The purpose of this article is evaluating the effect of renewable energy on economy growth. Therefore, the production function has been examined in OPEC members in 2012-2016 using the dynamic board data based on energy consumption. The results reveal that among variables, the existence of...

This article describes how Romania has implemented a generous program for green energy development, which attracted so many investments that the target set for 2020 must have reached. This article presents a model for estimating the effect of governmental decisions on investments in renewable...

The governments seeking to invest renewable energies for electrifying far spots and/or isolated islands are always confronted with the problem of selecting the best energy (portfolio of energies) technology. To reach the optimum decision, they must take into account a variety of criteria...

Renewable energy can potentially be a source of competitive advantage, reduce greenhouse gases, and counter climate change. This study utilizes Multi-Criteria Decision Analysis to systematically assess the relative attractiveness of multiple renewable energy forms based on three factors: 1....

Energy is the source of development of the mankind and an indispensable input for economic growth. Currently, most of the energy consumed in the world is composed of fossil fuels which are not environmentally friendly and reliable since their prices are volatile and their supply compels...

One of the key elements of future energy generation is the switch to non-depletable resources, widely known as renewable energy sources (RES). There are many types of RES, however, but the focus of this article is on biomass products, which mainly consists of forest production (wood) and energy...

Abstract Federal and state policies have historically privileged fossil fuel development in the western US. Presently, these abundant conventional energy sources remain important economic contributors to western state and federal coffers but rising energy demand, calls for energy independence,...

Purpose The paper presents a techno-economic analysis of the electromechanical equipment of traditional vertical axis water mills (VAWMs) to help investors, mill owners and engineers to preliminary estimate related benefits and costs of a VAWM repowering. Design/methodology/approach Two...