Impact of Innovation on Renewable Energy Production in Brezil: Use, Competition and Sustainability of Biofuel Energy
Author
Ezgi Kopuk
Abstract
In addition to being a need of social life, energy is seen as the most basic source of production, consumption and welfare of economic sustainability. In this regard, countries may engage in fierce competition and even war in order to possess, ensure accessibility and obtain energy, which has become a vital element. This political and economic competition, which has been going on for many years for access to fossil fuels, has changed direction as a result of the production of renewable energy resources obtained through innovation-based production, in terms of global climate change, environmental disinformation and consumability. With this new situation, geopolitical position has begun to lose its importance and the importance of countries with innovation power has increased. Within the scope of this opportunity provided by innovation, the production and consumption of environmentally friendly and recyclable renewable energy resources have led to a change in global energy demand and therefore economic policies.One of the renewable energy sources that emerged as a result of the change in energy demand is biofuel energy. Biofuels, in which CO2 emissions are minimized through biomass production, are a type of fuel obtained by converting organic substances into fuel (I??k and Yavuz, 2022; 194). In other words, it is a fuel produced by the use of agricultural products. Biofuel energy, which has a global value within energy agriculture, is increasing its importance day by day as it provides environmental and cost advantages. Within the scope of this importance, the study aimed to determine the impact of innovation activities on the production of biofuel, which is a renewable energy source. This determination will be made specifically for Brazil, which was unrivaled in the world until 2005 and the second highest producer after 2005 (BP, Access Date: 04.03.2024). Brazil is a country that directs world biofuel production in terms of production, development and competition of biofuel energy and is an exemplary country in this regard. Another purpose of the study in line with this value of the country is to present a detailed research on the development of biofuel production, initiatives implemented in Brazil, policies, commercial competition, consumption and future.With this study, it is aimed to increase awareness of biofuels, to develop competitive awareness in biofuel production of agricultural countries, to make inferences about energy policies and to adopt a sustainable production approach for renewable energy resources. At the same time, by determining the innovation resources required in biofuel production, it will be possible to determine the source of innovation gap in other countries. On the other hand, this study will be able to provide an economic and political guide to the process for countries that will compete in biofuel production in line with the objectives discussed.
Keywords
Biofuel, Innovation, Renewable Energy, Competitiveness, Energy Policies
KOPUK, Ezgi. Impact of Innovation on Renewable Energy Production in Brezil: Use, Competition and Sustainability of Biofuel Energy.
In: 9th Latin American Energy Economics Meeting (ELAEE) -
PUC-Rio, 2024. Available in: <https://doity.com.br/anais/9elaee/trabalho/351030>.
Available in: 19/12/2024 at 04:58
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Energy Security and Geopolitics
Electricity markets
Energy and finance
Energy demand
Country studies
Energy and society
Energy Policy and Regulation
Climate Change: mitigation and adaptation
Disruptive innovation and energy transition
Energy and macroeconomics
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Social Dimensions of Energy Transition
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Technology, Innovation and Policies
Low Carbon Hydrogen
Bioenergy and Biofuels
Energy and Development
New Supply Chains
Future of Utilities
Energy Efficiency
Energy Modeling
Energy and Macroeconomics
Energy Subsidies
Transportation and (e-) mobility
Nuclear Energy in Latam
Oil and Gas Markets and Investments
Energy Security and Geopolitics
Electricity markets
Energy and finance
Energy demand
Country studies
Energy and society
Energy Policy and Regulation
Climate Change: mitigation and adaptation
Disruptive innovation and energy transition
Energy and macroeconomics
Local governments
System integration
Energy and transport
Regional energy integration
LNG Markets in Latam
Social Dimensions of Energy Transition
Variable Renewable Energies
Distributed Energy Resources
System Integration, Energy Networks and Resilience