Electricity consumption from renewable and non-renewable sources and economic growth: Evidence from Latin American countries

Al‐mulali, Usama; Fereidouni, Hassan Gholipour; Lee, Janice Yim Mei

doi:10.1016/j.rser.2013.10.006

Cited by 246 publications

(95 citation statements)

References 48 publications

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“…A similar behavior is explained by Al-mulali et al, [4] since those authors highlight an increase in electricity production from oil, gas and coal against the decrease in electricity production from hydroelectric sources.…”

Section: Renewable Energy Venezuelan Potentialsupporting

confidence: 79%

“…Up to 2010, hydropower accounted more than 50% of Latin America total electricity consumption [4]. This proves the importance of such renewable resources for the entire region.…”

Section: Renewable Energy Venezuelan Potentialmentioning

confidence: 99%

“…From them different results may arise, being some more positive than others. Latin American countries have huge renewable energy potential mainly in hydropower [4] [5], and the region has made important investments to produce it, but according to the Renewable Energy Policy Network [1] world investments are still insufficient to reach the goal of Sustainable Energy for All.…”

Section: Introductionmentioning

confidence: 99%

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Renewable Energy Infrastructure. Importance to Reach Sustainability goals. Venezuelan situation in 2016

Dikdan¹,

Rodríguez‐Monroy²

2016

Proceedings of the 14th LACCEI International Multi-Conference for Engineering, Education, and Technology: “Engineering Innovati

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Abstract-Renewable energy is fundamental for economic growth and sustainable development. To be generated, distributed and used renewable energy requires proper infrastructure. Venezuela is a country with important energy resources, mainly in hydropower, but despite the huge resources invested in the improvement of its infrastructure, the delays with projects' completion as well as the frequent blackouts show that there is a structural problem that hinders the attainment of the Energy for All Global Goals. This article presents an overview of the Venezuelan renewable energy potential, its importance to meet sustainability goals, some construction problems affecting this sector and the situation of renewable infrastructure in construction in the country. The conclusions highlight a complex problem whose solution requires deep changes in the Venezuelan energy policies and strategies.Keywords Abstract-Renewable energy is fundamental for economic growth and sustainable development. To be generated, distributed and used renewable energy requires proper infrastructure. Venezuela is a country with important energy resources, mainly in hydropower, but despite the huge resources invested in the improvement of its infrastructure, the delays with projects' completion as well as the frequent blackouts show that there is a structural problem that hinders the attainment of the Energy for All Global Goals. This article presents an overview of the Venezuelan renewable energy potential, its importance to meet sustainability goals, some construction problems affecting this sector and the situation of renewable infrastructure in construction in the country. The conclusions highlight a complex problem whose solution requires deep changes in the Venezuelan energy policies and strategies.

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Section: Renewable Energy Venezuelan Potentialsupporting

confidence: 79%

“…Up to 2010, hydropower accounted more than 50% of Latin America total electricity consumption [4]. This proves the importance of such renewable resources for the entire region.…”

Section: Renewable Energy Venezuelan Potentialmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Renewable Energy Infrastructure. Importance to Reach Sustainability goals. Venezuelan situation in 2016

Dikdan¹,

Rodríguez‐Monroy²

2016

Proceedings of the 14th LACCEI International Multi-Conference for Engineering, Education, and Technology: “Engineering Innovati

View full text Add to dashboard Cite

show abstract

“…Ghosh (2009) Marques et al (2014) examined the association between renewable electricity generation and economic activity in case Greece and found neutral effect between the variables. Al-mulali et al (2014) probed the linkages between electricity consumption and economic growth for Latin American countries. They noted that renewable electricity consumption is more beneficial in stimulating economic activity.…”

Section: Literature Reviewmentioning

confidence: 99%

Estimation of electricity demand function for Algeria: Revisit of time series analysis

Khraief

Shahbaz

Mallick

et al. 2018

Renewable and Sustainable Energy Reviews

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This paper aims to empirically re-examine whether economic growth has effect on electricity consumption for Algerian economy. We have incorporated urbanisation and trade openness in electricity demand function as additional determinants of electrictyy consumption for the period of 1971-2012. For empirical purpose, we have applied the recently developed combined cointegration test proposed by Bayer and Hanck (2013) and bounds testing approach to cointegration by Pesaran et al. (2001) for establishing the cointegration between the variables by accomodating structural breaks.The results expose that income growth leads to higher electricity demand along with urbanization being another major contributing factor of rising electricity demand. In contrast, trade openness leads to reduce electricity demand. The causal association between the variables is further exmained with the application of innovation accounting approach of Vector Autoregressive (VAR). The empirical evidnce inidactes the presence of the neutral effect between income growth and electricity use. Urbanization causes electricity use and electricity use causes urbaniation in Granger sense.

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“…They concluded that inequality in CO 2 is mostly explained by the inequality in the per capita income. The relationship between energy consumption (electricity in this case) from renewable and non-renewable sources and economic growth for 18 Latin American countries during the period 1980-2010 was studied by Al-mulali et al [20]. The authors used the Vector Error-Correction and found that renewable electricity consumption is more significant that non-renewable electricity consumption in promoting economic growth in the long and the short term.…”

Section: Literature Reviewmentioning

confidence: 99%

Studying the relationship between economic growth, CO2 emissions, and the environmental Kuznets curve in Venezuela (1980–2025)

Robalino-López

Nieto

García‐Ramos

et al. 2015

Renewable and Sustainable Energy Reviews

151

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This work tries to determine whether it is possible to stabilize CO 2 emissions under a rapid increase of Gross Domestic Product in a medium term. The paper is an effort to study in detail how changes in the driving forces of the economy affect CO 2 emissions. We study the case of Venezuela for the period 1980-2025, using the methodology proposed by Robalino-López et al. [1,2], which is based on an extension of the Kaya identity and on a GDP formation approach that includes the effect of renewable energies. We test the environmental Kuznets curve (EKC) [3] hypothesis in a coming future under different economic scenarios considering, therefore, not only past data but also projections for the coming years. We use cointegration techniques [4] and the Jaunky [5] specification to test the fulfillment of the EKC hypothesis in Venezuela. Our predictions show that Venezuela does not fulfill the EKC hypothesis, but however, the country could be on the way to achieve environmental stabilization in the medium term. This stabilization could be accomplished combining economic growth with increasing use of renewable energy, appropriated changes in the energy matrix, and in the productive sectoral structure.

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Electricity consumption from renewable and non-renewable sources and economic growth: Evidence from Latin American countries

Cited by 246 publications

References 48 publications

Renewable Energy Infrastructure. Importance to Reach Sustainability goals. Venezuelan situation in 2016

Renewable Energy Infrastructure. Importance to Reach Sustainability goals. Venezuelan situation in 2016

Estimation of electricity demand function for Algeria: Revisit of time series analysis

Studying the relationship between economic growth, CO2 emissions, and the environmental Kuznets curve in Venezuela (1980–2025)

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