Switching to Clean Energy: A Milestone for Energy Security and Economic Advantage for Nepal

Abstract

With the world-wide wave of economic development and improved traditional living standard of people, consumption of fuel has also increased significantly. Exponential growth in use of fossil fuel and its impacts compelled to search for alternative energy sources. Green energy is that source of energy that is naturally restocked. Nepal is rich enough country for renewable energy sources even though, could not accelerate growth and development agenda.  Appropriate policy and planning of green energy would help to give a big push to break development hazards and would contribute for economic freedom and energy security.  This paper attempts to scrutinize and understand the green energy utilization, proper management and exploring the capacity of the Nepalese economy.