New insights from the STIPART model on how environmental-related technologies, natural resources and the use of the renewable energy influence load capacity factor

Gondwana Research, Journal Year: 2023, Volume and Issue: 129, P. 398 - 411

Published: June 7, 2023

Language: Английский

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The role of disaggregated renewable energy consumption on income and load capacity factor: A novel inclusive sustainable growth approach

Geoscience Frontiers, Journal Year: 2023, Volume and Issue: 15(1), P. 101693 - 101693

Published: Aug. 16, 2023

Stimulating renewable energy consumption is a major focus of the Sustainable Development Goals in combating climate change and global warming. The International Energy Agency estimates that should be doubled to achieve COP21 targets. In this context, question whether types promote improvement ecological quality economic growth. Most studies have investigated influence on pollution using carbon dioxide emissions or footprint indicators, which only represent caused by human patterns, these indicators neglect supply side. Motivated point, study uses LCF (Load Capacity Factor) as an environmental indicator examines causality relationship among different energy, income, USA, while also incorporating employment capital stock into analysis. Through Fourier test with wavelet-decomposed series, explores for validity energy-based growth hypothesis answers there causal effect quality. results demonstrate bidirectional between total wood, biomass, well LCF.

Language: Английский

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Do investments in green energy, energy efficiency, and nuclear energy R&D improve the load capacity factor? An augmented ARDL approach

Geoscience Frontiers, Journal Year: 2023, Volume and Issue: 15(4), P. 101646 - 101646

Published: June 10, 2023

Renewable energy, energy efficiency, and nuclear research development (RER, EER, NER) budgets are immensely important to fulfill sustainable goals 7, 9, 13, by accelerating innovation, transition, climate control. The literature on the drivers of load capacity factor (LCF), a recently developed ecological quality measure, is mounting; however, roles investments in LCF largely unknown. Accordingly, this study assesses impacts RER, NER, financial globalization (FIG) using data from 1974 2018 for Germany. Advanced reliable time series tests (Augmented ARDL, DOLS, Fourier causality) adopted analyze cointegration, long-run impacts, causal connections. outcomes unveil that both green efficiency R&D promote enhancing quality. However, positive impact NER found be weaker than RER EER. FIG curbs degradation expanding LCF. Additionally, U-shaped connection between economic growth (ECG) confirms curve. Therefore, policymakers should focus EER preserve environment growth.

Language: Английский

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Can green resource productivity, renewable energy, and economic globalization drive the pursuit of carbon neutrality in the top energy transition economies?

International Journal of Sustainable Development & World Ecology, Journal Year: 2023, Volume and Issue: 30(7), P. 745 - 759

Published: April 2, 2023

ABSTRACTThis research explores the role of green resource productivity, renewable energy, economic globalization, and growth towards advancing pursuits decarbonization in top energy transition economies. This study achieves this objective by adopting both asymmetric symmetric econometric methods for period between 1990 2021. adopted Method Moments Quantile Regression (MMQR) to uncover effect regressors on carbon emissions. The MMQR results suggest that all quantiles, globalization mitigate CO2 emissions, while induces Additionally, robustness analysis, we disaggregated into trade financial investigated their roles achieving decarbonization. We uncovered mitigates emissions at but lower middle Moreover, estimation, following estimators: Fixed Ordinary Least Square, Fully Modified Dynamic Square estimators were employed study. Their outcome corroborated findings MMQR. For Granger causality inference, suggests there is a bi-directional Furthermore, find feedback association one-way causal interconnection detected from globalization. flowing Finally, an unidirectional interaction Consequently, research's provide applicable policy.KEYWORDS: Energy transitionDecarbonizationeconomic yresources productivitygreen resources productivityfinancial globalizationRenewable Disclosure statementNo potential conflict interest was reported authors.Availability dataData readily available request corresponding author.Authors ContributionAll authors contributed equally final manuscript.Ethical ApprovalAll ethical practices standards have been observed during writing study.Additional informationFundingThere no specific support provided

Language: Английский

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Effect of income, energy consumption, energy prices, political stability, and geopolitical risk on the environment: Evidence from GCC countries by novel quantile-based methods

Energy & Environment, Journal Year: 2023, Volume and Issue: unknown

Published: July 27, 2023

This research investigates the effects of income, total energy consumption (TEC), price index (EPI), crude oil (COP), political risk (PRI), and geopolitical (GPR) on environmental degradation. In this context, study includes five Gulf Cooperation Council (GCC) countries, which are mainly oil-rich have high fossil fuel with increasing degradation; considers monthly data from 2000/1 to 2021/12, deploys novel quantile-based methods. The outcomes demonstrate that (i) an increase in TEC, EPI stimulates degradation all GCC countries; (ii) PRI, COP, GPR mixed (iii) a causal effect regressors CO 2 emissions exists quantiles except for some middle (0.45–0.55) higher (0.95); (iv) power vary according (v) consistency results is validated based robust model. findings reveal generally harmful environment but, effects. methods underline significance stability as non-economic non-energy factors by demonstrating varying countries. Accordingly, various policies, such focusing stability, benefitting leverage, enabling transition clean energy, discussed.

