Possibilities and Challenges of Implementing Renewable Energy in the Light of PESTLE & SWOT Analyses for Island Countries Smart Energy Grid Design for Island Countries pp 1-19 | Cite as F. R. Islam (1) Email author (
[email protected]) K. A. Mamun (1) 1. School of Engineering and Physics, The University of the South Pacific, Suva, Fiji Chapter First Online: 20 April 2017 4 Readers 480 Downloads Part of the Green Energy and Technology book series (GREEN)
Abstract Energy structure redesigning and implementation of renewable energy generation in the distribution grid usually depend upon the availability of resources, socioeconomic structure, political issues, and environmental concern. In this sense a developing Island country faces huge challenges for implementing renewable energy, but those countries are blessed by several opportunities. However, the challenges that prevent developing island countries to reach at a milestone level include capital cost in addition to the devastation caused by natural disaster and the recent trends of decrease in fuel prices which seems to be a cheaper resort for fossil fuel-based generation in terms of expenditure. At present, it seems that the investors, most of the government and various stakeholders are not in a position to take a concrete decision in the field of renewable energy due to the lack of sufficient research on the opportunities and challenges of renewable energy generation in this context. Hence the strategic planning processes of renewable energy implementation for Island countries need a holistic analysis to meet the increasing energy demand from renewable energy sources. In this chapter, major opportunities available for renewable energy generation are explored and analyzed. Two different decision-making techniques are used, namely PESTLE analysis (Political, Economic, Social, Technological, Legal and Environmental) which can be used in energy planning and for business analyses, and SWOT analysis (strengths, weaknesses, opportunities and threats) has been utilized to incorporate strategic analyses and for decision making. This chapter presents an overall idea of prospects and challenges of implementing renewable energy in various Island countries.
Keywords Renewable energy Challenges Opportunities Islands SWOT PESTLE This is a preview of subscription content, log in to check access
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About this chapter Cite this chapter as: Islam F.R., Mamun K.A. (2017) Possibilities and Challenges of Implementing Renewable Energy in the Light of PESTLE & SWOT Analyses for Island Countries. In: Islam F., Mamun K., Amanullah M. (eds) Smart Energy Grid Design for Island Countries. Green Energy and Technology. Springer, Cham DOI (Digital Object Identifier) https://doi.org/10.1007/978-3-319-50197-0_1 Publisher Name Springer, Cham Print ISBN 978-3-319-50196-3 Online ISBN 978-3-319-50197-0 eBook Packages Energy About this book Reprints and Permissions
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