Determinants of the Energy Development Based on Renewable Energy Sources in Poland

Bednarczyk, Jan L.; Brzozowska-Rup, Katarzyna; Luściński, Sławomir

doi:10.3390/en14206762

Cited by 19 publications

(18 citation statements)

References 17 publications

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“…Electricity consumption is measured in megawatt hours (MWh) per capita. Bednarczyk et al ( 2021 ) emphasize that non-household electricity consumption has a negative influence on RE resources in gross final energy consumption. The increase in non-household electricity usage impacts on the decline in RE.…”

Section: Methodsmentioning

confidence: 99%

Which factors influence the decisions of renewable energy investors? Empirical evidence from OECD and BRICS countries

Kilinc‐Ata

Dolmatov

2022

Environ Sci Pollut Res

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The importance of using renewable energy (RE) sources has increased significantly in recent times, especially considering the growing concerns about climate change problems and rising fossil fuel prices, which pose a significant threat to the national economies. Therefore, empirical studies that can be used both domestically and internationally in harmony can be created in line with rising investments in RE. However, there has no more analysis of RE investments from the viewpoint of investors in the literature up to this point, and it is crucial to highlight the best investor practices when deploying RE. This research provides theoretical and empirical support for the factors influencing RE investments; used in this analysis are newly constructed panel data on 34 OECD countries and the 5 BRICS countries that range from 2000 to 2020. Specifically, the generalized moment method (GMM), robustness check, fixed and random effects models, panel unit testing, and other panel regression techniques were employed in the study to analyze the determinants of RE investment. The main findings of this paper suggest that economic growth, RE policy, and R&D expenditures all have a statistically significant and positive relationship with RE capacity. Furthermore, RE investment is inversely relative to energy use, electricity use, and carbon (CO 2 ) emissions. As a result, rigorous governmental or state regulation (policy, R&D) is essential for RE investment.

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Section: Methodsmentioning

confidence: 99%

Which factors influence the decisions of renewable energy investors? Empirical evidence from OECD and BRICS countries

Kilinc‐Ata

Dolmatov

2022

Environ Sci Pollut Res

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“…Some researchers have thus investigated energy issues from different angles. Studies for European countries have looked at issues including the effect of energy on economic growth (Pehlivanoglu et al , 2021; Can and Korkmaz, 2019), the effect of energy on environmental degradation (Gyamfi et al , 2021), determinants of renewable energy development (Bednarczyk et al , 2021; Serowaniec, 2021), renewable energy and economic growth (Can and Korkmaz, 2019) and determinants of energy consumption (Sardianou, 2007; Bass, 2018). While the above studies are helpful toward the attainment of a cleaner environment, studies to unravel the drivers of energy intensity are now gaining attention in the region and elsewhere compared to the other areas of research.…”

Section: Brief Literature Reviewmentioning

confidence: 99%

Energy intensity among European Union countries: the role of renewable energy, income and trade

Gyamfi

Kwakwa²,

Adebayo³

2022

IJESM

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Purpose The International Energy Agency states that the global energy intensity must reduce by 2.9% yearly before attaining Sustainable Development Goal 7.3 by 2030. However, the European Union (EU) seeking to attain a climate-neutral EU by 2050 shall require a substantial rate of reducing energy intensity. Consequently, this study aims to investigate how (clean) renewable energy, income, trade openness, technological innovation and nonrenewable energy consumption impact energy intensity for the EU countries. Design/methodology/approach The quantile regression, augmented mean group and causality techniques were used for analyses. Panel data for 26 EU nations over the 1990 and 2019 period was used. Findings The empirical evidence indicates that the variables have long-run equilibrium relationships. However, the analysis revealed that clean energy and income reduce energy intensity whiles trade, technological innovation and nonrenewable energy consumption increase energy intensity. An interactive term analysis shows that renewable energy and trade interact to reduce further, the negative effect of income on energy intensity. Causality results revealed a feedback connection between energy intensity and clean energy, income, trade liberalization as well as the interaction between income and trade liberalization. A one-way causality was obtained between energy intensity and technological innovation, nonrenewable energy consumption and the interaction between clean energy and income. Practical implications The results imply that EU countries stand to gain if more resources are committed to encouraging the production and consumption of cleaner/renewable energy. Advancement in policies that support renewable energy and facilitate green growth will help reduce energy intensity for the region. Trade policies that promote lower energy consumption should be strengthened. Originality/value The effect of renewable energy on energy intensity is assessed. The moderating impact of renewable energy and trade openness on the income–energy intensity relationship for the EU countries is examined. Moreover, this study uses the quantile estimation technique to assess the nonlinear effect of the explanatory variables on energy intensity.

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“…The key element is the communication process, which is the basis for creating knowledge management. The basis of efficient and effective communication is trust [30,31].…”

Section: Literature Reviewmentioning

confidence: 99%

Trust in Renewable Energy as Part of Energy-Saving Knowledge

et al. 2022

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Managing the consumer’s knowledge is a factor that is difficult to measure and not easy to achieve, but it is the basis for building trust in energy sources, including alternative ones. Social and ecological attitudes, as well as the economic situation, force consumers to acquire knowledge and shape their views and knowledge about household energy management. The aim of this article was to analyze the level of knowledge of household managers and determine the level of trust in alternative energy sources. To achieve this goal, previous research and reports were analyzed, and a proprietary quantitative and qualitative research was carried out. In connection with the conducted research, it was found that a very important factor is trust, influencing the perception of energy sources, and the knowledge gained allows for proper management of household energy, thus reducing costs. Research has shown that the trust of people managing energy in households is influenced by trust in renewable energy sources, which consists of knowledge, i.e., the level of social awareness and the willingness to acquire and expand one’s knowledge in this field. In all of the countries surveyed, the degree of trust is adequate, but it is directly proportional to the amount of knowledge and readiness to learn new things in this field.

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Determinants of the Energy Development Based on Renewable Energy Sources in Poland

Cited by 19 publications

References 17 publications

Which factors influence the decisions of renewable energy investors? Empirical evidence from OECD and BRICS countries

Which factors influence the decisions of renewable energy investors? Empirical evidence from OECD and BRICS countries

Energy intensity among European Union countries: the role of renewable energy, income and trade

Trust in Renewable Energy as Part of Energy-Saving Knowledge

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