The effect of geopolitical risk and green technology on load capacity factors in BRICS

IF 3.8 3区经济学 Q3 ENERGY & FUELS

Utilities Policy Pub Date : 2024-04-22 DOI:10.1016/j.jup.2024.101757

Liton Chandra Voumik , Smarnika Ghosh , Mamunur Rashid , Mihir Kumar Das , Miguel Angel Esquivias , Omar Rojas

引用次数: 0

Abstract

This study explores the interaction between geopolitics, natural resources, and load capacity factors (LCF) within BRICS countries. Using fixed effects, random effects, quantile regression, and Driscoll Kraay Standard Error approaches, we found that for every 1% increase in green technology adoption, LCF decreased by 0.14%–0.54%. This effect suggests that green technologies may reduce LCF. Geopolitical risk positively influences LCF, with a 1% increase resulting in a 0.14%–0.48% rise across quantiles, thus enhancing reliability and sustainability. Furthermore, economic growth, renewable energy, and natural resources rents enhance the ratio of biocapacity to ecological footprint.

查看原文本刊更多论文

地缘政治风险和绿色技术对金砖国家负载能力系数的影响

本研究探讨了金砖国家内部地缘政治、自然资源和负载能力系数（LCF）之间的相互作用。利用固定效应、随机效应、量子回归和 Driscoll Kraay 标准误差法，我们发现绿色技术采用率每增加 1%，LCF 就会下降 0.14%-0.54%。这一效应表明，绿色技术可能会降低 LCF。地缘政治风险对 LCF 有积极影响，每增加 1%，各量级的 LCF 会增加 0.14%-0.48%，从而提高可靠性和可持续性。此外，经济增长、可再生能源和自然资源租金会提高生物能力与生态足迹的比率。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Utilities Policy ENERGY & FUELS-ENVIRONMENTAL SCIENCES

CiteScore

6.80

自引率

10.00%

发文量

审稿时长

66 days

期刊介绍： Utilities Policy is deliberately international, interdisciplinary, and intersectoral. Articles address utility trends and issues in both developed and developing economies. Authors and reviewers come from various disciplines, including economics, political science, sociology, law, finance, accounting, management, and engineering. Areas of focus include the utility and network industries providing essential electricity, natural gas, water and wastewater, solid waste, communications, broadband, postal, and public transportation services. Utilities Policy invites submissions that apply various quantitative and qualitative methods. Contributions are welcome from both established and emerging scholars as well as accomplished practitioners. Interdisciplinary, comparative, and applied works are encouraged. Submissions to the journal should have a clear focus on governance, performance, and/or analysis of public utilities with an aim toward informing the policymaking process and providing recommendations as appropriate. Relevant topics and issues include but are not limited to industry structures and ownership, market design and dynamics, economic development, resource planning, system modeling, accounting and finance, infrastructure investment, supply and demand efficiency, strategic management and productivity, network operations and integration, supply chains, adaptation and flexibility, service-quality standards, benchmarking and metrics, benefit-cost analysis, behavior and incentives, pricing and demand response, economic and environmental regulation, regulatory performance and impact, restructuring and deregulation, and policy institutions.