IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v15y2022i2p669-d726918.html
   My bibliography  Save this article

Analysis and Evaluation of the Photovoltaic Market in Poland and the Baltic States

Author

Listed:
  • Ewa Chomać-Pierzecka

    (Faculty of Economics, Jacob of Paradies Academy in Gorzów Wielkopolski, 66-400 Gorzów Wielkopolski, Poland)

  • Andrzej Kokiel

    (Faculty of Economics, The WSB University in Poznan, 61-895 Poznan, Poland)

  • Joanna Rogozińska-Mitrut

    (Faculty of Economics, Jacob of Paradies Academy in Gorzów Wielkopolski, 66-400 Gorzów Wielkopolski, Poland)

  • Anna Sobczak

    (Faculty of Economics, Jacob of Paradies Academy in Gorzów Wielkopolski, 66-400 Gorzów Wielkopolski, Poland)

  • Dariusz Soboń

    (Faculty of Economics, Jacob of Paradies Academy in Gorzów Wielkopolski, 66-400 Gorzów Wielkopolski, Poland)

  • Jacek Stasiak

    (Non-Public Health Care Centre Interschool Department of Rehabilitation and Correction Science and Research Center, 95-070 Aleksandrów Łódzki, Poland)

Abstract

The household, industrial, and service sectors in Poland and the Baltic States have been facing ever-higher bills for their electricity consumption at a time when a number of them have been hit hard financially by the pandemic. Rising inflation, the border crisis—with its set of restrictions, or the spread of the fourth wave of the COVID-19 coronavirus pandemic, is causing strong concerns in the social and economic sphere, with significant increases in electricity prices. Many countries are implementing measures to reduce the adverse effects of rising electricity prices in response to this complex situation. The main orientation is towards obtaining energy from renewable sources, such as the sun. The current situation in the energy market determines the price per 1 KW. Among the countries under study, the price of electricity has increased the most in Poland. On the other hand, the development of the photovoltaic segment in Poland is undergoing a strong, upward trend. The above inspired the authors to explore the energy market situation in Poland and the Baltic States in the current economic conditions, along with an analysis of its development potential in light of the coronavirus pandemic. The main research problem of this study is an attempt to answer the question of what should be changed in the development of the renewable energy market in Poland, with particular emphasis on photovoltaics, to accelerate the process of reducing CO 2 emissions, leading to a reduction in dramatically rising electricity prices. Which solutions implemented in the Baltic countries can inspire strengthening Poland’s energy market development?

