...Africa’s Energy Sector Instructor Name: Allana Marie Haist Table of Contents Introduction 3 Literature of Review 3 Africa’s Energy Situation 4 Large-Scale Renewable Energy System 5 Why should Africa promote renewable energy? 6 Why Should Africa Promote Environmental Energy Efficiency? 7 Barriers to Renewable Energy Development 7 Recommendations For Boosting Renewable Energy in Africa 8 Conclusion 9 Methodology 10 Interpretation of The Results 14 Conclusion 15 Recommendations 16 Limitations 16 Works Cited 17 Appendix A 19 List Of Figure: Figure (1)- Place of living 12 Figure (2)- Term Renewable Energy 12 Figure (3) - Implementing Green Energy In Africa 13 Figure (4) – What obstructs people from investing in green energy 13 Figure (5)- Do you think Energy and economic development are related? 14 Figure (6)- After allowing the direct electricity from solar panels to the nearest grid, therefore electricity bills will be lower, are you willing to invest in solar panels 14 Introduction There is a need to meet the growing energy demand...
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...Humanities and Social Sciences Research Writing RHET 1020 Boosting Africa’s Energy Sector Instructor Name: Allana Marie Haist Table of Contents INTRODUCTION 3 LITERATURE OF REVIEW 3 AFRICA’S ENERGY SITUATION 4 LARGE-SCALE RENEWABLE ENERGY SYSTEM 5 WHY SHOULD AFRICA PROMOTE RENEWABLE ENERGY? 6 WHY SHOULD AFRICA PROMOTE ENVIRONMENTAL ENERGY EFFICIENCY? 7 BARRIERS TO RENEWABLE ENERGY DEVELOPMENT 7 RECOMMENDATIONS FOR BOOSTING RENEWABLE ENERGY IN AFRICA 8 CONCLUSION 9 METHODOLOGY 10 INTERPRETATION OF THE RESULTS 14 CONCLUSION 15 RECOMMENDATIONS 16 LIMITATIONS 16 WORKS CITED 17 APPENDIX A 19 List Of Figure: Figure (1)- Place of living 12 Figure (2)- Term Renewable Energy 12 Figure (3) - Implementing Green Energy In Africa 13 Figure (4) – What obstructs people from investing in green energy 13 Figure (5)- Do you think Energy and economic development are related? 14 Figure (6)- After allowing the direct electricity from solar panels to the nearest grid, therefore electricity bills will be lower, are you willing to invest in solar panels ...
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...Research University Higher School of Economics Nizhny Novgorod branch Essay «Investing in renewable energy: global trend» Student: Kutina Alexandra, 12e2 Tutor: Korenkova Marianna Maximovna N. Novgorod 2015 In contemporary business life one of the relatively recent trends is the growing appeal of corporate and private investors to renewable energy. It is well-known fact that in current world people face the problems of scarcer petroleum reserves and global warming. Due to these burning issues, nowadays people pay more and more attention to developing alternative sources of energy. However, developing renewable and natural energy sources such as solar and wind powers, for instance, is believed to be time and money-consuming and unprofitable. There is still significant uncertainty associated with outputs of renewable technologies. This young industry also encounters difficulties with government support in many countries. As investors are always intend to make high returns in their investment it is really attention-grabbing to analyze their incentives and purposes, and observe the present-day situation on the market of renewable energy. Thus, it is important to find worthy arguments in support of the growing popularity of projects devoted to alternative energy powers. First of all, it is reasonable to track investment in renewable power and fuels. The chart below...
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...3.1. British Petroleum (BP) British Petroleum is a company, which focuses mainly on petroleum, but has some interest in alternative energy. It is one of the world’s largest oil and gas companies, which serves over 13 million consumers in more than 100 countries. The market of alternative energy is not as well developed, nor as profitable as oil, but it is a good future investment with the recently raising environmental concerns. BP recognized this on time and entered the solar market in the year of 1973.( History of BP Solar ) 3.2. Background Formed in 1908, The British Petroleum Company was originally called The Anglo-Persian Oil Company. The current name was given in 1954. BP adopted a re-positioning strategy in 1997 and the group chief executive, Lord John Browne, addressed the threat of global warming. Even though the oil industry does not have a good reputation in taking responsibility, BP was put first on the list of Fortune Magazine’s Global 100 Companies on Corporate Strategy. (“Changing the Game.” Stanford Social Innovation Review ) 4. British Petroleum SWOT analysis 4.1. What is SWOT analysis? SWOT analysis is a useful tool for decision making and understanding a certain business. SWOT is an acronym for Strengths, Weaknesses (internal for a corporation), Opportunities and Treats (external for an organisation). SWOT analysis is functional for strategic planning, business planning, marketing, business and product development, as well as research...
