Search results

1 – 10 of over 11000
Article
Publication date: 21 June 2023

Bismark Osei, Agbemavor Korsi Fiagbe and Evans Kulu

This study aims to examine the appropriate measures needed toward achieving sustainability of renewable energy production among developing and middle-income countries.

Abstract

Purpose

This study aims to examine the appropriate measures needed toward achieving sustainability of renewable energy production among developing and middle-income countries.

Design/methodology/approach

This study uses semi-annual panel data covering the period 2000–2020 among 152 developing and middle-income countries and Cox proportional hazard model for the analysis.

Findings

Estimates indicate that effective operations of environmental institutions, investment in research and development, subsidizing the production of renewable energy, government investment in producing renewable energy and investment in renewable energy production made by the private sector will contribute immensely toward achieving sustainability of renewable energy production.

Practical implications

This study recommends that governments should rationalize their expenditures to mobilize enough resources for investment in renewable energy production. Again, operations of environmental institutions should be enhanced through giving their managers’ performance contracts and licensing its employees. Enabling environment should be created for private sector to increase their investment in renewable energy production.

Originality/value

Empirical studies have been carried out exploring measures to deal with climate change. Nonetheless, the appropriate measures needed toward achieving sustainability of renewable energy production among developing and middle-income countries have not been explored in existing empirical studies. Hence, this study fills the gap in existing empirical studies.

Details

International Journal of Energy Sector Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 26 April 2023

Shavkatjon Tulkinov

Electricity plays an essential role in nations' economic development. However, coal and renewables currently play an important part in electricity production in major world…

Abstract

Purpose

Electricity plays an essential role in nations' economic development. However, coal and renewables currently play an important part in electricity production in major world economies. The current study aims to forecast the electricity production from coal and renewables in the USA, China and Japan.

Design/methodology/approach

Two intelligent grey forecasting models – optimized discrete grey forecasting model DGM (1,1,α), and optimized even grey forecasting model EGM (1,1,α,θ) – are used to forecast electricity production. Also, the accuracy of the forecasts is measured through the mean absolute percentage error (MAPE).

Findings

Coal-powered electricity production is decreasing, while renewable energy production is increasing in the major economies (MEs). China's coal-fired electricity production continues to grow. The forecasts generated by the two grey models are more accurate than that by the classical models EGM (1,1) and DGM (1,1) and the exponential triple smoothing (ETS).

Originality/value

The study confirms the reliability and validity of grey forecasting models to predict electricity production in the MEs.

Details

Grey Systems: Theory and Application, vol. 13 no. 3
Type: Research Article
ISSN: 2043-9377

Keywords

Article
Publication date: 12 September 2022

Bismark Osei, Mark Edem Kunawotor and Evans Kulu

The purpose of this paper is to undertake comparative analysis examining the effect of renewable energy production on employment focusing on European and Asian Countries.

Abstract

Purpose

The purpose of this paper is to undertake comparative analysis examining the effect of renewable energy production on employment focusing on European and Asian Countries.

Design/methodology/approach

The study utilizes panel data from the period 2000 to 2018 and System Generalized Method of Moments (System GMM) for the analysis. This study focuses on 50 European and 40 Asian countries data used for the analysis.

Findings

The result of the study indicates that, renewal energy production has positively affected employment in both European and Asian countries. However, the positive effect result of European countries is stronger than that of Asian countries.

Practical implications

The study recommends that, governments among these countries should continue to show strong commitment towards investing in renewable energy production as stated in Paris Agreement (2015). This will have a strong effect towards increasing further employment creation among these countries.

Originality/value

Numerous empirical studies have been carried out examining the effect of renewable energy production on employment. This study contributes to existing empirical studies by undertaking comparative analysis to examine the subject matter focusing on European and Asian countries.

Details

International Journal of Energy Sector Management, vol. 17 no. 4
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 1 June 2012

Tugrul Daim, Georgina Harell and Liliya Hogaboam

This paper aims to present a forecast for renewable energy production in the USA. Growth curves are used to conduct the forecasts.

2892

Abstract

Purpose

This paper aims to present a forecast for renewable energy production in the USA. Growth curves are used to conduct the forecasts.

Design/methodology/approach

The analysis is based upon a literature review, supplemented by collection of secondary data. The study then focuses on applying the Pearl growth curve.

Findings

The authors' results show that biomass energy production is growing the fastest followed by geothermal and wind. Additionally, the forecast for solar energy production shows little to no growth over the next two decades.

Research limitations/implications

If the US government hopes to achieve its goals in renewable energy, considerable funding and incentives will have to be put forth to accelerate the growth of renewable energy. Since the biomass technology is already growing nicely it makes sense to put the additional resources behind the other three technologies to close the 10.3 percent gap being forecasted. The government also needs to put more funding into dual renewable plants such as wind or solar combines with pumped hydro, this will ensure environmental and reliability are both maintained. Finally, for renewable energies to be competitive in the long term, considerable research needs to go into driving down the cost so there is not a need for subsidies.

Originality/value

This study provides value in providing a forecast for expected future growth for renewable energy sources.

Details

Foresight, vol. 14 no. 3
Type: Research Article
ISSN: 1463-6689

Keywords

Article
Publication date: 17 March 2022

Jo-Hui Chen and Yun-Chen Cheng

This paper aims to examine the factors influencing renewable energy output.

Abstract

Purpose

This paper aims to examine the factors influencing renewable energy output.

Design/methodology/approach

The panel data model was used to analyze the fixed and random effects.

Findings

The results showed that economic development, environmental-related technology patents, renewable energy consumption and the publication of papers and periodicals contributed to enhancing renewable energy production. Wind power generation’s adjustment speed is faster than that of solar power generation in the renewable energy sector. The use of renewable energy was affected by the weather and related costs.

