Modeling and Optimization of Integration of Renewable Energy Resources (RER) for Minimum Energy Cost, Minimum CO2 Emissions and Sustainable Development, in Recent Years: A Review

2018 ◽  
Vol 5 (1) ◽  
pp. 11-21 ◽  
Author(s):  
M.M. Wagh ◽  
V.V. Kulkarni
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Co2 Emissions ◽  
Energy Cost ◽  
Minimum Energy ◽  
Energy Resources ◽  
Renewable Energy Resources ◽  
Modeling And Optimization ◽  
Minimum Energy Cost

scholarly journals Green Economy and Renewable Energy Focusing on the Biomass Energy Source

2016 ◽  
Vol 9 (3) ◽  
pp. 56 ◽  
Author(s):  
Mohammed Ebrahim Hussien ◽  
Chamhuri Siwar ◽  
Rashidah Zainal Alam ◽  
Abdul Hamid Jafar ◽  
Norasikin Ahmad Ludin
Keyword(s):  
Energy Source ◽  
Sustainable Development ◽  
Renewable Energy ◽  
Environmental Sustainability ◽  
Energy Resource ◽  
Biomass Energy ◽  
Energy Resources ◽  
Green Economy ◽  
Renewable Energy Resources ◽  
Energy And Environment

<p>Since conventional energy resources are major source of CO<sub>2</sub> emission, over reliance on fossil fuels has raised questions on environmental sustainability. On way to address these multi-faceted issues of conventional energy sources, the sustainability of energy and environment is through the green economy approach. As such, this paper aims to discuss the concept of green economy in relation with renewable energy. The interdependence of green economy and environmental quality as well as the compatibility of green economy approach with the notion of sustainable development are demonstrated in the paper. Green economy approach fulfils the methodological gaps that exist in the growth models. It is believed that the best economic tool to attain sustainable development goals is by integrating social, economic and environmental elements. Furthermore, energy is believed to be a significant player in determining the greenness of the economy and sustainability as it has economic and environmental value. In addition, this study illustrates the significance of biomass energy resource and CO<sub>2</sub> emissions from fossil fuel combustion. The illustration framework justifies that biomass is the determinant renewable energy source to be a proxy for renewable energy resources. Similarly, it justifies that CO<sub>2</sub> emission of energy sector is considerably significant to represent the CO<sub>2</sub> emissions of the atmosphere.</p>

Renewable Energy Sources Management and Role of Ecological Parks

2019 ◽  
pp. 220-228
Author(s):  
Biljana Stojan Ilic
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Alternative Energy ◽  
Renewable Energy Sources ◽  
Clean Energy ◽  
Modern Technology ◽  
The State ◽  
Energy Resources ◽  
Renewable Energy Resources ◽  
Industrial Parks

On the global level, governments are leading the national policy for development of modern technology and alternative energy resources. The tendencies of sustainable development are reflected in the realization of using renewable energy resources that contribute to a more diversified and more efficient use of clean energy. The aim of this chapter is to represent adequate responses to the efficient management at the state level that created all necessary conditions for sustainable development and energy efficiency using renewable energy resources in countries of European Union. Legal regulations, energy policy, short, medium and long-term strategy with a stimulating policy, can contribute for achieving adequate results in terms of sustainable development. The aims of this policy would be reflected in the development of eco-industrial parks and clean energy that contribute development of new companies, employment, on the state budget and local government levels.

Renewable Energy Sources Management and Role of Ecological Parks

2021 ◽  
pp. 193-202
Author(s):  
Biljana Stojan Ilic
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Alternative Energy ◽  
Renewable Energy Sources ◽  
Clean Energy ◽  
Modern Technology ◽  
The State ◽  
Energy Resources ◽  
Renewable Energy Resources ◽  
Industrial Parks

On the global level, governments are leading the national policy for development of modern technology and alternative energy resources. The tendencies of sustainable development are reflected in the realization of using renewable energy resources that contribute to a more diversified and more efficient use of clean energy. The aim of this chapter is to represent adequate responses to the efficient management at the state level that created all necessary conditions for sustainable development and energy efficiency using renewable energy resources in countries of European Union. Legal regulations, energy policy, short, medium and long-term strategy with a stimulating policy, can contribute for achieving adequate results in terms of sustainable development. The aims of this policy would be reflected in the development of eco-industrial parks and clean energy that contribute development of new companies, employment, on the state budget and local government levels.

scholarly journals Sustainable energy and fuels from biomass: a review focusing on hydrothermal biomass processing

2020 ◽  
Vol 4 (9) ◽  
pp. 4390-4414
Author(s):  
Koray Alper ◽  
Kubilay Tekin ◽  
Selhan Karagöz ◽  
Arthur J. Ragauskas
Keyword(s):  
Climate Change ◽  
Sustainable Development ◽  
Renewable Energy ◽  
Fossil Fuels ◽  
Sustainable Energy ◽  
Energy Resources ◽  
Renewable Energy Resources ◽  
Environmental Challenges ◽  
Biomass Processing

Fossil fuels must be replaced with renewable energy resources to ensure sustainable development, reduce the dependence on fossil fuels, address environmental challenges including climate change.

scholarly journals Regional Energy Integration for Sustainable Development in Eastern Africa: The Case for Geothermal Energy

