Links are provided to the original stories on their major media websites. If any link fails to function, read this webpage. These inspirational stories are ordered by date posted to this list.
Renewable Energy Investment in Undergo a two-fold reform of the market structure by targeting the creation of a regional market, thus appealing to be more attractive for private investors than the current small individual markets. An integrated regional market with physical and regulatory cross-border connections can generate liquidity.
And there should be an increase in cooperation with EU countries towards the harmonization of technical plans and standards, with the aim of levelling the playing field between EU and nonEU countries.
Private involvement in the energy sector is becoming increasingly important as public funding diminishes.
International financial institutions and facilities, such as the EBRD and EIB, play a pivotal role in providing technical assistance programs to project developers in designing bankable projects, in lending facilities for renewable energy and energy efficiency financing and espe- cially in encouraging joint facilities, pooling grants from different donors and sources, in which the international bank plays a role of guarantor.
In addition, the Energy Community Secretariat is making strides in fostering inter-regional cooperation in terms of policymaking, energy market design, awareness raising and capacity building to improve the overall regulatory environment to attract for- eign direct investment.
The road to increasing investment flows in renewable energy projects in the Western Balkans is full of obstacles, but current trends suggest that these challenges will be overcome and integrate more with Europe.
Revelle Group is a development consultancy working in developing countries and emerging economies in three key sectors: Qendresa Rugova offtake is also of significant importance as it manages volume risk.
Mandatory offtake should be guaranteed for the entire project lifetime or alternatively projects should be allowed to access wholesale power markets or to enter bilateral agreements with third parties. The following are some bankability considerations for national governments to stimulate the development and financing of renewable energy projects in the West Balkan region: Action plans and implementation roadmaps for each renewable energy sector to ensure national targets are translated into deliverable and measurable action items.
Support schemes should ensure a stable, efficient and balanced support for renewables given the decreasing cost of RES technologies with limited demands on public spending. Avoid sudden material policy changes that are detrimental to industry developments.
To mitigate such risks investors may seek an explicit guarantee ensuring that future changes in law with regards to support schemes will not be imposed on plants already in operation and those in development.
Priority access and mandatory power Local RES developers: Develop local capabilities to bring quality projects to the market.
This is important as foreign investors often seek joint venture partners to mitigate local risks.
Develop a streamlined and transparent permitting process. Permittingrelated risks are especially important to equity investors who require clarity to be able to commit to developing renewable energy projects. Usually such regulatory obstacles discourage investors from investing in a given region and, conversely, to favor others in the global competition to attract capital.
In addition, permitting and all other development costs are becoming increasingly more important to investors as the ever-declining technology costs means that soft costs, such as non-hardware costs, represent a bigger share of total project costs and therefore have a higher impact on project profitability.
Lack of transparency when it comes to accessing national grids is often a main challenge for investors. National governments need to provide clear information on grid availability, technical specifications, connection points as well as the permitting steps to be granted access to national grids.
Project finance structures require robust project agreements to allow for risks to be transferred to parties that are best able to manage them.
In the West Balkans, it is often challenging to conclude bankable agreements with strong, creditworthy counterparts able to undertake and deliver on those agreements. Limitations on the availability of counterparts make it difficult to anticipate and guarantee long-term stability in terms of price and quality.
The long-term aspect is particularly important as investors and lenders need to rely on the fact that such parties will be in the market for the life of the project.
However, the most important agreement remains the PPA which if not properly structured could expose investors to market and incumbent utility credit risk. To accommodate this, strong and bankable PPAs in line with international stanards should be developed.
Qendresa Rugova is a corporate and project finance adviser focused in the energy industry. She specializes in renewable energy, emerging trends in clean technologies and financing models. International Financial Institutions 2. Essential for Smart Energy Systems The transition of the energy market is causing current energy demand-supply imbalances, presenting opportunities for buildings to take on an important role in balancing the grid through demand management with new technologies.
The Kuggen building makes use of green building technology on four different levels: As it is not constricted by traditional borders and national systems anymore, it is becoming less centralized, more interconnected, and more variable.Also saving users a lot of money in reduced energy costs.
year payback period and works well in condos, buildings and dense cities where solar/wind are challenging. An Opinion-Editorial Essay Submitted to Canadian Science Policy Centre Consider producing some amount of energy for domestic consumption in the community it serves using.
Air Pollution Costs France Ã¢â€šÂ¬ billion a year Deaths from Global Disasters Rising in Global Warming is Causing Rain to Melt the Greenland Ice Sheet. An essay The Cultivation of Conspiracy in The Challenge of Ivan Illich a book of a collection of essays by many of his colleagues edited by Lee Honacki and Carl Mitcham.
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9 Featuring pieces by Rachel Laudan, Alan Levinovitz, R. David Simpson, Fred Block, Julie Guthman, In the Netherlands, the Party for the Animals, too — more so than the average farm producing the same volume of strawberries.
3. Costs of Producing Biogas at Dairy Farms in The Netherlands By , Dutch dairy chains envisage to be self-sufficient with regard to energy used by dairy farms and dairy processors. This would require dairy farms to produce 25 PJ per year, possibly by a combination of wind, solar and biogas.
Biomethane from Dairy Waste A Sourcebook for the Production and Use of Renewable Natural Gas in California Prepared for Western United Dairymen.