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Connecting North-South Energy Cooperatives: Crowdfunding as An Alternative Financing Scheme for Renewable Energy Implementation in Global South

Nataliani, R. (2017) Connecting North-South Energy Cooperatives: Crowdfunding as An Alternative Financing Scheme for Renewable Energy Implementation in Global South.

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Abstract:Renewable energy initiative in Global South has always been a main topic when it comes to reducing energy poverty issue. One of the major challenges of realizing this initiative is financial source. There are already several types of financing scheme in undertaking renewable projects in Global South. However related stakeholders keep on creating innovation in order to bring their project into reality. In the Netherlands, the number of community-based energy initiative, known as energy cooperative, has been increasing since 2010, along with the number of self-generated sustainable energy as a result of their existence (HIER Opgewekt, 2016). The research is intended to find out if this business model of crowdfund-based energy cooperative can be adapted to develop a model in Global South’s business environment by connecting the energy cooperatives in the North and South. The 4I Framework of Business Model Innovation is applied to analyze the development of business model, supported with empirical data from Dutch energy cooperatives collected during interview. The result shows that crowdfunding could be an alternative financial source for energy cooperatives in the South. However, with regards to connecting energy cooperatives between North and South, most Dutch energy cooperatives do not see that partnering with energy cooperative in Global South at the current situation is feasible to be conducted. Future researches can refer to the recommendations for innovative business model to prepare implementation phase.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:43 environmental science
Programme:Environmental and Energy Management MSc (69319)
Link to this item:https://purl.utwente.nl/essays/77511
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