This book explores the financial and regulatory dimensions shaping the electrification of society, an essential step towards global sustainable development. It critically examines the interplay between traditional financial metrics and the pressing need for substantial investments in green infrastructure, a requirement for achieving the ambitious targets set by the 2030 Agenda for Sustainable Development. The book addresses the central question of how to mobilize the financial sector and raise the necessary capital to finance the large initial costs associated with long-term investments in environmental sustainability and economic resilience. It explores how the government can encourage investments into a green energy transition and offers a look at both financial and social returns provided by sustainable energy investments into, e.g. energy-autonomous building or community projects or automated electric vehicle refueling stations.
With an assembly of scholarly contributions from diverse regions of the world, integrating a multitude of perspectives on the challenges and opportunities inherent in the electrification process, this book is of interest to sustainable finance scholars, practitioners, and regulators.
Chapter 1: Wiring the Future: Financial Strategies, Challenges, and
Opportunities in the Sustainable Energy Transition: An Overview Akram Sadati,
Moein Karami, Thomas Walker, and Aphrodite Salas.- PART I FRAMEWORKS &
FINANCIAL STRATEGIES.
Chapter 2: Renewable Power Purchase Agreements An
Instrument for Corporate Decarbonization Rodolfo Damásio de Castro, Jônatas
Augusto Manzolli, Nuno Carvalho Figueiredo, and Patrícia Pereira da Silva.-
Chapter 3: Business Model Innovation and Business Ecosystem Innovation for
the Sustainable Energy Transition Rashid Dehkordi, Petri Ahokangas, Mika
Sorvisto, and Mostafa Mohammadian.- Chapter 4: Accelerating Distributed Solar
and Battery Storage Adoption in India through Tariff Reforms and Community
Grids Anith Krishnan, Bino Kuriachan, Vivek Mohan, and Nimal Madhu.- Chapter
5: Economic Impacts of Sustainable Electrification Capucine Chapel.- PART II
GOVERNANCE, POLICY & STAKEHOLDERS.
Chapter 6: The Role of Stakeholders in
Sustainable Electrification Capucine Chapel.
Chapter 7: Empowering the Grid:
Stakeholder Engagement in Advancing Electrification Fadi Sayegh.
Chapter
8: Stakeholder Engagement and Governance in the Transition to Renewable
Energy Systems Kofi Nyarko and Tania Urmee.
Chapter 9: The Multi-Territorial
Governance (MTG) Model: Indigenous Nations and Settler-State Collaboration in
Energy Transitions Fabienne Rioux-Gobeil and Annick Thomassin.
Chapter 10:
Indigenous Ownership in Canadas Energy Transition: A Pathway to Sustainable
Infrastructure Development Andre Poyser.- Chapter 11: Gendered Aspects of
Electrification Caroline Zimm and Natalia Weber.- PART III TECHNOLOGICAL
INNOVATIONS & REGIONAL CASE STUDIES.
Chapter 12: A Decentralized eRoaming
Business Service Ecosystem to Promote Citizen-Centric Energy Communities
Anthony Jnr. Bokolo.- Chapter 13: Imagining Energy Futures: Disrupt,
Downsize, Scaleup, or Conserve? Johan Kask, Per Carlborg, Nina Hasche, and
Vojtech Klézl, Gabriel Linton.- Chapter 14: Global Perspectives on
Electrification: Diverse Approaches and Solutions Alberto-Jesus Perea-Moreno,
Quetzalcoatl Hernández-Escobedo, and David Muñoz-Rodríguez.
Chapter 15:
Powering Up Iceland: How Iceland Transformed Itself into a Renewable Energy
Powerhouse Jordan Mitchell, Jonas Hlynur Hallgrimsson, Throstur Olaf
Sigurjonsson.- Chapter 16: Water to Watts: Meghalayas Electrification
Strategy of Turning Rainfall into Power Sarmistha Sarma and Akanksha
Jaiswal.
Chapter 17: Consumer Behavior in the Energy Transition: The EKB
Decision-Making Approach Jakub Kubiczek.
Thomas Walker is Executive Director of the Institute for Sustainable Finance (ISF), and Professor of Finance and Concordia University Research Chair in Emerging Risk Management at Concordia University, Montreal, Canada.
Aphrodite Salas is Associate Professor of Journalism at Concordia University in Montreal, Canada, where her research focuses on collaborative journalism with Indigenous communities and the decolonization of journalism education.
Moein Karami is a Postdoctoral Fellow at Concordia University. He holds a BSc in Mechanical Engineering and an MBA in Strategy. In 2021, he graduated with a doctoral degree in Finance from the John Molson School of Business, Concordia University.
Akram Sadati is an MSc graduate of the John Molson School of Business, Concordia University, where she studied Finance. She currently serves as a Research Associate at the Jacques MénardBMO Center for Capital Markets, Concordia University.
