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Regional Development Strategies And The Growth Of The Renewable Energy Sector: An Application Of Swot Methodology

Author

Listed:
  • Elena Cigu

    (Alexandru Ioan Cuza University of Iasi, Romania)

  • Anca Florentina Vatamanu

    (Alexandru Ioan Cuza University of Iasi, Romania)

Abstract

The current development strategies are oriented towards the development of the green economy, where the energy sector plays an important role. In this sense, including at the regional level, development strategies are being built that primarily support the growth of the renewable energy sector. Thus, strengthening the economic environment of regions in society should lead directly to economic growth. This paper focuses on regional development strategies and renewable energy consumption in the European countries. Firstly, the paper will present sustainability of regional development strategies and renewable energy consumption from the perspective of the literature. The second objective is to analyse the environment of the renewable energy sector of European countries at the regional level with the help of SWOT methodology. The analysis reveals a maturity of renewable energy sector in Sweden based on national and regional development strategies and a transition process of most of the European Union countries from the conventional energy to the renewable energy.

Suggested Citation

  • Elena Cigu & Anca Florentina Vatamanu, 2022. "Regional Development Strategies And The Growth Of The Renewable Energy Sector: An Application Of Swot Methodology," Management Strategies Journal, Constantin Brancoveanu University, vol. 58(4), pages 15-22.
    • Handle: RePEc:brc:journl:v:58:y:2022:i:4:p:15-22
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    More about this item

    Keywords

    regional development; strategy; growth; renewable energy; SWOT methodology;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • P18 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Energy; Environment
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • F68 - International Economics - - Economic Impacts of Globalization - - - Policy

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