NEW CONCEPTS FOR GREEN DEVELOPMENT AND THEIR APPLICATION IN ENERGY SECTOR Cover Image

NOVI KONCEPTI ZELENOG RAZVOJA I NJIHOVA PRIMJENA U ENERGETICI
NEW CONCEPTS FOR GREEN DEVELOPMENT AND THEIR APPLICATION IN ENERGY SECTOR

Author(s): Stjepan Car, Robert Pašičko, Josip Beber
Subject(s): Business Economy / Management, Energy and Environmental Studies, Environmental and Energy policy
Published by: Hrvatska akademija znanosti i umjetnosti - Zavod za znanstveni rad Varaždin
Keywords: enewable energy sources; energy cooperatives; crowdfunding; Blockchain; energy transition; green development;

Summary/Abstract: A number of world-wide changes affect the energy sector; especially electric sector. The goals of modern states are changing due to the increasing desire of citizens to improve the quality of the environment, desire to achieve energy security and will to get a more honest price of energy, as well as preventing the consequences of climate change and mitigate their effects. Global progress towards achieving these goals is reflected in: increased investment efforts, the adoption of climate agreements through national policies and the development of various technologies (solar systems, wind power plants, electric vehicles, battery systems, smart grids, blockchain etc.). Although some actors have not yet recognized the potential of green development, an increasing number of citizens, organizations and energy companies are actively involved and linked through the energy transition. Green development is full of innovative process and it includes actors with different business background. In order for the energy transition to gain momentum, more and more organizations are involved in the alternative funding of green energy projects such as crowdfunding platforms. In addition, there is a visible shift in the capital raising of smaller energy companies that rent equipment from citizens for power plants or use other innovative business models to increase the share of renewable energy sources in their energy portfolio and involve citizens in process. Local authorities increasingly recognize and accept the need for more honest energy system by taking on an active role in combating climate change and energy transition. The development of new concepts of green development enables building of trust between energy companies and end users.

  • Issue Year: 2018
  • Issue No: 29
  • Page Range: 325-348
  • Page Count: 24
  • Language: Croatian