Does renewable energy development enhance energy security?

Khalid Khan, Adnan Khurshid, Javier Cifuentes-Faura and Dai Xianjun

Utilities Policy, 2024, vol. 87, issue C

Abstract: This study examines the causal relationship between renewable energy and energy security. The findings suggest that energy security has an explanatory role in renewable energy across several subsamples and is driven by various economic and political events, strained relationships between countries, social unrest, and sanctions. Similarly, the results confirm that renewable energy has influenced energy security through the negative impacts of climate change, the security of oil supplies, and the implementation of policies and incentives to promote renewable energy. Therefore, the outcomes of this study recommend developing a comprehensive national plan to increase renewable energy use and enhance energy security.

Keywords: Energy security; Renewable energy; Political instability (search for similar items in EconPapers)
JEL-codes: F01 F5 P28 Q20 (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:87:y:2024:i:c:s0957178724000183

DOI: 10.1016/j.jup.2024.101725

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