Determinants of renewable energy growth: A global sample analysis

被引：327

作者：

Aguirre, Mariana ^{[1
]}

Ibikunle, Gbenga ^{[1
]}

机构：

[1] Univ Edinburgh, Edinburgh EH8 9JS, Midlothian, Scotland

来源：

ENERGY POLICY | 2014年 / 69卷

关键词：

Renewable energy; Energy policy; Panel corrected standard errors; EFFICIENT ESTIMATION; ELECTRICITY PRICES; WIND POWER; POLICIES; GENERATION; COUNTRIES; GERMANY; STATES; GDP;

D O I：

10.1016/j.enpol.2014.02.036

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We investigate factors influencing country-level renewable energy growth by applying FEVD and PCSE estimation methods in a unique sample analysis. With a longer time series (1990-2010) and a broader sample size of countries (including Brazil, Russia, India, China and South Africa) than previous studies, our results reveal new insights. The results suggest that certain government-backed energy policies impede renewable energy investments, thus implying significant failures in policy design. These policies may be failing mainly because of uncertainty and the likelihood of discontinuity. Weak voluntary approaches are introduced in order to satisfy public demand for more sustainable investments and programmes; we find that these may have negative influences on the growth of renewables as well. The insight gained is consistent over the estimation methods employed. (C) 2014 Elsevier Ltd. All rights reserved.

引用

页码：374 / 384

页数：11

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