The effect of geopolitical risk and green technology on load capacity factors in BRICS

Liton Chandra Voumik, Smarnika Ghosh, Mamunur Rashid, Mihir Kumar Das, Miguel Angel Esquivias, Omar Rojas

Research output: Contribution to journalArticlepeer-review

2 Citations (Scopus)

Abstract

This study explores the interaction between geopolitics, natural resources, and load capacity factors (LCF) within BRICS countries. Using fixed effects, random effects, quantile regression, and Driscoll Kraay Standard Error approaches, we found that for every 1% increase in green technology adoption, LCF decreased by 0.14%–0.54%. This effect suggests that green technologies may reduce LCF. Geopolitical risk positively influences LCF, with a 1% increase resulting in a 0.14%–0.48% rise across quantiles, thus enhancing reliability and sustainability. Furthermore, economic growth, renewable energy, and natural resources rents enhance the ratio of biocapacity to ecological footprint.

Original languageEnglish
Article number101757
JournalUtilities Policy
Volume88
DOIs
Publication statusPublished - Jun 2024

Keywords

  • BRICS
  • Environmental sustainability
  • Geopolitical risk
  • Green technology
  • Load capacity factors

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