Browsing by Author "Junqueira, Thibaut Manuel dos Santos"
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- European Energy Transition: An analysis on the dynamics of electricity sources in the European nuclear power-producing countriesPublication . Junqueira, Thibaut Manuel dos Santos; Marques, António Manuel CardosoThe quest for safe energy in the EU is inspiring a zero-nuclear power policy and a move towards renewable sources. Nuclear power eradication is being taken prudently so as not create negative externalities, even though not all countries are available for such an advance. The transition towards carbon-free electrification is analysed through the interactions between the electricity sources, the Harmonised Index of Consumer Prices and carbon dioxide emissions in European nuclear power producing countries (European Union members states and Switzerland), based on monthly data, from January 2014 to December 2018. An Autoregressive Distributed Lag model was executed using the Driscoll and Kraay estimator with fixed effects, enabling the long-run and short-run impacts to be reported. The results affirm that CO2 continues to be emitted by the electricity system, albeit the substitution effect from renewable sources to fossil fuels. The key findings are that nuclear energy can be useful to accommodate renewable electricity into the system, and supportive fossil generation for renewable sources leads to a higher prices for consumers.