Curtailment of variable renewable energy increases the Levelized Cost of Energy (LCOE), which is the tool often used to compare its profitability against traditional energy sources. Recently, the Kyushu Region of Japan had to curtail some of its solar production to meet energy balance. As many...

The purpose of this study is to examine the weak-form market efficiency hypothesis (EMH) for 8 African Frontier markets between 2001 and 2017. To achieve this purpose, we employ unit root testing procedures which are robust to both nonlinearities and smooth structural breaks, making this study...