scholarly journals Overview of Economic Viability and Social Impact of Renewable Energy Deployment in Africa

2018 ◽  
pp. 59-70 ◽  
Author(s):  
A. Khellaf
Keyword(s):  
Renewable Energy ◽  
Social Impact ◽  
Economic Viability

scholarly journals The common energy market of the European Union – utopia or reality?

2017 ◽  
Vol 11 (1) ◽  
pp. 93-102 ◽  
Author(s):  
Ana-Maria Iulia Şanta
Keyword(s):  
European Union ◽  
Renewable Energy ◽  
European Commission ◽  
Social Impact ◽  
Clean Energy ◽  
Energy Market ◽  
The European Union ◽  
Legal Provisions ◽  
Energy Union ◽  
The Common

Abstract The European Commission has the initiative to foster the sector of renewable energy and to build an Energy Union, with a common energy market at the level of the European Union, but is this only an utopic vision or is this possible to achieve? The topic of clean energy is very new and of great interest for the European Union, which is shown by the fact that the European Commission recently adopted on the 30th November 2016 the package “Clean Energy for All Europeans”, which contains proposals for the modernization of the energy market at the level of the European Union. But which are the challenges such a project is confronted with? According to the literature, such challenges are related to the process of liberalization of electricity markets. Conflicts between national interest and international actors of the energy market might occur. Due to the oligopolistic structure of the energy market, there are several barriers to the market entry. In order to answer to the research questions, case studies regarding the liberalization of the energy market will be analyzed in a comparative manner, offering an international overview. Furthermore, the legal provisions on which the common energy policy of the European Union relies, will be analyzed, as well as their economic and social impact. The package “Clean Energy for All Europeans” comprises a proposal of the revised Renewable energy Directive, energy efficiency measures and issues related to the Energy Union Governance. It contains as well proposals for the electricity market design, which will be analyzed and the present paper outlines the contribution of this proposal in building a common energy market of the European Union. What role does competition play in implementing the common energy market of the European Union? Which role do competition authorities have in this context? These are interesting aspects to be analyzed in the present paper.

14 International Projects—Sector Focus

2019 ◽  
Author(s):  
Davies Aled ◽  
Orme James
Keyword(s):  
Renewable Energy ◽  
Nuclear Power ◽  
Social Impact ◽  
Oil And Gas ◽  
Power Markets ◽  
Risk Allocation ◽  
Market Risks ◽  
Sales Contracts ◽  
Resource Nationalism ◽  
International Projects

This chapter discusses the key features of project financing in the following sectors: oil and gas mining, conventional power, renewable energy, and nuclear power. The chapter is organized as follows. Section A on oil and gas covers project structuring, sales contracts, key risks in an oil and gas project, and financial considerations. Section B on mining covers environmental and social impact, completion risk, reserve estimates and market risks, resource nationalism and political risk, terms of a mining financing; and steaming agreements, royalty agreements, and other alternative finance options. Section C on conventional power covers the IPP model, an overview of power markets, IPP risk allocation and contractual structure, key risks in an independent power project, and financing considerations. Sections D and E cover renewable energy and nuclear power projects, respectively. Section F focuses on the development and financing of public infrastructure and public private partnership (PPP) projects.

scholarly journals The Common Energy Market of the European Union–Challenges and Perspectives

2017 ◽  
Vol 12 (2) ◽  
pp. 334-345
Author(s):  
Ana-Maria Iulia Şanta
Keyword(s):  
European Union ◽  
Renewable Energy ◽  
European Commission ◽  
Social Impact ◽  
Clean Energy ◽  
Energy Market ◽  
The European Union ◽  
Legal Provisions ◽  
Energy Union ◽  
The Common

Abstract The European Commission has the initiative to foster the sector of renewable energy and to build an Energy Union, with a common energy market at the level of the European Union, but is this only a utopic vision or is this possible to achieve? The topic of clean energy is very new and of great interest for the European Union, which is shown by the fact that the European Commission recently adopted on the 30th November 2016 the package “Clean Energy for All Europeans”, which contains proposals for the modernization of the energy market at the level of the European Union. But which are the challenges such a project is confronted with? According to the literature, such challenges are related to the process of liberalization of electricity markets. Conflicts between national interest and international actors of the energy market might occur. Due to the oligopolistic structure of the energy market, there are several barriers to the market entry. In order to answer to the research questions, case studies regarding the liberalization of the energy market will be analyzed in a comparative manner, offering an international overview. Furthermore, the legal provisions on which the common energy policy of the European Union relies, will be analyzed, as well as their economic and social impact. The package “Clean Energy for All Europeans” comprises a proposal of the revised Renewable energy Directive, energy efficiency measures and issues related to the Energy Union Governance. It contains as well proposals for the electricity market design, which will be analyzed and the present paper outlines the contribution of this proposal in building a common energy market of the European Union. What role does competition play in implementing the common energy market of the European Union? Which role do competition authorities have in this context? These are interesting aspects to be analyzed in the present paper.

