Pub Date : 2023-05-21DOI: 10.1080/15567249.2023.2215260
Mina Masoomi, M. Panahi, Amir Moradihamedani
ABSTRACT Energy loss is one of the significant challenges in the Electric power industry and demands severe reduction methods. Therefore, this article aimed to illustrate the energy-saving in Iran using Long-Range Energy Alternative Planning model for sustainable development in developing countries. The scenarios, such as the reference scenario, the transmission and distribution losses reduction scenario, and efficiency improvement and losses reduction scenario, are also evaluated in this article, along with their impact on fuel consumption in Iran’s thermal power plants. The results for power plants, fuel consumption in Reference, Transmission and Distribution Losses Reduction, and (Efficiency Improvement and Losses Reduction) scenarios were estimated at 260.6, 223.0, and 110.3 Bcm for 2040. According to the fuel type, the fuel consumed in power plants is −37.5 Bcm in the case of the Reference scenario compared with the Transmission and Distribution Losses Reduction scenario. In addition, fuel consumed in power plants is −131.5 Bcm in the case of the Reference scenario compared with the Ideal Efficiency scenario as 131.5 Bcm would be saved based on the fuel type. The savings will increase as 2040 draws closer. Also, the saved fuel by the Reference scenario was 150.2 Bcm compared to the efficiency improvement and losses reduction scenario for the final year.
{"title":"Energy-saving mechanisms for evaluating efficiency improvement and losses reduction scenarios in the thermal power plants sector of Iran","authors":"Mina Masoomi, M. Panahi, Amir Moradihamedani","doi":"10.1080/15567249.2023.2215260","DOIUrl":"https://doi.org/10.1080/15567249.2023.2215260","url":null,"abstract":"ABSTRACT Energy loss is one of the significant challenges in the Electric power industry and demands severe reduction methods. Therefore, this article aimed to illustrate the energy-saving in Iran using Long-Range Energy Alternative Planning model for sustainable development in developing countries. The scenarios, such as the reference scenario, the transmission and distribution losses reduction scenario, and efficiency improvement and losses reduction scenario, are also evaluated in this article, along with their impact on fuel consumption in Iran’s thermal power plants. The results for power plants, fuel consumption in Reference, Transmission and Distribution Losses Reduction, and (Efficiency Improvement and Losses Reduction) scenarios were estimated at 260.6, 223.0, and 110.3 Bcm for 2040. According to the fuel type, the fuel consumed in power plants is −37.5 Bcm in the case of the Reference scenario compared with the Transmission and Distribution Losses Reduction scenario. In addition, fuel consumed in power plants is −131.5 Bcm in the case of the Reference scenario compared with the Ideal Efficiency scenario as 131.5 Bcm would be saved based on the fuel type. The savings will increase as 2040 draws closer. Also, the saved fuel by the Reference scenario was 150.2 Bcm compared to the efficiency improvement and losses reduction scenario for the final year.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":"22 1","pages":""},"PeriodicalIF":3.9,"publicationDate":"2023-05-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72831330","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-05-19DOI: 10.1080/15567249.2023.2214906
K. Abbasi, M. Oyebanji, Derviş Kırıkkaleli
ABSTRACT Iceland aims to achieve carbon neutrality by 2040 and to cut carbon emissions by 40% by 2030 under the Paris Agreement. Iceland’s major policy instrument for reaching its emissions reduction and carbon neutrality objectives is a Climate Action Plan, which was amended in 2020 and included 48 initiatives. Therefore, the research investigates the impact of carbon intensity, economic growth, globalization, and energy productivity on consumption-based emissions in Iceland from 1995Q1 to 2019Q4. The Fourier Autoregressive Distributed Lag Model (FARDL) is used in this study to investigate the ramifications of a long-term association. Long-run estimations demonstrate that Iceland’s environmental quality is deteriorating due to carbon intensity and economic development. It implies that increasing the carbon intensity and economic growth is environmentally damaging. Furthermore, economic expansion has a significant impact on environmental sustainability. Increased energy production also decreases consumption-based emissions, which contributes significantly to Iceland’s sustainable environment. Globalization has a positive and significant influence. A 1% rise in globalization, in particular, enhances consumption-based emissions over time. The finding is crucial for policy preferences and might be used to implement robust policy measures to address environmental challenges.
