Is energy system resilience improved in the energy transition? Evidence from China

IF 13.6 2区 经济学 Q1 ECONOMICS
Xiaomeng Zhao , Jun Zhao , Farhad Taghizadeh-Hesary
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引用次数: 0

Abstract

Improving energy resilience, as a crucial strategy to resist the risk associated with energy systems in the context of increasing uncertainty, is a meaningful research direction whether it can be realized during the energy transition phase. This study empirically assesses the correlation between energy transition and energy resilience. It also explores their heterogeneity and the potential impact mechanisms using balanced panel data for 30 provinces in 17 years in China. The results are as follows: (i) Energy transition can enhance the resilience of the energy system; (ii) there is regional heterogeneity in this positive boosting effect, and the differences are due to the different types of renewable energy sources; (iii) green technology innovation and green finance are effective mediators between energy transition and energy resilience. Some effective and practical policy suggestions are proposed, and policymakers should uphold the principle of adapting to local conditions and a systematic regional differentiation policy.
能源系统弹性是否在能源转型中得到改善?来自中国的证据
在不确定性日益增加的背景下,提高能源弹性作为抵御能源系统风险的重要策略,能否在能源转型阶段实现是一个有意义的研究方向。本研究实证评估了能量转换与能量弹性之间的相关性。利用中国30个省份17年的均衡面板数据,探讨了其异质性及其潜在影响机制。结果表明:(1)能源转型可以增强能源系统的弹性;(2)这种正向促进效应存在区域异质性,其差异是由于可再生能源类型的不同造成的;(三)绿色技术创新和绿色金融是能源转型与能源弹性之间的有效中介。提出了一些有效可行的政策建议,政策制定者应坚持因地制宜的原则和系统的区域差别化政策。
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来源期刊
Energy Economics
Energy Economics ECONOMICS-
CiteScore
18.60
自引率
12.50%
发文量
524
期刊介绍: Energy Economics is a field journal that focuses on energy economics and energy finance. It covers various themes including the exploitation, conversion, and use of energy, markets for energy commodities and derivatives, regulation and taxation, forecasting, environment and climate, international trade, development, and monetary policy. The journal welcomes contributions that utilize diverse methods such as experiments, surveys, econometrics, decomposition, simulation models, equilibrium models, optimization models, and analytical models. It publishes a combination of papers employing different methods to explore a wide range of topics. The journal's replication policy encourages the submission of replication studies, wherein researchers reproduce and extend the key results of original studies while explaining any differences. Energy Economics is indexed and abstracted in several databases including Environmental Abstracts, Fuel and Energy Abstracts, Social Sciences Citation Index, GEOBASE, Social & Behavioral Sciences, Journal of Economic Literature, INSPEC, and more.
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