Contextual drivers of energy demand and supply from renewable sources
This study investigates the socio-economic and environmental drivers shaping renewable energy demand and supply within a meso-level setting (Italian regions, 2004–2020). Employing a panel vector error correction mechanism (PVECM) and an integrative biplot analysis, the research outcomes reveal a mar...
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| Format: | Article |
| Language: | English |
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Elsevier
2024-11-01
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| Series: | Heliyon |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844024157581 |
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| _version_ | 1846167048074297344 |
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| author | Mattia De Rosa Marta Meleddu Manuela Pulina |
| author_facet | Mattia De Rosa Marta Meleddu Manuela Pulina |
| author_sort | Mattia De Rosa |
| collection | DOAJ |
| description | This study investigates the socio-economic and environmental drivers shaping renewable energy demand and supply within a meso-level setting (Italian regions, 2004–2020). Employing a panel vector error correction mechanism (PVECM) and an integrative biplot analysis, the research outcomes reveal a market equilibrium between demand and supply in the short and long run. Human capital accumulation is identified as pivotal in driving the renewable energy transition. Significant regional heterogeneities indicate challenges in achieving convergence towards sustainability and socio-economic development and well-being. Key empirical implications include enhancing education and vocational training to strengthen human capital and implementing tailored regional strategies for sustainable infrastructure development. These findings support policymakers in formulating targeted policies for a resilient, balanced energy future and addressing regional disparities in renewable energy adoption. |
| format | Article |
| id | doaj-art-6e589b874e21438eba1684b2d9eec11b |
| institution | Kabale University |
| issn | 2405-8440 |
| language | English |
| publishDate | 2024-11-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Heliyon |
| spelling | doaj-art-6e589b874e21438eba1684b2d9eec11b2024-11-15T06:13:22ZengElsevierHeliyon2405-84402024-11-011021e39727Contextual drivers of energy demand and supply from renewable sourcesMattia De Rosa0Marta Meleddu1Manuela Pulina2Dipartimento di Ingegneria Meccanica, Energetica, Gestionale e dei Trasporti (DIME), University of Genova, ItalyDipartimento di Scienze Economiche e Aziendali (DISEA), University of Sassari and CRENoS, Italy; Corresponding author.Dipartimento di Scienze Economiche e Aziendali (DISEA), University of Sassari and CRENoS, ItalyThis study investigates the socio-economic and environmental drivers shaping renewable energy demand and supply within a meso-level setting (Italian regions, 2004–2020). Employing a panel vector error correction mechanism (PVECM) and an integrative biplot analysis, the research outcomes reveal a market equilibrium between demand and supply in the short and long run. Human capital accumulation is identified as pivotal in driving the renewable energy transition. Significant regional heterogeneities indicate challenges in achieving convergence towards sustainability and socio-economic development and well-being. Key empirical implications include enhancing education and vocational training to strengthen human capital and implementing tailored regional strategies for sustainable infrastructure development. These findings support policymakers in formulating targeted policies for a resilient, balanced energy future and addressing regional disparities in renewable energy adoption.http://www.sciencedirect.com/science/article/pii/S2405844024157581C23Q41Q48 |
| spellingShingle | Mattia De Rosa Marta Meleddu Manuela Pulina Contextual drivers of energy demand and supply from renewable sources Heliyon C23 Q41 Q48 |
| title | Contextual drivers of energy demand and supply from renewable sources |
| title_full | Contextual drivers of energy demand and supply from renewable sources |
| title_fullStr | Contextual drivers of energy demand and supply from renewable sources |
| title_full_unstemmed | Contextual drivers of energy demand and supply from renewable sources |
| title_short | Contextual drivers of energy demand and supply from renewable sources |
| title_sort | contextual drivers of energy demand and supply from renewable sources |
| topic | C23 Q41 Q48 |
| url | http://www.sciencedirect.com/science/article/pii/S2405844024157581 |
| work_keys_str_mv | AT mattiaderosa contextualdriversofenergydemandandsupplyfromrenewablesources AT martameleddu contextualdriversofenergydemandandsupplyfromrenewablesources AT manuelapulina contextualdriversofenergydemandandsupplyfromrenewablesources |