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...

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Main Authors: Emmanuel Uche, Nicholas Ngepah
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
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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.
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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
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