Solar and Wind Energy are More Than Mainstreams: Global Trends

DOI

10.2991/aebmr.k.211118.008How to use a DOI?

Keywords

solar energy; wind energy; alternative energy source; emerging market

Abstract

The article aims at describing the status quo and analyzing the factors that encourage countries around the globe to opt for alternative energy sources. There is a constant growth in volumes energy consumption, which is associated with the stability of the global economy, increasing costs for heating and cooling in various parts of the world. However, the most densely populated areas, such as China and India, coal accounts for up to 80 % of the energy balance, which unavoidably increases CO2 emissions. Hereof, the paper discusses the urgency to divert to alternative energy sources, namely wind, solar, hydro, geothermal, biomass, and nuclear energy. The authors analyse the current state of energy sources in developed countries as well as emerging markets. Thus, the authors assume that the growth rate of renewable energy resources is inadequate though being rather advantageous over traditional sources. In this regard, the paper summarizes the factors that facilitate the efficiency of renewable energy sources. In addition, the article pinpoints the barriers that hinder the dispatch for substituting the traditional energy sources with renewables.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Anna Tarasova
AU  - Larisa Gorina
AU  - Tatiana Freze
PY  - 2021
DA  - 2021/11/29
TI  - Solar and Wind Energy are More Than Mainstreams: Global Trends
BT  - Proceedings of the Second Conference on Sustainable Development: Industrial Future of Territories (IFT 2021)
PB  - Atlantis Press
SP  - 40
EP  - 44
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.211118.008
DO  - 10.2991/aebmr.k.211118.008
ID  - Tarasova2021
ER  -