Renewable Energy Financing during the COVID-19 Pandemic: Obstacles and Solutions
Renewable Energy Financing during the COVID-19 Pandemic: Obstacles and Solutions

Author(s): Mert Topcu
Subject(s): Energy and Environmental Studies, Socio-Economic Research
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Renewable energy financing; COVID-19
Summary/Abstract: The renewable energy industry, whose global market size was estimated at US$ 1030,95 billion in 2022, faced numerous obstacles including financing issues ranking at the top during the COVID-19 pandemic. Given the importance of the topic, this study addresses these obstacles as well as potential solutions to financing renewable energy during the COVID-19 outbreak. The study discusses that economic uncertainty, disruption of supply chains, reduced investor confidence, reduced demand for energy, and policy changes are among the major problems in renewable energy financing during the outbreak. The study also proposes global solutions in order to provide policy stability and a predictable policy environment.

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