Does renewable energy promote energy security and economic growth in the Association of Southeast Asian Nations? 1

2020 ◽  
pp. 81-105
Author(s):  
Rabindra Nepal ◽  
Hammed Musibau ◽  
Farhad Taghizadeh-Hesary
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Security ◽  
Southeast Asian

scholarly journals A Review on Energy and Renewable Energy Policies in Iran

2021 ◽  
Vol 13 (13) ◽  
pp. 7328
Author(s):  
Saeed Solaymani
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Causal Relationship ◽  
Energy Security ◽  
Fossil Fuels ◽  
Agricultural Products ◽  
Energy Resources ◽  
Causality Analysis ◽  
Renewable Energy Consumption

Iran, endowed with abundant renewable and non-renewable energy resources, particularly non-renewable resources, faces challenges such as air pollution, climate change and energy security. As a leading exporter and consumer of fossil fuels, it is also attempting to use renewable energy as part of its energy mix toward energy security and sustainability. Due to its favorable geographic characteristics, Iran has diverse and accessible renewable sources, which provide appropriate substitutes to reduce dependence on fossil fuels. Therefore, this study aims to examine trends in energy demand, policies and development of renewable energies and the causal relationship between renewable and non-renewable energies and economic growth using two methodologies. This study first reviews the current state of energy and energy policies and then employs Granger causality analysis to test the relationships between the variables considered. Results showed that renewable energy technologies currently do not have a significant and adequate role in the energy supply of Iran. To encourage the use of renewable energy, especially in electricity production, fuel diversification policies and development program goals were introduced in the late 2000s and early 2010s. Diversifying energy resources is a key pillar of Iran’s new plan. In addition to solar and hydropower, biomass from the municipal waste from large cities and other agricultural products, including fruits, can be used to generate energy and renewable sources. While present policies indicate the incorporation of sustainable energy sources, further efforts are needed to offset the use of fossil fuels. Moreover, the study predicts that with the production capacity of agricultural products in 2018, approximately 4.8 billion liters of bioethanol can be obtained from crop residues and about 526 thousand tons of biodiesel from oilseeds annually. Granger’s causality analysis also shows that there is a unidirectional causal relationship between economic growth to renewable and non-renewable energy use. Labor force and gross fixed capital formation cause renewable energy consumption, and nonrenewable energy consumption causes renewable energy consumption.

ENERGY INSECURITY, RENEWABLE ENERGY AND ECONOMIC GROWTH

2020 ◽  
pp. 1-10
Author(s):  
FARHAD TAGHIZADEH-HESARY ◽  
YOUNGHO CHANG ◽  
NAOYUKI YOSHINO ◽  
PETER J. MORGAN
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Security ◽  
Policy Implications ◽  
Panel Analysis ◽  
Health Issues ◽  
Special Issue ◽  
Household Level ◽  
Introductory Paper ◽  
Multidimensional Concept

Energy security, a multidimensional concept that encompasses the notion of resource availability, accessibility, environmental acceptability and cost affordability, has been widely discussed. However, the same cannot be said about energy insecurity, a concept that may not necessarily mirror energy security, but also comprises the various consequences of energy unavailability. Energy insecurity mostly affects the poorest and can lead to deepened inequalities and poor health at the household level. One solution for tackling energy insecurity could be adoption of renewable energy. Power generated from renewable sources could help in mitigating energy price fluctuations and reduce health issues, as well as encourage stable economic growth. This special issue discusses the interaction between the three concepts through careful case studies and panel analysis and proposes various policy implications for energy policymakers. This introductory paper introduces the articles selected for this special issue.

scholarly journals Green Technological Development and Deployment in the Association of Southeast Asian Economies (ASEAN)—At Crossroads or Roundabout?

