Scenario Modeling of Energy Policies for Sustainable Development

Аrtyukhova, Nadiia; Tiutiunyk, Inna; Bogacki, Sylwester; Wołowiec, Tomasz; Dluhopolskyi, Oleksandr; Kovalenko, Yevhen Volodymyrovych

doi:10.3390/en15207711

Cited by 17 publications

(9 citation statements)

References 60 publications

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“…Having said that, in the long-term perspective, the use of modern technologies and extensive diversification of fuel and energy supplies will significantly increase energy security, energy efficiency, and the competitiveness of the economy. It is important to initiate actions towards sustainable energy development gradually but systematically, making rational decisions that do not limit the possibility of achieving any of the mentioned goals [28].…”

Section: The Concept Of Sustainable Energy Developmentmentioning

confidence: 99%

Sustainable Energy Development and Sustainable Economic Development in EU Countries

Jędrzejczak-Gas,

Wyrwa,

Barska

2024

Energies

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Sustainable development is the subject of many economic analyses, but so far no attempt has been made to identify the main mechanism of interdependence between sustainable energy development and sustainable economic development in the second decade of the 21st century. The particular role of energy in achieving the Sustainable Development Goals is due to the fact that the production, supply and use of energy underpin economic growth. The article fills this research gap and spawns both a better understanding of the essence of sustainable development as well as practical conclusions. The aim is to assess sustainable energy development and sustainable economic development in EU member states and to determine the correlation between the two in the EU. Substantive and formal methods were used to select diagnostic variables, including: the parametric method, the standardized sums method, and correlation analysis. The analysis period covers the years 2014–2021. The conducted research demonstrated a significant variation in the level of sustainable energy development and sustainable economic development among EU countries.

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Section: The Concept Of Sustainable Energy Developmentmentioning

confidence: 99%

Sustainable Energy Development and Sustainable Economic Development in EU Countries

Jędrzejczak-Gas,

Wyrwa,

Barska

2024

Energies

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“…This is why issues related to greenhouse gases, renewable energy, and green investments have often become important research objects in recent years. Accordingly, scholars consider such issues in the context of the impact of global changes on economic and environmental security [9,10], energy security [11], and ensuring sustainable development [12][13][14]. Alongside this, the studied concepts occupy a leading place in the development of a new economic model called the "circular economy".…”

Section: Literature Reviewmentioning

confidence: 99%

Carbon Dioxide, Nitrous Oxide, and Methane: What Types of Greenhouse Gases Are Most Affected by Green Investments and Renewable Energy Development?

Kwilinski,

Dobrovolska,

Wołowiec

et al. 2024

Energies

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The article aims to analyze the impact of green investments and the development of renewable energy on greenhouse gas emissions based on 223 countries in 2011–2021. The information base is the International Renewable Energy Agency, Our World in Data, Climate Policy Initiative, and FTSE Russell. Correlation analysis was used to check the data multicollinearity, multivariate regression analysis with stepwise variable entry—to formalize functional relationships. All variables characterizing the dynamics of green investments and the development of alternative energy, the number of annual investments in off-grid renewable energy has the largest impact on the amount of CO2 and N2O. Thus, an annual investment increase of USD 1 million leads to a CO2 emission increase of 4.5 kt and an N2O emission increase of 0.272 kt. Simultaneously, the green economy’s market capitalization level has the largest impact on the amount of CH4. In this case, a capitalization increases of USD 1 trillion leads to a CH4 emission increase of 129.53 kt. The dynamics of renewable energy development have a statistically significant effect on only one of the three studied greenhouse gases—CO2 emissions. Here, 1 MW growth of an absolute increase in off-grid renewable energy capacity leads to a 1171.17 kt reduction of CO2 emissions. Checking input data for lags confirmed a time lag of one year between the level of green investments and the level of greenhouse gas emissions. That is, the impact of green investments on the level of greenhouse gas emissions is delayed by one year. The results of regression models taking into account lags confirmed that an increase in the level of green investments has a positive effect on reducing the level of greenhouse gas emissions (an increase in off-grid renewable energy annual investments of USD 1 million leads to a decrease in CO2 of 1.18 kt and N2O of 1.102 kt; the increase in green economy market capitalization of USD 1 trillion leads to a decrease in CH4 emissions of 0.64 kt).

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“…Hence, there are many definitions of investment attractiveness in the literature. The concept of the commune's potential investment attractiveness can also be understood as (Artyukhova, Tiutiunyk, Bogacki, Wołowiec, Dluhopolskyi,Kovalenko 2022):…”

Section: Introductionmentioning

confidence: 99%

Local development and entrepreneurship: legal, economic and managerial determinants. A multidisciplinary approach

Jastrzębski,

Pochodyła,

Bojaruniec

et al. 2024

JoMS

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ObjectivesEntrepreneurship is defined as a process in which not only business is a participant, but also local governments and social organizations (more broadly, the public and social sectors). In the management process, entrepreneurship is manifested, for example, by choosing the right strategy, creating flexible structures, promoting innovation, avoiding excessive administration and choosing the right forms of control.Material and methodsThe research methods used in the work are: comparative analysis, functional analysis, questionnaire, interviews with municipal managers through a direct conversation with the respondent, a dynamic research method and statistical methods of data analysis. The research was conducted using many quantitative and qualitative methods.ResultsThe commune management process is active and aims to create prospects for the development of these units. Therefore, this process should be based on a strategic approach understood as an orderly set of activities, from the identification and assessment of potential opportunities and threats to the environment and the determination of the strengths and weaknesses of a local government unit.ConclusionsThe basic unit of local government: 1. The commune's mission is to use the commune's resources and potential on the basis of sustainable development, in order to raise the standard of living of the inhabitants and effective management. 2. The mission of the commune is to provide people with jobs and income allowing for the necessary standard of living for the society. 3. The commune's mission is to use the commune's development potential to create conditions for the development of entrepreneurship and to constantly improve the living conditions of its inhabitants.

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Scenario Modeling of Energy Policies for Sustainable Development

Cited by 17 publications

References 60 publications

Sustainable Energy Development and Sustainable Economic Development in EU Countries

Sustainable Energy Development and Sustainable Economic Development in EU Countries

Carbon Dioxide, Nitrous Oxide, and Methane: What Types of Greenhouse Gases Are Most Affected by Green Investments and Renewable Energy Development?

Local development and entrepreneurship: legal, economic and managerial determinants. A multidisciplinary approach

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