Renewable Energy Sources and Energy Poverty
(2022) EKHS34 20221Department of Economic History
- Abstract
- The availability of energy is an overarching measure connected to various aspects of poverty. Energy Poverty, as a concept, captures the deprivation of access to energy, clean and safe fuels and end-appliances. While measures to reduce energy poverty increase the demand for energy, greenhouse gas emissions must decrease to mitigate the worst impacts of climate change, rendering renewable energy sources (RES) the predominantly applied measure. As varying effects for different RES can be expected, understanding the interconnection of RES and energy poverty among the background of different levels of institutional quality (IQ) is crucial to give sound policy advice. Applying a dual analysis of static (GLS) and dynamic (GMM) panel regression... (More)
- The availability of energy is an overarching measure connected to various aspects of poverty. Energy Poverty, as a concept, captures the deprivation of access to energy, clean and safe fuels and end-appliances. While measures to reduce energy poverty increase the demand for energy, greenhouse gas emissions must decrease to mitigate the worst impacts of climate change, rendering renewable energy sources (RES) the predominantly applied measure. As varying effects for different RES can be expected, understanding the interconnection of RES and energy poverty among the background of different levels of institutional quality (IQ) is crucial to give sound policy advice. Applying a dual analysis of static (GLS) and dynamic (GMM) panel regression models, these effects were explored. It can be concluded that: (1) RES have a positive effect on energy poverty reduction, with solar energy obtaining the largest effects, (2) however, these effects are relatively small, ranging from 0,1 to 0,4 percent decreases in energy poverty, and (3) IQ shows to have a promoting effect on RES’ energy-poverty-reducing effects. From these results, it can be deduced that there are no counter-effects between the goals of energy poverty reduction and the transition to renewable energies; in fact, RES seem to have a positive impact on both goals. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9095283
- author
- Munzert, Marie Luise Fiona LU
- supervisor
- organization
- alternative title
- A Global Empirical Analysis of Renewable Energy's Effects on Energy Poverty
- course
- EKHS34 20221
- year
- 2022
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Energy Poverty, Renewables, Institutional Quality, GLS, GMM
- language
- English
- id
- 9095283
- date added to LUP
- 2022-08-02 10:33:46
- date last changed
- 2022-08-02 10:33:46
@misc{9095283, abstract = {{The availability of energy is an overarching measure connected to various aspects of poverty. Energy Poverty, as a concept, captures the deprivation of access to energy, clean and safe fuels and end-appliances. While measures to reduce energy poverty increase the demand for energy, greenhouse gas emissions must decrease to mitigate the worst impacts of climate change, rendering renewable energy sources (RES) the predominantly applied measure. As varying effects for different RES can be expected, understanding the interconnection of RES and energy poverty among the background of different levels of institutional quality (IQ) is crucial to give sound policy advice. Applying a dual analysis of static (GLS) and dynamic (GMM) panel regression models, these effects were explored. It can be concluded that: (1) RES have a positive effect on energy poverty reduction, with solar energy obtaining the largest effects, (2) however, these effects are relatively small, ranging from 0,1 to 0,4 percent decreases in energy poverty, and (3) IQ shows to have a promoting effect on RES’ energy-poverty-reducing effects. From these results, it can be deduced that there are no counter-effects between the goals of energy poverty reduction and the transition to renewable energies; in fact, RES seem to have a positive impact on both goals.}}, author = {{Munzert, Marie Luise Fiona}}, language = {{eng}}, note = {{Student Paper}}, title = {{Renewable Energy Sources and Energy Poverty}}, year = {{2022}}, }