Availability and access of financial support for renewables: issues and an illustrative innovation

This paper examines issues related to increasing the market penetration of renewable forms of energy in developing countries. It particularly focuses on availability and access of financial support for investments relating to renewable energy and a case study is presented illustrating innovative financing. While the main focus of the discussion is on renewable energy (RE) attention is also devoted to energy efficiency (EE) projects and investment. An underlying premise is that, if RE projects are to reach their market potential, they must be fiscally sustainable and the appropriate promotion of such fiscally sustainable RE projects yields multiple environmental and developmental synergies. Commercial viability is not primarily a question of technology. There is a broad range of RE products with proven performance and commercial operation in selected market situations. The challenge of extending this market penetration is to establish the institutional, organizational and financial conditions under which a commercial market for these products can develop, particularly in developing countries. This article reflects current emphasis on increased private participation in the energy sector, as well as policy reform at the national level.     

Drivers of social equity in renewable energy at the municipal level: the case of local Japanese energy policy and preferences

ABSTRACT

Recent research has allowed us to quantify the costs and benefits of adopting renewable energy in specific municipalities, but how do these outcomes vary among communities at the national scale? This study uses survey responses from 47 Japanese municipalities to model these impacts and identifies key technological, social, and demographic factors that shape which communities benefit more from the renewable energy transition. On average, introducing renewable energy improves social equity, any financial burden on electricity prices is born most by wealthier residents, not the poor, and towns are predisposed to benefit from renewables no matter the amount introduced. To improve these impacts, towns can increase the amount of solar they host, or they can adjust the amount of CO2 emissions, PM emissions, tax revenue, jobs gained, or unpopular renewable power plants in their town. However, preferences and demographics matter as well. Age, education, and local preferences in favor of employment and community development all significantly relate to equity potential outcomes. Policymakers should consider adjusting their local energy priorities using these levers if they hope to engineer a renewable energy transition that is both positive and popular for their constituents.     

Looking beyond incentives: the role of champions in the social acceptance of residential solar energy in regional Australian communities

Research into renewable energy adoption is increasingly identifying that the successful implementation of renewable energy projects is influenced by a combination of market, community and socio-political acceptance of renewable energy technology. This research uses case studies in two regional Australian communities to examine the social acceptance of residential solar energy, in particular under the influence of financial incentives and social interactions. Fifty-five semi-structured interviews with members of the local community, industry and government were undertaken between May and October 2015. Respondents were asked about their perceptions and knowledge of solar energy and incentives to support its adoption, and their interactions with actors important in the diffusion process. Responses indicated that financial incentives motivated solar adoption; however, social interactions in the communities also contributed to decision-making. In one case study, a local “solar champion” built a private solar farm to demonstrate the technical feasibility of solar, assisted community members with physically installing their own systems and helped community members to maximise the financial benefits of their solar installations. This solar champion contributed to this community having an earlier and more rapid rate of small-scale solar adoption compared with the second case study community. The second case study community included two individuals interested in promoting solar energy; however, they were less integrated with the community’s process of adopting solar, resulting in community members experiencing substandard installations and consequent distrust of the solar industry. This research concludes that local context influences solar adoption through complex interactions among market, community and socio-political acceptance.     

碳达峰碳中和目标下可再生能源产业财税金融支持政策研究

能源作为经济社会发展的重要物质基础,也是碳排放的主要来源,推动能源结构调整、大力发展可再生能源产业是实现碳达峰碳中和目标的必然要求。为了促进可再生能源产业发展,国家实施了一系列财税宏观调控政策。本文在梳理政策现状的基础上,对存在的问题进行了识别,包括弃风弃光现象影响财政资金使用效益、可再生能源电价补贴不到位、财税优惠政策形式相对单一、优惠政策执行的配套机制不足等。从建立、完善可再生能源电力消纳保障机制,多种渠道解决可再生能源补贴缺口问题,进一步完善税收优惠政策,适时优化调整财政支持政策,与其他政策协同发挥作用等方面提出了政策优化建议。     

