Narciso Castro Charris, Vladimir Sousa Santos, J. J. C. Eras, Jorge M. Mendoza Fandiño
{"title":"Assessment of the Energy Efficiency of Three-Phase Induction Motors Powered by A Photovoltaic System","authors":"Narciso Castro Charris, Vladimir Sousa Santos, J. J. C. Eras, Jorge M. Mendoza Fandiño","doi":"10.32479/ijeep.15838","DOIUrl":"https://doi.org/10.32479/ijeep.15838","url":null,"abstract":"This study aims to determine the energy efficiency of three-phase induction motors (TIM) powered when operated with photovoltaic systems (PVS). The environmental advantages of photovoltaic systems (PVS) are very well known. However, there are still challenges related to energy quality, electricity generation instability, failure in frequency regulation, instability in reactive power, and harmonics generation. However, the impact of PVS on TIM efficiency has not been thoroughly explored. This research compares a TIM's electromechanical characteristics and efficiency when powered by a conventional electrical grid versus a PVS. Experimental studies revealed that when powered by the PVS, the TIM experienced increased voltage and higher voltage and current harmonics compared to grid power. These electrical difficulties, attributed to the PVS inverter, resulted in a 2.7% decrease in TIM efficiency compared to grid power. Modeling conducted under actual load variation conditions demonstrated a 2.6% increase in energy consumption when powered by the PVS compared to grid power. Based on these findings, PVS installers are advised to consider the energy quality provided by these systems, as it may affect the efficient operation of TIM, leading to increased energy consumption.","PeriodicalId":38194,"journal":{"name":"International Journal of Energy Economics and Policy","volume":" 44","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140998317","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Long-Run Linkage among the Macroeconomic Factors and CO2 Emissions in terms of Sea Transport Induced EKC Hypothesis in USA","authors":"Ayşe Özge Artekin","doi":"10.32479/ijeep.15734","DOIUrl":"https://doi.org/10.32479/ijeep.15734","url":null,"abstract":"The main aim of this article is to comprehend the long-run relationship among sea transportation, energy use, GDP, and CO2 for USA from 1980 to 2023. In this sense, FMOLS, DOLS, CCR, and ARDL analyses are employed in order to investigate the entity of long-run linkage between the relevant variables. According to results of this manuscript, except energy use there is no both long-run relationship among variables and effects of independent variables (GDP, sea transportation) on dependent variable (CO2 emissions) from 1980 to 2023 in USA. Therefore, the sea transport-induced EKC hypothesis has not been confirmed empirically. Although the hypothesis has not been confirmed, there are some issues to consider in terms of energy consumption. Transportation energy consumption and greenhouse gas emissions are seen as an alarming threat to leaving a livable and sustainable green environment and economy to future generations. Fossil fuels used in transportation have an important place in carbon dioxide emissions. This is seen as a crucial environmental factor that all stakeholders should consider when planning energy and environmental policy decisions. In order to prevent environmental quality from being negatively affected by greenhouse gas and exhaust emissions, policy makers need to encourage more energy efficient and healthier transportation ways. Thus, the harmful effects of transportation energy consumption can be reduced as well.","PeriodicalId":38194,"journal":{"name":"International Journal of Energy Economics and Policy","volume":" 29","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140999618","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Examining the Role of Women’s Labor Participation in CO2 Emissions in Saudi Arabia","authors":"Haider Mahmood, Muhammad Tanveer","doi":"10.32479/ijeep.15740","DOIUrl":"https://doi.org/10.32479/ijeep.15740","url":null,"abstract":"Women can play an active role in determining environmental quality, and Saudi women’s share in the labor market is increasing considerably. Women's participation is still low in the labor market, and their participation might affect the aggregated environmental situation. Therefore, we explore the effect of Women's Labor Participation (WLP) on CO2 emissions in Saudi Arabia from 1990 to 2022 by employing a cointegration technique. The Environmental Kuznets Curve (EKC) is tested and substantiated in the long run, but it is not verified in the short run. WLP raises CO2 emissions. Thus, women's labor market entry has environmental consequences. Moreover, trade openness also contributes to CO2 emissions over a long period of time. Nevertheless, its short-term impact is environmentally pleasant. The study recommends checking environmental problems out of WLP by developing gender-responsive environmental policies. So, gender equality and sustainable growth would be targeted simultaneously.","PeriodicalId":38194,"journal":{"name":"International Journal of Energy Economics and Policy","volume":"220 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141001739","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Agricultural Value Added in BRICS: A Panel Data Study","authors":"Sharmiladevi Jekka Chandrasekaran","doi":"10.32479/ijeep.15808","DOIUrl":"https://doi.org/10.32479/ijeep.15808","url":null,"abstract":"Sustainable agricultural development is essential for ensuring food security, economic growth and ecological balance, which is a challenging phenomenon to achieve. This phenomenon is studied in the case of BRICS, considering agricultural value added, economic growth, openness to trade, carbon dioxide emission and net foreign direct investment. Panel unit root