Covid-19 and Renewable Energy in BRICS Countries: An Opportunity or a Threat?

Abdal Ahmed; Chems Eddine Boukhedimi; Sumera Qureshi; Shama Nargis

doi:10.55529/jeimp24.10.24

Authors

Abdal Ahmed PhD Scholar, School of Management & Commerce Studies, Shri. Guru Ram Rai University, Dehradun, Uttarakhand-India
Chems Eddine Boukhedimi PhD Scholar, Department of commerce, University of TiziOuzou, Algeria
Sumera Qureshi PhD Scholar, Department of law, H.N.B.G(Central)University, B.G.R Campus Pauri, Uttarakhand-India.
Shama Nargis Deputy Director Law, Competition Commission of India, Delhi-India.,

Keywords:

BRICS Organization, Covid-19 Outbreak, Renewable Energy, Solar Energy, Present Scenario in India.

Abstract

The emergence of the COVID-19 pandemic, the renewable energy industry in South Africa and the rest of the region has been severely affected. This study aims to analyze the various steps taken by the governments of the five BRICS countries to address the issue.
The study analyzed the various factors that influence the development of the renewable energy sector in five emerging economies: China, Russia, India, Brazil, and South Africa. The emergence and spread of pandemics has affected the production and use of renewable energy in the country. Although the pandemic affected the renewable energy sector, it also contributed to the GDP growth of the country. This paper also called for the government to formulate long-term policies that will increase the use of sustainable energy.
The paper is also based on the analysis of the various data sources, such as online/offline research papers, conference proceedings, and text books. These data are used to identify the key competitive advantages of Renewal Energy.