Impact of nuclear and renewable energy sources on environment quality: Testing the EKC and LCC hypotheses for South Korea
This study investigates the impacts of nuclear energy consumption on environmental quality from a different perspective by focusing on carbon dioxide (CO2) emissions, ecological footprint, and load capacity factor. In this context, the South Korea case, which is a leading country producing and consu...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Elsevier
2023-02-01
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| Series: | Nuclear Engineering and Technology |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S1738573322005083 |
| _version_ | 1797897271849779200 |
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| author | Ugur Korkut Pata Mustafa Tevfik Kartal |
| author_facet | Ugur Korkut Pata Mustafa Tevfik Kartal |
| author_sort | Ugur Korkut Pata |
| collection | DOAJ |
| description | This study investigates the impacts of nuclear energy consumption on environmental quality from a different perspective by focusing on carbon dioxide (CO2) emissions, ecological footprint, and load capacity factor. In this context, the South Korea case, which is a leading country producing and consuming nuclear energy, is investigated by considering also economic growth, and the 1997 Asian crisis from 1977 to 2018. To this end, the study employs the autoregressive distributed lag (ARDL) approach. Different from previous literature, this study proposes a load capacity curve (LCC) and tests the LCC and environmental Kuznets curve (EKC) hypotheses simultaneously. The analysis results reveal that (i) the LCC and EKC hypotheses are valid in South Korea; (ii) nuclear energy has an improving effect on the environmental quality; (iii) renewable energy does not have a significant long-term impact on the environment; (iv) the 1997 Asian crisis had an increasing effect on the load capacity factor; (v) South Korea has not yet reached the turning point, identified as $55,411, where per capita income improves environmental quality. Overall, the results show the validity of the LCC and EKC hypotheses and prove the positive contribution of nuclear energy to South Korea's green development strategies. |
| first_indexed | 2024-04-10T07:55:57Z |
| format | Article |
| id | doaj.art-023fcd636c5a426a9e82118f53a57d38 |
| institution | Directory Open Access Journal |
| issn | 1738-5733 |
| language | English |
| last_indexed | 2024-04-10T07:55:57Z |
| publishDate | 2023-02-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Nuclear Engineering and Technology |
| spelling | doaj.art-023fcd636c5a426a9e82118f53a57d382023-02-23T04:30:46ZengElsevierNuclear Engineering and Technology1738-57332023-02-01552587594Impact of nuclear and renewable energy sources on environment quality: Testing the EKC and LCC hypotheses for South KoreaUgur Korkut Pata0Mustafa Tevfik Kartal1Faculty of Economics and Administrative Sciences, Department of Economics, Osmaniye Korkut Ata University, 80000, Merkez, Osmaniye, Turkey; Corresponding author.,Borsa İstanbul Strategic Planning, Financial Reporting, and Investor Relations Directorate, İstanbul, TurkeyThis study investigates the impacts of nuclear energy consumption on environmental quality from a different perspective by focusing on carbon dioxide (CO2) emissions, ecological footprint, and load capacity factor. In this context, the South Korea case, which is a leading country producing and consuming nuclear energy, is investigated by considering also economic growth, and the 1997 Asian crisis from 1977 to 2018. To this end, the study employs the autoregressive distributed lag (ARDL) approach. Different from previous literature, this study proposes a load capacity curve (LCC) and tests the LCC and environmental Kuznets curve (EKC) hypotheses simultaneously. The analysis results reveal that (i) the LCC and EKC hypotheses are valid in South Korea; (ii) nuclear energy has an improving effect on the environmental quality; (iii) renewable energy does not have a significant long-term impact on the environment; (iv) the 1997 Asian crisis had an increasing effect on the load capacity factor; (v) South Korea has not yet reached the turning point, identified as $55,411, where per capita income improves environmental quality. Overall, the results show the validity of the LCC and EKC hypotheses and prove the positive contribution of nuclear energy to South Korea's green development strategies.http://www.sciencedirect.com/science/article/pii/S1738573322005083LCCEKCNuclear energyRenewable energySouth Korea |
| spellingShingle | Ugur Korkut Pata Mustafa Tevfik Kartal Impact of nuclear and renewable energy sources on environment quality: Testing the EKC and LCC hypotheses for South Korea Nuclear Engineering and Technology LCC EKC Nuclear energy Renewable energy South Korea |
| title | Impact of nuclear and renewable energy sources on environment quality: Testing the EKC and LCC hypotheses for South Korea |
| title_full | Impact of nuclear and renewable energy sources on environment quality: Testing the EKC and LCC hypotheses for South Korea |
| title_fullStr | Impact of nuclear and renewable energy sources on environment quality: Testing the EKC and LCC hypotheses for South Korea |
| title_full_unstemmed | Impact of nuclear and renewable energy sources on environment quality: Testing the EKC and LCC hypotheses for South Korea |
| title_short | Impact of nuclear and renewable energy sources on environment quality: Testing the EKC and LCC hypotheses for South Korea |
| title_sort | impact of nuclear and renewable energy sources on environment quality testing the ekc and lcc hypotheses for south korea |
| topic | LCC EKC Nuclear energy Renewable energy South Korea |
| url | http://www.sciencedirect.com/science/article/pii/S1738573322005083 |
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