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Global Impact Of Solar Energy Case Study - Germany

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  • Gheorghe Caralicea Marculescu

    (Universitatea Constantin Brancusi din Targu-Jiu, FSEGA)

Abstract

Renewable energy is a socially and politically defined category of energy sources. Renewable energy is generally defined as energy that comes from resources which are continually replenished on a human timescale such as sunlight, wind, rain, tides, waves and geothermal heat. About 16% of global final energy consumption comes from renewable resources, with 10% of all energy from traditional biomass, mainly used for heating, and 3.4% from hydroelectricity. New renewables (small hydro, modern biomass, wind, solar, geothermal, and biofuels) accounted for another 3% and are growing rapidly. This paper seeks is aimed at presenting the impact solar energy could have on a world level given the finitude, reachability and ever increasing prices of fossil fuels. As a case study we will present the solar energy industry in Germany emphasizing the advantages and disadvantages this form of energy has in this country and worldwide.

Suggested Citation

  • Gheorghe Caralicea Marculescu, 2014. "Global Impact Of Solar Energy Case Study - Germany," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 230-232, February.
    • Handle: RePEc:cbu:jrnlec:y:2014:v:1:p:230-232
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    File URL: http://www.utgjiu.ro/revista/ec/pdf/2014-01/33_Caralicea%20Gheorghe.pdf
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    Keywords

    solar energy; renewbable energy;

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