International Journal of Energy Sector Management最新文献

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Energy-related financial literacy and energy consumption: a study of residential households in West Bengal, India 与能源有关的金融知识和能源消耗:对印度西孟加拉邦居民家庭的研究
IF 3.1
International Journal of Energy Sector Management Pub Date : 2023-12-14 DOI: 10.1108/ijesm-06-2023-0009
S. Maji, Puja Chakraborty
{"title":"Energy-related financial literacy and energy consumption: a study of residential households in West Bengal, India","authors":"S. Maji, Puja Chakraborty","doi":"10.1108/ijesm-06-2023-0009","DOIUrl":"https://doi.org/10.1108/ijesm-06-2023-0009","url":null,"abstract":"\u0000Purpose\u0000Energy-related financial literacy (ERFL) which consists of energy literacy, financial literacy and lifecycle cost literacy, can play an instrumental role in addressing climate change by ensuring efficient energy consumption (macro level benefit) and promoting financial well-being (micro level benefit) of households. This study aims to highlight the ERFL level and its effect on the energy consumption of the sample households in the state of West Bengal, India.\u0000\u0000\u0000Design/methodology/approach\u0000The study used primary data on 155 sample households from the two districts, i.e. Hooghly and North 24 Parganas in West Bengal, India, surveyed from September 2022 to November 2022 using a structured questionnaire. The study used the conceptual framework suggested by Blasch et al. (2018) to measure the ERFL. Pertinent statistical techniques and the ordinary least square regression method were used to attain the objectives of the study.\u0000\u0000\u0000Findings\u0000The outcome of the study showed that the average ERFL score was found to be moderate (63%). The findings of the study also indicated that the ERFL exerts a positive influence on reducing energy consumption among the sample households in India.\u0000\u0000\u0000Originality/value\u0000There is a dearth of research studies on the topic of ERFL around the globe. The very few studies so far conducted are mostly in the context of European economies and Nepal. Perhaps, to the best of the our knowledge, this is the first study on the issue of ERFL in the Indian context. Therefore, the present study will make an original contribution to the small but growing scholarship on ERFL.\u0000","PeriodicalId":46430,"journal":{"name":"International Journal of Energy Sector Management","volume":"14 S4","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-12-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138975399","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}
引用次数: 0
Intention to use green energy among Chinese adults: an extended value-attitude-intention model 中国成年人使用绿色能源的意向:一个扩展的价值-态度-意向模型
IF 3.1
International Journal of Energy Sector Management Pub Date : 2023-12-13 DOI: 10.1108/ijesm-06-2023-0018
Wai Ming To, King Hang Lam
{"title":"Intention to use green energy among Chinese adults: an extended value-attitude-intention model","authors":"Wai Ming To, King Hang Lam","doi":"10.1108/ijesm-06-2023-0018","DOIUrl":"https://doi.org/10.1108/ijesm-06-2023-0018","url":null,"abstract":"\u0000Purpose\u0000Switching to green energy is a crucial step in achieving carbon neutrality. This study aims to explore what motivates people to use green energy and how much more people are willing to pay for green energy.\u0000\u0000\u0000Design/methodology/approach\u0000Grounded on the value–attitude–intention hierarchy, this study proposes that environmental consciousness as a human value influences attitudes including attitude toward environmental issues and attitude toward ecosocial benefits while attitudes, information and knowledge about green energy and quality and price of green energy influence people’s intention to use green energy. Data were collected from 342 Chinese adults.\u0000\u0000\u0000Findings\u0000Results showed that environmental consciousness significantly and positively influenced attitudes while attitude toward environmental issues had the greatest effect on people’s intention to use green energy, followed by quality and price of green energy. About 44% respondents were willing to pay 2.5% to <5% more money for green energy.\u0000\u0000\u0000Originality/value\u0000This study extended the use of value–attitude–intention hierarchy to investigate what motivates people to use green energy. Specifically, this study demonstrated that quality and price, and knowledge and information also significantly shaped people’s intention to use green energy significantly.\u0000","PeriodicalId":46430,"journal":{"name":"International Journal of Energy Sector Management","volume":"69 12","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-12-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139004627","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}
