbon energies available right within our borders, and as such can be of great value in addressing the challenges of climate change and energy security. In 2014, renewable energies accounted for 14.6% of France's gross final energy consumption. The French Energy Transition Act for Green Growth sets renewables targets of 23% and 32% as a share of gross final energy consumption by 2020 and 2030, respectively. However, renewable energies are still more costly than conventional energies. A significant share of this additional cost is borne by energy consumers, particularly in the form of energy taxation and biofuels blending obligations. Public aid is also provided to support heat production from renewable energy sources (RES-H). The two most significant aids available today are the Energy Transition Tax Credit (CITE) and the Heat Fund. Comparing the various types of renewable energies shows sharp disparities in terms of the cost of avoiding one tonne of CO 2 , which ranges from euros 59 to more than euros 500 for electricity production it follows that the cost of the energy transition is likely to vary significantly depending on which renewable energy sources are pushed to the fore. The combustion of biomass for heat production appears to offer an economically efficient way to reduce CO 2 emissions. Of the various renewable technologies available for the production of electricity (with the exception of hydropower, which was excluded from the scope of this study), onshore wind power is the least costly

The renewable energies; Les energies renouvelables

Energy Technology Data Exchange (ETDEWEB)

NONE

2004-07-01

The renewable energies are everywhere but also irregular. Thus they need savings in our energy consumptions. This document provides information, such as economics, capacity and implementation, on the following renewable energies: the wind power, the solar energy, the photovoltaic energy, the biogas, the geothermal energy, the hydroelectricity, the wood. It also presents a state of the art and examples of bio-climatic architecture. (A.L.B.)

The local investment in renewable energies; L'investissement local dans les energies renouvelables

Energy Technology Data Exchange (ETDEWEB)

Poussard, E.; Quantin, J.; Grepmeier, K.; Larsen, J.; Manolakaki, E.; Twele, J

2003-07-01

These proceedings present some European testimonies about the advantage of local investment, illustrated with concrete cases taken in Germany, Denmark and Switzerland. They demonstrate that local investment in renewable energy sources is a reality and that this practice has indisputably contributed to their significant development in some countries of the European Union. The sustain of foreign banks to the financing of renewable energy sources is at the evidence an example to follow up in countries like France, Greece or Spain. Important efforts have to be made to simplify and encourage the implementation of projects, in particular from the administrative point of view. Beyond the financial aspects, the colloquium has shown that these practices of citizenship involvement represent an important factor of social adaptation and acceptation. The projects, gathering local actors but also the overall citizens through common investment funds, ensure a better territorial anchoring and a sustain to local and sustainable development. This document has been published with the support of the European Commission and ADEME (French Agency for Environment and Energy Management). (J.S.)

Renewable energy outlook in Iran and World's energy structure

International Nuclear Information System (INIS)

Azarm, D.; Adl, M.

2001-01-01

Limited fossil fuel resources and environmental impact of energy production technologies causing Global Warming have encouraged wide spread used of renewable energies. This article reviews the characteristics of renewable energy sources as well as their status within IR of Iran and pro-countries. According to the mentioned Information and Status, currently 22% of world electricity is produced through conversion of various renewable energies and expected to grow even further. This trend has been a main factor in reduction of end-used renewable energy prices. Consideration of social and environmental costs of fossil fuel use will help to reveal compatibility of renewable energies. Utilization of renewable energy potentials apart from proven environmental advantages and job creation effects may conserve country's conventional fossil fuel resources. In general, growth of renewable energy in a country is direct result of existing energy policies with respect to increasing the share of clean energies in the energy basket. Nevertheless in Iran yearly demand hikes for energy and considering the fact the fossil fuel reservoirs are limited, utilization of renewable energy potentials is inevitable

2010 Renewable Energy Data Book (Book)

Energy Technology Data Exchange (ETDEWEB)

Gelman, R.

2011-10-01

This Renewable Energy Data Book for 2010 provides facts and figures on energy in general, renewable electricity in the United States, global renewable energy development, wind power, solar energy, geothermal power, biopower, hydropower, advanced water power, hydrogen, renewable fuels, and clean energy investments.

2011 Renewable Energy Data Book (Book)

Energy Technology Data Exchange (ETDEWEB)

Gelman, R.

2012-10-01

This Renewable Energy Data Book for 2011 provides facts and figures on energy in general, renewable electricity in the United States, global renewable energy development, wind power, solar energy, geothermal power, biopower, hydropower, advanced water power, hydrogen, renewable fuels, and clean energy investments.

The sustainable management of renewable energy sources installations: legal aspects of their environmental impact in small Greek islands

International Nuclear Information System (INIS)

Maria, Efpraxia; Tsoutsos, Theocharis

2004-01-01

Nowadays, an attractive legislative and financing framework has been established in Greece for the development of renewable energy sources. This has resulted in a strong increase of investors' interest, especially in the islands, mainly due to their high renewable energy potential all year round. However, the typical characteristics of the small Greek island, which constitute sensitive ecosystems with unique attributes of a natural and cultural heritage, impose a limitation on the development of energy generation plants using renewables. In order to adopt the principles of sustainable development of these island regions, the application of the proportionality principle in relation to other general principles of environmental law is proposed as a suitable legislative tool for resolution of the foreseeable conflicts

Renewable energy resources in Mali : potential and options for a sustainable development

Energy Technology Data Exchange (ETDEWEB)

Diarra, D.C. [Queen' s Univ., Kingston, ON (Canada). Dept. of Mechanical and Materials Engineering Solar Calorimetry Lab; Dembele, P. [Mali-Folkecenter, Faladie SEMA, Bamako (Mali)

2006-07-01

With a population of approximately 12 million, the per capita energy consumption of Mali is 228 Kilo tons of oil equivalent per inhabitant per year. Household energy consumption accounts for nearly 86 per cent of the total energy consumed with almost 99 per cent coming from wood energy. Energy consumption in the transportation, industrial and agricultural sectors is 10, 3, and 1 per cent respectively. The energy sector in Mali is characterized by the over-exploitation of forestry resources, dependence on imported oil and an under-exploitation of potential renewable energy resources such as solar, wind and biomass. The supply of solar energy is inexhaustible as the country receives almost 12 hours of sunshine with an average daily insolation of 5-7 KWh/m{sup 2}/day. Applications of photovoltaic (PV) technology in Mali concerns the basic needs of the population such as water pumping, lighting, battery charging and refrigeration. In 1994, the Mali government gave preferential fiscal policy on all solar equipment in order to encourage the wide spread use of solar energy, but technical constraints such as low efficiency, appropriate technology transfer methods, and sustainable financing mechanisms remain to be addressed. This paper described several programs that have been initiated to promote the use of renewable energy, protect the fragile environment threatened by the Sahara Desert and to provide access to drinking water. These achievements however, have not yet guaranteed energy sustainability, particularly in rural areas. It was recommended that efforts should be made to strengthen the renewable energy sector, correct inadequacies, introduce a sustainable renewable energy technology transfer process, and consolidate knowledge and experiences to focus on low cost renewable energy technologies. It was suggested that a natural resource map of the country should be made available in order allow for comparative cost and technology sustainability analysis before deciding

A credit line appropriated for energy efficiency and renewable energy sources in Bulgaria

International Nuclear Information System (INIS)

Iliev, I.

2008-01-01

The credit line was developed by the European Bank for Reconstruction and Development (EBRD) in co-operation with the Bulgarian government. In this financial project several bulgarian banks are involved. The purpose of this project is to support mainly the private enterprises in the sector of energy efficiency and renewable energy sources. The main steps of the applying process are discussed and useful practical information is given. In Bulgaria till now 125 projects are successful financed with total amount about 72 million Euro. The projects will generate annually more than 457 000 MWh electric power and 615 285 MWh thermal power, as well as an annual reduction of about 494 200 t CO 2 emissions is expected

Developing common information elements for renewable energy systems: summary and proceedings of the SERI/AID workshop

Energy Technology Data Exchange (ETDEWEB)

Ashworth, J.H.; Neuendorffer, J.W.

1980-06-01

This report describes the activities, conclusions, and recommendations of the Workshop on Evaluation Systems for Renewable Energy Systems sponsored by the Agency for International Development and SERI, held 20-22 February 1980 in Golden, Colorado. The primary objectives of the workshop was to explore whether it was possible to establish common information elements that would describe the operation and impact of renewable energy projects in developing countries. The workshop provided a forum for development program managers to discuss the information they would like to receive about renewable energy projects and to determine whether common data could be agreed on to facilitate information exchange among development organizations. Such information could be shared among institutions and used to make informed judyments on the economic, technical, and social feasibility of the technologies. Because developing countries and foreign assistance agencies will be financing an increasing number of renewable energy projects, these organizations need information on the field experience of renewable energy technologies. The report describes the substance of the workshop discussions and includes the papers presented on information systems and technology evaluation and provides lists of important information elements generated by both the plenary sessions and the small working groups.

