Energy R&amp;D towards Sustainability: A Panel Analysis of Government Budget for Energy R&amp;D in OECD Countries (1974–2012)

Sun, Inkyoung; Kim, So Young

doi:10.3390/su9040617

Cited by 14 publications

(8 citation statements)

References 47 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In this sense, and according to Bouraiou et al [15], it is recommendable that the national authorities improve the conditions for implementing the renewable program, including means to facilitate private investment, especially in the calls for tender. In short, as stated in Sun and Kim [46], it is necessary to adopt a more proactive attitude in order to achieve the proposed objectives of energy sustainability.…”

Section: Analysis Results and Discussionmentioning

confidence: 99%

Measures to Promote Renewable Energy for Electricity Generation in Algeria

2020

View full text Add to dashboard Cite

Algeria has enormous renewable energy potential. However, fossil fuels remain the main electricity generation source, and the country is the third largest CO 2 emitter in Africa. Algeria is also particularly vulnerable to climate change. Therefore, a set of actions related to energy, forests, industry and waste sectors have been programmed, over the period 2015-2030, and the government action program has given priority to promote renewable energy. In this sense, Algeria is committed to significantly promote investment in renewable energy, during the period 2020-2030. Thus by 2030, renewable electricity production capacity will achieve 22,000 MW, representing 27% of total electricity generation. This paper analyzes the electricity generation measures implemented in Algeria to reach the required energy mix, the legislative framework, financial aid, the feed-in tariff system, the tax incentives, and the tender and auctions undertaken. The analyses reveal that, although the electricity price premium policy has not been revoked, the newly enacted tender scheme is designed to become the standard procedure for launching renewable energy projects in Algeria in the coming years.

show abstract

Section: Analysis Results and Discussionmentioning

confidence: 99%

Measures to Promote Renewable Energy for Electricity Generation in Algeria

2020

View full text Add to dashboard Cite

show abstract

“…Nowadays, research and development (R&D) investment is becoming a critical element of generating the (sustainable) competitive advantage of companies and economies, causing them to invest persistently in R&D activities [1][2][3][4][5][6][7]. This stems from the global economy shifting from an economy based on industry to one based on knowledge, which has drastically altered both the business environment and how different stakeholders function.…”

Section: Introductionmentioning

confidence: 99%

The Impact of R&D Expenditures on Corporate Performance: Evidence from Slovenian and World R&D Companies

Ravšelj

Aristovnik

2020

Sustainability

View full text Add to dashboard Cite

Research and development (R&D) investment is widely recognised as one of the crucial elements of generating the competitive advantage of contemporary companies. At the same time, it is also considered to represent one of the key determinants of overall sustainable development. Global competition, which is becoming increasingly harsh and forces companies to provide value-added products, processes and services, constitutes a reason why R&D investment is indispensable in contemporary business operations as they facilitate keeping the companies’ position in the market in terms of their competitiveness. The main aim of this paper is therefore to examine the impact of R&D expenditures on corporate performance. Using a multiple regression analysis, two different panel datasets covering Slovenian and world R&D companies are analysed. This gives a unique opportunity to obtain comprehensive and interesting findings, representing the main originality and value of the paper. The empirical results reveal that R&D expenditures are not effective in the short-term period and bring certain benefits in the long-term period. The findings of this paper provide several important theoretical and practical implications.

show abstract

“…For instance, the so-called 'Mission Innovation' pledge that was signed by 20 governments at the 2015 Paris climate meeting (COP 21) promised a doubling of government renewable energy R&D spending to over US$ 30 billion until the year 2021 (Sanchez and Sivaram 2017). Still, even if government support to renewable energy R&D has increased rapidly during the least two decades, not least in Europe and among OECD countries (IEA 2019), various governments commit vastly different levels of R&D support (Sun and Kim 2017). This paper investigates the drivers and the strategic interactions underlying governments' support to renewable energy R&D in the empirical context of a number of key European Union (EU) Member States.…”

Section: Introductionmentioning

confidence: 99%

“…Johnstone, Haščič, and Popp 2010;Ek and Söderholm 2010;Verdolini and Galeotti 2011;Peters et al 2012;Dechezleprêtre and Glachant 2014;Popp 2015;Palage, Lundmark, and Söderholm 2019). Still, considerably less attention has been devoted to the determinants of government R&D support (see, however, Garrone and Grilli 2010;Smith and Urpelainen 2013;Sun and Kim 2017), including the presence or absence of R&D policy coordination across countries. 1 Second, our emphasis on government R&D efforts of EU Member States relates to the political economy of overall renewable energy policy within the Union.…”

Section: Introductionmentioning

confidence: 99%

Government support to renewable energy R&D: drivers and strategic interactions among EU Member States

Grafström

Söderholm

Gawel

et al. 2020

Economics of Innovation and New Technology

View full text Add to dashboard Cite

Although the climate challenge requires proactive policies that spur innovation in the renewable energy sector, various countries commit vastly different levels of support for renewable energy R&D. This paper addresses the question why this may be the case. Specifically, the objective is to analyse the determinants of government support to renewable energy R&D in the European Union (EU), and, in doing this, we devote particular attention to the question of whether the level of this support tends to converge or diverge across EU Member States. The investigation relies on a data set of 12 EU Member States and a bias-corrected dynamic panel data estimator. We test for the presence of conditional β-convergence, and the impacts of energy dependence and electricity regulation on government R&D efforts. The findings display divergence in terms of government support to renewable energy R&D, and this result is robust across various model specifications and key assumptions. The analysis also indicates that countries with a low energy-import dependence and deregulated electricity markets tend to experience lower growth rates in government renewable energy R&D. The paper ends by discussing some implications of the results, primarily from an EU perspective.

show abstract

Energy R&D towards Sustainability: A Panel Analysis of Government Budget for Energy R&D in OECD Countries (1974–2012)

Cited by 14 publications

References 47 publications

Measures to Promote Renewable Energy for Electricity Generation in Algeria

Measures to Promote Renewable Energy for Electricity Generation in Algeria

The Impact of R&D Expenditures on Corporate Performance: Evidence from Slovenian and World R&D Companies

Government support to renewable energy R&D: drivers and strategic interactions among EU Member States

Contact Info

Product

Resources

About