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Commercializing Emerging Renewable Energy: A Case Study.

Authors :
Lehtovaara, Matti
Karvonen, Matti
Kässi, Tuomo
Tuunanen, Jussi
Pyrhönen, Olli
Source :
International Journal of Engineering Business Management; 2012, Vol. 4 Issue 2, Special section p1-11, 11p
Publication Year :
2012

Abstract

A broad scientific consensus exists that the global climate is changing. The Earth's surface temperature could rise significantly over the next few decades, leading to us witnessing an entirely new and unknown planet. Improved energy efficiency, decreasing use of fossil fuels and wide diffusion of various renewable energy sources are among the focal measures to limit global warming to a sustainable level. The objective of this study is to analyse how renewable energy, such as wind power and bioenergy, could be efficiently commercialized. The evaluation is based on a case study and expert analyses exploiting lateral and parallel thinking methods, and group decision support systems tools. The results reveal that some of the generated ideas are ready for implementation to commercialize renewable energy, whereas others still require technical and commercial development, and improvements before maturity. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
18479790
Volume :
4
Issue :
2
Database :
Complementary Index
Journal :
International Journal of Engineering Business Management
Publication Type :
Academic Journal
Accession number :
87800936
Full Text :
https://doi.org/10.5772/54707