The increasing utilization of renewable energy sources (RES) is a major energy policy strategy in many countries worldwide. Germany is a forerunner in the deployment of RES and has ambitious goals for the future. The support and use of renewables affects the economy: It creates business...

This paper presents a review of existing and emerging wind power technologies in light of the evident trends of the industry, and describes the challenges these technologies will face if wind turbines were to become a significant and reliable source of clean energy of the future. Apart from...

Energy storage systems (ESS) have the potential to make a significant contribution to planning and operation practises in power systems. While ESS can be used to provide multiple benefits in the power sector, widespread use has been restricted by high technology costs, lack of deployment...

The growing demand for energy, commitments taken to reduce greenhouse gas emissions, fossil fuel depletion and other issues enforced to accept the decision to analyze financing issues of renewable energy sector worldwide. This paper addresses two financing issues – financing channels and...

The objective of the study is to examine the relationship between macroeconomic factors (i.e., population growth; urbanization, industrialization, exchange rate, price level, food production index and live stock production index) and renewable energy in Pakistan over a period of 1975–2012. In...

Uneconomical extension of the grid has led to generation of electric power at the end user facility and has been proved to be cost effective and to an extent efficient. With augmented significance on eco-friendly technologies the use of renewable energy sources such as micro-hydro, wind, solar,...

Remote area power supply (RAPS) systems are being used for many years to supply power to rural or remote communities where the utility grid is not accessible. In order to avoid the high operating cost and environmental impact caused by conventional generators, renewable energy resources are...

The current study investigates the causal relationship between economic growth and renewable energy consumption in the BRICS countries over the period 1971–2010 within a multivariate framework. The ARDL bounds testing approach to cointegration and vector error correction model (VECM) are used...

Multi-criteria analyses (MCAs) are often applied to assess and compare the sustainability of different renewable energy technologies or energy plans with the aim to provide decision-support for choosing the most sustainable and suitable options either for a given location or more generically....

In response to variation generation of renewable resources, it is necessary to assess the impacts on electricity demand characteristics. Renewable resources under consideration are photovoltaic, wind, small hydro, biomass, and biogas. It is proposed to treat renewable generation as negative...