A thematic analysis of the factors that influence the development of a renewable energy policy

Abstract

A successful and just energy transition is subject to policies that adhere to a multi-dimensional approach to renewable energy development. To achieve success in renewable energy development, well-thought-out and efficient policies must be implemented. This paper aims to address a major shortcoming in renewable energy development in terms of understanding and recognising the policy space that promotes or hampers renewable energy growth. The paper examines the relevant literature to identify major themes and factors in renewable energy development. A thematic analysis was conducted using a hybrid inductive and deductive approach and resulted in the identification of 5 major themes namely Institutional, Environmental, Financial, Socio-cultural, Technical and 144 factors. The identified themes and factors will assist to make a policy action decisive, just, and sustainable. Recommendations including comprehensive incentivisation, regulatory support for renewable energy technologies in developing nations, environment impact assessment programs, promotion of financial transparency and opting for a just transition to benefit local and vulnerable communities.