An efficient use of energy is the pre-condition for economic development. But excessive use of fossil fuel harms the environment. As renewable energy emits no or low greenhouse gases, more countries are trying to increase the use of energies from renewable sources. At the same time, no matter developed or developing, nations have to maintain economic growth. By collecting SCI/SSCI indexed peer-reviewed journal articles, this article systematically reviews the consumption nexus of renewable energy and economic growth. A total of 46 articles have been reviewed following the PRISMA guidelines from 2010 to 2021. Our review research shows that renewable energy does not hinder economic growth for both developing and developed countries, whereas, there is little significance of consuming renewable energy (threshold level) on economic growth for developed countries.
The article explores the impact of the quality and volume of energy consumption of the population on the human development index using a sample of a number of countries as an example. The hypothesis concerning the relationship between the amount of energy consumed, the human development index (HDI), and the environment (CO2 emissions into the atmosphere) has been verified. The study results show that the size and rating of the HDI are influenced by such factors as urbanization growth, gross domestic product (GDP), gross national income (GNI) per capita, the share of “clean” energy consumption by the population and business in total energy consumption, the level of socio-economic development, and R&D expenses. In the course of building the model, the recommendations by the United Nations (UN) and the Organization for Economic Co-operation and Development (OECD) were used. The results show that the volume of energy consumption not only affects the human development index in a particular country, but is also an important factor in determining the level of sustainable development. The results, obtained in the course of the study and described in the article, may be applicable in the practice of research related to the assessment of human development and sustainable development.
Energy is the fundamental requirement of all physical, chemical, and biological processes which are utilized for better living standards. The toll that the process of development takes on the environment and economic activity is evident from the arising concerns about sustaining the industrialization that has happened in the last centuries. The increase in carbon footprint and the large-scale pollution caused by industrialization has led researchers to think of new ways to sustain the developmental activities, whilst simultaneously minimizing the harming effects on the enviroment. Therefore, decarbonization strategies have become an important factor in industrial expansion, along with the invention of new catalytic methods for carrying out non-thermal reactions, energy storage methods and environmental remediation through the removal or breakdown of harmful chemicals released during manufacturing processes. The present article discusses the structural features and photocatalytic applications of a variety of metal oxide-based materials. Moreover, the practical applicability of these materials is also discussed, as well as the transition of production to an industrial scale. Consequently, this study deals with a concise framework to link metal oxide application options within energy, environmental and economic sustainability, exploring the footprint analysis as well.
From early 2019, South Africa and Russia have planned to increase their energy trade. Russia can become one of the world’s five largest energy exporters. This study examines of the cost of a kilowatt of electricity generated by coal power projects in South Africa and compares nuclear electricity with other types of green energy. This method must help to improve the management decision-making process in South Africa for energy exporta. Reasons for this persistence include the marketing strategies of Russian companies for seeking new markets in industrialised and postindustrial countries where, due to intensive competition, sales of Russian high-tech products are often unsuccessful. Renewable energy gives a chance to potentially reduce poverty in South Africa. The study concludes that imported crude oil is more suited to the needs of the refining industry of South Africa. The consumption for this type of energy in areas not concerning industry is insignificant and its increase is unlikely to be observed in the future. Highlights• Nuclear energy is popular energy source in South Africa now.• Provision of sustainable energy services helps to find the sources for economic growth. • Renewable energy technologies have opportunity for reduce nuclear production in South Africa.• Bio-energy can become the main source of energy in South Africa.