{"title":"CO2 intensity of GDP, energy productivity and environmental degradation in Iceland: evidence from novel Fourier based estimators","authors":"K. Abbasi, M. Oyebanji, Derviş Kırıkkaleli","doi":"10.1080/15567249.2023.2214906","DOIUrl":"https://doi.org/10.1080/15567249.2023.2214906","url":null,"abstract":"ABSTRACT Iceland aims to achieve carbon neutrality by 2040 and to cut carbon emissions by 40% by 2030 under the Paris Agreement. Iceland’s major policy instrument for reaching its emissions reduction and carbon neutrality objectives is a Climate Action Plan, which was amended in 2020 and included 48 initiatives. Therefore, the research investigates the impact of carbon intensity, economic growth, globalization, and energy productivity on consumption-based emissions in Iceland from 1995Q1 to 2019Q4. The Fourier Autoregressive Distributed Lag Model (FARDL) is used in this study to investigate the ramifications of a long-term association. Long-run estimations demonstrate that Iceland’s environmental quality is deteriorating due to carbon intensity and economic development. It implies that increasing the carbon intensity and economic growth is environmentally damaging. Furthermore, economic expansion has a significant impact on environmental sustainability. Increased energy production also decreases consumption-based emissions, which contributes significantly to Iceland’s sustainable environment. Globalization has a positive and significant influence. A 1% rise in globalization, in particular, enhances consumption-based emissions over time. The finding is crucial for policy preferences and might be used to implement robust policy measures to address environmental challenges.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":"84 1","pages":""},"PeriodicalIF":3.9,"publicationDate":"2023-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74579713","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-05-19DOI: 10.1080/15567249.2023.2214917
F. C. Onuoha, S. K. Dimnwobi, K. Okere, Chukwunonso S. Ekesiobi
ABSTRACT Given that the development of renewable energy is regarded as a sustainable alternative to the realization of environmental quality, it is not surprising that the discussion of the sustainability of the world’s energy sources continues to expand. While renewable energy has a negligible impact on environmental degradation, developing regions like sub-Saharan Africa (SSA) is restricted by the capital-intensive investment requirements of the burgeoning renewable energy market. To explore the significance of available funding sources on renewable energy development in the region, this study investigates the influence of public debt on renewable energy consumption (REC) in a panel of 29 SSA countries, in full and sub-regional categorizations. A combination of the instrumental variable generalized method of moment (IV-GMM) approach and the two-stage least squares estimator was applied to achieve the goal of the study. Overall, our findings indicate that public debt, carbon emission, financial development, and economic growth exert a negative and significant linkage with renewable energy, while urbanization has a positive and significant influence. Aware of the study findings, appropriate policy prescriptions are proposed to improve the debt-financed funding for the development of the renewable energy sector in SSA.
{"title":"Sustainability burden or boost? examining the effect of public debt on renewable energy consumption in Sub-Saharan Africa","authors":"F. C. Onuoha, S. K. Dimnwobi, K. Okere, Chukwunonso S. Ekesiobi","doi":"10.1080/15567249.2023.2214917","DOIUrl":"https://doi.org/10.1080/15567249.2023.2214917","url":null,"abstract":"ABSTRACT Given that the development of renewable energy is regarded as a sustainable alternative to the realization of environmental quality, it is not surprising that the discussion of the sustainability of the world’s energy sources continues to expand. While renewable energy has a negligible impact on environmental degradation, developing regions like sub-Saharan Africa (SSA) is restricted by the capital-intensive investment requirements of the burgeoning renewable energy market. To explore the significance of available funding sources on renewable energy development in the region, this study investigates the influence of public debt on renewable energy consumption (REC) in a panel of 29 SSA countries, in full and sub-regional categorizations. A combination of the instrumental variable generalized method of moment (IV-GMM) approach and the two-stage least squares estimator was applied to achieve the goal of the study. Overall, our findings indicate that public debt, carbon emission, financial development, and economic growth exert a negative and significant linkage with renewable energy, while urbanization has a positive and significant influence. Aware of the study findings, appropriate policy prescriptions are proposed to improve the debt-financed funding for the development of the renewable energy sector in SSA.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":"PP 1","pages":""},"PeriodicalIF":3.9,"publicationDate":"2023-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84349702","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-05-17DOI: 10.1080/15567249.2023.2214912
E. Norvaiša, A. Galinis, Eimantas Neniškis
ABSTRACT The main objectives of this paper are to present the developed model and to explore and discuss the decarbonization possibilities of the Lithuanian chemical industry. The sector has high energy consumption and struggles to achieve emission reductions. The developed model is based on a bottom-up modeling approach representing the industry’s current and emerging technology mix. We conclude that the deep decarbonization of Lithuania’s chemical industry is technically feasible under certain conditions. The deployment of carbon capture technology is necessary to decrease carbon dioxide (CO2) emissions by at least 40% in 2030. To achieve deep decarbonization of the sector, green hydrogen as feedstock for ammonia production should be utilized before 2050. Decarbonization scenarios cause an increase of undiscounted costs by more than 618–3132 million Euros depending on CO2 reduction targets when cumulated over the 2018–2050 period. The ammonia production facility should cover a substantial share of these costs until 2030, which could negatively affect its competitiveness.
