Energy Economics

This study examines the role of energy consumption in regional economic growth across 1152 EU-27 NUTS-3 regions, distinguishing between renewable and fossil-based energy sources and explicitly accounting for spatial heterogeneity along the urban-rural continuum. We employ a flexible translog production function within a spatial econometric framework to capture nonlinearities, factor complementari…

Electricity forward contracts are key instruments for managing price volatility in liberalized power markets, where non-storability and real-time balancing create complex price dynamics. These contracts differ from traditional derivatives as they are defined over delivery periods, leading to overlapping maturities and interdependent forward curves. This structure, combined with low liquidity and …

Solar photovoltaic systems are central to the future of electricity production worldwide. However, their performance degrades with age. The rate of decline in real-world usage critically affects the financial viability and carbon mitigation potential of photovoltaic installations. Earlier studies are typically limited by small sample sizes or short observation periods, and limited treatment of a …

Rapid supply chain digitalization improves production efficiency in emerging economies, but also intensifies the environmental pressures. This study examines the impact of supply chain digitalization on the ecological footprint in the E-7 economies (China, India, Brazil, Mexico, Russia, Indonesia, and Türkiye) over the period 1994–2023. Employing second-generation panel estimators, specifically, …

Existing shipping environmental regulations largely omit the economic dimension which, in turn, delays the industry's clean energy transition. This paper investigates the efficiency of global shipping on economic foundations. We apply a stochastic frontier analysis to assess the interactions between capital, operation, earnings, and transport work, both across all major shipping segments and at a…