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Dynamic correlated effects of electricity prices, biomass energy, and technological innovation in Tunisia's energy transition

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  • Li, Siying
  • Cifuentes-Faura, Javier
  • Talbi, Besma
  • Sadiq, Muhammad
  • Si Mohammed, Kamel
  • Bashir, Muhammad Farhan

Abstract

The current paper reviews the interconnectedness between electricity prices, economic growth, natural gas consumption, biomass energy and technological innovation in Tunisia over the 1980–2018 period. We used ARDL, variance decomposition and impulse response functions as the main empirical methodologies. The results indicate the presence of a strong association between the variables to help us suggest that the integration of economic and environmental policies should prioritize fossil fuel alternatives to ensure the gradual transmission of “dirty energy resources” towards cleaner and more reliable energy alternatives.

Suggested Citation

  • Li, Siying & Cifuentes-Faura, Javier & Talbi, Besma & Sadiq, Muhammad & Si Mohammed, Kamel & Bashir, Muhammad Farhan, 2023. "Dynamic correlated effects of electricity prices, biomass energy, and technological innovation in Tunisia's energy transition," Utilities Policy, Elsevier, vol. 82(C).
    • Handle: RePEc:eee:juipol:v:82:y:2023:i:c:s0957178723000334
    DOI: 10.1016/j.jup.2023.101521
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