新形势下河北省农村可再生能源管理与政策研究

我国农村可再生能源发展面临生态文明建设、能源安全趋紧、大气污染严重等新的形势变化。作为农业大省,河北省近年来农村可再生能源发展与管理成绩显著,为改善农民生活、保护生态环境、增加能源供应、促进经济社会发展等做出了积极贡献。但新形势下,其农村可再生能源管理也暴露出了思想认识不足、部分法规政策滞后、缺乏宏观科学规划、资金筹措机制单一、后续监督管理不够等问题,需要从加强宣传教育、提高认识水平,完善规章制度、形成法律体系,制定科学规划、明确目标计划,拓宽融资渠道、稳定资金支持、完善服务体系、加强后续管理等方面完善管理与政策,以推进其健康持续发展。     

The value of mixed method content analysis for understanding renewable energy deployment and policy outcomes

Transitioning to renewable energy has become a global phenomenon. Attempts to explain development patterns are often fragmented, focusing on specific rationale for (un)successful deployment or the perspective of specific stakeholders. We recognize the importance for holistic insights for successful and effective environmental policy-making and planning in the context of renewable energy development. Using wind energy as an example, this paper provides methodological toolkits for utilizing content analysis (CA) to gain more holistic insights on renewable energy deployment and policy outcomes. Building on existing literature, past and ongoing research, three variations of CA are presented for understanding stakeholder conflicts surrounding wind energy development as well as public perceptions and responses to the technology across space and over time. Although newspapers are used as an example, these methodological protocols could be applied to diverse forms of data such as interviews, policy documents, reports, public meetings and letters of appeal.     

Discourses of on-farm wind energy generation in the UK farming press

As the owners of the majority of land in the U.K., farmers are well placed to contribute to renewable energy targets. Media coverage can both drive and reflect farmers’ views about renewable energy but has been largely unexplored to date. This article uses discourse analysis to examine the evolution of coverage of one form of renewable energy – on-farm wind – in the U.K. farming press from 1980 to 2013. We identified a diverse debate with five major discourses. On-farm wind turbines are alternatively represented as: profitable farm diversification opportunities; producers of clean energy; important for rural development and sources of conflict. Although press coverage predominantly encourages wind energy production, a further discourse advises farmers to ‘Proceed with Caution’. While emphasising images and values which have widespread affinity among U.K. farmers, the press have increasingly employed an economic frame, constructing wind energy generation as a farm diversification strategy. The most recent farming press coverage predominantly encourages an instrumental approach to wind energy, crowding out other (non-economic) rationales and marginalising local community concerns. This appears to reflect the financial orientation of recent policy support (particularly Feed-in Tariffs), and may have long-term costs in enabling sustainable energy production systems.     

Renewable energy and sustainable development in the Pacific Islands: an issue of international aid

This paper discusses international aid issues related to energy supply and sustainable development in the Pacific Islands. Certain foreign donors have focused their aid to the region mainly on poverty alleviation, and have failed to support critical sectors, such as the energy sector, which is one of the main driving forces in socio-economic development. As an example, this paper analyses the international aid program of Australia for renewable energy in the Pacific Island region. It is recommended that, in future, foreign aid take up the challenge of promoting recipient countries' capabilities in sustainable development. A key strategy to be adopted by foreign aid should be strengthening recipients' energy sectors, particularly renewable energy systems. It is argued that this approach will assist the long-term socio-economic development and environmental management of the region.     

Financing energy development in the 1990s

Energy finance has resurfaced as a major issue in energy and energy policy debates. These concerns arise from the recent dismal performance of the private oil industry, and the growing financial demands of the former Soviet Union and other emerging markets. These growing financial imbalances are seen as jeopardizing the continued smooth growth of the world's petroleum industry. However, this paper stresses that the financial difficulties being experienced by publicly held oil companies are due, primarily, to the current economic recession. As economic growth recovers, and owing to recent substantial cost reductions, the balance sheets of the private oil industry will improve. Among state energy companies, recent structural and financial reforms mean that such companies will be able to retain more cash flow than was true historically. Moreover, many national oil companies are again able to access funds on international financial markets and generally at increasingly attractive spreads. And finally, there is the growing importance of financial innovation that is already having a positive impact on the level and pace of petroleum development worldwide.     

