How effective are energy efficiency and renewable energy in curbing CO2 emissions in the long run? A heterogeneous panel data analysis

Özbuğday, Fatih Cemil; Erbas, Bahar Çelikkol

doi:10.1016/j.energy.2015.01.084

Cited by 165 publications

(65 citation statements)

References 33 publications

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“…Also, results reveal that the magnitude of the impact of non-renewable energy consumption on ecological footprint is greater than the impact of renewable energy consumption. The results are consistent with the studies of [64,65,66,67,68,69,70]. However, the significance levels and magnitude of impact of renewable energy consumption provide us with certain significant insights.…”

Section: <Insert Table-2 Here>supporting

confidence: 87%

Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach

Sharif

Barış-Tüzemen

Uzuner

et al. 2020

Sustainable Cities and Society

640

169

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The current study re-investigates the impact of renewable and non-renewable energy consumption on Turkey's ecological footprint. This study applies Quantile Autoregressive Lagged (QARDL) approach for the period of 1965Q1-2017Q4. We further apply Granger-causality in Quantiles to check the causal relationship among the variables. The results of QARDL show that error correction parameter is statistically significant with the expected negative sign for all quantiles which confirm an existence of significant reversion to the long-term equilibrium connection between the related variables and ecological footprint in Turkey. In particular, the outcomes suggested that renewable energy decrease ecological footprint in long-run on each quantile. However, the results of economic growth and non-renewable energy impact positively to ecological footprint in long-short run period at all quantiles. Finally, we tested the Environmental Kuznets Curve (EKC) hypothesis and the results of QARDL confirmed the EKC in Turkey. Furthermore, the findings of causal investigation from Granger-causality in quantiles evident the presence of a bi-directional causal relationship between renewable energy consumption, energy consumption and economic growth with ecological footprint in the Turkish economy.

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Section: <Insert Table-2 Here>supporting

confidence: 87%

Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach

Sharif

Barış-Tüzemen

Uzuner

et al. 2020

Sustainable Cities and Society

640

169

View full text Add to dashboard Cite

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“…Dogan and Seker [10] confirmed that expanding the use of renewable energy decreases CO 2 emissions in the top renewable energy countries. Bento et al [11] and Tiwari [12] arrived at the same conclusions for Italy and India; Bilgili et al [13], Bölük and Mert [14], Saidi et al [15], Sebri et al [16], Özbugday et al [17], and Dogan et al [18] provided similar results for 17 panel Organisation for Economic Co-operation and Development (OECD) countries, 16 European Union countries, nine developed countries, BRICS countries, thirty-six countries and the European Union, respectively.…”

Section: Introductionmentioning

confidence: 60%

Does Non-Fossil Energy Usage Lower CO2 Emissions? Empirical Evidence from China

Yang

2016

Sustainability

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This paper uses an autoregressive distributed lag model (ARDL) to examine the dynamic impact of non-fossil energy consumption on carbon dioxide (CO 2 ) emissions in China for a given level of economic growth, trade openness, and energy usage between 1965 and 2014. The results suggest that the variables are in a long-run equilibrium. ARDL estimation indicates that consumption of non-fossil energy plays a crucial role in curbing CO 2 emissions in the long run but not in the short term. The results also suggest that, in both the long and short term, energy consumption and trade openness have a negative impact on the reduction of CO 2 emissions, while gross domestic product (GDP) per capita increases CO 2 emissions only in the short term. Finally, the Granger causality test indicates a bidirectional causality between CO 2 emissions and energy consumption. In addition, this study suggests that non-fossil energy is an effective solution to mitigate CO 2 emissions, providing useful information for policy-makers wishing to reduce atmospheric CO 2 .

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“…Introducing solutions that lead to energy savings, including the reduction of energy consumption generated by conventional power plants, is a beneficial measure. It provides financial savings in energy payments and helps to care for the natural resources of the earth and reduce the emission of toxic CO2 [5,6].…”

Section: Energy Efficiencymentioning

confidence: 99%

Efficiency of the RES Hybrid Microinstallations Working in Energy Clusters

Sowa

2020

MATEC Web Conf.

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The energy sector is constantly changing. Electromobility, improvement of energy efficiency, smart cities these are just some of the challenges that the present power industry is facing. The main goal for the power industry is to ensure the energy security of its customers, to develop low-community technologies which are mainly based on renewable energy sources and local raw materials. The transition from a centralized energy sector based mainly on conventional power plants to a distributed energy sector requires constant control and management of the generation and demand for energy. One of the solution existing since 2016 are energy clusters. The concept of their functioning is based on the civil-law agreement of locally operating entities that produce, sell, store and consume electricity, heat and cold. The main purpose of introducing energy clusters is the development of distributed energy. Energy clusters ensure the improvement of local energy security with relatively low outlays and low environmental impact. Technological development and installations based on renewable energy sources make energy clusters a beneficial and cost-effective solution for local energy sector. The article presents the idea of energy clusters functioning, and describes the current status of development. It also includes the hybrid systems characteristics of RES systems as an effective source of energy. The conclusion includes the legitimacy of the energy cluster development based on RES installations.

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How effective are energy efficiency and renewable energy in curbing CO2 emissions in the long run? A heterogeneous panel data analysis

Cited by 165 publications

References 33 publications

Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach

Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach

Does Non-Fossil Energy Usage Lower CO2 Emissions? Empirical Evidence from China

Efficiency of the RES Hybrid Microinstallations Working in Energy Clusters

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