The External Environment’s Influence on RES Development Intensity
The increasing energy consumption associated with scientific and technological progress has led to environmental concerns. The transition to renewable energy sources is a potential solution to mitigate the negative effects of energy consumption. This study’s objective is to determine the factors inf...
| Main Authors: | , , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Peter the Great St. Petersburg Polytechnic University
2023-12-01
|
| Series: | Sustainable Development and Engineering Economics |
| Subjects: |
| _version_ | 1797302831459336192 |
|---|---|
| author | Dmitriy Rodionov Evgenii Konnikov Olga Konnikova Irina Smirnova Darya Kryzhko Viktoriia Brazovskaia |
| author_facet | Dmitriy Rodionov Evgenii Konnikov Olga Konnikova Irina Smirnova Darya Kryzhko Viktoriia Brazovskaia |
| author_sort | Dmitriy Rodionov |
| collection | DOAJ |
| description | The increasing energy consumption associated with scientific and technological progress has led to environmental concerns. The transition to renewable energy sources is a potential solution to mitigate the negative effects of energy consumption. This study’s objective is to determine the factors influencing the presence of renewable energy in countries’ energy systems and to describe the pattern of their influence. The validated regression model has a high coefficient of determination of 0.9034, indicating the model’s reliability in identifying factors influencing the presence of renewable energy in energy systems. The countries were divided into three groups based on their renewable energy usage level using cluster analysis, indicating the importance of the current usage for further development. The study found that the Human Development Index (HDI) is correlated negatively with the share of renewable energy in energy systems. An increase in the innovation index leads to the development of renewable energy. This study allows for an in-depth analysis of the individual countries in the sample and provides meaningful insights into the current state of renewable energy globally. Overall, this research helps to understand the factors influencing renewable energy usage, and the findings can be used to inform policy decisions regarding renewable energy development. |
| first_indexed | 2024-03-07T23:44:38Z |
| format | Article |
| id | doaj.art-d5a3846c34c44c6fb20b51de9e1f4ac8 |
| institution | Directory Open Access Journal |
| issn | 2782-6333 |
| language | English |
| last_indexed | 2024-03-07T23:44:38Z |
| publishDate | 2023-12-01 |
| publisher | Peter the Great St. Petersburg Polytechnic University |
| record_format | Article |
| series | Sustainable Development and Engineering Economics |
| spelling | doaj.art-d5a3846c34c44c6fb20b51de9e1f4ac82024-02-19T19:59:40ZengPeter the Great St. Petersburg Polytechnic UniversitySustainable Development and Engineering Economics2782-63332023-12-0143653https://doi.org/10.48554/SDEE.2023.4.3The External Environment’s Influence on RES Development IntensityDmitriy Rodionov0https://orcid.org/0000-0002-1254-0464Evgenii Konnikov1https://orcid.org/0000-0002-4685-8569Olga Konnikova2Irina Smirnova3Darya Kryzhko4https://orcid.org/0000-0002-7006-6828Viktoriia Brazovskaia5https://orcid.org/0000-0002-9252-7410Peter the Great St.Petersburg Polytechnic University, Saint-Petersburg, RussiaPeter the Great St.Petersburg Polytechnic University, Saint-Petersburg, RussiaSt. Petersburg State University of Economics, Saint Petersburg, RussiaPeter the Great St.Petersburg Polytechnic University, Saint-Petersburg, RussiaPeter the Great St.Petersburg Polytechnic University, Saint-Petersburg, RussiaPeter the Great St.Petersburg Polytechnic University, Saint-Petersburg, RussiaThe increasing energy consumption associated with scientific and technological progress has led to environmental concerns. The transition to renewable energy sources is a potential solution to mitigate the negative effects of energy consumption. This study’s objective is to determine the factors influencing the presence of renewable energy in countries’ energy systems and to describe the pattern of their influence. The validated regression model has a high coefficient of determination of 0.9034, indicating the model’s reliability in identifying factors influencing the presence of renewable energy in energy systems. The countries were divided into three groups based on their renewable energy usage level using cluster analysis, indicating the importance of the current usage for further development. The study found that the Human Development Index (HDI) is correlated negatively with the share of renewable energy in energy systems. An increase in the innovation index leads to the development of renewable energy. This study allows for an in-depth analysis of the individual countries in the sample and provides meaningful insights into the current state of renewable energy globally. Overall, this research helps to understand the factors influencing renewable energy usage, and the findings can be used to inform policy decisions regarding renewable energy development.renewable energyregressioncluster analysishuman development indexinnovation |
| spellingShingle | Dmitriy Rodionov Evgenii Konnikov Olga Konnikova Irina Smirnova Darya Kryzhko Viktoriia Brazovskaia The External Environment’s Influence on RES Development Intensity Sustainable Development and Engineering Economics renewable energy regression cluster analysis human development index innovation |
| title | The External Environment’s Influence on RES Development Intensity |
| title_full | The External Environment’s Influence on RES Development Intensity |
| title_fullStr | The External Environment’s Influence on RES Development Intensity |
| title_full_unstemmed | The External Environment’s Influence on RES Development Intensity |
| title_short | The External Environment’s Influence on RES Development Intensity |
| title_sort | external environment s influence on res development intensity |
| topic | renewable energy regression cluster analysis human development index innovation |
| work_keys_str_mv | AT dmitriyrodionov theexternalenvironmentsinfluenceonresdevelopmentintensity AT evgeniikonnikov theexternalenvironmentsinfluenceonresdevelopmentintensity AT olgakonnikova theexternalenvironmentsinfluenceonresdevelopmentintensity AT irinasmirnova theexternalenvironmentsinfluenceonresdevelopmentintensity AT daryakryzhko theexternalenvironmentsinfluenceonresdevelopmentintensity AT viktoriiabrazovskaia theexternalenvironmentsinfluenceonresdevelopmentintensity AT dmitriyrodionov externalenvironmentsinfluenceonresdevelopmentintensity AT evgeniikonnikov externalenvironmentsinfluenceonresdevelopmentintensity AT olgakonnikova externalenvironmentsinfluenceonresdevelopmentintensity AT irinasmirnova externalenvironmentsinfluenceonresdevelopmentintensity AT daryakryzhko externalenvironmentsinfluenceonresdevelopmentintensity AT viktoriiabrazovskaia externalenvironmentsinfluenceonresdevelopmentintensity |