{"title":"Assessment of decarbonization possibilities in Lithuania’s chemical industry","authors":"E. Norvaiša, A. Galinis, Eimantas Neniškis","doi":"10.1080/15567249.2023.2214912","DOIUrl":"https://doi.org/10.1080/15567249.2023.2214912","url":null,"abstract":"ABSTRACT The main objectives of this paper are to present the developed model and to explore and discuss the decarbonization possibilities of the Lithuanian chemical industry. The sector has high energy consumption and struggles to achieve emission reductions. The developed model is based on a bottom-up modeling approach representing the industry’s current and emerging technology mix. We conclude that the deep decarbonization of Lithuania’s chemical industry is technically feasible under certain conditions. The deployment of carbon capture technology is necessary to decrease carbon dioxide (CO2) emissions by at least 40% in 2030. To achieve deep decarbonization of the sector, green hydrogen as feedstock for ammonia production should be utilized before 2050. Decarbonization scenarios cause an increase of undiscounted costs by more than 618–3132 million Euros depending on CO2 reduction targets when cumulated over the 2018–2050 period. The ammonia production facility should cover a substantial share of these costs until 2030, which could negatively affect its competitiveness.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":"120 1","pages":""},"PeriodicalIF":3.9,"publicationDate":"2023-05-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88554709","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
ABSTRACT This paper first measures the level of environmental efficiency (EE) in 72 countries between 2001 and 2019 by adopting the Global Malmquist-Luenberger productivity index in the framework of the super slack-based-measure model. Then, by using the instrument variable-generalized method of moments (IV-GMM) approach, we examine the role of hydrogen development in increasing EE. We also pay attention to the asymmetric effect, the moderating effect, and the mediating effect in the hydrogen development-EE nexus. Several findings are highlighted as follows: (1) Hydrogen development can significantly increase EE. (2) The marginal impact of hydrogen development on EE is significantly positive in countries with a high level of EE, while it is insignificant in countries with a low level of EE, which shows the asymmetric EE enhancement effect of hydrogen development. (3) Foreign direct investment is a key moderating variable in the nexus between hydrogen development and EE, which can strengthen this positive nexus. And (4) mediating effect analysis documents that technological progress is an effective mediating variable through which hydrogen development affects EE. According to these results, we propose several policy implications for the acceleration of hydrogen development and EE.
