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Conference Agenda

Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).

Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:49:58am WEST

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Daily Overview

Session

Thematic Session: Low-Carbon Transitions in Asia (Streaming)
Location: B008
Session Chair: Jeong Won Kim, Energy Studies Institute, National University of Singapore
Session Chair: Roger Fouquet, National University of Singapore

Presentation 3

Renewable Energy and Energy Efficiency: Contrasting Pathways to Economic Growth and Energy Security

Hyemin Lee¹, Yoonhee Ha¹, yongsung Cho²

1: Graduate School of Energy and Environment (KU-KIST Green School), Korea University, Korea, Republic of (South Korea); 2: Department of Food and Resource Economics, Korea University, Korea, Republic of (South Korea)

This study examines the structural effects of renewable energy and energy efficiency on economic growth and energy security using a panel of OECD countries over the period 1990–2021. Building on existing structural equation model (SEM)-based studies that examine indirect pathways through household consumption, capital formation, and the trade balance, this paper extends the framework by explicitly incorporating energy security as an additional variable. The empirical results indicate that both renewable energy and energy efficiency influence economic growth primarily through indirect pathways, but different transmission channels. Renewable energy follows an investment-driven pathway and energy efficiency operates through cost-reduction mechanisms. Moreover, energy efficiency contributes to enhanced energy security by lowering fossil fuel import dependence, whereas the effects of renewable energy on energy security are less straightforward and appear to be shaped by structural and temporal factors.