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Opportunities, barriers and issues with renewable energy development – A discussion

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  • Sen, Souvik
  • Ganguly, Sourav

Abstract

Energy has come to be known as a ‘strategic commodity’ and any uncertainty about its supply can threaten the functioning of the economy, particularly in developing economies. Every society requires energy to meet the basic needs. A sustainable socioeconomic development needs secure energy supplies in an affordable rate which have low environmental impacts and low greenhouse gas (GHG) emissions. However 85% of primary energy demand is met by conventional fossil fuel combustion, which is responsible for 56.6% of anthropogenic GHG emissions. Renewable energy (RE) forms play an important role in providing sustainable and clean energy mitigating climate change. In a present scenario, with technological advancements, broaden understanding of renewable energy knowledge and positive support from governments with favorable promoting policies, RE forms are developing meeting energy demands in a cleaner way. This paper focuses on the opportunities, barriers and related issues with the RE developments. These, if taken cared positively, will lead to a sustainable social and economic development

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  • Sen, Souvik & Ganguly, Sourav, 2017. "Opportunities, barriers and issues with renewable energy development – A discussion," Renewable and Sustainable Energy Reviews, Elsevier, vol. 69(C), pages 1170-1181.
  • Handle: RePEc:eee:rensus:v:69:y:2017:i:c:p:1170-1181
    DOI: 10.1016/j.rser.2016.09.137
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