Modeling the Relationship Between Renewable Energy Consumption and Sustainable Development in Algeria

Abstract

The purpose of this study is to analyze and measure the role of renewable energies consumption in the achievement of sustainable development in Algeria from 1995 to 2019, employing an autoregressive model (VAR) based on the following economic variables: adjusted net savings as a measure to quantify sustainable development, renewable energies consumption REC, fixed capital K and labour force LF. The study concluded that the consumption of renewable energies has a negative and insignificant effect on adjusted net savings, and there's no causality between REC and ANS, He explained that renewable energies are ineffective in increasing the value of adjusted net savings and preserving environmental.

Keywords

• renewable energies consumption
• sustainable development
• autoregressive model (var)
• algeria