Economics of Renewable Energy: An Assessment of Innovations with Statistical Data

The book provides a comprehensive review of renewable energy from an economic perspective, focusing on modern renewable energy based on geothermal, wind, and solar energy. It highlights the shift to a global low-carbon economy, enabled by technological advancements and increased access to energy, but also notes challenges such as differences in energy resources and international policies.

Format: Paperback / softback
Length: 228 pages
Publication date: 23 February 2023
Publisher: Springer Nature Switzerland AG

The book offers a thorough examination of renewable energy from an economic standpoint over the past two centuries, beginning with traditional renewable energy derived from bio and hydro sources. The emphasis is on contemporary renewable energy sources such as geothermal, wind, and solar energy. It arose when forward-thinking entrepreneurs identified profitable energy service opportunities. As renewable energy services expanded, technology costs decreased, resulting in global commercialization. This has facilitated greater access to energy and carbon dioxide emission reduction, but it has also created larger disparities in energy resources across countries, impeding international policies. This optimistic perspective on the transition to a global low-carbon economy is largely supported by statistical data on purchasing power, energy consumption, and businesses, as well as valuable energy services in many countries across all continents. The data are presented in 70 tables, graphs, and figures, most of which are original. Interpretation of the data is valuable in supporting decision-making for sustainable development in civil society, businesses, and policymakers, as well as for verifying scholarly hypotheses and projections in energy and climate policies.

Weight: 373g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030908065
Edition number: 1st ed. 2022