The Dynamics of R&D Expenditure, Renewable Electricity Production, and Economic Growth: A Comparative Analysis of Norway and Brazil
Journal Title: Journal of Sustainability for Energy - Year 2024, Vol 3, Issue 2
Abstract
In the quest to secure energy supply and mitigate dependence on imported fossil fuels, nations are diversifying into renewable energy sources (RES). This study investigates the impact of renewable electricity production on economic growth, alongside the interplay with research and development (R&D) expenditures, through a comparative lens focusing on Norway and Brazil—both pioneers in the renewable energy arena. Analysis incorporates per capita R&D expenditures to gauge the nexus between renewable energy initiatives and R&D investment, employing data spanning from 2003 to 2014. The investigation reveals a notable divergence between the two nations. In Norway, no significant link was identified between the volume of renewable energy produced and per capita R&D expenditures. Nonetheless, a causal connection between economic growth and R&D investment was observed, with a robust correlation suggesting a profound influence of economic expansion on R&D activities. Contrarily, Brazil's scenario delineates a unidirectional causal relationship where economic growth positively influences the renewable energy sector, with no discernible association between R&D expenditures per capita and economic growth. These findings underscore the variegated impacts of renewable energy policies and R&D investments on economic dynamics within the context of Norway and Brazil, highlighting the necessity for tailored approaches in leveraging renewable energy for sustainable development.
Authors and Affiliations
Bahman Huseynli, Nigar Huseynli
Keywords
Related Articles
- EP ID EP744300
- DOI https://doi.org/10.56578/jse030202
- Views 37
- Downloads 1
Enhancement of Building Thermal Performance: A Comparative Analysis of Integrated Solar Chimney and Geothermal Systems
A comparative investigation is conducted, employing Computational Fluid Dynamics (CFD) simulations to study two distinct room space configurations: one featuring a solar chimney and another integrating both a solar chimn...
An Italian Geoportal for Renewable Energy Communities
The development and implementation of a national geoportal designed to optimize the planning and management of integrated Renewable Energy Communities (RECs) is presented in this study. This innovative tool facilitates t...
Prediction and Assessment of Solar Radiation Intensity Shade Projection in Jayapura City, Indonesia: Optimisation of Solar Energy Utilisation
Jayapura City, Indonesia, presents significant potential for solar energy utilisation, driven by its high solar radiation levels. However, the presence of urban obstacles, such as buildings, trees, and varied topography,...
Experimental Exergy Analysis of Air Flow Through Micro Helical Tubes with Novel Geometries under Adiabatic Conditions
Helical microtubes are commonly used in micro-electronic cooling techniques and micro-heat exchangers because of the creation of secondary flows, which leads to greater temperature and velocity gradients. It is of great...
Mixed Combustion Characteristics of Various Biomass Particles
As a promising pollutant emission reduction technology, biomass mixed combustion has attracted widespread attention worldwide. This paper aimed to study the characteristics of biomass mixed combustion and temperature dis...