首页|Do investments in green energy,energy efficiency,and nuclear energy R&D improve the load capacity factor?An augmented ARDL approach

Do investments in green energy,energy efficiency,and nuclear energy R&D improve the load capacity factor?An augmented ARDL approach

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Renewable energy,energy efficiency,and nuclear energy research and development(RER,EER,and NER)budgets are immensely important to fulfill sustainable development goals 7,9,and 13,by accelerating energy innovation,energy transition,and climate control.The literature on the drivers of the load capac-ity factor(LCF),a recently developed ecological quality measure,is mounting;however,the roles of energy investments in the LCF are largely unknown.Accordingly,this study assesses the impacts of RER,EER,NER,and financial globalization(FIG)on the LCF using data from 1974 to 2018 for Germany.Advanced and reliable time series tests(Augmented ARDL,DOLS,and Fourier causality)are adopted to analyze cointegration,long-run impacts,and causal connections.The outcomes unveil that both green energy and energy efficiency R&D promote the LCF by enhancing ecological quality.However,the positive impact of NER on the LCF is found to be weaker than the impacts of RER and EER.FIG curbs ecological degradation by expanding the LCF.Additionally,the U-shaped connection between economic growth(ECG)and the LCF confirms the load capacity curve.Therefore,policymakers should focus on RER and EER to preserve the environment and promote sustainable growth.

Green Energy R&DEnergy Efficiency R&DNuclear Energy R&DFinancial GlobalizationLCF

Xin Jin、Zahoor Ahmed、Ugur Korkut Pata、Mustafa Tevfik Kartal、Sinan Erdogan

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School of Business,Guilin Tourism University,Guilin 541006,PR China

Department of Business Administration,Faculty of Economics,Administrative and Social Sciences,Bahçeşehir Cyprus University,Nicosia,Turkey

Department of Economic & Data Sciences,New Uzbekistan University,54 Mustaqillik Ave.,Tashkent,100007,Uzbekistan

Osmaniye Korkut Ata University,Faculty of Economics and Administrative Sciences,Department of Economics,80000 Merkez,Osmaniye,Turkey

Department of Banking and Finance,European University of Lefke,Lefke,Northern Cyprus,TR-10 Mersin,Türkiye

Adnan Kassar School of Business,Lebanese American University,Beirut,Lebanon

Department of Economics and Management,Khazar University,Baku,Azerbaijan

Hatay Mustafa Kemal University,Faculty of Economics and Administrative Sciences,Hatay,Turkey

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Projects of humanities and social sciences of Cultivating plan for 1000 young and middleaged backbone teachers in Guangxi Un

2022QGRW059

2024

10.1016/j.gsf.2023.101646

地学前缘(英文版)
中国地质大学（北京） 北京大学

地学前缘(英文版)

CSTPCD
影响因子：0.576
ISSN：1674-9871
年,卷(期)：2024.15(4)
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