E3S Web Conf.
Volume 234, 2021The International Conference on Innovation, Modern Applied Science & Environmental Studies (ICIES2020)
|Number of page(s)||5|
|Published online||02 February 2021|
Renewable energy innovation in Europe: Energy efficiency analysis
1 Sumy State University, Department of Management, 40007, 2 Rymskogo-Korsakova St., Sumy, Ukraine
2 Sumy State University, Department of International Economic Relations, 40007, 2 Rymskogo-Korsakova St., Sumy, Ukraine
* Corresponding author: firstname.lastname@example.org
In this manuscript, we investigate the importance of renewable energy innovation for achieving inclusive and sustainable goals and the state’s energy security. Emphases in research are made on investigation the effect of regulatory policies and fiscal incentives on achieving renewable energy targets. Exploiting energy data for 28 European countries over the period 1990–2018, we assess the relationship between the volumes of renewable energy and energy efficiency. The statistical analysis we performed in Python. Our results indicate that the share of energy from renewable positively correlates with all energy efficiency indicators except energy productivity.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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