Social Enterprise in Small Hydropower (SHP) Owned by a Limited Liability Partnership (LLP) between a Food Cooperative and a Social Venture Company; a Case Study of the 20 kW Shiraito (Step3) SHP in Itoshima City, Fukuoka (Japan)
Zafar Alam,
Yoshinobu Watanabe,
Shazia Hanif,
Tatsuro Sato and
Tokihiko Fujimoto
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Zafar Alam: Nakayama Iron Works Co., Ltd., Takeo 843-000, Japan
Yoshinobu Watanabe: Nakayama Iron Works Co., Ltd., Takeo 843-000, Japan
Shazia Hanif: Department of Agricultural Engineering, Muhammad Nawaz Sharif University of Agriculture, Multan 66000, Pakistan
Tatsuro Sato: Faculty of Architecture and Civil Engineering, Kyushu Sangyo University, Fukuoka 813-8503, Japan
Tokihiko Fujimoto: School of Political Science and Economics, Meiji University, Tokyo 101-8301, Japan
Energies, 2021, vol. 14, issue 20, 1-10
Abstract:
There was an unprecedented growth of SHP (small hydropower) in Japan during recent years because the government has provided a high FIT (USD 0.32/kWh) for SHP development projects of less than 200 kW. The public and private sectors are committed to harnessing this natural energy to achieve the renewable energy goal as well as to improve local communities social and economic conditions. This paper will discuss about renewable energy initiatives by a food corporation enterprise (FCOOP) based in Fukuoka prefecture of Japan to reduce their net carbon emissions. A detailed approach for social enterprises-based SHP development has been discussed which will be a role model concept for other social enterprises in Japan and in the world that are willing to reduce CO 2 emissions. Also, this kind of project connects urban stake holders with local community where resources are available and it leads to development of the local community living standards. As a demonstrated example, a case study of a 20 kW SHP installed in Japan by a FCOOP has been discussed.
Keywords: small hydropower; SHP; renewable energy; FIT; social enterprise; food cooperative; limited liability partnership; LLP; community business; community-based resource management; sustainable development; SDGs (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:14:y:2021:i:20:p:6727-:d:657682
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