Dayana Mishell Alvarez Constante, Carlos Rolando Rosero Erazo
{"title":"The role of renewable energies in the transition to a sustainable energy model: Challenges and opportunities","authors":"Dayana Mishell Alvarez Constante, Carlos Rolando Rosero Erazo","doi":"10.37956/jbes.v8i3.372","DOIUrl":null,"url":null,"abstract":"This study focused on the important role of renewable energies in the transition to a sustainable energy model and assessed their benefits, challenges and opportunities. Renewable energies have been identified as an important solution to respond to climate change by reducing greenhouse gas emissions and diversifying the energy matrix. However, challenges have been identified, including the scarcity and variability of renewable energy sources, high upfront costs and the need for infrastructure improvements. However, significant opportunities in energy storage were highlighted, including technological advances, favorable policies and regulations, and financial innovations. The positive socio-economic impact of renewable energy on job creation, social development and poverty reduction has also been demonstrated. In summary, the importance of harnessing the potential of renewable energy and addressing current challenges is key to moving towards a more secure and sustainable future.","PeriodicalId":213922,"journal":{"name":"Journal of business and entrepreneurial studie","volume":"111 45","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of business and entrepreneurial studie","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.37956/jbes.v8i3.372","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
This study focused on the important role of renewable energies in the transition to a sustainable energy model and assessed their benefits, challenges and opportunities. Renewable energies have been identified as an important solution to respond to climate change by reducing greenhouse gas emissions and diversifying the energy matrix. However, challenges have been identified, including the scarcity and variability of renewable energy sources, high upfront costs and the need for infrastructure improvements. However, significant opportunities in energy storage were highlighted, including technological advances, favorable policies and regulations, and financial innovations. The positive socio-economic impact of renewable energy on job creation, social development and poverty reduction has also been demonstrated. In summary, the importance of harnessing the potential of renewable energy and addressing current challenges is key to moving towards a more secure and sustainable future.