Renewable Energy and Circular Economy: A Pathway to Sustainable Development
Sudhir Yadav
Assistant Professor, Department of EAFM, L.B.S. Govt. College, Kotputli, Rajasthan, India
Abstract
The critical need for sustainable development has prompted the exploration of renewable energy and the circular economy as potential answers to environmental issues, resource depletion, and climate change. Renewable power sources—solar, wind, hydro, and biomass—generate indefinite clean energy that, together with a reduction in fossil fuel consumption and the building up of energy security of countries. In this way, the combination of the reuse and recycling techniques with the restoration methods addressing the waste reduction and a high resource efficiency, as well as the product life extension in the circular economy system, helps to achieve the system's zero waste. It is able to promote both the pros of economic stability and technological advances through two basic approaches that simultaneously enhance the sustainability progress. With this goal in mind, this article investigates to assess how renewable energy systems can work with the circular economy and how sustainable energy systems are that facilitate recycling along with remanufacturing as well as waste-to-energy conversion. Implementing the circular economic models based on renewable energy is hindered by initial high capital costs, regulation restrictions, and technological barriers. Here, we are facing current challenges that need the policy reforms initiated along the lines of public cooperation as well as public-private cooperation and the improved storage methods along with smart grid protocols and sustainable manufacturing technologies. This promotes the concepts of renewable energy and circular economy principles, which in turn can lead to the attainment of world sustainability objectives by society through considering them as pathways to sustainable environmental benefits, economic prosperity, and social wellness.
Keywords: Renewable Energy, Circular Economy, Sustainable Development, SDGs, Resource Efficiency
