scholarly journals THE RELATIONSHIPS BETWEEN GDP GROWTH, ENERGY CONSUMPTION, RENEWABLE ENERGY PRODUCTION AND CO2 EMISSIONS IN EUROPEAN TRANSITION ECONOMIES

2021 ◽  
Vol 11 (4) ◽  
pp. 362-373
Author(s):  
Klodian Muço ◽  
Enzo Valentini ◽  
Stefano Lucarelli
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Transition Economies ◽  
Energy Production ◽  
Gdp Growth ◽  
Renewable Energy Production ◽  
Growth Energy

scholarly journals Investigating the Dynamic Impact of CO2 Emissions and Economic Growth on Renewable Energy Production: Evidence from FMOLS and DOLS Tests

Processes ◽  
2019 ◽  
Vol 7 (8) ◽  
pp. 496 ◽  
Author(s):  
Khan ◽  
Panigrahi ◽  
Almuniri ◽  
Soomro ◽  
Mirjat ◽  
...  
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Co2 Emissions ◽  
Energy Production ◽  
Clean Energy ◽  
The Philippines ◽  
Least Square ◽  
Ordinary Least Square ◽  
Renewable Energy Production ◽  
Asean Countries

Understanding the dynamic nexus between CO2 emissions and economic growth in the sustainable environment helps the economies in developing resources and formulating apposite energy policies. In the recent past, various studies have explored the nexus between CO2 emissions and economic growth. This study, however, investigates the nexus between renewable energy production, CO2 emissions, and economic growth over the period from 1995 to 2016 for seven Association of Southeast Asian Nations (ASEAN) countries. Fully Modified Ordinary Least Square (FMOLS) and Dynamic Ordinary Least Square (DOLS) methodologies were used to estimate the long- and short-run relationships. The panel results revealed that renewable energy production has a significant long term effect on CO2 emissions for Vietnam (t = −2.990), Thailand (t = −2.505), and Indonesia (t = −2.515), and economic growth impact for Malaysia (t = 2.050), Thailand (t = −2.001), and the Philippines (t = −2.710). It is, therefore, vital that the ASEAN countries implement policies and strategies that ensure energy saving and continuous economic growth without forsaking the environment. This study, as such, recommends that ASEAN countries should take measures to decrease the reliance on fossil fuels for achieving these objectives. Future research should consider the principles of circular economy and clean energy development mechanisms integrated with renewable energy technologies.

scholarly journals Industrialization and Thermal Performance of a New Unitized Water Flow Glazing Facade

2020 ◽  
Vol 12 (18) ◽  
pp. 7564
Author(s):  
Belen Moreno Santamaria ◽  
Fernando del Ama Gonzalo ◽  
Danielle Pinette ◽  
Benito Lauret Aguirregabiria ◽  
Juan A. Hernandez Ramos
Keyword(s):  
Renewable Energy ◽  
Mass Flow Rate ◽  
Co2 Emissions ◽  
Water Flow ◽  
Mass Flow ◽  
Flow Rate ◽  
Thermal Performance ◽  
Energy Production ◽  
Energy Savings ◽  
Renewable Energy Production

New light envelopes for buildings need a holistic vision based on the integration of architectural design, building simulation, energy management, and the curtain wall industry. Water flow glazing (WFG)-unitized facades work as transparent and translucent facades with new features, such as heat absorption and renewable energy production. The main objective of this paper was to assess the performance of a new WFG-unitized facade as a high-performance envelope with dynamic thermal properties. Outdoor temperature, variable mass flow rate, and solar radiation were considered as transient boundary conditions at the simulation stage. The thermal performance of different WFGs was carried out using simulation tools and real data. The test facility included temperature sensors and pyranometers to validate simulation results. The dynamic thermal transmittance ranged from 1 W/m2K when the mass flow rate is stopped to 0.06 W/m2K when the mass flow rate is above 2 L/min m2. Selecting the right glazing in each orientation had an impact on energy savings, renewable energy production, and CO2 emissions. Energy savings ranged from 5.43 to 6.46 KWh/m2 day in non-renewable energy consumption, whereas the renewable primary energy production ranged from 3 to 3.42 KWh/m2 day. The CO2 emissions were reduced at a rate of 1 Kg/m2 day. The disadvantages of WFG are the high up-front cost and more demanding assembly process.

