Innovation in the Renewable Energy Sector

Term Paper , 2011 , 9 Pages , Grade: 1,7

Economics - Innovation economics

This paper aims to analyze the innovations in the renewable energy sector. First of all, it provides some background information about the recent environmental issues. Secondly, it analyzes different governmental decisions in the innovation sector with the goal to fight global warming. The main aim of this paper focuses on the innovation development within the renewable energy industry. It also further researches product and process innovation, the governmental financing decisions on renewable energy projects and the resulting benefits.

Inhaltsverzeichnis

• Summary
• Global Fossil Carbon Emissions
• What is considered as renewable energies:
• RENEWABLES IN GLOBAL ENERGY SUPPLY: An IEA Fact Sheet
• The members of the European Union got importance in the supply of renewable energies
• At the end of 2006, Sigmar Gabriel, Germany's Minister of the Environment made a very important speech about how to promote innovations and what the environmental benefits are.
• We can observe some empirical evidence that environmental policies are related to innovation as reflected in patent activity.
• Renewable Energy Policies and Technological Innovation: Evidence Based on Patent Counts
• Conclusion
• Literaturverzeichnis

Zielsetzung und Themenschwerpunkte

This paper aims to analyze the innovations in the renewable energy sector. It provides background information about recent environmental issues and analyzes governmental decisions in the innovation sector with the goal to fight global warming. The main focus is on the innovation development within the renewable energy industry, including product and process innovation, governmental financing decisions on renewable energy projects, and the resulting benefits.

• Environmental issues and climate change
• Governmental policies and regulations for renewable energy
• Innovation development in the renewable energy industry
• Economic and environmental benefits of renewable energy
• The role of international cooperation and competition in promoting renewable energy innovation

Zusammenfassung der Kapitel

The paper begins by outlining the pressing environmental issues caused by climate change, including rising sea levels, melting glaciers, and extreme weather events. It emphasizes the urgent need for action to mitigate these effects and highlights the role of renewable energy in achieving this goal. The paper then delves into the global context of renewable energy development, focusing on the increasing importance of emerging economies like China and India in driving innovation and investment in this sector. It explores the various types of renewable energy sources, including wind, solar, geothermal, ocean, biomass, and waste material energy power, and discusses their contribution to achieving environmental objectives. The paper also examines the economic benefits of renewable energy, such as reduced dependence on fossil fuels, increased energy security, and job creation. It analyzes the role of government policies in promoting renewable energy innovation, including subsidies, tax breaks, and tradable energy certificates. The paper concludes by discussing the empirical evidence linking environmental policies to innovation, as reflected in patent activity, and highlighting the importance of international cooperation and competition in driving renewable energy innovation.

Schlüsselwörter

The keywords and focus themes of the text include renewable energy, innovation, climate change, environmental policies, governmental regulations, economic benefits, international cooperation, and patent activity. The paper explores the relationship between these factors and their impact on the development and implementation of renewable energy technologies.

• Course: Managing for innovation
• Grade: 1,7
• Publication Year: 2011
• Pages: 9
• Catalog Number: V287776
• ISBN (eBook): 9783656880370
• ISBN (Book): 9783656880387
• Language: English
• Tags: innovation