The role of renewable energy in the global energy transformation

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

The advantages of renewable energy are that it is low in pollution and sustainable. Energy shortages do not apply to renewable energy. In this study, we primarily forecast growth trends in renewable energy consumption in China. Renewable energy is an emerging technology, and thus this study comprises only 22 pieces of sample data. Because the historical data comprised a small sample and did not fit a normal distribution, big data analysis was not an appropriate prediction method. Therefore, we used three grey prediction models, the GM(1,1) model, the NGBM(1,1) model, and the grey Verhulst model, for theoretical derivation and scientific verification. The accuracy and fitness of the prediction models were compared using regression analysis. Regarding the three indicators of mean absolute error, mean squared error, mean absolute percentage error, this study's comparison of the forecast accuracy of the three grey prediction models and regression analysis indicated that NGMB(1,1) had the highest forecast accuracy, followed by the grey Verhulst model and the GM(1,1) model. Regression analysis exhibited the lowest results. In addition, this study confirmed that, for predictions that use small data samples, the modified grey NGBM(1,1) model and the grey Verhulst model had higher forecast accuracy than the original GM(1,1) model did. The models used in this study for forecasting renewable energy can be applied to predicting energy consumption in other countries, which affords insight into the global trend of energy development.

Models for forecasting growth trends in renewable energy

Renewable and sustainable energy production in Saudi Arabia according to Saudi Vision 2030; Current status and future prospects

This chapter takes sustainable development as the starting point
and focus for analysis. It considers the broad and multifaceted
bi-directional interplay between sustainable development, including
its focus on eradicating poverty and reducing inequality in their
multidimensional aspects, and climate actions in a 1.5°C warmer world.
These fundamental connections are embedded in the Sustainable
Development Goals (SDGs). The chapter also examines synergies
and trade-offs of adaptation and mitigation options with sustainable
development and the SDGs and offers insights into possible pathways,
especially climate-resilient development pathways towards a 1.5°C
warmer world.

Sustainable development, poverty eradication and reducing inequalities

We conduct a comprehensive mapping and cost analysis of the renewable energy (RE) technology options available to the United Arab Emirate’s (UAE) energy system. Based on projected demand and the true (unsubsidized) costs of fossil fuel supply, the substitution cost of each option and its respective potential is estimated. We demonstrate that a significant acceleration of the existing RE plans can be achieved with positive economic benefits for a number of options – before accounting for health and environmental benefits, or new opportunities for hydrocarbon exports – and that the full portfolio can be completed at a cost that is less than 1 US Dollar (USD) per gigajoule (GJ) when accounting for the avoided subsidies by 2030. Growing opportunity cost of gas, falling solar prices and abundant solar resources are the biggest drivers behind these results. Cumulatively implementation of these options results in RE contributing to 10% of UAE’s total final energy consumption in 2030. This achievement, seen in the context of the global effort to increase renewable energy penetration, is relatively limited, but the rates of increase in RE deployment are actually among the highest internationally given the low starting point and the unavailability of traditional RE sources (biomass and hydro) in the UAE. Moreover, they herald the implications of RE’s rapid shift to cost-competitiveness in a country like the UAE.

RE-mapping the UAE’s energy transition: An economy-wide assessment of renewable energy options and their policy implications

Handle everyday research tasks with reliable, citation-backed results

Your personal Research Agent to handle research tasks with citation-backed results

Popular Tasks used by Researchers

How can I help with your research?

Meet SciSpace

Get more enhanced response by uploading the PDFs you want me to reference.

No relevant PDFs in your library

SciSpace is the AI research assistant for academics. Run systematic literature reviews on 280M+ papers, and write papers with cited sources. Trusted by 1M+ students, PhDs & researchers.

SciSpace | AI for Research

Analyze PDFs

Code & Manuscripts

Funding & Grants

Literature & Patents

Medical & Clinical Data

Systematic Review

Visualize & Present

Web & Data

Build a Google Scholar-like website for your research.

Build a website

Create charts and images for your research

Create a Chart

Write a paper for submission to a journal

Draft a manuscript

Patent Search

Design eye-catching scientific posters in minutes.

Scientific Poster Generation

Systematic Literature Review

One task is running at the moment. Your messages will be shown right after.

Drag and drop or click here to browse

Loved by <highlight>1 million+</highlight> researchers

Extract a list of specific topics and their sources from unstructured text

Topics

Compare and analyze relevant papers that matches with your search

Papers

Get insights from PDFs and bookmarked papers from your library

My library

Recent searches

Try searching for:

Catch AI-generated content in scholarly and non-scholarly content

{ai} Detector

Ai Writer

Get PDF Summaries, highlighted text explanations 

Chat with PDF

Effortlessly create in-text citations and bibliographies in APA and 2,500 other formats

Citation generator

Get explanations, summaries, and answers on academic papers

Ease up your research workflow with {scispace}'s cohort of exciting AI tools

Elevate your academic writing skills and convey your ideas the way you want

Paraphraser

Explore our range of reading and writing tools

Your file is being prepared and should be ready in a few minutes. If it's a large file, it might take a bit longer. You can close this window, and we'll email you the file when it's done.

You have reached a maximum limit of <strong>{limit}</strong> columns in the table. Remove at least <strong>1</strong> column to add or create another one.

Dane McQueen

Author Tools

Chat about Author

Papers

RE-mapping the UAE’s energy transition: An economy-wide assessment of renewable energy options and their policy implications