scholarly journals Renewable Energy Production, Energy Consumption and Sustainable Economic Growth in Turkey: A VECM Approach

2019 ◽  
Vol 11 (5) ◽  
pp. 1273 ◽  
Author(s):  
Dilek Temiz Dinç ◽  
Ece Akdoğan
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Causal Relationship ◽  
Energy Production ◽  
Impulse Response Functions ◽  
Total Energy Consumption ◽  
Integration Test ◽  
Renewable Energy Production

There exists a highly interrelated relationship between energy, the environment and growth where the efficient management of this nexus is not only a must for sustainable development and human wellbeing but is also a basis for formulating sound economic policies harnessed with energy and environmental policies. Thus, this paper aims at investigating the causal relationships among renewable energy production, total energy consumption and economic growth for Turkey both in the long and short runs. The analyses are conducted by using the Johansen–Juselius co-integration test, the vector error correction model, Granger causality, impulse-response functions and variance decomposition for the period 1980–2016. Our findings obtained for the causal relationship between renewable energy and economic growth points to a bidirectional relationship both in the short and in long runs that promote feedback hypothesis, and it also reports a causal relationship running from energy consumption to economic growth both in the short and long runs, supporting the growth hypothesis. However, no consistent result could be obtained for the short run relationship from economic growth to energy consumption. These results indicate that increased renewable energy production and decreased energy consumption are vital for Turkey’s sustainable development.

scholarly journals The Role of the Key Components of Renewable Energy (Combustible Renewables and Waste) in the Context of CO2 Emissions and Economic Growth of Selected Countries in Europe

Energies ◽  
2021 ◽  
Vol 14 (8) ◽  
pp. 2034
Author(s):  
Shahjahan Ali ◽  
Shahnaj Akter ◽  
Csaba Fogarassy
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Co2 Emissions ◽  
Energy Production ◽  
Negative Impact ◽  
Biomass Energy ◽  
Gdp Growth ◽  
Eu Countries ◽  
Per Capita ◽  
Visegrád Countries

In the case of developing countries, it is not clear which crisis management tools will ensure sustainable development in a sustainable and environmentally friendly way, as well as reducing CO2 emissions in addition to ensuring GDP growth. The next analysis discusses the details of this issue. The study explores the connection between per capita GDP, emission of CO2, combustible energy, and waste consumption. The Hausman test ratifies that the regression model with the fixed effect is the proper method for the panel balanced data from 1990 to 2019 in the selected 13 countries of the EU. This study ordered the data into three categories (for 13 selected countries, the top nine EU countries (in GDP), and Visegrad countries (Hungary, Slovakia, Czech Republic and Poland)). The study found a significant positive effect of combustible energy and waste consumption and the negative impact of CO2 emission on GDP per capita. The cointegration test confirms that all three variables are cointegrated. This implies a long-term link among all three variables in the context of all three types of the selected panel. The Granger causality results ensure that there is a two-way cause–effect relation between the variables. The study strongly recommends that developed European Union countries (the top nine EU countries) increase energy production from biomass-based renewable energy and waste to stimulate economic growth. The same strategy was not recommended in the Visegrad countries because of the much lower GDP growth due to the N-shaped Kuznets curve. In these countries, it is advisable to avoid unexpected increases in CO2 emissions from biomass and fossil fuel-burning, to achieve greenhouse gas reductions using other circular, platform-based models instead of simple biomass energy production. Due to the low level of energy efficiency and the lack of application of technological innovation, the energy use of biomass can significantly slow down GDP growth in less developed EU countries (such as the V4 countries).

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