Sustainability, investment strategy, and governance: evaluation of wind energy sector in North-West Spain

References

• BOE. (1978). Constitución Española. https://www.boe.es/buscar/act.php?id=BOE-A-1978-31229
   Google Scholar
• Bokde, N. D., Feijóo, A., Al-Ansari, N., & Yaseen, Z. M. (2019). A comparison between reconstruction methods for generation of synthetic time series applied to wind speed simulation. IEEE Access. 7, 135386–135398. https://doi.org/10.1109/ACCESS.2019.2941826
   Web of Science ®Google Scholar
• Bonifaci, P., Copiello, S., & Stanghellini, S. (2016). The methodological framework of feasibility study to support strategic planning. Procedia - Social and Behavioral Sciences, 223, 45–50. https://doi.org/10.1016/j.sbspro.2016.05.287
   Google Scholar
• Bórawski, P., Bełdycka-Bórawska, A., Szymańska, E. J., Jankowski, K. J., Dubis, B., & Dunn, J. W. (2019). Development of renewable energy sources market and biofuels in The European Union. Journal of Cleaner Production, 228, 467–484. https://doi.org/10.1016/j.jclepro.2019.04.242
   Web of Science ®Google Scholar
• Castro-Santos, L., & Puime Guillén, F. (2020). Comparison of wave energy and offshore wind. In M. Shahbaz & D. Balsalobre-Lorente (Eds.), Econometrics of green energy handbook: Economic and technological development (pp. 211–220). Springer International Publishing. https://doi.org/10.1007/978-3-030-46847-7_10
   Google Scholar
• Copena, D., Pérez-Neira, D., & Simón, X. (2019). Local economic impact of wind energy development: Analysis of the regulatory framework, taxation, and income for Galician municipalities. Sustainability, 11(8), 2403. https://doi.org/10.3390/su11082403
   Web of Science ®Google Scholar
• Copena, D., & Simón, X. (2018). Wind farms and payments to landowners: Opportunities for rural development for the case of Galicia. Renewable and Sustainable Energy Reviews, 95, 38–47. https://doi.org/10.1016/j.rser.2018.06.043
   Web of Science ®Google Scholar
• Du, P., Wang, J., Yang, W., & Niu, T. (2019). A novel hybrid model for short-term wind power forecasting. Applied Soft Computing, 80, 93–106. https://doi.org/10.1016/j.asoc.2019.03.035
   Web of Science ®Google Scholar
• EGA. Asociación Eólica de Galicia. (2021). El Sector en cifras. EGA. Asociación Eólica de Galicia. https://www.ega-asociacioneolicagalicia.es/el-sector-en-cifras/
   Google Scholar
• Elie, L., Granier, C., & Rigot, S. (2021). The different types of renewable energy finance: A Bibliometric analysis. Energy Economics, 93, 104997. https://doi.org/10.1016/j.eneco.2020.104997
   Web of Science ®Google Scholar
• Erfani, A., & Tavakolan, M. (2020). Risk evaluation model of wind energy investment projects using modified fuzzy group decision-making and Monte Carlo simulation. Arthaniti: Journal of Economic Theory and Practice. https://doi.org/10.1177/0976747920963222
   Google Scholar
• European Commision. (2019, octubre 23). EU climate action and the European Green Deal [Text]. Climate Action - European Commission. https://ec.europa.eu/clima/policies/eu-climate-action_en
   Google Scholar
• Fernández-González, R., Arce, E., & Garza-Gil, D. (2021). How political decisions affect the economy of a sector: The example of photovoltaic energy in Spain. Energy Reports, 7, 2940–2949. https://doi.org/10.1016/j.egyr.2021.05.021
   Web of Science ®Google Scholar
• Fernández-González, R., Puime-Guillén, F., & Panait, M. (2022a). Multilevel governance, PV solar energy, and entrepreneurship: The generation of green hydrogen as a fuel of renewable origin. Utilities Policy, 79, 101438. https://doi.org/10.1016/j.jup.2022.101438
   Web of Science ®Google Scholar
