scholarly journals Management of investment process in alternative energy projects

2019 ◽  
Vol 110 ◽  
pp. 02032 ◽  
Author(s):  
Olga Rostova ◽  
Svetlana Shirokova ◽  
Natalya Sokolitsyna ◽  
Anastasiia Shmeleva
Keyword(s):  
Alternative Energy ◽  
Business Models ◽  
Green Energy ◽  
Green Economy ◽  
Full Description ◽  
High Tech ◽  
Management Algorithm ◽  
Energy Projects ◽  
Green Business ◽  
Investment Process

The article is devoted to the problem of creating favorable conditions and incentives for attracting investments in alternative energy projects in the regions. An analysis of Russian practice in the field of “green” financing showed that individual projects are being effectively implemented, but there is no established mechanism for attracting investments for “green” energy projects in the regions. The implementation of high-tech projects requires large amounts of investment, but in most cases, “green” business models are of high-risk and require a set of additional measures and incentives. The study suggests approach to the management of investment processes in regional alternative energy projects in accordance with the concept of green economy, formulates management algorithm, and gives full description of each stage. This work recommendations and results can be used in needed regions investment attractiveness raise measures elaboration for alternative energy projects realization.

scholarly journals THE CURRENT SITUATION AND WORLD TRENDS OF GREEN ENERGY DEVELOPMEN

2020 ◽  
Vol 1(13) ◽  
pp. 55-60
Author(s):  
Kateryna Redko ◽  
◽  
Oleksandra Furs ◽  
Keyword(s):  
Renewable Energy ◽  
Natural Gas ◽  
Electricity Market ◽  
Alternative Energy ◽  
Green Energy ◽  
Green Economy ◽  
Practical Significance ◽  
Regulatory Function ◽  
Capital Costs ◽  
Alternative Sources

As demand for electricity grows significantly, the main drivers of new capacity are the disposal of older, less efficient fossil fuel units; the near-term prospect of having tax credits for renewable energy; and long-term reductions in capital costs for renewable energy, especially solar photovoltaic. Low natural gas prices and favorable renewable energy costs make natural gas and renewable energy the main sources of new generation capacity by 2050. The main purpose of the scientific article is to cover the main problems of the electricity market of Ukraine, to analyze the process of promotion of green energy, to highlight the cases when the transition to alternative sources is a profitable process, in the context of uncertainty and rising prices for traditional energy sources. The article uses a number of general scientific and specific research methods, including methods of analysis and synthesis, scientific deduction and induction. The practical significance of the research is to develop recommendations for improving the state's regulatory function in the field of alternative energy. The large-scale introduction of non-traditional renewable energy in Ukraine will make a significant step in reducing the country's energy dependency, protecting the environment and creating the conditions for a country to join the European community. The scientific novelty is to study the stimulation of energy production using alternative sources, to study the creation of favorable economic conditions for the construction of alternative energy facilities, the development of a "green" economy and to ensure sustainable development of Ukraine. Conclusions and prospects for further research. In Ukraine, the alternative energy sector is developing slowly, but some structural shifts are noticeable, though far from planned. Many small and medium-sized enterprises have already installed solar panels in order to reduce the cost of production and generate additional profits. Further research requires the search for tools and mechanisms in the RES incentive system, with an assessment of the economic impact of their use, using modeling and forecasting methods and models. Keywords: electricity market, energy efficiency, energy intensity of the economy, renewable energy, green tariff

scholarly journals Russian energy projects in South Africa

2020 ◽  
Vol 31 (3) ◽  
pp. 58-64 ◽  
Author(s):  
J. An ◽  
A. Mikhaylov
Keyword(s):  
South Africa ◽  
Renewable Energy ◽  
Green Energy ◽  
Management Decision ◽  
High Tech ◽  
Energy Technologies ◽  
Energy Projects ◽  
Energy Trade ◽  
Management Decision Making ◽  
The Cost

From early 2019, South Africa and Russia have planned to increase their energy trade. Russia can become one of the world’s five largest energy exporters. This study examines of the cost of a kilowatt of electricity generated by coal power projects in South Africa and compares nuclear electricity with other types of green energy. This method must help to improve the management decision-making process in South Africa for energy exporta. Reasons for this persistence include the marketing strategies of Russian companies for seeking new markets in industrialised and postindustrial countries where, due to intensive competition, sales of Russian high-tech products are often unsuccessful. Renewable energy gives a chance to potentially reduce poverty in South Africa. The study concludes that imported crude oil is more suited to the needs of the refining industry of South Africa. The consumption for this type of energy in areas not concerning industry is insignificant and its increase is unlikely to be observed in the future. Highlights• Nuclear energy is popular energy source in South Africa now.• Provision of sustainable energy services helps to find the sources for economic growth. • Renewable energy technologies have opportunity for reduce nuclear production in South Africa.• Bio-energy can become the main source of energy in South Africa.