Originality/value

Many countries choose energy with reasonable prices and stable power generation and use renewable energy as additional backup power.

Details

Studies in Economics and Finance, vol. 40 no. 1
Type: Research Article
ISSN: 1086-7376

Keywords

Article
Publication date: 10 April 2009

Zhongying Wang and Junfeng Li

The purpose of this paper is to find some feasible measures to solve the problems faced in China's renewable energy development and promote the industrial development of China's…

4536

Abstract

Purpose

The purpose of this paper is to find some feasible measures to solve the problems faced in China's renewable energy development and promote the industrial development of China's renewable energy.

Design/methodology/approach

The paper summarises the status and studies the problems of China's renewable energy industrial development, and then puts forward some proposals for the industrial development.

Findings

The paper finds that most of China's renewable energy technology is still in the transitional period from research and development to industrial production, and that the renewable energy industrial development needs the establishment of a series of technical experiments and demonstration projects to analyze and investigate the resources, the conversion and market development experience, and then form complete sets of equipment design and manufacturing, cultivation and collection of biomass resources and technology development capabilities, and that regulations should be established to provide a solid foundation for the large‐scale development of China's renewable energy. As a result, some development measures are suggested in the paper.

Originality/value

The paper raises the problems faced in China's renewable energy development, and gives some feasible development measures for the industrial development of China's renewable energy.

Details

International Journal of Energy Sector Management, vol. 3 no. 1
Type: Research Article
ISSN: 1750-6220

Keywords

Book part
Publication date: 9 June 2022

Sebak Kumar Jana

Sustainable energy like renewable energy plays a critical role in achieving sustainable development goals including energy security in emerging economics. BRICS (Brazil, Russia…

Abstract

Sustainable energy like renewable energy plays a critical role in achieving sustainable development goals including energy security in emerging economics. BRICS (Brazil, Russia, India, China and South Africa) constitutes about 23% of the world’s GDP, 40% of the world’s population and 36% share of the supply of primary energy in the world. Obviously the Bloc has tremendous potential in influencing the global sustainable clean energy transition with the advantages like lowering the costs of renewable, boosting employment in the sector of green energy, enhancement of energy security and improvement of local air quality. Despite the existence of varieties of renewable energy resources in the BRICS economies, renewable energy resources are found underdeveloped. The major objectives of this chapter are to assess progress of different forms of energy especially renewable energy, impact of development of renewable energy on carbon emission and policy issues in renewable energy development in the context of sustainable energy development of BRICS countries.

Details

Environmental Sustainability, Growth Trajectory and Gender: Contemporary Issues of Developing Economies
Type: Book
ISBN: 978-1-80262-154-9

Keywords

Article
Publication date: 20 November 2023

Souleymane Diallo and Youmanli Ouoba

The underdevelopment of the financial sector could be one of the barriers to the deployment of renewable energies in developing countries. The purpose of this paper is therefore…

Abstract

Purpose

The underdevelopment of the financial sector could be one of the barriers to the deployment of renewable energies in developing countries. The purpose of this paper is therefore to analyse the effect of financial development in the deployment of renewable energies in sub-Saharan African countries.

Design/methodology/approach

The empirical analysis is based on a production approach and a cross-sectionally augmented autoregressive distributive lag error correction model estimate for 25 sub-Saharan African countries over the period 1990–2018. The augmented mean group (AMG) and common correlated effects mean group (CCEMG) estimators were used for the robustness analysis.

Findings

Two results emerge: financial development contributes positively to renewable energy deployment in sub-Saharan African countries in the short and long run; and fossil fuel dependence impedes significantly renewable energy deployment in the short and long run. The robustness analyses using the AMG and CCEMG methods confirm these results.

Practical implications

These results suggest the need for policies to support and strengthen the development of the financial sector to improve its ability to effectively finance investments in renewable energy technologies.

Originality

The originality of this paper lies in the fact that the analysis is based on a renewable energy production approach. Indeed, the level of renewable energy deployment is measured by the production and not the consumption of renewable energy, unlike other previous work. In addition, this research uses recent econometric estimation techniques that overcome the problems of cross-sectional dependence and slope heterogeneity.

Details

International Journal of Energy Sector Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1750-6220

Keywords

Abstract

Details

Energy Economics
Type: Book
ISBN: 978-1-83867-294-2

Book part
Publication date: 13 April 2023

Ergün Dilaveroğlu

In terms of countries, renewable energy sources are increasing their importance day by day. The decrease in fossil fuels and the difficulty of accessing the related fuels as well…

Abstract

In terms of countries, renewable energy sources are increasing their importance day by day. The decrease in fossil fuels and the difficulty of accessing the related fuels as well as their expensiveness can be cited as reasons for this situation. This situation obliges countries to make legal arrangements for the production and use of renewable energy sources in their legal systems. In this context, legal arrangements have been made in Turkey regarding the production and use of related energy resources. One of these regulations is the law dated May 10, 2005 and numbered 5346. The relevant law aims to bring electrical energy to the economy in a reliable, economical, and at the same time high quality way by using renewable energy sources. At the same time, the main purposes of enacting the law include increasing the diversity of resources in energy, reducing greenhouse gas emissions as much as possible, evaluating waste, and protecting the environment. At the same time, the law includes sustainable energy sources. It has been defined as nonfossil energy sources such as hydraulic, wind, solar, geothermal, biomass, waves, currents, and tides. In this context, the main purpose of the study is to examine what renewable energy sources are and to reveal the legal nature of energy services by considering the production and use of renewable energy sources in Turkey in the context of Turkish legal legislation.

Details

Renewable Energy Investments for Sustainable Business Projects
Type: Book
ISBN: 978-1-80382-884-8

Keywords

1 – 10 of over 11000