Renewable and Non-Renewable Energy Consumption and Economy: A Systematic Literature Review for Greece

Ioannis Mantzaris, Persefoni Polychronidou and Anna Triantafyllidou

European Journal of Interdisciplinary Studies, 2024, issue 02

Abstract: Recent research has increasingly explored the nexus between energy consumption and economic growth, with a particular focus on energy economics. Key factors driving this growing interest include environmental protection, the expansion of renewable energy sources, and recurrent energy crises, all of which have stimulated interdisciplinary investigations, particularly within the field of economics. This study conducts a systematic literature review of research related to Greece over the period 1994–2023, examining the relationship between energy consumption—both renewable and non-renewable—and economic growth. The paper categorizes and presents the methodologies employed, the thematic areas explored, the broader research classifications, the volume of studies, and the evolution of research in this domain. Special emphasis is placed on methodological approaches, including econometric techniques as well as emerging research trends that shape the field. Additionally, the study documents Greece’s legislative trajectory in renewable energy and compares findings with corresponding European studies. Identified research gaps include the need for longitudinal analyses and comparative policy assessments. The conclusions underscore the pivotal role of renewable energy in economic development and policymaking, offering insights and directions for future research.

Keywords: Energy economics; Greece; growth; renewable energy sources (search for similar items in EconPapers)
JEL-codes: O13 P18 P28 (search for similar items in EconPapers)
Date: 2024
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