IDEAS home Printed from https://ideas.repec.org/a/sae/engenv/v26y2015i4p587-600.html
   My bibliography  Save this article

On the Dynamics of Generating Electricity from Diversified Sources: Evidence from Portugal

Author

Listed:
  • António Cardoso Marques
  • José Alberto Fuinhas
  • Agostinho Pereira

Abstract

By studying the interaction among wind power, traditional sources including large-hydro (ordinary regime), electricity consumption and electricity exports, the dynamics of generating electricity from diversified sources is the focus of this paper. Data for Portugal with daily frequency, for the time span from July 2007 until December 2012, are used. On the whole, the results confirm that the variables interact with each other (endogeneity). Wind power drives its own path, which is largely the outcome of political decisions. The analysis also suggests that the impact on economic activity is greater from the ordinary regime than from wind power.

Suggested Citation

  • António Cardoso Marques & José Alberto Fuinhas & Agostinho Pereira, 2015. "On the Dynamics of Generating Electricity from Diversified Sources: Evidence from Portugal," Energy & Environment, , vol. 26(4), pages 587-600, August.
  • Handle: RePEc:sae:engenv:v:26:y:2015:i:4:p:587-600
    as

    Download full text from publisher

    File URL: http://eae.sagepub.com/content/26/4/587.abstract
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Klinge Jacobsen, Henrik & Zvingilaite, Erika, 2010. "Reducing the market impact of large shares of intermittent energy in Denmark," Energy Policy, Elsevier, vol. 38(7), pages 3403-3413, July.
    2. Shahbaz, Muhammad & Tang, Chor Foon & Shahbaz Shabbir, Muhammad, 2011. "Electricity consumption and economic growth nexus in Portugal using cointegration and causality approaches," Energy Policy, Elsevier, vol. 39(6), pages 3529-3536, June.
    3. Marques, António Cardoso & Fuinhas, José Alberto, 2012. "Is renewable energy effective in promoting growth?," Energy Policy, Elsevier, vol. 46(C), pages 434-442.
    4. Tang, Chor Foon & Shahbaz, Muhammad & Arouri, Mohamed, 2013. "Re-investigating the electricity consumption and economic growth nexus in Portugal," Energy Policy, Elsevier, vol. 62(C), pages 1515-1524.
    5. Al-mulali, Usama & Fereidouni, Hassan Gholipour & Lee, Janice Y.M., 2014. "Electricity consumption from renewable and non-renewable sources and economic growth: Evidence from Latin American countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 290-298.
    6. Zhao, Yuan & Hao, Li-Sha & Wang, Yu-Ping, 2009. "Development strategies for wind power industry in Jiangsu Province, China: Based on the evaluation of resource capacity," Energy Policy, Elsevier, vol. 37(5), pages 1736-1744, May.
    7. Marques, António C. & Fuinhas, José A. & Pires Manso, J.R., 2010. "Motivations driving renewable energy in European countries: A panel data approach," Energy Policy, Elsevier, vol. 38(11), pages 6877-6885, November.
    8. Mignard, D. & Harrison, G.P. & Pritchard, C.L., 2007. "Contribution of wind power and CHP to exports from Western Denmark during 2000–2004," Renewable Energy, Elsevier, vol. 32(15), pages 2516-2528.
    9. Camadan, Ercüment, 2011. "An assessment on the current status and future of wind energy in Turkish electricity industry," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(9), pages 4994-5002.
    10. Boccard, Nicolas, 2009. "Capacity factor of wind power realized values vs. estimates," Energy Policy, Elsevier, vol. 37(7), pages 2679-2688, July.
    11. Bove, Roberto & Bucher, Matthias & Ferretti, Fabio, 2012. "Integrating large shares of wind energy in macro-economical cost-effective way," Energy, Elsevier, vol. 43(1), pages 438-447.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marques, António Cardoso & Fuinhas, José Alberto & Menegaki, Angeliki N., 2014. "Interactions between electricity generation sources and economic activity in Greece: A VECM approach," Applied Energy, Elsevier, vol. 132(C), pages 34-46.
    2. Marques, António Cardoso & Fuinhas, José Alberto & Neves, Sónia Almeida, 2018. "Ordinary and Special Regimes of electricity generation in Spain: How they interact with economic activity," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P1), pages 1226-1240.
