ABSTRACT

Until the 1970s renewable energy production systems were widely considered minor and declining sources for energy (Maugh 1972). Since then, oil price shocks, concerns about finite energy dependence, technological advances, varied and new renewable-related energy-products, green job creation and rural economic development have changed the policy and business environment for renewable energy in the economy (Sims et al. 2006; British Petroleum 2009; Pandey 2009).