There is substantial literature on the determinants of renewable energy consumption. This growing interest is related to the fact that renewable energy is not only one of the main drivers of greenhouse gas mitigation but also its contribution to the achievement of other sustainable goals....

The European Green Deal, which aims to steer the EU towards climate neutrality, has traditionally been met with a degree of reluctance by the Visegrád countries. The convergence to green targets represents a particular challenge for these economies, given their fossil fuel-intensive industrial...

We analyse the (techno- and macro-)economic and distributive effects of a transformation to a renewable electricity system in Austria by 2030, as stipulated by the Austrian government. For the analysis, the macroeconomic model DYNK and ATLANTIS, a partial model of the electricity market, were...

We analyse the (techno- and macro-)economic and distributive effects of a transformation to a renewable electricity system in Austria by 2030, as stipulated by the Austrian government. For the analysis, the macroeconomic model DYNK and ATLANTIS, a partial model of the electricity market, were...

We investigate the optimal regulation of energy production reflecting the long-term goals of the Paris Climate Agreement. We analyze the optimal regulatory incentives to foster the development of non-emissive electricity generation when the demand for power is served either by a monopoly or by...

Renewable energy installations are rapidly gaining market share due to falling technology costs and supportive policies. Meanwhile, the energy price crisis resulting from the Russian-Ukrainian war has shifted the energy policy debate toward the question of how consumers can benefit more from the...

To mitigate climate change in an accelerated time frame, more research is needed to understand how to achieve effective large-scale diffusion of low-carbon innovations. The conceptualization of sectoral socio-technical system transitions requires extending beyond an economic and technological...

In this paper, we propose a methodological framework for assessing the influence of climate uncertainty and technological innovation on renewable investments in small off-grid islands. At the core of the framework, an energy system model calculates the system performance in terms of Present...

Within techno-economic models for climate and energy scenarios, labour is assumed to be available just-in-time - even as cost-optimisation electricity system modelling typically generates development profiles with sharp peaks and troughs which would make labour supply and management very...

On 10 June 2011, the district council of Ahrweiler in the north of the federal state of Rhineland-Palatinate in Germany took the decision to meet 100% of the district's electricity needs through renewable energy by 2030. Yet the share of renewable energy in the district's overall electricity...

Our new analytical general equilibrium model is used to study effects of tightening state Renewable Portfolio Standards (RPS) on electricity price, CO2 emissions, fossil fuel electricity generation, and two kinds of renewable generation. We show how those outcomes depend on key state...

This paper discusses the current developments and adoption of financial instruments designed to support the efforts of governments and corporations in decarbonizing their activities. Particular focus is given to the role of Green Bonds, a debt-like financial instrument whose proceeds are used to...

Despite growing attention on the role of renewable energy in promoting economic growth and environmental sustainability, its adoption rate remains uncomfortably low, especially in developing countries. This study attempts to explore the ways to extend the installed capacity of renewable energy...

Tourism contributes 10% to global gross domestic product (GDP), yet it generates 5% of all anthropogenic CO2, while 50 to 60% of carbon emissions are indirectly related to the sector. High levels of poverty afflict rural areas in developing countries, and sustainable tourism based on renewable...

Central banks worldwide are stepping up actions in relation to climate change and taking on an increasingly important role in supporting the energy transition. Given the prominent role that central banks play in the financial markets and in influencing financing conditions, they can act as a...

The supplier selection problem (SSP) is a significant issue in renewable supply chain management (RSCM). Selecting a strategic green supplier can not only discover the sustainable development of supply chains but also optimize the consumption rate of resources and decrease the negative...

We analyze the energy market and ETS outcomes in Kazakhstan, a major fossil-fuel exporter. The energy market was characterized by the presence of large state-owned enterprises, prevalence of fossil fuel subsidies, and dominance of coal-fired generation. Despite the ETS, Kazakhstan's CO2...

This study aims to determine the impact of carbon dioxide (CO2) emissions, Gross Domestic Product (GDP), and green innovation on the renewable energy (RE) supply (RES) by taking panel heterogeneity and cross-section dependence into account. The dataset of this study covers a panel of BRICS...

This paper uses Qualitative Comparative Analysis (QCA) to validate the theory of change developed for an evaluation of renewable energy strategies, identifying pathways for scaling up RE in a variety of different contexts. QCA was used to translate qualitative judgements into quantitative...

This study evaluates financial innovation priorities for renewable energy investors by generating a novel hybrid fuzzy decision-making model. First, SERVQUAL-based customer needs for financial innovation are weighted with decision-making trial and evaluation laboratory based on picture fuzzy...

This paper uses Qualitative Comparative Analysis (QCA) to validate the theory of change developed for an evaluation of renewable energy strategies, identifying pathways for scaling up RE in a variety of different contexts. QCA was used to translate qualitative judgements into quantitative...

CO2-Plume Geothermal (CPG) technologies are geothermal power systems that use geologically stored CO2 as the subsurface heat extraction fluid to generate renewable energy. CPG technologies can support variable wind and solar energy technologies by providing dispatchable power, while Flexible CPG...

This paper investigates static and dynamic connectedness between the first and second moments of fossil and renewable energy stock indices in the last decade at the daily frequency. For this purpose the Diebold and Yilmaz (2014) methodology is applied; in addition, endogenous break tests are...

Designing auctions that favor low resource quality installations allows countries to geographically diversify their renewable energy production, while lowering payments to low-cost producers. In this paper, we develop a stylized model showing that a discriminatory auction design favoring...

The global climate change imperative presents a particular challenge because of the scale and nature of the investment needed in developing countries, coupled with the difficulty of raising long term debt in many of them. Project finance can help to address this challenge because it enables...