The nexus between energy legislation, energy transition, and energy resilience: Evidence from 55 countries worldwide

Abstract

It has become a global concern as to whether or not energy legislation can accelerate energy transition and enhance national energy resilience. This study aims to explore the relationship between energy legislation, energy transition, and energy resilience globally, using various econometric methods. The results indicate that, in the short term, energy legislation and energy transition have no significant impact on energy resilience. In the long term, for every one-unit increase in the cumulative amount of energy legislation, energy resilience increases by 0.0022234 units, and for every one percentage point increase in energy transition, energy resilience rises by 0.0009812 units. Given that the value of energy resilience ranges from 0 to 1, this suggests that an increase in both the amount of energy legislation and the degree of energy transition has a positive effect on boosting energy resilience over the long term to some extent. The results of the mechanism analysis indicate that an increase in the amount of energy legislation can facilitate the energy transition, thereby enhancing energy resilience. Our findings have important theoretical implications and provide practical guidance for improving energy resilience by enhancing energy legislation and facilitating energy transition.