GET THE APP

Journal of Fundamentals of Renewable Energy and Applications

Journal of Fundamentals of Renewable Energy and Applications
Open Access

ISSN: 2090-4541

+44 1300 500008

Abstract

Speculating the Significance of Oil Pricing Strategies towards Achieving a Sustainable Energy Transition to the Decentralised Generations

Zia Hoseini*

After emerging negative the consequences of oil price crises in the middle of 80s and afterwards in the transition towards more sustainable energy use in terms of the reduction of fossil fuels, the governments and political parties have set determined targets to be achieved. After critiquing the oil pricing strategies upon liberalism/neoliberalism and constructivism schools of thoughts, as the illustrative political frameworks which can be the stimulator of the transition, there will be discussed that energy companies can facilitate the technologies, particularly with solar energy in the bloom of implementing PV panels which can be an alternative to accelerate further expand on the grids and generating as much renewable energy as feasible. Although, transitioning towards a decentralised energy system can be a secure way to ensure reliable energy services and mitigate climate change, however, it has not been without challenges. The results and recommendations provided critical insights on how to promote innovative development and characteristics garner more success in a community's ability to a balanced transition to decentralised energy generation.

Published Date: 2020-10-14; Received Date: 2020-09-01

Top