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Heshmati A., Abolhosseini Sh., Altmann J. The Development of Renewable Energy Sources and its Significance for the Environment

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Heshmati A., Abolhosseini Sh., Altmann J. The Development of Renewable Energy Sources and its Significance for the Environment
Springer Science+Business Media, Singapore, 2015, 175 pages, ISBN: 978-981-287-461-0, 978-981-287-462-7
The ongoing concerns about climate change have made renewable energy sources an important topic of research. Several scholars have applied different methodologies for examining the relationship between energy consumption, environment and economic growth of individual countries and groups of countries, in order to understand the effects of energy policies. In particular, previous studies have analyzed carbon dioxide emission savings made through the use of renewable energy from an individual source or in combination with traditional sources of energy by applying life-cycle analysis methods. This research has shown that after a certain period, economic growth leads to the promotion of the environmental quality. However, econometric critiques have opposed the results of these studies. Moreover, the effectiveness of governance-related parameters has been neglected in these studies. In this research, among others we analyze the impact of renewable energy development on carbon dioxide emission reduction.
In this volume, a number of issues are discussed that play a crucial role in enhancing the deployment of renewable energy, namely, the energy–environment relationship, alternative renewable energy production technologies, regulation frameworks for renewable energy sources, financing renewable energy development, and the market design for trading commoditized electricity generated by small renewable energy sources. Local power generation, which is the basis of renewable energy production, encourages the production of renewable energy resources, decreases transmission loss, increases saving energy, and enhances energy efficiency. Therefore, the integration of local, renewable energy sources and smart grids through local marketplaces that trade renewable energy in small units is a promising solution.
The subject of this work is development of renewable energy sources and their significance for the environment. A number of issues of particular interest to the readers are raised. We present the development of different renewable sources in recent decades and forecasts for future illustrated in figures and tables. Some regression analysis is also used for establishing relationship between emission and use of renewable energies. The key features of this work is its deep review and analysis of technologies, finances, environment and trade markets for renewable energy sources. It provides an up-to-date review of the literature considering production and consumption of renewable energy sources at country, regional and global levels.
The Energy and Environment Relationship
Alternative Renewable Energy Production Technologies
Regulatory Frameworks for Renewable Energy Sources
Financing Renewable Energy Development
Market Design for Trading Commoditized Renewable Energy
Impact of Renewable Energy Development on Carbon Dioxide Emission Reduction
Summary and Conclusion
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