An assessment of renewable energy development in Belt and Road Initiative countries: An entropy and TOPSIS approach
The development of renewable energy is a significant global factor in the achievement of a green economic recovery after the epidemic, and to enhance sustainable social development in the future. However, the Belt and Road Initiative (BRI) countries are experiencing regional differences in renewable...
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Elsevier
2023-11-01
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| Series: | Energy Reports |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S235248472301329X |
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| author | Yan An Xianchun Tan Baihe Gu Kaiwei Zhu Lijuan Shi Ziyuan Ding |
| author_facet | Yan An Xianchun Tan Baihe Gu Kaiwei Zhu Lijuan Shi Ziyuan Ding |
| author_sort | Yan An |
| collection | DOAJ |
| description | The development of renewable energy is a significant global factor in the achievement of a green economic recovery after the epidemic, and to enhance sustainable social development in the future. However, the Belt and Road Initiative (BRI) countries are experiencing regional differences in renewable energy development owing to the different economic and social levels. It is of theoretical and practical significance to assess the situation of renewable energy development in BRI countries, in order to identify the advantages and disadvantages of renewable energy development and to enhance energy cooperation between countries. In this paper, a multidimensional assessment for BRI countries (47 countries/regions across Asia, Europe, Africa, the Americas, and Oceania) was carried out based on empirical data, (including institutional, economic, technological, energy and environmental facets). The Entropy Weight Method and the Technique for Order Preference by Similarity to an Ideal Solution (TOPSIS) were selected to assess the level of renewable energy development in BRI countries during the period 2009–2017. The results demonstrated that BRI countries/regions had a low overall level of renewable energy development during the study period, but a stable and rising development trend was identifiable. For example, certain countries/regions (e.g. Mainland China, Indonesia, Pakistan, Russia, South Africa and New Zealand) experienced significant growth during the period. When analyzed by continents, the Americas and Oceania had the highest level of renewable energy development, followed by Europe, with Asia and Africa ranking lowest. Europe and Oceania’s notable advantages in “institutional and economic facets” were primarily as a result of the enhanced governance capability and superior economic development. The superior maturity of renewable energy technology in the Americas and Oceania contributes to the superior performance in the “technological facet”. The countries with superior development in the “energy and environmental facets” are located in Asia, Oceania and Europe. |
| first_indexed | 2024-03-08T20:11:35Z |
| format | Article |
| id | doaj.art-daa1ef53443d4c2dafbca92b80022890 |
| institution | Directory Open Access Journal |
| issn | 2352-4847 |
| language | English |
| last_indexed | 2024-03-08T20:11:35Z |
| publishDate | 2023-11-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Energy Reports |
| spelling | doaj.art-daa1ef53443d4c2dafbca92b800228902023-12-23T05:21:44ZengElsevierEnergy Reports2352-48472023-11-011035453560An assessment of renewable energy development in Belt and Road Initiative countries: An entropy and TOPSIS approachYan An0Xianchun Tan1Baihe Gu2Kaiwei Zhu3Lijuan Shi4Ziyuan Ding5China Institute of Nuclear Industry Strategy, Beijing, ChinaInstitutes of Science and Development, Chinese Academy of Sciences, Beijing, ChinaInstitutes of Science and Development, Chinese Academy of Sciences, Beijing, China; Corresponding author.Institutes of Science and Development, Chinese Academy of Sciences, Beijing, ChinaChina Industrial Control Systems Cyber Emergency Response Team, Beijing, ChinaGraduate School of Art & Science, Boston University, Boston, MA, USAThe development of renewable energy is a significant global factor in the achievement of a green economic recovery after the epidemic, and to enhance sustainable social development in the future. However, the Belt and Road Initiative (BRI) countries are experiencing regional differences in renewable energy development owing to the different economic and social levels. It is of theoretical and practical significance to assess the situation of renewable energy development in BRI countries, in order to identify the advantages and disadvantages of renewable energy development and to enhance energy cooperation between countries. In this paper, a multidimensional assessment for BRI countries (47 countries/regions across Asia, Europe, Africa, the Americas, and Oceania) was carried out based on empirical data, (including institutional, economic, technological, energy and environmental facets). The Entropy Weight Method and the Technique for Order Preference by Similarity to an Ideal Solution (TOPSIS) were selected to assess the level of renewable energy development in BRI countries during the period 2009–2017. The results demonstrated that BRI countries/regions had a low overall level of renewable energy development during the study period, but a stable and rising development trend was identifiable. For example, certain countries/regions (e.g. Mainland China, Indonesia, Pakistan, Russia, South Africa and New Zealand) experienced significant growth during the period. When analyzed by continents, the Americas and Oceania had the highest level of renewable energy development, followed by Europe, with Asia and Africa ranking lowest. Europe and Oceania’s notable advantages in “institutional and economic facets” were primarily as a result of the enhanced governance capability and superior economic development. The superior maturity of renewable energy technology in the Americas and Oceania contributes to the superior performance in the “technological facet”. The countries with superior development in the “energy and environmental facets” are located in Asia, Oceania and Europe.http://www.sciencedirect.com/science/article/pii/S235248472301329XRenewable energy developmentThe Belt and Road Initiative countriesEntropy weightTOPSIS method |
| spellingShingle | Yan An Xianchun Tan Baihe Gu Kaiwei Zhu Lijuan Shi Ziyuan Ding An assessment of renewable energy development in Belt and Road Initiative countries: An entropy and TOPSIS approach Energy Reports Renewable energy development The Belt and Road Initiative countries Entropy weight TOPSIS method |
| title | An assessment of renewable energy development in Belt and Road Initiative countries: An entropy and TOPSIS approach |
| title_full | An assessment of renewable energy development in Belt and Road Initiative countries: An entropy and TOPSIS approach |
| title_fullStr | An assessment of renewable energy development in Belt and Road Initiative countries: An entropy and TOPSIS approach |
| title_full_unstemmed | An assessment of renewable energy development in Belt and Road Initiative countries: An entropy and TOPSIS approach |
| title_short | An assessment of renewable energy development in Belt and Road Initiative countries: An entropy and TOPSIS approach |
| title_sort | assessment of renewable energy development in belt and road initiative countries an entropy and topsis approach |
| topic | Renewable energy development The Belt and Road Initiative countries Entropy weight TOPSIS method |
| url | http://www.sciencedirect.com/science/article/pii/S235248472301329X |
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