The renewable energy market in Australia

International Nuclear Information System (INIS)

2002-01-01

Australia is committed to an 8 per cent reduction in its emissions of greenhouse gases above 1990 levels as a result of the Kyoto Protocol for the period 2008-2012. At present, the emissions stand at 17.4 per cent above 1990 levels. Total electrical power in Australia resulting from renewable energy is in the order of 10.5 per cent. A mandatory renewable energy target of 9500 gigawatt hour (GWh) of extra renewable energy is to be produced annually by 2010, under the Renewable Energy (Electricity) Act. An emissions trading system has been implemented, involving one renewable energy certificate (REC) created for each megawatt hour of renewable energy generated. A significant expansion of the demand for renewable energy is expected in Australia over the next ten years, according to the Australian Greenhouse Office. Increased opportunities for local and international firms operating in the field of renewable energy are being created by the Australian government through initiatives such as the Renewable Energy Commercialization Program, and the Renewable Remote Power Generation Program. Solar, biomass, and wind power are comprised in the wealth of renewable energy resources in Australia. The market remains largely undeveloped. Firms from the United States and the European Union are the leading exporters of renewable energy technology to Australia. Public utilities and independent power producers having entered the deregulated electricity market are the consumers of renewable energy technology and services. A country with minimal duties in most cases, Australia has much in common with Canada, including similar regulatory and legal systems. Australia applies a 10 per cent goods and services tax, which would apply to Canadian exports. It was advised to consult the Australian Customs Service for additional information concerning duties that might be applicable to the renewable energy industry. 28 refs., 3 tabs

Renewables in Global Energy Supply

Energy Technology Data Exchange (ETDEWEB)

NONE

2007-07-01

Renewable energies are essential contributors to the energy supply portfolio as they contribute to world energy supply security, reducing dependency on fossil fuel resources, and provide opportunities for mitigating greenhouse gases. Differences in definition and lack of adequate data complicated the discussion between participants on these key issues. The International Energy Agency believes that this fact sheet can be of use to all to facilitate the debate on the past, current and future place and role of renewables in total energy supply. Our goal is to present as objectively as possible the main elements of the current renewables energy situation. The definitions and coverage of national statistics vary between countries and organisations. In this fact sheet, the renewables definition includes combustible renewables and waste (CRW), hydro, geothermal, solar, wind, tide and wave energy.

Indicators assessing the performance of renewable energy support policies in 27 Member States. D17 Report

Energy Technology Data Exchange (ETDEWEB)

Steinhilber, S.; Ragwitz, M. [Fraunhofer Institute for Systems and Innovation Research ISI, Karlsruhe (Germany); Rathmann, M.; Klessmann, C.; Noothout, P. [Ecofys, Utrecht (Netherlands)

2011-10-15

The core objective of the RE-Shaping project is to assist Member State governments in preparing for the implementation of Directive 2009/28/EC (on the promotion of the use of energy from renewable sources) and to guide a European policy for RES (renewable energy sources) in the mid- to long term. The past and present success of policies for renewable energies will be evaluated and recommendations derived to improve future RES support schemes. The core content of this collaborative research activity comprises: Developing a comprehensive policy background for RES support instruments; Providing the European Commission and Member States with scientifically based and statistically robust indicators to measure the success of currently implemented RES policies; Proposing innovative financing schemes for lower costs and better capital availability in RES financing; Initiation of National Policy Processes which attempt to stimulate debate and offer key stakeholders a meeting place to set and implement RES targets as well as options to improve the national policies fostering RES market penetration; Assessing options to coordinate or even gradually harmonize national RES policy approaches. It is the objective of this report to assess the performance of Member States in promoting renewable energy technologies (RET) that has been achieved during recent years. The report was originally published in late 2010 and has now been updated using the latest available data. The focus shall be on the following aspects: Monitoring the historic success of RET-support with quantitative indicators; Extension of existing Policy Effectiveness Indicator and economic indicators; New: Deployment Status Indicator and Electricity Market Preparedness indicator; followed by Conclusions and recommendations.

Financing emerging energies

International Nuclear Information System (INIS)

Row, J.

2006-01-01

This paper discusses the financing of emerging energies in Canada. Transforming energy markets will involve billions of dollars of investment from businesses and residents. Many different types of return on investment can be expected. These benefits will continue to grow over time and provide a permanent i ncome

2013 Renewable Energy Data Book (Book)

Energy Technology Data Exchange (ETDEWEB)

Esterly, S.

2014-12-01

This Renewable Energy Data Book for 2013 provides facts and figures on energy in general, renewable electricity in the United States, global renewable energy development, wind power, solar power, geothermal power, biopower, hydropower, advanced water power, hydrogen, renewable fuels, and clean energy investment.

Renewable energy systems a smart energy systems approach to the choice and modeling of 100% renewable solutions

CERN Document Server

Lund, Henrik

2014-01-01

In this new edition of Renewable Energy Systems, globally recognized renewable energy researcher and professor, Henrik Lund, sets forth a straightforward, comprehensive methodology for comparing different energy systems' abilities to integrate fluctuating and intermittent renewable energy sources. The book does this by presenting an energy system analysis methodology and offering a freely available accompanying software tool, EnergyPLAN, which automates and simplifies the calculations supporting such a detailed comparative analysis. The book provides the results of more than fifteen comprehensive energy system analysis studies, examines the large-scale integration of renewable energy into the present system, and presents concrete design examples derived from a dozen renewable energy systems around the globe. Renewable Energy Systems, Second Edition also undertakes the socio-political realities governing the implementation of renewable energy systems by introducing a theoretical framework approach aimed at ...

Renewable-energy applications in Egypt

International Nuclear Information System (INIS)

Hammad, M.A.

2005-01-01

The paper illustrates the main activities carried out concerning development and application of renewable-energy technologies in Egypt. Main attention is devoted to biogas technology, solar and wind energy technologies. The main constraints for implementation of renewable-energy technologies in Egypt and the activities carried out for its release are highlighted. The coordination between the Islamic and other developing countries is highly needed, to achieve marked progress in implementation of renewable energy and sustainable development. Establishment of a network for renewable energy among the Islamic countries can play an active role in these aspects. (author)

Financing energy efficiency investments. Third party financing: practical problems and possible solutions

International Nuclear Information System (INIS)

Warren, A.

1992-01-01

Third Party Financing means the packaging together of both technical aid and the necessary funding for energy cost saving investments by an outside company (outside to the energy user that is), using the energy cost savings themselves to pay for that investment. There are two key factors which differentiate Third Party Financing and conventional approaches to the implementation of energy conservation projects, the first of which is the provision of all the necessary technical services - both initial and detailed energy audits, engineering design and implementation - from one source. The second difference involves viewing the energy cost savings as a ''stream oincome'' which will repay the cost of the investment. This approach has a number of attractions to energy users: the outside company brings both its technical expertise and the necessary up-front capital to fund the energy saving investment. In addition, because the payments to the outside company are contingent, either wholly or in part, upon the level and timing of the energy cost savings the technical and financial risk for the investment is transferred from the energy user to the outside company. However, although simple in concept, third party financing is complex in practice. How does an energy user judge one third party financing proposal against another? If an agreement is made, how are energy savings measured or what happens if there is a dispute between the two parties? These are examples of the practical questions addressed in this paper which must be resolved if third party financing is to be used to assist energy saving. (Author)

Renewable energy strategies for sustainable development

DEFF Research Database (Denmark)

Lund, Henrik

2005-01-01

This paper discusses the perspective of renewable energy (wind, solar, wave and biomass) in the making of strategies for a sustainable development. Such strategies typically involve three major technological changes: energy savings on the demand side, efficiency improvements in the energy...... production, and replacement of fossil fuels by various sources of renewable energy. Consequently, large-scale renewable energy implementation plans must include strategies of how to integrate the renewable sources in coherent energy systems influenced by energy savings and efficiency measures. Based...... on the case of Denmark, this paper discusses the problems and perspectives of converting present energy systems into a 100 percent renewable energy system. The conclusion is that such development will be possible. The necessary renewable energy sources are present, if further technological improvements...

Renewable Energy in Alaska

Energy Technology Data Exchange (ETDEWEB)

2013-03-01

This report examines the opportunities, challenges, and costs associated with renewable energy implementation in Alaska and provides strategies that position Alaska's accumulating knowledge in renewable energy development for export to the rapidly growing energy/electric markets of the developing world.

Renewable Energy Policy Fact sheet - Ireland

International Nuclear Information System (INIS)

2017-09-01

The EurObserv'ER policy profiles give a snapshot of the renewable energy policy in the EU Member States. With Ireland's current 'trajectory' of renewable energy growth, it is likely to slightly fall short of its 2020 nationally binding renewable energy target. Ireland initiated a 'moratorium' on its REFIT (Renewable Energy Feed-in Tariff) support scheme in December 2015, with the aim of introducing a revised scheme in 2017 in line with market developments. Grants and tax relief remain in place for renewable heat promotion. An Offshore Renewable Energy Development Plan (OREDP) was introduced in 2014, which sets out Government policy in relation to the sustainable development of Ireland's abundant offshore renewable energy resource

Renewable energy development in China

Energy Technology Data Exchange (ETDEWEB)

Junfeng, Li

1996-12-31

This paper presents the resources availability, technologies development and their costs of renewable energies in China and introduces the programs of renewable energies technologies development and their adaptation for rural economic development in China. As the conclusion of this paper, renewable energies technologies are suitable for some rural areas, especially in the remote areas for both household energy and business activities energy demand. The paper looks at issues involving hydropower, wind energy, biomass combustion, geothermal energy, and solar energy.

Levelized cost of electricity (LCOE) of renewable energies and required subsidies in China

International Nuclear Information System (INIS)

Ouyang, Xiaoling; Lin, Boqiang

2014-01-01

The development and utilization of renewable energy (RE), a strategic choice for energy structural adjustment, is an important measure of carbon emissions reduction in China. High cost is a main restriction element for large-scale development of RE, and accurate cost estimation of renewable power generation is urgently necessary. This is the first systemic study on the levelized cost of electricity (LCOE) of RE in China. Results indicate that feed-in-tariff (FIT) of RE should be improved and dynamically adjusted based on the LCOE to provide a better support of the development of RE. The current FIT in China can only cover the LCOE of wind (onshore) and solar photovoltaic energy (PV) at a discount rate of 5%. Subsidies to renewables-based electricity generation, except biomass energy, still need to be increased at higher discount rates. Main conclusions are drawn as follows: (1) Government policy should focus on solving the financing problem of RE projects because fixed capital investment exerts considerable influence over the LCOE; and (2) the problem of high cost could be solved by providing subsidies in the short term and more importantly, by reforming electricity price in the mid-and long-term to make the RE competitive. - Highlights: • Levelized cost of electricity (LCOE) of renewable energies is systemically studied. • Renewable power generation costs are estimated based on data of 17 power plants. • Required subsidies for renewable power generation are calculated. • Electricity price reform is the long-term strategy for solving problem of high cost

Alaska's renewable energy potential.

