How green-technology, energy-transition and resource rents influence load capacity factor in South Africa
ABSTRACTClimate change is gradually rising to a level that portends an existential threat to humanity. Nevertheless, environmental modellers, particularly in South Africa, still rely on restrictive environmental quality metrics for policy insights. Here, a comprehensive metric (load capacity factor...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Taylor & Francis Group
2024-12-01
|
Series: | International Journal of Sustainable Energy |
Subjects: | |
Online Access: | https://www.tandfonline.com/doi/10.1080/14786451.2023.2281038 |
_version_ | 1797333266484690944 |
---|---|
author | Emmanuel Uche Nicholas Ngepah |
author_facet | Emmanuel Uche Nicholas Ngepah |
author_sort | Emmanuel Uche |
collection | DOAJ |
description | ABSTRACTClimate change is gradually rising to a level that portends an existential threat to humanity. Nevertheless, environmental modellers, particularly in South Africa, still rely on restrictive environmental quality metrics for policy insights. Here, a comprehensive metric (load capacity factor [LCF]) that captures both the demand and supply sides of environmental qualities was activated. With the dataset (1970–2018), estimates of autoregressive distributive lag and quantile-ARDL underscored the varied effects of the selected factors on LCF. It was unravelled that green-technology significantly improved LCF only at the upper quantile but remained ineffective afterwards. Notably, LCF improved substantially at some quantiles following the transition to clean energy. Resource rents promoted LCF partially at the upper and middle quantiles but ineffective towards the lower quantile of the distributions. Economic growth improved LCF within the upper and middle quantiles, whereas it minimised LCF at the upper quantiles. We have provided relevant policy insights therein. |
first_indexed | 2024-03-08T08:01:15Z |
format | Article |
id | doaj.art-09461e6e0daf4dcf9dd8fe11b1a25ae2 |
institution | Directory Open Access Journal |
issn | 1478-6451 1478-646X |
language | English |
last_indexed | 2024-03-08T08:01:15Z |
publishDate | 2024-12-01 |
publisher | Taylor & Francis Group |
record_format | Article |
series | International Journal of Sustainable Energy |
spelling | doaj.art-09461e6e0daf4dcf9dd8fe11b1a25ae22024-02-02T12:00:10ZengTaylor & Francis GroupInternational Journal of Sustainable Energy1478-64511478-646X2024-12-0143110.1080/14786451.2023.2281038How green-technology, energy-transition and resource rents influence load capacity factor in South AfricaEmmanuel Uche0Nicholas Ngepah1School of Economics, College of Business & Economics, University of Johannesburg, South AfricaSchool of Economics, College of Business & Economics, University of Johannesburg, South AfricaABSTRACTClimate change is gradually rising to a level that portends an existential threat to humanity. Nevertheless, environmental modellers, particularly in South Africa, still rely on restrictive environmental quality metrics for policy insights. Here, a comprehensive metric (load capacity factor [LCF]) that captures both the demand and supply sides of environmental qualities was activated. With the dataset (1970–2018), estimates of autoregressive distributive lag and quantile-ARDL underscored the varied effects of the selected factors on LCF. It was unravelled that green-technology significantly improved LCF only at the upper quantile but remained ineffective afterwards. Notably, LCF improved substantially at some quantiles following the transition to clean energy. Resource rents promoted LCF partially at the upper and middle quantiles but ineffective towards the lower quantile of the distributions. Economic growth improved LCF within the upper and middle quantiles, whereas it minimised LCF at the upper quantiles. We have provided relevant policy insights therein.https://www.tandfonline.com/doi/10.1080/14786451.2023.2281038Green-technologyenergy-transitionload capacity factorresources rentQARDLSouth Africa |
spellingShingle | Emmanuel Uche Nicholas Ngepah How green-technology, energy-transition and resource rents influence load capacity factor in South Africa International Journal of Sustainable Energy Green-technology energy-transition load capacity factor resources rent QARDL South Africa |
title | How green-technology, energy-transition and resource rents influence load capacity factor in South Africa |
title_full | How green-technology, energy-transition and resource rents influence load capacity factor in South Africa |
title_fullStr | How green-technology, energy-transition and resource rents influence load capacity factor in South Africa |
title_full_unstemmed | How green-technology, energy-transition and resource rents influence load capacity factor in South Africa |
title_short | How green-technology, energy-transition and resource rents influence load capacity factor in South Africa |
title_sort | how green technology energy transition and resource rents influence load capacity factor in south africa |
topic | Green-technology energy-transition load capacity factor resources rent QARDL South Africa |
url | https://www.tandfonline.com/doi/10.1080/14786451.2023.2281038 |
work_keys_str_mv | AT emmanueluche howgreentechnologyenergytransitionandresourcerentsinfluenceloadcapacityfactorinsouthafrica AT nicholasngepah howgreentechnologyenergytransitionandresourcerentsinfluenceloadcapacityfactorinsouthafrica |