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  • © 2019

Energy Transition

Financing Consumer Co-Ownership in Renewables

Palgrave Macmillan

Editors:

  • Presents methodology and measures to demonstrate best practice in how such a co-ownership model could work
  • Provides case studies highlighting experiences from various parts of the world
  • Introduces new financing instruments for facilitating energy transition

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Table of contents (32 chapters)

  1. Front Matter

    Pages i-xxvi
  2. Rationale for Consumer Ownership in Renewable Energies

    1. Front Matter

      Pages 27-27
    2. From Fossil to Renewable Energy Sources

      • Carsten Croonenbroeck, Jens Lowitzsch
      Pages 29-58
  3. Consumer (Co-)Ownership: Conventional Models and Consumer Stock Ownership Plans

    1. Front Matter

      Pages 113-113
    2. Renewable Energy Cooperatives

      • Jens Lowitzsch, Florian Hanke
      Pages 139-162
    3. The Life Cycle of a CSOP Investment: Sample Calculation for a German Wind Turbine

      • Carsten Croonenbroeck, Pasqual Slevec
      Pages 185-196
  4. Country Reports

    1. Front Matter

      Pages 197-199
    2. Consumer (Co-)Ownership in Renewables in the Czech Republic

      • VĂ­tÄ›zslav MalĂ˝, Miroslav Ĺ afařík, Roman Matoušek
      Pages 201-222
    3. Consumer (Co-)Ownership in Renewables in Denmark

      • Anita Rønne, Flemming Gerhardt Nielsen
      Pages 223-244
    4. Consumer (Co-)Ownership in Renewables in France

      • Pierre Wokuri, Melike Yalçın-Riollet, Claire Gauthier
      Pages 245-270
    5. Consumer (Co-)Ownership in Renewables in Germany

      • Ă–zgĂĽr Yildiz, Boris Gotchev, Lars Holstenkamp, Jakob R. MĂĽller, Jörg Radtke, Laura Welle
      Pages 271-293
    6. Consumer (Co-)Ownership in Renewables in Italy

      • Andrea Borroni, Felicia van Tulder
      Pages 295-318
    7. Consumer (Co-)Ownership in Renewables in the Netherlands

      • Sanne Akerboom, Felicia van Tulder
      Pages 319-344
    8. Consumer (Co-)Ownership in Renewables in Poland

      • Katarzyna Goebel
      Pages 345-367

About this book

Consumer (co-)ownership in renewable energy (RE) is essential to the overall success of Energy Transition. In June 2018, the European Union agreed on a corresponding enabling framework as part of a recast of the Renewable Energy Directive (RED II). The transposition of these comprehensive rules – in particular those on local RE communities – requires developing, implementing and rolling out business models that broaden the capital participation of consumers. The challenge is to include municipalities and/or commercial investors like SMEs and advance to economies of scale while retaining the benefits of individual consumer participation.


This book is addressed to energy consumers in local communities, their municipalities and to the policy makers who represent them. Additionally, non-EU countries, in particular those where rural areas have limited access to energy, e.g. in Asia, Africa and Latin America, may be interested in the benefits of consumer ownership. While demand for energy in developing countries is growing, access to energy is crucial for improving the quality of life. 


The editor of this book presents a new model of consumer ownership in RE for both the EU and countries worldwide. Part One describes the rationale for consumer ownership in RE with regard to social, organizational, legal and financial conditions. Part Two discusses the issue of financing RE and introduces a new financing technique, the Consumer Stock Ownership Plan (CSOP), comparing it to traditional models. Part Three provides 18 country studies from Europe, North America, South America and Asia, organized so as to enable a cross-country comparison of policy approaches and feasibility. Policy recommendations are based on the results of this survey. Part Four summarizes, compares the best practice cases, presents a cost-benefit analysis of “prosumage” and against this background evaluates the impact on future policy.







Editors and Affiliations

  • European University Viadrina, Frankfurt (Oder), Germany

    Jens Lowitzsch

About the editor

Jens Lowitzsch is Kelso-Professor of Law and Economics at the European University Viadrina in Frankfurt (Oder), Germany, since 2010. He teaches Comparative Law, East European Economic Law and European Legal Policy.





   

Bibliographic Information

Buy it now

Buying options

eBook USD 149.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 199.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access