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...converting solar energy into usable current electricity using semiconductors that exhibit the photovoltaic effect. Photovoltaic’s method employs solar panels on the roof or on the walls of the house, which are composed of a number of cells containing a photovoltaic cell. The UK is setting itself a mandatory target of ensuring that 15% of our energy consumption comes from renewable sources by 2020, there has never been a better time to invest in micro generation. (On the brink of a bright future,2010) [pic] http://www.bettergeneration.com/the-feed-in-tariff-is-kick-starting-a-solar-boom2100608.html PricewaterhouseCoopers released an analysis of the solar PV markets across Europe and emphasizing the UK market. PwC claims that there will be substantial increase in the installation of Solar PV in the next ten years, but there are a number of obstacles to overcome. In order to captivate this potential growth, individual firms and government must focus on the five big barriers: consumer awareness, upfront funding, and consistency of policy, access to capital and UK skills shortage. The above graph explains the rise of PV if all the five barriers are overcome. (Better generation Ltd, 2009) There are three types of PV commonly used in UK- Môn crystalline, Polycrystalline and Amorphous with and efficiency of 12-15%, 10-13% and 3-6%. Company’s Mission NewVen—Energy Conservation Consultancy—A commercial enterprise, which not only saves money but also, saves energy for an efficient...
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...2/21/2016 Org Policy & Strategy JA Solar Holdings Co, a publically traded company, competes in the energy industry and specializes in the manufacturing and sale of solar sell products. They primarily sell their product through sales personnel and provide business to business distribution of their products and overall they create modules which turn sunlight into usable forms of electricity. Their competitors include Hanwha Q Cells Co, JinkoSolar Holding Co, Trina Solar Ltd, and a newer entrant, Vivint Solar Inc. In the past, efforts to move the world towards solar energy have faced a series of challenges but seem to differ in priority between societies in the developing world. Countries that are known to be more economically deprived have focused on the use of fossil fuels because of their reliability and ease of use. In areas like the U.S., people have been hesitant to adopt solar power cells because of how expensive installation costs were in years past. Often time’s people fail to have a futuristic mind set to see the added benefits and money saving opportunities that you get from installing solar cell panels around your home. However with recent tax incentives and major efforts to make solar cell products more accessible and affordable for households, more and more people have begun to adopt the technology. In China, efforts to move into renewable energy solutions like solar power have increased dramatically and many of the world’s largest solar cell manufacturers can be found...
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...and provide the consumers with what they want. Market structures change depending on the condition of the market and the competition, in order for an organization to be successful, it has to be able to transform it business strategy to conform to market demands. Business strategies are decided after analyzing the market the company will compete in, competitors within that market and the consumer base. The organization that I chose to discuss is NV Energy. I will discuss the type of market that NV Energy operates in, why this market was chosen, How this company might work with other competitors in this market, and competitive strategies that could be used. NV Energy Nv Energy is the local power company established in Las Vegas Nevada. The type of market structure that Nv Energy operates in is called a Monopoly,in the case of NV Energy it is a public utility which is overseen by the government and allowed to operate as a monopoly. In a monopoly market structure a single company owns all or the majority of a market. In this case Nv Energy is a utility company which provides power to all of Nevada. In a monopoly market structure there is little to no competition, Because there is little to no competition the company can control the price of the product and this usually results in higher prices. A monopoly is created when the product or service...
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...Rural Solar Electrification as a substitute for Kerosene Subsidies in India - Sushant Vinchurkar Rural Solar electrification as a substitute for Kerosene subsidies in India In a recent article in the Times of India, renowned economist Swaminathan S. Anklesaria Aiyar has posed a million dollar question: “For decades, kerosene has been sold at highly subsidized prices on the grounds that it provides essential rural lighting to villages without electricity. However, if electricity is now available in all villages in some states, and will soon cover the vast majority of the rural population, why should the kerosene subsidy continue, especially when it’s well known that a corrupt, leaky distribution system means that little actually reaches the poor?” The magnitude of subsidy on Kerosene in India: Factual data Kerosene is primarily used in rural households for lighting (see following figure 1). Subsidized kerosene provided through the public distribution system (PDS) is intended to be targeted to those households that are below the poverty line and have ration cards to prove their economic status. Figure1 National Sample Survey Office data for 2004–05 showed that approximately 50 per cent of poor rural households did not have a BPL card and, in some states, such as Bihar and Jharkhand, the figure was as high as 80 per cent (Ministry of Statistics and Programme Implementation, 2007). Figure 2 (Source: IISD report) 2 Rural Solar electrification as a substitute...