• Fernández-González, R., Puime-Guillén, F., Pérez-Vas, R. (2022b). The new wind energy boom in Spain: Are large companies once again dominating the market? In S. A. R. Khan, M. Panait, F. Puime Guillen, & L. Raimi (Eds.), Energy transition (pp. 135–163). Springer Nature. https://doi.org/10.1007/978-981-19-3540-4_5
   Google Scholar
• Fernández-González, R., Puime-Guillén, F., & Vila-Biglieri, J. E. (2023). Environmental strategy and the petroleum industry: A sustainability balanced scorecard approach. Journal of Petroleum Exploration and Production Technology, 13, 763–774. https://doi.org/10.1007/s13202-022-01543-9
   Web of Science ®Google Scholar
• Filgueira, A., Seijo, M. A., Munoz, E., Castro, L., & Piegari, L. (2009). Technical and economic study of two repowered wind farms in Bustelo and San Xoán, 24.7 MW and 15.84 MW respectively. In International Conference on Clean Electrical Power (pp. 545–549). https://doi.org/10.1109/ICCEP.2009.5211998
   Google Scholar
• Gutiérrez-Pedrero, M.-J., Ruiz-Fuensanta, M. J., & Tarancón, M.-Á. (2020). Regional factors driving the deployment of wind energy in Spain. Energies, 13(14), 3590. Art https://doi.org/10.3390/en13143590
   Web of Science ®Google Scholar
• Himri, Y., Merzouk, M., Kasbadji Merzouk, N., & Himri, S. (2020). Potential and economic feasibility of wind energy in south West region of Algeria. Sustainable Energy Technologies and Assessments, 38, 100643. https://doi.org/10.1016/j.seta.2020.100643
   Web of Science ®Google Scholar
• Hunt, J. D., Nascimento, A., Nascimento, N., Vieira, L. W., & Romero, O. J. (2022). Possible pathways for oil and gas companies in a sustainable future: From the perspective of a hydrogen economy. Renewable and Sustainable Energy Reviews, 160, 112291. https://doi.org/10.1016/j.rser.2022.112291
   Web of Science ®Google Scholar
• IDAE. (2020). Análisis del recurso. Atlas eólico de España estudio técnico per 2011–2020. https://www.idae.es/sites/default/files/documentos/publicaciones_idae/documentos_11227_e4_atlas_eolico_a_9b90ff10.pdf
   Google Scholar
• IDAE. (2021). Estudios, informes y estadísticas. https://www.idae.es/informacion-y-publicaciones/estudios-informes-y-estadisticas
   Google Scholar
• IEA. (2021a). European Union 2020. Energy Policiy Review. https://iea.blob.core.windows.net/assets/ec7cc7e5-f638-431b-ab6e-86f62aa5752b/European_Union_2020_Energy_Policy_Review.pdf
   Google Scholar
• IEA. (2021b). Zero by 2050: A roadmap for the global energy sector. https://iea.blob.core.windows.net/assets/deebef5d-0c34-4539-9d0c-10b13d840027/NetZeroby2050-ARoadmapfortheGlobalEnergySector_CORR.pdf
   Google Scholar
• Iglesias, G., del Río, P., & Dopico, J. Á. (2011). Policy analysis of authorisation procedures for wind energy deployment in Spain. Energy Policy, 39(7), 4067–4076. https://doi.org/10.1016/j.enpol.2011.03.033
   Web of Science ®Google Scholar
• Inega: Instituto Enerxético de Galicia. (2021). Balance energético de Galicia | Publicaciones. http://www.inega.gal/publicacions/balanceenerxetico/publicacion_0007y.html
   Google Scholar
• Kang, S. J., Lee, S., & Lee, S. J. (2021). Impacts of environmental agreements on bilateral trade of climate industry. Energies, 14(21), 7277. https://doi.org/10.3390/en14217277
   Web of Science ®Google Scholar
• Ley Orgánica 1/1981, de 6 de abril, de Estatuto de Autonomía para Galicia, Pub. L. No. Ley Orgánica 1/1981, BOE-A-1981-9564 8997. (1981). https://www.boe.es/eli/es/lo/1981/04/06/1
   Google Scholar
• Matti, C., & Consoli, D. (2015). The emergence of wind energy in Spain: A review of the policy mix. In The economics of knowledge, innovation and systemic technology policy. Routledge.