Language: Английский

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Navigating the Impact of Renewable Energy, Trade Openness, Income, and Globalization on Load Capacity Factor: The Case of Latin American and Caribbean (LAC) Countries

International Journal of Energy Research, Journal Year: 2023, Volume and Issue: 2023, P. 1 - 14

Published: March 31, 2023

Considering relatively high but recently decreasing environmental quality in the LAC countries with regard to world, this study uncovers progress of quality, which is proxied by load capacity factor (LCF). In context, considers renewable energy, trade openness, income, and globalization as explanatory indicators; uses data from 1990 2018; applies pooled mean group autoregressive distributed lag (PMG-ARDL) approach main model; performs panel Toda-Yamamoto (PTY) causality test robustness model. This important because have ecological reserves, whereas many an deficit. For reason, investigation has significance for world. Also, novelty terms examining using LCF quality. The results present that (i) energy improving impact on both short run long run; (ii) openness a stimulating (iii) however, economic growth degrading run. Hence, it can be drawn critical preserving developing line empirical findings, proposed should utilize effectively, improve volume through increase technology import, expand use foreign activities. Thus, effective policies promote achievement sustainable development goals (SDGs) countries.

Language: Английский

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Environmental reverberations of geopolitical risk and economic policy uncertainty resulting from the Russia-Ukraine conflict: A wavelet based approach for sectoral CO2 emissions

Environmental Research, Journal Year: 2023, Volume and Issue: 231, P. 116034 - 116034

Published: May 2, 2023

Language: Английский

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Impacts of renewable energy, trade globalization, and technological innovation on environmental development in China: Evidence from various environmental indicators and novel quantile methods

Environmental Development, Journal Year: 2023, Volume and Issue: 48, P. 100923 - 100923

Published: Aug. 31, 2023

Language: Английский

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Investigation of the effect of natural resource dependence on environmental sustainability under the novel load capacity curve hypothesis

International Journal of Sustainable Development & World Ecology, Journal Year: 2023, Volume and Issue: 31(4), P. 431 - 446

Published: Dec. 25, 2023

The concern that over-depleting natural resources (NAT) may somehow be costly for environmental quality is a recurrent topic in empirical analysis. However, the literature has predominantly focused on studying effects of increases NAT use environment, ignoring potential non-linear interactions. current study seeks to expand previous by examining ramifications Russia, home one world's richest resource reserves. In this regard, adopting load capacity factor (LCF) as an indicator, examines how positive and negative changes affect country's well-being within framework N-ARDL model 1992–2021. This uses artificial intelligence unit root asymmetric Fourier causality approach robustness Empirical evidence suggests shocks have deleterious influence LCF, while contribute well-being. Nonetheless, long-term shock decreases LCF greater amount than it. results also demonstrate 'U-shaped' connection between income growth ecological well-being, confirming validity LCC hypothesis. Furthermore, outcomes reveal renewable energy consumption human capital upgrade quality. Therefore, Russian policymakers should focus SDG 7, 12, 13 targets, which refer substantially increasing primary secondary education, share green total mix, effective management utilization.

Language: Английский

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How green-technology, energy-transition and resource rents influence load capacity factor in South Africa

International Journal of Sustainable Energy, Journal Year: 2024, Volume and Issue: 43(1)

Published: Feb. 2, 2024

Climate change is gradually rising to a level that portends an existential threat humanity. Nevertheless, environmental modellers, particularly in South Africa, still rely on restrictive quality metrics for policy insights. Here, comprehensive metric (load capacity factor [LCF]) captures both the demand and supply sides of qualities was activated. With dataset (1970–2018), estimates autoregressive distributive lag quantile-ARDL underscored varied effects selected factors LCF. It unravelled green-technology significantly improved LCF only at upper quantile but remained ineffective afterwards. Notably, substantially some quantiles following transition clean energy. Resource rents promoted partially middle towards lower distributions. Economic growth within quantiles, whereas it minimised quantiles. We have provided relevant insights therein.

Language: Английский

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