引用次数: 0
Validation of sustainability indicators in the energy sector considering their relationship with the UN SDGs: analysis of an emerging economy country using the Lawshe method 考虑到能源部门可持续性指标与联合国可持续发展目标的关系,验证能源部门可持续性指标:使用劳舍方法对一个新兴经济体国家进行分析
IF 3.1
International Journal of Energy Sector Management Pub Date : 2023-12-12 DOI: 10.1108/ijesm-10-2023-0010
Samille Souza Marinho, Armando Gomes Rego Neto, Reimison Moreira Fernandes, André Cristiano Silva Melo, Leonardo dos Santos Lourenço Bastos, Vitor William Batista Martins
{"title":"Validation of sustainability indicators in the energy sector considering their relationship with the UN SDGs: analysis of an emerging economy country using the Lawshe method","authors":"Samille Souza Marinho, Armando Gomes Rego Neto, Reimison Moreira Fernandes, André Cristiano Silva Melo, Leonardo dos Santos Lourenço Bastos, Vitor William Batista Martins","doi":"10.1108/ijesm-10-2023-0010","DOIUrl":"https://doi.org/10.1108/ijesm-10-2023-0010","url":null,"abstract":"\u0000Purpose\u0000This study aims to identify sustainability indicators in the energy sector through a literature review and validate them from the perspective and context of professionals working in the sector in an emerging economy country, Brazil, considering the relationship of these indicators with the achievement of the targets set by the United Nations sustainable development goals (UN SDGs).\u0000\u0000\u0000Design/methodology/approach\u0000To accomplish this, a literature review on sustainability indicators specific to the energy sector was conducted. Subsequently, a research instrument (questionnaire) based on the identified indicators was developed and a survey was administered to professionals in the field. The collected data were analyzed using the Lawshe method.\u0000\u0000\u0000Findings\u0000The results revealed 20 indicators, distributed across environmental, economic and social dimensions. Among these, nine indicators were validated, including global impacts, local impacts, renewable energy production as a percentage of total production, greenhouse gas emissions, access to electricity, investment in the energy sector, installed capacity in the electricity sector, energy prices in the end-use sector and energy distribution and conversion efficiency.\u0000\u0000\u0000Originality/value\u0000Consequently, it was possible to determine which SDGs are directly impacted and provide a foundation for future actions that can contribute to the sustainable advancement of the energy sector in emerging countries.\u0000","PeriodicalId":46430,"journal":{"name":"International Journal of Energy Sector Management","volume":"31 3","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138633124","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}
引用次数: 0
Corporate power purchase agreements and the value of decarbonization 企业购电协议和去碳化的价值
IF 3.1
International Journal of Energy Sector Management Pub Date : 2023-12-11 DOI: 10.1108/ijesm-03-2023-0008
Steffen Hundt
{"title":"Corporate power purchase agreements and the value of decarbonization","authors":"Steffen Hundt","doi":"10.1108/ijesm-03-2023-0008","DOIUrl":"https://doi.org/10.1108/ijesm-03-2023-0008","url":null,"abstract":"\u0000Purpose\u0000The purpose of this paper is to examine if the announcement of corporate power purchase agreements (PPAs) induce significant effects on the electricity buyers' stock returns.\u0000\u0000\u0000Design/methodology/approach\u0000This is an event study based on the Fama French Five Factor Model which uses several significance tests and robust regression approaches.\u0000\u0000\u0000Findings\u0000The announced closing of corporate PPAs induces significant positive abnormal stock returns. This announcement effect is even more pronounced in case of virtual PPAs.\u0000\u0000\u0000Originality/value\u0000To the best of the author‘s knowledge, this study is the first which explictly investigates the announcement effects of corporate PPAs, which are closed between the owner of the renewable energy asset and the institutional end consumer. In addition, this study extends the event study approach by robust regression methods.\u0000","PeriodicalId":46430,"journal":{"name":"International Journal of Energy Sector Management","volume":"11 17","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-12-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138584421","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}
引用次数: 0
Urbanization and modern renewable energy consumption among East African community (EAC) countries: an empirical analysis 东非共同体(EAC)国家的城市化和现代可再生能源消费:实证分析
IF 3.1
International Journal of Energy Sector Management Pub Date : 2023-12-05 DOI: 10.1108/ijesm-05-2023-0028
Jennifer Nabaweesi, T. Kaawaase, Faisal Buyinza, M. Adaramola, Sheila Namagembe, I. Nkote
