Heterogeneous impact of CO2 emissions on renewable energy technology innovation between oil importers and exporters

2020 ◽  
pp. 0958305X2092893
Author(s):  
Bai Liu ◽  
Yutian Liu ◽  
Ailian Zhang

With the depletion of fossil energy and the rise of global temperature, it is urgent to use renewable energy to solve environmental problems. By studying the heterogeneous relationship between CO2 emissions and renewable energy technology innovation in different countries, we can find out the gap and something helpful to energy development. In the empirical test, we use the negative binomial regression model with fixed effects to study the impact of CO2 emissions on renewable energy technology innovation from 1997 to 2016. The research shows that impact is positive in oil-importing countries, but this relationship is not established in oil-exporting countries. In both oil importers and oil exporters, CO2 emissions have a positive effect on the solar energy technological innovation, however, the influence on the technology innovation of solar energy in oil exporters is more significant than that of renewable energy. Whether for oil importers or oil exporters, it can be more reasonable and effective to develop renewable energy by clarifying the impact of CO2 emissions on domestic renewable energy technology innovation.

2020 ◽  
Author(s):  
Agha Amad Nabi ◽  
Muhammad Azhar Magsi ◽  
Suresh Ramakrishnan ◽  
Fayaz Hussain Tunio

Abstract The foremost need for countries especially Pakistan and other Asian countries is the hunt for renewable and alternative energy because the scarcity of energy is faced by many countries like Pakistan. There are a number of approaches seeking to demonstrate the diffusion of renewable energy technologies (RET). Learning and experience curves are the highest generally exercised instruments, followed by further economic, policy- and barrier-related analyses. The purpose of this study is to support research on the role of raw material prices specifically oil price and gas price on Renewable energy diffusion. Panel regression with fixed effects model is applied on data of 3 Asian countries namely Pakistan, India, and China for the period 1990 to 2012 gathered from World Bank and EIA (Energy Information Administration). The findings reveal that the model confirms an adequate fit and a very significant influence of oil prices on investments in renewable energy technology capacity whereas the insignificant influence of natural gas prices in a renewable energy technology capacity.


2020 ◽  
Vol 2 (2) ◽  
pp. 99-111
Author(s):  
Jidapa Ungwanitban ◽  
Salah ud Din Taj

Renewable energy plays a significant role in mitigating C02 emission and boosts sustainable development. Initially, this study examines those factors which create hurdles in adopting renewable energy technology in Thailand. Later, this study examined the impact of renewable energy with other supporting variables on Thailand's total energy consumption. For this purpose, this study used 38 years of data from 1990 to 2018. Initially, the Augmented Dickey fuller test applied to verify the order of integration on indicators, and it confirms that there exists a unit order of integration. Then applied Johansen Cointegration, and it confirms that there are long-run relationships among trade openness, GDP, energy consumption (fossil fuels), financial development, and renewable energy consumption. Further applied Vector error correction model (VECM) to estimates the coefficients on indicators. Results confirm that openness to trade endorses the consumption of renewable energy in Thailand. However, the development of the economy and traditional energy resources creates hurdles to adapting renewable energy in Thailand. Renewable energy technology in Thailand did not significantly impact financial growth and development. After the research, the researcher advised the government of Thailand to adopt and implement the regulations and policies that maximize the magnitude of renewable energy and maximize the portion of renewable energy in total consumption of the overall energy consumption for the country Thailand.


Author(s):  
Arkadii Yu. Zhulavskyi ◽  
Anatolii V. Pavlyk ◽  
Yuliia M. Shkodina ◽  
Evhenyi A. Perekhod ◽  
Tetyana V. Gorobchenko

The life cycle of renewable energy sources has been analyzed in the research paper. The differences and specific features of life cycles of traditional and renewable energy sources have been identified. A proprietary scheme of the life cycle of renewable energy sources has been proposed, which takes into account the identified features compare to traditional energy sources. The renewable energy life cycle consists of three stages and ten phases. The eco-destructive impact of renewable energy sources at each stage of the life cycle has been investigated and presented, which makes it possible to assess objectively and take into account the complex eco-destructive impact of the use of a specific object that uses renewable energy sources. The studies of Al-Mulali, Apergis, and Payne, Dogan and Turkekul, Menegaki, confirming the relationship between growth indicators (Gross Domestic Product) and the growth of energy produced by renewable energy sources were examined. The total electricity consumption in the world for the period 1973–2016 was considered. Comparisons of traditional and renewable energy sources by service life and life cycle are given, and the main stages and phases of the life cycle of renewable energy sources are examined in detail. The stages of development and creation of renewable energy technology, namely the stages of development and creation of renewable energy technology, the operation of renewable energy facilities and the utilization and recycling of renewable energy components were considered. The impact of renewable energy on the environment from reservoirs and the specific effects of the use of renewable energy facilities has been studied. To identify adverse factors of influence, from eco-destructive impact, the stages of the structural composition of the renewable energy life cycle were examined to find possible ways to eliminate them at each stage. Key words: renewable energy sources, life cycle, energy, energy production, management of natural resources.


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