Showing 1 - 10 of 1,497
This study combines regression analysis with machine learning analysis to study the merit order effect of renewable energy focusing on German market, the largest market in Europe with high renewable energy penetration. The results show that electricity from wind and solar sources reduced the...
Persistent link: https://www.econbiz.de/10015215095
The recent earthquake in Japan and its impact on the Fukushima nuclear power plant is a tragic reminder of humanity’s ever growing dependence on energy for its socioeconomic development. Energy plays a central role in determining the effectiveness of economics. However, are the fundamental...
Persistent link: https://www.econbiz.de/10015227898
Certain developments in the electricity sector may result in suboptimal operation of base-load generating units in countries worldwide. Despite the fact they were not designed to operate in a flexible manner, increasing penetration of variable power sources coupled with the deregulation of the...
Persistent link: https://www.econbiz.de/10015229320
The stochastic nature of wind alters the unit commitment and dispatch problem. By accounting for this uncertainty when scheduling the system, more robust schedules are produced, which should, on average, reduce expected costs. In this paper, the effects of stochastic wind and load on the unit...
Persistent link: https://www.econbiz.de/10015229321
The study investigates the long run relationship and causal relationship between energy consumption and economic growth in the Brics countries during the period 1990 – 2013. The Pedroni panel co-integration method is applied to analyse the co-integration relationship among the variables. The...
Persistent link: https://www.econbiz.de/10015258154
these problems, this study aims to analyze energy investment scenarios in the Philippines using real options approach. This …
Persistent link: https://www.econbiz.de/10015258707
sources or continuing the use of coal for electricity generation in the Philippines. Applying the real options approach under …
Persistent link: https://www.econbiz.de/10015258855
This paper applied the ARDL bounds test approach and the VECM test technique to examine the long run relationship and direction of causality between renewable energy consumption and economic growth in Argentina. Quarterly time series data was employed in this study covering a period between 1990...
Persistent link: https://www.econbiz.de/10015259564
This study serves to examine the effects of renewable energy consumption on economic growth in Indonesia. Quarterly time series data was used for the period 1990 – 2014. Applying the autoregressive distributed lag (ARDL) bounds testing approach, the study established that there is a long run...
Persistent link: https://www.econbiz.de/10015259565
The study purposes to investigate the relationship between renewable energy consumption and economic growth in Turkey using annual data covering the period 1990–2014. The Autoregressive Distributed Lag (ARDL) model is applied and the findings suggest existence of a long run relationship among...
Persistent link: https://www.econbiz.de/10015259566