Energy Technology Data Exchange (ETDEWEB)

2009-02-01

This paper delivers a brief survey of renewable energy technologies applicable to Alaska's climate, latitude, geography, and geology. We first identify Alaska's natural renewable energy resources and which renewable energy technologies would be most productive. e survey the current state of renewable energy technologies and research efforts within the U.S. and, where appropriate, internationally. We also present information on the current state of Alaska's renewable energy assets, incentives, and commercial enterprises. Finally, we escribe places where research efforts at Sandia National Laboratories could assist the state of Alaska with its renewable energy technology investment efforts.

PEI's perspective on renewable energy development

International Nuclear Information System (INIS)

Brown, B.

2005-01-01

Approximately 7 per cent of Prince Edward Island's (PEI) energy supply is from renewable sources, acquired mainly from biomass. Wind power accounts for 0.5 per cent of electricity production. This paper discussed issues concerning renewable energy developments in PEI, with particular reference to the PEI Renewable Energy Act as well as the PEI energy framework and renewable energy strategy, which was the result of public consultation sessions held in 2003. The results of these sessions indicated that greater development of indigenous renewable energy resources was desired, particularly in wind power. It was also stated that the government should help to advance renewable energy development in the province. Several development opportunities were highlighted, including: wind; biodiesel; ethanol; biomass; bio-gas; and small-scale hydro. The advantages of wind power were reviewed and wind data was presented. The economic and community benefits of renewable energy include local price stability, development opportunities, diversity of fuel type and security of supply. It was noted that renewable energy fully complemented the energy goals of the PEI government. Several strategies were discussed towards the development of renewable energy, including feasibility studies in biogas and biomass generation. The PEI government's commitment towards developing a regulatory framework acknowledging environmental sustainability was re-stated. Objectives include the promotion of renewable energy sources through the establishment of a Renewable Portfolio Standard for electricity; improvements in the economics of small-scale electricity production from renewable resources through the introduction of net metering; decreases in peak demand; enablement of green credits; the designation of areas for large-scale wind developments; and provision of guaranteed prices paid to producers for medium and large-scale renewable energy generators through feed-in tariffs. tabs, figs

Clean Energy Finance Tool

Science.gov (United States)

State and local governments interested in developing a financing program can use this Excel tool to support energy efficiency and clean energy improvements for large numbers of buildings within their jurisdiction.

2012 Renewable Energy Data Book (Book)

Energy Technology Data Exchange (ETDEWEB)

Gelman, R.

2013-10-01

This Renewable Energy Data Book for 2012 provides facts and figures in a graphical format on energy in general, renewable electricity in the United States, global renewable energy development, wind power, solar power, geothermal power, biopower, hydropower, advanced water power, hydrogen, renewable fuels, and clean energy investment.

Review of compliance with EU-2010 targets on renewable energy in Galicia (Spain)

Energy Technology Data Exchange (ETDEWEB)

Miguez, J.L.; Porteiro, J.; Granada, E.; Moran, J.C. [E.T.S. Ingenieros Industriales, Universidad de Vigo, Campus Lagoas-Marcosende, s/n 36200-Vigo (Spain); Lopez-Gonzalez, L.M.; Juarez, M.C. [Universidad de La Rioja, E.T.S. de Ingenieria Industrial, C/Luis de Ulloa, 20, E 26004 Logrono (La Rioja) (Spain); Sala, J.M. [E.T.S. Ingenieros Industriales de Bilbao, Alda. de Urquijo, s/n 48013 Bilbao (Vizcaya) (Spain)

2006-06-15

The use of renewable energy offers a range of exceptional benefits, including: a decrease in external energy dependence; a boost to local and regional component manufacturing industries; promotion of regional engineering and consultancy services specialising in the use of renewable energy; increased R and D, decrease in impact of electricity production and transformation; increase in the level of services for the rural population; creation of employment, etc. To achieve these benefits, a series of actions are required, among which the following are particularly important: creation of a suitable climate for performing R and D; training of technicians in design, production and maintenance of equipment; motivation for establishing a new market; proper financing; fostering of appropriate technologies; practical demonstration of results, etc. This article reviews the progress made in the Autonomous Community of Galicia in terms of the introduction of renewable energy technologies (RETs) and examines the possibility of meeting a target of 90% coverage (practical electrical self-sufficiency) by 2010, of which 51% would come from wind power, with a saving of 4000ktoe of primary energy, and prevented emissions of 12x10{sup 6}t of CO{sub 2} per year. (author)

Renewable energy

DEFF Research Database (Denmark)

Olsen, Birgitte Egelund

2016-01-01

Renewable energy projects are increasingly confronted by local opposition, which delays and sometimes even prevents their implementation. This reflects the frequent gap between support for the general idea of renewables as a strategy for reducing carbon emissions, and acceptance of renewable energy...... installations in the local landscape. A number of countries have introduced financial incentives to promote community acceptance. The tool box of incentives is still limited but in recent years it has been expanded to address local concerns. Certain general characteristics can be identified, suggesting...... that there are at least three distinct categories of incentives: individual compensation, community benefits and ownership measures. Local opposition must be approached with caution, as financial incentives to promote local acceptance can be seen as buying consent or even ‘bribery’, stirring up further opposition....

White paper on renewable energies. Renewable energies: to be in line with World momentum

International Nuclear Information System (INIS)

Bal, Jean-Louis; Apolit, Robin; Audigane, Nicolas; Billerey, Elodie; Bortolotti, Celine; Burie, Ony; Carabot, Cyril; Conan, Stephanie; Duclos, Paul; Fuseliez, Sabrina; Gaulmyn, Louis De; Gondolo, Mathieu; Jouet, Francoise; Kiersnowski, Marlene; Le Guen, Claire; Lequatre, Delphine; Lettry, Marion; Mathieu, Mathilde; Mathon, Damien; Molton, Catherine; Poubeau, Romain; Richard, Axel; Chartier, Philippe; Guignard, Eric

2017-01-01

After an introduction on the recent evolutions of the context for renewable energies in France and in the World (an economic revolution, simplification of the legal and regulatory framework, the more active role of consumers), and a graphical presentation of the present status and perspectives of renewable energies in France, this publication first discusses the main strategic orientations for the development of renewable energies: visibility of sectors, clear and balanced economic framework, a new industrial and territorial dynamics. It discusses various operational measures for different sectors: ground-based wind energy, renewable marine energies, hydroelectricity, photovoltaic solar energy, thermodynamic solar energy, thermal solar energy, valorisation of biomass potentials, bio-fuels, biogas, wastes, emerging sectors, domestic wood heating, low and high temperature geothermal energy. The next part proposes and comments transverse operational measures regarding electric grids, overseas territories, Corsica, the housing sector, and international trade

The potential of renewable energies

International Nuclear Information System (INIS)

Glubrecht, H.

1998-01-01

If one compares the progress in research and development of renewable energy applications with the finding which has been granted to these activities during the 23 years after the first oil shock, one cannot but be very impressed. It is indicated in this paper hoe comprehensive the potential of renewable energy is. One should take into account that the methods described form a broad interdisciplinary field in contrast to fossil and nuclear technologies. From technical point of view the present and future energy demand can be met by the broad spectrum of renewable energies in combination with energy conservation. Many of these techniques are already economically competitive: solar architecture, wind energy, hydropower, low temperature heat production, photovoltaic for remote areas, various types of biomass application, geothermal energy although not exactly renewable. The future of renewable energies will depend on opening markets for these techniques

UNECE renewable energy status report 2015

International Nuclear Information System (INIS)

Uherova Hasbani, Katarina; Burlui, Ludmila; Hullin, Martin; Akande, Dennis; Koshy, Shweta; Sambucini, Gianluca; Townsend, David; Dobrotkova, Zuzana; Repikova, Martina; Mitsay, Andriy

2015-01-01

The United Nations Economic Commission for Europe (UNECE) covers a large and diverse region comprising 56 member states. These countries have different energy situations and vary in their potential for and progress in renewable energy and energy efficiency. The present report covers 17 UNECE countries, with the aim of establishing a data baseline and providing a general overview of their renewable energy situations. Over the past decade, the national governments of the selected countries have been working actively to leverage this renewable energy potential. Energy security and access to reliable, affordable, sustainable and modern energy are the key concerns driving renewable energy deployment. These countries require more substantial investment to fully realise its renewable potential and to bring innovative solutions to tackle their energy challenges, such as heating in urban and rural areas. A reliable data baseline is a pre-requisite and an enabler for more investment activity. The UNECE has contributed actively to fulfilling the 17 countries' aspirations in renewable energy by providing them with a platform for collaboration among UNECE member states. In 2014, a UNECE Group of Experts on Renewable Energy was established to step up these efforts. Its mandate is to carry out action-oriented, practical activities to significantly increase the uptake of renewable energy, in line with the United Nations Secretary-General's Sustainable Energy for All (SE4All) initiative. This UNECE Renewable Energy Status Report strives to present analysis of up-to-date data and information on the status of renewable energy and energy efficiency in the selected countries of the UNECE region

Renewable energy sources in Bulgaria: Current state and trends

Science.gov (United States)

Kolev, K.

The over-dependency of Bulgaria on imported fuel stressed the importance of developing a new energy strategy based on energy saving which includes also using renewable energy sources (RES). The target is the substitution of at least 2 percent of the real primary energy consumption with RES by 2010. The author gives a generalized analysis of the available RES in Bulgaria -solar, wind, geothermal, biomass and mini-hydraulic. The potentialities of each source for its usage as a suitable energy supply are pointed out, as well as the current status of research and implementation work, problems connected with legislation, financing and production of particular facilities. The governmental policy concerning RES is considered briefly. A description is given to the project 'Technical and Economical Assessment of Possibilities for Expansion of the RES-part in the Energy Balance of the Country' developed and started in 1994 in the framework of the PHARE program.

