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Identification and Analysis of the Key Factors Which Prevent or Contribute to the Development of Power Purchase Agreements on the Road to Climate Neutrality and Meeting the Related Sustainability Goals
Tantau, A.; Niculescu, E.; Fratila, L.; Stanciu, C.; Alpopi, C. Identification and Analysis of the Key Factors That Influence Power Purchase Agreements on the Road to Sustainable Energy Development. Sustainability2024, 16, 3202.
Tantau, A.; Niculescu, E.; Fratila, L.; Stanciu, C.; Alpopi, C. Identification and Analysis of the Key Factors That Influence Power Purchase Agreements on the Road to Sustainable Energy Development. Sustainability 2024, 16, 3202.
Tantau, A.; Niculescu, E.; Fratila, L.; Stanciu, C.; Alpopi, C. Identification and Analysis of the Key Factors That Influence Power Purchase Agreements on the Road to Sustainable Energy Development. Sustainability2024, 16, 3202.
Tantau, A.; Niculescu, E.; Fratila, L.; Stanciu, C.; Alpopi, C. Identification and Analysis of the Key Factors That Influence Power Purchase Agreements on the Road to Sustainable Energy Development. Sustainability 2024, 16, 3202.
Abstract
The analysis of the key factors which prevent or contribute to the promotion and development of the Power Purchase Agreements (PPAs) in order to meet the sustainability goals represents an important issue which worth being investigated, especially in the situation in which entering in bilateral relations inside this contract has a powerful meaning in achieving new climate targets, developing and improving the use of green energy, and promoting a sustainable green economy. The main goal of this research is to identify and analyze the main factors which help or pre-vent the promotion and development of a PPA, in order to meet the sustainability goals by promoting a green economy. For this research survey based on comparative analysis, questionnaires and interviews with energy experts, Spearman’s correlation matrix and IBM SPSS Statistics for Window are also used.
The results suggest that although there are positive interest and an open attitude towards the PPA from both sides (sellers and buyers), but there is still place for improvement, the lack of knowledge or the insufficient measures taken so far being two of the reasons way until now in Romania we do not have a developed PPA market and the level of knowledge regarding this type of mechanism is quite low.
Keywords
Power Purchase Agreement (PPA); Key Factors; Sustainability Goals; Renewable Energy; Green Energy; Zero Carbon Economy; Climate Neutrality; Romania
Subject
Business, Economics and Management, Business and Management
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
