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Abstract

Renewable energy is a key component of global energy transitions. To better identify its dynamics, this study constructs a composite index to measure countries’ renewable energy transition potential. Based on two decades of academic research, we identify 45 main enabling factors of the renewable energy transition. We classify these factors into seven subindices: economic factors, financial development, human capital, energy access, energy security, environmental sustainability and institutional infrastructure. We then aggregate the subindices into a composite index, which we call the renewable energy transition potential index. This index and its subindices are available for 149 countries for the period from 1990 to 2018.

Authors

Fatih Yılmaz

Senior Research Associate Dr. Yilmaz is a senior research associate in the Energy Transitions and Electric Powerprogram. His current research agenda aims to… Dr. Yilmaz is a senior research associate in the Energy Transitions and Electric Powerprogram. His current research agenda aims to enhance our understanding of the financial and economic consequences of the global energy transition towards renewables, and to design effective policies to balance financial risks and growth prospects. Prior to joining KAPSARC, Dr. Yilmaz had worked as an economist in the Structural Economic Research Department of the Central Bank of the Republic of Turkey, where he actively involved in the research and the design of policies for the private and banking sectors. He had also worked as a consultant for the World Bank and took responsibilities in various consulting projects for the Canadian and Turkish Governments. As an academic, he had spent a year as an assistant professor at the ADA University and worked as a graduate assistant at the University of Calgary and at the Western Illinois University, where he had taught several courses in economics and econometrics. Dr. Yilmaz has authored various academic and policy articles, and book chapters in the past. He has involved in the organization of conferences and workshops, and acted as a referee for many academic journals.

Expertise

  • Sustainable Finance and Investment
  • Applied Banking and Finance
  • Corporate Taxation
  • Public Economics and Applied Micro-Econometrics

Publications See all Fatih Yılmaz’s publications

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