The Application of Crowdfunding to the Energy Sector

The Application of Crowdfunding to the Energy Sector

Chiara Candelise
Copyright: © 2017 |Pages: 22
ISBN13: 9781522505686|ISBN10: 1522505687|EISBN13: 9781522505693
DOI: 10.4018/978-1-5225-0568-6.ch015
Cite Chapter Cite Chapter

MLA

Candelise, Chiara. "The Application of Crowdfunding to the Energy Sector." Crowdfunding for Sustainable Entrepreneurship and Innovation, edited by Walter Vassallo, IGI Global, 2017, pp. 266-287. https://doi.org/10.4018/978-1-5225-0568-6.ch015

APA

Candelise, C. (2017). The Application of Crowdfunding to the Energy Sector. In W. Vassallo (Ed.), Crowdfunding for Sustainable Entrepreneurship and Innovation (pp. 266-287). IGI Global. https://doi.org/10.4018/978-1-5225-0568-6.ch015

Chicago

Candelise, Chiara. "The Application of Crowdfunding to the Energy Sector." In Crowdfunding for Sustainable Entrepreneurship and Innovation, edited by Walter Vassallo, 266-287. Hershey, PA: IGI Global, 2017. https://doi.org/10.4018/978-1-5225-0568-6.ch015

Export Reference

Mendeley
Favorite

Abstract

Crowdfunding in energy begins as a response to reduced investments (both governmental and private) into the transition to decarbonized energy systems and to the spread of innovative business models and approaches conductive of greater participation of citizens and communities in distributed renewable energy projects. This chapter presents results of a worldwide overview of the use of crowdfunding in the energy industry. Evidence gathered from available energy crowdfunding platforms highlight a very new, but quite dynamic sector. The crowdfunding tool has been applied in most of its forms, ranging from peer-to-business lending to pure donation, with strong environmental and social mission and the explicit aim of increasing participation of citizens in sustainable energy investment. Evidence also shows that, despite maintaining their environmental and clean energy focus, some energy platforms have begun to move from niche, grass root initiatives into larger projects and collaboration with energy private sector and institutional finance.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.