Seyed Ahmad Aldaghi
The Relationship Between Crude Oil Prices and Renewable Energy.
Rel. Giovanni Andrea Blengini. Politecnico di Torino, Corso di laurea magistrale in Petroleum And Mining Engineering (Ingegneria Del Petrolio E Mineraria), 2022
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Abstract
Today's most used energy sources are Crude Oil, Gas, and Coal, which are the main reason for increasing CO2 and pollution in the atmosphere. In recent years, Climate change, Environment, Energy Security Issues, and the development of new technologies caused an enhanced focus on emissions and clean energy usage. These issues have been addressed through various international agreements, and different countries are putting some obligations on their industry to reduce the emission of greenhouse gasses. In order to decrease the dependency on fossil energies, investment and study on Renewable Energies have increased during the last years. Due to this continuous increase in using renewable energies, understanding their performance's effective parameters is very important.
We expect that the Price of Crude Oil as one of the primary sources of energy and competitor of Clean Energies in different industries like transportation fuels, electricity, etc., has a significant influence on various aspects of Renewable Energies
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