Oktay Ozkan, Ibrahim Adeshola, Ojonugwa Usman, Tomiwa Sunday Adebayo
{"title":"The Asymmetric Role of Resource Efficiency and Alternative Energy on Load Capacity Factor in India","authors":"Oktay Ozkan, Ibrahim Adeshola, Ojonugwa Usman, Tomiwa Sunday Adebayo","doi":"10.1002/tqem.70144","DOIUrl":null,"url":null,"abstract":"<p>In this study, we examine the asymmetric role of resource efficiency (RE), fossil fuel consumption (FFC), and alternative energy consumption (REC) on India's load capacity factor (LCF) from 1970 to 2019. We employ advanced quantile-based techniques such as the wavelet quantile correlation, cross-quantilogram analysis, quantile regression, and quantile Granger causality tests. The findings indicate that the RE and FFC dampen LCF with weaker effects in the lower and middle quantiles and minimal effects in the higher quantiles. In contrast, REC has a consistently strong and positive effect on LCF across all quantiles, reinforcing its eco-friendly nature. In addition, the quantile Granger causality analysis reveals that RE, FFC, and REC demonstrate varying predictive powers across different quantiles of LCF, with notable predictability observed in variance except for the extreme higher quantiles. These findings suggest that policies aimed at enhancing ecological quality should be considered, which include promoting efficient use of resources and REC.</p>","PeriodicalId":35327,"journal":{"name":"Environmental Quality Management","volume":"35 1","pages":""},"PeriodicalIF":1.3000,"publicationDate":"2025-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Environmental Quality Management","FirstCategoryId":"1085","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/tqem.70144","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ENGINEERING, ENVIRONMENTAL","Score":null,"Total":0}
引用次数: 0
Abstract
In this study, we examine the asymmetric role of resource efficiency (RE), fossil fuel consumption (FFC), and alternative energy consumption (REC) on India's load capacity factor (LCF) from 1970 to 2019. We employ advanced quantile-based techniques such as the wavelet quantile correlation, cross-quantilogram analysis, quantile regression, and quantile Granger causality tests. The findings indicate that the RE and FFC dampen LCF with weaker effects in the lower and middle quantiles and minimal effects in the higher quantiles. In contrast, REC has a consistently strong and positive effect on LCF across all quantiles, reinforcing its eco-friendly nature. In addition, the quantile Granger causality analysis reveals that RE, FFC, and REC demonstrate varying predictive powers across different quantiles of LCF, with notable predictability observed in variance except for the extreme higher quantiles. These findings suggest that policies aimed at enhancing ecological quality should be considered, which include promoting efficient use of resources and REC.
期刊介绍:
Four times a year, this practical journal shows you how to improve environmental performance and exceed voluntary standards such as ISO 14000. In each issue, you"ll find in-depth articles and the most current case studies of successful environmental quality improvement efforts -- and guidance on how you can apply these goals to your organization. Written by leading industry experts and practitioners, Environmental Quality Management brings you innovative practices in Performance Measurement...Life-Cycle Assessments...Safety Management... Environmental Auditing...ISO 14000 Standards and Certification..."Green Accounting"...Environmental Communication...Sustainable Development Issues...Environmental Benchmarking...Global Environmental Law and Regulation.