{"title":"Urbanization and modern renewable energy consumption among East African community (EAC) countries: an empirical analysis","authors":"Jennifer Nabaweesi, T. Kaawaase, Faisal Buyinza, M. Adaramola, Sheila Namagembe, I. Nkote","doi":"10.1108/ijesm-05-2023-0028","DOIUrl":"https://doi.org/10.1108/ijesm-05-2023-0028","url":null,"abstract":"\u0000Purpose\u0000Modern renewable energy is crucial for environmental conservation, sustainable economic growth and energy security, especially in developing East African nations that heavily use traditional biomass. Thus, this study aims to examine urbanization and modern renewable energy consumption (MREC) in East African community (EAC) while controlling for gross domestic product (GDP), population growth, foreign direct investment (FDI), industrialization and trade openness (TOP).\u0000\u0000\u0000Design/methodology/approach\u0000This study considers a balanced panel of five EAC countries from 1996 to 2019. Long-run dynamic ordinary least squares (DOLS) and fully modified ordinary least squares estimations were used to ascertain the relationships while the vector error-correction model was used to ascertain the causal relationship.\u0000\u0000\u0000Findings\u0000Results show that urbanization, FDI, industrialization and TOP positively affect MREC. Whereas population growth and GDP reduce MREC, the effect for GDP is not that significant. The study also found a bidirectional causality between urbanization, FDI, TOP and MREC in the long run.\u0000\u0000\u0000Practical implications\u0000Investing in modern renewable energy facilities should be a top priority, particularly in cities with expanding populations. The governments of the EAC should endeavor to make MREC affordable among the urban population by creating income-generating activities in the urban centers and sensitizing the urban population to the benefits of using MREC. Also, the government may come up with policies that enhance the establishment of lower prices for modern renewable energy commodities so as to increase their affordability.\u0000\u0000\u0000Originality/value\u0000MREC is a new concept in the energy consumption literature. Much of the research focuses on renewable energy consumption including the use of traditional biomass which contributes to climate change negatively. Besides, the influence of factors such as urbanization has not been given significant attention. Yet urbanization is identified as a catalyst for MREC.\u0000","PeriodicalId":46430,"journal":{"name":"International Journal of Energy Sector Management","volume":"78 18","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-12-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138600132","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}
引用次数: 0
The effect of the COVID-19 pandemic on Malaysian residential customers’ energy-saving appliance purchasing behaviour COVID-19 大流行对马来西亚居民客户节能电器购买行为的影响
IF 3.1
International Journal of Energy Sector Management Pub Date : 2023-12-04 DOI: 10.1108/ijesm-02-2023-0006
Amar Hisham bin Jaaffar, S. Kasavan, S. Mustapa, A. Al-Amin
{"title":"The effect of the COVID-19 pandemic on Malaysian residential customers’ energy-saving appliance purchasing behaviour","authors":"Amar Hisham bin Jaaffar, S. Kasavan, S. Mustapa, A. Al-Amin","doi":"10.1108/ijesm-02-2023-0006","DOIUrl":"https://doi.org/10.1108/ijesm-02-2023-0006","url":null,"abstract":"\u0000Purpose\u0000The COVID-19 pandemic has caused a dramatic impact on energy supply and demand. It is vital to understand households’ behaviour with regard to energy, particularly during the pandemic, to deploy future sustainable energy systems. This study aims to investigate the nexus of Malaysian households’ energy consumption behaviour in relation to various electrical appliances, their energy-saving appliance purchasing behaviour and their current possession of energy-saving appliances during the pandemic, especially during the lockdown period, from the perspective of the energy cultures framework.\u0000\u0000\u0000Design/methodology/approach\u0000The partial least squares structural equation modelling technique was used to test hypothesised relationships based on the 1,485 pieces of household data collected using an online and physical survey during the lockdown period in Malaysia.\u0000\u0000\u0000Findings\u0000The energy-saving behaviour cultivated due to the impact of the COVID-19 pandemic led to residential customers’ intentions to purchase energy-saving appliances which subsequently led to their current possession of energy-saving appliances. Indeed, energy-saving behaviours in the kitchen, entertainment, office, home lighting and cooling appliances have more than 77.4% influence on their purchasing behaviour. The consumer’s purchase behaviour for energy-saving appliances has a significant, partially mediating influence on the energy-saving behaviour of various electrical appliances and the consumers’ current possession of energy-saving appliances.