IDEAS home Printed from https://ideas.repec.org/a/eas/econst/v25y2024i25p45-58.html
   My bibliography  Save this article

The Effect Of Fossil Fuel And Renewable Energy On Load Capacity Factor In Turkiye: Boostrap Fardl Approach For Sustainable Environment

Author

Listed:
  • Meral ÇabaÅŸ

    (Bir kuruma bağlı değil.)

Abstract

This study aims to econometrically examine the interactions of fossil fuel use, renewable energy use, economic growth and urbanization with the load capacity factor in Turkiye. The load capacity factor is a very comprehensive environmental indicator that can read environmental demand as well as environmental supply. In the study where annual data for the periods 1961-2022 and 1990-2022 were used, long-term interactions were tested with the Bootstrap FARDL cointegration test and the coefficients of these interactions were obtained with FMOLS (Fully Modified Least Squares) and DOLS (Dynamic Ordinary Least Squares) estimators. According to the results obtained, it is confirmed that fossil fuel use, renewable energy use, economic growth and urbanization have long-term interactions with the load capacity factor in Turkiye. Fossil fuel use, economic growth and urbanization harm environmental sustainability by reducing the load capacity factor, while renewable energy use increases the load capacity factor. This situation shows us the necessity of increasing renewable energy resources and making their use widespread in Turkiye. Considering that urbanization and economic growth cause environmental destruction, the integration of environmentally friendly green technologies and green finance into urban development and economic growth can support a sustainable environment by increasing the load capacity factor.

Suggested Citation

  • Meral ÇabaÅŸ, 2024. "The Effect Of Fossil Fuel And Renewable Energy On Load Capacity Factor In Turkiye: Boostrap Fardl Approach For Sustainable Environment," Eurasian Eononometrics, Statistics and Emprical Economics Journal, Eurasian Academy Of Sciences, vol. 25(25), pages 45-58, March.
    • Handle: RePEc:eas:econst:v:25:y:2024:i:25:p:45-58
    DOI: 10.17740/eas.stat.2024-V25-04
    as

    Download full text from publisher

    File URL: https://eurasianacademy.org/index.php/econstat/article/view/1506
    Download Restriction: no
    File URL: https://libkey.io/10.17740/eas.stat.2024-V25-04?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eas:econst:v:25:y:2024:i:25:p:45-58. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kutluk Kagan Sumer (email available below). General contact details of provider: https://www.eurasianacademy.org/index.php/econstat .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.