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Energies
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Energy Consumption Structure and Economic Growth
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Energy Consumption Structure and Economic Growth

A special issue of Energies (ISSN 1996-1073). This special issue belongs to the section "C: Energy Economics and Policy".

Deadline for manuscript submissions: closed (31 December 2023) | Viewed by 3753

Special Issue Editors

Prof. Dr. Olimpia Neagu

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Guest Editor
Faculty of Economics, Computer Science and Engineering, “Vasile Goldiș” Western University of Arad, 310025 Arad, Romania
Interests: energy economics; sustainable development; economic complexity; European economics; human capital
Special Issues, Collections and Topics in MDPI journals
Dr. Syed Tauseef Hassan

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Guest Editor
School of Business, Nanjing University of Information Science and Technology, Nanjing 210044, China
Interests: energy economics; environmental economics; financial development
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

The structure of energy consumption is usually put forward in accordance with the stage of economic development. A higher level of growth is associated with increasing levels of environmental depreciation if several factors as: energy technology, energy policies, regulations and institutions are not considered. Increase of fossil energy generates environmental degradation and hinders sustainable development, while renewable, clean energy replacing fossil energy would lead to energy conservation and decreasing pollution and environmental quality increase. The goals of sustainable development are related to low-emission economies. A sustainable economic development requires a specific energy mix and appropriate energy policies supporting the increasing energy demand and also avoiding environmental degradation. The nexus between energy consumption structure and sustainable economic growth, as well as its transmission mechanism reveal new and unexplored direction of research.

As the guest editors of the Special Issue of Energies, titled Energy consumption structure and economic growth, we would like to invite potential authors to contribute with papers dealing with the following topics, but not limited to them:

  • Renewable/non-renewable energy and economic growth;
  • Causalities between energy consumption and economic growth;
  • Energy consumption, environmental degradation and economic growth;
  • Energy consumption, economic growth and climate neutrality;
  • Technology innovation, energy consumption and economic growth;
  • Factors (i.e., institutional, digital and technological factors, environmental and energy policies) influencing the energy consumption -economic growth nexus;
  • Clean energy consumption and economic growth;
  • Energy consumption structure and climate-neutral/low-emission economies;
  • Implementation of energy efficiency principle and economic growth;
  • Energy consumption structure and sustainable development;
  • Energy consumption structure and green/circular economy;
  • Hypothesis for energy consumption and economic growth nexus.

Prof. Dr. Olimpia Neagu
Dr. Syed Tauseef Hassan
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Energies is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • energy consumption structure
  • economic growth
  • sustainable development
  • technology innovation
  • environmental degradation
  • clean energy
  • environmental quality
  • clean energy
  • climate-neutral and low-emission economies

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Published Papers (2 papers)

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Research

17 pages, 1663 KiB  
Article
Effects of Energy Economic Variables on the Economic Growth of the European Union (2010–2019)
by László Török
Energies 2023, 16(16), 6094; https://doi.org/10.3390/en16166094 - 21 Aug 2023
Cited by 2 | Viewed by 1838
Abstract
The economic downturn caused by the financial crisis of 2008–2009 and the intensifying global climate policy trends forced changes in the energy management of the European Union. The study examined how the most relevant energy economic variables affected the economic growth of the [...] Read more.
The economic downturn caused by the financial crisis of 2008–2009 and the intensifying global climate policy trends forced changes in the energy management of the European Union. The study examined how the most relevant energy economic variables affected the economic growth of the E.U. between 2010–2019. The study used the PSL-PM methodology to explore the relationship between G.D.P. (dependent variable) and energy consumption, greenhouse gas emissions, the average energy price, and renewable energy use (independent variables). The main findings are: G.D.P. growth is negatively correlated with CO2 emissions, showing that the E.U. economy is still highly dependent on fossil fuels; the increase in the proportion of renewable energy consumption contributed to the growth of the E.U.’s G.D.P.; CO2 emissions, energy consumption, and the average energy price are more critical in E.U. member states with a lower G.D.P.; renewable energy use and energy balance are essential in countries where more emphasis is placed on replacing traditional energy sources and reducing energy dependence; there is a strong positive correlation between G.D.P. and renewable energy use, indicating that this type of energy use effectively supports E.U. economic growth. The results of the multicollinearity test show that there is also a strong linear dependence between the independent energy economic variables. One of the significances of the study is that the presented and analyzed variables and the relationships between them can contribute to optimizing the E.U.’s currently critical energy management and economic growth. Full article
(This article belongs to the Special Issue Energy Consumption Structure and Economic Growth)
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10 pages, 231 KiB  
Article
Electricity Blackout and Its Ripple Effects: Examining Liquidity and Information Asymmetry in U.S. Financial Markets
by Dosung Kim, Jang-Chul Kim, Qing Su and Sung-Kwan Joo
Energies 2023, 16(13), 4939; https://doi.org/10.3390/en16134939 - 25 Jun 2023
Cited by 4 | Viewed by 1359
Abstract
The massive blackout that occurred in August 2003 left over 50 million people in the northeastern and midwestern parts of the United States without electricity and caused billions of dollars in economic losses. This event highlighted the importance of sustainable and resilient energy [...] Read more.
The massive blackout that occurred in August 2003 left over 50 million people in the northeastern and midwestern parts of the United States without electricity and caused billions of dollars in economic losses. This event highlighted the importance of sustainable and resilient energy infrastructure. Our study examines the impact of this blackout on the sustainability of financial markets by analyzing the liquidity and information asymmetry of U.S. stocks listed on major exchanges. Our results show that the blackout had a negative impact on the financial market’s liquidity, as evidenced by a significant widening of bid–ask spreads and a decrease in the market quality index. We also find an increase in information asymmetry during the blackout period, as measured by higher realized spreads. Furthermore, our study reveals that the blackout had a border impact on global financial markets and the negative effect on liquidity persisted even after two weeks. Full article
(This article belongs to the Special Issue Energy Consumption Structure and Economic Growth)
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