International Journal of Management Academy (Uluslararası Yönetim Akademisi Dergisi), cilt.6, sa.2, ss.357-375, 2023 (Hakemli Dergi)
The sector of renewable electricity generation in Asia region countries
was comprehensively analyzed. A comparative study has been conducted with bar
chart. A hierarchical clustering analysis was performed for the various renewable
electricity generation types using SPSS software. The countries were clustered
into 7 clusters based on the total renewable electricity generation. In
hydroelectricity sector Asia Region countries were clustered into six groups in
which India and Turkey are taking the lead. In Wind electricity sector four
clusters were found in which India and Turkey lead. Countries
were analyzed by dividing them into six clusters based on solar energy
production. India and Japan is isolated in the first cluster followed by
Turkey, while Arab Gulf countries were in the sixth cluster. In biomass
electricity sector five clusters were founds in which India and japan in the
first cluster. In geothermal electricity, Indonesia is isolated in the first. Four
clusters were obtained in the wave-tide electricity sector in which Japan, South
Korea and Turkey are isolated in the first cluster. Multiple Regression Model
was created to estimate the amount of carbon dioxide emissions in Asia Region
countries using the renewable electricity generation as an independent
variable. However, the value of the intercept and the hydroelectricity factor
were found 51.888 and 3.116 respectively. Moreover, a strong correlation between
the GDP and the hydro, solar, wind, and biomass electricity generation was
found.