Renewable Energy Sources in the Context of the Changing International Business Environment
Renewable Energy Sources in the Context of the Changing International Business Environment

Author(s): Ivan Dimitrov
Subject(s): Economy, Supranational / Global Economy, Energy and Environmental Studies
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: international business environment; renewable energy; renewable energy sources (RES); technological innovations
Summary/Abstract: At the end of the second decade of the twenty-first century the world is changing rapidly. The rate of new technological innovations is unprecedented. Some changes are happening in the energy sector with strong interests from the stakeholders in the renewable energy and its role as a „cleaner― substitute of the conventional fossil fuels. This report is focused on a short term analysis of the development and the usage of renewable energy sources in light of the current changes in the business environment across the Globe. This is accomplished through analysis and synthesis of empirical information, content analysis of various publications on economical, political, environmental and ecological topics. The results show that the current phase of the business cycle is at its end and the next phase is forthcoming, which will have an immediate effect on the investments in renewable energy sources and their impact on the society.

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