A PROPOSED FRAMEWORK FOR STUDYING OF THE ECONOMIC IMPACT OF THE APPLICATION OF RENEWABLE ENERGY IN SMALL ENTERPRISE FOR ACHIEVING SUSTAINABLE DEVELOPMENT

Document Type : Review Article

Authors

1 Faculty of Commerce, Ain Shams University

2 The Institute of Environmental Studies & Research, Ain Shams University

3 Facility of Industrial Education, Suez, University

Abstract

Small enterprises have the attention of economic and social policy planners in various countries of the developed and developing world alike, because they have an important role in achieving economic and social development.  The energy sector plays an important role in achieving development. Energy is a key factor in supporting the production process and achieving economic development, which provides job opportunities and helps improve the standard of living in general.
The study aimed at developing a proposed framework for studying the economic impact of the application of renewable energy in small projects to achieve sustainable development, showing the economic, social, environmental and technological benefits resulting from the application of renewable energy in small projects. An applied case study of a solar-powered plant and a comparison with a diesel generator system has been used. The study reached several results, the most important of which are: (The prominent role of small projects in the economies of developing countries, especially in achieving sustainable development through contributing to the achievement of economic, social and environmental goals.) Reliance on renewable sources of energy is a promising alternative to traditional energy. To conventional energy sources and reduce pollution resulting from conventional energy use).  The study recommends the need to pay attention to small projects because they have an effective role in economic, social and environmental, as well as interest in renewable energy sources as a means to support energy security in Egypt, especially with the entry of traditional sources and the increase in the value of support allocations allocated to these sources.
 
 

Main Subjects