Energy Crisis and Climate Change - Challenges for Politics and Business in South East Europe
In: Südosteuropa-Mitteilungen, Band 49, Heft 3-4, S. 157-163
ISSN: 0340-174X
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In: Südosteuropa-Mitteilungen, Band 49, Heft 3-4, S. 157-163
ISSN: 0340-174X
In: Sharmina , M , Anderson , K & Bows-Larkin , A 2013 , ' Climate change regional review: Russia ' Wiley Interdisciplinary Reviews: Climate Change , vol 4 , no. 5 , pp. 373-396 . DOI:10.1002/wcc.236
With climate change, an increasingly important focus of scientific and policy discourse, the Russian government has aimed to position the country as one of the leaders of the global process for addressing climate change. This article reviews a breadth of literature to analyze the politico-economic situation in Russia with regard to international climate change negotiations, related domestic policies, societal attitudes, and climatic change impacts on Russia's territory. The analysis demonstrates how Russia has a pivotal role in influencing the future direction of international climate change mitigation and adaptation. Not only is Russia predisposed geographically to the impacts of climate change, but also it is a major emitter of greenhouse gases and a global supplier of fossil fuels, and remains a major force in international politics. This unique confluence of circumstances leaves Russia with a challenging dilemma. It can choose to acquiesce to short-term political and economic considerations, adopt weak mitigation measures, and face potentially significant impacts. Or it can apply its considerable attributes and powers to initiate an epoch of international action to secure a low-carbon climate-resilient future. Although the former will see Russia subsumed into the international malaise on climate change, the latter may both quench the nation's 'thirst for greatness' and fill the void of international leadership. © 2013 John Wiley & Sons, Ltd.
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In: Marine policy, Band 84, S. 12-21
ISSN: 0308-597X
In: Climate policy, Band 18, Heft 6, S. 690-714
ISSN: 1752-7457
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In: Climate policy, Band 18, Heft 8, S. 1066-1075
ISSN: 1752-7457
In: Environmental innovation and societal transitions, Band 46, S. 100679
ISSN: 2210-4224
Explorations of the longer-term potential for community energy to contribute to the energy transition can shape policy and practice today. However, much community energy research in Great Britain is currently, and understandably, focussed on short-term responses to the crisis in the sector induced by recent shifts in policy support. Therefore, we held a series of visioning and backcasting workshops with community energy practitioners and other stakeholders, to co-create a vision of a long term future where there is a thriving community energy sector. This paper presents the results of those workshops. Using the concept of business models to interrogate how community energy could be structured in the future, we find that the sector could diversify from its current focus on renewable electricity generation and energy efficiency, into new areas of the energy system: demand-side flexibility, mobility and heat. We also see potential for a Community Energy Confederation to help bridge the gap between the strengths of local organising, and the opportunities offered by larger scale activities. We identify the importance of actions by government – both at national and local levels – to realising this vision, in combination with the efforts of the community energy sector itself. Our research highlights the need for change in the institutional and spatial character of community energy; the sector's pragmatic attitude to the technological aspects of the energy transition; and its focus on community energy's role in delivering social and environmental co-benefits, in line with the concept of a just transition.
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This report presents the first of four case studies of UK community energy organisations conducted during 2018/19. These will later be included as part of a synthesis briefing alongside findings from a series of sectoral-level interviews. The case study makes use of a combination of qualitative (e.g. interviews, organisation reports) and quantitative (e.g. financial reports) data. Key summary lessons include: The ability of community energy organisations to raise community finance is underpinned by government subsidies (e.g. feed-in-tariff). By providing a long-term guaranteed revenue stream, they de-risk the energy project. Their removal presents investors with a less attractive proposition, potentially closing down an important stream of finance. Local authorities are a key facilitator of community energy projects. For example, they may purchase power from community energy organisations, as well as provide space for power generation. The latter is highly dependent on the extent to which the procurement process and council leadership values locally supplied, low-carbon energy from not-for-profit organisations. Intermediaries are a key provider of economic, technical, social and political capital to community energy organisations. A key example are project developers such as Energy4All. Choices around legal structure have an important bearing on the financing and governance of a community energy organisation, including the: * Extent to which 'community benefit' is incorporated into the legal entity. * Level and type of finance it can raise. * Degree of risk it exposes its investors to. * Way in which control is exerted over the organisation's strategic direction and who wields this power.
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This report presents the second of four case studies of UK community energy organisations conducted during 2018/19. These will later be included as part of a synthesis briefing alongside a series of sector-level interviews. The case study makes use of a combination of qualitative (e.g. interviews, organisation reports) and quantitative (e.g. financial reports) data. Summary of key lessons: Government subsidy is the cornerstone to securing both community and private finance. By providing a substantial long-term guaranteed revenue stream, the FiT allowed GEM to raise community investment and further investment from commercial and state-backed lenders. Even with the FiT in place, sourcing commercial finance was challenging. In its absence, it is unlikely that commercial lenders will lend. The ability to raise community finance is dependent on the affluence and population density of a locality. Unable to raise all the finance it needed from the community of Mull, the organisation was forced to access more expensive loan finance. Communities present important test beds for innovation, but direct long-term benefits may not be forthcoming. In its role as a trusted local organisation, GEM demonstrated an important role for community energy in facilitating innovation, but the extent to which it has been able to benefit from this is questionable. Partnerships with public landowners are critical to project delivery. Forestry and Land Scotland made land available for use by GEM, which was critical to their hydro scheme. Without this the project could not have taken place.
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This report presents the third of four case studies of UK community energy organisations conducted during 2018/19. These will later be included as part of a synthesis briefing alongside a series of sector-level interviews. The case study makes use of a combination of qualitative (e.g. interviews, organisation reports) and quantitative (e.g. financial reports) data. Summary of key lessons: The withdrawal of the FiT has made business model innovation necessary, whilst legacy revenues from the FiT have made experimentation possible. The withdrawal of the FiT has meant that the CIC is unable to employ its existing revenue model for future projects, forcing it towards a more service-oriented approach. Interestingly, the 20-25 year long guaranteed revenue the FiT provides has also provided the CiC with the necessary capital and security for them to experiment with their business model. Community loans and bonds can be a viable alternative to community shares for delivering community energy projects. Instead of crowd-sourcing share finance from hundreds of shareholders, Gwent Energy has shown how raising community loans and bonds through a members-only Investor Club presents a different means of raising capital. Challenges of CIC legal structure have been overcome by an innovative finance model and a cooperative ethos. Whilst it has some advantages, the CIC legal structure suffers from the inability to raise community shares and the lack of an automatic democratic "one shareholder, one vote" system. These shortcomings have been overcome by legally incorporating these voting rights and raising finance through loans and bonds from community members only. In turn, these investors are invited to sit on committees to shape the CIC's future. Heating business models present key challenges for community groups. Gwent Energy have thus far been unable to expand the heating side of its business, because of a combination of the poor rate of return from some low-carbon heating technologies (e.g. heat pumps), the rising cost of ...
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In: EIST-D-22-00060
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In: Environmental science & policy, Band 59, S. 74-84
ISSN: 1462-9011
In: JEPO-D-22-01119
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In: Marine policy, Band 106, S. 103537
ISSN: 0308-597X