Do investments in green energy, energy efficiency, and nuclear energy R&D improve the load capacity factor? An augmented ARDL approach

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dc.authoridKartal, Mustafa Tevfik/0000-0001-8038-8241
dc.authoridErdogan, Sinan/0000-0003-3491-8234
dc.contributor.authorJin, Xin
dc.contributor.authorAhmed, Zahoor
dc.contributor.authorPata, Ugur Korkut
dc.contributor.authorKartal, Mustafa Tevfik
dc.contributor.authorErdogan, Sinan
dc.date.accessioned2024-09-18T20:26:30Z
dc.date.available2024-09-18T20:26:30Z
dc.date.issued2024
dc.departmentHatay Mustafa Kemal Üniversitesien_US
dc.description.abstractRenewable energy, energy efficiency, and nuclear energy research and development (RER, EER, and NER) budgets are immensely important to fulfill sustainable development goals 7, 9, and 13, by accelerating energy innovation, energy transition, and climate control. The literature on the drivers of the load capacity factor (LCF), a recently developed ecological quality measure, is mounting; however, the roles of energy investments in the LCF are largely unknown. Accordingly, this study assesses the impacts of RER, EER, NER, and financial globalization (FIG) on the LCF using data from 1974 to 2018 for Germany. Advanced and reliable time series tests (Augmented ARDL, DOLS, and Fourier causality) are adopted to analyze cointegration, long-run impacts, and causal connections. The outcomes unveil that both green energy and energy efficiency R&D promote the LCF by enhancing ecological quality. However, the positive impact of NER on the LCF is found to be weaker than the impacts of RER and EER. FIG curbs ecological degradation by expanding the LCF. Additionally, the U-shaped connection between economic growth (ECG) and the LCF confirms the load capacity curve. Therefore, policymakers should focus on RER and EER to preserve the environment and promote sustainable growth. (c) 2023 China University of Geosciences (Beijing) and Peking University. Published by Elsevier B.V. on behalf of China University of Geosciences (Beijing). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).en_US
dc.description.sponsorshipProjects of humanities and social sciences of Cultivating plan for 1000 young and middle-aged backbone teachers in Guangxi Universities [2022QGRW059]en_US
dc.description.sponsorshipThis work was supported by the Projects of humanities and social sciences of Cultivating plan for 1000 young and middle-aged backbone teachers in Guangxi Universities-Research on the impact of environmental regulation evolution on corporate green and green investment in the dual-carbon environment (Grant No. 2022QGRW059) .en_US
dc.identifier.doi10.1016/j.gsf.2023.101646
dc.identifier.issn1674-9871
dc.identifier.issue4en_US
dc.identifier.scopus2-s2.0-85162263615en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.urihttps://doi.org/10.1016/j.gsf.2023.101646
dc.identifier.urihttps://hdl.handle.net/20.500.12483/10341
dc.identifier.volume15en_US
dc.identifier.wosWOS:001288022300001en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherChina Univ Geosciences, Beijingen_US
dc.relation.ispartofGeoscience Frontiersen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectGreen Energy R&Den_US
dc.subjectEnergy Efficiency R&Den_US
dc.subjectNuclear Energy R&Den_US
dc.subjectFinancial Globalizationen_US
dc.subjectLCFen_US
dc.titleDo investments in green energy, energy efficiency, and nuclear energy R&D improve the load capacity factor? An augmented ARDL approachen_US
dc.typeArticleen_US

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