The effects of cross-border electricity trade on power production from different energy sources

Simple item page
buir.contributor.authorBoz, Deniz Ege
buir.contributor.authorBerument, M. Hakan
buir.contributor.orcidBoz, Deniz Ege|0000-0002-7741-9227
buir.contributor.orcidBerument, M. Hakan|0000-0003-2276-4741
dc.citation.epage106953-10en_US
dc.citation.issueNumber5en_US
dc.citation.spage106953-1en_US
dc.citation.volumeNumber34en_US
dc.contributor.authorBoz, Deniz Ege
dc.contributor.authorŞanlı, B.
dc.contributor.authorBerument, M. Hakan
dc.date.accessioned2022-02-09T19:23:13Z
dc.date.available2022-02-09T19:23:13Z
dc.date.issued2021-06
dc.departmentDepartment of Economicsen_US
dc.description.abstractIn this study, we provide empirical evidence to emphasize the crucial role of cross-border electricity trade for decreasing the use of fossil fuels in power industries and attaining higher electricity supply from solar and wind energy sources. We collected data for 48 countries across three continents (Americas, Europe and Asia) from 1991 to 2018 to create a world sample that would reflect the diversity of various energy mixes in different electricity markets. We showed the existence of long-term relationships between power production from natural gas, solar, wind and the level of cross-border electricity trade. Later on, we conducted panel data analyses that utilize the fixed-effect approach with interactive variables. The empirical evidence reveals that when electricity production from solar and wind energy sources interacts with cross-border electricity trade, the rate of power production from natural gas decreases statistically significantly. Furthermore, we created efficiency indices for solar and wind energy sources and to provide evidence for the increased utilization of solar and wind electricity production in the presence of cross-border electricity trade. The resulting empirical evidence reveals that for countries with positive economic growth, a rise in the levels of cross-border electricity trade leads to more efficient electricity production from solar and wind energy sources.en_US
dc.description.provenanceSubmitted by Samet Emre (samet.emre@bilkent.edu.tr) on 2022-02-09T19:23:13Z No. of bitstreams: 1 The_effects_of_cross-border_electricity_trade_on_power_production_from_different_energy_sources.pdf: 502288 bytes, checksum: 9e842835039e99b8fe119a4a254304b3 (MD5)en
dc.description.provenanceMade available in DSpace on 2022-02-09T19:23:13Z (GMT). No. of bitstreams: 1 The_effects_of_cross-border_electricity_trade_on_power_production_from_different_energy_sources.pdf: 502288 bytes, checksum: 9e842835039e99b8fe119a4a254304b3 (MD5) Previous issue date: 2021-06en
dc.embargo.release2023-06-30
dc.identifier.doi10.1016/j.tej.2021.106953en_US
dc.identifier.issn1040-6190
dc.identifier.urihttp://hdl.handle.net/11693/77194
dc.language.isoEnglishen_US
dc.publisherElsevier Inc.en_US
dc.relation.isversionofhttps://doi.org/10.1016/j.tej.2021.106953en_US
dc.source.titleThe Electricity Journalen_US
dc.subjectRenewable and non-renewable sourcesen_US
dc.subjectElectricity marketsen_US
dc.subjectElectricity tradeen_US
dc.titleThe effects of cross-border electricity trade on power production from different energy sourcesen_US
dc.typeArticleen_US

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
The_effects_of_cross-border_electricity_trade_on_power_production_from_different_energy_sources.pdf
Size:
490.52 KB
Format:
Adobe Portable Document Format
Description:
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.69 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

Scholarly Publications - Economics