Facing the challenge of alternative energy sources: The scenario of European Union countries based on economic and environmental analysis

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dc.authoridKartal, Mustafa Tevfik/0000-0001-8038-8241
dc.contributor.authorKartal, Mustafa Tevfik
dc.contributor.authorPata, Ugur Korkut
dc.contributor.authorErdogan, Sinan
dc.contributor.authorDestek, Mehmet Akif
dc.date.accessioned2024-09-18T20:33:08Z
dc.date.available2024-09-18T20:33:08Z
dc.date.issued2024
dc.departmentHatay Mustafa Kemal Üniversitesien_US
dc.description.abstractThis study evaluates the potential impacts of natural gas (NGC), renewable energy (RCC), and nuclear energy consumption (NCC) from an economic and environmental perspective for four European Union countries (Czechia, Finland, Hungary, and Germany), which have a reliance on Russia as well as use renewable and nuclear energy. In this context, quantile-based approaches are used; NGC, RCC, and NCC are considered as explanatory variables; and data between 1993/Q1 and 2021/Q4 is used. The findings show that (i) NGC has generally an accelerating impact on the economy and environment in all countries; (ii) RCC has a stimulating impact on the economy in Finland at all quantiles and in Czechia at higher quantiles. Also, it has a curbing impact on CO2 emissions in Czechia at all quantiles and in Hungary and Germany at the higher quantiles; (iii) NCC has an increasing impact on the economy in Hungary and Germany at higher quantiles. Besides, it has a limiting impact on CO2 emissions in Hungary at all quantiles, in Finland at higher quantiles, and in Czechia at middle quantiles; (iv) NGC, RCC, and NCC have a causal impact on both GDP and CO2 emissions. The outcomes imply that the impact of the alternatives on GDP and CO2 emissions varies by country, alternatives, and quantiles. RCC is the most suitable option for Czechia, NCC is the most suitable option for Hungary, and there is a trade-off for Finland and Germany. (c) 2023 International Association for Gondwana Research. Published by Elsevier B.V. All rights reserved.en_US
dc.identifier.doi10.1016/j.gr.2023.10.019
dc.identifier.endpage140en_US
dc.identifier.issn1342-937X
dc.identifier.issn1878-0571
dc.identifier.scopus2-s2.0-85183752084en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage127en_US
dc.identifier.urihttps://doi.org/10.1016/j.gr.2023.10.019
dc.identifier.urihttps://hdl.handle.net/20.500.12483/11319
dc.identifier.volume128en_US
dc.identifier.wosWOS:001128784800001en_US
dc.identifier.wosqualityQ1en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherElsevieren_US
dc.relation.ispartofGondwana Researchen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectNatural Gasen_US
dc.subjectRenewable Energyen_US
dc.subjectNuclear Energyen_US
dc.subjectGDPen_US
dc.subjectEU Countriesen_US
dc.subjectCO2en_US
dc.titleFacing the challenge of alternative energy sources: The scenario of European Union countries based on economic and environmental analysisen_US
dc.typeArticleen_US

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