THE IMPACT OF ENERGY INNOVATION TRANSMISSION EFFICIENCY INDICATORS ON DECARBONIZATION INDICATORS IN THE ECONOMY
DOI:
https://doi.org/10.31891/mdes/2023-9-26Keywords:
decarbonization management, energy innovations, decarbonization indicators, carbon footprint, carbon budgetAbstract
The article is dedicated to assessing the efficiency of transmitting energy innovations in the context of decarbonization, which is the primary goal of reducing the carbon footprint worldwide. It explores the relationship between indicators reflecting the impact of energy innovations on reducing greenhouse gas emissions and facilitating the transition towards a sustainable, less carbon-intensive energy future. The authors examine key indicators of economic decarbonization and identify the influence of energy innovation development on these indicators. Through regression analysis, the article reveals the correlation between energy innovation indicators and decarbonization.
Additionally, the article discusses the potential methods of decarbonization for various economic sectors and provides an analysis of primary indicators applied to assess the level of decarbonization, such as the Environmental Performance Index (EPI), the Global Innovation Index (GII), the Global Patent Index (GPI), and the Renewable Energy Country Attractiveness Index (RECAI). Correlation links between these indicators were demonstrated based on the analysis of G7 countries.
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