Managing Technology Transfer Challenges in the Renewable Energy Sector within the European Union

Kulkarni, Siddharth; Wang, Lin; Venetsanos, Demetrios T.

doi:10.3390/wind2010009

Cited by 11 publications

(11 citation statements)

References 164 publications

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“…Furthermore, patent law does not stimulate sustainability in the renewable energy industry (Orstavik, 2021). Similarly, Kulkarni and Wang (2021) searched the IP and technology transfer challenges in the renewable energy sector within the European Union, indicating that the major issue that affects the transfer of renewable sources is finding who should be responsible for funding IP rights. These findings are in line with many previous kinds of research for example: Li et al (2020); Khurshid et al (2021); Goli et al (2021Goli et al ( , 2019; Xu et al (2019); Zhou (2019); Gao and Zhai (2018).…”

Section: Literature Reviewmentioning

confidence: 99%

“…On the one hand, those in favor of IP rights point out that research and development of new geothermal power technology are difficult to initiate and complete without financial incentives. IP rights offer a guarantee to inventors that their investments will lead to their right to exclusively exploit and prevent unauthorized use of their geothermal power technology (Kulkarni and Wang, 2021). On the other hand, those opposed to IP argue that although IP rights can provide valuable information about the geothermal power exploration, this information is not necessarily easy to access (Kulkarni and Wang, 2021).…”

Section: Introductionmentioning

confidence: 99%

“…Some believe that patent information could be made more accessible and easier to understand through user-friendly platforms or translations. Another complaint is that IP rights create restrictions and barriers, especially when it comes to geothermal power exploration collaboration (Kulkarni and Wang, 2021). For example, collaboration for oil and gas technologies in the geothermal power exploration can decrease risk and costs but the ability to collaborate is limited by legal constraints, such as IP rights (Musharavati et al, 2021).…”

Section: Introductionmentioning

confidence: 99%

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The impacts of intellectual capital, market size, and intellectual property factors in geothermal power exploration

Alsaleh,

Abdul-Rahim

2024

Energy Exploration & Exploitation

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There are many advantages of geothermal energy, as an environmentally friendly resource; however, for these benefits of geothermal power to be fully maximized, there are some problems that need to be addressed. The primary objective of this research was to examine the influence of intellectual property (IP) rights and economic growth on the geothermal energy output among the 27 European countries within the time frame 1990 to 2021. This study adopts auto-regressive distributed lag (ARDL). The findings show that a significant increase in the geothermal energy industry sustainability can occur in EU14 emerged economies using IP rights than in EU13 emerging economies. The major contributions of the research are that among additional factors, intellectual capital, market size, intuitional quality, and economic growth contribute more positively to geothermal energy sustainability in EU14 emerged economies than in EU13 emerging economies. Results from the analysis show geothermal power sustainability among the 27 European countries could be boosted significantly by adequately putting in place the determining factors of IP as this will foster the attainment of aims behind the energy union by the year 2030. This will no doubt be of help in curbing climate change and environmental pollution in society. The projected calculations were validated through the three estimators adopted for this study, that is, the pooled mean group, mean group, and dynamic fixed effect. The policy implication pointed out by this study the European nations in this study need to make IP indicators to be more effective as this helps in achieving societal and environmental goals. Moreover, the authorities in charge of lawmaking in European countries should focus more on IP areas to ensure the sustainability of geothermal energy generation. Also, authorities in charge of policymaking in the European nations should foster commixture strategies that are sustainable in enhancing IP breakdown as this will assist in fostering geothermal power exploration, thereby reducing the need for fossil fuels which will also carbon dioxide emission in the years to come.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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The impacts of intellectual capital, market size, and intellectual property factors in geothermal power exploration

Alsaleh,

Abdul-Rahim

2024

Energy Exploration & Exploitation

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“…Energy production is moving towards renewable energy sources to reduce carbon dioxide emissions. Also, the recent crises in energy due to the Russia-Ukraine war have raised the power shortage problem even in developed countries, and they are planning to shift the energy production technology to renewable energies [5]. The wind is one of the main abundantly available renewable energy resources.…”