scholarly journals Green Energy—Green for Whom? A Case Study of the Kabinakagami River Waterpower Project in Northern Canada

2021 ◽  
Vol 13 (16) ◽  
pp. 9445
Author(s):  
Stephen R. J. Tsuji ◽  
Dan D. P. McCarthy ◽  
Stephen Quilley
Keyword(s):  
Indigenous Peoples ◽  
Indigenous Communities ◽  
Green Energy ◽  
Environmental Conservation ◽  
Sustainable Growth ◽  
Green Economy ◽  
Hydroelectric Power ◽  
Northern Canada ◽  
Energy Projects

Green energy has become a term that heralds efforts of environmental conservation and protection worldwide; however, much of it is marred with questions of what it means to be green. More precisely, it has become a question of Green for whom? While many of the impacts of supposed green energy projects are local in their reach, some may be more regional in their scope, such as hydroelectric power. Hydroelectric power generation negatively impacts the environment and people who rely on the environment for sustenance, such as, Indigenous peoples of northern Canada. Taking into account their position with respect to the areas impacted by these green projects, many Indigenous peoples have voiced their concerns and doubts concerning green energy, which is purported to be a mode of energy production that champions the environment. The Kabinakagami River Waterpower Project serves as a case study for both the potential effects of the project and the different views associated with these endeavors. If nothing else, the accounts and testimonies found within shall stand as a testament to the hubris of calling an energy project green without properly assessing and considering the impacts. While these statements relate to the case presented, they also carry significance in the wider world due to the numerous Indigenous communities around the world that are having their spaces slowly being encroached upon in the name of sustainable growth, or green energy. This will especially be true in the post-COVID-19 period where green energy and a green economy are being touted as a way towards state and worldwide recovery.

scholarly journals Formation of institutional components of cooperative development of alternative energy in the agricultural sector of economy

Ekonomika APK ◽  
2020 ◽  
Vol 310 (8) ◽  
pp. 72-81
Author(s):  
Oleksandr Shpykuliak ◽  
Ilona Bilokinna
Keyword(s):  
Alternative Energy ◽  
Power Plants ◽  
Agricultural Sector ◽  
Green Energy ◽  
Green Economy ◽  
Practical Significance ◽  
Energy Sources ◽  
Renewable Sources ◽  
Alternative Energy Sources

The purpose of the article is to characterize the role of "green" cooperatives in the formation of institutional components of the development of alternative energy in the agricultural sector of the economy. Research methods. The article uses such a theoretical method as generalization during the study of the essence of the category of "green" energy cooperative. As well as the method of analysis in the process of considering the current state of development of alternative energy in Ukraine. In addition, an explanation method was used to study the role of "green" energy cooperatives in the development of alternative energy. Research results. The basic concept of "cooperation" and the derivative "energy cooperative" from the point of view of various authors are considered, the own explanation of the term "green" energy cooperative is given. The state of development of alternative energy in Ukraine is described. The trends of energy consumption based on renewable sources in the country for 2013-2018 are analyzed, according to which the share of energy supply from renewable sources is growing every year in 2018 with a rate of 4.6%. Motivations for active construction of solar power plants with the largest number of such in Dnipropetrovsk and Ternopil regions were noted. The institutional components of the development of alternative energy are noted, the emphasis is on "green" cooperatives. The main normative legal acts, ie formal institutions regulating renewable energy in the country, namely laws, orders, strategies are considered. An element of the institutional mechanism, such as organizations that control and structure the process of development of alternative energy sources, including in the agricultural sector of the economy, is analyzed. An example of successful experience of foreign countries in "green" energy cooperation, including the United Kingdom and Germany. Scientific novelty. The own explanation of the category "green" energy cooperatives "is formed. The importance of energy cooperatives in the development of the "green economy" in the agricultural sector of the economy is proved. Practical significance. The results of the study can be used to accelerate the further active development of "green" energy cooperatives, which will have a significant impact on increasing the production and consumption of alternative energy sources in rural areas, as well as reducing energy costs by farms and private farms. Tabl.: 1. Figs.: 2. Refs.: 23.

