Renewable energy: Catalyst for a clean energy transition
In: OECD observer
ISSN: 1561-5529
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In: OECD observer
ISSN: 1561-5529
This book capitalizes on two hot topics: the Low Carbon Emission Development Strategies and climate change in Asian cities. There is resurgence in making policies to investigate more aspects of the energy-environment spectrum for the global energy market in the future. This book helps the policy makers and researchers to understand which actions should be taken to reduce the environmental impacts of economic activities in different regions in Asia. The clean energy strategy proposed in this book refers to the development and implementation of policies and strategies that simultaneously contribute to addressing climate change and solving local environmental problems, which also have other development impacts. It provides insights to a wide audience on successful ways to promote, design and implement the clean energy policies in Asian cities. To determine the global actions, it is necessary to make breakthroughs by promoting further research and to present scenarios that achieve Low Emission Development Strategies (LEDS) goals without dependence upon fossil fuels. The scenarios and case studies discussed in this book are helpful to plan for the SDGs, where various objectives have to be achieved at the same time. The UN 2030 development agenda needs innovative planning to achieve multiple goals with limited resources and generate synergy among sectors. This book will be one of the first books available on this subject.
The EU Clean Energy Package (CEP) was finalised in June 2019 after the publication of its final texts in the Official Journal of the European Union, following trilogue negotiations between the European Commission, Council, and Parliament. It includes eight legislative texts - four directives and four regulations - on the electricity market and consumers, energy efficiency and the energy efficiency of buildings, renewables and bioenergy sustainability as well as governance of the Energy Union. In this report, we will focus on three of the eight legislative texts. First is the Regulation on the Governance of the Energy Union and Climate Action (Regulation (EU) 2018/1999). Second is the directive on the promotion of the use of energy from renewable sources (Directive (EU) 2018/2001) that is commonly referred to as RED II. Third is the directive on common rules for the internal market in electricity (Directive (EU) 2019/944). We will assess the impact of this legislation on the European internal electricity market rules compared to the framework established by the Third Energy Package. In this report, we present the background to the CEP provisions and weigh the possible implications of these measures.
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In: Oxford scholarship online
In: Economics and Finance
The 21st Conference of the Parties (CoP21) to the United Nations Framework Convention on Climate Change (UNFCCC) shifted the nature of the political economy challenge associated with achieving a global emissions trajectory that is consistent with a climate. The shifts generated by CoP21 place country decision-making and country policies at centre stage. Under moderately optimistic assumptions concerning the vigour with which CoP21 objectives are pursued, nearly every country in the world will set about to design and implement the most promising and locally relevant policies for achieving their agreed contribution to global mitigation. These policies are virtually certain to vary dramatically across countries. In short, the world stands at the cusp of an unprecedented era of policy experimentation in driving a clean energy transition. This book steps into this new world of broad-scale and locally relevant policy experimentation. The chapters focus on the political economy of clean energy transition with an emphasis on specific issues encountered in both developed and developing countries. Lead authors contribute a broad diversity of experience drawn from all major regions of the world, representing a compendium of what has been learned from recent initiatives, mostly (but not exclusively) at country level, to reduce GHG emissions. As this new era of experimentation dawns, their contributions are both relevant and timely.
The University of California, Los Angeles (UCLA) hosted the Southern California Clean Energy Innovation Ecosystem Roundtable discussion on May 10, 2016 on the UCLA campus in Kerckhoff Hall. This roundtable discussion brought together 28 leaders from academia, local and state government, a national laboratory, non-profit groups, and industry to discuss Southern California's clean energy needs as the state and region transition to meet their ambitious climate and energy goals. The purpose of this report is to provide the United States Department of Energy (DOE) a comprehensive summary of the roundtable event, and to identify some broad conclusions and next steps for the Southern California region with regard to a clean energy pathway. All of this is being considered within the context of Mission Innovation (http://mission-innovation.net), whose goal is to accelerate innovation in clean energy and to make clean energy affordable around the globe.
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This book is a compilation of case studies from different countries and covers contemporary technologies including electric vehicles and solar thermal power plants. The book highlights the real-world situations facing individual projects and highlights the strengths and weaknesses of the underlying business propositions. It also sheds light on the factors that are routinely ignored during project formulation and risk assessment, namely coordination among public and private agencies, confirmed availability of relatively minor but essential components, possibility of concurrent demand for inputs from different project proponents, etc. The book provides a systematic 'guided tour' of renewable energy (RE) projects for potential project analysts and includes the development of financial models. It concludes with an evaluation of risk and the design of risk-mitigation measures. It is designed to simultaneously appeal to business school students and to serve as a guide for practicing executives, policy makers and consultants. The cases cover several countries, currencies, policy environments, technologies and resources and will help policy makers, consultants and project analysts and proponents view RE projects in a new light. Srinivasan Sunderasanis an Economist at Verdurous Solutions Private Limited (Mysore, India), which is an Investment advisory and consultancy specializing in management and financing aspects of renewable energy, microfinance, water, waste and other 'sustainable development' initiatives. Prior to this, he was the Deputy Country Manager (India) of Photovoltaic Market Transformation Initiative (PVMTI), an Investment Officer with the South Asian Region for Solar Development Group (SDG) and Triodos Renewable Energy for Development Fund. He has obtained his PhD from University of Vienna, Austria in 2005 specializing in Business Economics.He has twenty years of rich and diversified experience as a techno-commercial professional, in planning, project management, research, academics and consultancy in various industries including construction, telecom, energy, financial services and 'sustainable development.' He is recognised as an expert on rural energy supply models by the International Solar Energy Society and a specialist in evaluation and financing for renewable energy and other cleantech ventures. He has authored, and contributed to, many books on related subjects published by Routledge, Taylor Francis Group, Nova Publishers and Springer Verlag. He is an editorial board member of J. Reviews on Global Economics and expert peer-reviewer with prestigious publishers including Elsevier B.V. and Springer Verlag. He is guest faculty of Finance/Economics at reputed business schools.
