Could financial development eliminate energy poverty through renewable energy in Poland?

Institutional quality and renewable energy transition: Empirical evidence from Poland

“…To illustrate, Poland has made substantial investments in wind power, leading to wind energy's emergence as the primary renewable energy source in the nation (Makrygiorgou and Alexandridis, 2017). Moreover, our findings are in alignment with research outputs from various studies by Sadorsky (2009) for G7 countries, Apergis and Payne (2014) in the case Central, Omri and Nguyen (2014) for high and middle-income countries, Nguyen and Kakinaka (2019) for High-income countries (include Poland), Mukhtarov et al (2020) examining the Azerbaijani context, Karacan et al (2021) investigating Russian cases, Mukhtarov et al (2021) analyzing Kazakhstan, Rahman and, Sultana (2022) for 19 emerging countries (include Poland), and Mukhtarov et al (2022b) for Turkey, Wang et al (2022) for 32 OECD countries, and Mukhtarov and Mikayilov (2023) for Poland, all of which identify a significant and positive relationship.…”

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“…Это может привести к использованию традиционных источников энергии, способным обеспечить более оперативное энергоснабжение. Однако недавнее исследование Mukhtarov и Mikayilov (Mukhtarov, Mikayilov, 2023) показало, что экономический рост благоприятствует развитию сектора возобновляемых источников энергии и помогает сократить энергетическую бедность при наличии финансирования. Более того, экономический рост иногда может привести к принятию политических решений, в которых экономическое развитие ставится на первое место по сравнению с экологическими проблемами.…”

How Do Remittances Influence the Mitigation of Energy Poverty in Latin America? An Empirical Analysis Using a Panel Data Approach

“…So they attribute energy poverty to low levels of financial development. Some studies support the fact that financial development is an important mechanism to mitigate poverty in general terms (Appiah-Otoo et al 2022) and thus energy poverty (Dong et al 2022;Mukhtarov and Mikayilov 2023). According to Rewilak (2017), further financial deepening, enabling marginalized sectors to access financial instruments, is listed as the most important category of financial development to alleviate poverty.…”