| 来源类型 | Article
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| 规范类型 | 其他
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| DOI | 10.1016/j.geoforum.2015.06.017
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| ISBN | 0016-7185
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| The evolving role of finance in South Africa's renewable energy sector. |
| Baker, Lucy
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| 发表日期 | 2015-08
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| 出处 | Geoforum
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| 出版者 | Elsevier
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| 出版年 | 2015
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| 页码 | 146-156
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| 语种 | 英语
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| 摘要 | In the last four years, carbon-intensive, coal-dependent South Africa has become one of the leading global destinations for renewable energy investment. This investment can be attributed to the unprecedented take off of the country’s Renewable Energy Independent Power Producers’ Programme (RE IPPPP), a bidding process for the procurement of privately generated, utility scale renewable energy, launched in August 2011. Asserting that energy must be studied within the broader economic, political and social forces in which it is embedded, I explore the fundamental role that different modes of finance have played in shaping South Africa’s emerging renewable energy sector within the context of the country’s unique system of accumulation characterised by its minerals-energy complex (MEC) (Fine and Rustomjee, 1996). I focus on finance and financialisation as growing features within the MEC. I further examine the tension or incompatibility between commercial demands for ‘bankability’, short-term shareholder value and impatient finance and RE IPPPP’s unique requirements for community ownership of projects and the realisation of economic development criteria. I find that a reconfiguration of long-standing MEC actors, particularly in the realms of finance is taking place as they merge with new sources of foreign capital. |
| 特色分类 | G Geography. Anthropology. Recreation$JZ International relations
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| 关键词 | South Africa, finance, financialisation, renewable energy, political economy, economic development
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| URL | http://sro.sussex.ac.uk/id/eprint/57083/
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| 来源智库 | Science Policy Research Unit (United Kingdom)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/468546
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推荐引用方式
GB/T 7714 |
Baker, Lucy. The evolving role of finance in South Africa's renewable energy sector.. 2015.
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