ENERGY INSECURITY, RENEWABLE ENERGY AND ECONOMIC GROWTH

Farhad Taghizadeh-Hesary (), Youngho Chang (), Naoyuki Yoshino () and Peter Morgan

The Singapore Economic Review (SER), 2021, vol. 66, issue 02, 313-322

Abstract: Energy security, a multidimensional concept that encompasses the notion of resource availability, accessibility, environmental acceptability and cost affordability, has been widely discussed. However, the same cannot be said about energy insecurity, a concept that may not necessarily mirror energy security, but also comprises the various consequences of energy unavailability. Energy insecurity mostly affects the poorest and can lead to deepened inequalities and poor health at the household level. One solution for tackling energy insecurity could be adoption of renewable energy. Power generated from renewable sources could help in mitigating energy price fluctuations and reduce health issues, as well as encourage stable economic growth. This special issue discusses the interaction between the three concepts through careful case studies and panel analysis and proposes various policy implications for energy policymakers. This introductory paper introduces the articles selected for this special issue.

Keywords: Energy insecurity; economic growth; renewable energy; energy policy (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1142/S0217590821020021

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