Identifying the factors that drive renewable energy consumption in the MENA region

Year 2023, , 170 - 185, 31.07.2023

Sadık Aden Dırır

https://doi.org/10.58308/bemarej.1230694

Abstract

The present study aims to identify the factors that drive renewable energy consumption in the MENA region. For this aim, the study employed panel data that consist of seven selected countries namely Algeria, Morocco, Egypt, Iraq, United Arab Emirates, Qatar, and Saudi Arabia from 2000 to 2021. The current study performed a Panel ARDL and causality test to determine the long-run effect of the variables and the direction of these effects. With that in mind, the study unveiled that energy importation and national income have a detrimental impact on renewable energy consumption while indicators such as inflation, government expenditure, economic growth, and industrial sector performance uncovered to rise the renewable energy consumption in MENA countries. Interestingly, the trade coefficient revealed no remarkable impact on the dependent variable. The results will offer insights to the MENA nations and the countries struggling to promote renewable energy consumption by identifying the factors that need to be prompted in order to increase the consumption of renewable energy and dissociate from non-renewable energy without compromising to achieve sustainable economic development. The paper also contributes to the literature by establishing a link between macroeconomic and microeconomic factors on energy consumption.

Keywords

Renewable energy, Energy consumption, Energy output, Economic factors, MENA, income

MENA bölgesinde yenilenebilir enerji tüketimini yönlendiren faktörlerin belirlenmesi.

Abstract

Bu çalışma, MENA bölgesinde yenilenebilir enerji tüketimini ve üretimini yönlendiren faktörleri belirlemeyi amaçlamaktadır. Bu amaçla, çalışmada 2000-2021 yılları arasında seçilen yedi ülkeden (Cezayir, Fas, Mısır, Irak, Birleşik Arap Emirlikleri, Katar ve Suudi Arabistan) oluşan panel veriler kullanılmıştır. ve endüstriyel katma değer, yenilenebilir enerji kullanımını olumlu yönde etkilemektedir. MENA ülkelerinde yenilenebilir enerji kullanımı ticaret, hükümet harcamaları, GSYİH, enflasyon ve enflasyondan olumsuz etkileniyor. Buna karşılık, yenilenebilir enerji üretimini inceleyen tüm modeller, MENA ülkelerinde gelir ve enerji ithalatının bu üretimi azalttığını, diğer faktörlerin ise artırdığını buldu. Sonuçlar, yenilenebilir enerji tüketimini artırmak ve sürdürülebilir ekonomik kalkınmayı sağlamaktan ödün vermeden yenilenemeyen enerjiden ayrışmak için harekete geçirilmesi gereken faktörleri belirleyerek yenilenebilir enerji tüketimini teşvik etmek için mücadele eden MENA ülkeleri ve ülkelere içgörü sunacak. . Çalışma, enerji tüketimi üzerindeki makroekonomik ve mikroekonomik faktörler arasında bir bağlantı kurarak literatüre katkıda bulunmaktadır.

Keywords

Yenilenebilir enerji, Enerji tüketimi, Enerji çıkışı, Gelir, Ekonomik faktörler, MENA

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