Willingness to Pay for Renewable Energy – A Concept Centric Review of Literature.

Increasing renewable energy footprints now features prominently in the clean energy transition plan for many countries. Consumer’s Willingness To Pay (WTP) for renewable energy is an important variable in this plan. A concept-centric review of 70 research articles conducted in this study reveals that first and most commonly, consumer’s willingness to pay for renewable energy indicates the social acceptance of renewable energy, quantifying the extent of public financial support for meeting nationally set renewable energy targets. Second, it reflects the preferred attributes of renewable electricity supply in deregulated retail electricity markets. And third, it mirrors the non use values of renewable energy sources. A concept augmented matrix presented in the paper helps understand the most popular valuation techniques used to quantify WTP estimates in included studies. This paper concludes by presenting policy enablers to accelerate renewable energy transition in developing economies - where the transition is still in nascent stages.

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Territorial Governance of EU Cross-Border Renewable Energy Cooperation: A Soluble or Turbulent Model in the Current Framework?

Global Energy Law and Sustainability ◽

10.3366/gels.2021.0048 ◽

2021 ◽

Vol 2 (1) ◽

pp. 79-97

Author(s):

Melis Aras

Keyword(s):

Renewable Energy ◽

Large Scale ◽

Planning Process ◽

Renewable Energy Sources ◽

Local Level ◽

Energy Transition ◽

Clean Energy ◽

Legal Framework ◽

Development Planning ◽

Cross Border

The energy transition in Europe requires not only the implementation of technological innovations to reduce carbon emissions but also the decentralised extension of these innovations throughout the continent, as demonstrated by the ‘Clean Energy for All Europeans’ package. However, decentralised energy generation, and specifically electricity generation, as it gives rise to new players and interactions, also requires a review of the energy planning process. In this sense, governance becomes the key concept for understanding the implementation of the energy transition in a territory. This is particularly visible in a cross-border setting, especially considering cross-border cooperation in the development of renewable energy sources (RES) provides the necessary elements to determine the criteria of local regulation between the different levels of governance. In light of the current legal framework in France, this paper presents the institutional framework of the multi-level governance of the RES development planning process. It concludes that it is quite conceivable for the rationales of governance at the local level (decentralisation) and the large-scale operation of a large interconnected network (Europeanisation) to coexist.

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Energy transition and willingness to pay for renewable energy: The case of environmental students

IOP Conference Series Earth and Environmental Science ◽

10.1088/1755-1315/899/1/012048 ◽

2021 ◽

Vol 899 (1) ◽

pp. 012048

Author(s):

Evangelia Karasmanaki

Keyword(s):

Social Media ◽

Renewable Energy ◽

Willingness To Pay ◽

Energy Production ◽

Fossil Fuels ◽

Renewable Energy Sources ◽

Energy Transition ◽

Energy System ◽

Electricity Production ◽

Energy Sources

Abstract Examining willingness-to-pay (WTP) for renewable energy sources (RES) as well as views on energy topics can enable policymakers to design effective measures for facilitating the transition from fossil fuels to a renewable-based energy system. The aim of this study was to investigate environmental students’ willingness-to-pay for renewables and their views on various energy topics. Results showed that respondents preferred renewable-based electricity production to conventional energy production while solar energy emerged as the most preferred renewable type. In addition, most respondents were willing to pay for renewable energy but would pay relatively low sums of money per month. Moreover, respondents were divided over whether new lignite plants should be constructed in Greece. Finally, social media and special websites were the most favored media of daily information.

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EUROPEAN GREEN DEAL AND NEW OPPORTUNITIES FOR THE DEVELOPMENT OF RENEWABLE ENERGY

Thermophysics and Thermal Power Engineering ◽

10.31472/ttpe.1.2021.9 ◽

2021 ◽

Vol 43 (1) ◽

pp. 75-81

Author(s):

T.A. Zheliezna

Keyword(s):

Renewable Energy ◽

Renewable Energy Sources ◽

Sustainable Use ◽

Energy Transition ◽

Clean Energy ◽

Green Energy ◽

Low Carbon ◽

Climate Neutrality ◽

Goals And Objectives

The aim of the work is to develop recommendations for Ukraine on setting long-term integrated climate and energy goals and identifying ways to achieve them. The preconditions, main goals and objectives of the European Green Deal, which was presented by the European Commission in December 2019, are analyzed. The European Green Deal is a comprehensive strategy for the transition to a sustainable economy, clean energy and climate neutrality, i.e., zero greenhouse gas emissions, in Europe by 2050. The adoption of this Deal was preceded by several stages of a coherent EU policy in the relevant sectors. Possibilities for renewable energy development within the framework of the European Green Deal are considered. It is determined that preference is given to the production of green electricity, mobilization of the potential of offshore renewable energy, production of biogas and biofuels from biomass of agricultural origin, sustainable use of low-carbon and renewable fuels, including biomass and hydrogen, in hard-to-electricity sectors. In Ukraine, the document that is closest by its contents to the European Green Deal is the draft Concept of green energy transition until 2050 presented in January 2020. The draft Concept states the goal of achieving 70% of renewable energy sources in electricity generation by 2050 and the climate-neutral economy of Ukraine by 2070. It is recommended that this document should be finalized and adopted formally as soon as possible.