Perspective on multi-scale assets for clean energy technologies in buildings

Optimizing high-value energy efficiency and renewable energy in multi-scale systems that include buildings provides energy savings, energy reliability, indoor health and power quality, among other benefits. These benefits are not easily accounted for in traditional energy budget analysis, and their monetization is not included in typical cost-benefit calculations. Popular belief is that higher use of energy efficiency reduces return on investment (ROI) and that inclusion of renewable energy further reduces ROI. In fact, optimization of higher degrees of energy efficiency with on-site renewable has significantly greater positive economics. This is due to several factors including the aging electric grid—statistically having more and longer electric outages—and extremely poor electric power quality (electric surges, sags and transients) that wreaks havoc on digital equipment. Additionally, weather patterns are becoming more intense, stressing the wired electric system and fuel pipelines. As costs for energy efficiency and renewable energy are reduced and as these systems become more standardized and modular, it is more practical to begin utilizing these advances to increase operational resilience and make energy costs more predictable over longer periods.     

Income,environmental considerations,and sustainable energy consumption in Africa

Evidence on income as a crucial driver of renewable energy consumption in Africa is mixed. But hydropower accounts for over 90% of renewable energy in sub-Sahara Africa alone. Yet, empirical evidence suggests that hydropower may not be as environmentally sustainable as believed and, as a legacy source of energy in Africa, may not accurately reflect attitudes on renewable energy motivated by environmental concerns. This paper examines the role played by economic performance in the rising sustainable energy consumption in Africa, focusing on the renewable energy sources that are compatible with sustainable development. The difference generalized method of moments, fully modified ordinary least squares, and dynamic ordinary least squares are employed to estimate the statistical significance of income, environmental sustainability proxy, and prices as important drivers of sustainable energy consumption in a panel of 10 African countries for the period 2000–2011—a time frame characterized by a rapid rise in renewables as a priority in environmental policy. With timing and measurement considerations on sources of renewables, results indicate that in contrast to recent literature, the rise in sustainable energy consumption in Africa is strongly driven by rising domestic incomes. In line with literature, however, there is a generally positive, albeit statistically insignificant relationship between sustainable energy consumption and levels of carbon emissions. Oil prices in real terms also correlate with sustainable energy consumption. Available data also show that countries with low energy security also coincidentally tend to have high small hydropower capacity, providing potential for sustainably reducing energy insecurity.     

(Not) talking about justice: justice self-recognition and the integration of energy and environmental-social justice into renewable energy siting

Renewable energy often provokes heated debate on climate change, energy security and the local impacts of developments. However, how far such discussions involve thorough and inclusive debate on the energy and environmental-social justice issues associated with renewable energy siting remains ambiguous, particularly where government agendas prioritise renewable energy and planning systems offer limited opportunities for public debate on value-based arguments for and against renewable energy developments. Using the concept of justice self-recognition, we argue for greater attention to public discussion of the justice dimensions of renewable energy to assist in developing mechanisms to integrate distributive and procedural fairness principles into renewable energy decision-making. To explore how justice is currently invoked in such contexts, we examine recent U.K. policies for renewable energy and public submissions to applications for small-scale wind energy projects in Cornwall, U.K. The analysis of public comments revealed that justice concerns were rarely discussed explicitly. Comments instead did not raise concerns as justice issues or focused implicitly on distributive justice, stressing local aesthetic, community and economic impacts, clean energy and climate change. However, the findings indicated limited discussion of procedural or participatory justice, an absence that hampers the establishment of coherent procedures for deciding acceptable impacts, information standards, public participation and arbitrating disputes. We conclude by suggesting procedural reforms to policy and planning to enable greater public expression of justice concerns and debate on how to negotiate tensions between energy and environmental-social justice in renewable energy siting decisions.     

Community-based energy policy: A practical approach to carbon reduction

Whilst the existence of global climate change is no longer seriously contested and most governments are seeking to adopt appropriate responses, the rate of engagement with these measures is slow. Top-down policies and reliance on market mechanisms are failing to produce the reductions in energy demand and shifts away from fossil fuel reliance that are required. This paper outlines an example of a research programme that seeks to deliver more rapid change. It focuses on the potential for carbon emission reduction in a deprived community in South Yorkshire, UK, and reports on an approach that could be replicated elsewhere. The method includes estimation of baseline energy demand, energy efficiency potential and renewable energy resource assessment as a precursor to action. An innovative community-based energy service company is described and the benefits of a community-based bottom-up approach to carbon reduction are outlined.     

