Supporting Renewables: Local Ownership, Wind Power and Sustainable Finance

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Sustainable Energy

Part of the book series: Energy, Climate and the Environment Series ((ECE))

Abstract

There are a range of ways to provide financial and institutional support for renewable energy projects — including direct government support and corporate investment. However, given that many renewable energy technologies are relatively small scale, there has also been enthusiasm for more grass roots orientated initiatives involving some degree of local involvement, including direct local ownership. In some countries, this approach has been adopted in the case of wind projects with some success. Quite apart from potentially contributing to local economic renewal, it is sometimes argued that local involvement, and especially ownership, helps to avoid local opposition to what may otherwise be seen as imposed projects.

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© 2007 Dave Toke

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Toke, D. (2007). Supporting Renewables: Local Ownership, Wind Power and Sustainable Finance. In: Elliott, D. (eds) Sustainable Energy. Energy, Climate and the Environment Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230378384_8

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