Renewable Energy Finance: Powering The Future

Renewable Energy Finance describes in rich detail current best practices and evolving trends in clean energy investing. With contributions from some of the world's leading experts in energy finance, the book documents how investors are spending over US$200 billion each year on financing renewable energy and positioning themselves in a global investment market that will continue to expand at double-digit growth rates through the end of the decade. The book describes with first-hand experiences the challenges of "keeping the lights on" amid rising conventional energy prices and looming environmental risks.

Chapters describe project financing vehicles for a range of renewable energy technologies including solar photovoltaic power plants, offshore wind farms, and bio-fuel refineries, as well as financing practices in a diverse set of countries such as the United States, the United Kingdom, India, and China. The book gives readers a unique insiders' perspective on how renewable energy deals actually get done, and is a go-to reference manual for understanding how to fund investment projects in renewable energy. Drawing together contributions from senior executives and academic thought-leaders, Renewable Energy Finance will serve an audience of readers craving a practitioner's perspective that avoids industry clichés, self-promotion, and grandstanding.
Contents:Section I:Introduction to Renewable Energy Finance (Charles Donovan)The Clean Energy Imperative (Jim Skea)How Much Renewable Energy Will the Global Economy Need? (Guy Turner)Investor-Specific Cost of Capital and Renewable Energy Investment Decisions (Thorsten Helms, Sarah Salm & Rolf Wüstenhagen)Section II:Markets, Governments and Renewable Electricity (Richard Green, Alan Howard & Sabine Howard)The Impact of Government Policies on Renewable Energy Investment (Gireesh Shrimali)Mobilizing Private Sector Capital in Developing Countries (Alexandre Chavarot & Matthew Konieczny)Renewable Energy Finance in China (Philip Andrews-Speed & Sufang Zhang)Measuring the Carbon Delta of Investment Performance (Celine McInerney & Derek Bunn)Section III:The Growing Role for Private Equity (Brian Potskowski & Chris Hunt)Project Finance and the Supply of Credit from Commercial Banks (Alejandro Ciruelos Alonso)The Untapped Potential of Institutional Investors (David Nelson)The Spectacular Growth of Solar PV Leasing (Bruce Usher & Albert Gore)Crowdfunding: Ready for the Big Leagues? (Karl Harder & Sam Friggens)
Readership: Advance economics undergraduates and postgraduates undertaking module in Environmental and Energy. Finance students undertaking Energy Finance modules. Researchers and interested financial professionals looking for a reference volume on clean energy investing.