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Energies
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Future Acceptance of Renewable Energy System Economics and Policies
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Future Acceptance of Renewable Energy System Economics and Policies

A special issue of Energies (ISSN 1996-1073). This special issue belongs to the section "C: Energy Economics and Policy".

Deadline for manuscript submissions: closed (30 December 2024) | Viewed by 1816

Special Issue Editors

Prof. Dr. Jean Vasile Andrei

E-Mail Website
Guest Editor
Faculty of Economic Sciences, Petroleum-Gas University of Ploiesti, B-dul Bucuresti, No.39, 100680 Ploiesti, Romania
Interests: energy economics; economics and environment; sustainable development; open economy macroeconomics; resource productivity
Special Issues, Collections and Topics in MDPI journals
Prof. Dr. Gheorghe H. Popescu

E-Mail Website
Guest Editor
1. Dimitrie Cantemir Christian University, Splaiul Unirii 176, Bucharest, Romania
2. Center for Applied Macroeconomic Analysis at the American Association for Economic Research, 30-18 50th Street, Woodside, New York, NY 11377, USA
Interests: macroeconomics; labor economics and policies; economic governance; sustainable development
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

The transition from traditional fossil fuels to renewable energy systems is a significant challenge to which modern economies must adapt. The acceptance of renewable energy system economics and policies is based on the urgent need to address environmental challenges and ensure energy security; the economic benefits of creating new jobs and cost savings; technological advancements; and increasing public and policy support. Although obstacles exist, such as intermittency, initial costs, and the transition for fossil fuel-dependent sectors, these are being addressed through technological innovations, strategic policies, and supportive economic measures. The shift towards renewable energy is not only necessary for environmental sustainability but also presents significant opportunities for economic growth and energy security. As well as responding to environmental imperatives, it represents an opportunity for economic growth, innovation, and global leadership in the new energy landscape.

Considering a wide range of theories, synergies and trends, this Special Issue aims to establish a dedicated framework for future acceptance of renewable energy system economics and policies. It will focus on the main challenges and opportunities for future acceptance of renewable energy systems economics and policy. New theories, synergies, constraints and trends in the field will be explored.  Well-balanced theoretical and practical manuscripts on the acceptance of renewable energy system economics and policies are welcome.

Prof. Dr. Jean Vasile Andrei
Prof. Dr. Gheorghe H. Popescu
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Energies is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • advances in technological innovation and renewable energy systems
  • barriers to the adoption and promotion of renewable energy in contemporary economies
  • challenges and opportunities in renewable energy policy and economics
  • government subsidies and fiscal policies for developing renewable energy
  • industrial transition and renewable energy developments
  • policy frameworks for renewable energy pricing models
  • public–private partnerships and renewable energy development
  • renewable energy and the carbon neutrality goals
  • renewable energy, job creation and economic growth
  • renewable vs. non-renewable energy policies and constraints
  • social acceptance and the transition to renewable energy
  • sustainable business models for the renewable energy sector
  • other emerging topics related to future acceptance of renewable energy system economics and policies

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Further information on MDPI's Special Issue policies can be found here.

Published Papers (2 papers)

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Research

19 pages, 611 KiB  
Article
The Effect of Economic Freedom, Indicators of Financial Sector Development, Income and Education on Renewable Energy Use: An Empirical Analysis of Post-Transition EU Member States
by Gamze Sart, Yilmaz Bayar and Marina Danilina
Energies 2025, 18(5), 1179; https://doi.org/10.3390/en18051179 - 27 Feb 2025
Viewed by 143
Abstract
Fossil fuels are among the most crucial factors underlying global environment impairment through CO2 emissions. In addition to this, the globalized world has witnessed significant price volatility, instability and disruptions in the supply of fossil fuels. Therefore, renewable energy transition (RET) has [...] Read more.
Fossil fuels are among the most crucial factors underlying global environment impairment through CO2 emissions. In addition to this, the globalized world has witnessed significant price volatility, instability and disruptions in the supply of fossil fuels. Therefore, renewable energy transition (RET) has become a mandatory option for countries to tackle these environmental, economic, and energy insecurity problems in energy markets dominated by fossil fuels. But the RET process has remarkably slowed down in recent years due to increasing economic volatility, financial obstacles, geopolitical risks, and bottlenecks in the development of low-carbon technologies. In this regard, this study investigates the effect of market structure proxied by economic freedom and indicators of financial development, together with real GDP per capita and education, on the utilization of renewable energy in post-transition EU member states across the 2000–2021 duration by utilizing causality and cointegration tests. The outcomes of the causality analysis reveal a feedback relationship among renewable energy use, economic freedom, indicators of financial development, and real GDP per capita but a unilateral causality between education and renewable energy use. On the other hand, the outcomes of AMG estimation reveal a positive effect of economic freedom, real GDP per capita, and education on the utilization of renewable energy in some countries but a negative effect of financial institutions’ development on renewable energy use and mixed results on the effect of financial markets’ development regarding renewable energy use. Our results indicate that education is a significant instrument to make progress in renewable energy use via multiple channels, but governments should incentivize the financial system to support the RET process by favorable lending and sustainable finance instruments like green bonds or sustainability-linked loans. Full article
(This article belongs to the Special Issue Future Acceptance of Renewable Energy System Economics and Policies)
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16 pages, 1571 KiB  
Article
Preventive-Security-Constrained Optimal Power Flow Model Considering IPFC Control Modes
by Hui Cai, Chunke Hu and Xi Wu
Energies 2024, 17(7), 1660; https://doi.org/10.3390/en17071660 - 30 Mar 2024
Cited by 1 | Viewed by 1093
Abstract
The interline power flow controller (IPFC) is one of the most versatile integrated flexible alternating current transmission systems (FACTS) controllers and can realize power flow control for multiple transmission lines in modern power systems. However, control characteristics are ignored in conventional IPFC models, [...] Read more.
The interline power flow controller (IPFC) is one of the most versatile integrated flexible alternating current transmission systems (FACTS) controllers and can realize power flow control for multiple transmission lines in modern power systems. However, control characteristics are ignored in conventional IPFC models, in which unreasonable assumptions about injected voltages may lead to security problems in realistic operation. Besides, preventive security constraints considering IPFC control modes are not included in optimal power flow (OPF) control of the system with IPFC, squandering IPFC control potential. To solve these problems, a preventive-security-constrained optimal power flow (PSCOPF) model considering IPFC control modes is proposed in this paper. IPFC control characteristics under different control modes are analyzed and employed as constraints of the optimization model. The iterative updates of converter output voltages for different control modes are derived respectively for power flow calculation, and the power and voltages required in the objective function and constraints of the proposed model can then be obtained. Through optimal selection of IPFC control modes and control parameters, the proposed model can better reconcile the economical and secure operation of the system. Numerical results demonstrate the efficient performance and superiority of the PSCOPF model considering IPFC control modes. Full article
(This article belongs to the Special Issue Future Acceptance of Renewable Energy System Economics and Policies)
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