Section: Literature Reviewmentioning

confidence: 99%

Theoretical Cost Analysis of Electrical Energy for an Off-grid Island Community Using a Single 10MW Wind Turbine and Lithium-Ion Batteries

Akbar¹,

Khadim

Akbar³

2022

PakJET

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In this paper theoretical cost analysis of a 10 MW wind turbine with lithium-ion batteries as storage for an Off-grid Island community is made. The Vestas V164-10.0 MW wind turbine is considered for calculations. Calculations are calculated using numerical computation, and figure data is collected using MATLAB software. The paper aims to give researchers and investors a rough idea about the economic outcomes of using Li-ion batteries as a storage system for wind turbines. The surplus energy needed to be stored is calculated, and then the cost of the system is calculated numerically, targeting the return on investment. If the return on investment of a system is lower than 8%, then investors do not invest in such a system. The return on investment in these calculations is about 17%.

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“…However, it must be taken into account that technology transfer can carry risks and cause problems. For example, new technologies may not match local conditions and requirements, which may lead to low efficiency and underutilization (Kulkarni et al, 2022). In addition, there is a risk of loss of privacy and intellectual property, which can affect the business models and revenues of organizations (Liu & Liang, 2011).…”

Section: Introductionmentioning

confidence: 99%

The Economics of Technology Transfer in The Environmental Safety of Enterprises for the Energy Transition

Sribna

Skakovska

Panyuk

et al. 2023

ees

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Introduction. European countries are at different stages of transition to a new energy system due to different levels of energy dependence, geographical conditions, and priorities of national administration. The use of information technology and innovative developments in the energy field allows for reducing energy production costs, improving resource use efficiency, reducing environmental impact, and ensuring energy security. Modern energy is reaching a new qualitative level due to technology transfer and government policy. Such an energy transition in the industry requires time, unfolding globalization processes, implementing sustainable development strategy and solving greening problems. Aim and tasks. The aim of the study is to assess the level of the economic base of technology transfer in the creation and functioning of a new energy system based on the principles of environmental safety of modern enterprises in EU countries. Results. The theoretical model is considered, which explains the essence and factors in the implementation of the new energy system of production enterprises in the cross-section of the EU countries. The ranking of European countries is given based on the calculation of the use of final electricity consumption per dollar per capita and one percent of renewable energy consumption minus the tax burden. Thus, some countries already have significant indicators that indicate the effectiveness of the transition to a new energy structure of their national enterprises. And such results do not directly depend on the share of the use of renewable energy sources and the reduction of the use of coal. But the share of more than 60% of the use of renewable energy and the significant tax burden placed on the final household consumers of electricity are general signs of the implementation of such a transition. Enterprises use such a transition mechanism more effectively in EU countries, where more than 60%. In economic terms, such transitions of enterprises are carried out at the expense of the lion's share of the tax burden on electricity use by end consumers – households. Conclusions. The study of the economic basis of technology transfer in the creation and functioning of a new energy system based on the principles of environmental safety of modern enterprises in EU countries is of great importance for improving energy efficiency and achieving environmental safety in the region as a whole. The research will be useful for government bodies that are engaged in shaping energy policy, regulating the energy sector, and ensuring environmental safety.

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Managing Technology Transfer Challenges in the Renewable Energy Sector within the European Union

Cited by 11 publications

References 164 publications

The impacts of intellectual capital, market size, and intellectual property factors in geothermal power exploration

The impacts of intellectual capital, market size, and intellectual property factors in geothermal power exploration

Theoretical Cost Analysis of Electrical Energy for an Off-grid Island Community Using a Single 10MW Wind Turbine and Lithium-Ion Batteries

The Economics of Technology Transfer in The Environmental Safety of Enterprises for the Energy Transition

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