test, Fixed and Random Effect Model, Panel Cointegration test and Panel Causality are studied. Results of the analysis indicate that in all the BRICS countries, agricultural value added is significant to economic growth, inward foreign direct investment is reduced with agricultural growth, and inward foreign direct investment causes trade openness. ","PeriodicalId":38194,"journal":{"name":"International Journal of Energy Economics and Policy","volume":" 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140999704","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Examining the Relationship between Oil Prices and Stock Returns: Evidence from OECD Countries","authors":"Havane Tembelo, Mustafa Ozyesil","doi":"10.32479/ijeep.15913","DOIUrl":"https://doi.org/10.32479/ijeep.15913","url":null,"abstract":"This study uses data from the OECD countries to investigate the relationship between stock returns and oil prices. The study uses daily closing values for analysis and covers the years 2000 - 2022. Oil prices are taken as the independent variable and stock returns as the dependent variable using the panel data analysis. The analysis includes intermediary factors as GDP and inflation. The research begins with a unit root test, followed by a panel co-integration test. Finally, the panel causality test and panel regression results are interpreted. This study primarily aims to explore the effect of oil price volatility on stock returns. Results show a statistically significant positive association between stock returns and oil prices. These findings highlight the importance of oil prices as a determinant of stock returns in the financial markets and provide investors, financial institutions and policymakers valuable insights.","PeriodicalId":38194,"journal":{"name":"International Journal of Energy Economics and Policy","volume":" 14","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140999590","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Hamzah E. Alqudah, Mohammad Al-Qudah, Yazan Abdelmajid Abu Huson, Abdalwali Lutfi, Mahmaod Alrawad, Mohammed Amin Almaiah
{"title":"A Decade of Green Economic Literature: An Analysis-Based Bibliometric","authors":"Hamzah E. Alqudah, Mohammad Al-Qudah, Yazan Abdelmajid Abu Huson, Abdalwali Lutfi, Mahmaod Alrawad, Mohammed Amin Almaiah","doi":"10.32479/ijeep.15579","DOIUrl":"https://doi.org/10.32479/ijeep.15579","url":null,"abstract":"This research significantly contributes to comprehending the body of work surrounding green economics and sustainable economies by methodically reviewing and categorizing papers from the Web of Science (WoS) core collection. It highlights key authors, subjects, publishing sources, and nations relevant to green economic studies by meticulously analyzing 4,157 papers. Additionally, it constructs detailed visual maps based on referenced sources. By conducting a thorough bibliometric analysis, this study underscores the importance of using such tools to gauge research impact and productivity. Leveraging the WoS Core Collection, particularly the Science Citation Index Expanded and the Social Sciences Citation Index, was deliberate to ensure a comprehensive evaluation of green economic research. The data accentuates the changing landscape of this field, indicating its growing significance and the expanding academic discussions around sustainable economic practices. The research delves into emerging research directions that could inform considerations for a sustainable economy. Despite the marked increase in publications in recent years, signaling heightened interest in green economics and sustainable economy studies, this field remains in its infancy, with limited quantitative studies conducted. Consequently, many findings remain inconclusive, and numerous aspects in literature remain unexplored. Finally, this study outlines both practical and theoretical implications gleaned from its findings.","PeriodicalId":38194,"journal":{"name":"International Journal of Energy Economics and Policy","volume":" 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140999677","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Airlines’ Corporate Growth and Environmental Conservation: Evidence from Global Carriers and Forwarders","authors":"Masao Tsujimoto","doi":"10.32479/ijeep.15697","DOIUrl":"https://doi.org/10.32479/ijeep.15697","url":null,"abstract":"This study explores how global airlines can achieve growth and environmental conservation using transport, financial performance, and carbon dioxide (CO₂) emissions data before, during, and after the COVID-19 pandemic from 2019 to 2022 with manually collected data for 38 leading international airlines. First, the regression analyses identify a clear range of turning points that airlines should consider in terms of Scopes 1 and 2 CO₂ emissions per employee and cargo ton-kilometers per employee (cargo ton-kilometers (CTK)/EMP) considering the environmental Kuznets Curve (EKC) hypothesis. Second, the deciding factors, including fundamental efforts by the airlines themselves, result from the interaction of three points, which have been encouraged and promoted in the airline industry in recent years. (1) Tighter emissions controls for air transport, (2) investors’ emphasis on environment, society, and governance (ESG), and (3) assessments and guidelines from ratings agencies and economic and environmental organizations. Third, increasing CTK/EMP to verified thresholds and taking an ESG-oriented approach can contribute to airlines’ combined achievement of growth and environmental conservation and related data will expand academic and policy-related research.","PeriodicalId":38194,"journal":{"name":"International Journal of Energy Economics and Policy","volume":" 21","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140999504","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Profitability