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Impact of Bioenergy on Economic Growth and Development: An European Perspective
2023
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International Journal of Energy Economics and Policy
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Abstract The development of a country's economy depends heavily on its access to energy. It is extensively used in agriculture and related industries, including the production and delivery of fertilisers, pesticides, and farm equipment. This study investigated the impact of Bioenergy on economic growth and development in Europe with major focus on Greece. The study used a questionnaire to collect data from 400 professionals in the energy sector in Greece. The study showed that increased bioenergy production positively affects economic growth and development. It was established that there is a significant relationship between dependence on renewable and low-carbon energy systems and investing in sources of bioenergy positively affect economic growth and development. Households require bioenergy for heating, lighting, and cooking. Electricity, coal, petroleum, natural gas, uranium, and other fuels can all be used to produce energy. Bioenergy influences a state's economic performance and a good correlation with the level of innovation in the industry or with energy derived from natural gas. The article discusses the disparity in bioenergy use across nations as well as how they have changed during the investigated time. All of these factors lend credence to the advantages that bioenergy will bring about for the long-term growth of the bioeconomy. Production of bioenergy has the potential to significantly reduce climate change while long-term energy resource diversification is guaranteed. Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-05-17 How to Cite Kalogiannidis, S., Chatzitheodoridis, F., Kontsas, S., & Syndoukas, D. (2023). Impact of Bioenergy on Economic Growth and Development: An European Perspective. International Journal of Energy Economics and Policy, 13(3), 494–506. https://doi.org/10.32479/ijeep.14220 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 3 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Stavros Kalogiannidis, Fotios Chatzitheodoridis, Dimitrios Kalfas, Stamatis Kontsas, Ermelinda Toska , The Economic Impact of Russia’s Ukraine Conflict on the EU Fuel Markets , International Journal of Energy Economics and Policy: Vol. 12 No. 6 (2022) Make a Submission Make a Submission Dergi Kapağı

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International Journal of Energy Economics and Policy

Field :   Sosyal, Beşeri ve İdari Bilimler

Journal Type :   Uluslararası

Metrics
Article : 2.578
Cite : 3.970
2023 Impact : 0.22
International Journal of Energy Economics and Policy