{"title":"Environmental assessment of hydrogen: does hydrogen matter for environmental efficiency improvement?","authors":"Congyu Zhao, Kangyin Dong, Farhad Taghizadeh‐Hesary","doi":"10.1080/15567249.2023.2196973","DOIUrl":"https://doi.org/10.1080/15567249.2023.2196973","url":null,"abstract":"ABSTRACT This paper first measures the level of environmental efficiency (EE) in 72 countries between 2001 and 2019 by adopting the Global Malmquist-Luenberger productivity index in the framework of the super slack-based-measure model. Then, by using the instrument variable-generalized method of moments (IV-GMM) approach, we examine the role of hydrogen development in increasing EE. We also pay attention to the asymmetric effect, the moderating effect, and the mediating effect in the hydrogen development-EE nexus. Several findings are highlighted as follows: (1) Hydrogen development can significantly increase EE. (2) The marginal impact of hydrogen development on EE is significantly positive in countries with a high level of EE, while it is insignificant in countries with a low level of EE, which shows the asymmetric EE enhancement effect of hydrogen development. (3) Foreign direct investment is a key moderating variable in the nexus between hydrogen development and EE, which can strengthen this positive nexus. And (4) mediating effect analysis documents that technological progress is an effective mediating variable through which hydrogen development affects EE. According to these results, we propose several policy implications for the acceleration of hydrogen development and EE.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":"8 1","pages":""},"PeriodicalIF":3.9,"publicationDate":"2023-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85253801","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-17DOI: 10.1080/15567249.2023.2189332
Vicent Alcántara Escolano, Emilio Padilla Rosa
ABSTRACT Using an alternative input–output analysis based on the responsibility of the production of the total output of each sector, we determine the relevant sectors in energy consumption in Spain. Our approach offers a different and complementary vision to the usual analyses based on the responsibility of the final demand to help guide environmental and energy policies. The analysis also enables us to observe the importance of final energy consumption by type for the different sectors. We use the input–output table for 2015 from INE and data on energy consumption from EUROSTAT. The most relevant sectors in terms of the energy consumption that their total production induces in other sectors are “Food, beverages and tobacco products” and “Construction,” while various service sectors also stand out for inducing energy consumption in other sectors. In these sectors, policy measures aimed at improving the efficiency in the use of energy-intensive inputs and the substitution of these inputs by others less energy intensive would be effective. The most relevant sectors for being induced to consume energy by the production of other sectors are “Electricity and gas” and “Land Transport.” The incorporation of technological improvements aimed at improving energy efficiency, as well as the adoption of best practices, would be more effective in these sectors. Finally, the most important sectors due to their own final demand are “Electricity and gas,” and “Coke and refined.” In these sectors, policies aimed at reducing their final demand would be effective.
{"title":"The productive structure and consumption of final energy in Spain: an input–output analysis from a production perspective","authors":"Vicent Alcántara Escolano, Emilio Padilla Rosa","doi":"10.1080/15567249.2023.2189332","DOIUrl":"https://doi.org/10.1080/15567249.2023.2189332","url":null,"abstract":"ABSTRACT Using an alternative input–output analysis based on the responsibility of the production of the total output of each sector, we determine the relevant sectors in energy consumption in Spain. Our approach offers a different and complementary vision to the usual analyses based on the responsibility of the final demand to help guide environmental and energy policies. The analysis also enables us to observe the importance of final energy consumption by type for the different sectors. We use the input–output table for 2015 from INE and data on energy consumption from EUROSTAT. The most relevant sectors in terms of the energy consumption that their total production induces in other sectors are “Food, beverages and tobacco products” and “Construction,” while various service sectors also stand out for inducing energy consumption in other sectors. In these sectors, policy measures aimed at improving the efficiency in the use of energy-intensive inputs and the substitution of these inputs by others less energy intensive would be effective. The most relevant sectors for being induced to consume energy by the production of other sectors are “Electricity and gas” and “Land Transport.” The incorporation of technological improvements aimed at improving energy efficiency, as well as the adoption of best practices, would be more effective in these sectors. Finally, the most important sectors due to their own final demand are “Electricity and gas,” and “Coke and refined.” In these sectors, policies aimed at reducing their final demand would be effective.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":"49 1","pages":""},"PeriodicalIF":3.9,"publicationDate":"2023-03-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81129393","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-10DOI: 10.1080/15567249.2023.2189330
P. Arocena, Alejandro Bello-Pintado, Ignacio Contín-Pilart
ABSTRACT This paper analyses the impact of local competition on gasoline and diesel pricing at branded and unbranded independent service stations. Based on our theory-driven discussion we derive a number of hypotheses, which are empirically tested on a sample of service stations in Spain. In Spain, retail prices of motor fuels have been under the spotlight since the dismantling of the state monopoly in the 1990s. The concentration of the retail market and the behavior of the main oil operators are of constant concern to the competition authorities. Our empirical analysis provides evidence for the existence of different competitive dynamics between branded and unbranded stations, and between gasoline and diesel retail pricing. Specifically, the results show that (i) fuel prices at branded (unbranded) service station are positively (negatively) associated with the number of stations operating in the same local market, (ii) prices of both motor fuels at a branded station are higher the larger the share of stations carrying the same brand in its local market, (iii) diesel price at an unbranded station is lower the larger the share of unbranded stations in its local market, and (iv) unbranded service stations undercut the price of diesel more than that of gasoline compared with prices at branded stations.
