Investigating the LCC hypothesis for Portugal: the role of renewable energy and energy related R&D technologies

PATA U. K., Madureira L., Fareed Z.

International Journal of Environmental Science and Technology, cilt.21, sa.16, ss.10145-10154, 2024 (SCI-Expanded) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 21 Sayı: 16
  • Basım Tarihi: 2024
  • Doi Numarası: 10.1007/s13762-024-05629-1
  • Dergi Adı: International Journal of Environmental Science and Technology
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus, Agricultural & Environmental Science Database, Aqualine, Aquatic Science & Fisheries Abstracts (ASFA), Biotechnology Research Abstracts, CAB Abstracts, Compendex, Environment Index, Geobase, INSPEC, Pollution Abstracts, Veterinary Science Database
  • Sayfa Sayıları: ss.10145-10154
  • Anahtar Kelimeler: Environmental innovation, Load capacity factor, R&D technologies, Renewable energy
  • Hatay Mustafa Kemal Üniversitesi Adresli: Hayır

Özet

In recent years, environmental destruction has become an obstacle for humanity. In this context, can renewable energy consumption and energy research and development (R&D) technologies be a solution to improve environmental quality? This study explores this research question using the load capacity curve (LCC), focusing on a comprehensive environmental indicator, the load capacity factor, for Portugal from 1980 to 2018. The study uses Fourier-ADL and various time series estimators. The results illustrate that the LCC hypothesis is invalid and that renewable energy and energy R&D technologies support the improvement of ecological quality. Given these convincing results, it is recommended that the Portuguese government prioritize the implementation of an environmental policy focused on investment in R&D, concentrating on the promising renewable energy sector.