The nexus between Russian uranium exports and US nuclear-energy consumption: Do the spillover effects of geopolitical risks matter?

被引:5
作者
Islam, Md. Monirul [1 ,2 ]
Shahbaz, Muhammad [3 ,4 ,6 ]
Samargandi, Nahla [5 ]
机构
[1] Ural Fed Univ, Grad Sch Econ & Management, Ekaterinburg, Russia
[2] Univ Dhaka, Bangladesh Inst Governance & Management BIGM, Dhaka, Bangladesh
[3] Beijing Inst Technol, Sch Management & Econ, Dept Int Trade & Finance, Beijing, Peoples R China
[4] Gulf Univ Sci & Technol, Ctr Sustainable Energy & Econ Dev, Hawally, Kuwait
[5] King Abdulaziz Univ, Fac Econ & Adm, Ctr Res Excellence Renewable Energy & Power Syst, Dept Econ, Jeddah 21441, Saudi Arabia
[6] Beijing Inst Technol, Sch Management & Econ, Beijing, Peoples R China
基金
俄罗斯科学基金会;
关键词
Russian uranium exports; US nuclear-energy consumption; Spillover effects; Geopolitical risks; Cross-quantilogram procedure; Wavelet coherence technique; RENEWABLE ENERGY; EXCHANGE-RATES; IMPACT; TRADE; POWER; VULNERABILITY; SUPPLIES; TESTS;
D O I
10.1016/j.energy.2024.130481
中图分类号
O414.1 [热力学];
学科分类号
摘要
Geopolitical risks significantly impact global energy consumption, hindering material trade and influencing policy decisions. Specifically, the Russian uranium supply for US nuclear energy production faces geopolitical risks despite being exempt from ongoing sanctions imposed by Western and European entities during the RussiaUkraine conflict. We investigate the effect of global, Russian, and US geopolitical risks on US nuclear -energy consumption driven by Russian uranium exports from January 1996 to December 2019. The crossquantilogram analysis reveals a negative influence of global geopolitical risks on Russian uranium exportdriven US nuclear -energy consumption in lower quantiles, and a positive effect in medium to upper quantiles under long memory. Interestingly, Russian geopolitical risks do not have any significant effect, while US geopolitical risks positively impact from the medium to upper quantiles in extended memory. Hence, our policy suggestion is solely concerned with adequately dealing with global geopolitical risks under the global governance platform to enhance worldwide uranium trade for nuclear energy consumption in the USA.
引用
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页数:14
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