Citation
Abstract
The 2009 National Renewable Energy Action Plan (NREAP) required EU member states to introduce incentive mechanisms aimed at promoting IPR in offshore solar development. The primary objectives were to increase the proportion of offshore solar energy in the overall energy mix and to reduce environmental pollution. The study utilizes a heterogeneous timing difference-in-differences model, drawing on panel data from 27 EU countries covering the period from 1990 to 2023. This approach enables an assessment of how effective NREAP implementation has influenced offshore solar IPR and its subsequent impact on marine environments and ecosystems. Policy implementation in Western EU countries has had a notably positive effect on the advancement of offshore solar IPR and, as a result, on marine protection. In contrast, Central and Eastern EU states have experienced less pronounced benefits from similar policy measures. The validity of these findings is supported by a placebo test, confirming the robustness of the results. The study concludes by offering recommendations to enhance the competitiveness of offshore solar power projects across the EU. Strengthening IPR frameworks and ensuring consistent policy implementation are identified as key steps toward achieving broader adoption and improved environmental outcomes.
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Additional Metadata
| Item Type: | Article |
|---|---|
| Subject: | Economics, Econometrics and Finance (all) |
| Divisions: | Institute of Tropical Agriculture and Food Security School of Business and Economics |
| DOI Number: | https://doi.org/10.1515/econ-2025-0194 |
| Publisher: | Walter de Gruyter GmbH |
| Keywords: | blue economy; IPR; marine ecosystem; marine environment; offshore solar power |
| Sustainable Development Goals (SDGs): | SDG 7: Affordable and Clean Energy, SDG 13: Climate Action, SDG 14: Life Below Water |
| Depositing User: | Ms. Siti Radziah Mohamed@mahmod |
| Date Deposited: | 11 Aug 2026 01:56 |
| Last Modified: | 11 Aug 2026 01:56 |
| Altmetrics: | http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.1515/econ-2025-0194 |
| URI: | http://psasir.upm.edu.my/id/eprint/127739 |
| Statistic Details: | View Download Statistic |
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