scholarly journals An Investigation of Factors Affecting the Willingness to Invest in Renewables among Environmental Students: A Logistic Regression Approach

2019 ◽  
Vol 11 (18) ◽  
pp. 5012 ◽  
Author(s):  
Evangelia Karasmanaki ◽  
Spyridon Galatsidas ◽  
Georgios Tsantopoulos

Renewable energy sources (RES) have gained increased popularity across the world mainly due to their ability to contribute to environmental protection through the generation of infinite ‘clean’ energy. To achieve a greater diffusion of renewables, however, small-scale investments implemented by individuals are critically important. In contrast to citizens whose attitudes have been consistently explored by research, there is little evidence on the attitudes towards investments among environmental students who will occupy positions of responsibility and play key roles in the environmental sector in the future. Hence, the purpose of the present study is to identify the most important factors that affect environmental students’ willingness to invest in renewable energy (RE) by developing a logistic regression model. According to our analysis, the participants in their majority expressed their willingness to invest, while environmental values, the low risk and profitability of renewable investments, as well as preferences for certain energy types were significant factors determining this willingness. However, willingness to invest was irrespective of the current taxation and subsidies, suggesting that significant improvements are required in these areas. The present study could be particularly useful for policymakers since the necessary steps to create favorable investment environments in Greece and elsewhere are highlighted.

Author(s):  
Archana Sudhakar Talhar ◽  
Sanjay B. Bodkhe

This paper gives a review of energy scenario in India and other countries. Today’s demand of the world is to minimize greenhouse gas emissions, during the production of electricity. Henceforth over the world, the production of electrical power is changing by introducing abundantly available renewable energy sources like sun and wind. But, because of the intermittent nature of sustainable power sources, the electrical power network faces many problems, during the transmission and distribution of electricity. For resolving these issues, Electrical Energy Storage (EES) is acknowledged as supporting technology. This paper discusses about the world electrical energy scenario with top renowned developed countries in power generation and consumption. Contribution of traditional power sources changed after the introduction of renewable energy sources like sun and wind. Worldwide Agencies are formed like International Energy Agency (IEA), The Central Intelligence Agency, (CIS) etc. The main aim of these agencies is to provide reliable, affordable and clean energy. This paper will discuss about the regulatory authority and government policies/incentives taken by different countries.  At the end of this paper, author focuses on obstacles in implementation, development and benefits of renewable energy.


2020 ◽  
Vol 2020 ◽  
pp. 1-7
Author(s):  
Engin Ozakin ◽  
Arif Alper Cevik ◽  
Filiz Baloglu Kaya ◽  
Nurdan Acar ◽  
Fikri M. Abu-Zidan

Background. Emergency physicians (EPs) face critical admission decisions, and their judgments are questioned in some developing systems. This study aims to define the factors affecting mortality in patients admitted to the hospital by EPs against in-service departments’ decision and evaluate EPs’ admission diagnosis with final discharge diagnosis. Methods. This is a retrospective analysis of prospectively collected data of ten consecutive years (2008–2017) of an emergency department of a university medical center. Adult patients (≥18 years-old) who were admitted to the hospital by EPs against in-service departments’ decision were enrolled in the study. Significant factors affecting mortality were defined by the backward logistic regression model. Results. 369 consecutive patients were studied, and 195 (52.8%) were males. The mean (SD) age was 65.5 (17.3) years. The logistic regression model showed that significant factors affecting mortality were intubation (p<0.0001), low systolic blood pressure (p=0.006), increased age (p=0.013), and having a comorbidity (p=0.024). There was no significant difference between EPs’ primary admission diagnosis and patient’s final primary diagnosis at the time of disposition from the admitted departments (McNemar–Bowker test, p=0.45). 96% of the primary admission diagnoses of EPs were correct. Conclusions. Intubation, low systolic blood pressure on presentation, increased age, and having a comorbidity increased the mortality. EPs admission diagnoses were highly correlated with the final diagnosis. EPs make difficult admission decisions with high accuracy, if needed.


Author(s):  
Troy V. Nguyen ◽  
Aldo Fabregas Ariza ◽  
Nicholas W. Miller ◽  
Ismael Cremer

Airports are key components of the global transportation system and are the subject of continuous sustainability improvements. Promoting clean energy sources and energy-efficient practices can help attain major sustainability goals at airports around the world. Although small airports are greater in number, most of the “sustainability” attention has been given to large airports. Small airports are typically located in rural areas, making them excellent candidates for renewable energy. This paper focuses on the planning and selection of renewable energy systems as a strategic method to reduce energy use and increase electric power reliability at small-scale airport facilities. The target system may use a combination of renewable energy sources to produce electrical power for the on-site facilities. The framework details include methods of energy collection, power production, and energy storage that are environmentally sound. A small airport serving a dual role as a flight training facility was used as case study. In the case study, systems engineering methodology was adapted to the small airport/ renewable energy domain in order to effectively identify stakeholders and elicit user requirements. These, coupled with industrial standards, relevant government regulations, and a priori constraints, are used to derive the initial requirements that serve as the basis for a preliminary design. The proposed framework also contains provisions for an on-site assessment of existing airport energy needs, sources, providers, and location-specific assets and challenges.


