Solar Energy as Renewable Energy Source: SWOT Analysis

Guangul, Fiseha M.; Chala, Girma T.

doi:10.1109/icbdsc.2019.8645580

Cited by 101 publications

(49 citation statements)

References 9 publications

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“…However, on a global scales, investments into this industry increased only by 1% (Arouri et al, 2011;Elder et al, 2014). Guangul and Chala (2019) conducted a SWOT-analysis of solar energy specifically. As strengths they highlight their limitlessness; environmental friendliness; ease of usage and harvesting; cheaper costs and versatility of utilization.…”

Section: Literature Reviewmentioning

confidence: 99%

Renewable Energy Transition: Evidence From Spillover Effects in Exchange-Traded Funds

Lisin

Senjyu

2021

IJEEP

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The article examines the spillover effect of the transition to renewable energy on different financial markets: specifically, the stock market. The research paper analyzes the prices and dynamics of oil-related assets and renewable funds, as well as reviews literature on the topic in order to evaluate the most important factors of development in these industries. The article utilizes methods of correlation analysis, analysis of variance, regression analysis and standards of deviation and error with the intention to test null hypotheses from previous research. The study uses empirical data spanning the majority of the last decade, in which a decline in the oil market can be observed. This is juxtaposed by the rapid and intense development of renewable energy -solar energy in particular. As concluded in the article, there is a strong spillover effect of this growth onto other markets, emphasizing the investments flowing into renewable energy. Moreover, the ambitious prospects of renewable energy development and it being a strong competitor to fossil fuels and, specifically, oil is drawn as a result of the conducted research.

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Section: Literature Reviewmentioning

confidence: 99%

Renewable Energy Transition: Evidence From Spillover Effects in Exchange-Traded Funds

Lisin

Senjyu

2021

IJEEP

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“… 1,2 Solar energy is highly advocated among CO 2 neutral energy sources, with the potential to provide sufficient energy to sustain global energy consumption. 3 Solar energy can be converted to electricity with photovoltaics (PVs). At the end of 2019, solar PV technology had achieved a global installed capacity of 600 GW with annual capacity additions amounting to ≥100 GW.…”

Section: Introductionmentioning

confidence: 99%

Comparison of homogeneous and heterogeneous catalysts in dye-sensitised photoelectrochemical cells for alcohol oxidation coupled to dihydrogen formation

Bruggeman

Mathew

Detz

et al. 2021

Sustainable Energy Fuels

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“…The burning of fossil fuels causes serious environmental issues (Agbulut and Sarıdemir, 2019); to overcome these problems, alternative energy resources are being explored. Among alternative energy resources, solar energy has gained the attention of many researchers for differing reasons (Dudin et al, 2016;Oh et al, 2018;Guangul and Chala, 2019). The Sun is a universal renewable energy source (Moner-Girona et al, 2016).…”

Section: Introductionmentioning

confidence: 99%

Performance Investigation of a Solar Thermal Collector Based on Nanostructured Energy Materials

et al. 2021

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The convective and conductive heat transfer between the solar collector and working fluids make photothermal performance limited, and result in a higher rate of heat loss from the surface of the conventional absorber to the surroundings. Direct absorption solar collectors (DASC) are a favorable alternative for their improved photothermal performance. In this study, a simulation based on the performance of a nanostructured solar collector has been carried out using TRNSYS. The connective and conductive heat transfer from direct solar collectors were improved by using nanofluids and three different nanostructured materials, CuO, GO, and ZnO, in this study. The analysis determines the outlet temperature of the working fluids that passed through the direct solar collector. The TRNSYS model consists of a direct solar collector and weather model for Lahore city, the simulations were performed for the whole year for 1,440 h. The stability of these nanostructured materials in the water was investigated by using a UV‐Vis spectrophotometer. Various performance parameters of direct solar collectors were determined, such as variation in outlet collector temperature and heat transfer rates. The numerical model is validated with experimental results. A maximum outlet temperature of 63°C was observed for GO-based nanofluids. The simulation results show that for the whole year, nanofluids improved the performance of direct solar collectors. Significant improvements in the heat transfer rate of 23.52, 21.11, and 15.09% were observed for the nanofluids based on nanostructures of CuO, ZnO, and GO respectively, as compared to water. These nanostructured energy materials are beneficial in solar-driven applications like solar desalination, solar water, and space heating.

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Solar Energy as Renewable Energy Source: SWOT Analysis

Cited by 101 publications

References 9 publications

Renewable Energy Transition: Evidence From Spillover Effects in Exchange-Traded Funds

Renewable Energy Transition: Evidence From Spillover Effects in Exchange-Traded Funds

Comparison of homogeneous and heterogeneous catalysts in dye-sensitised photoelectrochemical cells for alcohol oxidation coupled to dihydrogen formation

Performance Investigation of a Solar Thermal Collector Based on Nanostructured Energy Materials

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