Creative Energy Alternatives

Author(s):  
Esin Okay

Energy has a strong impact on both economy and ecology. Global economy and ecology need to obtain sustainable and clean sources of energy, which is an issue of financial challenges. Developing countries face problems of energy sourcing due to costs and risks. But using the natural sources of energy in creative ways is cheap and clean. Therefore, developing economies must develop energy strategies based on creative energy solutions. Turkey as a developing country implemented policies to improve renewables and energy efficiency in line with EU requirements. Turkey does not have enough conventional energy but very large renewable energy resources. In this chapter, the large potential of creative energy alternatives in Turkey is explored. The indistinct start of energy savings market and the risks of financing huge energy projects show that Turkey needs to depend on investing in the cheapest forms of creative energy solutions.

2017 ◽  
pp. 1984-2006
Author(s):  
Esin Okay

Energy has a strong impact on both economy and ecology. Global economy and ecology need to obtain sustainable and clean sources of energy, which is an issue of financial challenges. Developing countries face problems of energy sourcing due to costs and risks. But using the natural sources of energy in creative ways is cheap and clean. Therefore, developing economies must develop energy strategies based on creative energy solutions. Turkey as a developing country implemented policies to improve renewables and energy efficiency in line with EU requirements. Turkey does not have enough conventional energy but very large renewable energy resources. In this chapter, the large potential of creative energy alternatives in Turkey is explored. The indistinct start of energy savings market and the risks of financing huge energy projects show that Turkey needs to depend on investing in the cheapest forms of creative energy solutions.


2003 ◽  
Vol 53 (3) ◽  
pp. 245-270 ◽  
Author(s):  
D. Daianu ◽  
R. Vranceanu

In the late eighties, many developing countries followed the example of the most advanced countries and opened their capital account (K.A.) in an attempt to reap new gains from increased integration with the world economy. Currently, after the wave of financial and currency crises that hurt the global economy over the last decade, enthusiasm about K.A. liberalization has greatly faded. First, the relationship between development and capital account liberalization did not come out to be as solid as initially expected; second, the greater capital mobility has brought about new forms of financial instability. This paper points to some risks that might be associated with undifferentiated deregulation of international movements of capital in connection with developing economies. It argues in favor of proper sequencing: liberalization should proceed in parallel with progress when it comes to macroeconomic stability, building market competition and the creation of a sound, internal financial system. A separate section analyzes this issue in the special context of transition economies.


Author(s):  
Njegoš Dragović ◽  
◽  
Milovan Vuković ◽  
Igor Urošević ◽  
◽  
...  

The structure of the facilities under construction must be designed to be energy efficient. The contribution of each residential or business, production and storage facility must be viewed in the context of energy savings and transformation through a centralized system. Renewable energy sources (RES) make a significant contribution to energy efficiency in buildings, which can be combined with each other and through huge transformations from thermal to electricity, achieve huge savings. in addition to savings and efficiency, RES also affect the construction of facilities that fit into the living space and compensate for the modalities of heating-cooling-transformation-storage-sale of excess energy The paper analyzes the current state of licensing, design and construction of facilities, as well as the issuance of use permits with reference to the installation of "green" materials and the creation of an appropriate atmosphere that supports renew-able energy sources and energy efficiency.


2019 ◽  
Vol 140 ◽  
pp. 04006
Author(s):  
Olesya Averyanova ◽  
Aleksandra Amelina ◽  
Pavel Amelin ◽  
Aleksandra Makeeva ◽  
Sergej Manovitskij ◽  
...  

Energy conservation and improving energy efficiency are priority areas for the development of the global economy. The need to increase the energy efficiency of the engineering equipment of buildings is due to both the requirements to reduce the energy consumption of buildings in general, and the increase in the proportion of energy-consuming climate systems used in modern construction. In large modern office, hotel and residential complexes to achieve the greatest energy efficiency it is necessary to use various technical solutions. The main element of an energy-efficient heating system is regulation. Balancing devices allow to not only balance and tune the system at any time of operational period but also serve as stop valves during reparation and diagnostics. Determination of energy savings bases on the average value heat consumption before and after modernization, depending on the type of installed valves or their combination. The focus of the work is hydraulic calculation of the heating system the authors conduct research on the effect of differently balancing fittings on the hydraulics of the heating system.


