气候变化领域集成服务门户(CCPortal): Another look at energy consumption and environmental sustainability target through the lens of the load capacity factor: Accessing evidence from MINT economies

CCPortal

DOI	10.1111/1477-8947.12481
	Another look at energy consumption and environmental sustainability target through the lens of the load capacity factor: Accessing evidence from MINT economies
	Bekun, Festus Victor; Uzuner, Gizem; Meo, Muhammad Saeed; Yadav, Ashutosh
发表日期	2024
ISSN	0165-0203
EISSN	1477-8947
英文摘要	The relationship between energy utilization and the environment is crucial in an era of environmental concerns by global economies and rising energy consumption. Emerging economies such as Mexico, Indonesia, Nigeria, and Turkey (hereafter, MINT) face complex trade-offs between economic growth and environmental sustainability. Strengthening this study are the UN Sustainable Development Goals prepositions on access to clean and alternative energy, decent economic growth, responsible production and consumption and climate action (UN-SDGs-7, 8, 12, and 13). The present study examines the environmental Kuznets curve (EKC) hypothesis for MINT economies within the framework of the load capacity factor (LCF). The article leverages panel econometrics to operationalize the relationship between study variables. Empirical findings show that the present study fails to confirm the presence of EKC. Thus, it implies that the MINT economies are at their first stage of accelerated economic growth which might result in an augmented ecological footprint and exert pressure on natural resources, as indicated by the observed negative outcome. Furthermore, there is a positive and significant relationship between renewable energy consumption (RENENG) and LCF. It implies that a 1% increase in RENENG leads to an increase in LCF of 0.70%. These outcomes indicate that the level of RENENG in MINT economies is not sufficient to mitigate climate change issues. Thus, from a policy perspective, there is a need for change in the MINT nations' energy portfolio mix, such as the need to switch from conventional energy sources (fossil fuels) to renewable energy sources, including solar, wind, photovoltaic and hydropower, which usually have a smaller negative impact on the environment. Furthermore, there is a need for investment in new and green energy technologies in the countries investigated to arrive at a clean and better ecosystem as desired. More insight is outlined in the concluding section.
英文关键词	clean energy; load capacity factor; MINT economies; panel econometrics; SDG-7
语种	英语
WOS研究方向	Environmental Sciences & Ecology
WOS类目	Environmental Sciences ; Environmental Studies
WOS记录号	WOS:001215263500001
来源期刊	NATURAL RESOURCES FORUM
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/302701
作者单位	Istanbul Gelisim University; Lebanese American University; Sunway University; Lefke Avrupa University; National Institute of Technology (NIT System); National Institute of Technology Patna
推荐引用方式 GB/T 7714	Bekun, Festus Victor,Uzuner, Gizem,Meo, Muhammad Saeed,et al. Another look at energy consumption and environmental sustainability target through the lens of the load capacity factor: Accessing evidence from MINT economies[J],2024.
APA	Bekun, Festus Victor,Uzuner, Gizem,Meo, Muhammad Saeed,&Yadav, Ashutosh.(2024).Another look at energy consumption and environmental sustainability target through the lens of the load capacity factor: Accessing evidence from MINT economies.NATURAL RESOURCES FORUM.
MLA	Bekun, Festus Victor,et al."Another look at energy consumption and environmental sustainability target through the lens of the load capacity factor: Accessing evidence from MINT economies".NATURAL RESOURCES FORUM (2024).