scholarly journals Potential Influences on the Prospect of Renewable Energy Development in OPEC Members

2020 ◽  
Author(s):  
Hanan Alsadi

Countries across the world are increasing their share of renewable energy in their daily consumption. However, if this increasing trend in renewable energies would also prevail among Oil Producing Economic Countries (OPEC), is subject to debate. They all have abundant potential to invest in renewable energy sources. Yet, some of the Middle Eastern and Arab Gulf OPEC members do not have or have a small amount of renewable energy sources. In contrast, other members have significant renewable energy sources. The research is deficient in explaining why some OPEC members lag behind other members in their transition to renewable energy, including how Middle Eastern OPEC members are implementing renewable energy. the purpose of this paper is to explore the influences on OPEC members that result in some OPEC members starting to adopt renewable energy and others have not started. The paper proposes recommendations for those countries that are slow or reluctant to embrace renewable energy to achieve a transition from black to green.

Author(s):  
Manoj Kumar Singh ◽  
Bharat Raj Singh

India has a vast supply of renewable energy resources, and it has one of the largest programs in the world for deploying renewable energy products and systems. Indeed, it is the only country in the world to have an exclusive ministry for renewable energy development, the Ministry of Non-Conventional Energy Sources (MNES). Since its formation, the Ministry has launched one of the world's largest and most ambitious programs on renewable energy. Based on various promotional efforts put in place by MNES, significant progress is being made in power generation from renewable energy sources. India emerged in 2008 as an aspiring producer of solar PV. Both National and State Governments announced new policies to support solar PV manufacturing in special economic zones, including capital investment subsidies of 20 percent. These policies led to USD 18 billion in new solar PV manufacturing investment plans or proposals by a large number of companies. We know where the non renewable energies – coal, oil and gas – are located and how these fuels are transported, combusted, and the power transmitted throughout the country over the power grid. Now, let's look at the renewable energies hydro, solar, wind and biomass. According to the Energy Information administration (EIA) the annual average increase will be about 4.0 percent from 2002 to 2025. The projected growth in net electricity consumption for emerging market economies is driven in large part by Gross Domestic Product (GDP) and population growth assumption. It makes sense to the authors that all efforts and investment should consider accelerating these sustainable energy resources before committing to the same fossil fuel path as western nations. The fossil fuel strategy will surely bring price volatility from dwindling supplies and added pollution from carbon combustion. Tapping India's wind, solar, biomass, and hydro could bring high quality jobs from a domestic resource. Renewable energy is the measure of the development of a nation like India extensive development of the renewable energy resources on the Indian subcontinent through MNES booming economic growth, rapid Industrialization and high standard of living of global population demand more and more energy in different forms.


Author(s):  
Sebak Kumar Jana ◽  
Moumita Ghosh ◽  
Asim Kumar Karmakar

Renewable energy is energy that is collected from renewable resources that are essentially inexhaustible like sunlight, wind, hydropower, and various forms of biomass. India has a huge renewable energy potential, and the availability of renewable energy sources is widely dispersed. The key objectives of the chapter are to assess the state development of renewable energy in India. It is seen that the average percentage users of solar power in India has increased from 0.27% in 2001 to 0.44% in 2011. ANOVA results indicate there is significant difference among the states of India in renewable energy development in comparison to their potential capacities, and there is enough scope for the development of renewable energy like solar energy in India.


Author(s):  
M. V. Debiev

The article provides an overview of the current state of energy in the world and in Russia, which focuses on the development of renewable energy sources (RES). An analysis is made of the trend in the production and consumption of energy resources, as well as an assessment of the use of renewable energy in Russia. Incentives for the development of renewable energy sources with the characteristics available in the world are determined. Conclusions are drawn about the importance of developing this industry both in Russia and in the Chechen Republic, as one of its regions. An assessment is given of the development of wind and solar energy in Russia. The current power supply structure of the Chechen Republic is considered, where the indicators of maximum electric power, consumed electric power, and also electric power generation of the republic are given. The analysis of the possibility of using wind and solar energy resources, as well as small hydropower of the Chechen Republic. Options for the development and effective use of renewable energy sources are considered, taking into account the fact that the use of energy resources based on modern innovative technologies, the introduction of new promising alternative sources, and the search for ways to stimulate the use of renewable energy sources, where it is supposed to organize and introduce a tariff policy, is one of the main tasks of energy development which give a complete systemic idea of the scale of the problem of transferring the energy system to innovative rails. Some options are proposed for the most expedient development of the energy system of the Chechen Republic, the construction of small pilot plants using renewable energy sources, with the goal of actual (experimental) confirmation of the predicted calculated values, as well as the gradual mass introduction of plants using renewable energy sources in the private sector with the creation of the necessary tariff conditions for use and construction installations on an industrial scale within the framework of energy private or public companies. Priority tasks have been set for the prospective development of the republic’s energy sector by introducing renewable energy sources.


