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The Disjoint Between Stakeholders' and Voters' Positions on the Political Economy of Energy Policy

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  • Heshan Sameera Kankanam Pathiranage

Abstract

The formulation of policies on renewable energy is susceptible to conflicts of interest, which may paralyze the efficiency of the policies in driving sustainable development. A meta-analysis study was adopted to comprehensively explore the interplay between public interests and stakeholders' perceptions in the energy sector. Twenty-three studies will be selected following rigorous inclusion and exclusion criteria. The extracted data were also analyzed using HOMA and MARA. The study elucidated that the public is sensitive to procedural justice, distribution justice, placement, and trust. Conversely, stakeholders are devoted to ensuring energy autonomy and embracing renewable energy as a solution to the climatic issues associated with fossil fuels. If the interests of the two parties are harmonized, feasible policies that will be deemed acceptable by the public will be formulated.

Suggested Citation

  • Heshan Sameera Kankanam Pathiranage, 2022. "The Disjoint Between Stakeholders' and Voters' Positions on the Political Economy of Energy Policy," Business and Economic Research, Macrothink Institute, vol. 12(4), pages 183-210, December.
    • Handle: RePEc:mth:ber888:v:12:y:2022:i:4:p:183-210
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    References listed on IDEAS

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    1. Liu, Wenling & Wang, Can & Mol, Arthur P.J., 2013. "Rural public acceptance of renewable energy deployment: The case of Shandong in China," Applied Energy, Elsevier, vol. 102(C), pages 1187-1196.
    2. Anca Mehedintu & Mihaela Sterpu & Georgeta Soava, 2018. "Estimation and Forecasts for the Share of Renewable Energy Consumption in Final Energy Consumption by 2020 in the European Union," Sustainability, MDPI, vol. 10(5), pages 1-22, May.
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    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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