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Strategic planning and challenges to the deployment of renewable energy technologies in the world scenario: its impact on global sustainable development

Author

Listed:
  • Ashiwani Yadav

    (Indian Institute of Technology (Indian School of Mines))

  • Nitai Pal

    (Indian Institute of Technology (Indian School of Mines))

  • Jagannath Patra

    (Indian Institute of Technology (Indian School of Mines))

  • Monika Yadav

    (Indian Institute of Technology (Indian School of Mines))

Abstract

To achieve the solutions to environmental problems that the world is facing in the current scenario, possible enduring actions projected to attain global sustainable developments are needed. Today, the world needs clean energy revolution to decline necessity towards fossil fuels; such a vital clean energy revolution may enhance the implementation of renewable energy technologies (RETs). The RETs have the unique capabilities to accomplish the requirements for energy and its associated services to ensure human societal and economic improvement; however, to make it successful, it must be sustainable globally. The present article describes the possible contribution associated with the RET to the three segments of sustainability. It enhances sustainability indicators like energy access and energy security; these impacts encourage the permanent societal and economic development. Irrespective of such opportunities, there are certain obstacles hindering sustainability of RERs towards sustainable development. These obstacles comprise market failures, lack of awareness, environmental, as well as institutional challenges. The proposed analysis and policy recommendations together will help to accomplish the goal of sustainability and mitigation of climate change. Also, it may decrease greenhouse gas emissions and provide healthy environment with clean energy for the present, as well as future, generations.

Suggested Citation

  • Ashiwani Yadav & Nitai Pal & Jagannath Patra & Monika Yadav, 2020. "Strategic planning and challenges to the deployment of renewable energy technologies in the world scenario: its impact on global sustainable development," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(1), pages 297-315, January.
    • Handle: RePEc:spr:endesu:v:22:y:2020:i:1:d:10.1007_s10668-018-0202-3
    DOI: 10.1007/s10668-018-0202-3
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