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Policies targeting energy efficiency and renewable energy are sometimes viewed as more politically feasible than carbon pricing in pursuit of emission reduction goals. This paper assesses underlying drivers of energy policy development. These factors include economic, social, environmental, and institutional variables. The between estimator for panel data is an appropriate method for our focus on some exogenous variables that vary more across countries than over time. We find that larger oil reserves per capita have a negative relationship with renewable energy policy development. Education and political globalisation have strong positive relationships with both energy-efficiency and renewable-energy policy development. These results suggest that greater participation in global political groups can be an indirect approach toward energy policy development, in cases where direct and immediate policies are hard to implement. OECD countries have higher policy scores by 33 and 25 points in energy efficiency and renewable energy respectively. Blinder-Oaxaca decomposition analysis shows that these higher scores are primarily due to social and political institution predictors rather than economics and physical endowments. • Large-n cross country international sample on continuous policy score measurement. • Political globalisation is positively linked with renewables and energy efficiency policies. • Education is positively linked to energy policy development, especially for efficiency. • Higher OECD countries' policy scores are primarily due to social and political predictors. • Higher incomes are unlikely to lead to automatic improvements in energy policies. [ABSTRACT FROM AUTHOR]

Global warming, climate change, and resource depletion have forced us to reconsider energy usage and efficiencies over the last few decades. Residential and commercial buildings are both large energy consumers, so improving energy and material usage efficiency in this sector is a common research topic. According to a recent study, the Building Sector (BS) accounts for 40% of greenhouse gas emissions. The primary objective of this paper is to examine and assess the potential of Renewable Energy Systems (RES) and their combinations for enhancing energy efficiency in the BS. Specifically, the focus will be on converting low energy-efficient buildings into highly efficient ones. The potential of the RES and their combinations for the BS is evaluated based on payback durations, energy generation, and reduction of CO 2 emissions. The optimization flow charts for the RES, feasibility studies, commercialization road maps of energy storage systems and the necessity of control mechanisms for enhancing RES efficiency were discussed. Additionally, the technology drawbacks are discussed, along with various innovative techniques recommended to direct future study in this area. Finally, this article assists the audience clear idea in the selection of the right combination of potential RES based on different conditions to achieve deep decarbonization in BSs. • Buildings sector (BS) responsible for 40% of GHG emissions. • Study assesses potential of Renewable Energy System (RES) in BS. • RES evaluated on payback, energy generation, and CO 2 reduction. • Optimization, feasibility and commercialization studies were discussed. • Article recommends right RES combinations for deep decarbonization in BS. [ABSTRACT FROM AUTHOR]