2021 ◽  
Vol 13 (7) ◽  
pp. 3636
Author(s):  
Balázs Kulcsár ◽  
Tamás Mankovits ◽  
Piroska Gyöngyi Ailer

In addition to the examination of electric power from local renewables, this study has sought the answer to the question of what proportion of vehicles are fueled by environmentally friendly energy saving technologies in the vehicle fleets of Hungarian settlements. Further, the study attempts to shed light on the self-sufficiency of Hungarian settlements with respect to the electricity and transport segments. In our assessments, the performance of small-scale household power plants (SSHPPs) utilizing local renewable energy sources, and small-scale power plants with installed capacities under 0.5 MW, was taken into account, as were the proportions of vehicles operating with partly or completely clean energy sources in the vehicle fleets of the individual settlements. Finally, the composition of the vehicle fleet has been examined in the light of the quantities of renewable electricity generated in the individual settlements, in order to consider whether these settlements are capable of covering the energy needs of their vehicle stocks from local sources. In the light of the results, the changes generated by the incentives and investments introduced over the past ten years can be established and subsequently, the energy policy needs in the future can be assessed. Our study has incorporated energy geography and settlement geography aspects.


Author(s):  
M M Ulkhaq ◽  
A K Widodo ◽  
M F A Yulianto ◽  
Widhiyaningrum ◽  
A Mustikasari ◽  
...  

2021 ◽  
Vol 77 (4) ◽  
pp. 64-72
Author(s):  
Giedrius Gecevičius ◽  
Žydrūnas Kavaliauskas

In recent decades, the growing number of citizens and improving life quality have increased energy consumption in the world and Europe, as well as in Lithuania. Despite the fact that an increasing number of countries are focusing on the development of renewable energy, most of the energy is produced by using fossil fuels. As a result, climate change is being felt more than ever before. One of the ways to mitigate climate change is the development of renewable energy sources in the world, Europe and Lithuania. Last year, Lithuania produced 5,142 TWh of electricity, which accounted for 47% of the country’s total electricity consumption, and 22.2% of all electricity consumption was generated using renewable energy sources. According to the Lithuanian National Energy Independence Strategy, 70% of electricity will have to be produced in Lithuania by 2030, reaching 100% by 2050. However, electricity imports and resulting energy dependence are still a major challenge in Lithuania. To address the ambitious goals of eliminating energy dependence and developing climate-neutral technologies, the last decade has seen the focus on the development of renewable energy, and wind energy in particular. Forecasts for the future suggest that by the middle of the century, the country will be producing electricity mainly from renewable sources including onshore and offshore wind energy, large- and small-scale solar energy, and bioenergy systems.


2020 ◽  
Vol 159 ◽  
pp. 07004
Author(s):  
Bakhyt Baitanayeva ◽  
Aimankul Yerezhepova ◽  
Biken Nurmanova ◽  
Gulmira Andabayeva

The article is devoted to the current state and analysis of factors affecting the use of alternative energy sources on a global scale. There is a constant growth in volumes energy consumption, which is associated with the stability of the global economy, increasing costs for heating and cooling in various parts of the world. At the same time in the most densely populated areas (China, India), coal accounts for up to 80 % of the energy balance, which leads to an increase in CO2 emissions. In this regard, the article notes the need to switch to the use of alternative energy sources (wind, solar, hydro, geothermal and biomass, nuclear energy). The article analysis the current state of energy sources in developed countries according to statistics for 2018. The authors concludes that the growth rate of renewable energy resources is insufficient, despite their advantage over traditional sources. In this regard, the factors affecting the efficiency of renewable energy sources were summarized. In addition, the article identifies barriers that prevent the acceleration of the rate of replacing traditional energy sources with RES. At the same time, state support measures and relevant legislative acts play a special role in stimulating and attracting the necessary investments.


2015 ◽  
Vol 23 (6) ◽  
pp. 848-859
Author(s):  
Murat GUNDUZ ◽  
H. Volkan KARACAN

This study was performed in order to reveal factors affecting abnormally low tenders (ALTs) and to minimize negative effects of them. A thorough literature review was carried out to observe past research about the reasons of and possible solutions to ALTs. A questionnaire was prepared and submitted to construction professionals to capture negative impacts of ALTs based on the interviews with experts and past literature. 430 companies responded to the questionnaire. The data analysis was carried out by the multinomial logistic regression statistical tool. Having quality control systems and restricted procedure with prequalification procurement systems were main significant factors to reduce ALTs. Based on all significant factors, recommendations were made to construction professionals and companies to reduce adverse effects of ALTs.


2020 ◽  
Vol 1 (2) ◽  
pp. 189-193
Author(s):  
Aisha Naiga ◽  
Loyola Rwabose Karobwa

Over 90% of Uganda's power is generated from renewable sources. Standardised Implementation Agreements and Power Purchase Agreements create a long-term relationship between Generating Companies and the state-owned off-taker guaranteed by Government. The COVID-19 pandemic and measures to curb the spread of the virus have triggered the scrutiny and application of force majeure (FM) clauses in these agreements. This article reviews the FM clauses and considers their relevance. The authors submit that FM clauses are a useful commercial tool for achieving energy justice by ensuring the continuity of the project, despite the dire effects of the pandemic. Proposals are made for practical considerations for a post-COVID-19 future which provides the continued pursuit of policy goals of promoting renewable energy sources and increasing access to clean energy, thus accelerating just energy transitions.


2019 ◽  
Vol 3 (1) ◽  
pp. 1-12
Author(s):  
Lauren K. D’Souza ◽  
William L. Ascher ◽  
Tanja Srebotnjak

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.


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