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Hybrid Renewable Energy Integration in Energy as a Service Grid: Optimizing Energy Investment in Green Economy
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Author(s): Olasubomi Hafees Asuni (Northumbria University, Newcastle, UK), Ugochukwu Okwudili Matthew (Federal University of Lavras, Brazil), Ahmed Nura Mohammed (Hussaini Adamu Federal Polytechnic, Nigeria), Jazuli Sanusi Kazaure (Hussaini Adamu Federal Polytechnic, Nigeria), Chioma Ulunwa Iroh (Abia State University, Nigeria)and Oluwaseun Jeremiah Adesina (De Montfort University, UK)
Copyright: 2026
Pages: 32
Source title:
The Future of Green Energy: Storage, Materials, Alternative Fuels, and Net-Zero Strategies
Source Author(s)/Editor(s): Shaik Mazhar Hussain (Middle East College, Oman), Shafiq Ul Rehman (Kingdom University, Bahrain), Anupam Srivastav (Middle East College, Oman), Anilloy Augustine Frank (Presidency University, India)and Ahmed Nawaz Hakro (Middle East College, Oman)
DOI: 10.4018/979-8-3373-3226-0.ch011
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Abstract
The Energy as a Service (EaaS) model is an entirely novel approach for accelerating the widespread adoption of renewable energy solutions with low carbon emissions. A hybrid renewable energy system combines two or more distinct types of electricity producing sources, such as solar PV panels, wind turbine generators, hydro plants, and/or fossil fuel-based generators, to generate electricity. By facilitating dynamic energy transactions and demand-responsive solutions, hybrid EaaS networks accelerate the transition to low-carbon economies, ensuring long-term sustainability and grid resilience. This research highlights technological advancements and implementation strategies for maximizing the potential of renewable systems within EaaS networks. The findings contribute to the development of scalable and adaptable business models for future energy ecosystems, optimizing affordability and accessibility for global energy markets sustainability.
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