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Renewable Electricity and Sustainable Development Goals in the EU
Södertörn University, School of Social Sciences, Economics.ORCID iD: 0000-0003-0573-5287
University of Ghana Business School, Legon, Ghana.
2019 (English)In: World Development, ISSN 0305-750X, E-ISSN 1873-5991, Vol. 125, article id 104693Article in journal (Refereed) Published
Abstract [en]

Renewable energy (RE) has a strong synergy with some of the sustainable development goals (SDGs), thus its successful deployment can potentially result in an impact on these SDGs. In this study, we examine the synergy effect of renewable electricity on selected SDGs via the electricity prices for the European Union (EU) countries. Using panel data and a two-step estimation approach, our findings indicate a strong synergy effect between renewable electricity prices, SDG 7 (affordable and clean energy) and SDG 8 (decent work and economic growth). The results further reveal that SDG 12 (responsible production and consumption) accounts for most of the future renewable electricity price variation (excluding self-effect), whereas future variation in SDG 7 (affordable and clean energy) and SDG 13 (climate action) are explained mostly by SDG 8 and SDG 12, respectively.

Place, publisher, year, edition, pages
Elsevier, 2019. Vol. 125, article id 104693
Keywords [en]
Electricity price, EU, Renewable energy, Sustainable development goals
National Category
Economics
Research subject
Environmental Studies
Identifiers
URN: urn:nbn:se:sh:diva-39070DOI: 10.1016/j.worlddev.2019.104693Scopus ID: 2-s2.0-85073029496OAI: oai:DiVA.org:sh-39070DiVA, id: diva2:1355475
Funder
Swedish Energy AgencyAvailable from: 2019-09-29 Created: 2019-09-29 Last updated: 2019-10-31Bibliographically approved

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Bali Swain, Ranjula

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CiteExportLink to record
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Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • harvard-anglia-ruskin-university
  • apa-old-doi-prefix.csl
  • Other style
More styles
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  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf