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| Srl | Item |
| 1 |
ID:
166503
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| Summary/Abstract |
Community renewable energy initiatives are increasingly recognized as important actors to trigger citizen investments in renewable energy facilities. Little is known, however, about the factors that determine the size of financial investments made by community renewable energy members. To address this gap, this paper presents a multivariate econometric analysis of the economic, social, environmental and institutional determinants of the size of investments in community renewable energy. It relies on a large-scale survey of 4061 members of two renewable energy cooperatives located in Flanders, in the northern part of Belgium. Results show that the return on investment is the most important determinant for members of large communities of interest, while environmental, social and other non-economic drivers tend to dominate financial motives for members of smaller communities of place. The presence of other cooperative members in close social networks plays a particularly important role in the latter kind of communities, highlighting the strength of social interactions as a driver for investments. These results can help policy-makers to design more adapted policy measures for fostering financial investments at the community level, and project developers to tailor segmented communication strategies about the goals and benefits of projects.
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| 2 |
ID:
190604
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| Summary/Abstract |
As the Dutch policy of public participation in renewable energy projects takes momentum, lessons from Zeeuwind -a successful energy cooperative-can help improve resilience of the emerging energy cooperatives. Our results are based on thirty-five-year data from newspapers, resulting in a database of 584 news articles. We conclude that the Dutch policies for small-scale energy initiatives have not been consistent and alignment of policies between different levels of governance was missing. Despite these challenges, Zeeuwind achieved economic resilience, which was made possible through multiple factors, unique among them are: 1) Zeeuwind’s origin in the environmental NGO at the provincial level, which provided it with the necessary knowledge and network for a strong start. 2) The memberships of municipalities. 3) The focus on the level of the province to site new projects. 4) A contract of ten years with the energy incumbent. 5) The strategic decision to expand the technological portfolio. 6) Expansion of business through new partnerships and joint ventures. For scaling of Dutch energy cooperatives and improving their resilience, we recommend strengthening institutional structures that facilitate local cooperatives to participate in large renewable energy projects by building their organisational capacity via trainings and network building, legitimacy creation from political incumbents, and increased collaboration with energy incumbents.
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| 3 |
ID:
179699
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| Summary/Abstract |
Policy makers in various countries have made the development of community energy, especially in the form of a renewable energy cooperative (REC), a goal of energy policy. Weaknesses in qualifications of REC management teams have been identified by previous research as a barrier for the further development of RECs, especially when implementation of new business models is needed. Our study is the first to examine in detail the qualifications (human capital) and networks (social capital) of REC management; our data comes from online survey responses from 187 board members of 125 RECs in Germany. We analyzed how many RECs are planning to implement new business models, finding that less than half of the surveyed RECs are planning to do so. Those REC boards that are planning new business models will require skills in sales and marketing, but REC management has qualification weaknesses and gaps in their networks precisely in these two areas. RECs could remedy these problems by bringing onboard new management team members with complementary qualifications and networks, partnering with other RECs and organizations, and training management team members. Policy makers committed to community energy can support RECs through training programs and assistance in building partnership networks.
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