What Determines Investment in Renewable Energy?

What Determines Investment in Renewable Energy?

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Academic Unit

College of Business

Publication Date

2020

Document Type

Article

Abstract

Investment in renewable energy is an investment in our future. This paper explores the determinants of investment in renewable energy capacity in Europe, the Former Soviet Union, and the Middle East and North Africa. It explores the major challenges each of these regions faces in moving towards a more environmentally friendly generation and use of energy. We find that specific country and regional characteristics, together with the level of pollution of a country, have a significant impact on its total renewable capacity installed. We find mixed evidence that the overall quality of governance promotes renewables.

Journal Title

Journal of Strategic Innovation and Sustainability

Volume

15

Issue

6

DOI

https://doi.org/10.33423/jsis.v15i6.3593

What Determines Investment in Renewable Energy?

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