Abstract:This paper proposes a new model to assess the socio-economic potential of two outermost islands of the EU to exploit their resources and capabilities for the sustainable development of the wind energy sector. To that end, a territory competitiveness index is calculated from the resource-based view to assess the socio-economic potential of renewable energy sources in Gran Canaria and Tenerife. We propose a model where local resources and capabilities in the wind energy industry are measured, taking into account… Show more
“…The resource-based view theory [110] suggests that sustainable competitive advantage is achieved through the possession of valuable, rare, and difficult-to-imitate resources [111,112]. In the case of the energy cooperative "Our Energy", the lower energy costs for members, open management practices, and the ability to balance energy production and consumption can be considered valuable resources [112,113].…”
Renewable energy sources (RESs) offer key transformative potential from a societal point of view due to their modularity and ability to generate energy at the local level, allowing for the development of grassroots democratic and participatory initiatives. The paper aims to share insights into the processes of creating RES cooperatives in Poland. One of the first cooperatives to be established in the Upper Silesian region in Poland was the energy cooperative (EC) “Our Energy”. This study presents an in-depth empirical analysis of a community-based renewable energy cooperative. The study employed a case study methodology, including a SWOT analysis framework, to describe the research subject and identify its strengths, weaknesses, opportunities, and threats. Key findings indicate that members benefit from stable energy prices and full recovery of the energy produced, and the cooperative is at the forefront of energy-sharing practices that minimize costs through direct transactions with the local municipality. The strategic goals of the EC focus on expanding membership, increasing the number of photovoltaic installations, implementing energy balancing, combating energy poverty, and reducing emissions. Challenges such as financial constraints and a lack of real-time monitoring of energy distribution are acknowledged, and carbon footprint reduction innovations and stakeholder engagement are highlighted as forward-looking approaches. The study highlights the role of cooperatives as a model for community-led sustainable energy initiatives. However, the study acknowledges the limitations of its small sample size, suggesting the need for broader research to understand the impact of collaborative energy on decarbonization. Future research directions are proposed, focusing on the long-term sustainability and socioeconomic impacts of energy cooperatives. This study contributes to the scholarly discourse on renewable energy cooperatives by offering insight into their potential to bridge the gap between energy producers and consumers and support sustainable community development. The main novelty of this paper lies in its detailed examination of a specific renewable energy cooperative, incorporating SWOT analysis, stakeholder perspectives, quantitative assessments, and a forward-thinking approach. This multifaceted analysis contributes to the existing literature on renewable energy initiatives, providing a valuable reference for researchers, policymakers, and practitioners in the field.
“…The resource-based view theory [110] suggests that sustainable competitive advantage is achieved through the possession of valuable, rare, and difficult-to-imitate resources [111,112]. In the case of the energy cooperative "Our Energy", the lower energy costs for members, open management practices, and the ability to balance energy production and consumption can be considered valuable resources [112,113].…”
Renewable energy sources (RESs) offer key transformative potential from a societal point of view due to their modularity and ability to generate energy at the local level, allowing for the development of grassroots democratic and participatory initiatives. The paper aims to share insights into the processes of creating RES cooperatives in Poland. One of the first cooperatives to be established in the Upper Silesian region in Poland was the energy cooperative (EC) “Our Energy”. This study presents an in-depth empirical analysis of a community-based renewable energy cooperative. The study employed a case study methodology, including a SWOT analysis framework, to describe the research subject and identify its strengths, weaknesses, opportunities, and threats. Key findings indicate that members benefit from stable energy prices and full recovery of the energy produced, and the cooperative is at the forefront of energy-sharing practices that minimize costs through direct transactions with the local municipality. The strategic goals of the EC focus on expanding membership, increasing the number of photovoltaic installations, implementing energy balancing, combating energy poverty, and reducing emissions. Challenges such as financial constraints and a lack of real-time monitoring of energy distribution are acknowledged, and carbon footprint reduction innovations and stakeholder engagement are highlighted as forward-looking approaches. The study highlights the role of cooperatives as a model for community-led sustainable energy initiatives. However, the study acknowledges the limitations of its small sample size, suggesting the need for broader research to understand the impact of collaborative energy on decarbonization. Future research directions are proposed, focusing on the long-term sustainability and socioeconomic impacts of energy cooperatives. This study contributes to the scholarly discourse on renewable energy cooperatives by offering insight into their potential to bridge the gap between energy producers and consumers and support sustainable community development. The main novelty of this paper lies in its detailed examination of a specific renewable energy cooperative, incorporating SWOT analysis, stakeholder perspectives, quantitative assessments, and a forward-thinking approach. This multifaceted analysis contributes to the existing literature on renewable energy initiatives, providing a valuable reference for researchers, policymakers, and practitioners in the field.
“…This work concludes that the percentage of wind power capacity installed in the Canary Islands at the end of the planning horizon was smaller than that in mainland Spain, but higher than in most European countries. Reference [5] assesses the socio-economic potential of wind power in Gran Canaria and Tenerife. Reference [6] proposes a dynamic model to analyze the installation of a pumped-hydro storage system on Gran Canaria to increase the level of wind power penetration.…”
In this paper, we analyze the generation, storage and transmission expansion of the isolated power system of Las Palmas (Spain) for 2050. This power system comprises two isolated systems: Lanzarote-Fuerteventura and Gran Canaria. The generating, storage and transmission capacity to be built is determined by solving a two-stage stochastic investment model taking into account different long-term uncertain parameters: investment costs of immature technologies of power production and storage, annual demand growth, number of electric vehicles, rooftop solar penetration and natural gas prices. The possibility of linking together the isolated power systems of Lanzarote-Fuerteventura and Gran Canaria for reaching a higher penetration of renewable units is also considered. The operation of the power system is simulated by considering the day-ahead energy and reserve capacity markets. The variability of the hourly available wind and solar power, and the demand level are modeled by using a set of characteristic days to represent the target year. The performance of the resulting power system is assessed by conducting an out-of-sample analysis using the AC model of the power system. The numerical results show that a future configuration of Las Palmas power system mainly based on solar and wind power units can be achieved with the support of gas units and storage.
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