The current electricity demand has asserted the mandatory requirement of establishing renewable energy systems. This paper reviews the major contributions on practically establishing the hybrid renewable energy systems. The contributions are investigated for its practical relevance with the growing demand, exploration of various renewable energy resources and performance accomplishment. The per...

This article reviews issues related to the incorporation of non-renewable resources in the theory of economic growth and development. As an o¤shoot of the new growth theory of the last two decades a series of contributions have studied endogenous technical change in relation to resource scarcity. We discuss the main approaches within this literature and consider questions like: How is the new l...

This paper proposes a dynamic economic model with physical capital and renewable resources. Different from most of the neoclassical growth models with renewable resources which are based on microeconomic foundation and neglect physical capital accumulation, this study proposes a growth model with dynamics of renewable resources and physical capital accumulation. The model is a synthesis of the ...

To compare the general equilibrium effects of common environmental policies, I develop a model of directed technical change with endogenous exploration for depletable fossil resources, endogenous innovation in technologies for accessing renewable resources, and endogenous innovation in technologies for converting fossil and renewable resources into energy services. I find that a supply restrict...

The ability of renewable resources to provide all of society's energy needs is shown by using the United States as an example. Various renewable systems are presented, and the issues of energy payback, carbon dioxide abatement, and energy storage are addressed. Pathways for renewable hydrogen generation are shown, and the implementation of hydrogen technologies into the energy infrastructure is...

Hydrogen is readily obtained from renewable and non-renewable resources via water splitting by using thermal, electrical, photonic and biochemical energy. The major hydrogen production is generated from thermal energy through steam reforming/gasification of fossil fuel. As the commonly used non-renewable resources will be depleted in the long run, there is great demand to utilize renewable ener...