FEATURES OF RENEVABLE ENERGY SECTOR INVESTMENTS

Authors

  • Zivar ZEYNALOVA Department of State Regulation Economics, Academy of Public Administration under the President of the Republic of Azerbaijan Author

DOI:

https://doi.org/10.61413/JPOW9869

Keywords:

renewable sources, investment, policy, energy sector

Abstract

Renewable energy has a very important place in terms of meeting the energy needs of countries with domestic resources, reducing their dependence on foreign sources, ensuring sustainable energy use by diversifying resources, and minimizing the damage to the environment as a result of energy consumption. Today, part of the world's energy consumption from renewable sources is not at the desired level.
Global energy demand is expected to increase in 2022, more than offsetting the 4% contraction in 2020, according to the latest IEA forecasts. While many energy companies remain in a fragile financial situation, supportive monetary policy and government support is required for developers to plan infrastructure developments and investments in new projects.

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Published

23-02-2024

How to Cite

ZEYNALOVA, Z. (2024). FEATURES OF RENEVABLE ENERGY SECTOR INVESTMENTS. Energy Sustainability: Risks and Decision Making, 1(2). https://doi.org/10.61413/JPOW9869