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Does renewable energy development enhance energy security?

Author

Listed:
  • Khan, Khalid
  • Khurshid, Adnan
  • Cifuentes-Faura, Javier
  • Xianjun, Dai

Abstract

This study examines the causal relationship between renewable energy and energy security. The findings suggest that energy security has an explanatory role in renewable energy across several subsamples and is driven by various economic and political events, strained relationships between countries, social unrest, and sanctions. Similarly, the results confirm that renewable energy has influenced energy security through the negative impacts of climate change, the security of oil supplies, and the implementation of policies and incentives to promote renewable energy. Therefore, the outcomes of this study recommend developing a comprehensive national plan to increase renewable energy use and enhance energy security.

Suggested Citation

  • Khan, Khalid & Khurshid, Adnan & Cifuentes-Faura, Javier & Xianjun, Dai, 2024. "Does renewable energy development enhance energy security?," Utilities Policy, Elsevier, vol. 87(C).
  • Handle: RePEc:eee:juipol:v:87:y:2024:i:c:s0957178724000183
    DOI: 10.1016/j.jup.2024.101725
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    More about this item

    Keywords

    Energy security; Renewable energy; Political instability;
    All these keywords.

    JEL classification:

    • F01 - International Economics - - General - - - Global Outlook
    • F5 - International Economics - - International Relations, National Security, and International Political Economy
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General

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