The Role of Green Finance in Community Renewable Energy Projects of main Region and Taiwan

2021 ◽  
Vol 19 (3) ◽  
pp. 503-519
Author(s):  
Wen-Hsiang Chiu ◽  
Wen Cheng Lin ◽  
Chiung-Ju Liang
Keyword(s):  
Renewable Energy ◽  
Green Energy ◽  
Renewable Energy Resources ◽  
Financing Channels ◽  
Green Finance ◽  
Start Up ◽  
Energy Projects ◽  
The Masses ◽  
Main Region

In order to achieve the goal of "non-nuclear homeland and realize the policy target that renewable energy accounts for 20% of power generation, the Taiwan government has actively promoted the integration of energy generation. Many small and medium-sized enterprises or start-up companies are faced with the challenge of financing their business expansion. This paper adopted document analysis method to seek more diversified financing channels compared with traditional ways of financing and lending from financial institutions, the combination of fintech and the power of the masses, such as crowdfunding, has become one of the emerging financial instruments for the development of green energy industry. Finally, the empirical result is compared main region about the community renewable energy projects and realized how to obtain renewable energy resources through new financing source. The study will be providing related reference to decision-making of country which plan to develop renewable energy projects.

scholarly journals The state of green energy transition in regional industrial centres—The case study of Székesfehérvár

2021 ◽  
Keyword(s):  
Renewable Energy ◽  
Local Governance ◽  
Economic Value ◽  
Value Added ◽  
Energy Transition ◽  
Local Environment ◽  
Green Energy ◽  
Urban Region ◽  
Renewable Energy Resources ◽  
Sustainable Solutions

Abstract Industrial parks may be high pollutants of the local environment, but also engines of regional development, employment, and economic value added. To make them more sustainable, regional planning often purports to promote a transition to a greener approach, but in reality, many green measures oppose business logic and profitability, while those companies that do invest in sustainable solutions do so without having a clear strategy. This complicated setup is to be explored and modelled in this article which is focused on a remarkable area, the urban region of Székesfehérvár, an industrial city in Hungary having an impressive economic development and hosting significant domestic and international companies. The disharmony between greening policies, intentions and actions is observable in Székesfehérvár, despite the considerable local and regional potentials of renewable energy resources. Findings indicate that systemic thinking and future-oriented decision making will be necessary to achieve true sustainability, which also requires a mutually proactive attitude and the cooperation of different sectors. A legitimate strategy aiming at greening the local and regional economy (with renewable energy concerns), implemented by both public and business actors can be the key element of a successful transition. This strategy needs to be stimulated by local governance.

Assessing the Role of Environmental and Regulatory Issues on Offshore Renewable Energy Projects in the United States

2009 ◽  
Author(s):  
William H. Daughdrill
Keyword(s):  
United States ◽  
Renewable Energy ◽  
Environmental Impact ◽  
Social Issues ◽  
The United States ◽  
Environmental Impact Statement ◽  
Regulatory Issues ◽  
Energy Projects ◽  
The U.S

This paper will describe some of the key environmental and regulatory issues affecting development of offshore renewable energy projects in the United States. Offshore wind, wave, tidal current, and ocean thermal energy conversion (OTEC) projects all have unique environmental and social issues that must be addressed to the satisfaction of federal, state, and local authorities. This paper examines the existing federal regulatory schemes applicable to offshore renewable energy development in the United States including a discussion of an on-going jurisdictional debate between agencies at the U.S. federal government level. The various permitting processes for offshore renewable energy projects all involve an examination of the potential environmental and social/human effects of each proposed project. Typically, the agency with primary permitting authority must prepare an environmental impact statement (EIS) or equivalent document that includes a transparent process that encourages the participation of the interested public and other affected stakeholders. While acknowledging the importance of social/human impact issues, this paper will focus primarily on the potential physical and biological effects from offshore renewable energy projects including a discussion of the uncertainty that surrounds predicting the impact of new or innovative technologies. The U.S. Department of Interior, Minerals Management Service (MMS) recently published a programmatic environmental impact statement (EIS) that includes 52 “best management practices” for reducing environmental and social impacts from offshore alternative energy projects. Finally the paper will examine the important role of environmental monitoring and adaptive management in informing regulators and developers of potential adverse impacts and adapting project design and operations to avoid or minimize these effects.

The Strategic Importance of Green Energy in Energy Management

2021 ◽  
pp. 212-227
Author(s):  
Kürşad Zorlu ◽  
Emre Ezin
Keyword(s):  
Renewable Energy ◽  
Strategic Management ◽  
Environmental Pollution ◽  
Energy Policy ◽  
Energy Management ◽  
Renewable Energy Sources ◽  
Green Energy ◽  
Energy Sources ◽  
Renewable Energy Resources ◽  
Fossil Fuel Consumption

The aim of this study is to address the importance of strategic energy management in order to ensure the transition of Turkey, a country that is trying to end its dependence on energy, to green energy using renewable energy sources. With the excessive use of nonrenewable energy sources by Turkey, in order to reduce environmental pollution and foreign dependency in energy, it started studies to increase the use of domestic and renewable energy resources in the early 2000s. With the transition to renewable energy sources as a new concept in Turkey's energy policy “green energy,” it has come to the fore. With the transition to green energy, Turkey is trying to prevent pollution of the environment by reducing fossil fuel consumption and aims to reduce energy costs by reducing the use of energy sources that cannot be renewed in production. Turkey, a country rich in renewable energy sources, will be able to use existing renewable energy sources effectively and efficiently using strategic management in energy.

Assessing the Role of Renewable Energy Policies in Landfill Gas to Energy Projects

2014 ◽  
Author(s):  
Shanjun Li ◽  
Han Kyul Yoo ◽  
Molly Mcauley ◽  
Karen L. Palmer ◽  
Jhih-Shyang Shih
Keyword(s):  
Renewable Energy ◽  
Landfill Gas ◽  
Energy Policies ◽  
Energy Projects ◽  
Renewable Energy Policies

scholarly journals Sustainable Solutions for Green Financing and Investment in Renewable Energy Projects

Energies ◽  
2020 ◽  
Vol 13 (4) ◽  
pp. 788 ◽  
Author(s):  
Farhad Taghizadeh-Hesary ◽  
Naoyuki Yoshino
Keyword(s):  
Renewable Energy ◽  
Financial Institutions ◽  
Green Energy ◽  
Rate Of Return ◽  
Insurance Companies ◽  
Sustainable Solutions ◽  
Energy Projects ◽  
Green Investment ◽  
Financing And Investment

The lack of long-term financing, the low rate of return, the existence of various risks, and the lack of capacity of market players are major challenges for the development of green energy projects. This paper aimed to highlight the challenges of green financing and investment in renewable energy projects and to provide practical solutions for filling the green financing gap. Practical solutions include increasing the role of public financial institutions and non-banking financial institutions (pension funds and insurance companies) in long-term green investments, utilizing the spillover tax to increase the rate of return of green projects, developing green credit guarantee schemes to reduce the credit risk, establishing community-based trust funds, and addressing green investment risks via financial and policy de-risking. The paper also provides a practical example of the implementation of the proposed tools.

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