2021 ◽  
Vol 13 (2) ◽  
pp. 758
Author(s):  
Rabindra Nepal ◽  
Han Phoumin ◽  
Abiral Khatri
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
Renewable Energy ◽  
Fossil Fuels ◽  
Southeast Asian ◽  
Green Energy ◽  
Hydrogen Energy ◽  
Asian Economies ◽  
Ccs Technologies ◽  
Sustainable Economic Growth

Southeast Asia faces one of the fastest growths in electricity demand in the world, driven by increasing incomes, urbanization and industrialization. Development and deployment of green energy technologies offer a natural conduit to meet the growing electricity needs of the Association of Southeast Asian Economies (ASEAN) region while also serving as a viable strategy to adapt to climate change. The aim of this study is to formulate the policy lessons for the ASEAN economies and governments in facilitating the development and deployment of green technologies and alternatives energy options based on a specific case review of the ASEAN. The ASEAN economic region is prioritizing sustainable economic growth while minimizing the regional impacts of climate change through decarbonization. The study undertakes a case-specific analysis in reviewing green energy deployment in the context of green growth and energy transition using secondary data sources and discusses the current status and future options of renewable energy development in the ASEAN. We find that carbon capture and storage (CCS) technologies will allow the ASEAN to continue to use fossil fuels while achieving sustainable economic growth as coal demand increases in the region. The deployment of CCS technologies will also act as an enabler of hydrogen energy as a green energy solution in the region in the longer term. Boosting public acceptance to nuclear energy, implementing energy efficiency improvement policies and eliminating fossil fuels consumption subsidies are feasible short-term and medium-term policies. Increasing both the public and private sector energy investments and development of CCS technologies in the longer term are necessary complementary policies to maximize the benefits of greater deployment of renewable energy sources in the region and combat climate change.

scholarly journals SUSTAINABLE DEVELOPMENT OF THE ECONOMY AND INCREASING ENERGY SECURITY BASED ON THE USE OF RES: PROBLEMS AND PROSPECTS

2021 ◽  
Vol 2 (37) ◽  
pp. 438-446
Author(s):  
L. Karbovska ◽  
I. Yakushik ◽  
E. Feshchenko ◽  
I. Kalina ◽  
A. Kozlova
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Renewable Energy ◽  
Energy Security ◽  
Poverty Reduction ◽  
Renewable Energy Sources ◽  
Hydrocarbon Fuel ◽  
Energy Development ◽  
Energy Sources ◽  
Trade Integration

Abstract. It is substantiated that the factor of economic growth, increase of economic and energy security, preservation of the environment from the detrimental impact of the consequences of consumption of hydrocarbon energy sources is the sustainable development of renewable energy. The state and prospects of using renewable energy sources in the world are considered (RES). The rating of countries by the share of electricity produced from renewable sources as a percentage of primary sources during 2015—2019 is presented, which shows that the largest share of RES is in countries such as: Iceland, Kenya and Latvia; Currently, the largest growth in renewable energy is observed in Ukraine, Great Britain, Turkey, Denmark, Japan, France, the USA and Germany. The generalized factors of growth of demand for renewable energy sources are: parity of the price and productivity owing to decrease in the price of RES; increasing the efficiency of energy production due to technological progress and the introduction of innovative technologies in foreign trade; integration of power grids and balancing the load on them; stimulating the demand for RES by large cities — the implementation of the strategy of «smart city» includes «smart» energy; development of public ownership of networks and sources of renewable energy; active participation of developing countries in the dissemination of renewable energy; growing participation of the corporate sector in the development of renewable energy. The relationship between the goals of energy development in terms of its accessibility, reliability, sustainability and goals in the field of sustainable development is determined. Thus, poverty reduction (goal 1) involves expanding access to basic resources and services and the availability of modern infrastructure, an element of which is RES; the use of clean renewable energy will help reduce health risks (disease prevention and pandemic control) (objective 3); creation of sustainable infrastructure, promotion of innovations (goal 9) involves the use of clean and environmentally friendly technologies and sustainable energy development; the use of RES activity has a synergistic connection with the implementation of goal 13 — urgent measures to combat climate change and its consequences. Keywords: sustainable development goals, economic growth, energy security, renewable energy sources, hydrocarbon fuel, decarbonization. JEL Classification F29, F43, L94, O10 Formulas: 0; fig.: 0; tabl.: 2; bibl.: 17.

scholarly journals Renewable energy and population growth for sustainable development in the Southeast Asian countries

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Duc Hong Vo ◽  
Anh The Vo
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Population Growth ◽  
Carbon Dioxide Emissions ◽  
Time Series Data ◽  
Southeast Asian ◽  
Series Data ◽  
Energy Usage

