Journal article 190 views
Winding down Spain's looming energy poverty amid green energy transition: Evidence from novel multivariate quantile-on-quantile (M-QQR) regression
Energy Economics, Volume: 145, Start page: 108436
Swansea University Author:
Hamid Eskandari
Full text not available from this repository: check for access using links below.
DOI (Published version): 10.1016/j.eneco.2025.108436
Abstract
Universal access to energy is instrumental in the pursuit of sustainable development. However, energy security in the era of energy transition has become a massive challenge for energy stakeholders and policymakers. Prolonged winters and energy insecurity issues have forced residents in many Europea...
Published in: | Energy Economics |
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ISSN: | 0140-9883 1873-6181 |
Published: |
Elsevier BV
2025
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URI: | https://cronfa.swan.ac.uk/Record/cronfa69225 |
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2025-06-24T13:42:52.7224415 v2 69225 2025-04-04 Winding down Spain's looming energy poverty amid green energy transition: Evidence from novel multivariate quantile-on-quantile (M-QQR) regression d2a47b056b55373889a9d19d2924f634 0000-0002-5515-9399 Hamid Eskandari Hamid Eskandari true false 2025-04-04 CBAE Universal access to energy is instrumental in the pursuit of sustainable development. However, energy security in the era of energy transition has become a massive challenge for energy stakeholders and policymakers. Prolonged winters and energy insecurity issues have forced residents in many European territories to depend more on pollution-intensive biomass energies (i.e., fuelwood), leading to a crackdown on establishing an ecological civilization. As such, we scrutinize how green energy transition (REN), information globalization (IGL), green innovation (GIN), and natural resources rent (RNT) help combat Spain's energy poverty. We use quarterly data from 1990-Q2 to 2021-Q4 and employ novel non-parametric multivariate quantile-on-quantile (M-QQR) and quantile-on-quantile Granger causality approaches. We note the following findings: 1) Renewable energy transition is instrumental in curbing Spain's hidden energy poverty. 2) As the real income falls, low-income residents' energy affordability gets compromised, while the opposite holds for an income hike. 3) Green innovation and resource rent strongly reduce Spain's energy poverty. 4) Moreover, information globalization improves Spain's access to electricity. The findings of our study offer significant policy implications, particularly in the context of the attainment of resilience in energy use through the green revolution aimed at achieving SDGs 7 and 13. These insights can help shape strategies and initiatives to foster sustainable development and address the challenges related to energy security and environmental sustainability. Journal Article Energy Economics 145 108436 Elsevier BV 0140-9883 1873-6181 Energy poverty; Green energy transition, information globalization, green innovation; Multivariate QQR; Spain 1 5 2025 2025-05-01 10.1016/j.eneco.2025.108436 COLLEGE NANME Management School COLLEGE CODE CBAE Swansea University Not Required 2025-06-24T13:42:52.7224415 2025-04-04T10:23:46.1069396 Faculty of Humanities and Social Sciences School of Management - Business Management Muhammad Ramzan 1 Mohammad Razib Hossain 2 Hamid Eskandari 0000-0002-5515-9399 3 Ummara Razi 4 Tamewa S Adeboya 5 |
title |
Winding down Spain's looming energy poverty amid green energy transition: Evidence from novel multivariate quantile-on-quantile (M-QQR) regression |
spellingShingle |
Winding down Spain's looming energy poverty amid green energy transition: Evidence from novel multivariate quantile-on-quantile (M-QQR) regression Hamid Eskandari |
title_short |
Winding down Spain's looming energy poverty amid green energy transition: Evidence from novel multivariate quantile-on-quantile (M-QQR) regression |
title_full |
Winding down Spain's looming energy poverty amid green energy transition: Evidence from novel multivariate quantile-on-quantile (M-QQR) regression |
title_fullStr |
Winding down Spain's looming energy poverty amid green energy transition: Evidence from novel multivariate quantile-on-quantile (M-QQR) regression |
title_full_unstemmed |
Winding down Spain's looming energy poverty amid green energy transition: Evidence from novel multivariate quantile-on-quantile (M-QQR) regression |
title_sort |
Winding down Spain's looming energy poverty amid green energy transition: Evidence from novel multivariate quantile-on-quantile (M-QQR) regression |
author_id_str_mv |
d2a47b056b55373889a9d19d2924f634 |
author_id_fullname_str_mv |
d2a47b056b55373889a9d19d2924f634_***_Hamid Eskandari |
author |
Hamid Eskandari |
author2 |
Muhammad Ramzan Mohammad Razib Hossain Hamid Eskandari Ummara Razi Tamewa S Adeboya |
format |
Journal article |
container_title |
Energy Economics |
container_volume |
145 |
container_start_page |
108436 |
publishDate |
2025 |
institution |
Swansea University |
issn |
0140-9883 1873-6181 |
doi_str_mv |
10.1016/j.eneco.2025.108436 |
publisher |
Elsevier BV |
college_str |
Faculty of Humanities and Social Sciences |
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|
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facultyofhumanitiesandsocialsciences |
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Faculty of Humanities and Social Sciences |
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facultyofhumanitiesandsocialsciences |
hierarchy_parent_title |
Faculty of Humanities and Social Sciences |
department_str |
School of Management - Business Management{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Management - Business Management |
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description |
Universal access to energy is instrumental in the pursuit of sustainable development. However, energy security in the era of energy transition has become a massive challenge for energy stakeholders and policymakers. Prolonged winters and energy insecurity issues have forced residents in many European territories to depend more on pollution-intensive biomass energies (i.e., fuelwood), leading to a crackdown on establishing an ecological civilization. As such, we scrutinize how green energy transition (REN), information globalization (IGL), green innovation (GIN), and natural resources rent (RNT) help combat Spain's energy poverty. We use quarterly data from 1990-Q2 to 2021-Q4 and employ novel non-parametric multivariate quantile-on-quantile (M-QQR) and quantile-on-quantile Granger causality approaches. We note the following findings: 1) Renewable energy transition is instrumental in curbing Spain's hidden energy poverty. 2) As the real income falls, low-income residents' energy affordability gets compromised, while the opposite holds for an income hike. 3) Green innovation and resource rent strongly reduce Spain's energy poverty. 4) Moreover, information globalization improves Spain's access to electricity. The findings of our study offer significant policy implications, particularly in the context of the attainment of resilience in energy use through the green revolution aimed at achieving SDGs 7 and 13. These insights can help shape strategies and initiatives to foster sustainable development and address the challenges related to energy security and environmental sustainability. |
published_date |
2025-05-01T05:38:56Z |
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1836508655350972416 |
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11.380731 |