A KRLS-Based Incremental Analysis for Disaggregated Energy Security Risk Effect on Energy Transition in the USA

In light of recent developments in energy security and energy transition, this study examines the effects of disaggregated energy security risk (ESR) on the energy transition index (ETI). Economic ESR reduces ETI, while environmental ESR increases it. Geopolitical and reliability ESRs have no significant impact on ETI. Additionally, the marginal effects of these variables differ across percentiles. Therefore, the study uncovers both average and percentile-based variations in the marginal effects of ESR on ETI.