Investigating the quantile-varying impact of energy policy uncertainty on mineral-driven renewable energy production: Evidence from Germany
Permanent lenke
https://hdl.handle.net/10037/36641Dato
2025-02-10Type
Journal articleTidsskriftartikkel
Peer reviewed
Sammendrag
The recent climate crisis has solemnized renewable energy for emission reduction and halting an environmental
disaster globally. However, renewable energy technologies are severely dependent on the import of critical
minerals and elements that can be severely impacted by energy policy uncertainties (ERPU). Germany highly
relies on renewables for powering economic activities and is the largest renewable energy producer in the European Union (EU) countries. However, German renewable energy generation heavily depends on imported
critical minerals and rare earths. Therefore, the primary objective of this study is to examine how ERPU drives
mineral-dependent renewable energy production in Germany from 1996M1–2018M12 by utilizing the Quantile-on-Quantile (QQR) regression method as a baseline estimator. Quantile regression (QR) is also used to check for
robustness. Empirical outcomes denote that ERPU can pose significant risks for cobalt-graphite-, copper-, nickel and rare earths-driven renewable energy production. However, the harmful impact of ERPU on nickel-driven
renewable energy production is relatively limited. In addition, QR results majorly confirm the QQR results.
Therefore, policymakers in Germany should focus on developing alternative energy policies to ease the undesired
impacts of rising ERPU on renewable energy production.
Forlag
ElsevierSitering
Erdogan, Leirvik. Investigating the quantile-varying impact of energy policy uncertainty on mineral-driven renewable energy production: Evidence from Germany. Energy. 2025;319Metadata
Vis full innførselSamlinger
Copyright 2025 The Author(s)