   Google Scholar
• Ministerio para la Transición Ecológica. (2021). Gobierno de España—Sede Electrónica. https://sede.miteco.gob.es/portal/site/seMITECO/navServicioContenido#
   Google Scholar
• Montanarella, L., & Panagos, P. (2021). The relevance of sustainable soil management within the European green deal. Land Use Policy, 100, 104950. https://doi.org/10.1016/j.landusepol.2020.104950
   Web of Science ®Google Scholar
• Montes, G. M., & Martín, E. P. (2007). Profitability of wind energy: Short-term risk factors and possible improvements. Renewable and Sustainable Energy Reviews, 11(9), 2191–2200. https://doi.org/10.1016/j.rser.2006.03.009
   Web of Science ®Google Scholar
• OEGA. (2020). Parques eólicos en Red Natura. https://observatorio.eolico.webs.uvigo.es/2021/05/24/parques-eolicos-en-red-natura/?lang=es
   Google Scholar
• OEGA: Observatorio Eólico de Galicia. (2021). Energía eólica en Galicia. https://observatorio.eolico.webs.uvigo.es/energia-eolica-en-galicia/?lang=es
   Google Scholar
• Olleik, M., Auer, H., & Nasr, R. (2021). A petroleum upstream production sharing contract with investments in renewable energy: The case of Lebanon. Energy Policy, 154, 112325. https://doi.org/10.1016/j.enpol.2021.112325
   Web of Science ®Google Scholar
• Perez, Y., & Ramos-Real, F. J. (2009). The public promotion of wind energy in Spain from the transaction costs perspective 1986–2007. Renewable and Sustainable Energy Reviews, 13(5), 1058–1066. https://doi.org/10.1016/j.rser.2008.03.010
   Web of Science ®Google Scholar
• Pickl, M. J. (2019). The renewable energy strategies of oil majors – From oil to energy? Energy Strategy Reviews, 26, 100370. https://doi.org/10.1016/j.esr.2019.100370
   Web of Science ®Google Scholar
• Pinkse, J., & van den Buuse, D. (2012). The development and commercialization of solar PV technology in the oil industry. Energy Policy, 40, 11–20. https://doi.org/10.1016/j.enpol.2010.09.029
   Web of Science ®Google Scholar
• Red Eléctrica de España. (2020a). REData—Aldia. https://www.ree.es/es/datos/aldia
   Google Scholar
• Red Eléctrica de España. (2020b). REData—Potencia instalada | Red Eléctrica de España. https://www.ree.es/es/datos/generacion/potencia-instalada
   Google Scholar
• Red Electrica Española. (2021). Informe del Sistema Eléctrico Español 2020 (p. 100). https://www.ree.es/sites/default/files/publication/2021/06/downloadable/inf_sis_elec_ree_2020_0.pdf
   Google Scholar
• Rodriguez, J. M., Fernandez, J. L., Beato, D., Iturbe, R., Usaola, J., Ledesma, P., & Wilhelmi, J. R. (2002). Incidence on power system dynamics of high penetration of fixed speed and doubly fed wind energy systems: Study of the Spanish case. IEEE Transactions on Power Systems, 17(4), 1089–1095. https://doi.org/10.1109/TPWRS.2002.804971
   Web of Science ®Google Scholar
• Simón, X., Copena, D., & Montero, M. (2019). Strong wind development with no community participation. The case of Galicia (1995–2009). Energy Policy, 133, 110930. https://doi.org/10.1016/j.enpol.2019.110930
   Web of Science ®Google Scholar
• Varela-Vázquez, P., & del Carmen Sánchez-Carreira, M. (2015). Socioeconomic impact of wind energy on peripheral regions. Renewable and Sustainable Energy Reviews, 50, 982–990. https://doi.org/10.1016/j.rser.2015.05.045
   Web of Science ®Google Scholar
• Wind Europe. (2021). Wind energy in Europe. 2020 Statistics and the outlook for 2021–2025. https://windeurope.org/intelligence-platform/statistics/
   Google Scholar
• Xunta de Galicia. (2002). Modificación del Plan Sectorial Eóico de Galicia. http://www.inega.gal/sites/default/descargas/enerxia_galicia/242-d-memoria.pdf
   Google Scholar
• Zafirakis, D., Chalvatzis, K. J., Baiocchi, G., & Daskalakis, G. (2013). Modeling of financial incentives for investments in energy storage systems that promote the large-scale integration of wind energy. Applied Energy, 105, 138–154. https://doi.org/10.1016/j.apenergy.2012.11.073
   Web of Science ®Google Scholar