Concentration of knowledge relating to green energy sources is major challenge in generation of renewable energy. Examine (200 Words)
Refer - Business Line
Enrich the answer from other sources, if the question demands.
IAS Parliament 3 years
KEY POINTS
· As the earth warms up to increasingly unliveable temperatures, it is clear that fossil fuel energy sources will have to be abandoned as fast as possible, even though most governments today are extraordinarily slow to move decisively on this.
· It may seem surprising that the shares of solar and wind power in total renewable energy still remain so small, given the hype around them, the possibility of so many countries being able to benefit from the sun and wind, and the fact that these sources of power are now competitive in price terms with fossil fuels.
· This was so effective, and done at such a scale, that it was instrumental in driving down costs to the point that solar and wind energy sources became cost competitive with older fossil fuel energy sources at the global level.
· This confirms the analysis in a study from WIPO which found that for the world as a whole, energy innovation-related patenting expanded exponentially up until 2013, but was then followed by a period of deceleration, even a slow decline.
· Most of the patents therefore involve only incremental improvements, and many of these can effectively be designed around. As a result, no single patent can block an entire technology or prevent some other producer from entering the market.
· These will also increasingly command both economic and strategic attention as the urgency of ensuring the shift away from fossil fuels becomes evident to more governments.
Chintan Patel 3 years
Please review
Rekha 3 years
Kindly review sir/ mam
IAS Parliament 3 years
Way forward and measures taken are good. Try to explain more on how patenting affects renewable energy generation. Keep writing.
