Renewable Energy and Banking Sector Development Impact on Load Capacity Factor in Malaysia

dc.authoridAcikgoz, Furkan/0000-0002-7332-9873
dc.contributor.authorAltintas, Nurullah
dc.contributor.authorAcikgoz, Furkan
dc.contributor.authorOkur, Mustafa
dc.contributor.authorOzturk, Musa
dc.contributor.authorAydin, Abdullah
dc.date.accessioned2024-11-07T13:34:33Z
dc.date.available2024-11-07T13:34:33Z
dc.date.issued2024
dc.departmentNiğde Ömer Halisdemir Üniversitesi
dc.description.abstractBackground: Most studies focusing on the environment predominantly utilize indicators such as CO2 and ecological footprint (EF), which solely examine the demand aspect of the environment, therefore overlooking the supply dimension. This limitation restricts the policy recommendations obtained from those studies. Load Capacity Factor (LCF) variable overcomes this deficiency in the literature by including both the supply and demand dimensions of the environment in the analysis and makes it possible to provide more comprehensive policy recommendations. This article discovers the impact of renewable energy consumption (REC), banking sector development (BSD), and economic growth (GDP) on the LCF in Malaysia between 1980 and 2018. Method: ology: After investigating the stationarity of variables utilizing Lee and Strazicich's (2003) Unit Root (LSUR) test that considers structural breaks, the study tested the long-term (LT) relationship in the model through the ARDLB test approach. Subsequently, the short-term (ST) and LT coefficients of the GDP growth, BANK, and RE consumption variables are calculated. Findings: The Load Capacity Curve (LCC) theory is valid in the ST and LT. In both the ST and LT, RE consumption has a detrimental effect on environmental sustainability (ES), while BSD has a positive impact. In conclusion, the study presents novel findings related to environmental policies for the policymakers of Malaysia.
dc.identifier.doi10.1016/j.jclepro.2023.140143
dc.identifier.issn0959-6526
dc.identifier.issn1879-1786
dc.identifier.scopus2-s2.0-85180538210
dc.identifier.scopusqualityQ1
dc.identifier.urihttps://doi.org/10.1016/j.jclepro.2023.140143
dc.identifier.urihttps://hdl.handle.net/11480/16051
dc.identifier.volume434
dc.identifier.wosWOS:001142171700001
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherElsevier Sci Ltd
dc.relation.ispartofJournal of Cleaner Production
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_20241106
dc.subjectEnvironmental Kuznets Curve
dc.subjectEcological Footprint
dc.subjectCo2 Emissions
dc.subjectCarbon Emissions
dc.subjectEconomic-Growth
dc.subjectTime-Series
dc.subjectCointegration
dc.subjectConsumption
dc.subjectInvestment
dc.subjectIndicator
dc.titleRenewable Energy and Banking Sector Development Impact on Load Capacity Factor in Malaysia
dc.typeArticle

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