Sustainable energy development in rural Asia

In considering the prospects for sustainable energy, most studies have focused on developments in the urban and industrial areas. However, in Asia where the bulk of the population continues to live in rural areas, it is essential to monitor the changes occurring in the countryside. Therefore, this paper examines the developments taking place in rural energy in Asia in general and focuses specifically on the situation in China. It is observed that a total reorganization of the energy picture is occurring in rural China with regard to both conventional and non-conventional energy, as a result of the huge market for power and fuel created by rapid economic growth. This has led to new distribution networks for electricity (with the Chinese Government following the example of the US Rural Electrification Administration), fossil fuels and renewable energy systems. The growing affluence of the population coupled with rapid industrialization is producing far-reaching changes in the transportation structure as well as in the household energy structure. The situation in China is seen to be comparable to that in other East and Southeast Asian countries, particularly those which combine a rapidly growing industrial sector with a large rural population engaged in agriculture, such as the Republic of Korea, Thailand, and Indonesia.     

Renewable energy programmes in India

There is increasing optimism regarding the possible role that renewable energy technologies can play in the coming decade in the energy sector in India. Some recent developments and trends within the renewable energy sector that are responsible for this optimism, and the likely investments of the order of US$1210 million in the next four to five years, are discussed. The paper includes discussion of the recent changes in the implementing institutions, innovation in financing renewable technology investments, and a shift from financial to fiscal incentives. In addition, wind power generation, small hydro, photovoltaic and gasifier programmes are analysed in some detail.     

Renewable energy projects

The promotion of renewable energy during the last decade did not result in widescale application of the technology. In many cases, technologies were promoted before they were commercially viable or were inappropriately selected for the particular end-use application. In other cases, a lack of local technical expertise and support infrastructure was absent to sustain the technology once it had been placed in the field. There was also a loss of donor interest and funding for renewables concomitant with the decline in oil prices. This paper attempts to summarize lessons learned from this decade of experience with renewable energy and to offer criteria and suggestions for future activities in transferring renewable energy technology.     

Local aspects of UK renewable energy development: exploring public beliefs and policy implications

Despite several recent UK initiatives to promote renewable energy development at the local level, little research has been carried out to investigate public beliefs about aspects of local renewable energy development. This research attempted to address this gap. Empirical data were collected at the Awel Aman Tawe development in South Wales immediately before and after a public participation process. The results indicate that support for specific aspects of local energy development (partnership with local communities, local use of generated energy and profits put back into the local community) was consistently high across time, with support for local ownership at a slightly lower level, yet still high. Secondly, socio-demographical analyses indicated that personal factors such as respondents' age, gender and employment status were important in shaping several of these beliefs. Since UK renewable energy development has often been controversial and subject to delay, results suggest that the adoption of a locally embedded development approach by public and private sector stakeholders will be strongly supported by local people. The implications of the results are discussed in relation to existing industry best practice guidelines and recent policy initiatives.     

Local aspects of UK renewable energy development: exploring public beliefs and policy implications

Despite several recent UK initiatives to promote renewable energy development at the local level, little research has been carried out to investigate public beliefs about aspects of local renewable energy development. This research attempted to address this gap. Empirical data were collected at the Awel Aman Tawe development in South Wales immediately before and after a public participation process. The results indicate that support for specific aspects of local energy development (partnership with local communities, local use of generated energy and profits put back into the local community) was consistently high across time, with support for local ownership at a slightly lower level, yet still high. Secondly, socio-demographical analyses indicated that personal factors such as respondents' age, gender and employment status were important in shaping several of these beliefs. Since UK renewable energy development has often been controversial and subject to delay, results suggest that the adoption of a locally embedded development approach by public and private sector stakeholders will be strongly supported by local people. The implications of the results are discussed in relation to existing industry best practice guidelines and recent policy initiatives.     

德国可再生能源开发与利用现状及促进措施

德国可再生能源开发与利用在法律制度上形成了联邦法规促进体系,德国政府就可再生能源发展出台了融资、科研支持等一系列促进措施,可再生能源技术的发展和应用以较快的速度实现了市场化和商业化,并以此促进实现温室气体减排、促进经济增长、增加就业和促进关联高技术产业发展。德国近年来已实施的可再生能源发展政策环境、措施和经验值得我们借鉴。