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The political economy of renewable energies

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Cadoret, Isabelle ; Padovano, Fabio

Condorcet Center for Political Economy, Rennes

Université de Rennes I - Rennes

2015

31 p.

energy policy ; government policy ; political aspect ; renewable resources

EU countries

Working Paper

01-2015

Energy

http://www.condorcet-center.fr

English

Bibliogr.

"This paper empirically analyzes how political factors affect the deployment of renewable energy (RE) sources and compares it to other economic, energy and environmental drivers that have received greater attention in the literature so far. The sample encompasses the EU countries bound to attain the target of 20% share of gross final energy consumption by 2020. The panel data analysis shows that lobbying by the agricultural industry negatively affect RE deployment, whereas standard measures of government quality show a positive effect; furthermore left-wing parties promote the deployment of RE more than right wing ones, but this effect is reduced when the governing coalition is highly concentrated. Among the control variables, economic growth shows a positive impact on RE deployment."

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