Dynamic interactions of green innovations, green transitions and ecological load capacity factor in BRICS

Emmanuel Uche, Nicholas Ngepah, Narasingha Das and Labani Dey

Renewable Energy, 2024, vol. 231, issue C

Abstract: Prior studies ignored the dimensions of green innovations, green energies, and resource utilization on ecological load capacity factors (LCF). Besides, environmental modellers, particularly in Brazil, Russia, India, China, and South Africa (BRICS), failed to consider the perspective of LCF. Remarkably, LCF explains the peculiarities of the natural environment's demand and supply sides. Panel series of the relevant predictors of LCF during 1980–2021 were analysed for empirical inferences. The method of moments quantile regression (mmqr), fully generalized least squares, the Prais-Winsten panel regression, augmented mean group, and cross-sectional autoregressive distributed lags undergirded the empirical analysis. Applying the panel-frequency domain Granger causality test enriches the novel perspective of the study. Cointegration was established based on the Westerlund and Banerjee & Carrion-i-Silvestre procedures. Notably, green technologies produced unimpressive positive effects on LCF, whereas green transition produced significant appealing effects on LCF at location and across the quantile distributions. This further highlights the poor status of green technologies within the BRICS. Among the control variables, urbanization contributed more significantly to lowering LCF than resource utilization and economic expansions. The findings underscored the essence of green innovations and green transitions to improved LCF in BRICS.

Keywords: Green technology; Green transition; Load capacity factor; BRICS; Panel frequency-domain granger causality (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S096014812400973X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:231:y:2024:i:c:s096014812400973x

DOI: 10.1016/j.renene.2024.120905

Access Statistics for this article

Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides

More articles in Renewable Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().