The Cost-Benefit Relations of the Future Environmental Related Developments Strategies in the Hungarian Energy Sector

Abstract

In the case of economic and social wealth, it is strategically essential to provide reliable energy sources which are available in long-term. Setting an energy network which suits the sustainable criteria might take a long time. Therefore, it is important to make decisions on the energy sector in advance. The Hungarian National Energy strategy elaborated on certain scenarios towards 2030, which describe the possible electricity generation opportunities up to 2020 and 2030. For 2020, there is already an accurate recommendation, but in case of the 2030 targets, there are several ways for innovation. Out of all, the realization of the “Nuclear-Carbon-Green” scenario seems most likely to be implemented. It implies the obvious involvement of nuclear energy potential development in the future strategies. Considering this trend, the present study divides the mentioned strategy into “Nuclear-Carbon” and “Nuclear-Green” scenarios to compare their long-term efficiency by economic means.

Cross-cultural validity of the Nature Relatedness Scale (NR-6) and links with wellbeing

“…The OECD report (2018) noted that institutional challenges hinder effective implementation of environmental laws and policies. Hungary aims to accelerate the transition towards a low-carbon and greener economy, greater emphasis on low carbon emissions from all sectors including heat production methods, the electrical sector and transportation (Fogarassy & Kovacs, 2016). By 2030 a "Nuclear-Carbon-Green" scenario seems likely to be implemented, which implies nuclear energy development.…”

Analysis of Circular Development and Investment Possibilities (Transport, Energy and Building) Related to International Sports Event Planning

“…However, the results of the benchmarking analysis show that there is a major potential in this development route. For this period, the increase of nuclear energy's share is forecasted [16].…”

How Relevant Are Non-Use Values and Perceptions in Economic Valuations? The Case of Hydropower Plants

“…In particular, in the case of environmental impacts of energy projects, there are benefits and costs that may impact the net worth of a project but are not directly valued in the market. When it comes to renewable energies sources (RES), there are not only environmental benefits, in particular the reduction of greenhouse gas (GHG) emissions, but also non-negligible negative impacts, which need to be considered [1][2][3]. The same happens with the psychological and social issues: if, on the one hand, hydropower, as a renewable source, benefits from wide acceptance by the general population, the same is not true among local residents whose well-being is clearly affected by the day-to-day operation of hydropower plants in the vicinity of their residences [4][5][6].…”