From Model to Reality: An Extended Examination of the Dynamics of the Energy Trilemma Scores in Post-Pandemic Energy Consumption, Economic Growth and Emission Reduction Shifts in the ASEAN
Document Type
Conference Proceeding
Publication Date
2023
Abstract
This study aims to build upon the authors’ previous work investigating the complex connection relating energy consumption, emission reduction, and economic development. Specifically, it focuses on the Association of Southeast Asian Nations (ASEAN) within the context of post-pandemic economic recovery. The methodology includes implementation of regression modelling using the MATLAB Regression Learner program that utilizes World Energy Council (WEC) Trilemma ratings as input predictors. A range of regression models are utilized and undergo thorough assessment using established metrics, such as Mean Absolute Error (MAE), R-squared Coefficient of Determination, Root Mean Squared Error (RMSE), and Mean Squared Error (MSE). Additionally, practical metrics such as prediction time and training time are considered. Through a comparative analysis of the results achieved by the 2023 model in relation to its predecessor, an evaluation is conducted to determine the suitability of previous model. This assessment leads to the identification of relevant policy implications that may contribute to sustainable energy trajectory of the region. This academic pursuit hopes to enhance the scientific dialogue by integrating empirical research results with policy imperatives, in order to promote the development of ecologically sustainable and economically resilient energy frameworks in the ASEAN region. Based on the results, the key discovery of this study pertains to the ever-changing nature of energy dynamics and the significance of flexible modelling in influencing regional energy strategies. Hence, it is essential for policymakers to remain agile to the ever-changing factors that impact environmental sustainability, energy security and energy equity.
Recommended Citation
K. H. A. Recto, R. P. C. Gamara and R. Q. Neyra, "From Model to Reality: An Extended Examination of the Dynamics of the Energy Trilemma Scores in Post-Pandemic Energy Consumption, Economic Growth and Emission Reduction Shifts in the ASEAN," 2023 IEEE 15th International Conference on Humanoid, Nanotechnology, Information Technology, Communication and Control, Environment, and Management (HNICEM), Coron, Palawan, Philippines, 2023, pp. 1-6, doi: 10.1109/HNICEM60674.2023.10589039.
