We analyze the role of electricity storage for technological innovations in electricity generation. We propose a directed technological change model of the electricity sector, where innovative firms develop better electricity storage solutions, which affect not only the relative competitiveness...

According to the official document of Romania's energy policy for the period 2020-2030, with a view to 2050, the main objective of the strategy is to increase the energy sector in conditions of sustainability by setting targets for reducing greenhouse gas emissions and promoting renewable...

Biogas is considered to be an important source of renewable energy, the production of which is on a continuous rise and which can be decisive for the elimination of fossil fuels by 2050. To reduce the negative impact of human actions on the environment, we must take measures urgent for...

The increasing use of energy from renewable sources (RE) for the generation of heat and electricity in Germany has also led to an increasingly intensive debate on its advantages and disadvantages. The discussion mostly centers on the cost effects, because beneficial effects often are harder to...

The increasing use of energy from renewable sources (RE) for the generation of heat and electricity in Germany has also led to an increasingly intensive debate on its advantages and disadvantages. The discussion mostly centers on the cost effects, because beneficial effects often are harder to...

Preserving environmental and natural resources is one of the most important challenges for ensuring the sustainability of well-being over time. One can notice that measuring of environmental indicators related to environmentally responsible behaviour is complicated and demanding task. It is also...

EuroPACE is an innovative financial mechanism inspired by an American building improvement initiative called Property Assessed Clean Energy (PACE). The innovative character of the EuroPACE mechanism is that financing through EuroPACE is linked to the taxes paid on a property. In other words, the...

The aim of this paper is to analyze the connectedness between renewable energy (RE) sectors, the oil & gas sector and other assets using time-scale spillover approach. We find that the RE bioenergy firms are the most connected to oil & gas firms and oil prices. The bond market transmits...

In order to meet the Paris Agreement climate goals and spurred by increasing concern over the adverse impacts of climate change, governments and organizations around the world are calling for the transition and transformation of the energy sector away from fossil fuel extraction and toward...

The most important energy source for energy importing countries is renewable energy source. Difference of this study from other studies is to investigate the relationship between renewable energy use and economic growth for energy importing countries that increased their renewable energy use by...