Renewable Energy (Nov 1st)

Question 1

Financial barrier to Renewable Energy

Answer 1

• lower ROI
• more uncertainty
• expensive to implement

Question 2

GDP effects on RE:

Answer 2

• main influence in development
• supporting regulatory costs
• more investments in RE
• Positive link b/w GPD and RE

Question 3

GDP formula. and explanation

Answer 3

• measurement of the value added to an economy

- Gross value of output goods - value of intermediate consumption

Question 4

Relation b/w Oil Price and RE

Answer 4

Negative

Question 5

Effects of Oil Price on RE

Answer 5

• more investment towards fossil fuels
• negative link between oil price and RE
• positive link with higher oil price and RE consumption

Question 6

Drivers of RE deployment

Answer 6

Public incentives
○ Public policies
○ Economic factors

Question 7

Name some technological aids that could help RE advance

Answer 7

• end-user technologies
• storage techs
• demand-side energy technologies
• energy supply and mangment tech

Question 8

Examples of Technologies that could help advance RE

Answer 8

• end-use: like EVs
• storage: Pumped Storage
• demand-side: energy mngmnt in bldgs
• enrgy supply and mngmt: advncd distribution netwrk mngmnt and system control

Question 9

Does increased CO2 emissions result in a decrease in

renewable energy consumption per capita?

Answer 9

No

Question 10

an —– in CO2 emission per capita —– renewable energy consumption per capita

Answer 10

increase - increase

Question 11

an —– in renewable energy consumption per capita ——- carbon dioxide emissions per capita

Answer 11

increase - reduces

Question 12

non-technical social barriers that limit entry for RE

Answer 12

lack of information
consumer indifference
lack of immediate benefit

Question 13

Countries that will experience the greatest increase in CO2 emissions and energy demand

Answer 13

Developing Countries