EconPapers    
Economics at your fingertips  
 

Sustainable energy transition readiness: A multicriteria assessment index

H. Neofytou, A. Nikas and H. Doukas

Renewable and Sustainable Energy Reviews, 2020, vol. 131, issue C

Abstract: With climate change mainly originating from the extensive use of fossil fuels and having impacts on many aspects of life, changing the way energy is utilised constitutes a challenge that the world collectively must tackle. In this respect, all countries should implement a variety of measures focusing on energy efficiency and use of sustainable energy sources towards decarbonising their economies and achieving effective greenhouse gas emission reductions and sustainable development. Technological innovations, economic growth, societal compliance, and the regulatory and institutional frameworks constitute prominent factors that could promote, hinder or shape energy transitions as well as indicate the capacity of energy systems to be transformed. Therefore, investigating energy transitions and the extent to which countries are prepared to carry out such transitions requires the consideration of insights into multiple dimensions. This study outlines a multicriteria analysis framework to assess a country's sustainable energy transition readiness level, drawing from four pillars—social, political/regulatory, economic and technological—comprising a consistent set of eight evaluation criteria. The proposed decision analysis framework builds on the PROMETHEE II and AHP methods. Fourteen countries of different profile and level of progress towards sustainable development are evaluated and ranked, in an effort to highlight areas for improvement, and to support policymakers in designing appropriate pathways towards a greener economy.

Keywords: Sustainable energy transitions; Energy policy; Index; MCDA; PROMETHEE; AHP (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1364032120302793
Full text for ScienceDirect subscribers only

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:eee:rensus:v:131:y:2020:i:c:s1364032120302793

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/bibliographic
http://www.elsevier. ... 600126/bibliographic

DOI: 10.1016/j.rser.2020.109988

Access Statistics for this article

Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski

More articles in Renewable and Sustainable Energy Reviews from Elsevier
Bibliographic data for series maintained by Haili He ().

 
Page updated 2020-10-17
Handle: RePEc:eee:rensus:v:131:y:2020:i:c:s1364032120302793