World energy market in the conditions of low oil prices, the role of renewable energy sources

Результат исследования: Научные публикации в периодических изданияхстатья по материалам конференции

6 Цитирования (Scopus)

Аннотация

With help of panel data, the paper establishes the relationship between the development of renewable energy and (1) the prices of fossil energy, (2) hydrocarbons production to consumption ratio, (3) corruption index and (4) country technological development factor. All observed factors have shown significant influence on renewable energy consumption. Was received 1% change of price for hydrocarbons causes 1.05% change of RES consumption. In the context of cheap fossil energy resources, fundamental technological restructuring of renewable energy will be required to improve its competitiveness.

Язык оригиналаанглийский
Страницы (с-по)112-117
Число страниц6
ЖурналEnergy Procedia
Том153
DOI
СостояниеОпубликовано - 1 янв 2018
Событие5th International Conference on Energy and Environment Research, ICEER 2018 - Prague, Чехия
Продолжительность: 23 июл 201827 июл 2018

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