Solar Photovoltaic Financing: Deployment by Federal Government Agencies

Energy Technology Data Exchange (ETDEWEB)

Cory, K.; Coggeshall, C.; Coughlin, J.; Kreycik, C.

2009-07-01

The goal of this report is to examine how federal agencies can finance on-site PV projects. It explains state-level cash incentives available, the importance of solar renewable energy certificate revenues (in certain markets), existing financing structures, as well as innovative financing structures being used by federal agencies to deploy on-site PV. Specific examples from the DOD, DOE, and other federal agencies are highlighted to explain federal project financing in detail.

The renewable energy handbook. Elements for a debate on renewable energies in France

International Nuclear Information System (INIS)

2007-01-01

Illustrated by graphs and proposing many data tables, this handbook contains a set of sheets containing key figures and data on renewable energies. The first part gives an overview of energy balances from a general point of view, from the end user's point of view, from primary energy to final energy, and indicates the share of renewable energies in these assessments. The second part gives an overview of renewable energies: definitions, potential sources, possible implementation rate, and greenhouse gas emissions. The third part discusses prospective and strategic issues, notably the French and European commitments by 2020. The last part proposes a set of sheets containing an historical overview, and comments on the state of the art, costs, and perspectives for different renewable energy sources. It distinguishes those producing electricity (hydro, photovoltaic, wind, waves, tides, geothermal, and so on) and those associated with heat production and fuels (passive solar, heat pumps, biomass, agro-fuels, biogas, etc.)

Renewable energy progress and biofuels sustainability

Energy Technology Data Exchange (ETDEWEB)

Hamelinck, C.; De Lovinfosse, I.; Koper, M.; Beestermoeller, C.; Nabe, C.; Kimmel, M.; Van den Bos, A.; Yildiz, I.; Harteveld, M. [Ecofys Netherlands, Utrecht (Netherlands); Ragwitz, M.; Steinhilber, S. [Fraunhofer Institut fuer System- und Innovationsforschung ISI, Karlsruhe (Germany); Nysten, J.; Fouquet, D. [Becker Buettner Held BBH, Munich (Germany); Resch, G.; Liebmann, L.; Ortner, A.; Panzer, C. [Energy Economics Group EEG, Vienna University of Technology, Vienna (Austria); Walden, D.; Diaz Chavez, R.; Byers, B.; Petrova, S.; Kunen, E. [Winrock International, Brussels (Belgium); Fischer, G.

2013-03-15

On 27 March 2013, the European Commission published its first Renewable Energy Progress Report under the framework of the 2009 Renewable Energy Directive. Since the adoption of this directive and the introduction of legally binding renewable energy targets, most Member States experienced significant growth in renewable energy consumption. 2010 figures indicate that the EU as a whole is on its trajectory towards the 2020 targets with a renewable energy share of 12.7%. Moreover, in 2010 the majority of Member States already reached their 2011/2012 interim targets set in the Directive. However, as the trajectory grows steeper towards the end, more efforts will still be needed from the Member States in order to reach the 2020 targets. With regard to the EU biofuels and bioliquids sustainability criteria, Member States' implementation of the biofuels scheme is considered too slow. In accordance with the reporting requirements set out in the 2009 Directive on Renewable Energy, every two years the European Commission publishes a Renewable Energy Progress Report. The report assesses Member States' progress in the promotion and use of renewable energy along the trajectory towards the 2020 renewable energy targets. The report also describes the overall renewable energy policy developments in each Member State and their compliance with the measures outlined in the Directive and the National Renewable Energy Action Plans. Moreover, in accordance with the Directive, it reports on the sustainability of biofuels and bioliquids consumed in the EU and the impacts of this consumption. A consortium led by Ecofys was contracted by the European Commission to perform support activities concerning the assessment of progress in renewable energy and sustainability of biofuels.

Renewable energy progress and biofuels sustainability

Energy Technology Data Exchange (ETDEWEB)

Hamelinck, C.; De Lovinfosse, I.; Koper, M.; Beestermoeller, C.; Nabe, C.; Kimmel, M.; Van den Bos, A.; Yildiz, I.; Harteveld, M. [Ecofys Netherlands, Utrecht (Netherlands); Ragwitz, M.; Steinhilber, S. [Fraunhofer Institut fuer System- und Innovationsforschung ISI, Karlsruhe (Germany); Nysten, J.; Fouquet, D. [Becker Buettner Held BBH, Munich (Germany); Resch, G.; Liebmann, L.; Ortner, A.; Panzer, C. [Energy Economics Group EEG, Vienna University of Technology, Vienna (Austria); Walden, D.; Diaz Chavez, R.; Byers, B.; Petrova, S.; Kunen, E. [Winrock International, Brussels (Belgium); Fischer, G.

2013-03-15

On 27 March 2013, the European Commission published its first Renewable Energy Progress Report under the framework of the 2009 Renewable Energy Directive. Since the adoption of this directive and the introduction of legally binding renewable energy targets, most Member States experienced significant growth in renewable energy consumption. 2010 figures indicate that the EU as a whole is on its trajectory towards the 2020 targets with a renewable energy share of 12.7%. Moreover, in 2010 the majority of Member States already reached their 2011/2012 interim targets set in the Directive. However, as the trajectory grows steeper towards the end, more efforts will still be needed from the Member States in order to reach the 2020 targets. With regard to the EU biofuels and bioliquids sustainability criteria, Member States' implementation of the biofuels scheme is considered too slow. In accordance with the reporting requirements set out in the 2009 Directive on Renewable Energy, every two years the European Commission publishes a Renewable Energy Progress Report. The report assesses Member States' progress in the promotion and use of renewable energy along the trajectory towards the 2020 renewable energy targets. The report also describes the overall renewable energy policy developments in each Member State and their compliance with the measures outlined in the Directive and the National Renewable Energy Action Plans. Moreover, in accordance with the Directive, it reports on the sustainability of biofuels and bioliquids consumed in the EU and the impacts of this consumption. A consortium led by Ecofys was contracted by the European Commission to perform support activities concerning the assessment of progress in renewable energy and sustainability of biofuels.

Renewable energies for power generation

International Nuclear Information System (INIS)

Freris, L.; Infield, D.

2009-01-01

Power generation from renewable energy sources is different from power generation from classical energies (nuclear, thermal..). Therefore, the integration into the grid of the electricity supplied by renewable sources requires a deep thinking. The reason is that these power sources are controlled by variable elements, like wind, water and sun, which condition production. This book deals with the following aspects in detail: characteristics of classical and intermittent generators; grid balancing between supply and demand; conversion methods of renewable energies into electricity; power systems; privatizing of power generation and birth of new markets, in particular the 'green' power market; development of renewable energies thanks to technical advances. It gives a comprehensive overview of the present day available renewable energy sources for power generation. (J.S.)

More competition: Threat or chance for financing renewable electricity?

International Nuclear Information System (INIS)

Szabo, Sandor; Jaeger-Waldau, Arnulf

2008-01-01

The paper examines how increased competition in electricity markets may reshape the future electricity generation portfolio and its potential impact on the renewable energy (RE) within the energy mix. The present analysis, which is based on modelling investor behaviour with a time horizon up to 2030, considers the economic aspects and conditions for this development with a particular focus on the photovoltaics. These aspects include pure financial/investment factors, such as the expected returns in the sector, subsidisation of certain RE resources and other policies focusing on the energy sector (liberalisation, environmental policies and security of supply considerations). The results suggest that policies aiming at the expansion of renewable energy technologies and strengthening the competition in the electricity markets have mutually reinforcing effects. More competition can reduce the financial burden of the existing renewable support schemes and consequently help to achieve the already established RE targets. (author)

Wind, hydro or mixed renewable energy source: Preference for electricity products when the share of renewable energy increases

International Nuclear Information System (INIS)

Yang, Yingkui; Solgaard, Hans Stubbe; Haider, Wolfgang

2016-01-01

While the share of renewable energy, especially wind power, increases in the energy mix, the risk of temporary energy shortage increases as well. Thus, it is important to understand consumers' preference for the renewable energy towards the continuous growing renewable energy society. We use a discrete choice experiment to infer consumers' preferences when the share of renewable energy increases. The study results indicate that consumers are generally willing to pay extra for an increasing share of renewable energy, but the renewable energy should come from a mixture of renewable energy sources. We also found that consumers prefer to trade with their current supplier rather than another well-known supplier. This study contributes to the energy portfolio theories and the theory of energy diversification in a consumer perspective. The managerial implications of this study are also discussed. - Highlights: • This paper investigates consumer preference for electricity when the share of renewable energy increases in the energy mix. • A total of 7084 choice sets were completed in the survey. • Consumer prefers a high percentage of mixed renewable energy at an affordable price level when the share of renewable increases. • Current electricity supplier was found to be the most favorable supplier for consumers. • Results had implications on energy regulators/policy makers, electricity retailers and renewable energy investors.

Renewable energy policy. Into the mainstream

International Nuclear Information System (INIS)

2003-01-01

Renewable energy today is at a critical stage of development: renewable technologies are maturing, and costs for some technologies are in the competitive range. Beyond the energy they produce, renewable energy technologies offer a variety of other benefits towards the achievement of sustainable development goals. This promise has led to all IEA governments to support their greater development. But, while renewables markets are growing strongly, additional steps must be taken to accelerate the achievement of sustainable, large-scale markets. This report by the IEA's Renewable Energy Working Party outlines those steps, and the benefits of moving renewable energy into the mainstream

Somerset County Renewable Energy Initiative

Energy Technology Data Exchange (ETDEWEB)

Katula, Denise [County of Somerset, Somervile, NJ (United States)

2014-05-07

The County of Somerset, New Jersey, through the Somerset County Improvement Authority (SCIA), applied Federal funding through the U.S. Department of Energy to will apply project funds to buy-down the capital costs of equipment associated with the installation of solar photovoltaic (PV) systems at two sites owned by the County. This Renewable Energy Initiative allows the County to take advantage of clean renewable energy, without any adverse debt impacts, and at a price that results in operating budget savings beyond what is presently available in the marketplace. This project addressed the objectives of the Office of Energy Efficiency and Renewable Energy by making the acquisition of renewable energy more affordable for the County, thereby, encouraging other counties and local units to develop similar programs and increase the deployment of solar energy technologies. The two sites that were funded by the DOE grant are part of a much larger, ambitious, and unique renewable energy project, described in the next section.

