Unveiling the linkage between low-carbon energy and energy sources diversification

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F25%3A43910010" target="_blank" >RIV/60076658:12510/25:43910010 - isvavai.cz</a>

Result on the web

<a href="https://www.sciencedirect.com/science/article/pii/S0301479725035200?pes=vor&utm_source=clarivate&getft_integrator=clarivate" target="_blank" >https://www.sciencedirect.com/science/article/pii/S0301479725035200?pes=vor&utm_source=clarivate&getft_integrator=clarivate</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.jenvman.2025.127544" target="_blank" >10.1016/j.jenvman.2025.127544</a>

Result language

angličtina

Original language name

Unveiling the linkage between low-carbon energy and energy sources diversification

Original language description

This research is the first to investigate the effect of low-carbon energy risk on the diversification of energy sources. To this end, a sample of 64 countries from 2000 to 2018 is analysed. For empirical estimations, we employ the Method of Moments Quantile Regression (MMQR) to address heteroscedasticity, the Partially Linear Functional-Coefficient (PLFC) model for non-linear analysis, and the Difference-in-Differences (DID) method to handle the endogeneity of Chinese energy investment. MMQR results show that low-carbon energy risk negatively affects energy sources diversification across all quantiles (10 %-90 %), validating the theoretical linkage. However, the sub-sample analyses demonstrate that a decrease in low-carbon energy risk leads to an increase in energy sources diversification in the developed countries. In contrast, in the developing nations, there is no effect. In addition, PLFC estimations reveal that the non-linear relationship is statistically significant and varies with the stage of economic development. Policymakers should proceed sensitively, taking into account the income structure of the population and the representation and importance of energy-intensive sectors within the national economy. They must not underestimate the level of preparedness of these individual groups for the energy transition. Policymakers must also consider the long-term and pervasive consequences of low-carbon energy risk (LCENR), particularly in times of external shocks or economic instability, especially in highly developed countries. An interesting partial conclusion arising from the DID analysis is the finding that Chinese energy investment did not enhance energy diversification during the period under review and may come at the expense of renewable energy development.

Czech name

—

Czech description

—

Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

—

OECD FORD branch

50202 - Applied Economics, Econometrics

Project

—

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2025

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Journal of Environmental Management

ISSN

0301-4797

e-ISSN

1095-8630

Volume of the periodical

394

Issue of the periodical within the volume

November 2025

Country of publishing house

GB - UNITED KINGDOM

Number of pages

14

Pages from-to

1-14

UT code for WoS article

001598869700001

EID of the result in the Scopus database

2-s2.0-105019490738