The monograph examines the trends in the development of renewable energy, the competition of wind and solar energy with other generations. The theoretical substantiation of a fundamentally new original author's model for calculating resource savings arising from the replacement of natural gas, coal and oil with wind and solar energy is presented. The model takes into account the economic cost of living, CO2 emissions and the preservation of one life, the social discount rate, the social carbon tax. It analyzes which factors and to what extent were unaccounted for in the normalized cost of generations. The relationship between the reduction of CO2 emissions and the replacement of fossil energy sources with wind and solar energy in the world and in the energy balances of ten countries has been determined. A critical analysis of the production of blue hydrogen compared to green hydrogen is presented.
The book is intended for teachers and scientists for research in the field of renewable energy, environmental protection, stock market; economists, power engineers, environmentalists, sociologists, bankers, insurers.