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...| | | | | | | | | | Introduction For more than a year, the Rudd government has been had a contentious issue with the process of introducing an Emission Trading Scheme (ETS). The Carbon Pollution Reduction Scheme (CPRS) was devised to reduce greenhouse gases and Australia’s carbon pollution (DCC 2009). However, the bills were passed by the House of Representatives but have been continually rejected by the Senate as politicians worry about the ways to deal with carbon pollution reduction and to manage the climate changes. The proposed legislation is planned to be implemented by 2011 but this legislation hasn't been approved by the Senate because the opposite politicians ask better profits and they are concerned about jobs at risk as stated above (O' Connor 2009). This paper will examine the purpose of the CPRS by examining the ETS, side taxation and reduction of carbon emissions. First, we'll begin with the tax incident create by the ETS and then the impacts on the elasticity of demand and supply by the tax. Finally, the amendments asked by the government and the effect of this to the market. What is the Emissions Trading Scheme Based on the Emissions Trading Scheme, all companies, which emit carbon, must purchase 'permits' to get the rights to emit a specific amount of greenhouse gases (Garnaut 2008). With the first price of permits set by the government, the market of permits is established under . The below figure demand and supply of the...
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...Chinese Energy Market Michael Alexander Landon Bunn Thomas Burrus Benjamin Duva Marcela Horan Table of Contents: Executive Summary…………………………………………Page 3 Demand for Energy…………………………………………Page 4 Coal and China…………………………………………………Page 6 Solar Energy in China………………………………Page 8 Competition…………………………………………………………Page 9 U.S./China Relations………………………………Page 10 Recommendations……………………………………………Page 14 Joint Ventures………………………………………………Page 15 References…………………………………………………………Page 17 Executive summary As the nation with the world’s largest population moves towards an industry focused on consumer products, the need for an abundant supply of energy becomes essential. While coal and oil are the current sources of energy, concerns about the quantity available and environmental problems force officials in China to look elsewhere for the country’s energy. Nuclear, wind, and hydroelectric power are all options in this field, but solar energy seems to be the most promising. This paper researches the history of energy demand in China and the potential of solar energy. By providing information about competition, the relations between China and the U.S., and methods of entry, we hope to give insight to those interested in entering the Chinese Energy Market. Demand for Energy in China Figure [ 1 ] From the 1940s to the 80s, the Chinese economy grew from an output level of 18% to 44%, while the amount of energy required to match the economic output tripled. This created an...
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...The Entrepreneurs and their Objectives at Start-Up The entrepreneurs behind Green Energy Solution's (hereafter, GES) developing business are the management team of Enertek EMT Canada, with Enertek's CEO George Nemer, acting as General Manager for the initial period. Mr. Nemer has a Bachelor of Science from McGill University, and extensive studies in Marketing and Finance. He is presently working on his Global Energy Executive MBA through the University of Calgary, with an emphasis on environmental studies. He has several years of work experience as a Chartered financial planner for 23 years, and headed Whitewater Lebanon S.A.L. as its CEO while being involved in the construction and management of many of the waterparks built in the Middle East and North Africa. Moreover, he has been active within the renewable energy industry for the last several years. The second entrepreneur responsible for GES is Mr. Alberto Bilotta. Mr. Bilotta graduated from McGill University as a civil engineer, and has over 25 years of work experience as head of Vinac Construction Inc, where he did work on several prominent projects from the Pierre Elliot Trudeau Montreal International Airport to various public institutions such as libraries and hospitals. The original objectives of both Mr. Nemer and Mr. Bilotta were to approach the expanding market of sustainable resources and energy. GES was created to be a division of Enertek EMT Canada as a start-up subsidiary based in Montreal, Quebec. It will...
