Published August 3, 2026 | Version v1

IMPACT OF THE TRANSITION TO RENEWABLE SOURCES IN THE ENERGY SECTOR ON MACROECONOMIC STABILITY

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Abstract: This article examines the macroeconomic impacts of transitioning to renewable energy sources in the energy sector. The study analyzes how renewable energy adoption influences economic stability, energy security, employment, and investment flows. Emphasis is placed on policy measures, technological innovations, and financial incentives that support a sustainable energy transition while minimizing economic volatility. The findings indicate that countries adopting renewable energy experience enhanced macroeconomic resilience, reduced dependence on fossil fuels, and improved investment climate. The study concludes that the strategic integration of renewable energy into national energy systems is essential for achieving long-term economic stability, environmental sustainability, and inclusive growth.

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References

  • 1.International Energy Agency (IEA). Renewables 2023: Analysis and Forecasts for Global Energy Transition. IEA Publications, Paris, 2023.
  • 2.REN21. Renewables Global Status Report 2023: Towards a Sustainable Energy Future. REN21 Secretariat, Paris, 2023.
  • 3.World Bank. Clean Energy Investment and Macroeconomic Impacts. World Bank Group, Washington D.C., 2019.
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  • 5.IRENA. Renewable Energy and Jobs – Annual Review 2023. International Renewable Energy Agency, Abu Dhabi, 2023.