\u0000\u0000\u0000Research limitations/implications\u0000This study could be enhanced by improving the sample using a higher-income group and involving other parts of Malaysia such as the southern region. The findings do extend the energy cultures framework by demonstrating the mediating role of households’ energy-saving appliance purchasing behaviour on the relationship between their energy consumption behaviour in relation to various electrical appliances and their current possession of energy-saving appliances.\u0000\u0000\u0000Practical implications\u0000The results of this study will help develop future action plans for transitioning to energy-saving appliance practices.\u0000\u0000\u0000Originality/value\u0000This paper examines the effects of the COVID-19 pandemic on future energy efficiency practices in developing countries from the perspective of the energy cultures framework.\u0000","PeriodicalId":46430,"journal":{"name":"International Journal of Energy Sector Management","volume":"16 26","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-12-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138601657","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}
引用次数: 0
A bibliometric review of consumers’ purchase behaviour for solar energy products 消费者购买太阳能产品行为的文献计量学回顾
IF 3.1
International Journal of Energy Sector Management Pub Date : 2023-12-04 DOI: 10.1108/ijesm-03-2023-0018
Arshiya Fathima M.S., Adil Khan, Ansari Sarwar Alam
{"title":"A bibliometric review of consumers’ purchase behaviour for solar energy products","authors":"Arshiya Fathima M.S., Adil Khan, Ansari Sarwar Alam","doi":"10.1108/ijesm-03-2023-0018","DOIUrl":"https://doi.org/10.1108/ijesm-03-2023-0018","url":null,"abstract":"\u0000Purpose\u0000This study aims to conduct the domain mapping of consumer behaviour research in the context of solar energy. The study can help in understanding the intellectual structure, evolution of keywords and key research producers (at the author, institutional and source level) related to the domain of solar energy consumer research.\u0000\u0000\u0000Design/methodology/approach\u0000This study uses R-studios’ bibliometrix package for analysing the bibliographical data collected from the Scopus database. Analysis has been conducted at the descriptive level (summary, author, institution and source) and analytical level (co-citation analysis, co-occurrence analysis, thematic maps and historiography).\u0000\u0000\u0000Findings\u0000This study finds out the most relevant authors, institutions and sources using criteria such as production, citations and H-index. Relevant research clusters have been identified using the clustering of authors, co-citations and keywords. Thematic mapping has identified the basic and motor themes. Historical citation analysis shows the direct linkage of previous studies. Overall, this study reports the most relevant bibliometric indicators in the domain of solar energy consumer research.\u0000\u0000\u0000Practical implications\u0000Identified patterns can help policymakers, business experts, social marketers and energy conservation organisations to study consumer behaviour.\u0000\u0000\u0000Social implications\u0000Thiis bibliometric study can effectively assess sustainable development goals and suggest improved action plans.\u0000\u0000\u0000Originality/value\u0000This study examined bibliometric analysis in solar energy products (SEPs), recognised varied domains of research work on consumers’ intention to purchase solar household products and mapped them into six groups. This study provides an overview of 40 years of research on consumer behaviour towards SEPs and discusses its findings to identify the research gap.\u0000","PeriodicalId":46430,"journal":{"name":"International Journal of Energy Sector Management","volume":"25 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-12-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138601697","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}
引用次数: 0
A proposed HAZOP based upgradation model for improvement in existing industrial practices: a geothermal energy industry case study 基于 HAZOP 的改进现有工业实践的拟议升级模型:地热能源行业案例研究
IF 3.1
International Journal of Energy Sector Management Pub Date : 2023-11-30 DOI: 10.1108/ijesm-12-2022-0010
V. Pandey, A. Sircar, K. Yadav, N. Bist
