ALTERNATİV VƏ BƏRPA OLUNAN ENERJİNİN İQTİSADİYYATA MAKRO VƏ MİKRO SƏVİYYƏDƏ TƏSİRİ

This article explores the economic impacts of alternative and renewable energy sources and their integration into the global energy market. Considering the significance of the energy sector for industrial and manufacturing processes, the article emphasizes the effects of changes in this field on the economic development of countries. Specifically, it analyzes the positive trends observed in various sectors of the economy as a result of the sustainable development and widespread adoption of renewable energy sources such as solar, wind, hydroelectric, geothermal, and biomass. The article highlights that the transition to renewable energy sources comes with certain challenges, primarily related to technological adaptation, infrastructure development, high initial investment costs, and the reliability of energy systems. However, in the long term perspective, these systems enhance the economic resilience of countries by reducing energy dependence, contributing to environmental protection, and creating new employment opportunities. The economic advantages of the renewable energy sector include reducing reliance on energy imports, ensuring price stability, lowering carbon emissions, and stimulating local economic activity. Investments made by both governments and the private sector in this field could accelerate the future growth of the energy sector