Rethinking Regional Energy Policy Do Threats Matter in Supply and Generation Process?
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Description
The study investigates potential threats to energy security and sustainable electricity production
from a regional perspective, after identifying a host of factors that are likely to affect sustainable
energy production and supply using seemingly unrelated regression estimation, which produces
efficient estimates. Our results show that energy security which we described as the level of
diversification in regional specific energy generating sources is probably being affected by
regional specific level of industrialization and domestic energy consumption. Issues of over
dependence on specific sources of energy supply (particularly nuclear production sources) were
also found to have a negative effect on energy security and probably increase the risk of future
failure in energy supply. Energy policy was also found to have a significant effect on energy
security. The impacts of various constraints on electricity production were also considered. It
was found that many factors affect electricity output production in regions particularly
environmental factors that affect consumption and generation.
Keywords
HB Economic Theory