Assessment of the conditions for the development of the photovoltaic investment in the countries of the Visegrad Group – Comparative study of the researched countries

Kułyk, Piotr; Michałowska, Mariola; Szudra, Paweł

doi:10.1016/j.egyr.2023.10.042

Cited by 3 publications

(1 citation statement)

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“…The common denominator of cooperation in this region was the post-communist history and the challenges of economic transformation. To this day, these relationships affect the socio-economic situation of the region and are identified in the literature on the subject in very different perspectives and contexts [16][17][18][19][20].…”

Section: Economic Interdependencies In the Visegrad Groupmentioning

confidence: 99%

Transformation of Energy Resources in the Visegrad Group: Strategies, Results, and Climate Effectiveness

Jonek-Kowalska,

Rupacz

2024

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The climate challenges posed by the European Union are particularly difficult for emerging and developing economies. This causes reluctance to undertake them and even denial of their validity. For this reason, this article seeks to answer the question of whether it is possible to carry out an effective transformation of energy resources in the developing economies of the Visegrad Group. Analyses in this area are conducted in a long-term, 58-year research perspective (1965–2022) and concern the Czech Republic, Hungary, Poland, and Slovakia. The effectiveness of the examined transformation is assessed in two dimensions as follows: (1) resource and (2) emission, which are then synthesized using a multi-criteria analysis. This research shows that an effective resource transformation aimed at a zero-emission economy is possible even in emerging and developing economies, although it undoubtedly requires time and consistency in the implementation of the once-chosen energy policy. Hungary—a leader in assessed climate effectiveness—has systematically decarbonized while reducing the use of total non-renewable resources. The Hungarian resource transition strategy assumed the use of nuclear energy and an increase in the share of renewable resources. The result of these activities is a quite diversified energy mix, which is greater resource self-sufficiency and low carbon dioxide emissions. The Czech Republic also achieved a similar strategy and results. Poland and Slovakia coped much worse with the climate challenge: although they gave up coal, they replaced it largely with other non-renewable resources. It is worth emphasizing that Poland has managed to significantly increase the use of renewable resources, and nuclear energy and hydropower have also appeared in the Slovak mix. Nevertheless, this did not allow for achieving good climatic results.

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