Suggested Citation

  • Ewa Chomać-Pierzecka & Andrzej Kokiel & Joanna Rogozińska-Mitrut & Anna Sobczak & Dariusz Soboń & Jacek Stasiak, 2022. "Analysis and Evaluation of the Photovoltaic Market in Poland and the Baltic States," Energies, MDPI, vol. 15(2), pages 1-16, January.
  • Handle: RePEc:gam:jeners:v:15:y:2022:i:2:p:669-:d:726918
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/15/2/669/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1996-1073/15/2/669/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Amri, Fethi, 2017. "Intercourse across economic growth, trade and renewable energy consumption in developing and developed countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 69(C), pages 527-534.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ewa Chomać-Pierzecka & Anna Sobczak & Dariusz Soboń, 2022. "Wind Energy Market in Poland in the Background of the Baltic Sea Bordering Countries in the Era of the COVID-19 Pandemic," Energies, MDPI, vol. 15(7), pages 1-21, March.
    2. Seyed Ali Kashani & Alireza Soleimani & Ali Khosravi & Mojtaba Mirsalim, 2022. "State-of-the-Art Research on Wireless Charging of Electric Vehicles Using Solar Energy," Energies, MDPI, vol. 16(1), pages 1-27, December.
    3. Albiona Pestisha & Zoltán Gabnai & Aidana Chalgynbayeva & Péter Lengyel & Attila Bai, 2023. "On-Farm Renewable Energy Systems: A Systematic Review," Energies, MDPI, vol. 16(2), pages 1-25, January.
    4. Sławomir Skiba & Marianna Maruszczak, 2022. "The Impact of the COVID-19 Pandemic on the Decision to Use Solar Energy and Install Photovoltaic Panels in Households in the Years 2019–2021 within the Area of a Selected Polish Municipality," Energies, MDPI, vol. 15(19), pages 1-14, October.
    5. Paulius Kozlovas & Saulius Gudzius & Jokubas Ciurlionis & Audrius Jonaitis & Inga Konstantinaviciute & Viktorija Bobinaite, 2023. "Assessment of Technical and Economic Potential of Urban Rooftop Solar Photovoltaic Systems in Lithuania," Energies, MDPI, vol. 16(14), pages 1-29, July.
    6. Anna Sobczak & Ewa Chomać-Pierzecka & Andrzej Kokiel & Monika Różycka & Jacek Stasiak & Dariusz Soboń, 2022. "Economic Conditions of Using Biodegradable Waste for Biogas Production, Using the Example of Poland and Germany," Energies, MDPI, vol. 15(14), pages 1-18, July.
    7. Bożena Gajdzik & Magdalena Jaciow & Radosław Wolniak & Robert Wolny & Wieslaw Wes Grebski, 2023. "Energy Behaviors of Prosumers in Example of Polish Households," Energies, MDPI, vol. 16(7), pages 1-26, March.
    8. Ewa Chomać-Pierzecka & Anna Sobczak & Dariusz Soboń, 2022. "The Potential and Development of the Geothermal Energy Market in Poland and the Baltic States—Selected Aspects," Energies, MDPI, vol. 15(11), pages 1-20, June.
    9. Ewa Chomać-Pierzecka & Andrzej Kokiel & Joanna Rogozińska-Mitrut & Anna Sobczak & Dariusz Soboń & Jacek Stasiak, 2022. "Hydropower in the Energy Market in Poland and the Baltic States in the Light of the Challenges of Sustainable Development-An Overview of the Current State and Development Potential," Energies, MDPI, vol. 15(19), pages 1-19, October.
    10. Xin Zhao & Yanqi Chen & Gang Xu & Heng Chen, 2022. "Economic Assessment of Operation Strategies on Park-Level Integrated Energy System Coupled with Biogas: A Case Study in a Sewage Treatment Plant," Energies, MDPI, vol. 16(1), pages 1-21, December.
    11. Ewa Chomać-Pierzecka & Joanna Rogozińska-Mitrut & Monika Różycka & Dariusz Soboń & Jacek Stasiak, 2023. "Energy Innovation for Individual Consumers in Poland—Analysis of Potential and Evaluation of Practical Applications in Selected Areas," Energies, MDPI, vol. 16(15), pages 1-21, August.
    12. Megan Belongeay & Gabriela Shirkey & Marina Monteiro Lunardi & Gonzalo Rodriguez-Garcia & Parikhit Sinha & Richard Corkish & Rodney A. Stewart & Annick Anctil & Jiquan Chen & Ilke Celik, 2023. "Photovoltaic Systems through the Lens of Material-Energy-Water Nexus," Energies, MDPI, vol. 16(7), pages 1-12, March.
    13. Uzziah Mutumbi & Gladman Thondhlana & Sheunesu Ruwanza, 2022. "The Status of Household Electricity Use Behaviour Research in South Africa between 2000 and 2022," Energies, MDPI, vol. 15(23), pages 1-14, November.
    14. Antonio Venancio M. L. Filho & Andrea S. M. Vasconcelos & Washington de A. S. Junior & Nicolau K. L. Dantas & Ayrlw Maynyson C. Arcanjo & Amanda C. M. Souza & Amanda L. Fernandes & Kaihang Zhang & Kun, 2023. "Impact Analysis and Energy Quality of Photovoltaic, Electric Vehicle and BESS Lead-Carbon Recharge Station in Brazil," Energies, MDPI, vol. 16(5), pages 1-18, March.
    15. Ewa Chomać-Pierzecka, 2023. "Pharmaceutical Companies in the Light of the Idea of Sustainable Development—An Analysis of Selected Aspects of Sustainable Management," Sustainability, MDPI, vol. 15(11), pages 1-23, May.