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Stakeholders’ Recount on the Dynamics of Indonesia’s Renewable Energy Sector

10.20944/preprints202010.0083.v1 ◽

2020 ◽

Author(s):

Satya Widya Yudha ◽

Benny Tjahjono ◽

Philip Longhurst

Keyword(s):

Renewable Energy ◽

Developing Economies ◽

Renewable Energy Sources ◽

Energy Transition ◽

Energy Sector ◽

Energy Development ◽

Group Discussions ◽

Key Stakeholders ◽

Renewable Energy Development ◽

Political Economic

The study describes in this paper uses direct evidence from processes applied for the developing economy of Indonesia, as it defines the trajectory for its future energy policy and energy research agenda. The paper makes explicit the process undertaken by key stakeholders in assessing and determining the suitability, feasibility and dynamics of the renewable energy sector. Barriers and enablers that key in selecting the most suitable renewable energy sources for developing economies for the renewable energy development have been identified from extensive analyses of research documents alongside qualitative data from the focus group discussions (FGD). The selected FGD participants encompass the collective views that cut across the political, economic, social, technological, legal and environmental aspects of renewable energy development in Indonesia. The information gained from the FGD gives insights to the outlook and challenges that are central to energy transition within the country, alongside the perceptions of renewable energy development from the influential stakeholders contributing to the process. It is notable that the biggest barriers to transition are centred on planning and implementation aspects, as it is also evident that many in the community do not adhere to the same vision.

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Electricity Markets in a Time of Change: A Call to Arms for Business Research

Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung ◽

10.1007/s41471-021-00126-4 ◽

2022 ◽

Author(s):

Martin Bichler ◽

Hans Ulrich Buhl ◽

Johannes Knörr ◽

Felipe Maldonado ◽

Paul Schott ◽

...

Keyword(s):

Systems Engineering ◽

Electricity Markets ◽

Electricity Market ◽

Operations Management ◽

Renewable Energy Sources ◽

Large Body ◽

Energy Transition ◽

Clean Energy ◽

Business Research ◽

Electricity Systems

AbstractEurope’s clean energy transition is imperative to combat climate change and represents an economic opportunity to become independent of fossil fuels. As such, the energy transition has become one of the most important, but also one of the most challenging economic and societal projects today. Electricity systems of the past were characterized by price-inelastic demand and only a small number of large electricity generators. The transition towards intermittent renewable energy sources changes this very paradigm. Future electricity systems will consist of many thousands of electricity generators and consumers that actively participate in markets, offering flexibility to balance variable electricity supply in markets with a high spatial and temporal resolution. These structural changes have ample consequences for market operators, generators, industrial consumers as well as prosumers. While a large body of the literature is devoted to the energy transition in engineering and the natural sciences, it has received relatively little attention in the recent business research literature, even though many of the central challenges for a successful energy transition are at the core of business research. Therefore, we provide an up-to-date overview of key questions in electricity market design and discuss how changes in electricity markets lead to new research challenges in business research disciplines such as accounting, business & information systems engineering, finance, marketing, operations management, operations research, and risk management.

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Stakeholders’ Recount on the Dynamics of Indonesia’s Renewable Energy Sector

Energies ◽

10.3390/en14102762 ◽

2021 ◽

Vol 14 (10) ◽

pp. 2762

Author(s):

Satya Widya Yudha ◽

Benny Tjahjono ◽

Philip Longhurst

Keyword(s):

Renewable Energy ◽

Developing Economies ◽

Renewable Energy Sources ◽

Energy Transition ◽

Energy Sector ◽

Energy Development ◽

Group Discussions ◽

Key Stakeholders ◽

Renewable Energy Development ◽

Political Economic

The study described in this paper uses direct evidence from processes applied for the developing economy of Indonesia, as it defines the trajectory for its future energy policy and energy research agenda. The paper addresses the research gap to make explicit the process undertaken by key stakeholders in assessing and determining the suitability, feasibility, and dynamics of the renewable energy sector. Barriers and enablers that are key in selecting the most suitable renewable energy sources for developing economies for the renewable energy development have been identified from extensive analyses of research documents alongside qualitative data from the Focus Group Discussions (FGD). The selected FGD participants encompass the collective views that cut across the political, economic, social, technological, legal, and environmental aspects of renewable energy development in Indonesia. The information gained from the FGD gives insights into the outlook and challenges that are central to energy transition within the country, alongside the perceptions of renewable energy development from the influential stakeholders contributing to the process. It is notable that the biggest barriers to transition are centred on planning and implementation aspects, as it is also evident that many in the community do not adhere to the same vision.

