Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24)

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Determinants of Electricity Consumption on The Green Economy Across Five ASEAN Countries: Singapore, Thailand, Malaysia, Vietnam, and Indonesia

Authors
Maulida Dewi Pangestika1, *, Fatata A’izza Rosyada2, Fafurida1, Fredericho Mego Sundoro1
1Faculty of Economics and Business, Semarang State University, Semarang, Indonesia
2Agro-Maritime Logistics, IPB University, Bogor, Indonesia
*Corresponding author. Email: maulidadewi@mail.unnes.ac.id
Corresponding Author
Maulida Dewi Pangestika
Available Online 4 October 2024.
DOI
10.2991/978-94-6463-522-5_39How to use a DOI?
Keywords
Renewable Electricity Consumption; Green Gross Domestic Bruto; Autoregressive Distributed Lag Model
Abstract

Electricity is a fundamental necessity that underpins all activities. This is evidenced by the rising trend in electricity consumption across various ASEAN countries, including Singapore, Thailand, Malaysia, Vietnam, and Indonesia. Renewable electricity is sourced from renewable natural resources and presents a viable alternative for sustaining electricity supply. This research analyzes the impact of renewable electricity consumption, gross domestic bruto, and foreign direct investment on carbon emissions. The analysis used in this research involves panel data regression analysis on the five ASEAN countries from 1990 to 2022. The research applies an Autoregressive Distributed Lag Model (ARDL) approach. The findings of this research offer crucial insights for policymakers and stakeholders, enabling them to utilize technological progress to achieve sustainable energy development. The research results show that GDP and electricity consumption have a significant influence in the long term, while electricity consumption also has a considerable impact in the short term.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24)
Series
Advances in Economics, Business and Management Research
Publication Date
4 October 2024
ISBN
978-94-6463-522-5
ISSN
2352-5428
DOI
10.2991/978-94-6463-522-5_39How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Maulida Dewi Pangestika
AU  - Fatata A’izza Rosyada
AU  - Fafurida
AU  - Fredericho Mego Sundoro
PY  - 2024
DA  - 2024/10/04
TI  - Determinants of Electricity Consumption on The Green Economy Across Five ASEAN Countries: Singapore, Thailand, Malaysia, Vietnam, and Indonesia
BT  - Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24)
PB  - Atlantis Press
SP  - 495
EP  - 504
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-522-5_39
DO  - 10.2991/978-94-6463-522-5_39
ID  - Pangestika2024
ER  -