Abstract
This study is an empirical approach to understand the determinants of renewable energy (RES) investment in European Union (EU-27) through panel data study over the period 1995 to 2011. Random effect panel data modelling technique was used to understand the variables that affect solar and wind energy investments in EU-27. Results suggest that the strong regulation perception plays negative role in the solar energy investment, and lower sunshine hours lead to higher wind investment.
| Original language | English |
|---|---|
| Pages (from-to) | 397-401 |
| Number of pages | 5 |
| Journal | Applied Economics Letters |
| Volume | 22 |
| Issue number | 5 |
| DOIs | |
| State | Published - 24 Mar 2015 |
| Externally published | Yes |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
Keywords
- investment
- panel data
- renewable energy
- solar energy investment
- wind energy investment
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