The effect of energy prices on energy consumption efficiency in the petrochemical industry in Iran

Valizadeh, Jaber; Sadeh, Ehsan; Javanmard, Habibollah; Davodi, Hanieh

doi:10.1016/j.aej.2017.09.002

Cited by 19 publications

(7 citation statements)

References 15 publications

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“…Inglesi-Lotz and del Corral Morales [38] also make a classification between developing and developed countries, highlighting the negative relationship between the variables mentioned for this last group, unlike what happens in developing countries, where a positive relationship is established, similar to the results we obtained for countries that are not part of the European Union (NEU), in which an increase of 1% of human capital causes an increase of 0.135% of energy consumption. Regarding the oil price, one of the main determinants of energy consumption, according to Wang, Su, Li, and Ponce [58], Sarkodie and Adom [8], Valizadeh, Sadeh, Javanmard, and Davodi [41], Shahbaz, Gozgor, and Hammoudeh [3], Gately and Huntington [43], and Bentzen and Engsted [44], which coincides in stating that the price of energy has a negative impact on energy consumption, particularly in this case that relationship is met, and the variable is statistically significant (at a level of significance of 10%), but only in the case of countries of the European Union. An increase of 1% in the price of oil generates a reduction of 0.321% of energy consumption in this group of countries.…”

Section: Resultsmentioning

confidence: 99%

“…In the same vein, we find the works of Sarkodie and Adom [8], which by using the NIPALS method (Non-Linear Iterative Partial Least Squares) show that the energy price favors reducing its consumption. Valizadeh, Sadeh, Javanmard, and Davodi [41] analyze petrochemical energy consumption in Iran through the application of an ARDL model (Autoregressive model with Distributed Delays). The results show a significant effect on energy consumption regarding its price.…”

Section: Review Of Previous Literaturementioning

confidence: 99%

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Economic and Spatial Determinants of Energy Consumption in the European Union

et al. 2019

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In recent decades, various policies have been implemented to reduce energy consumption, as well as a considerable increase in research that analyzes the determinants of energy consumption, both with a standard feature, mitigating environmental degradation. However, few studies investigate the economic and spatial determinants of energy consumption in the European Union (EU). Therefore, to cover the knowledge gap, based on the review of the existing literature, this document is designed to analyze the determinants and energy policy in energy consumption in the EU. For this reason, the objective of this research is to analyze the effect of human capital, the price of oil, and Kyoto Protocol policy on energy consumption. In addition, the effect of contiguity and spatial concentration on energy consumption is studied for 34 European countries, of which 26 belong to the EU, for the period 2000–2016. For this, data collected from the World Bank (2017) and the World Energy Statistical Review (2017) were used. The work methodology is based on the application of econometric techniques for panel data, and spatial econometrics, based on the application of a Spatial Durbin Model (SDM), through which the existence of “spillovers” was determined in the implementation of the energy policy. The results of the estimates show a negative effect of the price of oil and human capital concerning energy consumption, and the variable "Policy" reflects a reduction in the energy consumption of the EU countries in the period analyzed. Additionally, the space panel confirms that the behavior of a country's energy consumption depends on its past values and the level of consumption presented by its neighbors, corroborating the importance of territorial contiguity in the success of environmental policy in the case of the European Union.

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Section: Resultsmentioning

confidence: 99%

Section: Review Of Previous Literaturementioning

confidence: 99%

Economic and Spatial Determinants of Energy Consumption in the European Union

et al. 2019

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“…This implies the importance of price increase for deep decarbonisation and sustainable growth. Despite the evidence of negative energy price-carbon emission nexus, the findings of Valizadeh, Sadeh, Javanmard, and Davodi (2017) suggest a positive effect of energy price on energy consumption in Iran. This is in line with Linn (2009) who indicates that links between supply and demand have an effect on energy price shocks.…”

Section: Literature Review and Theoretical Frameworkmentioning

confidence: 90%

Exploring the contribution of energy price to carbon emissions in African countries

Umar

Alam

Al‐Amin

2020

Environ Sci Pollut Res

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The increasing level of greenhouse gas carbon emission currently exacerbates the devastating effect of global warming on the Earth's ecosystem. Energy usage is one of the most important determinants that is increasing the amount of carbon gases being released. Simultaneously, the level of energy usage is derived by the price and therefore, this study examines the contribution of energy price to carbon gas emissions in thirteen African nations for the period spanning 1990 to 2017. It does this by utilizing the Cross-sectional Dependence (CD), Augmented Mean Group (AMG) and Pooled Mean Group (PMG) panel modelling methods. The findings of the AMG model suggest that a 1% increase in energy price leads to a 0.02% decerease in carbon emission. The results further reveal that a 1% increase in energy intensity and technological innovation lead to 0.04% and 3.65% increase in carbon emission, respectively, in the selected African countries. Findings will help policymakers to implement effective energy price policies to reduce carbon emissions and achieve sustainable development goals especially in the emerging economies of Africa.

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“…Given that energy management affects economic security (Valizadeh et al, 2018) and the challenge of waste management in big cities, the main aim of this study is to present a mathematical model for municipal waste collection VRP with time windows and energy generating from waste. Our expectations after conducting this research are as follows:…”

Section: Introductionmentioning

confidence: 99%

Municipal waste management and electrical energy generation from solid waste: a mathematical programming approach

Valizadeh

Mozafari

Hafezalkotob

2021

JM2

Self Cite

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Purpose Waste production and related environmental problems have caused urban services management many problems in collecting, transporting and disposal of waste. The purpose of this study is to design a new model for municipal waste collection vehicle routing problems with time windows and energy generating from waste. To this purpose, a bi-objective model is presented with the objectives of increasing the income of waste recycles and energy generation from waste and reducing emissions from environmental pollutants. Design/methodology/approach A bi-objective model is presented with the objectives of increasing income of recycles trade and energy generation and reducing emissions from environmental pollutants. Concerning the complexity of the model and its inability to solve large-scale problems, non-dominated sorting genetic algorithms and multi-objective particle swarm optimization algorithms are applied. Findings In this research, an integrated approach to urban waste collection modeling that coordinates the various activities of waste management in the city of Kermanshah and energy generation from waste are provided. Besides, this study calculates the criteria that show the environmental effects of municipal waste. The proposed model helps to collect municipal wastes in the shortest possible time in addition to reducing the total cost, revenues from the sale of recycled materials and energy production. Originality/value The proposed model boosts the current understanding of the waste management and energy generation of waste. The paper adds additional value by unveiling some key future research directions. This guidance may demonstrate possible existing and unexplored gaps so that researchers can direct future research to develop new processes.

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The effect of energy prices on energy consumption efficiency in the petrochemical industry in Iran

Cited by 19 publications

References 15 publications

Economic and Spatial Determinants of Energy Consumption in the European Union

Economic and Spatial Determinants of Energy Consumption in the European Union

Exploring the contribution of energy price to carbon emissions in African countries

Municipal waste management and electrical energy generation from solid waste: a mathematical programming approach

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