Renewable energies in the French energy mix. Between national will and regional governance

International Nuclear Information System (INIS)

Lechevin, Bruno; Royal, Segolene; Michel, Laurent; Boissier, Fabrice; Lenoir, Jean-Claude; Battistel, Marie-Noelle; Baupin, Denis; Kocher, Isabelle; Salome, Jean-Philippe; Bal, Jean-Louis; Houssin, Didier; Lurel, Victorin; Porquier, Christophe; Schwarz, Virginie; Legrand, Emmanuel; Bozec, Jacques; Jedliczka, Marc; Sudret, Thierry; Colombier, Michel; Lettry, Marion; Lioret, Sonia; Galiano, Mila; Carrega, Marie; Nocodie, Serge; Durand, Yvonnick; Joffre, Andre; Audras, Georges; Franclieu, Robert De; Le Lidec, Frederic; Martin, Geraldine; Gossement, Arnaud; Siess, Damien; Mignon, Herve; Alario, Juan; Lepercq, Thierry; Bozec, Jacques; De Beaufort, Rodolphe; Rumolino, Claudio; Mauduit, Stephane; Maocec, Christophe; Sauron, Claire; Raymond, Thierry; Boissavy, Christian; Laplaige, Philippe; Graff, Jean-Jacques; Schmittbuhl, Jean; Bon, Andre; Bejgane, Marwane; Brogle, Sylvain; Soule, Jean-Philippe; De Roeck, Yann-Herve; Delanoe, Julien; Crest, Jerome; Teillac-Deschamps, Pauline; Durand, Yvonnick; Augras, Georges; Degos, Olivier; De Charentenay, Jean-Noel; Francke, Loic; Collin, Gaetan; Beccavin, Jerome; Defrenne, Nicolas

2015-04-01

This large report contains contributions and contents of round tables and workshops held during a colloquium. Round tables addressed the following topics: challenges and perspectives for the law on energy transition and the electric mix, maturity and competitiveness of existing sectors, instruction manual for a decentralised electric mix, electric mix and grid adaptation. Workshop addressed wind energy (development status, key figures, participation-based wind energy, radar disturbances as a brake to wind energy development), photovoltaic workshop (development status and key figures, ADEME actions, project elaboration, governance, financing and self-consumption, R and D and industrial innovation, environmental impacts and recycling), geothermal energy (development status and key figures, Enhanced Geothermal System in Alsace, governance mode for projects in the French West Indies), and sea energies (development status and key figures, the PRISMER project, demonstrators, industrial fallouts of renewable sea energies, environmental impacts and acceptability). The second part of the reports contains all Power Point presentations

Renewable Energy in China

Directory of Open Access Journals (Sweden)

Valery I. Salygin

2015-01-01

Full Text Available China is the most densely populated country in the world with high rate of economic growth resulting in higher demand for energy resources and in strive to guarantee stable supply of these resources. Chinese annual GDP growth in 2012 and 2013 was down to 7.7% comparing to 10% in 2000-2011 [7]. In 2012 and 2013 economic growth stumbled because of slowdown in manufacturing and exports, taking into account that Chinese government was eager to cut inflation and excessive investments in some segments of the market. Speaking about energy sector Chinese government is aimed at promotion of market-based pricing systems, activities for advanced energy efficiency and higher competition between energy companies, and increased investment in renewable energy resources. Considering renewables as one of many ways to diversify energy supplies, lower dependence on coal and improve environmental situation Chinese government actively supports and develops programs aimed at support of renewable energy industry in China. Chinese economic development is tightly attached to five-year plans. It seems important to mention the fact that main energy goals for current 12-th "five-year plan" are to achieve 15% renewables consumption and CO2 sequestration up to 40-45% by2020 in order to lower dependency on coal and improve environmental situation. As a result of Chinese state policy to develop renewables China achieved certain results in wind energy, helioenergetics, hydroenergetics and energy from waste recycling.

Renewable energy systems the earthscan expert guide to renewable energy technologies for home and business

CERN Document Server

Jenkins, Dilwyn

2013-01-01

This book is the long awaited guide for anyone interested in renewables at home or work. It sweeps away scores of common misconceptions while clearly illustrating the best in renewable and energy efficiency technologies. A fully illustrated guide to renewable energy for the home and small business, the book provides an expert overview of precisely which sustainable energy technologies are appropriate for wide-spread domestic and small business application. The sections on different renewable energy options provide detailed descriptions of each technology along with case studies, installatio

Renewable energy delivery systems and methods

Science.gov (United States)

Walker, Howard Andrew

2013-12-10

A system, method and/or apparatus for the delivery of energy at a site, at least a portion of the energy being delivered by at least one or more of a plurality of renewable energy technologies, the system and method including calculating the load required by the site for the period; calculating the amount of renewable energy for the period, including obtaining a capacity and a percentage of the period for the renewable energy to be delivered; comparing the total load to the renewable energy available; and, implementing one or both of additional and alternative renewable energy sources for delivery of energy to the site.

Proceedings of the business and investment forum for renewable energy in the Arab Regions; Recueil des interventions du forum d'affaires pour le developpement des energies renouvelables dans la region Arabe

Energy Technology Data Exchange (ETDEWEB)

NONE

2001-07-01

This event on renewable energies comes within the framework of the World Solar Programme. Indeed, following the World Solar Summit in Harare in 1997, UNESCO, the European Commission, ADEME and ICAEN have taken the initiative to organize a series of Business Forums devoted to renewable energies. The first two were held in Quito in 1998 and in Harare in 1999. The Harare forum was especially devoted to the use of renewable energies in decentralized rural electrification. Promoters wish to focus debates and thinking on themes with a particular bearing on surrounding countries. This is why the main subject for this Forum is how renewable energies can be used for a sustainable development in the Arab region, supplying energy and water. The growing demand for water is a crucial issue in Middle Eastern and Mediterranean countries. The relatively limited resources, the high population growth and the regular improvement in the standard of living can, in the medium term, only confirm the attention that should be given to the problem. Firstly, it is a question of identifying the most efficient and best-adapted technologies, and enabling their dissemination, all the while developing the know-how of local operators. It is also a matter of focusing on the problems connected with the financing of the projects. Indeed, public aid for development can be sought on both sides, and international financing can be mobilized at the World Bank, within the Global Environmental Facility, or through development banks, although access to them still seems difficult. How can we simplify these procedures and at the same time meet the necessary guarantees, and what are the most efficient financing mechanisms? Lastly, to implement these projects it is vital that we increase commercial opportunities and favour the bringing together of all the players present here today - the users, and the public and private sectors. The participation of industrialists will therefore play a fundamental role here. To

Renewable energy policy for Rural Mongolia

International Nuclear Information System (INIS)

Oldach, R.; Bates, J.; Derrick, A.; Syngellakis, K.; Gantulga, D.; Hasnie, S.; Enebish, N.

2004-01-01

This paper presents a project, supported by the Asian Development Bank (ADB), which aims in part to strengthen renewable energy policy in Mongolia. The project activities focusing on policy development include compilation and summary of renewable energy projects carried out in Mongolia up to the present day, examination of experience of renewable energy power supply for remote areas in other countries, and how this can be applied to the situation in Mongolia, study of energy-related laws in Mongolia as well as in other countries and collaboration and discussions with the main stakeholders in renewable energy in Mongolia, including the Ministry of Infrastructure, the Fuel and Energy Authority, the Energy Regulatory Authority, and the Renewable Energy Corporation. The project will also carry out a workshop with national and international experts to discuss the key issues for the development of renewable energy for rural areas. A key result of the project will be the formulation of a Renewable Energy Action Plan for rural areas, based on the results of the foregoing research and the policy workshop. (authors)

Policies to support renewable energies in the heat market

International Nuclear Information System (INIS)

Buerger, Veit; Klinski, Stefan; Lehr, Ulrike; Leprich, Uwe; Nast, Michael; Ragwitz, Mario

2008-01-01

Whereas the contribution from renewable energies in the electrical power market is increasing rapidly, similar progress in the heat market is yet to be made. A prerequisite for progress is the development of innovative support instruments that transcend the usual support through public subsidies or tax reductions. We present an overview of the various classes of possible instruments. Some particularly interesting instruments will be selected and evaluated, comparing them qualitatively and quantitatively for the case of Germany. The most favourable model is found to be a new, allocation-financed model known as the Bonus Model. This model will be described in more detail

Nuclear energy and renewable energies

International Nuclear Information System (INIS)

1994-01-01

The nuclear energy and the renewable energies namely: solar energy, wind energy, geothermal energy and biomass are complementary. They are not polluting and they are expected to develop in the future to replace the fossil fuels

Modeling of renewable hybrid energy sources

Directory of Open Access Journals (Sweden)

Dumitru Cristian Dragos

2009-12-01

Full Text Available Recent developments and trends in the electric power consumption indicate an increasing use of renewable energy. Renewable energy technologies offer the promise of clean, abundant energy gathered from self-renewing resources such as the sun, wind, earth and plants. Virtually all regions of the world have renewable resources of one type or another. By this point of view studies on renewable energies focuses more and more attention. The present paper intends to present different mathematical models related to different types of renewable energy sources such as: solar energy and wind energy. It is also presented the validation and adaptation of such models to hybrid systems working in geographical and meteorological conditions specific to central part of Transylvania region. The conclusions based on validation of such models are also shown.

