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Diffusion of Renewable Energy

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Abstract

Does renewable energy evolve toward the global energy resource? This question is discussed using statistical data on the carbon content of energy resources, value-adding services, storage in energy networks, and the valorisation trends from 1990 to 2015. Decarbonisation of energy resources is negligible, and policies on hydrogen may not improve it but cause higher costs. A more promising trend is the growing value-added energy services based on renewable energy, called valorisation. Therefore, investments in energy storage and network stability are needed, based on the traditional infrastructure and modern one with batteries. If the valorisation of energy services as seen in the last 25 years continues during the next 25 years, along with the substitution of fossil fuels for renewable energy, energy services become accessible and CO2 emission reduction enables mitigation of climate change.

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  • DOI: 10.1007/978-3-030-90804-1_6
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Krozer, Y. (2022). Diffusion of Renewable Energy. In: Economics of Renewable Energy. Springer, Cham. https://doi.org/10.1007/978-3-030-90804-1_6

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  • DOI: https://doi.org/10.1007/978-3-030-90804-1_6

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-90803-4

  • Online ISBN: 978-3-030-90804-1

  • eBook Packages: EnergyEnergy (R0)