As a complement to previous studies related to geopolitical risk (GPRs) and renewable energy development, this study examines the impact of GPRs on renewable energy technology innovation in an attempt to reveal whether fluctuations in GPRs promote energy transition. The study finds that increased levels of GPRs will foster technological innovation in the renewable energy sector, most pronounced in the solar energy sector. Heterogeneity analysis showed that developed and non-OECD countries with less aggressive renewable policies see the most significant effects. The results from empirical analysis demonstrate that economic policy uncertainty could intensify the beneficial impact of GPRs on the development of renewable energy technology innovation. These findings confirm that the heightened GPRs globally could serve as new momentum for energy transition, providing some implications for policymakers and energy market investors to promote energy transition.

中文翻译：

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地缘政治风险会成为能源转型的新驱动力吗？可再生能源技术创新的实证研究


作为对先前与地缘政治风险 （GPR） 和可再生能源开发相关的研究的补充，本研究研究了 GPR 对可再生能源技术创新的影响，试图揭示 GPR 的波动是否促进了能源转型。研究发现，提高 GPR 水平将促进可再生能源领域的技术创新，其中太阳能领域最为明显。异质性分析表明，可再生能源政策不那么激进的发达国家和非经合组织国家的影响最为显著。实证分析结果表明，经济政策不确定性可能会加剧 GPR 对可再生能源技术创新发展的有益影响。这些发现证实，全球 GPR 的提高可以成为能源转型的新动力，为政策制定者和能源市场投资者促进能源转型提供一些启示。