scholarly journals Financial Resources for the Investments in Renewable Self-Consumption in a Circular Economy Framework

2021 ◽  
Vol 13 (12) ◽  
pp. 6838
Author(s):  
Sabina Scarpellini ◽  
José Ángel Gimeno ◽  
Pilar Portillo-Tarragona ◽  
Eva Llera-Sastresa

The availability of financial resources has been pointed out as one of the determining factors for the investment in renewable self-consumption solutions for the energy transition in the European Union. In economic terms, the barriers to investment are related to low levels of profitability and difficulties in accessing financing in some European regions. These barriers must be overcome to foster a sustainable energy transition. However, this topic of analysis is still underexplored in the literature to date. This study provides a characterisation of the financial resources applied to self-consumption from an economic–financial approach to the decision-making investors in a case study in Spain from a novel focus on the subject. The relevance of alternative financial resources as a mechanism to reduce existing barriers is revealed through the analysis of the active role that installers play in making investment decisions, facilitating the growth of self-consumption. The alternative financial channels and the bank intermediation for renewables are topics of interest to promote the energy transition towards a low-carbon economy.

Equilibrium ◽  
2011 ◽  
Vol 6 (1) ◽  
pp. 9-39
Author(s):  
Tomasz Grzegorz Grosse

Poland has made a commitment to reduce the emission of greenhouse gases by ratifying the Kyoto Protocol and by participating in the climate policy of the European Union (EU). EUClimate and Energy Package (CEP), which was negotiated in 2008 and has been successively introduced into the EUlegal system. The CEP introduces much stricter require­ments for the reduction of greenhouse gases emissions and imposes higher costs on the adjust­ment of Polish energy sector and other sectors of Polish economy to the requirements of the EUlaw. The influence of the EUon the Member States during the course of European integra­tion is described in the literature of the subject as europeanisation. In this study Iwill analyse the influence on the policy of the Polish government with respect to stimulating the develop­ment of low carbon economy (including industry).


Author(s):  
José Ángel Gimeno ◽  
Eva Llera Sastresa ◽  
Sabina Scarpellini

Currently, self-consumption and distributed energy facilities are considered as viable and sustainable solutions in the energy transition scenario within the European Union. In a low carbon society, the exploitation of renewables for self-consumption is closely tied to the energy market at the territorial level, in search of a compromise between competitiveness and the sustainable exploitation of resources. Investments in these facilities are highly sensitive to the existence of favourable conditions at the territorial level, and the energy policies adopted in the European Union have contributed positively to the distributed renewables development and the reduction of their costs in the last decade. However, the number of the installed facilities is uneven in the European Countries and those factors that are more determinant for the investments in self-consumption are still under investigation. In this scenario, this paper presents the main results obtained through the analysis of the determinants in self-consumption investments from a case study in Spain, where the penetration of this type of facilities is being less relevant than in other countries. As a novelty of this study, the main influential drivers and barriers in self-consumption are classified and analysed from the installers' perspective. On the basis of the information obtained from the installers involved in the installation of these facilities, incentives and barriers are analysed within the existing legal framework and the potential specific lines of the promotion for the effective deployment of self-consumption in an energy transition scenario.


Author(s):  
Muntasir Murshed ◽  
Zahoor Ahmed ◽  
Md Shabbir Alam ◽  
Haider Mahmood ◽  
Abdul Rehman ◽  
...  

2021 ◽  
Vol 11 (2) ◽  
pp. 432-440
Author(s):  
Victoria R. Nalule ◽  
Xiaoyi (Shawn) Mu

Access to modern energy such as electricity is key in the economic development of any country, and yet over 600 million people remain with no access to electricity in developing countries. It is true that both renewable energy and fossil fuels are key in the achievement of the United Nations Sustainable Development (UN SDG) Goal 7 and Goal 1 on energy access and poverty eradication respectively. However, the current global efforts to transition to a low carbon economy, and tackle climate change as stipulated in the SDG 13 and the 2015 Paris Agreement, have created a lot of tension on fossil fuel developments in recent years.This commentary article is presented as a question and answer session aimed at addressing the misconceptions surrounding the achievement of SDG 7 and SDG 13 in this energy transition era. The paper is of interest to oil producing countries. The article follows the various questions raised by policymakers during an online seminar delivered by both the authors entitled, ‘Fossil Fuels in the Energy Transition Era’.