Planning for renewable energy in Devon

International Nuclear Information System (INIS)

1993-04-01

The aim of the Study was to examine the technical, planning and environmental factors, and the resource availability, which may affect the development of renewable energy schemes in Devon, with particular reference to West Devon. The study was undertaken to draw up a specimen planning policy framework for the development of renewable energy in Devon, looking at each major renewable energy source and at the relevant environmental and planning constraints; using this framework, to amplify the draft Structure Plan policy for renewable energy; to draw up draft guidance and specimen policies for a Local Plan covering renewable energy for a District Council, in this case, West Devon Borough; and to provide a pilot study for implementing the draft Planning Policy Guidance (PPG) on renewable energy. (author)

Renewable energy: an answer to our energy crisis

International Nuclear Information System (INIS)

Anon.

1992-01-01

Contrary to popular belief, renewables primarily biomass and hydropower currently supply about 20% of the world's energy. Biomass alone meets 35% of developing countries total energy needs, though often not in a manner that is renewable or sustainable in the long term. Steady advances have been made since the mid-seventies in an array of new energy technologies that will be needed if the world is to greatly increase its reliance on renewable resources. Indeed many of the machines and processes that could provide energy in a renewable energy based economy are now almost economically competitive with fossil fuels. Further cost reductions are expected in the next decade, as these technologies continue to improve through R and D efforts. After a period of neglected in the eighties, many governments are now supporting new energy technologies more effectively, which may signal the beginning of a renewable energy boom in the years ahead. (author). 8 refs

Renewable Energy: Policy Considerations for Deploying Renewables

Energy Technology Data Exchange (ETDEWEB)

NONE

2011-07-01

This information paper accompanies the IEA publication Deploying Renewables 2011: Best and Future Policy Practice (IEA, 2011a). It provides more detailed data and analysis on policies for Deploying Renewables, and is intended to complement the main publication. It provides an account of the strategic drivers underpinning renewable energy (RE) technology deployment (energy security, economic development and environment protection) and assesses RE technologies with respect to these drivers, including an estimate of GHG emissions reductions due to RE technologies. The paper also explores the different barriers to deploying renewables at a given stage of market maturity and discusses what tools policy makers can avail of to succeed in removing deployment barriers. An additional topical highlight explores the challenges associated with accelerating the diffusion of RE technologies in developing countries.

Financing energy development

International Nuclear Information System (INIS)

Kariwara, Y.

1990-01-01

The 1990s is likely to be a decade of double growth: in energy demand and environmental protection. This leads the author of this paper to ask the pertinent questions of where the money will come from, and in what form, to finance the growth in capacity to produce this energy and the technology required to produce and burn it cleanly. With a focus on Asian energy markets, this paper first illustrates the problem by describing the rapid growth of energy demand in the region. It describes the growth in Japan as well as China and the fast-growing economies of Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan, and Thailand. Energy demand growth rates of almost 5 percent in the 1980s are expected to continue to grow at that rate at least until 2005, doubling today's level of consumption and putting the energy supply system under great strain. Because of the large sums involved, this paper pints out the necessity of inventing new, innovative devices for future fund raising. This will require the participation of institutions such as insurance companies and regional banks that have little experience in the energy field. This paper suggests that these and the established players in energy finance will have recourse to two new approaches: Build-Operate-Transfer and Trustee Borrowing schemes

Renewable energy technology acceptance in Peninsular Malaysia

International Nuclear Information System (INIS)

Kardooni, Roozbeh; Yusoff, Sumiani Binti; Kari, Fatimah Binti

2016-01-01

Despite various policies, renewable energy resources have not been developed in Malaysia. This study investigates the factors that influence renewable energy technology acceptance in Peninsular Malaysia and attempts to show the impact of cost and knowledge on the perceived ease of use and perceived usefulness of renewable energy technology. The results show that cost of renewable energy has an indirect effect on attitudes towards using renewable energy through the associated impact on the perceived ease of use and perceived usefulness. The results also indicate that public knowledge in Peninsular Malaysia does not affect perceived ease of use, although the positive impact of knowledge on perceived usefulness is supported. Furthermore, our results show that the current business environment in Peninsular Malaysia does not support the adoption of renewable energy technology, and thus, renewable energy technology is not commercially viable in Peninsular Malaysia. Additionally, the population of Peninsular Malaysia associates the use of renewable energy with a high level of effort and therefore has a negative attitude towards the use of renewable energy technology. There is, therefore, a definite need to pay more attention to the role of public perception and awareness in the successes and failures of renewable energy policy. - Highlights: • Public acceptance is an essential element in the diffusion of renewable energy. • Perceived ease of use and perceived usefulness affect intention to use renewables. • It is important to reduce the cost of renewable energy, particularly for end users. • Renewable energy policies should address issues of public perception and awareness.

Clean Energy Solutions Center: Assisting Countries with Clean Energy Policy

Science.gov (United States)

advice on financing instruments. In a recent keynote to the Climate and Clean Energy Investment Forum renewable energy technologies in the country. Informing Energy Access and Clean Energy Project Finance understanding and knowledge of how to design policies that enable financing and encourage investment in clean

New renewables - a business challenge

International Nuclear Information System (INIS)

Jochum, G.

2004-01-01

This article takes a look at the increased use of renewable forms of energy and, in particular, the so-called 'new renewables' that are the subject of discussion in Europe and Switzerland. The wide divergence between the political and economical viewpoints concerning renewables is examined and the question is posed on how political desires and economical sense can be brought closer together. Questions concerning the public acceptance of various forms of energy are looked at and the expectations placed on renewable forms of energy are commented on. Criteria for models of promotion are listed including CO 2 emissions, technology and cost efficiency, marketing aspects and flexibility. Also, aspects concerning plausibility, fairness and responsibility are looked at. A model named 'Swiss Renewables Model' is proposed and its efficiency, functionality and financing are discussed

Talk of Thierry Breton, minister of economy, finances and industry. Talk to the association of economy and finance journalists about national and international energy questions on May 22, 2006

International Nuclear Information System (INIS)

2006-01-01

The French minister of economy, finances and industry explains the reasons of the rise of oil prices (tensions on the supply and demand balance, late recovery of investments in producing countries, geopolitical factors) and the measures that the government wishes to implement in order to bear up this situation: project of merger between Gaz de France and Suez energy groups, change of oil companies behaviour with consumers (automotive fuels price transparency), energy saving information on all energy suppliers advertisements, reinforcement of energy independence (development of renewable energy sources and of alternate automotive fuels). (J.S.)

Renewable energies and energy choices. Summary of the colloquium

International Nuclear Information System (INIS)

2003-05-01

This document is an executive summary of the colloquium organized by the French syndicate of renewable energies (SER) which took place at the Maison de l'UNESCO in Paris during the national debate on energies organized by the French government in spring 2003. The colloquium was organized around 6 round tables dealing with: the world perspectives and the environmental context of the contribution of renewable energies to the sustainable development (respect of Kyoto protocol commitments, contribution to the security of energy supplies, lack of large scale program of development of decentralized power generation in developing countries, lack of market tools linked with CO 2 emissions, improvement of competitiveness); development of renewable energies in Europe (promotion and sustain in all European countries, obligation of supply and purchase, pricing regulation, European harmonization of practices); renewable electricity and its place in the new orientation law about energies (tariff/pluri-annual investment planing, administrative authorizations, connections to the grid, calls for offer, costs of the photovoltaic solar energy); contribution of renewable energies in the transportation sector (bio-fuels, low taxes, ethanol fuel cells, vegetal chemistry); renewable heat and integration of renewable energy sources in buildings (intelligent architecture, promotion, quality labels and standards, lack of CO 2 penalties linked with fossil fuels, tax reduction for solar and wood fuel appliances, acknowledgment of geothermal heat pumps as renewable energy source); and the presentation of the first proposals for the future orientation law (balance between nuclear and renewable energy sources, integration in the local environment, competitiveness, use of market mechanisms, R and D etc.). (J.S.)

Recent incentives for renewable energy in Turkey

International Nuclear Information System (INIS)

Simsek, Hayal Ayca; Simsek, Nevzat

2013-01-01

Recently, the importance of renewable energy sources has increased significantly as climate change has become an important long term threat to global ecosystems and the world economy. In the face of increased concern about climate change and high fossil fuel costs together with a reduction in the primary energy sources such as oil, natural gas and coal, alternative energy sources (renewables) are increasingly needed to respond to the threat of climate change and growing energy demand in the world. Recent developments in Turkey, such as the liberalization of the electricity market and improvements in the renewable legislations, have accelerated the growth process and investment opportunities in the field of renewable energy. Turkey′s naturally endowed potential for renewables, such as solar, geothermal and wind, also accompanied these developments and attracted world attention to this market. In Turkey, renewable energy sources have gained great importance in the last decades due to growing energy demand and incentive policies which foster the utilization of renewable energy sources. This study aims to explore the availability and potential of renewable energy sources in Turkey and discuss the government policies and economic aspects. - highlights: • Turkey′s potential for renewable energy has attracted world attention. • Turkey has specific energy objectives in promoting renewable energy. • This paper evaluates recent incentives for renewable energy in Turkey. • Incentives in Turkey have led to more investment in renewable energy generation

78 FR 20896 - Renewable Energy and Energy Efficiency Advisory Committee

Science.gov (United States)

2013-04-08

... DEPARTMENT OF COMMERCE International Trade Administration Renewable Energy and Energy Efficiency... of an Open Meeting. SUMMARY: The Renewable Energy and Energy Efficiency Advisory Committee (RE&EEAC... industry-specific teams--renewable energy, energy efficiency, energy storage and transmission, and biofuels...

78 FR 48855 - Renewable Energy and Energy Efficiency Advisory Committee

Science.gov (United States)

2013-08-12

... Administration Renewable Energy and Energy Efficiency Advisory Committee AGENCY: International Trade... the international competitiveness of the U.S. renewable energy and energy efficiency industries. The... Renewable Energy and Energy Efficiency Advisory Committee, Attention: Ryan Mulholland, Office of Energy and...