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Power Projects and Covid-19: A Practical Analysis of the Relevance of Force Majeure Clauses under the Standardised Power Purchase and Implementation Agreements of Uganda

Global Energy Law and Sustainability ◽

10.3366/gels.2020.0026 ◽

2020 ◽

Vol 1 (2) ◽

pp. 189-193

Author(s):

Aisha Naiga ◽

Loyola Rwabose Karobwa

Keyword(s):

Renewable Energy ◽

Renewable Energy Sources ◽

Clean Energy ◽

The State ◽

Energy Sources ◽

Policy Goals ◽

Force Majeure ◽

Practical Analysis ◽

Energy Justice

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.

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Forecasting and Modelling the Uncertainty of Low Voltage Network Demand and the Effect of Renewable Energy Sources

Energies ◽

10.3390/en14082151 ◽

2021 ◽

Vol 14 (8) ◽

pp. 2151

Author(s):

Feras Alasali ◽

Husam Foudeh ◽

Esraa Mousa Ali ◽

Khaled Nusair ◽

William Holderbaum

Keyword(s):

Renewable Energy ◽

Low Voltage ◽

Renewable Energy Sources ◽

Golden Ratio ◽

Clean Energy ◽

Energy Sources ◽

Percentage Error ◽

Ann Model ◽

Demand Forecast ◽

Pv System

More and more households are using renewable energy sources, and this will continue as the world moves towards a clean energy future and new patterns in demands for electricity. This creates significant novel challenges for Distribution Network Operators (DNOs) such as volatile net demand behavior and predicting Low Voltage (LV) demand. There is a lack of understanding of modern LV networks’ demand and renewable energy sources behavior. This article starts with an investigation into the unique characteristics of householder demand behavior in Jordan, connected to Photovoltaics (PV) systems. Previous studies have focused mostly on forecasting LV level demand without considering renewable energy sources, disaggregation demand and the weather conditions at the LV level. In this study, we provide detailed LV demand analysis and a variety of forecasting methods in terms of a probabilistic, new optimization learning algorithm called the Golden Ratio Optimization Method (GROM) for an Artificial Neural Network (ANN) model for rolling and point forecasting. Short-term forecasting models have been designed and developed to generate future scenarios for different disaggregation demand levels from households, small cities, net demands and PV system output. The results show that the volatile behavior of LV networks connected to the PV system creates substantial forecasting challenges. The mean absolute percentage error (MAPE) for the ANN-GROM model improved by 41.2% for household demand forecast compared to the traditional ANN model.

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DEFINITION OF DRIVING FACTORS FOR DESIGNING SOCIAL INNOVATIONS IN THE ENERGY SECTOR

Proceedings of the Design Society ◽

10.1017/pds.2021.89 ◽

2021 ◽

Vol 1 ◽

pp. 891-900

Author(s):

Iban Lizarralde ◽

Audrey Abi Akle ◽

Mikhail Hamwi ◽

Basma Samir

Keyword(s):

Renewable Energy ◽

Social Innovation ◽

Energy Transition ◽

Clean Energy ◽

Energy Sector ◽

Social Innovations ◽

Main Factors ◽

Definition Of ◽

Energy Community ◽

New Criteria

AbstractCurrent development of renewable energy systems (RES) is characterised by an increasing participation of citizens in the upstream decision-making process. These citizens can be future users of the RES but also members of a Renewable Energy Community that develop RES. They can be at the same time Renewable Energy producer, investor and consumer. Moreover, several type of businesses and terms are used to cope with social innovations within the energy sector: local renewable projects, sustainable energy communities or community of renewable energy production. So, actors' engagement opens new solutions for designers who are induced to share alternatives before making decisions. They usually impose constraints since the early phases of the design process. This approach implies for designers to consider new criteria related to citizens motivations and barriers. This paper presents a study to define the main factors that drive people to contribute in social innovation schemes for clean-energy transition. After a state of the art, a survey about 6 main factors and 18 criteria is presented. The analysis based on the responses from 34 participants (i.e. experts) reveals 2 most important factors of motivation and 2 principal barrier sources.

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