Trust in Ultima Thules: Social Capital and Renewable Energy Development in Iceland and Greenland

Iceland — an independent republic — and Greenland — an autonomous country within Denmark — represent two nations with similar geographical, economic, and historical backgrounds. Isolated from the continents, both are significantly affected by an adverse climate, making their economies dependent on t...

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Main Author: Aliaksei PATONIA
Format: Article
Language:English
Published: Northern Arctic Federal University 2020-12-01
Series:Арктика и Север
Subjects:
Online Access:http://www.arcticandnorth.ru/en/article_index_years.php?ELEMENT_ID=351676
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author Aliaksei PATONIA
author_facet Aliaksei PATONIA
author_sort Aliaksei PATONIA
collection DOAJ
description Iceland — an independent republic — and Greenland — an autonomous country within Denmark — represent two nations with similar geographical, economic, and historical backgrounds. Isolated from the continents, both are significantly affected by an adverse climate, making their economies dependent on trade and import. Nevertheless, despite their similarities, their national energy patterns differ substantially. Specifically, Iceland covers most of its energy mix with local renewables, whereas Greenland meets most of the energy demand with imported hydrocarbons. This paper investigates the reasons for Greenland lagging behind Iceland in terms of developing renewable energy resources. It hypothesises that, apart from the commonly-mentioned geographical, institutional, and cultural factors, the difference in social capital level has significantly contributed to the countries’ divergent energy strategies. In this sense, Iceland’s higher social capital stock stimulates its renewable power progress, whereas Greenland’s lower social capital level hampers it. To examine this hypothesis, the article constructs a ‘social capital tripod’, which assumes specific geographical, institutional, and cultural factors to be linked to renewable energy development through social capital. The findings demonstrate that Greenland, being dependent on hydrocarbon import, has a significantly lower expected level of social capital than Iceland, which runs mostly on renewables, therefore generally aligning with the research hypothesis.
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spelling doaj.art-72afdbd0c8d942f9a7f30a9ca860beb32022-12-21T20:14:48ZengNorthern Arctic Federal UniversityАрктика и Север2221-26982020-12-01414115518610.37482/issn2221-2698.2020.41.182Trust in Ultima Thules: Social Capital and Renewable Energy Development in Iceland and GreenlandAliaksei PATONIA0Oxford Institute for Energy Studies, Oxford, United KingdomIceland — an independent republic — and Greenland — an autonomous country within Denmark — represent two nations with similar geographical, economic, and historical backgrounds. Isolated from the continents, both are significantly affected by an adverse climate, making their economies dependent on trade and import. Nevertheless, despite their similarities, their national energy patterns differ substantially. Specifically, Iceland covers most of its energy mix with local renewables, whereas Greenland meets most of the energy demand with imported hydrocarbons. This paper investigates the reasons for Greenland lagging behind Iceland in terms of developing renewable energy resources. It hypothesises that, apart from the commonly-mentioned geographical, institutional, and cultural factors, the difference in social capital level has significantly contributed to the countries’ divergent energy strategies. In this sense, Iceland’s higher social capital stock stimulates its renewable power progress, whereas Greenland’s lower social capital level hampers it. To examine this hypothesis, the article constructs a ‘social capital tripod’, which assumes specific geographical, institutional, and cultural factors to be linked to renewable energy development through social capital. The findings demonstrate that Greenland, being dependent on hydrocarbon import, has a significantly lower expected level of social capital than Iceland, which runs mostly on renewables, therefore generally aligning with the research hypothesis.http://www.arcticandnorth.ru/en/article_index_years.php?ELEMENT_ID=351676icelandgreenlandrenewable energysocial capitalgeographyinstitution
spellingShingle Aliaksei PATONIA
Trust in Ultima Thules: Social Capital and Renewable Energy Development in Iceland and Greenland
Арктика и Север
iceland
greenland
renewable energy
social capital
geography
institution
title Trust in Ultima Thules: Social Capital and Renewable Energy Development in Iceland and Greenland
title_full Trust in Ultima Thules: Social Capital and Renewable Energy Development in Iceland and Greenland
title_fullStr Trust in Ultima Thules: Social Capital and Renewable Energy Development in Iceland and Greenland
title_full_unstemmed Trust in Ultima Thules: Social Capital and Renewable Energy Development in Iceland and Greenland
title_short Trust in Ultima Thules: Social Capital and Renewable Energy Development in Iceland and Greenland
title_sort trust in ultima thules social capital and renewable energy development in iceland and greenland
topic iceland
greenland
renewable energy
social capital
geography
institution
url http://www.arcticandnorth.ru/en/article_index_years.php?ELEMENT_ID=351676
work_keys_str_mv AT aliakseipatonia trustinultimathulessocialcapitalandrenewableenergydevelopmentinicelandandgreenland