REGIONAL DEVELOPMENT STRATEGIES AND THE GROWTH OF THE RENEWABLE ENERGY SECTOR: AN APPLICATION OF SWOT METHODOLOGY

Elena Rusu Cigu () and Anca Florentina Vatamanu ()
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Anca Florentina Vatamanu: Alexandru Ioan Cuza University of Iasi, Romania

Management Strategies Journal, 2022, vol. 58, issue 4, 15-22

Abstract: The current development strategies are oriented towards the development of the green economy, where the energy sector plays an important role. In this sense, including at the regional level, development strategies are being built that primarily support the growth of the renewable energy sector. Thus, strengthening the economic environment of regions in society should lead directly to economic growth. This paper focuses on regional development strategies and renewable energy consumption in the European countries. Firstly, the paper will present sustainability of regional development strategies and renewable energy consumption from the perspective of the literature. The second objective is to analyse the environment of the renewable energy sector of European countries at the regional level with the help of SWOT methodology. The analysis reveals a maturity of renewable energy sector in Sweden based on national and regional development strategies and a transition process of most of the European Union countries from the conventional energy to the renewable energy.

Keywords: regional development; strategy; growth; renewable energy; SWOT methodology (search for similar items in EconPapers)
JEL-codes: F68 O13 P18 P28 Q42 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:brc:journl:v:58:y:2022:i:4:p:15-22

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