The Effects of Foreign Direct Investment and Technological Innovation on Renewable Energy Consumption Under Varying Market Conditions in the EU

Energies, Journal Year: 2025, Volume and Issue: 18(6), P. 1353 - 1353

Published: March 10, 2025

The transition to renewable energy is a critical priority for the European Union. However, roles of foreign direct investment and technological innovation in shaping consumption remain unclear. This study examines their joint influence across 20 Union countries from 2013 2023, employing Method Moments Quantile Regression capture varying effects under different market conditions. findings reveal that consistently enhances consumption, strengthening its impact 0.298 10th 0.488 90th quantile, particularly economies with robust infrastructure. FDI negatively affects all quantiles, coefficients ranging −0.00000228 −0.00000324, suggesting investments may not always align clean goals. Additionally, inflation positively influences implying rising prices drive shift toward renewables, while economic growth initially increases fossil fuel reliance before transitioning cleaner sources. study’s results emphasise need strong policy interventions ensure aligns goals continues adoption.

Language: Английский

Revalidating the Divine Coincidence Hypothesis in OECD and the Role of Renewable Energy Technology: A Quantile Regression Approach

Published: Jan. 1, 2024

Language: Английский