The impact of environmental policy on renewable energy innovation: A systematic literature review and research directions

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dc.citation.volumeEarly View
dc.contributor.authorRastegar H
dc.contributor.authorEweje G
dc.contributor.authorSajjad A
dc.date.accessioned2024-06-27T03:02:20Z
dc.date.available2024-06-27T03:02:20Z
dc.date.issued2024-01-03
dc.description.abstractRenewable energy innovations are imperative to tackle the climate change crisis. However, there is a gap in the literature regarding the effectiveness of environmental policies in promoting renewable energy innovations. To bridge this gap, we have adopted a systematic literature review process covering the period from 2005 to 2023. We identified and analysed 29 articles in our final sample. Further, we employ two levels of analysis (individual-policy and policy-mix levels) for analysing the extant research. Our findings show that fiscal incentives and emissions trading policies such as the European Union (EU) Emissions Trading System (ETS) consistently promote renewable energy innovations. In contrast, the effectiveness of feed-in tariffs and quotas in supporting renewable energy innovations varies, reflecting diverse impacts across distinct regions and renewable energy technologies. Our analysis also suggests that combinations of various policy types can enhance innovation more effectively than individual policies. We contribute to the extant literature by developing a classificatory analysis of the effect of environmental policies on renewable energy innovations. Our review also provides research directions for future scholarship.
dc.description.confidentialfalse
dc.format.pagination1-18
dc.identifier.citationRastegar H, Eweje G, Sajjad A. (2024). The impact of environmental policy on renewable energy innovation: A systematic literature review and research directions. Sustainable Development. Early View. (pp. 1-18).
dc.identifier.doi10.1002/sd.2884
dc.identifier.eissn1099-1719
dc.identifier.elements-typejournal-article
dc.identifier.issn0968-0802
dc.identifier.urihttps://mro.massey.ac.nz/handle/10179/70038
dc.languageEnglish
dc.publisherERP Environment and John Wiley and Sons Ltd
dc.publisher.urihttps://onlinelibrary.wiley.com/doi/10.1002/sd.2884
dc.relation.isPartOfSustainable Development
dc.rights(c) 2024 The Author/s
dc.rightsCC BY-NC-ND 4.0
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectenvironmental policy
dc.subjectindividual-policy level
dc.subjectpolicy-mix level
dc.subjectrenewable energy innovation
dc.titleThe impact of environmental policy on renewable energy innovation: A systematic literature review and research directions
dc.typeJournal article
pubs.elements-id485391
pubs.organisational-groupOther
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