THE USE OF GREEN ENERGY IN INDUSTRIAL ENTERPRISES: BENEFITS, CHALLENGES, AND PERSPECTIVES

Authors

  • Sulhana Behbudzada Sabir Master's student at the Faculty of Economics and Management, Sumgayit State University, Azerbaijan, Sumgayit

Keywords:

Green energy, Industrial enterprises, Renewable energy, Carbon emissions, Energy independence, Economic efficiency, Solar energy, Wind energy, Biomass, Hydroelectric energy, Geothermal energy, Environmental sustainability, Technological development, Government support, Industrial sector

Abstract

The use of green energy in industrial enterprises plays a significant role in enhancing environmental protection and ensuring sustainable development. This paper discusses the benefits and applications of green energy for the industrial sector, as well as the challenges faced and future perspectives. The main sources of green energy include solar, wind, biomass, hydroelectric, and geothermal energy. The specific applications and advantages of each energy source are examined. The use of green energy positively impacts the reduction of carbon emissions, the increase of energy independence, and the improvement of economic efficiency. However, challenges such as high initial investment costs, technical difficulties, and geographical limitations remain. Ultimately, technological advancements, governmental support, and international cooperation are crucial for the widespread implementation of green energy in the industrial sector

Published

2024-12-23

How to Cite

Sulhana Behbudzada Sabir. (2024). THE USE OF GREEN ENERGY IN INDUSTRIAL ENTERPRISES: BENEFITS, CHALLENGES, AND PERSPECTIVES. Foundations and Trends in Research, (8). Retrieved from https://ojs.publisher.agency/index.php/FTR/article/view/4990

Issue

No. 8 (2024): Foundations and Trends in Research

Section

Economic Sciences

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.