Research Information System
in: Renewable Energy Resources, Challenges and Applications, Mansour Al Qubeissi,Ahmad El-kharouf,Hakan Serhad Soyhan, Editor, intechopen, London, pp.3-18, 2020
Energy demand in the world is nowadays growing further out of limits of
installable generation capacity. Therefore, future energy demands should be met
and improved efficiently and securely. Energy solutions should be supported by utilizing renewable energy sources. At present, the contribution of renewable energy
to the world primary energy is not high to meet the primary energy and electricity
supplies. Both developed and developing nations will necessarily continue to rely
on fossil fuels in the coming decades. In developing countries, the situation is more
inconvenient than that for developed countries. Many developing countries have
been apparently trying to restructure their energy sectors. It seems that it is difficult to realize innovations. Cost, market share and policy are the main barriers for
the development of renewable energy. In the strategy plans of many countries, the
sustainable development in relation to the parameters such as economic, social and
industrial is supported by their energy policies. New enabling technologies related
to renewable energies will also help to reduce environmental costs, and thus the
energy systems will be operated as both securely and economically without environmental problems. New renewable energy markets are surely required in both the
wholesale and retail markets.