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An analysis of the main driving factors of renewable energy consumption in the European Union

Climate change is a major global concern closely related to the strategies aimed at reducing energy consumption and increasing energy efficiency. Over the last decades, the interest in the development of renewable energy (RE) has grown exponentially. In the case of the European Union (EU), the Renew...

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Autores principales: Camacho Ballesta, José Antonio, da Silva Almeida, Lucas, Rodríguez, Mercedes
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9076700/
https://www.ncbi.nlm.nih.gov/pubmed/35044609
http://dx.doi.org/10.1007/s11356-022-18715-z
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author Camacho Ballesta, José Antonio
da Silva Almeida, Lucas
Rodríguez, Mercedes
author_facet Camacho Ballesta, José Antonio
da Silva Almeida, Lucas
Rodríguez, Mercedes
author_sort Camacho Ballesta, José Antonio
collection PubMed
description Climate change is a major global concern closely related to the strategies aimed at reducing energy consumption and increasing energy efficiency. Over the last decades, the interest in the development of renewable energy (RE) has grown exponentially. In the case of the European Union (EU), the Renewable Energy Directive sets rules to achieve a 32% of total energy consumption to be covered through RE by 2030. In order to achieve this goal, it is important to know what are the main driving factors of RE consumption (REC). This study aims to analyze the impact of economic and social factors on the share of REC in total energy consumption in the EU over the period 2001–2015. For doing so, we estimate a Panel Corrected Standard Error (PCSE) model. The results obtained show that economic factors have a negative effect on REC. In contrast, social factors like education exert a positive effect. This suggests that it is necessary to adopt a holistic approach that includes not only economic but also social aspects in order to foster REC.
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spelling pubmed-90767002022-05-08 An analysis of the main driving factors of renewable energy consumption in the European Union Camacho Ballesta, José Antonio da Silva Almeida, Lucas Rodríguez, Mercedes Environ Sci Pollut Res Int Research Article Climate change is a major global concern closely related to the strategies aimed at reducing energy consumption and increasing energy efficiency. Over the last decades, the interest in the development of renewable energy (RE) has grown exponentially. In the case of the European Union (EU), the Renewable Energy Directive sets rules to achieve a 32% of total energy consumption to be covered through RE by 2030. In order to achieve this goal, it is important to know what are the main driving factors of RE consumption (REC). This study aims to analyze the impact of economic and social factors on the share of REC in total energy consumption in the EU over the period 2001–2015. For doing so, we estimate a Panel Corrected Standard Error (PCSE) model. The results obtained show that economic factors have a negative effect on REC. In contrast, social factors like education exert a positive effect. This suggests that it is necessary to adopt a holistic approach that includes not only economic but also social aspects in order to foster REC. Springer Berlin Heidelberg 2022-01-19 2022 /pmc/articles/PMC9076700/ /pubmed/35044609 http://dx.doi.org/10.1007/s11356-022-18715-z Text en © The Author(s) 2022 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Research Article
Camacho Ballesta, José Antonio
da Silva Almeida, Lucas
Rodríguez, Mercedes
An analysis of the main driving factors of renewable energy consumption in the European Union
title An analysis of the main driving factors of renewable energy consumption in the European Union
title_full An analysis of the main driving factors of renewable energy consumption in the European Union
title_fullStr An analysis of the main driving factors of renewable energy consumption in the European Union
title_full_unstemmed An analysis of the main driving factors of renewable energy consumption in the European Union
title_short An analysis of the main driving factors of renewable energy consumption in the European Union
title_sort analysis of the main driving factors of renewable energy consumption in the european union
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9076700/
https://www.ncbi.nlm.nih.gov/pubmed/35044609
http://dx.doi.org/10.1007/s11356-022-18715-z
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