Modern Trends in the Production of Renewable Energy: the Cost Benefit Approach

2021 ◽  
pp. 6-17
Author(s):  
Leonid Hr. Melnyk ◽  
Larysa V. Shaulska ◽  
Olena I. Matsenko ◽  
Vladyslav S. Piven ◽  
Vladyslav V. Konoplov
Keyword(s):  
Renewable Energy ◽  
Alternative Energy ◽  
Power Plants ◽  
Fossil Fuels ◽  
Energy Use ◽  
Renewable Energy Sources ◽  
Cost Benefit ◽  
Green Energy ◽  
Green Economy ◽  
Energy Sources

In the article modern trends in the production of renewable energy were analyzed. It was determined that renewable energy sources have many undeniable advantages. First of all, they are much more environmentally friendly than traditional methods of generating energy based on the combustion of fossil fuels. Another advantage of renewable energy sources is their distribution. Unlike traditional energy fuel sources that units possess, renewable energy sources are available to most of the world's inhabitants. It was considered that today in the country there are a number of motivational tools that stimulate the development of green energy. It was proved that the ways of sustainization of the energy sector are associated with three main areas of energy use: electricity generation; heating and cooling of premises; driving vehicles. A system of subsidies for primary investments (purchase and installation of equipment), as well as the commercialization of «green» electricity (costs of entering the market, partial insurance of risks), is applied. It was determined that a separate page in the formation of alternative energy is the rivalry of two directions of its development, based on the creation of concentrated and deconcentrated (distributed) power plants. The first focuses on the concentration of production energy units (solar panels or wind turbines) in one area. The second direction is associated with the deconcentrating of energy sources, that is, the dispersal of individual capacities both across the territory and by forms of ownership. The transition to renewable energy sources is critical for most countries. This is one of the most important steps towards ensuring their energy independence and further restructuring of economic systems towards the formation of a «green» economy. It is gratifying that, along with other countries, Ukraine is making its efforts in this.

The Green Energy Act: Will Ontario Become the Next Germany?

2016 ◽  
Author(s):  
Melissa Ha
Keyword(s):  
Climate Change ◽  
Fossil Fuel ◽  
Green Energy ◽  
Green Economy ◽  
Incentive System ◽  
The Public ◽  
Energy Projects ◽  
Business Conditions ◽  
The Right ◽  
Sensitive Issues

Climate change and the depletion of fossil fuel are no longer a growing concern, but the most time‐sensitive issues facing the society.  In response to this, Ontario passed the Green Energy Act (GEA) intolaw in 2009 and introduced a number of initiatives to promote the “green economy” in the province,making it the first North American jurisdiction with an incentive system modelled after Germany’s feed‐in tariffs (FITs).  Many believe that the GEA will improve the business conditions for clean technologyendeavours in Ontario; nonetheless, others doubt that people will be susceptible to the higher energyprice and claim that now is not the right time.  This paper aims to critically assess the viability of themarket development for renewable energy as proposed by the GEA.  Considering that it is relatively earlyto make any conclusion, the first part of this paper provides a brief summary of what the GEA entails andcompares it with the case of another jurisdiction after which the GEA was modelled – namely, Germany.  In the second part, this paper closely examines the effects that the GEA has had on businesses in Ontario.  More specifically, analysis of ongoing “green energy” projects is provided based on interviews withindustry professionals in both the public and the private sectors in the province.

scholarly journals Mapping the Green Product-Space in Mexico: From Capabilities to Green Opportunities

2021 ◽  
Vol 13 (2) ◽  
pp. 945
Author(s):  
Carla Carolina Pérez-Hernández ◽  
Blanca Cecilia Salazar-Hernández ◽  
Jessica Mendoza-Moheno ◽  
Erika Cruz-Coria ◽  
Martín Aubert Hernández-Calzada
Keyword(s):  
Time Series ◽  
International Trade ◽  
Industrial Policy ◽  
Product Space ◽  
Business Models ◽  
Environmentally Friendly ◽  
Green Economy ◽  
Green Product ◽  
Economic Complexity ◽  
Green Business

The aim of this paper is to examine the current and potential capability to promote the green economy in Mexico, simultaneously detecting new opportunities for diversification and “green” productive sophistication so that Mexican entities can move toward environmentally friendly ecological products. For this, we adopted a novel methodology to measure the productive capabilities of the green economy in Mexico, thereby discovering the green product space at a subnational scale. Economic complexity methods were used to estimate the Green Complexity Index (GCI) and the Green Complexity Potential (GCP) for 32 Mexican regions considering a time series from 2004 to 2018 and a set of data on international trade in ecological products. The main findings are reflected in a grid of the Green Adjacent Possible (GAP) and a heatmap that shows the “grasslands” (current green products by state). The results are likely to influence industrial policy and state innovation agendas. A limitation of this work is that it is based only on data from the formal, industrial, and regulated economy. The originality lies in the fact that there were no previous studies in the context analyzed, and the fecundity of the research reflects the need to expand the study with a focus on green business models.

