Original scientific paper

https://doi.org/10.5772/54707

Commercializing Emerging Renewable Energy: A Case Study

Matti Lehtovaara ; Lappeenranta University of Technology, Department of Industrial Management, Lappeenranta, Finland
Matti Karvonen ; Lappeenranta University of Technology, Department of Industrial Management, Lappeenranta, Finland
Jussi Tuunanen ; Lappeenranta University of Technology, Department of Electrical Engineering, Lappeenranta, Finland
Olli Pyrhönen ; Lappeenranta University of Technology, Department of Electrical Engineering, Lappeenranta, Finland
Tuomo Kässi ; Lappeenranta University of Technology, Department of Industrial Management, Lappeenranta, Finland

Abstract

A broad scientific consensus exists that the global climate is changing. The Earth’s surface temperature could rise significantly over the next few decades, leading to us witnessing an entirely new and unknown planet. Improved energy efficiency, decreasing use of fossil fuels and wide diffusion of various renewable energy sources are among the focal measures to limit global warming to a sustainable level. The objective of this study is to analyse how renewable energy, such as wind power and bioenergy, could be efficiently commercialized. The evaluation is based on a case study and expert analyses exploiting lateral and parallel thinking methods, and group decision support systems tools. The results reveal that some of the generated ideas are ready for implementation to commercialize renewable energy, whereas others still require technical and commercial development, and improvements before maturity.

Keywords

Commercialization; Wind Power; Bioenergy; Renewable Energy; Climate Change

Hrčak ID:

160696

URI

https://hrcak.srce.hr/160696

Publication date:

1.1.2012.

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