Identifying the characteristics of public-private partnership projects on green energy in developing countries with different incomes
DOI:
https://doi.org/10.15587/1729-4061.2024.311836Keywords:
public-private partnership, green energy, economic profitability, developing countries, cluster analysis, technological profileAbstract
The object of the study is public-private partnership projects in green energy in developing countries. The problematics of the study is based on the intersection of the current problems of improving energy efficiency and environmental friendliness of energy innovations.
The problem of analyzing such projects was solved with the following results:
- The findings of the study indicate the importance of country income as a factor influencing investment in public-private partnership projects in green energy.
- The analysis indicates the importance of the country's income as a factor influencing the established technological structure of public-private partnership projects in the green energy sector.
- It is proved that energy efficiency significantly depends on the technological structure of public-private partnership projects in green energy.
The obtained results are explained by assuming the dependence of public-private partnership projects in green energy on the income level of the economy, based on Wallis one-way analysis of variance and cross-tabulation. Mann-Whitney U test was used to explain the dependence of energy efficiency on the technological structure of such projects.
The particularity of this study is the analysis of the technological structure of public-private partnership projects in green energy, taking into account the specifics of developing countries and the application of their clustering.
This research is of practical significance in the possibility of applying the results obtained by the authorities for the creation and implementation of public-private partnership projects in the field of green energy, as well as by energy companies implementing new technologies using water, wind and solar energy.
References
- Reports. United States. IEA. Available at: https://www.iea.org/analysis?country%5B0%5D=united-states
- Energy and Poverty: IEA Reveals a Vicious and Unsustainable circle. Available at: https://www.iea.org/news/energy-and-poverty-iea-reveals-a-vicious-and-unsustainable-circle
- Nursapina, K., Kuangaliyeva, T., Uryngaliyeva, A., Ibadildin, N., Serikbayev, S., Tulegenova, A., Kenzhin, Z. (2024). Mutual influence of energy efficiency and innovation activity in the industrial sector of the economy. Eastern-European Journal of Enterprise Technologies, 2 (13 (128)), 6–14. https://doi.org/10.15587/1729-4061.2024.299654
- The Paris Agreement. United Nations. Available at: https://www.un.org/en/climatechange/paris-agreement
- Here are three priorities to accelerate the decarbonization of industries. World Economic Forum. Available at: https://www.weforum.org/agenda/2022/05/three-priorities-to-accelerate-decarbonization-industry/
- Resolution adopted by the General Assembly on 6 July 2017. Work of the Statistical Commission pertaining to the 2030 Agenda for Sustainable Development (A/RES/71/313). United Nations. Available at: https://www.un.org/en/development/desa/population/migration/generalassembly/docs/globalcompact/A_RES_71_313.pdf
- Energy Efficiency 2023. IEA. Available at: https://www.iea.org/reports/energy-efficiency-2023
- Leibenstein, H. (1966). Allocative efficiency vs. X-efficiency. The American economic review, 56, 392–415. Available at: https://www.scirp.org/reference/ReferencesPapers?ReferenceID=1420604
- Pinilla‐De La Cruz, G. A., Rabetino, R., Kantola, J. (2022). Unveiling the shades of partnerships for the energy transition and sustainable development: Connecting public-private partnerships and emerging hybrid schemes. Sustainable Development, 30 (5), 1370–1386. https://doi.org/10.1002/sd.2288
- Mazher, K. M., Chan, A. P. C., Choudhry, R. M., Zahoor, H., Edwards, D. J., Ghaithan, A. M. et al. (2022). Identifying Measures of Effective Risk Management for Public-Private Partnership Infrastructure Projects in Developing Countries. Sustainability, 14 (21), 14149. https://doi.org/10.3390/su142114149
- Engel, E., Fischer, R., Galetovic, A. (2020). When and How to Use Public-Private Partnerships in Infrastructure: Lessons From the International Experience. National Bureau of Economic Research. https://doi.org/10.3386/w26766
- Koval, V., Sribna, Y., Kaczmarzewski, S., Shapovalova, A., Stupnytskyi, V. (2021). Regulatory policy of renewable energy sources in the European national economies. Polityka Energetyczna – Energy Policy Journal, 24 (3), 61–78. https://doi.org/10.33223/epj/141990
