Increasing Growth of Renewable Energy: Comparison
Please note this is a comparison between Version 1 by Rekha Guchhait and Version 2 by Sirius Huang.

The growth of renewable energy actively takes part in decarbonizing the fossil-fuel-based energy system. It reduces carbon emissions, carbon footprint, and greenhouse gas emissions and increases clean energy. The usage of renewable resources reduces and solves several problems, such as increasing temperature, carbon footprint, greenhouse gas emissions, and energy waste. Every sector contributes to increasing the above-mentioned factors in the environment. One of the main reasons for this biodegradation and climate change is energy resources. Using renewable energy instead of fossil fuel can solve the problem. This tpapextr aims to find open research problems about the application of renewable energy and to initiate new innovative ideas regarding renewable energy. A detailed state of the art includes trends for renewable energy resources, their theoretical evolution, and practical implementations. Methodologies used for decision analysis in renewable energy are discussed in detail. The time frame for this analysis of renewable energy is 2010 to >2022. An extensive literature review finds a huge research scope in applying renewable energy in other research, such as logistics, smart production management, and advanced inventory management. Then, major changes in the profit/cost of that system due to renewable energy can be analyzed. This textresearch proposes some innovative new ideas related cost formulas for renewable energy for the corresponding open problems.

  • renewable energy
  • renewable energy resources
  • energy demand
  • environmental protection
  • supply chain management

1. Introduction

Energy demand is increasing every year along with corresponding economic growth. Or, it can be said that increasing economic growth increases the energy demand worldwide. The economic growth and energy market demand are well-connected. The cumulative annual growth is predicted to be 0.8% by 2030 and by 0.1% by 2050 [1]. The predicted decreasing demand pattern of the traditional energy is because of the increasing use of renewable energy (RE). The traditional energy is because of fossil fuel. The main difference between fossils fuel energy and RE is the conversion of energy from one form to another due to burning. For example, the conversion is from chemical energy to electric energy for coal power plants, whereas heat engine converts chemical energy to mechanical energy. This conversion of energy losses a mass balance, which will be saved for RE [2]. Of course, the capturing and the storing RE requires several technological supports, and the technological development supports these [3] energy conversions. The increasing demand for alternative energy resources increases the research quotient in the field of RE.

2. Renewable Energy Resources and Their Usage

Many research articles study RE resources, their benefit, methodologies, and applicability. The following renewable energy resources are discussed as
  • Solar energy
  • Wind energy
  • Bioenergy
  • Hydraulic energy
  • Waste to energy and Hydrogen energy
  • Solar energy
  • Wind energy
  • Bioenergy
  • Hydraulic energy
  • Waste to energy and Hydrogen energy
Figure 15 shows that hydrogen energy is the most referred area of RE, followed by waste to energy, solar energy, wind energy, hydraulic energy, and bioenergy. Data have been accessed through ScienceDirect [4][16]. Table 1 provides contributions of different researches on RE.
Figure 15. Number of published papers in the field of solar, wind, bio, hydraulic, waste, and hydrogen energy in 2022; accessed on 12 December 2022, 1.30 p.m. KST.
Statistics show that electricity demand increases by 3% during the first half of 2022 compare to 2021. The invasion of Russia in Ukraine in February 2022 had a big impact on electricity growth worldwide. In the meantime, RE increases [5][35] by 416 terawatt hours, which is more than the increased energy demand. Report [6][36] says that 70% of this increased energy demand will be fulfilled by RE, led by solar and wind, followed by hydropower. A senior electricity analyst Wiatros-Motyka [7][37] says [6][36] in a report that “The growth in wind and solar in the first half of 2022 prevented a 4% increase in fossil generation. This avoided $40 billion in fuel costs and 230 Mt CO2 in emissions”. A report from World Economic Forum [5][35] in October 2022 says, “New wind and solar met 92 percent of electricity demand in China, 81 percent in the U.S., and 23 percent in India”. This statistic is based on data analysis from over 70 nations. The following sections discuss the above RE resources. Each discussion is designed with a few basics of the corresponding RE, their academic contributions, practical implementations, and limitations.
Table 1.
Contribution of different authors.
ScholarVision Creations