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Abstract

Ongoing concerns about climate change have made renewable energy sources an important component of the world energy consumption portfolio. Renewable energy technologies could reduce CO2 emissions by replacing fossil fuels in the power generation industry and the transportation sector. Because of some negative and irreversible externalities in conventional energy production, it is necessary to develop and promote renewable energy supply technologies and demand for renewable energy. Power generation using renewable energy sources should be increased in order to decrease the unit cost of generation. Energy consumption depends on several factors including economic progress, population, energy prices, weather, and technology.

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Heshmati, A., Abolhosseini, S., Altmann, J. (2015). Summary and Conclusion. In: The Development of Renewable Energy Sources and its Significance for the Environment. Springer, Singapore. https://doi.org/10.1007/978-981-287-462-7_8

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