- Shakulikova, G. T., Akhmetov, S. M. (2021). The role of the "green economy" in the sustainable development of ecological and economic systems of Kazakhstan. Нефть и газ, 6 (126), 13–37. https://doi.org/10.37878/2708-0080/2021-6.01
- Möst, D., Schreiber, S., Herbst, A., Jakob, M., Martino, A., Poganietz, W.-R. (Eds.) (2021). The Future European Energy System. Springer International Publishing. https://doi.org/10.1007/978-3-030-60914-6
- Gervasoni, A., Lertora, M., Pascarelli, G. (2022). PPP & Private capital for sustainable infrastructure and smart cities. Milano: Guerini Next, 198. Available at: http://digital.casalini.it/9788868964665
- Fleta‐Asín, J., Muñoz, F. (2021). Renewable energy public-private partnerships in developing countries: Determinants of private investment. Sustainable Development, 29 (4), 653–670. https://doi.org/10.1002/sd.2165
- Carbonara, N., Pellegrino, R. (2018). Public-private partnerships for energy efficiency projects: A win-win model to choose the energy performance contracting structure. Journal of Cleaner Production, 170, 1064–1075. https://doi.org/10.1016/j.jclepro.2017.09.151
- Mohamadi, F. (2021). Introduction to Project Finance in Renewable Energy Infrastructure. Springer International Publishing. https://doi.org/10.1007/978-3-030-68740-3
- Chupryna, I., Tormosov, R., Abzhanova, D., Ryzhakov, D., Gonchar, V., Plys, N. (2022). Scientific and Methodological Approaches to Risk Management of Clean Energy Projects Implemented in Ukraine on the Terms of Public-Private Partnership. 2022 International Conference on Smart Information Systems and Technologies (SIST). https://doi.org/10.1109/sist54437.2022.9945809
- Bader, C. (2021). Crafting Public-private Partnerships in Emerging Countries: A Coevolution Perspective. Université de Lille. Available at: https://theses.hal.science/tel-03346726
- Othman, K., Khallaf, R. (2022). Identification of the Barriers and Key Success Factors for Renewable Energy Public-Private Partnership Projects: A Continental Analysis. Buildings, 12 (10), 1511. https://doi.org/10.3390/buildings12101511
- Martiniello, L., Morea, D., Paolone, F., Tiscini, R. (2020). Energy Performance Contracting and Public-Private Partnership: How to Share Risks and Balance Benefits. Energies, 13 (14), 3625. https://doi.org/10.3390/en13143625
- Private participation in infrastructure (PPI) Database. World Bank Group. Available at: https://ppi.worldbank.org/en/ppi
- Gudmundsson, F. A. P. (2022). Relationship between Energy Investment and Economic Growth. Multidimensional Strategic Outlook on Global Competitive Energy Economics and Finance, 41–53. https://doi.org/10.1108/978-1-80117-898-320221006
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Yerzhan Domalatov, Ardak Turginbayeva, Assel Apysheva, Ardakh Azimkhan, Karlygash Kamali, Tursynzada Kuangaliyeva, Zhaxat Kenzhin, Aizhamal Aidaraliyeva
This work is licensed under a Creative Commons Attribution 4.0 International License.
The consolidation and conditions for the transfer of copyright (identification of authorship) is carried out in the License Agreement. In particular, the authors reserve the right to the authorship of their manuscript and transfer the first publication of this work to the journal under the terms of the Creative Commons CC BY license. At the same time, they have the right to conclude on their own additional agreements concerning the non-exclusive distribution of the work in the form in which it was published by this journal, but provided that the link to the first publication of the article in this journal is preserved.
A license agreement is a document in which the author warrants that he/she owns all copyright for the work (manuscript, article, etc.).
The authors, signing the License Agreement with TECHNOLOGY CENTER PC, have all rights to the further use of their work, provided that they link to our edition in which the work was published.
According to the terms of the License Agreement, the Publisher TECHNOLOGY CENTER PC does not take away your copyrights and receives permission from the authors to use and dissemination of the publication through the world's scientific resources (own electronic resources, scientometric databases, repositories, libraries, etc.).
In the absence of a signed License Agreement or in the absence of this agreement of identifiers allowing to identify the identity of the author, the editors have no right to work with the manuscript.
It is important to remember that there is another type of agreement between authors and publishers – when copyright is transferred from the authors to the publisher. In this case, the authors lose ownership of their work and may not use it in any way.