Accelerating Clean Energy Innovation and Ensuring a Just Transition into Clean Energy

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@article{1705935,
      author = {Pius Obukohwo Obarorakpo},
      title = {Accelerating Clean Energy Innovation and Ensuring a Just Transition into Clean Energy},
      journal = {Iconic Research And Engineering Journals},
      year = {2024},
      volume = {7},
      number = {12},
      pages = {200-207},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1705935.pdf},
      abstract = {To address factors that?ll, accelerate the innovation of renewable energy, reduce climate change, and promote sustainable development. The need to introduce clean energy innovation and ensure a just transition is of paramount importance. This article addresses the financial, technical, policy, and socio-economic barriers that impede the widespread adoption of clean energy technologies. Challenges such as high initial costs, limited access to affordable financing, and inconsistent policy frameworks particularly affect developing regions. The deployment of advanced energy storage and smart grid technologies is crucial to overcoming technical barriers associated with renewable energy sources. Socio-economic disparities and insufficient public awareness further complicate the transition, highlighting the need for comprehensive policies that support worker reskilling and equitable benefit distribution. It is advisable for further research to prioritize the development of efficient, scalable energy storage solutions and the evaluation of effective policy schemes to accelerate clean energy adoption. It is also observed that reducing methane emissions can significantly enhance the transition by lowering greenhouse gas concentrations. A coordinated effort among governments, industry, and civil society is important for achieving a sustainable and inclusive energy future. Data from the IEA and other sources emphasize the necessity of robust financial incentives and policy stability to drive this transformation.},
      month = {June},
  }