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

Listed author(s):
  • António Cardoso Marques
  • José Alberto Fuinhas
  • Agostinho Pereira

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.

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File URL: http://eae.sagepub.com/content/26/4/587.abstract
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Article provided by in its journal Energy & Environment.

Volume (Year): 26 (2015)
Issue (Month): 4 (August)
Pages: 587-600

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Handle: RePEc:sae:engenv:v:26:y:2015:i:4:p:587-600
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  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. 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.
  3. 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.
  4. Marques, António Cardoso & Fuinhas, José Alberto, 2012. "Is renewable energy effective in promoting growth?," Energy Policy, Elsevier, vol. 46(C), pages 434-442.
  5. 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.
  6. 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.
  7. Boccard, Nicolas, 2009. "Capacity factor of wind power realized values vs. estimates," Energy Policy, Elsevier, vol. 37(7), pages 2679-2688, July.
  8. 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.
  9. 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.
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