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Renewable Electricity and Sustainable Development Goals in the EU
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
2019 (English)In: World DevelopmentArticle in journal (Refereed) Accepted
Abstract [en]

Renewable energy (RE) has a strong synergy with some of the sustainable development goals (SDGs), thus its successful deployment can potentially result in an impact on these SDGs . In this study, we examine the synergy effect of renewable electricity on selected SDGs via the electricity prices for the European Union (EU) countries. Using panel data and a two-step estimation approach, our findings indicate a strong synergy effect between renewable electricity prices, SDG 7 (affordable and clean energy) and SDG 8 (decent work and economic growth). The results further reveal that SDG 7 accounts for most of the future renewable electricity price variation, whereas future variation in SDG 7 (affordable and clean energy) and SDG 13 (climate action) are explained mostly by SDG 8 and SDG 12 (responsible production and consumption), respectively. 

Place, publisher, year, edition, pages
2019.
Keywords [en]
Sustainable development goals, Electricity price, Renewable energy, EU
National Category
Economics
Identifiers
URN: urn:nbn:se:uu:diva-393911OAI: oai:DiVA.org:uu-393911DiVA, id: diva2:1355429
Available from: 2019-09-28 Created: 2019-09-28 Last updated: 2019-09-28

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