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Content archived on 2024-04-19

Economical potential use of renewable energies

Objective



This proposal to the APAS research project aims at designing maps and charts of the best suited regions in Europe for the investment in the Renewable Energies sector. The proponents consider that proven technologies and the knowledge of potentials already exist thanks to previous research and development in most Union countries. These proven potentials and advanced technologies are not by themselves enough to bring the interest of the financial agents. Many projects still suffer delay, overcosts and poor returns that could have been avoided. To convince the potential investors, the research will focus on the risk assesment, the costs and the possible return on the investment. This work will be done on the regional level and for several technologies: Windpower for the electricity grid, biomass (from wood crops and waste) for heat, electricity and CHP, solar thermal for buildings and industries. To chart the returns on the investment, the layout of the results will compare the need for energy services with the cost for supplying renewable energy, crossed with national and local subsidies or specific delays and taxes, with costs associated to geographical conditions (islands, particular weather problems, special environmental burden...) The expected benefit of the research is to offer a wide scope of information for investors considering investing in Renewable Energy projects, before they launch studies on the commercial feasability of a particular project. The national and regional authorities could also benefit for the reviewing of their RE policies, in identifying the barriers preventing the commercial development of RE They could also better identify the benefits for different actors : utilities, local developpers, manufacturers, the society at large. The proponents belong to six Union countries, and are all research organization (private and University) already involved in Renewable Energies

Topic(s)

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Call for proposal

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Coordinator

Institut d'Évaluation des Stratégies sur l'Énergie et l'Environnement en Europe
EU contribution
No data
Address
5 rue Buot
75013 Paris
France

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Total cost
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Participants (5)