Evaluating the nexus between energy transition and load capacity factor in Germany
Evidence from novel quantile-based approaches
Bibliographic Data
| ID | 19499879 |
|---|---|
| Authors | Oktay Ozkan (0000-0001-9419-8115, Department of Business Administration, Faculty of Economics and Administrative Sciences, Tokat Gaziosmanpasa University, Tokat, Turkey), Mehmet Akif Destek (0000-0002-2514-9405, Department of Economics, Gaziantep University, Gaziantep, Turkey, corresponding author), Sercan Aydın (0000-0002-7453-4473, Department of Economics, Gaziantep University, Gaziantep, Turkey) |
| Year | 2024 |
| Volume | 31 |
| Issue | 6 |
| Pages | 707-725 |
| Publication date | 2024-08-17 |
| Open Access | No |
| Type | ARTICLE |
| Venue | International Journal of Sustainable Development & World Ecology (JOURNAL) |
| Journal identifiers | ISSN: 1350-4509 • E-ISSN: 1745-2627 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/13504509.2024.2329224 |
| OpenAlex | W4392754912 |
| Language | EN |
| Citations received | 4 |
| References cited | 83 |
This study attempts to investigate how Germany’s energy transition has affected environmental quality by considering natural resources, economic growth, financial development, and financial globalization for the period from 1980 to 2021. It is also aimed to discover that the interactions alter with different levels of load capacity factor and explanatory variables using novel quantile-based approaches. Thanks to the unique approaches utilized, the environmental efficacy of the energy transition process can be determined for different quantiles and time periods. The results reveal that although financial globalization and financial development enhance environmental quality, economic growth and increasing natural resource rents harms environment. In addition, the increase in energy transition in all quantiles also has a positive effect on the load capacity. This impact is weak in quantiles with high and low environmental quality, but it becomes more pronounced in middle quantiles of load capacity. Our study offers various policy recommendations to increase the short- and long-term low-level environmental effectiveness of the energy transition process in Germany
Econometrics · Economic rent · Economics · Environmental quality · Globalization · Market economy · Microeconomics · Natural resource · Natural resource economics · Political science · Quantile · Quantile regression · Climate Change Policy and Economics · Computer Science · Energy, Environment, Economic Growth · Environmental Impact and Sustainability
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| Citations per year | 2 |
|---|---|
| Citation span | 2024 - 2026 (3) |
| Highly cited | No |