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Books > Professional & Technical > Energy technology & engineering > Alternative & renewable energy sources & technology
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Energy Transition - Financing Consumer Co-Ownership in Renewables (Hardcover, 1st ed. 2019)
Loot Price: R5,074
Discovery Miles 50 740
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Energy Transition - Financing Consumer Co-Ownership in Renewables (Hardcover, 1st ed. 2019)
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Consumer (co-)ownership in renewable energy (RE) is essential to
the overall success of Energy Transition. In June 2018, the
European Union agreed on a corresponding enabling framework as part
of a recast of the Renewable Energy Directive (RED II). The
transposition of these comprehensive rules - in particular those on
local RE communities - requires developing, implementing and
rolling out business models that broaden the capital participation
of consumers. The challenge is to include municipalities and/or
commercial investors like SMEs and advance to economies of scale
while retaining the benefits of individual consumer participation.
This book is addressed to energy consumers in local communities,
their municipalities and to the policy makers who represent them.
Additionally, non-EU countries, in particular those where rural
areas have limited access to energy, e.g. in Asia, Africa and Latin
America, may be interested in the benefits of consumer ownership.
While demand for energy in developing countries is growing, access
to energy is crucial for improving the quality of life. The editor
of this book presents a new model of consumer ownership in RE for
both the EU and countries worldwide. Part One describes the
rationale for consumer ownership in RE with regard to social,
organizational, legal and financial conditions. Part Two discusses
the issue of financing RE and introduces a new financing technique,
the Consumer Stock Ownership Plan (CSOP), comparing it to
traditional models. Part Three provides 18 country studies from
Europe, North America, South America and Asia, organized so as to
enable a cross-country comparison of policy approaches and
feasibility. Policy recommendations are based on the results of
this survey. Part Four summarizes, compares the best practice
cases, presents a cost-benefit analysis of "prosumage" and against
this background evaluates the impact on future policy.
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