Scenarios for the Peruvian Rural Electrification Program

2005 ◽  
Author(s):  
Pedro Mendoza G. ◽  
Maximiliano Arroyo U. ◽  
Wilson Jime´nez
Keyword(s):  
Renewable Energy ◽  
Low Income ◽  
Social Impact ◽  
Significant Risk ◽  
Energy Systems ◽  
Biomass Energy ◽  
Rural Electrification ◽  
Small Scale ◽  
Private Investors ◽  
Renewable Energy Generation

The rural electrification program initiated in Peru in order to achieve the 2012 rural electrification target was developed to forecast energy systems from both conventional and renewable resources. This program has proposed three scenarios for gradual increasing of the amount of renewable energy generation (36% of the 2012 target). However, it’s necessary to analyze the situation because the renewable energy rural market shows a low income for private investors although it has a high social impact. So, there is still significant risk for the development of renewable energy systems that could be minimized by using decentralized biomass energy systems with the application of small-scale-technologies.

scholarly journals Analysis-based results on the delineation of prearrangement areas for marine renewable energy installations in the Western Black Sea Basin

2018 ◽  
Vol 51 ◽  
pp. 01009
Author(s):  
Razvan Mateescu ◽  
Elena Vlasceanu ◽  
Liliana Rusu
Keyword(s):  
Renewable Energy ◽  
Black Sea ◽  
Large Scale ◽  
Social Impact ◽  
Coastal Zone Management ◽  
Coastal Processes ◽  
Coastal Protection ◽  
Marine Renewable Energy ◽  
Zone Management ◽  
Selection Of

The selection of optimum places for installations and suitable solutions for the use of marine renewable energy requires a complex approach as well as a longer period of time and a spatial scale hydrodynamic characterization, which time-limited and local studies are incapable to provide. To that end, the complex monitoring and modelling approach on the evolution of large-scale marine and coastal processes in response to both direct and indirect human intervention and to natural phenomena variability is an increasingly important issue in the Integrated Coastal Zone Management (ICZM) and MSP implementation, all over the world. The installation of wave/currents devices within coastal and marine areas involves the knowledge of the physical, economic and social impact of the continuous modification of the marine hydrodynamics, due to the new changes induced in the marine climate. The present work adequately takes into account the combined results of Marine Spatial Planning Directive applications within Western Black Sea Basin (WBSB). The MSP approach allows the selection of efficient areas for the installation of marine waves and currents devices converters (WECs), in relation with the potential environmental impact of adjacent MPAs, taking into account the induced strong variability of renewable devices/convertors on the coastal processes. Recommended areas for the installation of the above-mentioned devices within highly energetic areas asked for a proper response in order to develop a detailed delineation targeting a sustainable coastal protection.

scholarly journals Analysis of economic viability with the use of monte carlo simulation for microgeneration of photovoltaic energy

2019 ◽  
Vol 10 (3) ◽  
pp. 1000 ◽  
Author(s):  
José Antonio De Miranda Lammoglia ◽  
Nilson Brandalise
Keyword(s):  
Monte Carlo Simulation ◽  
Monte Carlo ◽  
Renewable Energy ◽  
Renewable Energy Sources ◽  
Photovoltaic System ◽  
Economic Viability ◽  
Hydroelectric Energy ◽  
Consumer Perspective ◽  
Output Probability ◽  
Support Decision Making

A series of public policies are being adopted worldwide to seek greater participation of renewable energy sources in the energy matrix. Brazil is a country that has a predominantly renewable energy source, with hydroelectric energy being responsible for the largest portion, but with enormous potential to be exploited for solar energy. The objective of this study was to carry out an analysis of the economic viability of a photovoltaic matrix in the distributed microgeneration model from the residential consumer perspective. Through the Monte Carlo simulation, 10.000 iterations were performed and the NPV was calculated in each of them, then counted to recover the corresponding output probability distribution and verified the NPV probability to be greater than zero. The developed method has proved to be a reliable tool to support decision making and can be applied to several scenarios. The scenario adopted for the design of the photovoltaic system presented a 95.2% probability of returning with an NPV above zero and this makes it economically feasible. The main contribution of this paper is the replicability of the methodology used for other economic analysis studies.

Navigating Environmental Approval Pathways for Deep Seabed Mining Projects in Areas Beyond National Jurisdiction (the Area)

2021 ◽  
Vol 55 (6) ◽  
pp. 31-39
Author(s):  
David Gwyther
Keyword(s):  
Renewable Energy ◽  
Environmental Impact ◽  
Social Impact ◽  
Environmental Impact Statement ◽  
Social Impact Assessment ◽  
National Jurisdiction ◽  
Standards And Guidelines ◽  
Mining Projects ◽  
Deep Seabed Mining ◽  
Seabed Mining

Abstract Deep-seabed mining (DSM) is a developing industry with high potential to help meet the metal demand for the transition to a renewable energy world. No DSM projects have yet received environmental approval, although several are in progress, following the Environmental and Social Impact Assessment (ESIA) process that has been developed and widely applied for projects in national jurisdictions. Currently, the International Seabed Authority's (ISA) regulations, standards, and guidelines for mineral exploitation of seabed minerals in the Areas Beyond National Jurisdiction (the Area) are in draft form. Proponents are guided in their ESIA studies by the ISA's Recommendations for the Guidance of Contractors for the Assessment of the Possible Environmental Impacts Arising From Exploration for Marine Minerals in the Area and are proceeding in expectation that the currently draft regulations will be finalized by the time an environmental impact statement can be submitted. This paper discusses the pathways leading to environmental assessment and approvals, comparing the processes in national jurisdictions with those for projects in the Area.

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