Renewable Energy on Tribal Lands: A Feasibility Study for a Biomass-to-Energy Plant on the Cocopah Reservation in Arizona

2019 ◽  
Vol 3 (1) ◽  
pp. 1-12
Author(s):  
Lauren K. D’Souza ◽  
William L. Ascher ◽  
Tanja Srebotnjak
Keyword(s):  
Renewable Energy ◽  
Alternative Energy ◽  
Renewable Energy Sources ◽  
The United States ◽  
Biomass Energy ◽  
Policy Support ◽  
Small Scale ◽  
Energy Plant ◽  
Energy Projects ◽  
Alternative Investment

Native American reservations are among the most economically disadvantaged regions in the United States; lacking access to economic and educational opportunities that are exacerbated by “energy insecurity” due to insufficient connectivity to the electric grid and power outages. Local renewable energy sources such as wind, solar, and biomass offer energy alternatives but their implementation encounters barriers such as lack of financing, infrastructure, and expertise, as well as divergent attitudes among tribal leaders. Biomass, in particular, could be a source of stable base-load power that is abundant and scalable in many rural communities. This case study examines the feasibility of a biomass energy plant on the Cocopah reservation in southwestern Arizona. It considers feedstock availability, cost and energy content, technology options, nameplate capacity, discount and interest rates, construction, operation and maintenance (O&M) costs, and alternative investment options. This study finds that at current electricity prices and based on typical costs for fuel, O&M over 30 years, none of the tested scenarios is presently cost-effective on a net present value (NPV) basis when compared with an alternative investment yielding annual returns of 3% or higher. The technology most likely to be economically viable and suitable for remote, rural contexts—a combustion stoker—resulted in a levelized costs of energy (LCOE) ranging from US$0.056 to 0.147/kWh. The most favorable scenario is a combustion stoker with an estimated NPV of US$4,791,243. The NPV of the corresponding alternative investment is US$7,123,380. However, if the tribes were able to secure a zero-interest loan to finance the plant’s installation cost, the project would be on par with the alternative investment. Even if this were the case, the scenario still relies on some of the most optimistic assumptions for the biomass-to-power plant and excludes abatement costs for air emissions. The study thus concludes that at present small-scale, biomass-to-energy projects require a mix of favorable market and local conditions as well as appropriate policy support to make biomass energy projects a cost-competitive source of stable, alternative energy for remote rural tribal communities that can provide greater tribal sovereignty and economic opportunities.

scholarly journals Editorial for Special Issue “Leaching of Rare Earth Elements from Various Sources”

Minerals ◽  
2021 ◽  
Vol 11 (2) ◽  
pp. 164
Author(s):  
Kenneth N. Han
Keyword(s):  
Rare Earth ◽  
Rare Earth Elements ◽  
High Strength ◽  
Green Energy ◽  
High Tech ◽  
Special Issue ◽  
Important Group ◽  
Military Applications

Rare earth elements (REEs) have become an important group of metals used in many high-tech industries, including high-strength magnets, plasma TVs, various military applications, and clean and efficient green energy industries [...]

scholarly journals An innovative method for creating and using nanoparticles for gas extraction from gas hydrates

2019 ◽  
Vol 123 ◽  
pp. 01003
Author(s):  
Volodymyr Bondarenko ◽  
Olena Svietkina ◽  
Kostiantyn Prokopenko ◽  
Baochang Liu
Keyword(s):  
Gas Hydrates ◽  
Alternative Energy ◽  
The United States ◽  
Investment Climate ◽  
Scientific Institutions ◽  
Energy Projects ◽  
The World ◽  
The Face ◽  
Legislative Support ◽  
Alternative Sources

The growth of prices for traditional energy sources prompts Ukraine to seek new approaches to solving energy problems. Today, the country has intensified its work in this direction, in particular, legislative support is being developed and improved, and the investment climate for alternative energy projects is improving. In many countries of the world, it has long been understood how serious and necessary is the development of alternative energy. At present, in the face of various gas contradictions and unstable oil prices, the need for energy carriers is constantly increasing, which makes it necessary to seek the latest solutions to the energy problem. Many leading countries in the world are engaged in the search for alternative sources of energy, one of which is natural gas hydrates. This relatively new resource offers great opportunities both for economic growth and stability of states, and for the development of scientific institutions in this field. Flagships in the study and development of gas-hydrated deposits are the United States, China, Japan and Canada. Along with them should be noted the achievements of scientists in India, EU countries, Ukraine, Russia and Bulgaria.

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