The Slow Pace of Green Transformation: Underlying Factors and Implications

Tessaleno Devezas, Andrea Tick, Askar Sarygulov and Polina Rukina
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Tessaleno Devezas: Center for Interdisciplinary Research and Education on Technological and Economic Problems of Energy Transition, Peter the Great St. Petersburg Polytechnic University, Ulitsa Politechnicheskaya 29, St. Petersburg 195251, Russia
Askar Sarygulov: Center for Interdisciplinary Research and Education on Technological and Economic Problems of Energy Transition, Peter the Great St. Petersburg Polytechnic University, Ulitsa Politechnicheskaya 29, St. Petersburg 195251, Russia
Polina Rukina: Center for Interdisciplinary Research and Education on Technological and Economic Problems of Energy Transition, Peter the Great St. Petersburg Polytechnic University, Ulitsa Politechnicheskaya 29, St. Petersburg 195251, Russia

Energies, 2024, vol. 17, issue 19, 1-26

Abstract: Concerns about climate change are a hot topic in the current debate about a sustainable future, and despite more than 30 years of international conferences, including the Intergovernmental Panel on Climate Change (IPCC) and the United Nations Climate Change Conference (COP), the annual usage amount of fossil fuel-based energy sources has remained largely unchanged, and the green transition to a carbon-free energy system is progressing at a much slower pace than anticipated. This paper presents an original approach that consists in addressing the green transition’s dilemmas by analyzing the complex interplay of strongly interwoven forces hindering the rapid adoption of so-called green energy sources scrutinized from a three-fold perspective: socio-psychological; political–strategic and territorial; and technological. Moreover, these forces are ranked according to the magnitude of their impact on the anticipated transition to green, and it is estimated by logistic fit extrapolation that the total share of the contribution of low-carbon sources might reach a maximum of about 25% among all energy sources in 2050. A final original picture is presented, summarizing how all the involved forces are acting upon the expected transition as well as their consequences.

Keywords: energy policy; energy transition; green transition; three-fold perspective analysis (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2024
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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