2021 ◽  
Vol 12 (5) ◽  
pp. 38
Author(s):  
Maria Nzomo ◽  
Zerubabel Getachew
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Renewable Energy ◽  
Geothermal Energy ◽  
Energy Resources ◽  
Eastern Africa ◽  
Energy Integration ◽  
Renewable Energy Resources ◽  
Energy Mix ◽  
Regional Energy

Energy is a crucial factor in international relations and a critical input to achieve global economic growth and development. Provision of affordable, sustainable, and reliable energy is necessary and a prerequisite for any country’s economic growth and prosperity. The United Nations Agenda 2030, through its Seventh Sustainable Development Goal (SGD 7) and the African Union Agenda 2063 Aspiration 1recognise the centrality of access to energy towards realising the ambitions enlisted in these documents. The asymmetric distribution of natural resources and the political, strategic, financial, and technological challenges in utilising these resources hinder countries from availing affordable, sustainable, and reliable energy by using domestic sources alone. The inability to attain energy independence makes a compelling case for nations to increasingly integrate their energy supply chains to international and regional energy markets. As a result, ensuring access to affordable energy has become a core interest of regional foreign relations. Therefore, if geopolitics permits, energy cooperation and interdependence become the ultimate and sustainable path towards energy security. Africa has tremendous potential ranging from hydrocarbons to renewable energies. Nevertheless, it has failed to provide adequate energy for its social and economic needs mainly due to poor governance and related challenges. Africa has to utilise such humongous and diversified energy resources by embracing an optimal energy mix that contributes to regional economic development and energy integration. Eastern Africa, home to various renewable energy resources, is one of the energy-poor regions in Africa. The prevailing energy system in the sub-region is hydro-based and lacks reliability. The sub-region has tremendous renewable energy resources such as wind, solar, and geothermal. Still, their utilisation is negligible due to several challenges, including governance and lack of access to finance and technology. This paper argues that an integrated and regional approach to developing the energy sector in Eastern Africa can address the energy-related challenges and contribute towards regional integration in Eastern Africa. In particular, the development of geothermal energy, within the optimal energy mix in the sub-region, for both power generation and direct use application will play a crucial role in forging energy integration in Eastern Africa. In this regard, regional institutions such as power pools and regional economic communities are indispensable.   Received: 27 June 2021 / Accepted: 5 August 2021 / Published: 5 September 2021

scholarly journals Impact of Renewable Energy on Economic Growth and CO2 Emissions—Evidence from BRICS Countries

Processes ◽  
2021 ◽  
Vol 9 (8) ◽  
pp. 1281
Author(s):  
Qinghua Fu ◽  
Susana Álvarez-Otero ◽  
Muhammad Safdar Sial ◽  
Ubaldo Comite ◽  
Pengfei Zheng ◽  
...  
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Co2 Emissions ◽  
Least Square ◽  
Energy Resources ◽  
Renewable Energy Resources ◽  
Ordinary Least Square ◽  
Brics Countries ◽  
Production And Consumption ◽  
The Impact

The global focus on the use of renewable energy resources was mainly reignited by the signing of the Kyoto Protocol Agreement in 1997. Since then, the world has seen a great deal of progress in terms of the production and consumption of renewable energy. This in turn is rapidly powering economic growth and social development around the globe. Contrary to popular belief, the use of renewable energy is not limited to developed countries only. The developing countries are also rapidly endorsing renewable energy as a vital engine of economic growth and societal development. In this regard, even though renewable energy production and consumption are in their infancy in BRICS, these countries are taking concrete steps towards the development of renewable energy resources. The results of previous studies have indicated that with an increase in the GDP of a country its carbon footprint also tends to increase; the Brazil, Russia, India, China, and South Africa (BRICS) countries are no exception in this regard. One of the main challenges in research related to measuring the contribution of renewable energy towards economic growth is the use of a singular model or techniques that may not be appropriate for the generalization of the results. This study intends to overcome this challenge by application of multiple econometric-based models which include the “Cross Dependency” test, the unit root test, and “CIPS” (cross-sectional augmented IPS). Besides these the second generation, stochastic models based upon econometrics, such as the DOLS test (dynamic ordinary least square) and the FMOLS (fully modified ordinary least square) are also applied for verification of the contribution of renewable energy towards the economic growth of the BRICS countries. The novelty of the study mainly stems from fact that these models are seldom applied in tandem and especially in the BRICS countries. The results of the study indicate that the existence of the bi-directional relationship between the use of renewable energy and economic growth is mainly indicated by the increase in GDP, thus lending support to the feedback hypothesis. Moreover, the conservation hypothesis was proven by the existence of a unidirectional causality relationship between the use of renewable energy and CO2 emissions. Alongside these, the study also included sensitivity analysis to gauge the impact of the growth of GDP on the CO2 emissions of BRICS countries, and regression analysis was performed to create an EKC curve which was used to gauge not only the sensitivity but also to help in highlighting the impact of using renewable energy in controlling and reducing CO2 emissions, thus proving the EKC theory. Thus, it can be deduced that increase in CO2 emissions is of major concern for the BRICS countries, which has led them to increase the production of renewable energy. Based upon the findings of the present study it is recommended that policymakers should encourage the use of renewable energy by offering incentives in financial terms, such as interest-free or low-interest loans, subsidies and feed-in tariffs.

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