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 Dynamic Impacts of Economic Growth, Financial Globalization, Fossil Fuel, Renewable Energy, and Urbanization on Load Capacity Factor in Mexico

Sustainability, Journal Year: 2023, Volume and Issue: 15(18), P. 13462 - 13462

Published: Sept. 8, 2023

This study explores the interplay among economic growth, financial globalization, urbanization, fossil fuel consumption, and renewable energy usage their combined impact on load capacity factor in Mexico. research employs as a unique measure of ecological health, facilitating comprehensive ecosystem assessment by sequentially evaluating biocapacity effects. Using time series data spanning from 1971 to 2018, this Autoregressive Distributed Lag (ARDL) method analyze both long-term short-term dynamics cointegration. The findings reveal that usage, urbanization reduce Mexico’s factor, thereby diminishing environmental quality. In contrast, adoption sources influence globalization exhibit positive effects over long short term. These outcomes remain consistent even when compared with alternative estimation techniques, including dynamic ordinary least squares (DOLS), fully modified (FMOLS), canonical cointegrating regression (CCR). As priority, Mexican policymakers should accelerate transition sources, encourage sustainable urban development, foster more ecologically conscious agenda. Furthermore, promoting greener technologies can enhance mitigate degradation. Ultimately, Mexico establish an environment conducive expanding investments encouraging cross-border investments, enabling global trade services, cultivating greater integration capital markets.

Language: Английский

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Insights from BRICS-T economies on the impact of human capital and renewable electricity consumption on environmental quality

Scientific Reports, Journal Year: 2023, Volume and Issue: 13(1)

Published: March 31, 2023

Abstract This paper evaluates the impact of electricity consumption from renewable and nonrenewable sources on load capacity factor for BRICS-T nations using data 1990 to 2018. The used linear nonlinear autoregressive distributed lag (ARDL) approaches explore these associations. results Westerlund co-integration show long-run between independent variables. that energy human capital contribute sustainability environment, while consumption, economic growth, industrialization impede environmental sustainability. Similarly, effect LCF shows interesting findings. positive (negative) shift in increases ecological nations. Furthermore, Dumitrescu Hurlin panel causality gives credence both ARDL results. study suggests policy recommendations based

Language: Английский

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Environmental effect of clean energy research and development investments: Evidence from Japan by using load capacity factor

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 416, P. 137972 - 137972

Published: July 3, 2023

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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Does renewable energy proactively contribute to mitigating carbon emissions in major fossil fuels consuming countries?

Journal of Cleaner Production, Journal Year: 2024, Volume and Issue: 452, P. 142113 - 142113

Published: April 5, 2024

Language: Английский

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Spatial spillover effects of green technology innovation and renewable energy on ecological sustainability: New evidence and analysis

Sustainable Development, Journal Year: 2023, Volume and Issue: 32(3), P. 1743 - 1761

Published: Sept. 7, 2023

Abstract Rapid industrialization and modernization have drastically impaired ecological sustainability increased footprint (EFP). Despite the vital relevance of renewable energy (REC) green technological innovation (GTI), in many facets life, part played by these factors their spatial spillover effects exploring EU countries has yet to be well studied. Thus, using a panel econometric technique, this research investigates direct GTI REC on 20 selected nations between 1995 2018. First, empirical results affirm positive connection EFP across nations, implying that employing models can provide more trustworthy than traditional approaches. Second, both tend significantly promote domestic sustainability. Third, environmental quality benefit from high GTI, REC, human capital neighboring nations. Fourth, economic growth financial globalization (FG) negative significant effect quality. Other analyses indicated indirect FG is significant. With focus countries, paper assists policymakers developing comprehensive strategy for enhancing responsibility via technology innovation.

Language: Английский

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Asymmetric nexus between renewable energy, economic progress, and ecological issues: Testing the LCC hypothesis in the context of sustainability perspective

Gondwana Research, Journal Year: 2023, Volume and Issue: 129, P. 465 - 475

Published: July 13, 2023

Language: Английский

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Testing the impacts of renewable energy, natural resources rent, and technological innovation on the ecological footprint in the USA: Evidence from Bootstrapping ARDL

Resources Policy, Journal Year: 2023, Volume and Issue: 86, P. 104139 - 104139

Published: Sept. 23, 2023

Language: Английский

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The Impact of Fossil Fuels, Renewable Energy, and Nuclear Energy on South Korea’s Environment Based on the STIRPAT Model: ARDL, FMOLS, and CCR Approaches

Energies, Journal Year: 2023, Volume and Issue: 16(17), P. 6198 - 6198

Published: Aug. 25, 2023

This study intends to shed light on the environmental impacts of energy decisions in South Korea by analyzing correlation between consumption patterns and indicators such as carbon dioxide emissions. In 2021, global CO2 emissions increased 6%—to highest ever level 36.3 billion tons—according International Energy Agency (IEA). increase is a big problem for all countries around world. The aim this article an analyze impact fossil fuels, renewable energy, nuclear Korea’s environment based STIRPAT (stochastic regression population, affluence, technology) model. Exploring intricate nexus economic outcomes, employs model influence GDP, population dynamics, environment. yearly data from 1972 2021 are analyzed paper using autoregressive distributed lag (ARDL) reliability also examined employing FMOLS (fully modified ordinary least squares) CCR (canonical cointegrating regression) estimators. confirms findings previous research showing that rising GDP can lead higher strategy switching cut down Korea, it exhibits coefficient −0.085 *. robustness results CCR’s support baseline ARDL findings.

Language: Английский

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