Does Governance Quality Moderate the Finance-Renewable Energy-Growth Nexus?: Evidence from Five Major Regions in the World

Author(s):  
Diby Francois Kassi
2014 ◽  
pp. 92-105
Author(s):  
P. Bezrukikh ◽  
P. Bezrukikh (Jr.)

The article analyzes the dynamics of consumption of primary energy and production of electrical energy in the world for 1973-2012 and the volume of renewable energy. It is shown that in the crisis year of 20 0 9 there was a significant reduction in primary energy consumption and production of electrical energy. At the same time, renewable energy has developed rapidly, well above the rate of the world economy growth. The development of renewable energy is one of the most effective ways out of the crisis, taking into account its production regime, energy, environmental, social and economic efficiency. The forecast for the development of renewable energy for the period up to 2020, compiled by the IEA, is analyzed. It is shown that its assessment rates are conservative; the authors justify higher rates of development of renewable energy.


Author(s):  
B. Igliński ◽  
M. Skrzatek ◽  
W. Kujawski ◽  
M. Cichosz ◽  
R. Buczkowski

AbstractRenewable energy (RE) plays an increasingly important role in the economy of almost every country in the world. In order to examine the state of renewable energy (RE) in Mazowieckie Voivodeship (Poland), a literature review was carried out, anonymous surveys were conducted, a SWOT (Strenghts, Weaknesses, Opportunities, Threats) and TOWS analysis were carried out and the potential of RE in Mazowieckie voivodship was estimated. The total capacity of all installations is equal to 712 MW. In recent months, number of prosumers have increased to 11,742 in the Voivodeship, and the capacity of their installations is estimated at 66 MW. Simplification of legal regulations and educating society is strongly recommended. Respondents in the survey and SWOT analysis on the future of the energy sector in Mazowieckie Voivodeship show that solar energy (35.5% of respondents) and wind energy (24.5% of respondents) have the greatest chances for the development. Development of the RE sector in the Voivodeship means new jobs, both in this sector and around it. Significant RE potential together with large project financing possibilities may cause Mazowieckie Voivodeship to be a leader in RE production in Poland. It is this Voivodeship (with its capital Warsaw) that can serve as an example of the energy transformation towards 100% RE.


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 ◽  
Vol 1 (516) ◽  
pp. 65-76
Author(s):  
O. V. Klymchuk ◽  
◽  
S. V. Kozlovskyi ◽  
R. V. Lavrov ◽  
◽  
...  

The article is aimed at developing strategic directions and introducing regulatory measures for the formation of Ukraine’s energy policy on the principles of energy saving and the development of renewable energy industry. On the basis of scientific works, the main organizational-economic vectors of energy industry sector development are systematized, which are associated with the formation of a favorable socio-political climate regarding the priority of using renewable energy sources in the fuel and energy complex; development of effective methods of both the State-based and the market-based regulation by the world community; coordination of the strategy of sustainable development of the world economy. It is determined that the energy saving policy should be based on a flexible combination of the State-based regulation and the market environment for the formation of the most acceptable stimulation mechanisms in the specific economic and political situations, which allows for the greatest economic benefit. It has been found out that the implementation of energy saving processes is impossible without the mass use of renewable energy carriers, which are a universal resource for processing to the right types of energy, are marked by energy independence related to obtaining economic benefits and contribute to the creation of an ecological friendly environment. In the perspective, the energy saving processes, the transition of the national economy to wide implementation in the production of high-tech technologies and the use of renewable energy sources should become the determining factors of Ukraine’s energy strategy.


2006 ◽  
Vol 4 (1) ◽  
pp. 351-356
Author(s):  
Marlena Owczuk

The development of the automotive industry in the world causes high environmental degradation, the main source of this degradation is engine emissions. It is necessary to introduce biofuels prepared from renewable energy sources to the market due to the limited reserve of crude oil and environmental protection. Appropriate new modifications in law regulations have been prepared in European Union. Introducing alternative fuels can reduce the emissions of harmful gases and also decrease the level of pollutions in the environment.


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