Towards Achieving Sustainability in the BRICS Economies: The Role of Renewable Energy Consumption and Economic Risk

Towards Achieving Sustainability in the BRICS Economies: The Role of Renewable Energy Consumption and Economic Risk

In this study, the focus is on examining the influence of renewable energy consumption, economic risk, and financial risk on the load capacity factor (LF) within the BRICS countries. The analysis covers the time span from 1990 to 2019. The empirical strategy uses the Method of Moments Quantile Regre...

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Bibliographic Details
Main Authors: Opeoluwa Seun Ojekemi, Mehmet Ağa, Cosimo Magazzino
Format: Article
Language:English
Published: MDPI AG 2023-07-01
Series:Energies
Subjects:
load capacity factor
sustainable development
financial risk
economic risk
renewable energy consumption
fossil fuels
Online Access:https://www.mdpi.com/1996-1073/16/14/5287

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