Synergy Analysis of Knowledge Transfer for the Energy Sector within the Framework of Sustainable Development of the European Countries

Revisiting R&D intensity and CO2 emissions link in the USA using time varying granger causality test: 1870∼2020

R&D intensity, per capita GDP, and per capita CO2 emissions links in the USA over the period of 1870-2020 reflects the evolution of the economic development and technology for the environment benefit. Using Time varying Granger causality, the empirical results indicate both causal links between R&D intensity and per capita CO2 emissions and between per capita GDP and per capita CO2 emissions are time varying. In addition, R&D intensity significantly affects per capita CO2 emissions since 1975, and the per capita GDP significantly influences per capita CO2 emissions since 1978. That is, these findings not only in supportive of the EKC theory, but further disentangle the subtly linkages for the R&D intensity and CO2 emissions and the per capita GDP and CO2 emissions. Finally, the policy implication is that launch the new technical innovation and increase in R&D investment to maintain its sustainable economic growth are the best government strategy to reduce CO2 emissions in the USA.

Development and Future Scope of Renewable Energy and Energy Storage Systems

 This review study attempts to summarize available energy storage systems in order to accelerate the adoption of renewable energy. Inefficient energy storage systems have been shown to function as a deterrent to the implementation of sustainable development. It is therefore critical to conduct a thorough examination of existing and soon-to-be-developed energy storage technologies. Various scholarly publications in the fields of energy storage systems and renewable energy have been reviewed and summarized. Data and themes have been further highlighted with the use of appropriate figures and tables. Case studies and examples of major projects have also been researched to gain a better understanding of the energy storage technologies evaluated. An insightful analysis of present energy storage technologies and other possible innovations have been discovered with the use of suitable literature review and illustrations. This report also emphasizes the critical necessity for an efficient storage system if renewable energy is to be widely adopted.