Specifics of Global and Regional Implementation of Renewable Energy Communities
Specifics of Global and Regional Implementation of Renewable Energy Communities

Author(s): Nikolai Nikolov
Subject(s): Politics / Political Sciences, Politics, Economy, Supranational / Global Economy, Business Economy / Management, Micro-Economics, Energy and Environmental Studies, Environmental and Energy policy, EU-Approach / EU-Accession / EU-Development, Socio-Economic Research, Green Transformation
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: renewable energy communities; carbon neutrality; smart energy communities
Summary/Abstract: This article explores the increasing interest in Renewable Energy Communities (RECs), a subset of Smart Energy Communities (SECs) that emphasize collaborative energy use through decentralized, often renewable, energy systems. These systems enable citizens, businesses, and public entities to share energy resources, focusing on cost savings, sustainability, and safety, and are shaped by European regulations. It addresses a key gap in existing research by presenting a standardized methodology for REC implementation, adaptable to various contexts. It provides novel contributions, including a process for REC development, legal framework comparisons, and funding guidelines for different project types. Additionally, it proposes comprehensive Key Performance Indicators (KPIs) to evaluate energy, environmental, economic, and social impacts. These findings aim to support policymakers and stakeholders in advancing REC initiatives through informed decision-making.

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