International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 8, Issue 2 (March-April 2026) Submit your research before last 3 days of April to publish your research paper in the issue of March-April.
Submit Research Paper Join as a Reviewer

Plagiarism is checked by the leading plagiarism checker TurnItIn

Call for Paper

Volume 8 Issue 2
March-April 2026

Submit your research paper

Indexing Partners
Academia Advanced Sciences Index Bielefeld Academic Search Engine CiteSeer DRJI Google Scholar Independent Search Engine & Directory Network ISI (International Scientific Indexing) Issuu Mendeley Research Networks
RefSeek ResearcherId - Thomson Reuters ResearchGate Scirus Scribd Semantic Scholar UTeM - Universiti Teknikal Malaysia Melaka Wiki for Call for Papers WorldCat Zenodo

A Comprehensive Cost-Benefit Analysis of Renewable Energy Investments: Economic Viability, Environmental Impacts, and Long-Term Sustainability Outcomes

Author(s) Dr. Suresha A L
Country India
Abstract Abstract: The global transition toward renewable energy has accelerated in response to climate change, energy security concerns, and sustainable development goals. This study presents a comprehensive cost-benefit analysis of renewable energy investments, focusing on their economic viability, environmental externalities, and long-term sustainability outcomes. Using an integrated framework combining levelized cost of energy, net present value assessments, and life-cycle environmental analysis, the paper compares utility-scale solar and wind power with conventional fossil fuel systems. The findings demonstrate that despite higher initial capital costs, renewable energy delivers significantly lower operating expenses, enhanced price stability, and superior environmental performance over time. Renewable technologies substantially reduce greenhouse gas emissions, air pollution-related health costs, and water consumption while contributing to job creation and energy security. However, challenges related to grid integration, land use, and material sourcing require targeted policy support and infrastructure investment. The study concludes that renewable energy investments offer overwhelming net social and economic benefits and represent the most sustainable pathway for future energy systems when supported by coherent regulatory frameworks and long-term planning.
Keywords Keywords: Renewable Energy Investments; Cost-Benefit Analysis; Economic Viability; Environmental Externalities; Sustainability Outcomes; Solar and Wind Power; Energy Transition; Life Cycle Assessment; Climate Change Mitigation; Energy Policy
Field Arts
Published In Volume 8, Issue 1, January-February 2026
Published On 2026-02-06
View / Download PDF File

Share this



E-ISSN 2582-2160
CrossRef

CrossRef DOI is assigned to each research paper published in our journal.

IJFMR DOI prefix is
10.36948/ijfmr

Downloads
Research Paper Format Copyright Permission Form and Undertaking Form Cover Page Vol 8 Isu 2Cover Page Vol 8 Isu 1Cover Page Vol 7 Isu 6

All research papers published on this website are licensed under Creative Commons Attribution-ShareAlike 4.0 International License, and all rights belong to their respective authors/researchers.

CC-BY-SA Open Access

About IJFMR
Fees & Payment
Current Issue
Publication Archive 		Submit Research Paper
Track Submission Status
Publication Guidelines
Publication Ethics
Peer Review & Plagiarism 		Join as a Reviewer
Editors & Reviewers
Reviewer Referral Program
Get Reviewer Membership Certi. 		Website/Journal Policies
Usage Policy
Content Policies
Privacy Policy
Contact Us +91-9687-828-838 editor@ijfmr.com
Powered by Sky Research Publication and Journals