Public awareness of renewable energy sources and Circular Economy in Greece

Abstract

Over the past decades, the penetration of renewable energy sources is growing at a significant pace on a global scale. In parallel, the utilization of renewables could possibly act as the basis for the transition to a Circular Economy, which aims to reduce the use of finite resources. Compared to other European countries, Greece has achieved a significant share of renewables in its' energy mix and in parallel promotes various policies aiming to accomplish zero-carbon emissions by 2050. An important element of this procedure is the broader acceptance of renewables by the public. This paper investigates this concept by capturing citizens’ view on renewable energy sources along with the overall concept of Circular Economy in Greece. By implementing a questionnaire analysis, empirical findings capture the intention of citizens to further develop and invest on renewable energy. Besides, our analysis identifies that as education level increases, the willingness to pay more for renewables and their acceptance from the public increases, as well. Finally, empirical findings indicate that Greek citizens are aware of the concept and the benefits arising from Circular Economy, yet additional efforts need to be addressed for the growth of this concept in Greece.