Роль факторов устойчивого развития на стимулирование перехода к возобновляемым источникам энергии / The role of sustainable development factors in stimulating the transition to renewable energy sources
Аннотация
Currently, the transition to renewable energy sources is directly related to sustainable development factors. This process promotes environmental sustainability by reducing air emissions, which helps combat climate change. The energy transition also contributes to economic sustainability by stimulating economic growth through investment in new technologies and infrastructure development. Social justice is achieved through access to clean energy for all, which helps reduce socioeconomic inequality. Innovation and education play a key role in accelerating the transition and ensuring the long-term sustainability of the energy system. Moreover, investing in renewable energy contributes to achieving sustainable development goals by striking a balance between economic, social, environmental, technological and political aspects.
The purpose of this study is to study and evaluate the impact of sustainable development factors on stimulating the transition to renewable energy sources.
The object of study is the transition to renewable energy sources. The subject of study is stimulating the transition to renewable energy sources through sustainable development factors.
This study identifies the features, prospects and risks of the transition to renewable energy sources, and examines economic development, social welfare, environmental sustainability, technological progress and political stability as determinants of the energy transition. The main methodological tool used was econometric analysis, including Pooled OLS, Fixed Effects and Random Effects models, allowing for a more detailed look at the role of sustainable development factors in stimulating the transition to renewable energy sources, as well as a case study using the example of leading countries transitioning to green energy. In addition, ongoing work directly addresses the analysis of the Energy Transition Index (ETI) and the achievement of affordable and clean energy (SDG 7) in various countries.
The results of the econometric study showed that economic development stimulates the energy transition in developed countries. High levels of human development are promoting the integration of renewable energy sources in developing and transition countries, while developed countries are experiencing a declining labor force. Reducing emissions encourages the use of renewable energy around the world, and investment in research and development supports technological development. Finally, political stability is important for the transition to renewable energy, but the hypothesis is rejected in developed countries.
The results of the case study showed that China, the US and India are the main sources of CO2 emissions from fossil fuels, while the UK, Germany and Japan are actively reducing emissions by investing in renewable energy and improving energy efficiency. Moreover, China, the largest producer of bioenergy, solar, wind and hydropower, remains a major source of CO2 emissions, while Brazil has successfully used bioenergy to reduce its transport dependence on oil and gas.
In addition, the development of renewable energy is actively moving in Russia. By 2023, the installed capacity of renewable energy objects reaches 6.04 GW. The main areas of development are wind and solar energy aimed at reducing CO2 emissions and achieving carbon neutrality by 2060.
And finally, the study concludes with recommendations for future energy transition research across different types of economies (developed, developing, and transition economies).
The purpose of this study is to study and evaluate the impact of sustainable development factors on stimulating the transition to renewable energy sources.
The object of study is the transition to renewable energy sources. The subject of study is stimulating the transition to renewable energy sources through sustainable development factors.
This study identifies the features, prospects and risks of the transition to renewable energy sources, and examines economic development, social welfare, environmental sustainability, technological progress and political stability as determinants of the energy transition. The main methodological tool used was econometric analysis, including Pooled OLS, Fixed Effects and Random Effects models, allowing for a more detailed look at the role of sustainable development factors in stimulating the transition to renewable energy sources, as well as a case study using the example of leading countries transitioning to green energy. In addition, ongoing work directly addresses the analysis of the Energy Transition Index (ETI) and the achievement of affordable and clean energy (SDG 7) in various countries.
The results of the econometric study showed that economic development stimulates the energy transition in developed countries. High levels of human development are promoting the integration of renewable energy sources in developing and transition countries, while developed countries are experiencing a declining labor force. Reducing emissions encourages the use of renewable energy around the world, and investment in research and development supports technological development. Finally, political stability is important for the transition to renewable energy, but the hypothesis is rejected in developed countries.
The results of the case study showed that China, the US and India are the main sources of CO2 emissions from fossil fuels, while the UK, Germany and Japan are actively reducing emissions by investing in renewable energy and improving energy efficiency. Moreover, China, the largest producer of bioenergy, solar, wind and hydropower, remains a major source of CO2 emissions, while Brazil has successfully used bioenergy to reduce its transport dependence on oil and gas.
In addition, the development of renewable energy is actively moving in Russia. By 2023, the installed capacity of renewable energy objects reaches 6.04 GW. The main areas of development are wind and solar energy aimed at reducing CO2 emissions and achieving carbon neutrality by 2060.
And finally, the study concludes with recommendations for future energy transition research across different types of economies (developed, developing, and transition economies).