Justification of Long-Term Economic Policy of Renewable Energy Sources

Valentinas Klevas
Chief Research Associate at Lithuanian Energy Institute, Professor at Kaunas University of Technology, Kaunas, Lithuania

Series: Energy Policies, Politics and Prices
BISAC: LAW070000

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Volume 10

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Special issue: Resilience in breaking the cycle of children’s environmental health disparities
Edited by I Leslie Rubin, Robert J Geller, Abby Mutic, Benjamin A Gitterman, Nathan Mutic, Wayne Garfinkel, Claire D Coles, Kurt Martinuzzi, and Joav Merrick

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Recommendations for the establishment of unified principles for the efficiency estimation of renewable energy sources (RES) technologies and long-term incentive system are presented. The first focus is on a developed method for the evaluation of RES use impact on macroeconomic indicators. Analysis of RES was done according to natural RES, such as wind and solar energy. Inexhaustibility of such resources is one of the main accents of sustainable development of energy, ensuring a reliable supply of energy resources for future generations. This type of energy is not produced, it is perpetuated; thus, the extent of the use of one period does not affect the extent of the use of the next period, which affects the expectations of investors and consumers.

The second focus is on the motivation of RES technologies demands. Review of support schemes and measures of RES technologies financing, lending, pricing, etc. used in foreign countries is presented. In the long-term, the main emphasis should be given to the improvement of educational systems and scientific research concerning scientific and technical progress, as well as the formation of various measures and assumptions that affect the country’s international competitiveness. There is a very important issue of balancing various forms of RES. The main approach is organized by the integration of various RES technologies within the programs of a city’s energy systems.
(Imprint: Nova)

Preface

Introduction

Chapter 1
Impact of Deployment of Advanced Renewable Energy Technologies on Economy and Formation of a Motivation System

Chapter 2
Analysis of Natural Res Influence on Macroeconomic Indicators

Chapter 3
Formation of the Evaluation Principles of State Support Measures

Chapter 4
Analysis of Short-Term Res Support Measures (Until 2020)

Chapter 5
Long-Term Measures for Justification of Improvement of Res Supply and Demand Support Measures

Conclusion

Literature

Index

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