Review article
Renewable Energy CSOPs in Germany
Jens Lowitzsch
Katarzyna Goebel
Abstract
The Energy-CSOP facilitates broad equity participation of citizens without assets or savings in a regulated public energy utility. As the CSOP is designed for regulated markets with guaranteed prices, regulated market access and long-term relationships between producer and consumer, the energy market is predestined. A CSOP trust can be set up for a renewable energy plant (e.g., a biogas reactor, a solar panel, a windmill or a geothermic drill). European states have set an ambitious target to reach 20% share of energy from renewable sources by 2020. Germany as Europe’s green energy leader could become a pioneer in CSOP implementation. Small communities in Europe would benefit from the increased share of renewable energy resources.
Keywords
Energy CSOP; market regulation; Germany; Europe; citizen’s benefits
Hrčak ID:
111445
URI
Publication date:
28.11.2013.
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