Renewable Energy in Final Energy Consumption and Income in the EU-28 Countries

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F20%3A81669" target="_blank" >RIV/60460709:41110/20:81669 - isvavai.cz</a>

Result on the web

<a href="https://www.mdpi.com/1996-1073/13/9/2280/htm" target="_blank" >https://www.mdpi.com/1996-1073/13/9/2280/htm</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.3390/en13092280" target="_blank" >10.3390/en13092280</a>

Result language

angličtina

Original language name

Renewable Energy in Final Energy Consumption and Income in the EU-28 Countries

Original language description

The deployment of renewable energy sources (RES) is considered to be an important objective for the energy sector in the European Union (EU). The EU Directive adapted in 2009 fixed mandatory national targets for the use of renewable energy in transport as well as for the share of RES in the gross final energy consumption. Contrary to previous studies, this paper does not examine the link between the RES and economic growth but rather focuses on real gross domestic product (GDP) and the implementation of national renewable energy targets. We employ panel data models for the case of the EU-28 countries covering the period between 2007 and 2017 that yield a low and positive relationship between the impact of GDP per capita and the share of RES in the final consumption. Our results show that there is a significant causality only from real GDP per capita to the share of renewable energy in final consumption, marking the potential of developed countries to consume more RES. We list some groups of countries

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2020

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Energies

ISSN

1996-1073

e-ISSN

1996-1073

Volume of the periodical

13

Issue of the periodical within the volume

9

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

18

Pages from-to

1-18

UT code for WoS article

000535739300158

EID of the result in the Scopus database

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