The role of energy efficiency and renewable energies in the future world energy market

Abstract

The world population is rising rapidly, notably in the developing countries. Historical trends suggest that increased annual energy use per capita is a good surrogate for the standard of living factors which promote a decrease in population growth rate. If these trends continue, the stabilization of the worlds population will require the increased use of all sources of energy as cheap oil and gas are depleted. The improved efficiency of energy use and renewable energy sources will be essential to stabilizing population, while providing a decent standard all over the world.

Investment in Energy Efficiency, Adoption of Renewable Energy and Household Behavior: Evidence from OECD Countries

“…Therefore, by jointly analysing the two possible decisions of the adoption of renewable energy and investment in energy efficiency that are taken by the household, one can capture the interrelation and the interaction between them. Such investigation has potential gain for policy implications as adoption of renewable energy and investments in energy efficiency are both important in the future world energy market (Sheffield, 1997) and in the energy transition. To our knowledge, there is no such investigation in economics literature and our study aims at filling this gap in literature.…”

Constructing sustainable palm oil: how actors define sustainability

“…The production and use of biomass for the generation of biofuels, electricity, and heat have been increasing worldwide (de Vries et al, 2007;Sheffield, 1997). Biomass serves as a carbon sink and/or reduces greenhouse gas (GHG) emissions in comparison with fossil fuel resources (Kim and Dale, 2005;Mann and Spath, 2001), and thus contributes addressing one of the causes of climate change.…”

Characterization of groundwater temperature obtained from the Korean national groundwater monitoring stations: Implications for heat pumps

“…Dramatic increases in energy demands for domestic, agricultural and industrial sectors have required tremendous consumption of fossil fuels, which resulted in many environmental pollution problems, global warming and rapid depletion of the fossil fuels in 21st century (Sheffield, 1997). Consequently, renewable and clean energy sources were essentially required.…”