GREEN ENERGY IMPACT FOR SUSTAINABLE DEVELOPMENT

Abstract

In this study we are suggesting some renewable energy sustainable growth approaches. In this regard, seven green energy approaches are taken into account to assess the impact ratios for the market, technology, and implementation. We derive a new parameter as the renewable energy effect ratio based on those ratios. In addition, depending on the green energy effect ratio and the green energy consumption ratio determined using real energy data from literature, the green energy sustainability ratio is obtained. Three cases are listed in order to check certain parameters. Consequently, the sectorial effect ratio may be considered more significant and should be kept as constant as possible in the implementation of a green energy policy. In addition, the sustainability ratio of green energy is rising with an increase in the ratios of technical, sectorial, and application effects. Therefore, policymakers and other authorities will promote investment in renewable energy supply and move towards green energy substitution of fossil fuels for a more environmentally friendly and sustainable future.