Determinants of renewable energy growth in Sub-Saharan Africa: Evidence from panel ARDL

被引:203
|
作者
da Silva, Patricia Pereira [1 ,2 ]
Cerqueira, Pedro Andre [2 ,3 ]
Ogbe, Wojolomi [4 ]
机构
[1] Univ Coimbra, Fac Econ, EfS Energy Sustainabil Initiat, INESC Coimbra, Av Dias da Silva 165, P-3004512 Coimbra, Portugal
[2] CeBER Portugal, Av Dias da Silva 165, P-3004512 Coimbra, Portugal
[3] Univ Coimbra, Fac Econ, Av Dias da Silva 165, P-3004512 Coimbra, Portugal
[4] Univ Coimbra, EfS Energy Sustainabil Initiat, Av Dias da Silva 165, P-3004512 Coimbra, Portugal
关键词
Renewable energy; Sub-Saharan Africa; Panel ARDL; UNIT-ROOT TESTS; ECONOMIC-GROWTH; DYNAMIC-MODELS; CO2; EMISSIONS; WIND POWER; OIL PRICES; CONSUMPTION; POLICIES; TECHNOLOGY; DIFFUSION;
D O I
10.1016/j.energy.2018.05.068
中图分类号
O414.1 [热力学];
学科分类号
摘要
Given the importance of renewable energy in the discussion of a reliable and sustainable energy future, it is imperative to understand its main determinants and to draw result implications for energy policy. This study analyses these determinants for Sub-Saharan Africa. Using a panel data technique, namely the panel-ARDL model for a period covering 1990-2014, the results suggest that economic development (per capita GDP) and an increased use of energy aid renewable energy development while population growth impedes it. Furthermore, the study investigates the potentials and current status of renewable energy in Sub-Saharan Africa. This article shows that although the region has great potential for developing renewable energy such as wind, biomass, solar and hydropower, dispersed throughout the continent, this potential has not been fully explored, even though many resources are plentifully available, and evidence good economic potential. (C) 2018 Published by Elsevier Ltd.
引用
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页码:45 / 54
页数:10
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