EVALUATION THE ROLE OF RENEWABLE ENERGY IN THE GROSS REGION PRODUCT DINAMIC IN THE USA

Abstract

The article is devoted to evaluation the influence of renewable energy consumption growth on regional product in the USA by state. Also we take into consideration the fact of electricity restructuring since the middle of 1990s for efficiency purposes. We attempted to assess influence of processes of the reform and changes in generating sector structure on the economic growth by the U.S. state. Methods of investigation used are cluster and panel data analyses. To make the analysis we used statistics for the period 2000 - 2014. Finally, we proved the significance of a share of renewables for the economic growth.

Keywords

• возобновляемые источники энергии
• реструктуризация электроэнергетики
• экономический рост
• renewables
• electricity restructuring
• economic growth