What is it about?
Preponderance of industrial states is completely dependent on energy to fuel their economies. Besides, globalization has made the world to be so interconnected and interdependent that the energy industry is the biggest contributor of the climate change which doesn't affect a single country but have far wider implications. The growing awareness of the security of energy supply and climate change challenges associated with fossil fuels has triggered countries around the globe to find alternative energy resources. As a post-soviet country, the economy of the Azerbaijan Republic significantly based on oil production which is the biggest threat to sustainable energy development.
Why is it important?
In this regard, the principal purpose of this research is to explore the sustainable energy development in Azerbaijan through the transition to renewable energy and propose appropriate measures for policy framework.
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This page is a summary of: Review of energy-growth nexus: A panel analysis for ten Eurasian oil exporting countries, Renewable and Sustainable Energy Reviews, June 2017, Elsevier, DOI: 10.1016/j.rser.2017.01.140.
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