In this paper a real option model is developed to examine the critical factors affecting the decision to lease agricultural land to a company installing a PV power plant. The leasing payment is certain while the net revenues from agriculture are uncertain. We identify the profit values at which...

Die Untersuchung analysiert regionale Verteilungseffekte der Energiewende in Deutschland. Im Fokus steht die regionale Verteilung erneuerbarer Energieanlagen, des erneuerbar erzeugten Stroms sowie des EEG-Finanzierungssaldos für das Jahr 2011. Räumliche Betrachtungseinheit sind die...

The proposed Sempra 1250 megawatt (MW) tieline connecting the California grid to envisioned new wind-farms in Mexico is not just about electricity. It is also about foregone opportunities, lost human capital investment, lost worklives, lost tax revenues, and diminished economic development...

As demand for electricity from renewable energy sources grows, there is increasing interest, and public and financial support, for local communities to become involved in the development of renewable energy projects. In the UK, “Community Benefit” payments are the most common financial link...

This work proposes to provide an overview of the research carried out over the last twenty years by a number of authors who have focused their research on credit unions and their cooperative groups. The intention is not to provide an exhaustive list of all the works that have been published, but...

The fundamental objective of this paper is to show the evolution of the agricultural credit co-operative movement in Spain during the first third of the XX century, when this finance alternative emerged and took shape, based on producer association. With this motive, we analyse aspects such as:...

The aim of this paper is to show the situation of the main European co-operative banking groups (or systems) through the analysis of particular aspects of their structure and the activities and services they offer, in order to compare these groups with the Spanish case to check if the different...

El objetivo central de este trabajo es analizar la evolución que han seguido las cooperativas de al objeto de satisfacer la cambiante demanda de productos y servicios financieros por parte de sus socios y usuarios. De un enfoque eminentemente agrícola o gremial se ha pasado a un enfoque o...

Co-operative banks are widely seen as sustainable alternatives to profit-driven banking. However, while most banks struggle to meet the stringent capital requirements of regulators, co-operative banks are in particular need of cautious capital-related decisions given their little ability to...

The connection between the emerging field of sustainability science and the economics of sustainable development has motivated a line of interdisciplinary research inspired by the notion of oppositive sustainability.Ó This notion is founded on three principles or pillars: (1) adopting a complex...