The role of renewable energy sources in the global energy balance

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Abstract

the article analyzes the dynamics of global energy consumption, the share of non-renewable energy sources in energy consumption, the dynamics of carbon dioxide emissions in different countries of the world, the dynamics of the share of renewable energy sources in energy consumption, as well as the volume of investments in renewable energy sources. The objective factors of the development of the global energy balance, the features and factors of the importance of renewable energy sources for the global energy balance, their role on the example of the energy balance of the Russian Federation are considered. The problems of using renewable energy sources are identified and the main directions of their further development are presented. The prospects of renewable energy sources are determined by their inexhaustibility and environmental benefits. The main constraint in the development of renewable energy sources is the need for significant financial resources needed for infrastructure development. The main problem of using renewable energy sources is two factors: inflation and environmental damage. At the same time, it is necessary to take into account the annual growth in the volume of energy consumed and the increase in demand for it. The author concluded that, given the difficult situation in the global economy and rising inflation, as well as economic slowdown and even recession in some countries, the very development of renewable energy sources in the global energy mix will be long-term in nature due to the need for a significant amount of financing.

About the authors

A. M Meryash

Patrice Lumumba Peoples' Friendship University of Russia

References

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