Renewable energy has been considered as an effective way to deal with challenges caused by energy security and climate change. In the past decades, the share of renewable energy in the energy mix has been increasing with a proportion of around 25% globally benefitting from the steady maturity of economical, technological and political issues. However, the gap between expectations of fast, renewables-driven energy transitions and the reality of today’s energy systems which rely heavily on fossil fuels remains stubbornly large.
The development of renewable energy still faces uncertainties, among them are cost changes driven by the potential technology breakthroughs, renewable power market-oriented progress, and various challenges related to grid interconnection of such intermittent renewable energy resources, and some other factors.
Many countries and regions have issued their plans in boosting the development of renewable power. However, not one renewable power exploitation plan is acceptable universally due to the varied developing level of economies and societies. It is of great significance to explore the economic, technological, and political influences of related factors in achieving the development target for renewable energy.
This Research Topic is intended as a state-of-the-art resource for researchers, practitioners, and decision-makers interested in studying renewable power development all over the world. Topics of interest for this article collection include, but are not limited to:
• Renewable power taking part in the power market and trade;
• Evaluation of the economic, political or technological policies that may affect the development of renewable energy;
• Role of renewable power in the economic growth of the electricity sector;
• Business models and cost-benefit analyses for renewable energy development;
• Renewable power pricing and management for renewable power production and consumption;
• Comparison of driving factors behind the development path among countries and regions, and exploration on outcomes or insights that can be economic-robust across models;
• Derivatives on renewable power markets.
Renewable energy has been considered as an effective way to deal with challenges caused by energy security and climate change. In the past decades, the share of renewable energy in the energy mix has been increasing with a proportion of around 25% globally benefitting from the steady maturity of economical, technological and political issues. However, the gap between expectations of fast, renewables-driven energy transitions and the reality of today’s energy systems which rely heavily on fossil fuels remains stubbornly large.
The development of renewable energy still faces uncertainties, among them are cost changes driven by the potential technology breakthroughs, renewable power market-oriented progress, and various challenges related to grid interconnection of such intermittent renewable energy resources, and some other factors.
Many countries and regions have issued their plans in boosting the development of renewable power. However, not one renewable power exploitation plan is acceptable universally due to the varied developing level of economies and societies. It is of great significance to explore the economic, technological, and political influences of related factors in achieving the development target for renewable energy.
This Research Topic is intended as a state-of-the-art resource for researchers, practitioners, and decision-makers interested in studying renewable power development all over the world. Topics of interest for this article collection include, but are not limited to:
• Renewable power taking part in the power market and trade;
• Evaluation of the economic, political or technological policies that may affect the development of renewable energy;
• Role of renewable power in the economic growth of the electricity sector;
• Business models and cost-benefit analyses for renewable energy development;
• Renewable power pricing and management for renewable power production and consumption;
• Comparison of driving factors behind the development path among countries and regions, and exploration on outcomes or insights that can be economic-robust across models;
• Derivatives on renewable power markets.