Renewables Energy Management

Strategies and tools to сut energy consumption and bills while continuing to enjoy your lifestyle.

This book explores the different aspects of energy in human life especially expressing the advanced technologies in renewable energy resources. Due to the environmental pollution caused by fossil fuels and the non-permanent nature of these resources, the move towards the use of renewable energy has accelerated.

This book combines the fundamentals of economics, technology, and policy in deriving feasible solutions to facilitate the large-scale development of renewables in the ASEAN. A unique feature of this book is documenting that achieving large-scale renewables deployment inevitably requires combining these three distinct but interrelated forces of economics, technology, and policy. The economic foundations are guided by the microeconomic foundations grounded on economic efficiency and the associated market designs to deliver short-run economic efficiency including the application of auction designs and cost-benefit analysis.

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.