Efficacies of technological progress and renewable energy transition in amplifying national electrification rates: contextual evidence from developing countries
Utilities Policy, ISSN: 0957-1787, Vol: 81, Page: 101512
2023
- 17Citations
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Most Recent News
Studies from North South University in the Area of Renewable Energy Described (Efficacies of Technological Progress and Renewable Energy Transition In Amplifying National Electrification Rates: Contextual Evidence From Developing Countries)
2023 APR 07 (NewsRx) -- By a News Reporter-Staff News Editor at Energy Daily News -- Data detailed on Energy - Renewable Energy have been
Article Description
Since electricity is a basic human need, improving its accessibility is of global relevance. Hence, this study considers data from 74 developing countries for understanding the macroeconomic factors influencing their national electrification rates. Although the income-group-specific findings exhibit heterogeneity, the overall results endorse the electrification rate-boosting impacts of technological progress, renewable energy transition, economic growth, and institutional quality improvement. Besides, the joint electrification rate-boosting effect of technological progress and renewable energy transition is affirmed, while higher income inequality and prices of crude oil are found to inhibit improvement in electrification rates in the developing countries of concern. Accordingly, several electrification rate-boosting policies are suggested.
Bibliographic Details
http://www.sciencedirect.com/science/article/pii/S0957178723000243; http://dx.doi.org/10.1016/j.jup.2023.101512; http://www.scopus.com/inward/record.url?partnerID=HzOxMe3b&scp=85147938045&origin=inward; https://linkinghub.elsevier.com/retrieve/pii/S0957178723000243; https://dx.doi.org/10.1016/j.jup.2023.101512
Elsevier BV
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