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Strategic Suggestions to Make Renewable Energy Economically More Efficient

Received: 25 April 2018     Accepted: 22 May 2018     Published: 25 June 2018
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Abstract

The term Energiewende (German for energy transition) is a call for the complete abandonment of conventional energies to stop the established climate change. This behavior is interminable and could be achieved only in successive steps. According to this, deployments of renewable energy technologies are considered as a critical approach to sustainable development. Obviously, the renewable energy use can lower a nation's dependency on imported fuels and purchase of energy from foreign markets. It also drives technological innovation and generates employment scheme while enhancing clean development mechanism. This paper presents existing renewable energy use by the example of the country of Morocco and makes use of simple economic approaches to show how technological development leads to improve the economic growth. Subsequently, possibilities are shown to make the use of renewable energies more efficient. The structure of the study is based on suggestions on how to implement innovative processes using renewable energy (solar and wind energy) to use the local resources to develop the economics of the country. The main characteristic of this paper is that it summarizes approaches for renewable energy use tailored for a case of Morocco and that this was not done in literature so far. The recent literature conducted similar case studies for other countries like, e.g., Germany [13], China [27], or for whole economic areas like the European Union, USA [30] or like the MENA-Region [29], and Africa [41], but for Morocco there is a gap in literature. Finally, some key interventions are proposed to achieve economic growth.

Published in International Journal of Economic Behavior and Organization (Volume 6, Issue 2)
DOI 10.11648/j.ijebo.20180602.11
Page(s) 29-37
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2018. Published by Science Publishing Group

Keywords

Energy Efficiency, Renewable Energy, Alternative Use of Renewable Energy

References
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  • APA Style

    Jamal Adghough. (2018). Strategic Suggestions to Make Renewable Energy Economically More Efficient. International Journal of Economic Behavior and Organization, 6(2), 29-37. https://doi.org/10.11648/j.ijebo.20180602.11

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    ACS Style

    Jamal Adghough. Strategic Suggestions to Make Renewable Energy Economically More Efficient. Int. J. Econ. Behav. Organ. 2018, 6(2), 29-37. doi: 10.11648/j.ijebo.20180602.11

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    AMA Style

    Jamal Adghough. Strategic Suggestions to Make Renewable Energy Economically More Efficient. Int J Econ Behav Organ. 2018;6(2):29-37. doi: 10.11648/j.ijebo.20180602.11

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  • @article{10.11648/j.ijebo.20180602.11,
      author = {Jamal Adghough},
      title = {Strategic Suggestions to Make Renewable Energy Economically More Efficient},
      journal = {International Journal of Economic Behavior and Organization},
      volume = {6},
      number = {2},
      pages = {29-37},
      doi = {10.11648/j.ijebo.20180602.11},
      url = {https://doi.org/10.11648/j.ijebo.20180602.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijebo.20180602.11},
      abstract = {The term Energiewende (German for energy transition) is a call for the complete abandonment of conventional energies to stop the established climate change. This behavior is interminable and could be achieved only in successive steps. According to this, deployments of renewable energy technologies are considered as a critical approach to sustainable development. Obviously, the renewable energy use can lower a nation's dependency on imported fuels and purchase of energy from foreign markets. It also drives technological innovation and generates employment scheme while enhancing clean development mechanism. This paper presents existing renewable energy use by the example of the country of Morocco and makes use of simple economic approaches to show how technological development leads to improve the economic growth. Subsequently, possibilities are shown to make the use of renewable energies more efficient. The structure of the study is based on suggestions on how to implement innovative processes using renewable energy (solar and wind energy) to use the local resources to develop the economics of the country. The main characteristic of this paper is that it summarizes approaches for renewable energy use tailored for a case of Morocco and that this was not done in literature so far. The recent literature conducted similar case studies for other countries like, e.g., Germany [13], China [27], or for whole economic areas like the European Union, USA [30] or like the MENA-Region [29], and Africa [41], but for Morocco there is a gap in literature. Finally, some key interventions are proposed to achieve economic growth.},
     year = {2018}
    }
    

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    N1  - https://doi.org/10.11648/j.ijebo.20180602.11
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    JO  - International Journal of Economic Behavior and Organization
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    AB  - The term Energiewende (German for energy transition) is a call for the complete abandonment of conventional energies to stop the established climate change. This behavior is interminable and could be achieved only in successive steps. According to this, deployments of renewable energy technologies are considered as a critical approach to sustainable development. Obviously, the renewable energy use can lower a nation's dependency on imported fuels and purchase of energy from foreign markets. It also drives technological innovation and generates employment scheme while enhancing clean development mechanism. This paper presents existing renewable energy use by the example of the country of Morocco and makes use of simple economic approaches to show how technological development leads to improve the economic growth. Subsequently, possibilities are shown to make the use of renewable energies more efficient. The structure of the study is based on suggestions on how to implement innovative processes using renewable energy (solar and wind energy) to use the local resources to develop the economics of the country. The main characteristic of this paper is that it summarizes approaches for renewable energy use tailored for a case of Morocco and that this was not done in literature so far. The recent literature conducted similar case studies for other countries like, e.g., Germany [13], China [27], or for whole economic areas like the European Union, USA [30] or like the MENA-Region [29], and Africa [41], but for Morocco there is a gap in literature. Finally, some key interventions are proposed to achieve economic growth.
    VL  - 6
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Author Information
  • Department of Economics & Management, Slovak University of Agriculture, Nitra, Slovakia

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