气候变化领域集成服务门户(CCPortal): Modeling Renewable Electricity Production in Azerbaijan

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DOI	10.1007/s10534-010-2024.1.91.14
	Modeling Renewable Electricity Production in Azerbaijan
	Niftiyev, I. M.; Rustamli, E. F.; Mammadli, R. M.
发表日期	2024
ISSN	2307-0331
EISSN	2312-9824
起始页码	17
结束页码	1
卷号	17 期号:1
英文摘要	. Azerbaijan is an oil-rich country in the South Caucasus with great potential for developing the renewable energy sector, which currently accounts for only a small share of total energy production. Increased electricity generation from renewables can bring various economic and environmental benefits, such as greater energy security, sustainability and resource conservation, decentralized power generation, technological innovation, and climate change mitigation. Although there are a growing number of studies on Azerbaijan's green energy or energy transition, the dynamics of its relatively longitudinal per capita renewable electricity generation have not been fully explored. Moreover, most studies ignore the role of technological change and profound institutional and policy variables in the energy transition. Our study fills this gap by applying dynamic ordinary least squares modeling (DOLS) on annual data to identify the key economic, institutional, and policy determinants in the period from 1990 to 2021. We reveal that economic variables such as oil prices, trade openness, CO2 emissions, accession to the Kyoto Protocol, and crisis periods were positively and statistically significantly associated with renewable electricity production in Azerbaijan. However, institutional quality variables (e.g., government effectiveness), GDP per capita, and primary energy consumption were negatively and statistically significantly associated with renewable electricity. Our findings hold the potential to furnish essential insights into enhancing renewable energy production across both short- and long-term horizons. Consequently, policymakers, decision-makers, and scholars stand to gain valuable insights from the outcomes of our research
英文关键词	Azerbaijan economy; electricity production; dynamic ordinary least squares; green economy; renewable energy
语种	英语
WOS研究方向	Business & Economics
WOS类目	Economics
WOS记录号	WOS:001186327000014
来源期刊	ECONOMIC AND SOCIAL CHANGES-FACTS TRENDS FORECAST
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/296403
作者单位	Ministry of Education of Azerbaijan Republic; Azerbaijan State University of Economics (UNEC)
推荐引用方式 GB/T 7714	Niftiyev, I. M.,Rustamli, E. F.,Mammadli, R. M.. Modeling Renewable Electricity Production in Azerbaijan[J],2024,17(1).
APA	Niftiyev, I. M.,Rustamli, E. F.,&Mammadli, R. M..(2024).Modeling Renewable Electricity Production in Azerbaijan.ECONOMIC AND SOCIAL CHANGES-FACTS TRENDS FORECAST,17(1).
MLA	Niftiyev, I. M.,et al."Modeling Renewable Electricity Production in Azerbaijan".ECONOMIC AND SOCIAL CHANGES-FACTS TRENDS FORECAST 17.1(2024).