Author(s):  
Joseph Romm

This chapter will focus on the clean energy revolution and the technologies most widely discussed for a transition to a low carbon economy. It will explore the scale of the energy transition needed to explain why some energy technologies are considered likely to be major...


2014 ◽  
Vol 962-965 ◽  
pp. 2360-2363
Author(s):  
Yong Hong Ma ◽  
Xian Wei Liu ◽  
Xing Ma

Based on the theory of Rong-Jie State of generalized virtual economy and took Sino-Singapore Tianjin Eco-City as an example, this paper discussed and analyzed the value realization of Tianjin Eco-City based on the detailed data of construction goals and achievements. The results showed that, in a low-carbon and ecological economic system, material values, environmental values, social and psychology values could be attained in Tianjin Eco-City.


2016 ◽  
Vol 19 (2) ◽  
pp. 57-73 ◽  
Author(s):  
Zofia Wysokińska

This paper analyses the evolution of the new environmental policy of the European Union in the context of the efforts undertaken to moderate the negative effects of climate change. It describes all the activities in the European Union designed to implement new tools of the EU environmental policy, such as low carbon economy technologies, tools that improve the efficiency of managing the limited natural resources, the environmentally friendly transport package, etc. All of them are aimed at laying the foundations of the circular economy, which may also be referred to as a closed-loop economy, i.e., an economy that does not generate excessive waste and whereby any waste becomes a resource.


Facilities ◽  
2019 ◽  
Vol 37 (3/4) ◽  
pp. 216-233
Author(s):  
Andrea Pelzeter ◽  
René Sigg

Purpose The purpose of this paper is identification of a methodology to determine CO2 emissions through facility services on an approximate and sufficiently accurate basis. This methodology is to be used by German practitioners for request for proposals (RFPs) and offers of facility services. Design/methodology/approach In accordance with ISO 14067, a matrix of CO2-relevant modules for the representation of CO2 emissions from facility services is developed. Key figures for energy consumption, transport and equipment manufacture and use are used in a case study. Findings For a transparent CO2 assessment of facility services, the following modules are required: work clothing, devices, vehicles (service personnel), supplies, transportation of personnel and overhead (vehicles and office space). In the case study, facility services account for about 30 per cent of the CO2 emissions originating from the use of the building. Research limitations/implications The methodology developed is also applicable to other services. Prior to that, however, the investigation of additional facility services (catering or security) and an extension to other types of facilities is required (office building, hospital, etc.). Practical implications The developed methodology allows transparent competition for low-carbon services concepts, for example, in RFP procedures for facility services. Social implications CO2-optimised facility services increase the demand for low-emission operating equipment and resources. They therefore have an indirect influence on the development of a low-carbon economy. Originality/value To date, there has not been a methodology that supports a transparent and practical summary of the service-related CO2 emissions associated with the resources used in facility services.


2012 ◽  
Vol 524-527 ◽  
pp. 2517-2521
Author(s):  
Xiao Li Hou ◽  
Jing Wang ◽  
Chang Jing Xiao

To develop low-carbon tourism attraction is conducive to the transformation of tourism industry’s development mode. It can also help China to take the carbon-reducing responsibility in the world, reduce carbon emission and develop low-carbon economy and society. This paper takes Beijing Badachu Park as the case study to analyze the relationship between the development of low-carbon tourism attraction and the tourists’ low-carbon cognition. It shows that there’re two kinds of low-carbon cognition, one is “to know it” and the other is “to do it”. But the reality is there always has some inconformity between consciousness and behavior in low carbon tourism which is bad for the construction of tourism attractions. This article put forward some suggestions to solve this problem: “hardware” transformation, scientifically planning and management, to intervene tourists’ low carbon cognition through “attraction also community” ways, etc.


2016 ◽  
Vol 8 (7) ◽  
pp. 673 ◽  
Author(s):  
Lei Yang ◽  
Yiji Cai ◽  
Jiahui Hong ◽  
Yongqiang Shi ◽  
Zhiyong Zhang

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