Renewable energy sources in the context of sustainable economic growth: An assessment on the European Union (EU) and Turkey case

Energy is one of the indispensable elements of life. Throughout history, humanity has always been dependent on energy, even establishing residential areas in regions close to energy sources. However, the energy resources that have been ongoing for centuries and presented for the use of mankind are inadequate to meet demands due to unconscious use and also the rapidly increasing world population. In this context, renewable energy sources gain importance. The trend towards renewable energy sources from traditional energy sources is preferred both in the context of environmental impacts and provides the sustainability of countries' economic growth performances. Countries that are outsourced to fossil sources are subject to high inflationary pressures in the case of possible price increases, which disrupts economic stability. This thesis contributes to the sustainability of economic growth in the use of renewable energy sources the European Union (EU) and the axis of Turkey were discussed.