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Published in:
“Energy, Renewables Alone?” Read chapter Read first chapter

2020 | OriginalPaper | Chapter

Energy Security and Efficiency Analysis of Renewable Technologies

Authors : Fazıl Gökgöz, Mustafa Taylan Güvercin

Published in: Sustaining Resources for Tomorrow

Publisher: Springer International Publishing

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Abstract

Global conflicts in securing the energy resources and the climate change have propelled the investment in renewable energy (RE) research and deployment in the last two decades. This chapter statistically confirms the relationship between renewable research and energy security and benchmarks the efficiency of the R&D efforts in different RE technologies. Our findings reveal that the inexpensive and abundant natural gas in energy markets restrained the research on energy technologies particularly after 2010. This bears a risk for the diminished capacity of the countries in energy security, especially in bull energy markets. The results of the super-efficiency model of data envelopment analysis (DEA) reveal that the wind and biofuel technologies are the efficiency leaders in R&D, where each dollar spent on their research has a bigger impact on energy security than other RE types. The countries should continue investing on renewable research and develop collective innovation and commercialization strategies, especially in solar, geothermal, and ocean technologies in order to achieve sustainable energy efficiency levels for providing the energy security.

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Appendix
Available only for authorised users
Footnotes
1
Energy mix is the mixture of the main energy sources which are utilized to generate electricity (e.g., renewables, fossil fuels, or nuclear).
 
2
To make it easier to analyze and understand, the total analysis timeline is divided into six periods.
 
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Metadata
Title
Energy Security and Efficiency Analysis of Renewable Technologies
Authors
Fazıl Gökgöz
Mustafa Taylan Güvercin
Copyright Year
2020
Book
Sustaining Resources for Tomorrow

Print ISBN: 978-3-030-27675-1

Electronic ISBN: 978-3-030-27676-8

Copyright Year: 2020

DOI
https://doi.org/10.1007/978-3-030-27676-8_9