Financing the civic energy sector: How financial institutions affect ownership models in Germany and the United Kingdom

Hall, Stephen; Foxon, Timothy J.; Bolton, Ronan

doi:10.1016/j.erss.2015.11.004

Cited by 159 publications

(122 citation statements)

References 49 publications

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“…He argues that this contrast may be due to the presence of positive feedback effects in the former that are absent in the latter, including a wider distribution of financial benefits and more employment in supply chains due to a stronger link to industrial policy. In both cases, the presence or absence of positive feedback mechanisms is linked to policy design and the role of wider institutions, including financial institutions (see also Hall et al 2016).…”

Section: Feedback Effects In Path Creationmentioning

confidence: 99%

Historical institutionalism and the politics of sustainable energy transitions: A research agenda

Lockwood

Kuzemko

Mitchell

et al. 2016

Environment and Planning C: Politics and Space

112

113

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Improving the understanding of the politics of sustainable energy transitions has become a major focus for research. This paper builds on recent interest in institutionalist approaches to consider in some depth the agenda arising from a historical institutionalist perspective on such transitions. It is argued that historical institutionalism is a valuable complement to socio-technical systems approaches, offering tools for the explicit analysis of institutional dynamics that are present but implicit in the latter framework, opening up new questions and providing useful empirical material relevant for the study of the wider political contexts within which transitions are emerging. Deploying a number of core concepts including veto players, power, unintended consequences, and positive and negative feedback in a variety of ways, the paper explores research agendas in two broad areas: understanding diversity in transition outcomes in terms of the effects of different institutional arrangements, and the understanding of transitions in terms of institutional development and change. A range of issues are explored, including: the roles of electoral and political institutions, regulatory agencies, the creation of politically credible commitment to transition policies, power and incumbency, institutional systems and varieties of capitalism, sources of regime stability and instability, policy feedback effects, and types of gradual institutional change. The paper concludes with some observations on the potential and limitations of historical institutionalism, and briefly considers the question of whether there may be specific institutional configurations that would facilitate more rapid sustainable energy transitions.

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Section: Feedback Effects In Path Creationmentioning

confidence: 99%

Historical institutionalism and the politics of sustainable energy transitions: A research agenda

Lockwood

Kuzemko

Mitchell

et al. 2016

Environment and Planning C: Politics and Space

112

113

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“…Reconciling these definitions then, community energy can complement revenue generating strategies for existing social enterprises, as has been the case for many housing, sport and recreation associations, or it can be a primary revenue generation strategy and raison d'etre for local social enterprise, as it has been for rural energy cooperatives or energy service companies. Compared to social enterprise in health and service sectors, community energy also has unique characteristics; it is capital intensive and heavily dependent on access to finance, energy market structure and regulation, planning and renewable energy policy (Bauwens et al, 2016;Hain et al 2005;Bolton & Foxon 2013;Hall et al, 2016;Morris 2013;Toke et al 2008).…”

Section: Definitionsmentioning

confidence: 99%

Communitarian approaches to sustainable development: the governance, local impacts and costs of community energy

Berka¹

2018

Diss. For.

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This dissertation explores the governance, local impacts and costs of community-owned renewable energy (CRE). The objective is to understand if and in what context collective local ownership models represent a feasible and effective means to operationalising a more 'sustainable development' in the renewable energy sector and beyond. The articles draw on a range of fields, from energy governance and project economics to impact evaluation. Specific methodologies used are systematic literature review, discourse analysis, historical institutional analysis and risk-extended net present valuation. Unique contributions of this work are a meta-level understanding of the community energy sector in the UK and an understanding of its emergence in context of technological and institutional change. In addition, it provides an explicit assessment of Quality of Evidence problems in this subfield of energy and social science research, placing it firmly in the context of current literature and methods in project economics and impact evaluation. Findings show that ownership patterns in the energy sector are precarious and subject to changing narratives that emerge in response to domestic socio-economic and political dilemma's, exogenous shocks, and emerging economic schools of thought. CRE projects have the potential to generate a variety of positive local impacts that vary depending on the motivation and management of projects and project revenues. Under certain conditions CRE can empower community organisations to address systemic socio-economic problems in the public domain. Finally, in a competitive market setting and where CRE is implemented by newly-established grassroots organisations, projects face a range of risks that commercial projects do not, and that erode their financial viability. As such, the development and expansion of community renewable energy as a substantial proportion of the energy sector requires policy makers to assign it special status and provide policy support on the basis of its local social, economic and environmental benefits. Policy support for community renewable energy requires a willingness to integrate energy and social policy domains.

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“…Such factors include the market structure, namely division of activities, generation, transmission, where they constitute nearly 50% of installed RES capacities [160], and in Denmark where 70% of wind power plants are owned by cooperatives and farmers [161].…”

Section: The Potential Of City Scale Residential Demand Response In Tmentioning

confidence: 99%

The challenging paradigm of interrelated energy systems towards a more sustainable future

Soares

Martins

Carvalho³

et al. 2018

Renewable and Sustainable Energy Reviews

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This paper brings together several contemporary topics in energy systems aiming to provide a literature review based reflection on how several interrelated energy systems can contribute together to a more sustainable world. Some directions are discussed, such as the improvement of the energy efficiency and environmental performance of the systems, the development of new technologies, the increase of the use of renewable energy sources, the promotion of holistic and multidisciplinary studies, and the implementation of new management rules and "eco-friendly and sustainable" oriented policies at different scales. The interrelations of the diverse energy systems are also discussed in order to address their main social-economic-environmental impacts. The subjects covered include the assessment of the electricity market and its main players (demand, supply, distribution), the evaluation of some urban systems (buildings, transportation, commuting), the analysis of the implementation of renewable energy cooperatives, the discussion of the diffusion of the electric vehicle and the importance of new bioenergy systems. This paper also presents relevant research carried out in the framework of both the Energy for Sustainability Initiative of the University of Coimbra and the Sustainable Energy Systems focus area of the MIT-Portugal Program. To conclude, several research topics that should be addressed in the near future are proposed.

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Financing the civic energy sector: How financial institutions affect ownership models in Germany and the United Kingdom

Cited by 159 publications

References 49 publications

Historical institutionalism and the politics of sustainable energy transitions: A research agenda

Historical institutionalism and the politics of sustainable energy transitions: A research agenda

Communitarian approaches to sustainable development: the governance, local impacts and costs of community energy

The challenging paradigm of interrelated energy systems towards a more sustainable future

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