We are going to now look at how nonmarket strategies can be developed for renewable energy projects. The literature on nonmarket strategies specifically addressing renewable energy projects is minimal, so we will need to interpolate and interpret relevant examples based on the currently available cases and arguments, as exemplified in the readings for Lesson 10. What is clear is that the further development and adoption of all forms of renewable energy can benefit from making the nonmarket arguments and implementing the nonmarket strategies.
Prime among nonmarket arguments for renewables, thus far, has been the immediate need to reduce the overall emission of GHGs and addressing the impacts of climate change, which renewables help to significantly reduce. The next nonmarket issue that has played a significant role in directing energy policy is "energy security" and "energy independence" for nation states. The "energy independence" argument drives the exploration of local energy resources, both in terms of traditional fossil fuels and renewables. Climate change and all that is entailed with it is, globally, the biggest nonmarket driver of renewables adoption. However, there are many other aspects worth considering as well, such as emissions related to issues other than GHGs and the use of fresh water at any point in the energy cycle.
For the rest of this course, what are referred to here as "policies" will be the main mechanism with which overall nonmarket strategies will be implemented. "Policies" can refer to corporate, NGO, or governmental actions (formally articulated) that attempt to enable aspects of an overall nonmarket strategy. You will be constructing a "policy" and a "policy brief" for your final project, which will contain your campaign and background rationale.
By the end of this lesson, you should be able to:
This lesson will take us one week to complete. Please refer to the Course Syllabus for specific time frames and due dates. Specific directions for the assignment below can be found within this lesson.
Requirements | Assignment Details |
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To Do | Read and familiarize yourself with all the Lesson 10 materials. |
Read |
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Assignment |
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If you have any questions, please post them to our Questions? discussion forum (not e-mail), located under the Discussions link in Canvas. I will check that discussion forum daily to respond. While you are there, feel free to post your own responses if you, too, are able to help out a classmate.