Open AccessRenewable Energy Resources Potentials in G8 and BRICS
Author(s) -
Cai Li-ya,
Luo Ji,
Shuo Li,
Jingtao Li,
Liting Liu,
Minghui Wang
Publication year - 2021
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/835/1/012013
Subject(s) - renewable energy , natural resource economics , hydropower , environmental impact of the energy industry , feed in tariff , energy subsidies , energy development , china , business , renewable energy credit , energy engineering , energy policy , fossil fuel , wind power , sustainable development , environmental protection , economics , environmental science , geography , engineering , ecology , waste management , archaeology , biology , electrical engineering
Renewable energy is emphasized globally due to its potential to contribute to economy and energy sustainable development, as well as mitigate the climate change. Developed and developing countries have set their sights on renewable energy as increasing exhaustion of the fossil energy and deterioration of environmental problem. This article focuses on concise summary and statistic of renewable energy resources potentials, including solar energy, wind energy, bioenergy, geothermal energy, and hydropower. Meanwhile, it provides the renewable energy development status of G8(US, UK, France, Germany, Italy, Canada, Japan, Russia) and BRICS (Brazil, Russia, India, China, and South Africa) countries. The result indicates that renewable energy resources are abundant, especially in China, the US and Russia. Each country has its own resources advantage. China has abundant renewable energy resources but still needs to accelerate renewable energy technology innovation. At last, suggestions are proposed for policy makers on renewable energy penetration.