Publication Date: 2022/11/26
Abstract: Human activities to achieve stable economic growth has contributed substantially to global warming and pollution because of emission of carbon dioxide and other heat trapping gases. I studied the Germany Electricity market, Renewables share in total Electricity production, carbon emissions from 1985 to 2020. And for the empirically analysis, I used datasets from ESTAT and Federal Ministry for Economic affairs and Energy (BMWi) Germany and checked the impact of fossil fuel prices on electricity share coming from renewables. Which showed insignificant results with fossil fuels price and showed significant relationship with carbon emissions and global rising temperatures. Which shows there doesn’t exist a relationship with prices but does with global warming and carbon emissions.
Keywords: Renewables, Global warming, Fossil fuels, Electricity production.
DOI: https://doi.org/10.5281/zenodo.7365086
PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT22OCT573_(1)_(1).pdf
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