Abstract

This study investigates the influence of economic policy uncertainty andtrade openness on load capacity factor for fast growingcountries for time period of 1996-2019. The empirical outcomes verify the presence of the LCC hypothesisin fast growing economies. Results also show that economic policy uncertainty reduces environmental quality for lower quantiles, whereas renewable energy consumption is a useful tool for improving environmental quality. Moreover, the negative sign of the coefficient of trade openness demonstrates that the current pattern of trade is not providing the desired outcomes. Based on these empirical findings, we suggest a comprehensive policy framework to attain the targets of SDG 07 (renewable energy), SDG 08 (economic growth), and SDG 13 (climate action).

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