A Move From Non-Renewable To Renewable Energy: A Global Perspective
- IJLLR Journal
- 5 days ago
- 2 min read
Ayush Bansal, KIIT School of Law, Bhubaneswar
ABSTRACT
As rightly quoted Angie Weiland Crosby, “Nature is the purest portal to inner-peace.” The term “energy transition” denotes the global energy sector's transition from fossil-based energy production and consumption, encompassing oil, natural gas, and coal, to renewable energy sources such as wind and solar power, along with advancements in energy storage like lithium-ion batteries. Energy plays a vital role in the economic and social advancement of regions and nations. However, the widespread use of fossil fuels has led to significant air pollution and climate change, posing a threat to sustainability. Concerns over greenhouse gas emissions and the depletion of natural resources, such as oil crises and fuelwood scarcity, have sparked global apprehension. To achieve sustainable development, it is imperative to enhance energy efficiency and reduce dependency on fossil fuels, thus decoupling economic growth from energy consumption. The energy sector is intricately intertwined with the economy, comprising both energy supply and demand components that interact with each other in complex ways. Conversely, economic factors, such as capital costs and energy prices, significantly impact the implementation of technologies and the enhancement of the energy system. Moreover, the balance between energy demand and supply involves the transformation of primary energy sources into useful energy services. The transition from non-renewable to renewable energy sources represents a critical global imperative in the face of climate change and environmental degradation. This article explores the multifaceted aspects of this transition, examining its environmental, economic, and social dimensions on a global scale. It delves into the challenges and opportunities associated with shifting away from fossil fuels towards sustainable alternatives, highlighting the importance of policy interventions, technological innovations, and collective action in achieving a greener energy future.
Keywords: Energy Transition, Renewable Energy, Non- Renewable Energy, Sustainable Development.