Filling the gaps: Policy supports and interventions for scaling up renewable energy development in Small Island Developing States

International Nuclear Information System (INIS)

Timilsina, Govinda R.; Shah, Kalim U.

2016-01-01

SIDS have both opportunities and challenges – economic, social and environmental vulnerability – for low carbon development. Economically, they are highly dependent on international trade; they have limited domestic markets, too small to provide significant scale economies; their exports are constraint by their isolation and remote location. We provide an overview of current energy situation in SIDS, their goals to adopt low carbon economic development paths, policies already in place or required to achieve the goals and challenges to implement their plans and strategies. The focus is on energy policy landscape that needs to be addressed in order to scale-up renewable energy technologies needed to stimulate low carbon economic growth. We find that SIDS face four key barriers to renewable energy development: information to improve the energy information network by strengthening existing information systems and building awareness of renewable energy; financing mechanisms for renewable energy projects, including regional loan structures and technical assistance to banks; policy supports to implement regulatory frameworks that enable renewable energy development; and building technical capacity among players in the renewable energy field. We recommend “policy enablers” that underlie what could positively impact on renewable energy goals and more broadly energy efficiency and climate change. - Highlights: • Incentive based policies are required to stimulate investment and reduce transaction costs. • Sustained, consistent long term policy outlooks to support achieving targets are often absent. • Gaps in technical data, resource assessments and local capacity hinders strong policy decisions. • Coordination by public and private actors across the value chain increases renewables deployment.

Power Electronics for Renewable Energy Systems

DEFF Research Database (Denmark)

Choi, U. M.; Lee, K. B.; Blaabjerg, Frede

2012-01-01

The use of renewable energy sources are increased because of the depletion of natural resources and the increasing pollution level from energy production. The wind energy and the solar energy are most widely used among the renewable energy sources. Power electronics is needed in almost all kinds...... of renewable energy system. It controls the renewable source and interfaces with the load effectively, which can be grid-connected or van work in stand-alone mode. In this presentation, overview of wind and photovoltaic energy systems are introduced. Next, the power electronic circuits behind the most common...

75 FR 70214 - Renewable Energy and Energy Efficiency Advisory Committee

Science.gov (United States)

2010-11-17

... DEPARTMENT OF COMMERCE International Trade Administration Renewable Energy and Energy Efficiency... of an open meeting. SUMMARY: The Renewable Energy and Energy Efficiency Advisory Committee (RE&EEAC... submitted to the Renewable Energy and Energy Efficiency Advisory Committee, Office of Energy and...

Renewable Energy Country Profiles. Pacific

Energy Technology Data Exchange (ETDEWEB)

NONE

2012-09-15

The IRENA Renewable Energy Country Profiles take stock of the latest development of renewable energy in two regions where renewable energy can make a significant contribution to combat climate change and bring modern energy services to everyone: Africa and the Pacific. These two regions are presented separately in this volume and its sister publication. The country profiles combine elements of IRENA analysis with the latest information available from a vast array of sources in order to give a brief yet comprehensive and up-to-date picture of the situation of renewable energy that includes energy supply, electrical capacity, energy access, policies, targets, investment climate, projects and endowment in renewable energy resources. Because of the different timelines of these sources, data presented here refer to years between 2008 and 2012. Data availability also differs from country to country, which makes comparison with a wider regional group possible only for the year for which figures are available for all the members of the group; while this may not be the most recent year, the differences between countries, regions and the world remain striking. The current country profiles are just a starting point; they will be extended upon with new indicators to make them more informative, and maintained as a live product on the IRENA website as a key source of information on renewable energy.

Renewable Energy Country Profiles. Africa

Energy Technology Data Exchange (ETDEWEB)

NONE

2012-02-15

The IRENA Renewable Energy Country Profiles take stock of the latest development of renewable energy in two regions where renewable energy can make a significant contribution to combat climate change and bring modern energy services to everyone: Africa and the Pacific. These two regions are presented separately in this volume and its sister publication. The country profiles combine elements of IRENA analysis with the latest information available from a vast array of sources in order to give a brief yet comprehensive and up-to-date picture of the situation of renewable energy that includes energy supply, electrical capacity, energy access, policies, targets, investment climate, projects and endowment in renewable energy resources. Because of the different timelines of these sources, data presented here refer to years between 2008 and 2012. Data availability also differs from country to country, which makes comparison with a wider regional group possible only for the year for which figures are available for all the members of the group; while this may not be the most recent year, the differences between countries, regions and the world remain striking. The current country profiles are just a starting point; they will be extended upon with new indicators to make them more informative, and maintained as a live product on the IRENA website as a key source of information on renewable energy.

Proceedings of the business and investment forum for renewable energy in the Arab Regions; Recueil des interventions du forum d'affaires pour le developpement des energies renouvelables dans la region Arabe

Energy Technology Data Exchange (ETDEWEB)

NONE

2001-07-01

This event on renewable energies comes within the framework of the World Solar Programme. Indeed, following the World Solar Summit in Harare in 1997, UNESCO, the European Commission, ADEME and ICAEN have taken the initiative to organize a series of Business Forums devoted to renewable energies. The first two were held in Quito in 1998 and in Harare in 1999. The Harare forum was especially devoted to the use of renewable energies in decentralized rural electrification. Promoters wish to focus debates and thinking on themes with a particular bearing on surrounding countries. This is why the main subject for this Forum is how renewable energies can be used for a sustainable development in the Arab region, supplying energy and water. The growing demand for water is a crucial issue in Middle Eastern and Mediterranean countries. The relatively limited resources, the high population growth and the regular improvement in the standard of living can, in the medium term, only confirm the attention that should be given to the problem. Firstly, it is a question of identifying the most efficient and best-adapted technologies, and enabling their dissemination, all the while developing the know-how of local operators. It is also a matter of focusing on the problems connected with the financing of the projects. Indeed, public aid for development can be sought on both sides, and international financing can be mobilized at the World Bank, within the Global Environmental Facility, or through development banks, although access to them still seems difficult. How can we simplify these procedures and at the same time meet the necessary guarantees, and what are the most efficient financing mechanisms? Lastly, to implement these projects it is vital that we increase commercial opportunities and favour the bringing together of all the players present here today - the users, and the public and private sectors. The participation of industrialists will therefore play a fundamental role here. To

Renewable Energy Investment in Emerging Markets: Evaluating Improvements to the Clean Development Mechanism

Directory of Open Access Journals (Sweden)

Amy Tang

2014-06-01

Full Text Available In the past, industrialized countries have invested in or financed numerous renewable energy projects in developing countries, primarily through the Clean Development Mechanism (CDM of the Kyoto Protocol. However, critics have pointed to its bureaucratic structure, problems with additionality and distorted credit prices as ill-equipped to streamline renewable energy investment. In this paper, we simulate the impact of policy on investment decisions on whether or not to invest in wind energy infrastructure in India, Brazil and China. Data from 2,578 past projects as well as literature on investor behaviour is used to inform the model structure and parameters. Our results show that the CDM acts differently in each country and reveal that while streamlining the approval process and reconsidering additionality can lead to non-trivial increase in total investment, stabilizing policy and decreasing investment risk will do the most to spur investment.

77 FR 50489 - Office of Energy Efficiency and Renewable Energy

Science.gov (United States)

2012-08-21

... DEPARTMENT OF ENERGY Office of Energy Efficiency and Renewable Energy Wind and Water Power Program AGENCY: Office of Energy Efficiency and Renewable Energy, Department of Energy. ACTION: Notice of public... FURTHER INFORMATION CONTACT: Mr. Hoyt Battey, Office of Energy Efficiency and Renewable Energy, U.S...

Renewable energy islands in Europe

Energy Technology Data Exchange (ETDEWEB)

Oestergaard, Iben [ed.

1998-12-31

This publication includes a compiled presentation of various aspects concerning the possible transformation of some European islands into renewable energy communities and these projects were presented by a selection of pioneer islands at the first European Seminar on Renewable Energy Islands, held on the Danish island of Samsoee, 29-30 June 1998. This issue has increased in importance with the presentation of the ambitious EU-White Paper: `Energy for the future: Renewable Sources of Energy` which was adopted in 1998. One of the key elements of the strategy for an accelerated implementation of renewable energy is to transform 100 localities within Europe into communities which are to be 100% self-sufficient with renewable energy before 2010. In line with this strategy, the Danish Government appointed the island of Samsoe towards the end of 1997 to be the first `official` Danish, renewable energy island. This is to serve as a demonstration project for other local communities, both in Denmark as well as in the rest Europe. Gothland, Madeira, Canary Islands, Cape Verde, Arki, Crete, Minorca and Orkney Islands were represented. Environmental advantages of wind, solar and wave power for distant island communities were indicated. Serious savings would be achieved by limitation of fossil fuel import and utilization of local resources. (EG)

The energy transition by everyone and for everyone: what potential is there for hybridization in renewable energy projects?

