A solar city strategy applied to six municipalities: integrating market, finance, and policy factors for infrastructure-scale photovoltaic development in Amsterdam, London, Munich, New York, Seoul, and Tokyo
- Authors
- Byrne, John; Taminiau, Job; Kim, Kyung Nam; Seo, Jeongseok; Lee, Joohee
- Issue Date
- 1월-2016
- Publisher
- WILEY PERIODICALS, INC
- Citation
- WILEY INTERDISCIPLINARY REVIEWS-ENERGY AND ENVIRONMENT, v.5, no.1, pp.68 - 88
- Indexed
- SCIE
SCOPUS
- Journal Title
- WILEY INTERDISCIPLINARY REVIEWS-ENERGY AND ENVIRONMENT
- Volume
- 5
- Number
- 1
- Start Page
- 68
- End Page
- 88
- URI
- https://scholar.korea.ac.kr/handle/2021.sw.korea/90002
- DOI
- 10.1002/wene.182
- ISSN
- 2041-8396
- Abstract
- Policy support platforms like the Feed-in Tariff and the Renewable Portfolio Standard have been very successful in accelerating renewable energy development around the world. Nonetheless, the sustained and consistent transition to a renewable energy future required, e.g., to avoid further climate change, continues to elude societies. To achieve substantial energy transformation, reconsideration of the finance-policy-market interaction is required and is contemplated here by positioning the build-out of a particular renewable energy technology, photovoltaic (PV) energy, as a commitment to infrastructure-scale development. A so-called 'solar city' strategy is analyzed in which large-scale deployment of PV throughout the urban fabric essentially constructs an urban renewable energy power plant by utilizing the vast rooftop real estate available in all cities. The article explores a capital market strategy for practical implementation of urban PV in six case study cities-Amsterdam, London, Munich, New York City, Seoul, and Tokyo. This study demonstrates the substantial potential of the solar city concept in each location and outlines a financing strategy to realize the potential. (C) 2015 John Wiley & Sons, Ltd
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Collections - Graduate School of Energy and Environment (KU-KIST GREEN SCHOOL) > Department of Energy and Environment > 1. Journal Articles
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