{"title":"Automotive fuel prices at branded and unbranded service stations: differences in the impact of seller density, brand concentration and search costs","authors":"P. Arocena, Alejandro Bello-Pintado, Ignacio Contín-Pilart","doi":"10.1080/15567249.2023.2189330","DOIUrl":"https://doi.org/10.1080/15567249.2023.2189330","url":null,"abstract":"ABSTRACT This paper analyses the impact of local competition on gasoline and diesel pricing at branded and unbranded independent service stations. Based on our theory-driven discussion we derive a number of hypotheses, which are empirically tested on a sample of service stations in Spain. In Spain, retail prices of motor fuels have been under the spotlight since the dismantling of the state monopoly in the 1990s. The concentration of the retail market and the behavior of the main oil operators are of constant concern to the competition authorities. Our empirical analysis provides evidence for the existence of different competitive dynamics between branded and unbranded stations, and between gasoline and diesel retail pricing. Specifically, the results show that (i) fuel prices at branded (unbranded) service station are positively (negatively) associated with the number of stations operating in the same local market, (ii) prices of both motor fuels at a branded station are higher the larger the share of stations carrying the same brand in its local market, (iii) diesel price at an unbranded station is lower the larger the share of unbranded stations in its local market, and (iv) unbranded service stations undercut the price of diesel more than that of gasoline compared with prices at branded stations.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":"24 1","pages":""},"PeriodicalIF":3.9,"publicationDate":"2023-03-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87808051","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-08DOI: 10.1080/15567249.2023.2185839
Mohammed Al-Breiki, Y. Biçer
ABSTRACT For Qatar – a country that aims to diversify its economy, which is highly dependent on hydrocarbon revenues, and to reduce its carbon emission levels – deploying an ammonia economy would enable the country to meet these goals. This study suggests a roadmap to an ammonia economy for Qatar. A methodological approach is used to identify critical characteristics to the ammonia economy in Qatar and to insinuate strategies that can promote its development. The results show that producing gray ammonia is estimated to increase greenhouse gas emissions from 6.15 to 7.5 million tons from 2020 to 2030. However, when blue ammonia is produced instead of gray ammonia, emissions are estimated to reduce to 4.22 million tons in 2030. Moreover, The SWOT analysis is used to provide insight into the current state of the NH3 economy in Qatar and help stakeholders and decision-makers understand the challenges and opportunities that lie ahead.
{"title":"A roadmap to ammonia economy: The case of Qatar","authors":"Mohammed Al-Breiki, Y. Biçer","doi":"10.1080/15567249.2023.2185839","DOIUrl":"https://doi.org/10.1080/15567249.2023.2185839","url":null,"abstract":"ABSTRACT For Qatar – a country that aims to diversify its economy, which is highly dependent on hydrocarbon revenues, and to reduce its carbon emission levels – deploying an ammonia economy would enable the country to meet these goals. This study suggests a roadmap to an ammonia economy for Qatar. A methodological approach is used to identify critical characteristics to the ammonia economy in Qatar and to insinuate strategies that can promote its development. The results show that producing gray ammonia is estimated to increase greenhouse gas emissions from 6.15 to 7.5 million tons from 2020 to 2030. However, when blue ammonia is produced instead of gray ammonia, emissions are estimated to reduce to 4.22 million tons in 2030. Moreover, The SWOT analysis is used to provide insight into the current state of the NH3 economy in Qatar and help stakeholders and decision-makers understand the challenges and opportunities that lie ahead.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":"9 1","pages":""},"PeriodicalIF":3.9,"publicationDate":"2023-03-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87051095","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-08DOI: 10.1080/15567249.2023.2185840
J. Abor, E. Sarpong-Kumankoma, Jephthah Osei, Daniel Ofori‐Sasu
ABSTRACT This paper investigates how institutional quality conditions energy consumption to influence private capital inflows in Africa using data from 1990 to 2019. The paper employed a modified dynamic system GMM. Our results show that energy consumption has a direct influence on private capital inflows, particularly FDI to Africa. Institutional qualities do not directly influence the effect of energy consumption on FDI but do influence the effect on portfolio investment. However, independently, institutional quality positively motivates FDI inflows into Africa. On the contrary, the reverse analysis showed that private capital inflows do not influence energy consumption in Africa.
