Taking Renewables to Market: Prospects for the After-Subsidy Energy Transition The 2021 Antipode RGS-IBG Lecture

Article Environmental Studies

Rentiers of the low-carbon economy? Renewable energy's extractive fiscal geographies

Sarah Knuth

Summary: This article analyzes the financial and institutional challenges faced by renewable energy in the United States. By utilizing tax credits and incentives, the US federal government indirectly subsidizes private financial players to invest in renewables. However, this model has resulted in a number of issues, including reliance on a few major banks, hindered project development, and increased public costs. The article calls for reform and reimagining of this system.

ENVIRONMENT AND PLANNING A-ECONOMY AND SPACE (2023)

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Article Environmental Studies

Electricity capital and accumulation strategies in the US electricity system

Conor Harrison

Summary: The U.S. electricity sector has undergone significant transformations in technology and political economy from 1995 to 2020. Some states have adopted wholesale electricity markets while others have remained regulated. The industry has seen a shift towards natural gas and renewable energy sources, and despite stagnant electricity consumption, utility revenues have continued to grow. This has led to the entry of new actors and changes in accumulation strategies. The industry's reshaping has been influenced by new technologies, financial risk and investment opportunities, and changing regulations.

ENVIRONMENT AND PLANNING E-NATURE AND SPACE (2022)

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Article Environmental Studies

Alternative energy capital of the world? Fix, risk, and solar energy in Los Angeles' urban periphery

Sean F. Kennedy et al.

Summary: California is at the forefront of climate action in the United States, and has promoted renewable energy infrastructure expansion. This article examines private investments in solar energy infrastructure in Lancaster as a response to California's economic and ecological crises, highlighting the challenges and opportunities in the transition towards renewable energy.

ENVIRONMENT AND PLANNING E-NATURE AND SPACE (2022)

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Article Economics

Fossilised Capital: Price and Profit in the Energy Transition

Brett Christophers

Summary: The relative profitability of fossil-fuel and renewable-energy production will have a significant impact on future investment trajectories. Europe's three oil and gas majors are facing the challenge of energy transition and its implications for the global energy transition.

NEW POLITICAL ECONOMY (2022)

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Article Environmental Studies

Procurement, finance and the energy transition: Between global processes and territorial realities

Lucy Baker

Summary: Utility-scale renewable electricity generation is crucial for decarbonisation and ensuring affordable and secure electricity supplies, but there has been limited critical thinking on the complexities of finance and ownership. Despite the environmental benefits, evidence from some countries suggests that procurement and financing processes have often failed to benefit individuals and communities living in the vicinity.

ENVIRONMENT AND PLANNING E-NATURE AND SPACE (2022)

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Article Development Studies

The Wall Street Consensus

Daniela Gabor

Summary: The Wall Street Consensus aims to reorganize development interventions through partnerships with global finance, making development investible for institutional investors. This involves enlisting the state to risk-proof development assets and transforming local financial systems towards market-based finance.

DEVELOPMENT AND CHANGE (2021)

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Article Geography