Dynamic dependence nexus and causality of the renewable energy stock markets on the fossil energy markets

Energy ◽  
2021 ◽  
pp. 121191
Author(s):  
Yonghong Jiang ◽  
Jieru Wang ◽  
Jiayi Lie ◽  
Bin Mo
2019 ◽  
Vol 84 ◽  
pp. 104564 ◽  
Author(s):  
Yingjie Song ◽  
Qiang Ji ◽  
Ya-Juan Du ◽  
Jiang-Bo Geng

2021 ◽  
Vol 13 (8) ◽  
pp. 4418
Author(s):  
Miraj Ahmed Bhuiyan ◽  
Jaehyung An ◽  
Alexey Mikhaylov ◽  
Nikita Moiseev ◽  
Mir Sayed Shah Danish

The main goal of this study is to evaluate the impact of restrictive measures introduced in connection with COVID-19 on consumption in renewable energy markets. The study will be based on the hypothesis that similar changes in human behavior can be expected in the future with the further spread of COVID-19 and/or the introduction of additional quarantine measures around the world. The analysis also yielded additional results. The strongest reductions in energy generation occurred in countries with a high percentage (more than 80%) of urban population (Brazil, USA, the United Kingdom and Germany). This study uses two models created with the Keras Long Short-Term Memory (Keras LSTM) Model, and 76 and 10 parameters are involved. This article suggests that various restrictive strategies reduced the sustainable demand for renewable energy and led to a drop in economic growth, slowing the growth of COVID-19 infections in 2020. It is unknown to what extent the observed slowdown in the spread from March 2020 to September 2020 due to the policy’s impact and not the interaction between the virus and the external environment. All renewable energy producers decreased the volume of renewable energy market supply in 2020 (except China).


2021 ◽  
Vol 26 (2) ◽  
pp. 2434-2440
Author(s):  
CRISTINA BACĂU ◽  
◽  
NICOLETA MATEOC-SÎRB ◽  
RAMONA CIOLAC ◽  
TEODOR MATEOC ◽  
...  

The use of renewable energy resources is gaining more and more ground, thanks to the continuous increase in the price of fossil energy and the decrease in stocks, and the management of waste from nuclear energy production, respectively. The implementation of an energy strategy to harness the potential of renewable energy sources (RES) is part of the coordinates of Romania’s medium – and long-term energy development and provides the appropriate framework for the making of decisions on energy alternatives and the inclusion in the Community acquis in the field. In this respect, a study on the biomass potential of Timiş County and on the possibilities of producing unconventional energy from biomass has been carried out. The study is based on research, data collection from the literature, as well as from official documents or official websites, the processing and interpretation of the data and their quantitative and qualitative analysis. It was concluded that biomass is a promising renewable energy source for Romania, both in terms of potential and in terms of usability.


2021 ◽  
Vol 4 (2) ◽  
Author(s):  
Ligan Budi Pratomo ◽  
Nazaruddin Sinaga

Energy use always increases, especially fossil energy. Through the National Energy Policy, the government continues to strive to increase the role of new and renewable energy sources so as to reduce dependence on fossil energy. Solar power generation is a type of renewable energy generator that capable to convert solar energy to electric energy. The main components of solar power generatios are batteries, solar panels, charger controllers, and inverters.  Solar power generations technology itself is always being developed, such as automatic monitoring and sun tracking systems designed to improve system performance. One of the applications of solar power generations is in the household sector. In this sector consumes 49% of the national electricity energy in 2018. This type of generator is categorized as a roof solar power generations. Based on existing data, there were 1400  roof solar power generations users in September 2019. The development of solar energy utilization for the household sector is very appropriate because it can help achieve renewable energy about 23% in 2025 and 31% in 2050 in the national energy mix.


2020 ◽  
Vol 49 (2) ◽  
pp. 321-359
Author(s):  
Saketh Aleti ◽  
Gal Hochman

In this article, we present a model of the electricity sector where generation technologies are intermittent. The economic value of an electricity generation technology is given by integrating its production profile with the market price of electricity. We use estimates of the consumer's intertemporal elasticity of substitution for electricity consumption while parameterizing the model empirically to numerically calculate the elasticity between renewables and fossil energy. We find that there is a non-constant elasticity of substitution between renewable and fossil energy that depends on prices and intermittency. This suggests that the efficacy and welfare effects of carbon taxes and renewable subsidies vary geographically. Subsidizing research into battery technology and tailoring policy for local energy markets can mitigate these distributional side effects while complementing traditional policies used to promote renewable energy.


Energies ◽  
2020 ◽  
Vol 13 (12) ◽  
pp. 3162 ◽  
Author(s):  
Tiantian Liu ◽  
Shigeyuki Hamori

This paper examines the spillovers of return and volatility transmitted from fossil energies (crude oil and natural gas) and several important financial variables (stock market index, bonds, and the volatility index) to renewable stock markets in the US and Europe under the time-frequency domain frameworks. The total spillovers of return and volatility from all variables to renewable stock markets in the US are higher than those in Europe. Stock markets transmit the highest return spillovers to renewable energy stocks, which far exceed the spillovers from fossil energy to renewable energy stocks in both regions. In addition, both return and volatility spillovers could be enhanced, possibly due to specific events or sudden changes in prices. In particular, extreme events such as the Brexit referendum in 2016 influenced mostly the volatility spillovers across European markets. Moreover, the spillovers of return and volatility are contingent on frequency, and most return spillovers are concentrated at the high frequency, whereas most volatility spillovers are concentrated at the low frequency. These results remind investors that it is necessary to consider the investment horizon when making their financial decisions on renewable energy investment.


2018 ◽  
Vol 73 ◽  
pp. 02002
Author(s):  
Sudharto Prawata Hadi ◽  
Bulan Prabawani ◽  
Hartuti Purnaweni

One crucial problem faced by Indonesia is the dependence on fossil energy reaching to 93,3%, while the share of renewable energy is only 7,7%. This causes two implications. Firstly, Indonesia is at the situation of insecurity energy due to the limitation of the availability of fossil energy. Since 2004, Indonesia is net importer oil country. Secondly, the use of fossil energy creates CO2, a component of green house gases stimulating global warming and climate change. One strategy to deal with this problem is by implementing new energy system consisting of developing renewable energy and energy efficiency. This paper observes the impact of the use of fossil energy, the measures taken to deal with these problems and the issues of implementing the measures. This research relies on secondary data available at the Ministry of Energy and Mineral Resource, Ministry of Environment and Forestry specifically at by Proper Secretariat, and other relevant sources.


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