As the world transitions towards a low-carbon economy, understanding the employment implications of renewable energy growth is crucial, particularly in emerging economies like the BRICS nations, where energy demand and employment pressures are rapidly evolving. The justification for this study...

We build a general equilibrium model to study how climate transition risks affect energy prices and the valuations of different firms in the energy sector. We consider two types of fossil fuel firms: incumbents that have developed oil reserves they can extract today or tomorrow, and new entrants...

A key element in the transition to net zero carbon emissions is increasing the use of renewable energy, especially wind and solar energy, and scaling up energy storage sustainably to enable their greater use. This paper discusses the advantages and challenges of scaling up renewable energy...

The search for and use of green energy sources is an important course of action for the European Union (EU). The paper compares the 13 EU countries that acceded to the EU in 2004 and afterwards in terms of the level of renewable energy use. The primary indicator used to assess the use of...

A sustainable ocean economy, or blue economy, encompasses economic activities utilizing marine resources while prioritizing the long-term health of oceans. While its potential to contribute to Gross Domestic Product (GDP) is acknowledged, limited research explores its specific influence on...

The integration of the concept of environment, social, and governance (ESG) into trade and investment to contribute to the Sustainable Development Goals (SDGs) is becoming a new consensus. ESG considerations are becoming crucial in national and regional policies for sustainable development...

This study investigates the interplay between renewable energy Consumption, urbanization, and carbon emissions in Somalia, a region facing pressing environmental challenges. The study uses advanced econometric techniques like the ARDL model to uncover short- and long-term dynamics that impact...

Hybrid production plants harness diverse climatic sources for electricity generation, playing a crucial role in the transition to renewable energies. This study aims to forecast the profitability of a combined wind-photovoltaic energy system. Here, we develop a model that integrates predicted...

The electricity sector plays a key role in achieving zero-emission targets. The required transition will lead to substantial changes in the supply, demand, and distribution of electricity but also in stakeholder roles. Future market designs may change substantially to accommodate these changes,...

Modernizing and diversifying industries have become essential in recent years, particularly with the shift toward new energy sources to boost the global economy. Despite widespread initiatives, the economic impact of these reforms remains uncertain. This study examines the effects of Saudi...

This paper examines public investment in mass media campaigns aimed at stimulating market-led growth within the renewable energy sector in a developing country setting. We run a randomized field experiment to estimate the impact of a large-scale information campaign on the adoption of renewable...