and Market Value Effect on Carbon Emission Disclosures: The Moderating Role of Environmental Performance","authors":"Fitra Dharma, Maran Marimutu, Liza Alvia","doi":"10.32479/ijeep.15915","DOIUrl":"https://doi.org/10.32479/ijeep.15915","url":null,"abstract":"Climate change is an issue that is of concern to the global public and scientific community. There is a close relationship between climate change and carbon emissions, which are the primary cause of global warming. Reporting on carbon emissions is essential for corporate accountability to stakeholders when evaluating a company's financial and non-financial performance. Good management of carbon emissions will enhance the company's reputation. This study analyses the impact of company profitability and market value on the disclosure of carbon emissions, with environmental performance serving as a moderating variable in the context of Indonesian public companies. This study concludes that: (1) There is no significant impact on profitability, as measured by Return on Assets, on Carbon Emission Disclosure; (2) The study finds that there is a statistically significant positive relationship between market value, measured by Tobin's Q, and the level of carbon emission disclosure. This relationship is significant at a 5% significance level; (3) The moderating effect of environmental performance on the relationship between profitability, as measured by return on assets, and carbon emission disclosure is found to be insignificant; (4) The significance level of 10% indicates that the relationship between environmental performance, as a measure of a company's environmental practices, and market value, as represented by Tobin's Q, is strengthened concerning the disclosure of carbon emissions. This research can contribute to developing accounting knowledge to close gaps in the body of knowledge regarding the disclosure of carbon emissions in developing nations, particularly Indonesia.","PeriodicalId":38194,"journal":{"name":"International Journal of Energy Economics and Policy","volume":" 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141001313","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Linking Non-renewable and Renewable Electricity and Government Expenditures to Environmental Degradation: Evidence of 10 Newly Industrialized Countries","authors":"Najeh Bouchoucha, Mohamed Ghandri, I. Yahyaoui","doi":"10.32479/ijeep.15688","DOIUrl":"https://doi.org/10.32479/ijeep.15688","url":null,"abstract":"This research aims to identify the relationship between non-renewable electricity (NRE), renewable electricity (RE) and government expenditures (EXPD) on environmental degradation using the ARDL model for 10 Newly Industrialized Countries (NIC) during the period 1990-2021. Our empirical findings show that the NRE increases the CO2 emissions, however the RE decrease the CO2 emissions in the long and short run. For the effect of governement expenditure on the environment, it may be classified as direct and indirect. In fact, EXPD affect positively the CO2 emissions. In contrast, The indirect effect operates through the interaction between EXPD and NRE and RE. Our results demonstrate that the interaction between EXPD and NRE affects negatively the CO2 emissions. Nevertheless, the impact of the interaction between EXPD and RE on the CO2 emissions is more important. The results show also there is a bidirectional causality between each variable and CO2 emissions. With the empirical findings as a basis, we suggest that the NI countries should reduce NRE consumption and enhance the environmental expenditures so that they may produce more RE to combat environmental issues.","PeriodicalId":38194,"journal":{"name":"International Journal of Energy Economics and Policy","volume":" 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140998747","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Nathaly Martinez-Escobar, J. C. Osorio-Gómez, Jose Alejandro Sierra-Castillo
{"title":"Dynamic Evaluation of Environmental Effects Associated with the Inclusion of Hydrogen-powered Vehicles in Colombia","authors":"Nathaly Martinez-Escobar, J. C. Osorio-Gómez, Jose Alejandro Sierra-Castillo","doi":"10.32479/ijeep.15694","DOIUrl":"https://doi.org/10.32479/ijeep.15694","url":null,"abstract":"Currently, the generation of CO2 emissions into the environment has increased due to the use of fossil fuels by the transportation sector and other economic sectors, motivating governments to propose mitigation actions. As a result, the search for zero-emission transportation alternatives has gained momentum, with Hydrogen technology being one of the promising solutions due to its clean and efficient energy source. In compliance with this, the Hydrogen roadmap was developed in Colombia, which seeks to encourage the use of hydrogen as a fuel and energy generator in the country. In this study, the current composition of the vehicle fleet was characterized, then a dynamic simulation model was constructed for the replacement of fossil fuel vehicles with zero-emission vehicles, considering the particularities of the country, to finally analyze the generation of CO2 in the vehicle fleet from different scenarios related to the policies proposed by the government of Colombia and stipulated in the roadmap of hydrogen. With this, it was possible to demonstrate the positive impact of taking measures for vehicle replacement in the long term. Additionally, the model could be employed in other countries, considering the particularities of the vehicle fleet and the regulations specific to the regions.","PeriodicalId":38194,"journal":{"name":"International Journal of Energy Economics and Policy","volume":" 12","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140998441","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}