Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2019.02.067 |
Analyzing the determinants of the size of investments by community renewable energy members: Findings and policy implications from Flanders | |
Bauwens, Thomas | |
2019-06-01 | |
发表期刊 | ENERGY POLICY |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2019 |
卷号 | 129页码:841-852 |
文章类型 | Article |
语种 | 英语 |
国家 | Netherlands |
英文摘要 | 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. |
英文关键词 | Renewable energy Cooperative Community energy Citizen engagement Investments Community finance |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000468012900076 |
WOS关键词 | OPPORTUNITIES |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/183696 |
专题 | 气候变化 |
作者单位 | Univ Utrecht, Copernicus Inst Sustainable Dev, Princetonlaan 8a, NL-3584 CB Utrecht, Netherlands |
推荐引用方式 GB/T 7714 | Bauwens, Thomas. Analyzing the determinants of the size of investments by community renewable energy members: Findings and policy implications from Flanders[J]. ENERGY POLICY,2019,129:841-852. |
APA | Bauwens, Thomas.(2019).Analyzing the determinants of the size of investments by community renewable energy members: Findings and policy implications from Flanders.ENERGY POLICY,129,841-852. |
MLA | Bauwens, Thomas."Analyzing the determinants of the size of investments by community renewable energy members: Findings and policy implications from Flanders".ENERGY POLICY 129(2019):841-852. |
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