A Review of Renewable Energy Supply and Energy Efficiency Technologies

36 Pages Posted: 3 May 2014

See all articles by Shahrouz Abolhosseini

Shahrouz Abolhosseini

Seoul National University

Almas Heshmati

Sogang University; Jönköping International Business School

Jorn Altmann

International University of Bruchsal

Abstract

Electricity consumption will comprise an increasing share of global energy demand during the next two decades. In recent years, the increasing prices of fossil fuels and concerns about the environmental consequences of greenhouse gas emissions have renewed the interest in the development of alternative energy resources. In particular, the Fukushima Daiichi accident was a turning point in the call for alternative energy sources. Renewable energy is now considered a more desirable source of fuel than nuclear power due to the absence of risk and disasters. Considering that the major component of greenhouse gases is carbon dioxide, there is a global concern about reducing carbon emissions. In this regard, different policies could be applied to reducing carbon emissions, such as enhancing renewable energy deployment and encouraging technological innovations. Two main solutions may be implemented to reduce CO2 emissions and overcome the problem of climate change: replacing fossil fuels with renewable energy sources as much as possible and enhancing energy efficiency. In this paper, we discuss alternative technologies for enhancing renewable energy deployment and energy use efficiency.

Keywords: energy resources, renewable energy, energy use efficiency, generation technology, carbon emission, green employment

JEL Classification: D61, D62, H23, N50, O13, Q52, Q55

Suggested Citation

Abolhosseini, Shahrouz and Heshmati, Almas and Altmann, Jorn, A Review of Renewable Energy Supply and Energy Efficiency Technologies. IZA Discussion Paper No. 8145, Available at SSRN: https://ssrn.com/abstract=2432429 or http://dx.doi.org/10.2139/ssrn.2432429

Shahrouz Abolhosseini (Contact Author)

Seoul National University ( email )

Almas Heshmati

Sogang University ( email )

Seoul 121-742
Korea, Republic of (South Korea)
0082-2-705-8771 (Phone)

HOME PAGE: http://www.sogang.ac.kr/english/academic/03_under_0123.html

Jönköping International Business School ( email )

Jönköping, 551 11
Sweden

Jorn Altmann

International University of Bruchsal ( email )

1 Gwanak-Ro
Seoul, 08826
Korea, Republic of (South Korea)

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