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Venture Financing and the Fuel and Energy Complex: Investing in Alternative Energy

Author

Listed:
  • Arslan Kulanov

    (Turan University, Kazakhstan,)

  • Assiya Issakhova

    (Narxoz University, Kazakhstan)

  • Olga Koshkina

    (Almaty Management University, Kazakhstan,)

  • Parida Issakhova

    (Almaty Management University, Kazakhstan.)

  • Alma Karshalova

    (Narxoz University, Kazakhstan)

Abstract

The purpose of this paper is to study the main features and trends of venture investment in renewable energy. The study is based on both quantitative and qualitative indicators of the development of venture financing in the fuel and energy complex through the prism of opinions of the main participants in this market. The data obtained during the expert survey is supplemented by supporting materials, including those taken from sources, such as EnergyTech, CB Insights, PwC, and Bloomberg, as well as information posted on the Internet portals of companies and other freely available sources. The study of expert opinions has revealed the main barriers and factors that favorably affect the growth of venture investments in alternative energy. In the interview, the authors have identified priority measures to attract venture capital to renewable energy projects, stimulating the flow of free capital for innovative startups and increasing the quantity and quality of high-tech energy projects. Moreover, the paper reviews effective mechanisms for attracting investments in renewable energy sources and their experience in applying countries with a developed venture capital market.

Suggested Citation

  • Arslan Kulanov & Assiya Issakhova & Olga Koshkina & Parida Issakhova & Alma Karshalova, 2020. "Venture Financing and the Fuel and Energy Complex: Investing in Alternative Energy," International Journal of Energy Economics and Policy, Econjournals, vol. 10(5), pages 531-538.
    • Handle: RePEc:eco:journ2:2020-05-62
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    References listed on IDEAS

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    Cited by:

    1. LOBOV, Daniil & RYBIN, Mikhail, 2021. "Openness To External Innovation In Major Oil And Gas Companies," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 21(1), pages 47-66.

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    More about this item

    Keywords

    venture capital; renewable energy sources; investments; venture financing; startups; energy technologies; innovations.;
    All these keywords.

    JEL classification:

    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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