International Journal of Energy Economics and Policy,
Journal Year:
2024,
Volume and Issue:
14(4), P. 48 - 56
Published: July 5, 2024
This
study
aims
to
examine
the
Influence
of
Fossil
Fuel
Prices
on
and
Renewable
Electricity
Consumption,
GDP,
Inflation
Greenflation.
research
is
explanatory.
The
empirical
analysis
uses
time-series
data
Price,
Rate
GDP
in
Asia
Pacific
Countries
period
2016
–
2021.
inferential
statistical
method
used
analyse
this
component-based
using
SmartPLS
4.0.9.6.
results
study,
find
that
fossil
fuel
price
has
a
negative
significant
effect
electricity
consumption
renewable
consumption.
insignificant
Inflation.
positive
an
inflation
(Greenflation).
novelty
how
prices
have
its
impact
greenflation
