Mert Topcu – Alanya Alaaddin Keykubat University, Department of Economics, 07425 Alanya, Antalya, Turkey
Keywords: Renewable energy financing;
COVID-19
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.
9th International Scientific ERAZ Conference – ERAZ 2023 – Conference Proceedings: KNOWLEDGE BASED SUSTAINABLE DEVELOPMENT, hybrid – online, virtually and in person, Prague, Czech Republic, June 1, 2023
ERAZ Conference Proceedings published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia
ERAZ conference partners: Faculty of Logistics, University of Maribor, Maribor (Slovenia); University of National and World Economy – UNWE, Sofia (Bulgaria); Center for Political Research and Documentation (KEPET), Research Laboratory of the Department of Political Science of University of Crete (Greece); Institute of Public Finance – Zagreb (Croatia); Faculty of Tourism and Hospitality Ohrid, University of St. Kliment Ohridski from Bitola (North Macedonia)
ERAZ Conference 2023 Conference Proceedings: ISBN 978-86-80194-72-1, ISSN 2683-5568, DOI: https://doi.org/10.31410/ERAZ.2023
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.
Suggested citation
Topcu, M. (2023). Renewable Energy Financing during the COVID-19 Pandemic: Obstacles and Solutions. In V. Bevanda (Ed.), ERAZ Conference – Knowlegde Based Sustainable Development: Vol 9. Conference Proceedings (pp. 43-47). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/ERAZ.2023.43
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