 Mongol dream beyond fossil fuels: Prosperity of greenificationZolboo Gansukh Renewable Energy, 2021, vol. 171, issue C, 95-102 Abstract: The current world situation under the coronavirus epidemic puts pressure on the commodity-based economy and signals the need to seek other options for diversifying export products while strengthening regional cooperation. Over the last four months of the epidemic period, Mongolia has temporarily suspended commodity transport to China which takes over 60% of total exports. Moreover, the fossil fuel market is in a critical situation, not only because of the current epidemic but also because the modern world has been gradually moving towards greener development. Today, we face two additional problems: strengthening the economic stability of the country and mitigating greenhouse gas emissions. This article analyses how renewable energy export could stabilize and support the country’s macroeconomic situation. The article proposes using green energy to diversify export options as soon as possible. This research work focused on the Northeast Asian Super Grid Initiative and Gobitec project by reviewing renewable energy impacts in environmental, economic, and social circumstances. Keywords: Supergrid; Energy export; Mongolia; Renewable energy; Green development; Energy security (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:171:y:2021:i:c:p:95-102 DOI: 10.1016/j.renene.2021.02.079 Access Statistics for this article Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides More articles in Renewable Energy from Elsevier |
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