{"title":"A proposed HAZOP based upgradation model for improvement in existing industrial practices: a geothermal energy industry case study","authors":"V. Pandey, A. Sircar, K. Yadav, N. Bist","doi":"10.1108/ijesm-12-2022-0010","DOIUrl":"https://doi.org/10.1108/ijesm-12-2022-0010","url":null,"abstract":"Purpose This paper aims to conduct a detailed analysis of the industrial practices currently being used in the geothermal energy industry and to determine whether they are contributing to any limitations. A HAZOP-based upgradation model for improvement in existing industrial practices is proposed to ensure the removal of inefficient conventional practices. The HAZOP-based upgradation model examines the setbacks, identifies its causes and consequences and suggests improvement methods comprising of modern-day technology. Design/methodology/approach This paper proposed a HAZOP-based upgradation model for improvement in existing industrial practices. The proposed HAZOP model identifies the drawbacks brought on by conventional practices and suggests improvements. Findings The study reviewed the challenges geothermal power plants currently face due to conventional practices and suggested a total of 22 upgradation recommendations. From those, a total of 11 upgradation modules comprising modern digital technology and Industry 4.0 elements were proposed to improve the existing practices in the geothermal energy industry. Autonomous robots, augmented reality, machine learning and Internet of Things were identified as useful methods for the upgradation of the existing geothermal energy system. Research limitations/implications If proposed recommendations are incorporated, the efficiency of geothermal energy generation will increase as cumulating setbacks will no longer degrade the work output. Practical implications The proposed recommendation by the study will make way for Industry 4.0 integration with the geothermal energy sector. Originality/value The paper uses a proposed HAZOP-based upgradation model to review issues in existing industrial practices of the geothermal energy sector and recommends solutions to overcome operability issues using Industry 4.0 technologies.","PeriodicalId":46430,"journal":{"name":"International Journal of Energy Sector Management","volume":"6 11","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139203893","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}
引用次数: 0
Perspectives of organizational culture in the Brazilian oil, gas and biofuels companies 巴西石油、天然气和生物燃料公司的组织文化视角
IF 3.1
International Journal of Energy Sector Management Pub Date : 2023-11-24 DOI: 10.1108/ijesm-07-2023-0001
Alexandre dos Reis, José Manuel Cristovão Veríssimo
{"title":"Perspectives of organizational culture in the Brazilian oil, gas and biofuels companies","authors":"Alexandre dos Reis, José Manuel Cristovão Veríssimo","doi":"10.1108/ijesm-07-2023-0001","DOIUrl":"https://doi.org/10.1108/ijesm-07-2023-0001","url":null,"abstract":"Purpose The purpose of this study is to analyze the aspects of the organizational culture (OC) of companies operating in the Brazilian oil, gas and biofuels (O&G) sector based on semistructured interviews with managers of these organizations and its content analysis. Design/methodology/approach This research was conducted based on semistructured interviews with 12 managers of Brazilian O&G companies and analyzed with a computer-assisted qualitative data analysis software, namely, MAXQDA™. Findings The results make it possible to obtain the perception of managers about OC, generally understood as a set of attributes and variables of social order, supported by the historical–culturalist theoretical approach. Information about the explicit and implicit manifestation of culture, as well as the evaluation of the most appropriate research instruments and metrics, were also obtained after the interviews. Originality/value This study presents detailed results about OC and its characteristics in the perception of managers of the O&G companies that operate in the Brazilian market.","PeriodicalId":46430,"journal":{"name":"International Journal of Energy Sector Management","volume":"203 ","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-11-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139242390","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}
引用次数: 0
Financial development and renewable energy deployment in sub-Saharan African countries 撒哈拉以南非洲国家的金融发展与可再生能源的部署
IF 3.1
International Journal of Energy Sector Management Pub Date : 2023-11-20 DOI: 10.1108/ijesm-06-2023-0012
Souleymane Diallo, Youmanli Ouoba
{"title":"Financial development and renewable energy deployment in sub-Saharan African countries","authors":"Souleymane Diallo, Youmanli Ouoba","doi":"10.1108/ijesm-06-2023-0012","DOIUrl":"https://doi.org/10.1108/ijesm-06-2023-0012","url":null,"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.","PeriodicalId":46430,"journal":{"name":"International Journal of Energy Sector Management","volume":"9 4","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139258464","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}
引用次数: 0
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