Benefits of electricity generation

Ferguson, R. B.; Hill, Richard; Craggs, C.; Forbes, Ian

doi:10.1049/esej:19970605

Cited by 12 publications

(2 citation statements)

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“…Most empirical studies conclude that there is a strong relationship between the two variables and energy consumption can be very helpful by estimating economic growth. Ferguson in 1997, in a research program on the bene ts of electricity generation showed that for the G7 group of countries as a whole (USA, Japan, Germany, France, UK, Italy and Canada), constituting two-thirds of the global economy, there was a well correlated relationship between electricity use and wealth creation. Ferguson, Wilkinson and Hill (2000) found correlation between wealth creation and electricity use in 100 developing countries.…”

Section: Introductionmentioning

confidence: 99%

Economic growth and energy consumption in 12 European countries: a panel data approach

Kasperowicz¹

2014

JOIS

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e paper investigates the relationships between energy consumption and economic growth for 12 European countries over 13 years using data for the sample period of 2000 to 2012. Understanding the relationships of energy consumption in relation to the economy is very important task to ensure a stable economic development. e hypothesis of the study says that there is a positive relationship between energy use and economic growth. e estimation of GDP equation indicated that that the energy consumption is positive related to the economic growth. e evaluated regression model includes growth rates of Energy Consumption and growth rates of Gross Fixed Capital in real prices. e analysis let to state that in the analyzed countries energy consumption is not neutral to economic growth. Furthermore, the applied modeling pointed the individual growth rate e ect of GDP for every country, that was not captured by the estimated model.

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Section: Introductionmentioning

confidence: 99%

Economic growth and energy consumption in 12 European countries: a panel data approach

Kasperowicz¹

2014

JOIS

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“…In addition (Van der Wal and Noorman 1998) found that technology influences energy consumption, (Dürrenberger and Nikola 1999) found that technology is an important source of reduction potentials for energy consumption. Ferguson et al (1997) examined the relations between total energy consumption and wealth creation and between electricity generation and wealth creation and recommended that the benefits of electricity generation are at last of the same order of magnitude as economic development itself. The relationship between energy consumption and the gross national product (GNP) of countries has become such a commonly understood concept that figures in US dollars per tonne of oil equivalent (toe) are quoted as world development indicators by the United Nations (UN) 1994.…”

Section: Challenges For Engineers: Adapting To the Inevitable?mentioning

confidence: 99%

Climate Change, Contemporary Society and Engineering Practice: A Sustainability Journey

Hasna¹

2009

The International Journal of Climate Change: Impacts and Respon

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Climate change, Contemporary Society and engineers share an indivisible pathway towards sustainability through the means of technology. Climate change and sustainability are now new domains that require a better understanding by engineers. Ten years ago sustainability was a development for the future however the absence of climate certainty in contemporary society has raised sustainability awareness to the forefront of societal debate. While sustainability in theory is defined as the capacity to maintain a certain process or state indefinitely. However the literal meaning of "indefinitely" in sustainability definition poses a set of intriguing questions, is indefinite human survival a plausible proposition in a finite world. For this reason efforts in the fight against climate change are becoming a global effort, since it requires global cooperation and greater scientific consensus to reduce carbon emissions and consequently the planet's energy footprint. We recognize that Sustainability ought to be economically viable, ecologically sound and sensitive; socially responsible and culturally appropriate. Surrounded by this realm of thinking all these mentioned definitions are equal measures that fail to address the importance of "technology" as a subject in the climate change and sustainability debate. Since this generation had inherited the historical legacy of nonrenewable energy technologies. The term "technology" in this context implies any technical system that can result in and/or be well described in terms of a process by which humans modify nature to meet their needs and wants. This paper seeks to investigate the underlying philosophical frames and the nature of the issues of sustainability present to engineers. It explores the notion of "Sustainability" and "technology "in engineering practice. Further, we argue that in order to establish a clear, measurable, actionable, and universally accessible working definition of sustainable engineering practices. climate change and technology life cycle need to be inclusive to sustainability.

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Nigeria's electric power sector reform: what should form the key objectives?

Ikeme

Ebohon

2005

Energy Policy

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Benefits of electricity generation

Cited by 12 publications

References 0 publications

Economic growth and energy consumption in 12 European countries: a panel data approach

Economic growth and energy consumption in 12 European countries: a panel data approach

Climate Change, Contemporary Society and Engineering Practice: A Sustainability Journey

Nigeria's electric power sector reform: what should form the key objectives?

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