Leading Approaches to Energy Solutions in the 21st Century

DOI

10.2991/assehr.k.191221.197How to use a DOI?

Abstract

Our paper tackles the issue of the novel energy solutions in the 21st century and the leading approaches how to face them. Specifically, we are researching the leading approaches to saving, generating and storing energy, as well as their impacts on the world’s economic growth. Moreover, we look into the investments into energy technologies that encompass renewable energy sources (RES) and energy efficiency solutions. Renewable energy sources are expected to become the main source of electricity by 2030. In order to achieve that, governments need to take serious steps in funding and supporting renewable energy initiatives (e.g. in a form of feed-in-tariffs, incentives for installing solar panels or wind turbines, or payments for house insulation). In addition, a general understanding of the importance of the shift to the renewable energy for the sake of mitigating the results of global warming and climate change should be established. Consumers should be informed of the approaches to energy saving and energy efficiency and a nation-wide support for them should be gained. The leading approaches to energy solutions should also be popular and sustainable among the masses. In general, one can see that renewable energy is protected from these risks by state subsidy programs and continually falling costs. In the long term, this will reduce the supply of traditional energy resources such as oil and gas and, as a result, increase their prices. An impetus in the energy transition process should in turn lead to cheaper renewable energies.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Andrey Vlasov
AU  - Arina Adamova
AU  - Alexander Adamov
PY  - 2020
DA  - 2020/01/17
TI  - Leading Approaches to Energy Solutions in the 21st Century
BT  - Proceedings of the 5th International Conference on Social, Economic, and Academic Leadership (ICSEALV 2019)
PB  - Atlantis Press
SP  - 190
EP  - 196
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.191221.197
DO  - 10.2991/assehr.k.191221.197
ID  - Vlasov2020
ER  -