The Transition to Renewable Energy Sources as a Threat to Resource Economies

Ivan Udalov
Additional contact information
Ivan Udalov: Financial University under the Government of the Russian Federation, Moscow, Russia

International Journal of Energy Economics and Policy, 2021, vol. 11, issue 3, 460-467

Abstract: Changes in global development benchmarks, the gradual depletion of natural resources, as well as global climatic changes are forcing economic actors around the world to look for alternative methods of energy production. The transition to them can be difficult due to the high cost of the produced energy and pressure from states and corporations specializing in the extraction of classical energy sources. The article is devoted to the study of the transition to renewable energy. The article uses a statistical analysis of indicators and makes a conclusion about the relationship between development trends. It is clear with a fair amount of confidence that the positive dynamics of the renewable energy market is leading to changes in the energy market in the USA, Europe and some other parts of the world.

Keywords: renewable energy sources; export and consumption of fossil energy; alternative energy; resource economies. (search for similar items in EconPapers)
JEL-codes: C10 E21 E23 Q41 Q42 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.econjournals.com/index.php/ijeep/article/download/10902/5840 (application/pdf)
https://www.econjournals.com/index.php/ijeep/article/view/10902/5840 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2021-03-56

Access Statistics for this article

International Journal of Energy Economics and Policy is currently edited by Ilhan Ozturk

More articles in International Journal of Energy Economics and Policy from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().