Research Information System
Energy Sources, Part B: Economics, Planning and Policy, vol.20, no.1, 2025 (SCI-Expanded, Scopus)
There is a global effort to phase out or reduce the use of polluting fuels and technologies for cooking, driven by their severe health, economic, and environmental consequences. Transitioning to cleaner fuels and cooking technologies is essential to address these challenges, but it requires effective energy policies and well-functioning financial systems. Despite this, there is limited empirical evidence on the role of renewable energy and financial development in facilitating this transition, particularly in the context of India. This study investigates the impact of renewable energy consumption, economic growth, and financial development on the adoption of clean cooking technologies in India, using data from 2000Q1 to 2021Q4. Advanced wavelet quantile-based estimators are employed to capture the relationships across different quantiles and time periods. The findings indicate that financial development, renewable energy consumption, and economic growth significantly improve access to clean cooking technologies. However, the magnitude of these positive effects varies across quantiles and time horizons. Based on these insights, the study proposes targeted policy recommendations to support the transition to cleaner cooking solutions.