Assessing the role of renewable-based energy innovation, economic growth, and political risk in shaping Japan's load capacity factor: A wavelet-based quantile analysis

Key Points

• Japan's load capacity factor is significantly influenced by renewable energy innovation and economic growth.
• The analysis shows a strong correlation between political risk and load capacity factors across different economic scenarios.
• Utilizing wavelet-based quantile analysis, the approach assesses variability in energy performance over time.
• Findings emphasize the need for stable political frameworks to enhance Japan's energy sustainability and economic resilience.