LAPSE:2023.23522
Published Article

LAPSE:2023.23522
Reviewing Usage, Potentials, and Limitations of Renewable Energy Sources
March 27, 2023
Abstract
The world’s ever-increasing population, combined with economic and technological growth and a new, modern way of life, has led to high energy demand and consumption. Fossil fuels have been the main energy source for many years, but their use has many negative impacts on the environment. This has made the transition to renewable energy sources necessary in order to address climate change and meet the 1.5 °C goal. This paper is a review of the different types of renewables, their potentials and limitations, and their connection to climate change, economic growth, and human health. It also examines consumers’ willingness to pay for renewables in different countries, based on the existing literature. IEA (International Energy Agency) data are analyzed, concerning renewables’ current use, the evolution of their usage, and forecasts about their future usage. Finally, policies and strategies are recommended in order to address climate change and fully integrate renewables as a sustainable energy source.
The world’s ever-increasing population, combined with economic and technological growth and a new, modern way of life, has led to high energy demand and consumption. Fossil fuels have been the main energy source for many years, but their use has many negative impacts on the environment. This has made the transition to renewable energy sources necessary in order to address climate change and meet the 1.5 °C goal. This paper is a review of the different types of renewables, their potentials and limitations, and their connection to climate change, economic growth, and human health. It also examines consumers’ willingness to pay for renewables in different countries, based on the existing literature. IEA (International Energy Agency) data are analyzed, concerning renewables’ current use, the evolution of their usage, and forecasts about their future usage. Finally, policies and strategies are recommended in order to address climate change and fully integrate renewables as a sustainable energy source.
Record ID
Keywords
climate change, economic growth, human health, Renewable and Sustainable Energy, usage, willingness to pay
Subject
Suggested Citation
Halkos GE, Gkampoura EC. Reviewing Usage, Potentials, and Limitations of Renewable Energy Sources. (2023). LAPSE:2023.23522
Author Affiliations
Halkos GE: Department of Economics, University of Thessaly, 38333 Volos, Greece [ORCID]
Gkampoura EC: Department of Economics, University of Thessaly, 38333 Volos, Greece
Gkampoura EC: Department of Economics, University of Thessaly, 38333 Volos, Greece
Journal Name
Energies
Volume
13
Issue
11
Article Number
E2906
Year
2020
Publication Date
2020-06-05
ISSN
1996-1073
Version Comments
Original Submission
Other Meta
PII: en13112906, Publication Type: Review
Record Map
Published Article

LAPSE:2023.23522
This Record
External Link

https://doi.org/10.3390/en13112906
Publisher Version
Download
Meta
Record Statistics
Record Views
237
Version History
[v1] (Original Submission)
Mar 27, 2023
Verified by curator on
Mar 27, 2023
This Version Number
v1
Citations
Most Recent
This Version
URL Here
https://psecommunity.org/LAPSE:2023.23522
Record Owner
Auto Uploader for LAPSE
Links to Related Works