AbstractThe energy–environment–growth nexus has been examined for the Association of Southeast Asian Nations (ASEAN) region, mainly using time series data. However, the important role of renewable energy and population has largely been ignored in previous studies. As such, this study is conducted to investigate a causal link between renewable energy usage, population, carbon dioxide emissions, and economic growth. In addition, a relatively new and advanced panel vector autoregressive model and the Granger non-causality test for heterogeneous panels are utilized with a sample of seven ASEAN countries for almost three decades since 1990. Key findings from this paper are as follows. First, renewable energy usage responds to population growth and leads to carbon dioxide (CO2) emissions. Second, economic growth and renewable energy usage explain a substantial proportion of the change in energy consumption. Third, a bidirectional Granger causality does exist in each pair among energy consumption, economic growth and CO2 emissions. We argue that moderating population growth and extending renewable energy usage are vital to achieving sustainable economic growth in the ASEAN region.

ENERGY SECURITY, RENEWABLE, NON-RENEWABLE ENERGY AND ECONOMIC GROWTH IN ASEAN ECONOMIES: NEW INSIGHTS

2020 ◽  
pp. 1-32
Author(s):  
RABINDRA NEPAL ◽  
HAMMED OLUWASEYI MUSIBAU
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Security ◽  
Structural Breaks ◽  
Correlation Effect ◽  
Cross Sectional ◽  
Effect Analysis ◽  
Long Run ◽  
Cross Sectional Dependence ◽  
Asean Countries

This study examines the linkages between energy security (ES), renewable and non-renewable energy on economic growth for ASEAN countries within a neo-classical growth framework. The econometric techniques account for cross-sectional dependence and structural breaks by undertaking a dynamic common correlation effect analysis unlike previous studies. The study finds a long-run relationship between ES, renewable, non-renewable energy and economic growth for ASEAN economies between 1980 and 2018. Our results also confirm a feedback relationship between renewable energy and economic growth in the ASEAN. Thus, the ASEAN governments must prioritize renewable energy funding and investments. The results are robust to different estimations and methods.

scholarly journals Renewable Energy and Population for Sustainable Development in the Southeast Asian Countries

2021 ◽  
Author(s):  
Duc Hong Vo ◽  
Anh The Vo
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Panel Data ◽  
Carbon Emissions ◽  
Southeast Asian ◽  
Series Data ◽  
Asian Countries ◽  
Energy Usage ◽  
Southeast Asian Countries

Abstract BackgroundThe energy – environment – growth nexus has been examined for the Southeast Asian countries mainly using time series data. Few studies have been conducted using panel data. The roles of renewable energy and population have largely been ignored in previous studies. As such, this study is conducted to investigate a dynamic causal link between renewable energy usage, population, carbon emissions, and economic growth. Unlike previous panel data studies for the ASEAN region, a relatively new and advanced panel vector autoregressive model and the Granger non-causality test for heterogeneous panels are utilized using a sample of seven ASEAN countries for almost three decades since 1990.ResultsKey findings from this paper are as follows. First, energy consumption does lead to CO2 emissions - a 1 per cent increase in energy consumption will lead to an increase of about 0.34 per cent CO2 emissions which is lower than previously reported. Second, renewable energy usage explains a substantial proportion of the change in economic growth and energy consumption. Renewable energy also responds to population. Third, a bidirectional Granger causality between renewable energy, carbon emissions and population.ConclusionsWe argue that moderating population growth and extending renewable energy usage are important to achieve sustainable economic development in the ASEAN region.

Relating regional crises and political cohesion from an ASEAN and EU-ASEAN perspective

2016 ◽  
Vol 6 (3) ◽  
pp. 93-105
Author(s):  
Naila Maier-Knapp
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Institutional Development ◽  
International Community ◽  
Southeast Asian ◽  
Regional Level ◽  
Asian Region ◽  
Common Concern ◽  
The Common ◽  
Regional Grouping

In December 2015, the Association of Southeast Asian Nations (ASEAN) celebrated the official establishment of the ASEAN Community. Having emerged in 1967 as a regional grouping of developing countries with minimal shared interests—beyond the common concern of economic growth and national resilience, ASEAN now has established regional structures which have been vital in enhancing development and dialogue on a broad range of issues across the Southeast Asian region. Over the years, the institutional development at the regional level has been accompanied by various efforts to promote regional unity and identity. The more recent years have also displayed that the international community has been supporting these efforts for ASEAN unity and identity by showing greater recognition of ASEAN as an international actor in its own right, for example, through the establishment of numerous country delegations to ASEAN.

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