    3. Zhang, Chi & Zhou, Kaile & Yang, Shanlin & Shao, Zhen, 2017. "On electricity consumption and economic growth in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 76(C), pages 353-368.
    4. Al-Mulali, Usama & Ozturk, Ilhan, 2014. "Are energy conservation policies effective without harming economic growth in the Gulf Cooperation Council countries?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 38(C), pages 639-650.
    5. Marques, António Cardoso & Fuinhas, José Alberto, 2015. "The role of Portuguese electricity generation regimes and industrial production," Renewable and Sustainable Energy Reviews, Elsevier, vol. 43(C), pages 321-330.
    6. Menegaki, Angeliki N. & Marques, António Cardoso & Fuinhas, José Alberto, 2017. "Redefining the energy-growth nexus with an index for sustainable economic welfare in Europe," Energy, Elsevier, vol. 141(C), pages 1254-1268.
    7. Liu, Da & Ruan, Liang & Liu, Jinchen & Huan, Huang & Zhang, Guowei & Feng, Yi & Li, Ying, 2018. "Electricity consumption and economic growth nexus in Beijing: A causal analysis of quarterly sectoral data," Renewable and Sustainable Energy Reviews, Elsevier, vol. 82(P3), pages 2498-2503.
    8. Lin, Boqiang & Moubarak, Mohamed, 2014. "Renewable energy consumption – Economic growth nexus for China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 40(C), pages 111-117.
    9. Papież, Monika & Śmiech, Sławomir & Frodyma, Katarzyna, 2019. "Effects of renewable energy sector development on electricity consumption – Growth nexus in the European Union," Renewable and Sustainable Energy Reviews, Elsevier, vol. 113(C), pages 1-1.
    10. Khalid Eltayeb Elfaki & Nurul Anwar & Arintoko Arintoko, 2020. "Do Electricity Consumption and International Trade Openness Boost Economic Growth in Sudan? Empirical Analysis from Bounds Test to Cointegration Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 10(4), pages 9-16.
    11. Alsaedi, Yasir Hamad & Tularam, Gurudeo Anand, 2020. "The relationship between electricity consumption, peak load and GDP in Saudi Arabia: A VAR analysis," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 175(C), pages 164-178.
    12. Tanattrin Bunnag, 2022. "Causality Relationship between Electric Power Consumption and Economic Growth in Malaysia and Thailand: Autoregressive Distributed Lag Bound Testing Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 12(1), pages 17-22.
    13. Marques, António Cardoso & Fuinhas, José Alberto & Menegaki, Angeliki N., 2016. "Renewable vs non-renewable electricity and the industrial production nexus: Evidence from an ARDL bounds test approach for Greece," Renewable Energy, Elsevier, vol. 96(PA), pages 645-655.
    14. Flora, Rui & Marques, António Cardoso & Fuinhas, José Alberto, 2014. "Wind power idle capacity in a panel of European countries," Energy, Elsevier, vol. 66(C), pages 823-830.
    15. Carfora, A. & Pansini, R.V. & Scandurra, G., 2021. "The role of environmental taxes and public policies in supporting RES investments in EU countries: Barriers and mimicking effects," Energy Policy, Elsevier, vol. 149(C).
    16. Osman, Mohamed & Gachino, Geoffrey & Hoque, Ariful, 2016. "Electricity consumption and economic growth in the GCC countries: Panel data analysis," Energy Policy, Elsevier, vol. 98(C), pages 318-327.
    17. Sebastian Majewski & Urszula Mentel & Raufhon Salahodjaev & Marek Cierpiał-Wolan, 2022. "Electricity Consumption and Economic Growth: Evidence from South Asian Countries," Energies, MDPI, vol. 15(4), pages 1-10, February.
    18. Hussain, Jamal & Zhou, Kui & Muhammad, Faqir & Khan, Danish & Khan, Anwar & Ali, Najabat & Akhtar, Rizwan, 2021. "Renewable energy investment and governance in countries along the belt & Road Initiative: Does trade openness matter?," Renewable Energy, Elsevier, vol. 180(C), pages 1278-1289.
    19. Pereira, Diogo Santos & Marques, António Cardoso, 2020. "Could electricity demand contribute to diversifying the mix and mitigating CO2 emissions? A fresh daily analysis of the French electricity system," Energy Policy, Elsevier, vol. 142(C).
    20. Al-mulali, Usama & Tang, Chor Foon & Ozturk, Ilhan, 2015. "Estimating the Environment Kuznets Curve hypothesis: Evidence from Latin America and the Caribbean countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 50(C), pages 918-924.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:engenv:v:26:y:2015:i:4:p:587-600. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.