Biography:

Dr. Tawfik obtained DrSc in Physics and Mathematics at the Uzbekistan National University, Uzbekistan in 2012 and PhD in High-Energy Physics at Philipps Universit?t zu Marburg, Germany in 1999. He is the founder director of the Egyptian Center for Theoretical Physics (ECTP), the founder director of the World Laboratory for Cosmology and Particle Physics (WLCAPP), and Professor of Physics at the Modern University for Technology and Information. He is an associate member of the Nuclear Physics Institute of Uzbekistan Academy of Sciences, the team leader of Egyptian Scientists joining the ALICE experiment at LHC, and the team leader of the Egyptian Group working for the STAR experiment at RHIC. In 1998, Dr. Tawfik was awarded with the DAAD-prize for ?Hervorragende Leistungen ausl?ndischer Studierender an den deutschen Hochschulen". At the 23rd general meeting of TWAS held in Tianjin, China, on 18 September 2012, Dr Tawfik has been elected as Fellow of TWAS. He is the author of two titles. He published about 75 research papers in leading journals. Furthermore, he is serving as supervisor of couple tens PhD and MSc theses at various Egyptian Universities.

Abstract:

Renewable Energy Alternatives in Era of Low-Price Petroleum
Apparently, the renewable energy has experienced significant growth over the past five years. However, during recent drastic turmoil of oil prices various refustalos of OPEC, which is usually known to step in and cut oil production, have been approved. This has led to a dramatic collapse in oil prices. OPEC's decision to maintain current export levels has do with non-OPEC big oil producers, such as United States, Russia and Mexico. We shall discuss what the lower oil prices mean for the other green energy alternatives. On one hand, the oco-economical effects remain almost untested. Green energy resources are environment-friendly. However, as oil prices continue to plummet, negative effects on the burgeoning green energy economy can't be kept minimal. Investors expect that downturn in the cost of fuel and a downturn in the cost of power, the final cost in renewable power plant doesn�t do down as well, because the latter doesn�t use that fuel to produce energy. They remain propitious as they used to be, while oil-energy becomes favored from the economical point-of-view. Infrastructure and even the power plants themselves should be installed first. These are very expensive and should be repaid as extra portion added to the bills. It is known that fossil-based fuels; oil, coal, and natural gas, provide about 85% of all the energy use worldwide. Therefore, renewable energies such as solar and wind are not in direct competition with oil in most countries.