share

Global Dynamics in the Green Energy Industry: A New Engine of Growth

by 

Fereidun Fesharaki, Nam-Yll Kim, Yoon Hyung Kim, and ZhongXiang Zhang (eds.)

Publisher:

Gyeonggi-do, Korea: Korea Energy Economics Institute

Available From: Korea Energy Economics Institute
Publication Date: May 2011
ISBN: 978-89-504-314-3
Binding: cloth
Pages: xliiv, 336

 

Accelerating the use of renewable energy and low-carbon fuels has become an important objective for the next several decades, to reduce the local emissions of gases harmful to human health, as well as to reduce the emissions of carbon dioxide and other greenhouse gases to address climate change. While the availability of "green energy" does not guarantee "green development," it is a necessary input for such development. Major economies have already made significant progress in increasing the use of green energy, and others would like to benefit from this experience to help in the implementation of their own plans. Korea, Japan, China, the European Union, and the United States are making substantial investments in this area. Europe, the United States, and China lead the way in investment and promotion of renewable technologies.

Among green energy technologies, this book addresses the following six core green energy technologies that can reduce, avoid, or capture and store greenhouse gas emissions: Solar photovoltaic, wind power, LED lighting, smart grid, nuclear, and CCS. The book focuses on the diverse array of proactive policy measures employed by the European Union, Japan, the United States, China, and Korea: public investments, direct subsidies for green energy installation, subsidies for green power generation such as feed-in tariffs and production incentives, government procurement contracts, tax credits, capital subsidies, preferential financing and loan guarantees, and renewable portfolio standards or other deployment requirements.

The book highlights best policies and practices in national (regional) green energy policy making relating to research and development, manufacturing capacity, enabling infrastructure, and market development in each of the six core green energy technologies mentioned above. The book also analyzes the global dynamics of each of the six core green energy technology industries, focusing on the economics of the technology, the research and innovation capability, the manufacturing capability, critical issues to the particular technology, and the policy landscape.

© Korea Energy Economics Institute
An appendix published as a separate volume is also available.