Financial Resources for the Investments in Renewable Self-Consumption in a Circular Economy Framework

Scarpellini, Sabina (Universidad de Zaragoza) ; Gimeno, José Ángel ; Portillo-Tarragona, Pilar (Universidad de Zaragoza) ; Llera-Sastresa, Eva (Universidad de Zaragoza)

Resumen: The availability of financial resources has been pointed out as one of the determining factors for the investment in renewable self-consumption solutions for the energy transition in the European Union. In economic terms, the barriers to investment are related to low levels of profitability and difficulties in accessing financing in some European regions. These barriers must be overcome to foster a sustainable energy transition. However, this topic of analysis is still underexplored in the literature to date. This study provides a characterisation of the financial resources applied to self-consumption from an economic–financial approach to the decision-making investors in a case study in Spain from a novel focus on the subject. The relevance of alternative financial resources as a mechanism to reduce existing barriers is revealed through the analysis of the active role that installers play in making investment decisions, facilitating the growth of self-consumption. The alternative financial channels and the bank intermediation for renewables are topics of interest to promote the energy transition towards a low-carbon economy.

Idioma: Inglés

DOI: 10.3390/su13126838

Año: 2021

Publicado en: Sustainability (Switzerland) 13, 12 (2021), 6838 [17 pp.]
ISSN: 2071-1050

Factor impacto JCR: 3.889 (2021)

Categ. JCR: ENVIRONMENTAL STUDIES rank: 57 / 128 = 0.445 (2021) - Q2 - T2
Categ. JCR: ENVIRONMENTAL SCIENCES rank: 133 / 279 = 0.477 (2021) - Q2 - T2
Categ. JCR: GREEN & SUSTAINABLE SCIENCE & TECHNOLOGY rank: 35 / 47 = 0.745 (2021) - Q3 - T3
Categ. JCR: GREEN & SUSTAINABLE SCIENCE & TECHNOLOGY rank: 7 / 9 = 0.778 (2021) - Q4 - T3

Factor impacto CITESCORE: 5.0 - Social Sciences (Q1) - Engineering (Q1) - Energy (Q2) - Environmental Science (Q2)

Factor impacto SCIMAGO: 0.664 - Energy Engineering and Power Technology (Q1) - Renewable Energy, Sustainability and the Environment (Q1) - Management, Monitoring, Policy and Law (Q1) - Geography, Planning and Development (Q1)

Financiación: info:eu-repo/grantAgreement/ES/DGA/S33-20R
Financiación: info:eu-repo/grantAgreement/ES/DGA/T46-20R

Tipo y forma: Article (Published version)

Área (Departamento): Área Máquinas y Motores Térmi. (Dpto. Ingeniería Mecánica)
Área (Departamento): Área Economía Finan. y Contab. (Dpto. Contabilidad y Finanzas)