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This paper uses a panel threshold regression (PTR) model to investigate the influence that energy prices have on renewable energy development under different economic growth rate regimes. The empirical data are obtained from each of the OECD member-countries over the period from 1997 to 2006. We show that there is one threshold in the regression relationship, which is 4.13% of a one-period lag in the annual gross domestic product (GDP) growth rate. The consumer price index (CPI), in so far as it relates to variations in energy, is significantly positively correlated with the contribution of renewables to energy supply in the regime with higher-economic growth, but there is no relationship in the regime with lower...
This paper uses a panel threshold regression (PTR) model to investigate the influence that energy prices have on renewable energy development under different economic growth rate regimes. The empirical data are obtained from each of the OECD member-countries over the period from 1997 to 2006. We show that there is one threshold in the regression relationship, which is 4.13% of a one-period lag in the annual gross domestic product (GDP) growth rate. The consumer price index (CPI), in so far as it relates to variations in energy, is significantly positively correlated with the contribution of renewables to energy supply in the regime with higher-economic growth, but there is no relationship in the regime with lower...
This paper sets the context for the development of tidal current technology in the face of impending climate change and so called 'peak oil'. Siting requirements are specified for tidal turbines and a general overview of the different technologies under development is given. Specific and detailed descriptions of leading Marine Current Turbine's technology are also highlighted. The paper considers the likely environmental impact of the technology, considering in particular possible ( perceived and real) risks to marine wildlife, including birds. It concludes by indicating the planned future developments, and the scale and speed of implementation that might be achieved.
This paper sets the context for the development of tidal current technology in the face of impending climate change and so called 'peak oil'. Siting requirements are specified for tidal turbines and a general overview of the different technologies under development is given. Specific and detailed descriptions of leading Marine Current Turbine's technology are also highlighted. The paper considers the likely environmental impact of the technology, considering in particular possible ( perceived and real) risks to marine wildlife, including birds. It concludes by indicating the planned future developments, and the scale and speed of implementation that might be achieved.
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