Investigating the LCC hypothesis for Portugal: the role of renewable energy and energy related R&D technologies

PATA U. K., Madureira L., Fareed Z.

INTERNATIONAL JOURNAL OF ENVIRONMENTAL SCIENCE AND TECHNOLOGY, 2024 (SCI-Expanded) identifier identifier

  • Publication Type: Article / Article
  • Publication Date: 2024
  • Doi Number: 10.1007/s13762-024-05629-1
  • Journal Name: INTERNATIONAL JOURNAL OF ENVIRONMENTAL SCIENCE AND TECHNOLOGY
  • Journal Indexes: Science Citation Index Expanded (SCI-EXPANDED), Scopus, Agricultural & Environmental Science Database, Aqualine, Aquatic Science & Fisheries Abstracts (ASFA), Biotechnology Research Abstracts, CAB Abstracts, Compendex, Environment Index, Geobase, INSPEC, Pollution Abstracts, Veterinary Science Database
  • Azerbaijan State University of Economics (UNEC) Affiliated: No

Abstract

In recent years, environmental destruction has become an obstacle for humanity. In this context, can renewable energy consumption and energy research and development (R&D) technologies be a solution to improve environmental quality? This study explores this research question using the load capacity curve (LCC), focusing on a comprehensive environmental indicator, the load capacity factor, for Portugal from 1980 to 2018. The study uses Fourier-ADL and various time series estimators. The results illustrate that the LCC hypothesis is invalid and that renewable energy and energy R&D technologies support the improvement of ecological quality. Given these convincing results, it is recommended that the Portuguese government prioritize the implementation of an environmental policy focused on investment in R&D, concentrating on the promising renewable energy sector.