Do investments in green energy,energy efficiency,and nuclear energy R&D improve the load capacity factor?An augmented ARDL approach  被引量:2

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作  者:Xin Jin Zahoor Ahmed Ugur Korkut Pata Mustafa Tevfik Kartal Sinan Erdogan 

机构地区:[1]School of Business,Guilin Tourism University,Guilin 541006,PR China [2]Department of Business Administration,Faculty of Economics,Administrative and Social Sciences,Bahçesehir Cyprus University,Nicosia,Turkey [3]Department of Economic&Data Sciences,New Uzbekistan University,54 Mustaqillik Ave.,Tashkent,100007,Uzbekistan [4]Osmaniye Korkut Ata University,Faculty of Economics and Administrative Sciences,Department of Economics,80000 Merkez,Osmaniye,Turkey [5]Department of Banking and Finance,European University of Lefke,Lefke,Northern Cyprus,TR-10 Mersin,Türkiye [6]Adnan Kassar School of Business,Lebanese American University,Beirut,Lebanon [7]Department of Economics and Management,Khazar University,Baku,Azerbaijan [8]Hatay Mustafa Kemal University,Faculty of Economics and Administrative Sciences,Hatay,Turkey

出  处:《Geoscience Frontiers》2024年第4期372-382,共11页地学前缘(英文版)

基  金:supported by the Projects of humanities and social sciences of Cultivating plan for 1000 young and middleaged backbone teachers in Guangxi Universities-Research on the impact of environmental regulation evolution on corporate green and green investment in the dual-carbon environment(Grant No.2022QGRW059).

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

关 键 词:Green Energy R&D Energy Efficiency R&D Nuclear Energy R&D Financial Globalization LCF 

分 类 号:P467[天文地球—大气科学及气象学] X24[环境科学与工程—环境科学]

 

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