Abstract

This study investigates the determinants of renewable energy production in ASEAN countries, focusing on the factors influencing the transition to sustainable energy sources in the region. By utilizing the panel data from 2000 to 2020 with Pooled OLS, Random Effect model and Fixed Effect model, the research explores the explainatories of renewable energy production in ASEAN. The findings reveal that renewable energy consumption, economic growth and FDI have a positive and significant relationship with renewable energy production, while trade openness and urbanization have significant association with REP. It suggests the importance of suitable policy design to support renewable energy production in ASEAN, emphasizing the role of government-backed energy policies. Overall, this research contributes valuable insights for policymakers and stakeholders in the renewable energy sector, offering guidance for promoting sustainable energy practices and addressing climate change challenges in ASEAN countries.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.