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A compound index of renewables consumption

A compound index of renewables consumption

Gatto, Andrea ORCID: 0000-0003-1005-3571 and Drago, Carlo (2019) A compound index of renewables consumption. [Working Paper]

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Abstract

Renewables play a crucial role in sustainable development and energy security achievements. SGDs recommend a number of actions to enhance the implementation of renewables both in OECD and nonOECD countries. A prime policy consequence of renewables use is entrepreneurship enhancement. Microbusiness implementation can empower women, rural, youth, and vulnerable categories, especially when coupled with microfinance and policies. Those policies are nowadays detected as important strategies by the International Community for reaching increased resilience in energy, food and resource. The work exploits a statistical approach useful to measure energy policy effectiveness. A composite indicator on renewables policy is built, exploring different approaches. The determinants of energy policy effectiveness are analyzed, considering some other relevant variables which can be identified from the recent literature. A statistical comparison of the different results is particularly relevant to ensure the robustness of the factual implications. We confirm that green countries, e.g. Scandinavia, are keeping a green consumption attitude. We discover that countries endowed with rich resources, like Brazil, are managing to perform better in terms of renewable energy consumption. We also validate that countries that are oil exporters, like most Arab countries, are usually less prone to use renewable energy.

Item Type: Working Paper
Uncontrolled Keywords: compound index, renewables, energy policy, sustainable development, rural development, women entrepreneurship.
Faculty / Department / Research Group: Faculty of Engineering & Science
Faculty of Engineering & Science > Natural Resources Institute
Faculty of Engineering & Science > Natural Resources Institute > Livelihoods & Institutions Department
Last Modified: 15 Jan 2021 19:16
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
Selected for GREAT 2019: None
Selected for REF2021: None
URI: http://gala.gre.ac.uk/id/eprint/28882

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