Energies ◽  
2021 ◽  
Vol 14 (18) ◽  
pp. 5803
Author(s):  
Mateusz Piwowarski ◽  
Mariusz Borawski ◽  
Kesra Nermend

The development of energy from renewable sources is one of the most important aspects of today’s energy industry. The level of this development (production of green energy) is determined by the use of a variety of methods, e.g., the methods of multicriteria and multivariate analysis. The effectiveness of these methods is affected by many factors, and one of them is the appearance of non-typical objects (outliers). This paper investigates the effectiveness of selected methods (TOPSIS, VIKOR, VMCM) in terms of computational robustness to outlier objects. The most effective method in this respect (VMCM) is then applied to study the level of development of renewable energy sources in European countries. The presented research provides the opportunity to carry out a dynamic analysis (for selected base years) of the level of energy generation from diverse renewable sources in reference to the adopted patterns and anti-patterns (European countries). The obtained results are discussed, thus confirming the effectiveness of the proposed methodological approach.


2019 ◽  
Vol 91 ◽  
pp. 03006
Author(s):  
Anna Rumyantseva ◽  
Svetlana Zhutyaeva ◽  
Natalya Lazareva

The article presents the need for the development of renewable energy sources due to the improvement of energy efficiency, safety, and environmental conditions; there is also a worldwide state interest in this area of development. An overview of the production of electricity from renewable energy sources in the world since 1990 is made, and it is noted that the fastest development rates are observed in the solar and wind energy development. The global market for environmental projects financing is analyzed, the instruments for renewable energy projects financing are evaluated, and the green bond market state is presented in detail. Directions for further policies aimed at encouraging increased investment in renewable energy sources are proposed.


2015 ◽  
Vol 12 (6) ◽  
pp. 627-638 ◽  
Author(s):  
Mirhabibi Mohsen ◽  
Askari Mohammad Bagher ◽  
Bahrampour Mohammad Reza ◽  
Mirzaei Mahmoud abadi Vahid ◽  
Tikdari Mahdi

Regarding the renewable energies, the cost of producing electricity and the remaining reserves from fossil fuels in Iran is compared with the same in other countries. Several advantages of renewable energies are studied in the present research with emphasis on solar energy; the Lut desert in Iran is introduced as a high potential for supplying the country’s energy. Various effects of such generation of energy on economy, environment, and public health are also studied.


2019 ◽  
Vol 17 (3) ◽  
pp. 464-476 ◽  
Author(s):  
Tetiana Kurbatova ◽  
Roman Sidortsov ◽  
Iryna Sotnyk ◽  
Oleksandr Telizhenko ◽  
Tetiana Skibina ◽  
...  

This paper elaborates on the theoretical and methodological fundamentals of a tradable green certificates system to foster renewable energy development in Ukraine. It proposes a management mechanism premised on the classical market model of tradable green certificates aiming at increasing the share of electricity from renewable energy sources in the country’s energy mix. Organizational stages of the mechanism formation at the national level and a methodological approach to assess green electricity generation cost are developed. The modeling has shown that the annual increase in the cap for green electricity consumption by 1% will raise the electricity tariff by 3%, which is not a significant financial burden for consumers. The proposed changes in the tradable green certificates system can be an effective management tool to achieve the required amount of electricity from renewable energy sources in the country’s total electricity consumption and to foster the development of the Ukrainian renewable energy sector.


2018 ◽  
Vol 58 ◽  
pp. 03006 ◽  
Author(s):  
Bekzhan Mukatov ◽  
Ravil Khabibullin

The article describes the main factors determining the development of renewable energy sources in the world. The assessment of the applicability of foreign RES development strategies to Kazakhstan’s energy system has been made. The main tasks facing Kazakhstan’s energy system with large-scale implementation of renewable energy were formulated. On the basis of the analysis and performed calculations recommendations and basic principles have been made on development strategy of renewable energy sources in the Republic of Kazakhstan.


2021 ◽  
pp. 13-70
Author(s):  
Gabriel Calzada Álvarez ◽  
Raquel Merino Jara Jara ◽  
Juan Ramón Rallo Julián ◽  
José Ignacio García Bielsa

Economic crisis has raised the topic of whether governments should control the economy in order to promote prosperity and create jobs. This idea has specially sprung in relation to the promotion of entire productive sectors which are considered strategic or high-value by planners, one of which is renewable energies. This article analyzes the Spanish experience on subsidizing wind, mini-hydroelectric and photovoltaic energies in order to foster growth and create so-called «green jobs». Results suggest that more jobs are destroyed than those that initially were intended to be created. Key words: Renewable energies, subsidies, job destruction, economic planning, spending stimulus. JEL Classification: E24; E32; H25; H44; O13; Q42; Q43; Q48. Resumen: La crisis económica ha planteado la cuestión de si los gobiernos deberían controlar la economía para promover la prosperidad y crear empleo. Esta idea ha surgido especialmente en relación a la promoción de sectores productivos enteros que se consideran estratégicos o de alto valor por los planificadores, como el sector de las energías renovables. Este artículo analiza la experiencia española en relación con la subvención de las energías eólica, hidroeléctrica y fotovoltaica para impulsar el crecimiento y crear los llamados «empleos verdes». Los resultados sugieren que se destruyen más empleos de los que inicialmente se pretendía crear. Palabras clave: Energías renovables, subvenciones, destrucción de empleos, planificación económica, estímulos de gasto. Clasificación JEL: E24; E32; H25; H44; O13; Q42; Q43; Q48.


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