Green Transition in the Energy Sector: Opportunities versus Threats

The circular economy or green economy has introduced green transformation for every sector and organization in the last decade. Energy is a factor of primary importance for economic growth and development. However, energy consumption and non-renewable energy sources have largely negative effects in the fight against climate change and global warming. In other words, the economic growth approach based on non-renewable energy sources does not bring a sustainable future. At this point, the green transformation in the energy sector has enabled both developed and developing countries to follow new and sustainable strategies. At the forefront of new and sustainable strategies are energy production based on clean and renewable energy sources and responsible energy consumption practices. This study is a mini review and it aims to explore future opportunities and threats by examining the advantages and disadvantages of new applications that emerged with the green transformation in the energy sector. It is thought to give a brief profile for green transition in the energy sector. The study focused on the side of energy sources and energy production in the context of energy sector.

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Publication Details

Journal
Proceeding of the World Conference on Management Business and Finance
Published
2024-09-01
DOI
https://doi.org/10.33422/worldmbf.v2i1.543
Primary Topic
Global Energy and Sustainability Research
Type
article
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article

Green Transition in the Energy Sector: Opportunities versus Threats

İbrahim Güran Yumuşak, Durmuş Çağrı Yıldırım, Seda Yıldırım
Proceeding of the World Conference on Management Business and Finance
Global Energy and Sustainability Research
article

Green Transition in the Energy Sector: Opportunities versus Threats

İbrahim Güran Yumuşak, Durmuş Çağrı Yıldırım, Seda Yıldırım
article en

Abstract

The circular economy or green economy has introduced green transformation for every sector and organization in the last decade. Energy is a factor of primary importance for economic growth and development. However, energy consumption and non-renewable energy sources have largely negative effects in the fight against climate change and global warming. In other words, the economic growth approach based on non-renewable energy sources does not bring a sustainable future. At this point, the green transformation in the energy sector has enabled both developed and developing countries to follow new and sustainable strategies. At the forefront of new and sustainable strategies are energy production based on clean and renewable energy sources and responsible energy consumption practices. This study is a mini review and it aims to explore future opportunities and threats by examining the advantages and disadvantages of new applications that emerged with the green transformation in the energy sector. It is thought to give a brief profile for green transition in the energy sector. The study focused on the side of energy sources and energy production in the context of energy sector.

Proceeding of the World Conference on Management Business and FinanceVol. 2(1)
İstanbul Sabahattin Zaim Üniversitesi (TR), Tekirdağ Namık Kemal University (TR)
Openalex Percentile: Top 92%
Global Energy and Sustainability Research
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Green Transition in the Energy Sector: Opportunities versus Threats — İbrahim Güran Yumuşak, Durmuş Çağrı Yıldırım, et al. · Proceeding of the World Conference on Management Business and Finance (2024) | TGRS Research Map | TGRS