2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Hashim K. M ◽  
Ng D. K. S ◽  
Mimi H. Hassim

The objective of this paper is to describe the importance of formation of a pragmatic Energy Optimization Program (EOP) at the concerned oil and gas facilities. Substantial amount of energy savings can be realized by focusing on initiatives that require no investment or so called “self-help” that can easily be implemented without further a due. A “quick fix” initiative involves a nominal investment; it can also be easily executed without the need for detailed project justification. Given the increasing expectations to oil and gas organizations to maintain a competitive edge in the modern global economy have caused the instability of crude oil as the world’s major commercial energy source for the next coming years and greater commitment to reduce greenhouse gas (GHG) emission. Regardless of during high or low crude oil price, energy is certainly a critical business continuity driver for both users and producers. Having significantly greater EOP to explore energy savings opportunities require many efforts including new efficient equipment, new technology, new processes and approaches which should be given a priority. Ideally, EOP focused team shall effectively participate in early design stage of project, so that all significant energy efficiency concepts will be considered in the design. In reality, many energy efficiency efforts may be missed out as a result of loose energy efficiency definition, less competency of design engineers, hectic project schedule and/or resource constraint.


Author(s):  
Olesia Azarenkova

The paper is devoted to the analysis of Ukrainian fuel and energy sector (FES). The number of risks that threaten the stable supply of energy sources is growing. A high proportion of the energy intensity of developing economies in conjunction with their growing GDP leads to increased competition on world primary energy markets and causes significant fluctuations in energy prices, which negatively affect the global economy. There is also an important issue for world energy - limited use of non-renewable energy resources. Considering the prospects of development of Ukrainian FES, it is important to pay attention to patterns and trends of the global and national power. We have studied the basic trends of Ukrainian FES. It is the most important sector of the economy, and therefore its reform for market economy creation, price liberalization is a very important process. The current task of the energy sector of Ukraine is to be able to consistently produce and use energy to promote economic growth and improve quality of life.


2019 ◽  
Vol 1 (1) ◽  
pp. 42-48
Author(s):  
Sovik Mukherjee

There have been significant changes in the GATT / WTO system, one of them is its expansion in membership. The regime has up grown from its original 22 founding members to over 140 at the turn of the 20th century. The enlargement has led to the fundamental change in the character of the regime. In the early years the GATT / WTO was perceived of by China as a “Rich Nations’ Club” or “the Club of the Rich,” in which wealthy countries imposed rules on poor and weak developing countries. By the year 2000, the WTO included a majority of developing countries, many of which are among the poorest countries of the world. Furthermore, with the inclusion of China and Russia, the WTO community included all the major nations of the world, even those that were previously uninterested in open trade and thus stayed outside the trade regime. The paper in the above context begins with a brief history of China’s accession to the WTO, including a review of China’s objectives and motivations in joining. It reviews how its entry has supported its substantial growth and further integration into the global economy in terms of trade patterns and other economic indicators such as FDI along with regulations governing IPRs in tune with the WTO obligations. A brief portrait of comparison of Chinese economy with Indian economy is also laid down because both are leading emerging market developing economies — one is the Dragon and the other the Elephant.  


2006 ◽  
pp. 84-89 ◽  
Author(s):  
N. Birdsall

Reasons of high inequality in the modern world are considered in the article. In developing countries it interacts with underdeveloped markets and inefficient government programs to slow growth, which in turn slows progress in reducing poverty. Increasing reach of global markets makes rising inequality more likely and deepens the gap between rich and poor countries. Because global markets work better for the already rich, we should increase the representation of poor countries in global fora.


Author(s):  
Mahesh K. Joshi ◽  
J.R. Klein

The twenty-first century is being touted as the Asian century. With its stable economy, good governance, education system, and above all the abundant natural resources, will Australia to take its place in the global economy by becoming more entrepreneurial and accelerating its rate of growth, or will it get infected with the so-called Dutch disease? It has been successful in managing trade ties with fast-developing economies like China and India as well as developed countries like the United States. It has participated in the growth of China by providing iron ore and coal. Because it is a low-risk country, it has enabled inflow of large foreign capital investments. A lot will depend on its capability and willingness to invest the capital available in entrepreneurial ventures, its ability to capture the full value chain of natural resources, and to export the finished products instead of raw materials, while building a robust manufacturing sector.


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