International Nuclear Information System (INIS)

Ruedinger, Andreas

2016-03-01

Based on an analysis of the energy transition as a collective governance issue, the notion of citizen and local buy-in has emerged as an important marker, with a view to enhance the participation of all actors in different forms. In France, this goal has been enshrined in the slogan 'the energy transition by everyone and for everyone'. In this context, the direct participation of local actors - citizens and local authorities - in the implementation of energy projects within their territories has received a great deal of attention from policy-makers. This attention is further strengthened by the more recent appetite for citizen renewable energy projects in France and lessons learned from international experiments such as in Denmark and Germany. Citizen and collaborative renewable energy models are seeing growing interest from political and industrial stakeholders, driven by an effort to promote public acceptance of these projects and redirect local savings towards transition projects. While the energy transition law explicitly calls for the promotion of innovative models, it is nevertheless necessary to have a more detailed breakdown of the numerous existing approaches. By establishing a classification based on the levels of participation in the financing and the governance of these projects, this study aims to reflect on the respective advantages and drawbacks of these models with regard to their capacity to meet the goals set out by project developers Three main types of models can be defined: projects with a conventional approach, which focus on direct financial profitability, do not include financial participation by local actors, and for which implication in the governance is limited to consultation; 'citizen' projects, which are developed around collective governance and financing managed by local actors (citizens and/or local authorities); and a variety of 'collaborative' projects, which are the outcome of different kinds of hybridization between these two

Renewable energy - an attractive marketing proposition

International Nuclear Information System (INIS)

Anon

2001-01-01

The Global Utilities arm of international business consultants PriceWaterhouseCoopers (PWC) has provided a unique insight into the investment plans of Australian utilities regarding renewable energy. PWC has released the findings of a survey of electricity generators and retailers that neatly illustrates the risks and opportunities facing corporations liable under the mandatory renewable energy targets (MRET). Probably the most revealing finding of the PWC report- 'The Future of Australian Renewable Energy' was that the majority of respondents have not yet formulated a comprehensive renewable energy strategy aimed at meeting their obligations under MRET, or maximising the benefit of renewable energy certificates (RECs) produced. Notably, the majority of those surveyed believed that the strongest incentives for investing in new renewable energy generation was the company's 'green image'. In contrast investment characteristics such as low risk returns, the achievement of cost efficiencies or attractive revenue streams were not critical reasons for investing in renewable generation

Renewable Energy Policy Fact sheet - Sweden

International Nuclear Information System (INIS)

2017-09-01

The EurObserv'ER policy profiles give a snapshot of the renewable energy policy in the EU Member States. Sweden surpassed its 2020 nationally binding renewable energy in 2013. Main support measures to promote renewable energy in Sweden consists of a quota system, various tax regulation mechanisms and subsidy schemes. Sweden has a joint support scheme with Norway, thus being the first EU Member State to implement a cooperation mechanism, as defined under the 2009 EU Renewable Energy Directive. The Swedish coalition government has agreed on a target of 100% renewable electricity production by 2040

76 FR 7815 - Renewable Energy and Energy Efficiency Advisory Committee

Science.gov (United States)

2011-02-11

... DEPARTMENT OF COMMERCE International Trade Administration Renewable Energy and Energy Efficiency... of an open meeting. SUMMARY: The Renewable Energy and Energy Efficiency Advisory Committee (RE&EEAC... programs support the competitiveness of U.S. renewable energy and energy efficiency companies, to review...

76 FR 54431 - Renewable Energy and Energy Efficiency Advisory Committee

Science.gov (United States)

2011-09-01

... DEPARTMENT OF COMMERCE International Trade Administration Renewable Energy and Energy Efficiency... of an Open Meeting. SUMMARY: The Renewable Energy and Energy Efficiency Advisory Committee (RE&EEAC... competitiveness of the U.S. renewable energy and energy efficiency industries, including specific challenges...

78 FR 78340 - Renewable Energy and Energy Efficiency Advisory Committee

Science.gov (United States)

2013-12-26

... DEPARTMENT OF COMMERCE International Trade Administration Renewable Energy and Energy Efficiency... of an Open Meeting. SUMMARY: The Renewable Energy and Energy Efficiency Advisory Committee (RE&EEAC... affecting U.S. competitiveness in exporting renewable energy and energy efficiency (RE&EE) products and...

Renewable energy for the Middle East and North Africa. Policies for a successful transition

Energy Technology Data Exchange (ETDEWEB)

Jalilvand, David Ramin [Freie Univ. Berlin (DE). Berlin Centre for Caspian Region Studies (BC CARE)

2012-02-15

This study was commissioned by the FES Sustainable Energy Programme in the MENA region. The programme supports the search for suitable policies to promote energy savings and energy efficiency. Moreover, it encourages a transition towards an energy supply based on renewable energy sources. While the Middle East and North Africa hold a greater potential for the use of renewable energy than any other region on the planet, it is at the same time the region with the smallest share of renewable energy in its primary energy supply. Many analysts see the way energy policies are structured in most MENA countries as the main reason for the lack of renewable energy utilities and the above-average per capita energy consumption. It is only through political will and smart policies that countries can succeed in transforming their energy sectors towards sustainability. The German Renewable Energy Act, which was introduced by a coalition government of Social Democrats and Greens in 2000, has enabled Germany to rapidly increase its sustainable energy sector. It has also created more than 370,000 new green jobs in the renewable energy industry. While many different players are already active in the wider field of renewable energy in the MENA region, their efforts have mainly focussed on facilitating business- to-business conferences, technical research, and energy financing issues. So far, little has been done in the fields of policy research, policy consulting, and public awareness to promote a sustainable use of energy in the region. The FES is ready to share some successful policy experiences by providing German and international expertise, analysis, and policy advice to interested policymakers, activists, and researchers. The Arab Spring has strengthened our belief that public opinion can change politics everywhere. Since energy questions often relate to public interest (pollution, nuclear power, pricing), it is time to use the momentum of change for introducing ideas about

Renewable energy rebound effect?: Estimating the impact of state renewable energy financial incentives on residential electricity consumption

Science.gov (United States)

Stephenson, Beth A.

Climate change is a well-documented phenomenon. If left unchecked greenhouse gas emissions will continue global surface warming, likely leading to severe and irreversible impacts. Generating renewable energy has become an increasingly salient topic in energy policy as it may mitigate the impact of climate change. State renewable energy financial incentives have been in place since the mid-1970s in some states and over 40 states have adopted one or more incentives at some point since then. Using multivariate linear and fixed effects regression for the years 2002 through 2012, I estimate the relationship between state renewable energy financial incentives and residential electricity consumption, along with the associated policy implications. My hypothesis is that a renewable energy rebound effect is present; therefore, states with renewable energy financial incentives have a higher rate of residential electricity consumption. I find a renewable energy rebound effect is present in varying degrees for each model, but the results do not definitively indicate how particular incentives influence consumer behavior. States should use caution when adopting and keeping renewable energy financial incentives as this may increase consumption in the short-term. The long-term impact is unclear, making it worthwhile for policymakers to continue studying the potential for renewable energy financial incentives to alter consumer behavior.

Financing and regulation for the new and renewable energy sources: the geothermal case

International Nuclear Information System (INIS)

Coviello, M.

1998-01-01

The development and rational utilization of energy sources promotes economic growth and alleviates the environmental worries. Within the first frame, the use of new and renewable energy sources - wind, solar, photovoltaic, biomass, small hydroelectrical and geothermal - progressively reaches the highest priority in the context of the energy reforms that have been undertaken in the countries of the region. Among renewable energies, besides those of the hydraulic origin, geothermal is the one with the highest grade of safety as was demonstrated by its technical and economical reliability. If the estimation that the geothermal electricity potential of the Latin American region will reach more than 6000 MWe is correct, this is only indicative of its nature. The enormous financial resources of the Andean geothermal systems have to this date been ignored, while in Central America there exits a large number of financial resources still untouched. The rationale and the problems connected with this that remain - in all of Latin America, with the exception of Mexico - are of different natures. Most importantly, in first place, the economical difficulties; in effect, the fault of the ad-hoc economic initiatives have very much obstructed the sustained geothermal development and support. Other relevant obstacles for the use of this type of resource have been the lacking of specific and reliable legal aspects. Last but not least, the financial obstacles of the projects, under private or mixed schemes, should be emphasized. Because of the crucial role that these problems are asked to play in the implementation and development of geothermal projects in Latin America, it has been decided to prepare this document which is a part of the global view about the subject (making comparisons with experiences of other countries), and tries to identify possible solutions for the future

New and renewable energies. Stakes, driving forces and perspectives of the renewable energies market

International Nuclear Information System (INIS)

2000-09-01

New and renewable energies (hydro-power, wind-power, solar, biomass, biogas, geothermal and fuel cells) are progressively entering the industrialization phase (except for hydro-power which is already largely developed). Thus they are no more considered as solutions for utopian ecologists but have reached the status of alternative technologies. This study takes stock of the following questions: what are the applications of renewable energies, what is their stage of development and their potential with respect to fossil fuels, what are their perspectives of development, and what are the strategies developed by the actors of the sector? The main stakes of the renewable energy sector are: fulfilling the increasing power needs (in particular with the wind and solar power in isolated areas), improving the competitiveness (reduction of the investment costs), developing financial incentives (tax relief, financial helps, eco-taxes..), participating to the reduction of pollutant emissions. The renewable energy sector is progressively structuring and profits by the increasing implication of major energy actors, such as the oil companies. The behaviour and strategy of 14 major actors of the renewable energy sector is also analyzed. (J.S.)

77 FR 23224 - Renewable Energy and Energy Efficiency Advisory Committee

Science.gov (United States)

2012-04-18

... DEPARTMENT OF COMMERCE International Trade Administration Renewable Energy and Energy Efficiency... of an open meeting. SUMMARY: The Renewable Energy and Energy Efficiency Advisory Committee (RE&EEAC.... competitiveness in exporting renewable energy and energy efficiency (RE&EE) products and services, such as access...

78 FR 69370 - Renewable Energy and Energy Efficiency Advisory Committee

Science.gov (United States)

2013-11-19

... DEPARTMENT OF COMMERCE International Trade Administration Renewable Energy and Energy Efficiency... of an open meeting. SUMMARY: The Renewable Energy and Energy Efficiency Advisory Committee (RE&EEAC....S. renewable energy and energy efficiency industries. The December 3, 2013 meeting of the RE&EEAC...

77 FR 32531 - Renewable Energy and Energy Efficiency Advisory Committee

Science.gov (United States)

2012-06-01

... DEPARTMENT OF COMMERCE International Trade Administration Renewable Energy and Energy Efficiency... of an Open Meeting. SUMMARY: The Renewable Energy and Energy Efficiency Advisory Committee (RE&EEAC... new capital for investment in the U.S. renewable energy and energy efficiency sectors, increasing the...