Assessing the impact of extreme climate events on the global renewable energy market.

ABSTRACT: Renewable energy is pivotal in addressing climate challenges, thereby requiring the systematic quantification of how extreme climate events affect market stability and resilience. Through global analysis, this study demonstrates that 74.51% of extreme climate events exert statistically significant impacts on renewable energy market. Regional analysis reveals that disasters in Asia and Europe have widespread and significant impacts on the renewable energy market, while Americas' events elicit the swiftest market response. It also underscores the heightened significance and severity of impacts when disasters unfold in major renewable energy-producing countries. Moreover, the compounding effect of multiple climate events further amplifies their influence on the renewable energy market, with a

SUBMITTER: Shen S 

PROVIDER: S-EPMC12274797 | biostudies-literature | 2025 Jul

REPOSITORIES: biostudies-literature