Incentives and strategies for financing the renewable energy transition: A review

<p dir="ltr">With the global population set to continue growing, the demand for energy will increase. Fossil fuel resources are in decline, and their use is associated with environmental destruction. This highlights the need for more investment in energy resources that can meet the g...

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Main Author: Sikandar Abdul Qadir (17281241) (author)
Other Authors: Hessah Al-Motairi (17281242) (author), Furqan Tahir (14429547) (author), Luluwah Al-Fagih (10063137) (author)
Published: 2021
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author Sikandar Abdul Qadir (17281241)
author2 Hessah Al-Motairi (17281242)
Furqan Tahir (14429547)
Luluwah Al-Fagih (10063137)
author2_role author
author
author
author_facet Sikandar Abdul Qadir (17281241)
Hessah Al-Motairi (17281242)
Furqan Tahir (14429547)
Luluwah Al-Fagih (10063137)
author_role author
dc.creator.none.fl_str_mv Sikandar Abdul Qadir (17281241)
Hessah Al-Motairi (17281242)
Furqan Tahir (14429547)
Luluwah Al-Fagih (10063137)
dc.date.none.fl_str_mv 2021-11-01T00:00:00Z
dc.identifier.none.fl_str_mv 10.1016/j.egyr.2021.06.041
dc.relation.none.fl_str_mv https://figshare.com/articles/journal_contribution/Incentives_and_strategies_for_financing_the_renewable_energy_transition_A_review/24433771
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Engineering
Electronics, sensors and digital hardware
Resources engineering and extractive metallurgy
Environmental sciences
Environmental management
Barriers
Energy transition
Fossil fuels
Incentives
Strategies
Financing
Renewable energy
dc.title.none.fl_str_mv Incentives and strategies for financing the renewable energy transition: A review
dc.type.none.fl_str_mv Text
Journal contribution
info:eu-repo/semantics/publishedVersion
text
contribution to journal
description <p dir="ltr">With the global population set to continue growing, the demand for energy will increase. Fossil fuel resources are in decline, and their use is associated with environmental destruction. This highlights the need for more investment in energy resources that can meet the global demand without harming the environment. Clean forms of energy, such as solar, wind, and hydropower, are both successful and readily available, yet investment in them has fluctuated. The affordability, ease of availability and technological maturity of oil in some regions has contributed to the slow uptake of investment in renewable energy projects. This paper discusses the main barriers hindering investment in clean energy production, highlights crucial incentives that could speed up investment processes, and examines several necessary strategies for the transition from fossil-fuel-based energy to renewable sources.</p><h2>Other Information</h2><p dir="ltr">Published in: Energy Reports<br>License: <a href="http://creativecommons.org/licenses/by/4.0/ " rel="noreferrer" target="_blank">http://creativecommons.org/licenses/by/4.0/ </a><br>See article on publisher's website: <a href="https://doi.org/10.1016/j.egyr.2021.06.041" rel="noreferrer noopener" target="_blank">https://doi.org/10.1016/j.egyr.2021.06.041</a> </p>
eu_rights_str_mv openAccess
id Manara2_e5500cf41dc015ce2f0aeae07f2d6a4f
identifier_str_mv 10.1016/j.egyr.2021.06.041
network_acronym_str Manara2
network_name_str Manara2
oai_identifier_str oai:figshare.com:article/24433771
publishDate 2021
repository.mail.fl_str_mv
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rights_invalid_str_mv CC BY 4.0
spelling Incentives and strategies for financing the renewable energy transition: A reviewSikandar Abdul Qadir (17281241)Hessah Al-Motairi (17281242)Furqan Tahir (14429547)Luluwah Al-Fagih (10063137)EngineeringElectronics, sensors and digital hardwareResources engineering and extractive metallurgyEnvironmental sciencesEnvironmental managementBarriersEnergy transitionFossil fuelsIncentivesStrategiesFinancingRenewable energy<p dir="ltr">With the global population set to continue growing, the demand for energy will increase. Fossil fuel resources are in decline, and their use is associated with environmental destruction. This highlights the need for more investment in energy resources that can meet the global demand without harming the environment. Clean forms of energy, such as solar, wind, and hydropower, are both successful and readily available, yet investment in them has fluctuated. The affordability, ease of availability and technological maturity of oil in some regions has contributed to the slow uptake of investment in renewable energy projects. This paper discusses the main barriers hindering investment in clean energy production, highlights crucial incentives that could speed up investment processes, and examines several necessary strategies for the transition from fossil-fuel-based energy to renewable sources.</p><h2>Other Information</h2><p dir="ltr">Published in: Energy Reports<br>License: <a href="http://creativecommons.org/licenses/by/4.0/ " rel="noreferrer" target="_blank">http://creativecommons.org/licenses/by/4.0/ </a><br>See article on publisher's website: <a href="https://doi.org/10.1016/j.egyr.2021.06.041" rel="noreferrer noopener" target="_blank">https://doi.org/10.1016/j.egyr.2021.06.041</a> </p>2021-11-01T00:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1016/j.egyr.2021.06.041https://figshare.com/articles/journal_contribution/Incentives_and_strategies_for_financing_the_renewable_energy_transition_A_review/24433771CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/244337712021-11-01T00:00:00Z
spellingShingle Incentives and strategies for financing the renewable energy transition: A review
Sikandar Abdul Qadir (17281241)
Engineering
Electronics, sensors and digital hardware
Resources engineering and extractive metallurgy
Environmental sciences
Environmental management
Barriers
Energy transition
Fossil fuels
Incentives
Strategies
Financing
Renewable energy
status_str publishedVersion
title Incentives and strategies for financing the renewable energy transition: A review
title_full Incentives and strategies for financing the renewable energy transition: A review
title_fullStr Incentives and strategies for financing the renewable energy transition: A review
title_full_unstemmed Incentives and strategies for financing the renewable energy transition: A review
title_short Incentives and strategies for financing the renewable energy transition: A review
title_sort Incentives and strategies for financing the renewable energy transition: A review
topic Engineering
Electronics, sensors and digital hardware
Resources engineering and extractive metallurgy
Environmental sciences
Environmental management
Barriers
Energy transition
Fossil fuels
Incentives
Strategies
Financing
Renewable energy