{"title":"Energy consumption, institutional quality, and private capital inflows in Africa","authors":"J. Abor, E. Sarpong-Kumankoma, Jephthah Osei, Daniel Ofori‐Sasu","doi":"10.1080/15567249.2023.2185840","DOIUrl":"https://doi.org/10.1080/15567249.2023.2185840","url":null,"abstract":"ABSTRACT This paper investigates how institutional quality conditions energy consumption to influence private capital inflows in Africa using data from 1990 to 2019. The paper employed a modified dynamic system GMM. Our results show that energy consumption has a direct influence on private capital inflows, particularly FDI to Africa. Institutional qualities do not directly influence the effect of energy consumption on FDI but do influence the effect on portfolio investment. However, independently, institutional quality positively motivates FDI inflows into Africa. On the contrary, the reverse analysis showed that private capital inflows do not influence energy consumption in Africa.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":"12 1","pages":""},"PeriodicalIF":3.9,"publicationDate":"2023-03-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79236762","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-02-17DOI: 10.1080/15567249.2023.2166164
Nicolas Malz, Felipe Alberto Corral Montoya, Paola Yanguas Parra, P. oei
ABSTRACT Juxtaposing China’s current situation and policies toward coal and renewables at home and abroad, we argue that China remains in a paradoxical state of carbon lock-in. We analyze the techno-economic, institutional and political factors that contribute to China’s coal-related policies following a novel approach that blends different theories and frameworks to establish an interdisciplinary dialogue between various strands of research that were hitherto unconnected. This is accomplished by applying a political economy framework through the lens of techno-institutional carbon lock-in theory in three case studies encompassing China itself, as well as China’s climate and energy policy abroad in Pakistan and Mozambique. The article draws four major conclusions about China’s energy paradox: 1) An imperative for economic growth lies at the heart of the Chinese governance system’s incentive structure, which has resulted in a coal-based energy and industrial policy. 2) China’s government should use the experimental, decentralized nature of its regionally-decentralized regime and energy sector to their advantage by promoting disruption rather than incumbency. 3) To address the structural and institutional deficiencies that maintain or even strengthen carbon lock-in, energy governance should be shaped around the primary challenge of strengthening renewable energy advocates throughout all levels of government. 4) The discussion of coal financing abroad must now go beyond the discontinuation of new projects; the building of alternative cleaner projects should be considered and the ones in progress should be halted.
{"title":"China’s climate and energy policy paradox revisited – domestic and international implications of a carbon lock-in ‘with Chinese characteristics’","authors":"Nicolas Malz, Felipe Alberto Corral Montoya, Paola Yanguas Parra, P. oei","doi":"10.1080/15567249.2023.2166164","DOIUrl":"https://doi.org/10.1080/15567249.2023.2166164","url":null,"abstract":"ABSTRACT Juxtaposing China’s current situation and policies toward coal and renewables at home and abroad, we argue that China remains in a paradoxical state of carbon lock-in. We analyze the techno-economic, institutional and political factors that contribute to China’s coal-related policies following a novel approach that blends different theories and frameworks to establish an interdisciplinary dialogue between various strands of research that were hitherto unconnected. This is accomplished by applying a political economy framework through the lens of techno-institutional carbon lock-in theory in three case studies encompassing China itself, as well as China’s climate and energy policy abroad in Pakistan and Mozambique. The article draws four major conclusions about China’s energy paradox: 1) An imperative for economic growth lies at the heart of the Chinese governance system’s incentive structure, which has resulted in a coal-based energy and industrial policy. 2) China’s government should use the experimental, decentralized nature of its regionally-decentralized regime and energy sector to their advantage by promoting disruption rather than incumbency. 3) To address the structural and institutional deficiencies that maintain or even strengthen carbon lock-in, energy governance should be shaped around the primary challenge of strengthening renewable energy advocates throughout all levels of government. 4) The discussion of coal financing abroad must now go beyond the discontinuation of new projects; the building of alternative cleaner projects should be considered and the ones in progress should be halted.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":"29 1","pages":""},"PeriodicalIF":3.9,"publicationDate":"2023-02-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89280614","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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