An equilibrium economic model for policy evaluation related to electricity generation at national and individual state level in U.S has been developed. The model takes into account the nonrenewable and renewable energy sources, demand and supply factors and environmental constraints (CO2...

Among the most fundamental features to ensure the success of a new technology introduction is citizen acceptance. Based on a unified model, called the Unified Theory of Adoption and Use of Technology (UTAUT), this paper provides new insights into predicting adoption and identifying of the...

In policy domain, economics is concerned with decision about the best alternative for undertaking public and private initiatives. Economic decision is a complex issue since many explicit and implicit economic factors affect the available economic alternatives. This is particularly difficult when...

It can be said that the global crisis in the world in 2008 deeply affected all states and changed almost all balances. Such crises experienced in the world during this period and possible same crises in the future are important. However, such crises have monetary solutions although they have...

This paper provides an information technology perspective of energy that can help explain and promote more environmentally friendly energy sources. Following the equation energy equals mass times velocity squared (E = m * v2), a source 10 times more massive will produce 10 times more energy, but...

Energy is an important catalyst for development. Malaysia is very fortunate to be endowed with oil reserves. However, these reserves are finite and not renewable. Being cognizant of this, the Malaysian government had implemented various energy policies and strategies to manage and safeguard its...

While electricity from fossil fuels is among a major source of greenhouse gases and global warming, it is also a key resource in the industrial sector geared towards exports and economic growth. This study attempts to examine the export-GDP nexus and electricity-GDP nexus in addition to a...

Efficient and well-developed power sector enables growth and boost of the economy, competitiveness of the national economy, affects the improvement of living standard of the population and development of society. In this respect, the basic task of the power sector is to ensure quality delivery...

Current energy policy of Turkey is to increase the renewable energy share in total energy and to maximize benefit from existing potential until next 15 years. It was planed that the share of renewable energy resources in electricity production would be at least 30% by 2023 and government ensured...

One of the fundamental tasks of modern power system is finding ways to produce stable and continuous electricity from scarce energy resources. One of the possible solutions is introduction, implementation and improvement of alternative forms of energy such as renewable energy sources,...