In: Green finance and investment
In: Sustainable Investing and Environmental Markets, S. 195-230
In: Florida Law Review Forum, Band 67, S. 161-168
SSRN
Multi-criteria Analysis for Planning Renewable Energy (MapRE) is a study approach developed by the Lawrence Berkeley National Laboratory with the support of the International Renewable Energy Agency (IRENA). The approach combines geospatial, statistical, energy engineering, and economic methods to comprehensively identify and value high-quality wind, solar PV, and solar CSP resources for grid integration based on techno-economic criteria, generation profiles (for wind), and socio-environmental impacts. The Renewable Energy Zones for the Africa Clean Energy Corridor study sought to identify and comprehensively value high-quality wind, solar photovoltaic (PV), and concentrating solar power (CSP) resources in 21 countries in the East and Southern Africa Power Pools to support the prioritization of areas for development through a multi-criteria planning process. These countries include Angola, Botswana, Burundi, Djibouti, Democratic Republic of Congo, Egypt, Ethiopia, Kenya, Lesotho, Libya, Malawi, Mozambique, Namibia, Rwanda, South Africa, Sudan, Swaziland, Tanzania, Uganda, Zambia, and Zimbabwe. The study includes the methodology and the key results including renewable energy potential for each region.
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Multi-criteria Analysis for Planning Renewable Energy (MapRE) is a study approach developed by the Lawrence Berkeley National Laboratory with the support of the International Renewable Energy Agency (IRENA). The approach combines geospatial, statistical, energy engineering, and economic methods to comprehensively identify and value high-quality wind, solar PV, and solar CSP resources for grid integration based on techno-economic criteria, generation profiles (for wind), and socio-environmental impacts. The Renewable Energy Zones for the Africa Clean Energy Corridor study sought to identify and comprehensively value high-quality wind, solar photovoltaic (PV), and concentrating solar power (CSP) resources in 21 countries in the East and Southern Africa Power Pools to support the prioritization of areas for development through a multi-criteria planning process. These countries include Angola, Botswana, Burundi, Djibouti, Democratic Republic of Congo, Egypt, Ethiopia, Kenya, Lesotho, Libya, Malawi, Mozambique, Namibia, Rwanda, South Africa, Sudan, Swaziland, Tanzania, Uganda, Zambia, and Zimbabwe. The study includes the methodology and the key results including renewable energy potential for each region.
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In: http://hdl.handle.net/11540/12421
1. Established in 2007, the Clean Energy Financing Partnership Facility (CEFPF) helps developing member countries (DMCs) improve their energy security and transition to low-carbon use through cost-effective investments, particularly in technologies that result in greenhouse gas mitigation. The CEFPF is composed of the Clean Energy Fund (CEF), the Asian Clean Energy Fund (ACEF), the Carbon Capture and Storage Fund (CCSF) and the Canadian Climate Fund for the Private Sector in Asia (CFPS). The CEFPF's overview and governance structure are provided in Appendix 1. 2. The CEFPF contributes to achieving the scaled up ADB target set in September 2015 of $6 billion annual climate financing by 2020, which consists of $4 billion for climate mitigation and $2 billion for climate adaptation. The energy sector aims to contribute about $3 billion as part of climate mitigation. In addition, the new ADB Strategy 2030 sets the course for ADB's efforts in responding effectively to the region's changing needs including scaling up support for addressing climate change. In line with the new strategy, the CEFPF will support the energy sector in achieving its climate financing target, provide financing and technical support to DMCs to implement their Nationally Determined Contributions, and reduce GHG emissions through clean energy projects and programs. 3. In 2019, the CEFPF provided $5.7 million to 11 projects composed of nine technical assistance and two direct charges. To date, the CEFPF has allocated $264.0 million to 198 projects which contribute to the development and deployment of clean energy in the DMCs. A number of supported projects are highlighted in Appendix 2. 4. This report covers the period 1 January to 31 December 2019 and presents the overall implementation progress and operational results of CEFPF to date measured against the design and monitoring framework (DMF) provided in Appendix 3.
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