Energy Transition

Financing Consumer Co-Ownership in Renewables

Editors: Lowitzsch, Jens (Ed.)

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  • -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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  • ISBN 978-3-319-93518-8
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Hardcover $169.99
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  • ISBN 978-3-319-93517-1
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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.


About the authors

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.

Table of contents (31 chapters)

  • Introduction: The Challenge of Achieving the Energy Transition

    Lowitzsch, Jens

    Pages 1-26

  • From Fossil to Renewable Energy Sources

    Croonenbroeck, Carsten (et al.)

    Pages 29-58

  • The Consumer at the Heart of the Energy Markets?

    Lowitzsch, Jens

    Pages 59-77

  • Energy Justice, Energy Democracy, and Sustainability: Normative Approaches to the Consumer Ownership of Renewables

    Jenkins, Kirsten E. H.

    Pages 79-97

  • Consumer (Co-)Ownership and Behaviour: Economic Experiments as a Tool for Analysis

    Yildiz, Özgür (et al.)

    Pages 99-112

Buy this book

eBook $129.00
price for USA in USD (gross)
  • ISBN 978-3-319-93518-8
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $169.99
price for USA in USD
  • ISBN 978-3-319-93517-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Energy Transition
Book Subtitle
Financing Consumer Co-Ownership in Renewables
Editors
  • Jens Lowitzsch
Copyright
2019
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-319-93518-8
DOI
10.1007/978-3-319-93518-8
Hardcover ISBN
978-3-319-93517-1
Edition Number
1
Number of Pages
XXVI, 794
Number of Illustrations
24 b/w illustrations
Topics