Impacts of nuclear energy, greener energy, and economic progress on the load capacity factor: What we learn from the leading nuclear power economies?

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F24%3A100187" target="_blank" >RIV/60460709:41110/24:100187 - isvavai.cz</a>

Result on the web

<a href="https://doi.org/10.1016/j.gsf.2023.101739" target="_blank" >https://doi.org/10.1016/j.gsf.2023.101739</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.gsf.2023.101739" target="_blank" >10.1016/j.gsf.2023.101739</a>

Result language

angličtina

Original language name

Impacts of nuclear energy, greener energy, and economic progress on the load capacity factor: What we learn from the leading nuclear power economies?

Original language description

The worldwide tremor of environmental degradation commonly represents the escalation of emissions levels and ecological footprints that harm the planet's biocapacity. This is because of using gigantic non-renewable energy resources, urbanization stream and massive economic activities in the major industrialized nations. Amid this situation, we investigate the influence of disaggregated energy measures, e.g., renewable, and nuclear energy, income growth and urbanization on the load capacity factor (biocapacity divided by the ecological footprint) of major nuclear power countries, such as France, the USA, Canada, China, and Russia during 1990-2021. To this end, we utilize the CS-ARDL procedure because of the endogeneity, common correlation, non-stationarity in data and heterogeneity in panel units. We contribute to considering the supply side dynamic of environmental degradation parameter, the load capacity, from the perspective of the top nuclear power nations that deviates our analysis from the prevailing scholarly works. However, our findings confirm a significantly positive impact of renewable and nuclear energy on the load capacity factor in improving environmental safety. Besides, economic growth and urbanization negatively affect the load capacity dynamics in spurring environmental degradation. Our findings are robust across an alternative estimation technique, namely the Dumitrescu and Hurlin (DH) causation analysis. Therefore, we recommend formulating pragmatic policies to deter the detrimental effects of income and urbanization by properly utilizing sustainable energy resources to conserve the natural environment. (c) 2023 China University of Geosciences (Beijing) and Peking University. Published by Elsevier B.V. on behalf of China University of Geosciences (Beijing). This is an open access article under the CC BY -NC -ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

Czech name

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Czech description

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Type

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

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2024

Confidentiality

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

Name of the periodical

Geoscience Frontiers

ISSN

1674-9871

e-ISSN

1674-9871

Volume of the periodical

15

Issue of the periodical within the volume

MAY 2024

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

14

Pages from-to

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UT code for WoS article

001232718000001

EID of the result in the Scopus database

2-s2.0-85177840554