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Renewable Energies: Challenges and Benefits

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  • Antonio Pflüger

Abstract

Energy efficiency and energy conservation are the cornerstones of win-win strategies for reducing emissions while fostering economic development. Renewable energies can technically contribute to practically all sectors of energy demand, that is, fuel for transportation, electricity, low temperature heat for space heating and hot water and, to a limited degree, to high temperature process heat. However, costs and variability are the two major security concerns regarding renewable energies. An improvement of energy security by using renewable energies is possible but it causes additional costs. However, a sufficiently widespread variety of energy sources implies the acceptance of a certain spread of costs in any case. This means that efforts to improve energy security do not come for free. More secure energy systems require higher costs and thus, higher energy prices.

Suggested Citation

  • Antonio Pflüger, 2010. "Renewable Energies: Challenges and Benefits," South Asian Survey, , vol. 17(2), pages 331-341, September.
    • Handle: RePEc:sae:soasur:v:17:y:2010:i:2:p:331-341
    DOI: 10.1177/097152311201700209
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    References listed on IDEAS

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    1. World Bank & International Finance Corporation & Multilateral Investment Guarantee Agency, 2008. "Development and Climate Change," World Bank Publications - Reports 28200, The World Bank Group.
    2. World Bank & International Finance Corporation & Multilateral Investment Guarantee Agency, 2008. "Development and Climate Change," World Bank Publications - Reports 28201, The World Bank Group.
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