Renewable Energy and Socio-Economic Transformation: Three Case Studies

Abstract

Portugal’s renewable energy transition plays a pivotal role in addressing climate change, enhancing energy security, and promoting sustainable development. This study examines the socio-economic impacts of renewable energy policies in Portugal from 2014 to 2022, with a focus on financial performance, employment trends, and gender equity. Utilizing financial assessments from the Orbis database and input–output analysis, the research examines three companies—EDP, E-Redes, and Logical Gravity—classified under NACE Rev. 2 code 3513. The study finds that investments in renewable energy improved profitability and solvency, especially during recovery phases, reflecting the sector’s financial resilience. Larger firms like EDP experienced employment growth, while smaller firms faced more volatility, highlighting the need for targeted support. Despite progress, gender disparities and pay gaps persist, underscoring the need for gender-sensitive policies. This research provides valuable insights for policymakers seeking to ensure a just and sustainable energy transition, emphasizing strategic investments, workforce adaptation, and inclusivity.