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On Energy Status indicators and the role of renewableEnergy under Economic Crisis

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  • P. Bezrukikh
  • P. Bezrukikh (Jr.)

Abstract

The article analyzes the dynamics of consumption of primary energy and production of electrical energy in the world for 1973-2012 and the volume of renewable energy. It is shown that in the crisis year of 20 0 9 there was a significant reduction in primary energy consumption and production of electrical energy. At the same time, renewable energy has developed rapidly, well above the rate of the world economy growth. The development of renewable energy is one of the most effective ways out of the crisis, taking into account its production regime, energy, environmental, social and economic efficiency. The forecast for the development of renewable energy for the period up to 2020, compiled by the IEA, is analyzed. It is shown that its assessment rates are conservative; the authors justify higher rates of development of renewable energy.

Suggested Citation

  • P. Bezrukikh & P. Bezrukikh (Jr.), 2014. "On Energy Status indicators and the role of renewableEnergy under Economic Crisis," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 8.
    • Handle: RePEc:nos:voprec:y:2014:id:690
    DOI: 10.32609/0042-8736-2014-8-92-105
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