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...The name of the business is Haleakala Solar Inc In addition to the grading guidelines and requirements outlined in the syllabus, a more detailed breakdown of the term paper grading is as follows: * Review of business formation, development, background and activities, including length of existence in Hawaii and a description of Hawaii-based activities (particularly if you are covering a national "chain" business): 50 points * Quality of analysis and thoroughness of research and discussion of the required topics, including the incorporation of concepts reviewed in the textbooks and use of any outside resources or research as you see fit (a minimum of 3 of the 7 topics outlined in the syllabus must be covered, the paper will be marked down by 50 points if only 2 of the topics are covered, and will be marked down by 100 points if only 1 of the topics is covered. Please clearly indicate which topics you are covering within the body of the paper by creating new titiled subsections for each new topic, see Example 1 below): 150 points. * Conclusion and final thoughts, which may include a global view of what you've discovered about the business, what the future likely holds for the business, etc.: 25 points. Example 1 (create new subsections for each new required topic as follows): Blah Blah Blah Blah Blah Ethical or Moral Issues: Blah Blah Blah Blah Blah Advertising Blah Blah Blah Blah Blah Environmental Issues Blah Blah Blah...
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...Energy Portfolio management (Like Financial Portfolio management) is the Key to solving today’s and the future’s energy issues….. by Doug Story I believe it has been determined and accepted by almost everyone in the financial management industry and by those of us that invest or have our jobs supply financial instruments such as IRAs, Roth IRAs, 401Ks, etc for our retirement that it is imperative that our financial portfolio be diversified in such a manner that when part of the portfolio drops in value other parts of the portfolio will climb so that we may maintain, protect and continue to grow our funds in preparation for retirement. For example, why was the ENRON collapse such a disaster to most of the employees at ENRON? ENRON management had put pressure on everyone in the company retirement program to put all of their retirement savings into ENRON stock, so when the stock collapsed from its record highs these employees lost everything. If many of the employees at ENRON had invested in a diversified portfolio most of the money they placed in their retirement accounts may have been protected from the collapse of the ENRON stock. What does “Diversified Retirement or Stock Portfolio” mean? Simply put it means having a retirement account that is spread out over a range of stocks, bonds, cash and even precious metals. If the stock market goes down, in theory the bonds and precious metals will stabilize or go up at a rate that equals or reduces the losses due to the stock...
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...Introduction The public’s awareness of sustainability promoted the emergency and growth of renewable energy power (e.g. solar PV generated power). Traditionally, SolarWorld US is the dominant player in solar industry in America. However, with the entry of Chinese companies, SolarWorld’s market share has been reduced to a great extent, leading a financial difficulty recently. SolarWorld US needs a strategic change to survive. Based on the SolarWorld USA case study, this report will briefly analyze the solar power industry in three perspectives, namely, industry-based view, resource-based view, and institution-based view to figure out the competitive advantages and disadvantages by comparing to its competitors. Accordingly, strategic actions will be put forward for SolarWorld USA, as well as for Chinese company for their survivals in US market. Industry-Based View Under industry-based view, the strategies taken by MNEs are based on the conditions within the industry the company focus on (Peng 2013). Porter’s ‘Five Forces’ framework outlines the competitive forces within an industry. Respectively, the five forces are rivalry among competitors, threat of potential entry, bargaining power of suppliers, bargaining power of buyers, and threat of substitutes (Porter 1980). On demand side, the government policy initiatives (i.e. federal tax credit) and direct injection of capital drive the growth of the industry, for both commercial and residential purposes. Additionally, the consumer’s...
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...Europe, The Renewable Energy Union Europe, the renewable energy union It is not a secret anymore that the world is running out of fossil energy resources. The oil winning has peaked which means that it becomes harder and harder to pump up the oil these days. Eventually the costs will exceed the benefits. Without payable energy resources the world economy will collapse which will result in hunger, chaos and war. Action has to be taken on a wide scale to prevent these scenarios and the European Union has a big role in this. Leaders and civilians have to be prepared, lifestyles adjusted and alternatives implemented. I can argue that securing the availability of the EU’s energy resources can only be done by modifying all member states, from fossil energy consumers, to renewable energy consumers. The European Union and fossil energy resources Only 15.59% of all oil the EU member states consume comes from their own natural resources. This means that 84,41% comes from non-EU members which shows how dependent we as the EU are on other countries. The EU is mostly dependent (42,4%) on the FSU (former soviet union) with Russia as its biggest supplier.[1] This means that they decide whether the prices are high or low. And nowadays, with the oil peak that is reached and other negative forecasts, barrel prices are increasing rapidly. Next to oil, another major energy resource is gas. By 2030, 60% of all natural gas the EU consumes comes from Russia too.[2] Clearly, Russia is of big...
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