Cross-country comparison of renewable energy governance and market structure: Based on human development index and ecological footprint

Prahara Lukito Effendi, Budisantoso Wirjodirdjo*, Sitta Izza Rosdaniah

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The research aims to compare the governance of renewable energy and the market structure of various countries based on one of the sustainable development indicators, namely the Human Development Index (HDI) and Ecological Footprint (EF). This research uses a cross-country comparative study of previous studies that have discussed governance and market structure in developing renewable energy for electricity supply. The research found that the market structure and business model in the countries studied have a major influence on changes in sustainable development on the issue of renewable energy and electricity. The six countries are showing serious interest in developing renewable energy; regulatory constraints and investment availability are the main challenges. In the last two decades, the countries studied have shown significant differences in business models and market structure changes in the electricity system. From its beginning in the form of an absolute monopoly by the state, it has shifted to become more open and even liberal. Liberalization of electricity increased aggregate economic growth, and several countries recorded high carbon footprint values.

Original languageEnglish
Title of host publicationMSIE 2023 - 2023 5th International Conference on Management Science and Industrial Engineering
PublisherAssociation for Computing Machinery
Pages342-347
Number of pages6
ISBN (Electronic)9798400708381
DOIs
Publication statusPublished - 27 Apr 2023
Event5th International Conference on Management Science and Industrial Engineering, MSIE 2023 - Chiang Mai, Thailand
Duration: 27 Apr 202329 Apr 2023

Publication series

NameACM International Conference Proceeding Series

Conference

Conference5th International Conference on Management Science and Industrial Engineering, MSIE 2023
Country/TerritoryThailand
CityChiang Mai
Period27/04/2329/04/23

Keywords

  • Ecological Footprint
  • Electricity Market Structure
  • Human Development Index
  • Renewable Energy Governance
  • Sustainable Development

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