Achieving renewable energy, climate, and air quality policy goals: Rural residential investment in solar panel

Kaya, Özgür; Klepacka, Anna M.; Florkowski, Wojciech J.

doi:10.1016/j.jenvman.2019.109309

Cited by 37 publications

(23 citation statements)

References 17 publications

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“…Renewable energy is one of the basic elements of sustainable development, as well as in the scope of protection and improvement of air quality [1][2][3][4][5]. In this context, the prevention of low-altitude emissions (with emitters not exceeding 40 m in height) is in line with trends in modern environmental management and thereby with trends in the sustainable regional development of various spatial units in urban and rural areas [6][7][8].…”

Section: Introductionmentioning

confidence: 99%

Development of Renewable Energy Sources in the Context of Threats Resulting from Low-Altitude Emissions in Rural Areas in Poland: A Review

Piwowar

Dzikuć

2019

Energies

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The process of transformation of the Polish economy, traditionally based on coal, into an economy that uses low-carbon technologies, faces a problem associated with the diversification of energy sources, especially in rural areas. The scale of the use of conventional energy carriers in households located in rural areas in Poland has a very negative impact on the natural environment. The aim of the paper is to indicate possibilities of reducing low-altitude emissions (with emitters not exceeding 40 m in height) in rural areas in Poland, through the development of renewable energy sources. This paper provides an overview of the specific character of rural areas in Poland and the development challenges faced in these areas in the investigated scope. In order to reduce greenhouse gas emissions and improve energy efficiency, it is necessary to dynamize pro-ecological activities in agriculture and in rural areas, including the development of agricultural biogas plants, wind and photovoltaic farms. The use of renewable energy sources can be an important factor in the development and sustainable growth of rural areas in Poland.

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Section: Introductionmentioning

confidence: 99%

Development of Renewable Energy Sources in the Context of Threats Resulting from Low-Altitude Emissions in Rural Areas in Poland: A Review

Piwowar

Dzikuć

2019

Energies

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“…Poles are already bearing enough costs by paying with their deteriorating health and feeling the effects of climate change. Renewable energy is one of the crucial elements of sustainable development, and in protecting and improving air quality [53][54][55].…”

Section: Investment In Renewable Energy Sources In the Context Of Caring For The Environment And Counteracting Energy Povertymentioning

confidence: 99%

The Role of Renewable Energy Sources in Alleviating Energy Poverty in Households in Poland

2021

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Energy poverty is a problem that affects all member states of the European Union to a varying degree, including Poland, where about 9% of the population is at risk of energy poverty. The article aims to show the changes in energy poverty in Poland in 2010–2018. The specific goal, however, is to evaluate government measures aimed at reducing energy poverty through investments based on renewable energy sources. To present changes in the level of energy poverty in 2010–2018, the authors proposed a new synthetic measure that unifies several different measures used by researchers and allows for a comprehensive assessment of this phenomenon. The conducted research showed that in 2010–2018 there was a slow but visible decrease in the level of energy poverty in Poland. In addition, the article indicates investments in renewable energy sources that may have a positive impact on reducing the scale of energy poverty in Poland. The programs implemented with national and EU public funds, which finance investments in renewable energy sources in Poland, are also presented.

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“…The renewable energy generation is usually competitive (Furlan & Mortarino, 2018; Guidolin & Guseo, 2016; Pitelis, Vasilakos, & Chalvatzis, 2019; Wang, Yan, Zhuang, & Zhang, 2019) due to several factors, such as cost (Robert, Sisodia, & Gopalan, 2017; van der Ploeg & Rezai, 2020), logistic issues (Chen & Su, 2019; Malladi & Sowlati, 2018), transmission (Chen et al, 2020; Mokryani, Hu, Papadopoulos, Niknam, & Aghaei, 2017; Soroudi, Rabiee, & Keane, 2017), demand (Robert et al, 2017), regulations (Sisodia, Soares, & Ferreira, 2016a, 2016b), policy (Abrell & Rausch, 2016; Albrizio, Kozluk, & Zipperer, 2017; Sisodia & Soares, 2015), loss (Quansah & Adaramola, 2019; Rahmani‐Andebili, 2017), storage (Robert, Sisodia, & Gopalan, 2018), investor's interest (Crago & Chernyakhovskiy, 2017; Kaya, Klepacka, & Florkowski, 2019; Linn & Shih, 2019), and efficiency (Brent & Ward, 2018). Since the cost of investment is high and given that renewable energy projects are irreversible (Flatland, Hove, Lavrutich, & Nagy, 2019), a key criterion for the investors to invest in renewable projects is the governmental support through regulatory schemes (Gatto & Drago, 2020; Stephenson & Shabman, 2019; Xie, Yuan, & Huang, 2017).…”

Section: Literature Reviewmentioning

confidence: 99%

Strategic business risk evaluation for sustainable energy investment and stakeholder engagement: A proposal for energy policy development in the Middle East through Khalifa funding and land subsidies

et al. 2020

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This article projects business risk through deferent industrial scenarios in concentrated solar investments in the United Arab Emirates (UAE). Nationwide, the government seeks a sustainable solution through energy policy development and engagement of the stakeholders for clean energy generation at wider level in the long run. Support has been extended through various support schemes. In the current study, Monte Carlo simulations and net present value (NPV) risk are used to analyse the return on investment. A 5 MW concave solar panel project is evaluated. We have assessed the impact of local factors on profits through NPV. The study proposes that a higher NPV is expected if the concave solar panel project is financed 50% by Khalifa funding. The study also proposes a robust policy and highlights the opportunity of business profitability if the government subsidises land leasing with respect to each scenario. Additionally, the study also proposes a policy to maintain the interests of investors in the UAE.

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Achieving renewable energy, climate, and air quality policy goals: Rural residential investment in solar panel

Cited by 37 publications

References 17 publications

Development of Renewable Energy Sources in the Context of Threats Resulting from Low-Altitude Emissions in Rural Areas in Poland: A Review

Development of Renewable Energy Sources in the Context of Threats Resulting from Low-Altitude Emissions in Rural Areas in Poland: A Review

The Role of Renewable Energy Sources in Alleviating Energy Poverty in Households in Poland

Strategic business risk evaluation for sustainable energy investment and stakeholder engagement: A proposal for energy policy development in the Middle East through Khalifa funding and land subsidies

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