    16. Elzbieta Rynska, 2022. "Review of PV Solar Energy Development 2011–2021 in Central European Countries," Energies, MDPI, vol. 15(21), pages 1-18, November.
    17. Shoaib Nazir & Asjad Ali & Abdullah Aftab & Hafiz Abdul Muqeet & Sohrab Mirsaeidi & Jian-Min Zhang, 2023. "Techno-Economic and Environmental Perspectives of Solar Cell Technologies: A Comprehensive Review," Energies, MDPI, vol. 16(13), pages 1-31, June.
    18. Jānis Krūmiņš & Māris Kļaviņš, 2022. "The Baltic States’ Move toward a Sustainable Energy Future," Energies, MDPI, vol. 15(21), pages 1-31, November.
    19. Djamila Rekioua & Toufik Rekioua & Ahmed Elsanabary & Saad Mekhilef, 2023. "Power Management Control of an Autonomous Photovoltaic/Wind Turbine/Battery System," Energies, MDPI, vol. 16(5), pages 1-24, February.
    20. Syed Muhammad Mohsin & Tahir Maqsood & Sajjad Ahmed Madani, 2022. "Solar and Wind Energy Forecasting for Green and Intelligent Migration of Traditional Energy Sources," Sustainability, MDPI, vol. 14(23), pages 1-20, December.
    21. Ewa Chomać-Pierzecka & Hubert Gąsiński & Joanna Rogozińska-Mitrut & Dariusz Soboń & Sebastian Zupok, 2023. "Review of Selected Aspects of Wind Energy Market Development in Poland and Lithuania in the Face of Current Challenges," Energies, MDPI, vol. 16(1), pages 1-17, January.
    22. Piotr Bórawski & Aneta Bełdycka-Bórawska & Lisa Holden & Tomasz Rokicki, 2022. "The Role of Renewable Energy Sources in Electricity Production in Poland and the Background of Energy Policy of the European Union at the Beginning of the COVID-19 Crisis," Energies, MDPI, vol. 15(22), pages 1-17, November.
    23. Busayo Victor Osuntuyi & Hooi Hooi Lean, 2023. "Moderating Impacts of Education Levels in the Energy–Growth–Environment Nexus," Sustainability, MDPI, vol. 15(3), pages 1-18, February.
    24. Ewa Chomać-Pierzecka & Anna Sobczak & Edward Urbańczyk, 2022. "RES Market Development and Public Awareness of the Economic and Environmental Dimension of the Energy Transformation in Poland and Lithuania," Energies, MDPI, vol. 15(15), pages 1-18, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Xu, Bin & Lin, Boqiang, 2018. "Do we really understand the development of China's new energy industry?," Energy Economics, Elsevier, vol. 74(C), pages 733-745.
    2. Arminen, Heli & Menegaki, Angeliki N., 2019. "Corruption, climate and the energy-environment-growth nexus," Energy Economics, Elsevier, vol. 80(C), pages 621-634.
    3. Akan, Taner & Gündüz, Halil İbrahim & Emirmahmutoğlu, Furkan & Işık, Ali Haydar, 2023. "Disaggregating renewable energy-growth nexus: W-ARDL and W-Toda-Yamamoto approaches," Renewable and Sustainable Energy Reviews, Elsevier, vol. 188(C).
    4. Rath, Badri Narayan & Akram, Vaseem & Bal, Debi Prasad & Mahalik, Mantu Kumar, 2019. "Do fossil fuel and renewable energy consumption affect total factor productivity growth? Evidence from cross-country data with policy insights," Energy Policy, Elsevier, vol. 127(C), pages 186-199.
    5. Vo, Duc Hong & Vo, Anh The & Ho, Chi Minh & Nguyen, Ha Minh, 2020. "The role of renewable energy, alternative and nuclear energy in mitigating carbon emissions in the CPTPP countries," Renewable Energy, Elsevier, vol. 161(C), pages 278-292.
    6. Lin, Boqiang & Xu, Bin, 2018. "How to promote the growth of new energy industry at different stages?," Energy Policy, Elsevier, vol. 118(C), pages 390-403.
    7. Amri, Fethi & Zaied, Younes Ben & Lahouel, Bechir Ben, 2019. "ICT, total factor productivity, and carbon dioxide emissions in Tunisia," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 212-217.
    8. Benkraiem, Ramzi & Lahiani, Amine & Miloudi, Anthony & Shahbaz, Muhammad, 2019. "The asymmetric role of shadow economy in the energy-growth nexus in Bolivia," Energy Policy, Elsevier, vol. 125(C), pages 405-417.
    9. Napolitano, Oreste & Foresti, Pasquale & Kounetas, Konstantinos & Spagnolo, Nicola, 2023. "The impact of energy, renewable and CO2 emissions efficiency on countries’ productivity," Energy Economics, Elsevier, vol. 125(C).
    10. Mohsen Khezri & Mohammad Sharif Karimi & Jamal Mamkhezri & Reza Ghazal & Larry Blank, 2022. "Assessing the Impact of Selected Determinants on Renewable Energy Sources in the Electricity Mix: The Case of ASEAN Countries," Energies, MDPI, vol. 15(13), pages 1-15, June.
    11. Ewa Chomać-Pierzecka & Hubert Gąsiński & Joanna Rogozińska-Mitrut & Dariusz Soboń & Sebastian Zupok, 2023. "Review of Selected Aspects of Wind Energy Market Development in Poland and Lithuania in the Face of Current Challenges," Energies, MDPI, vol. 16(1), pages 1-17, January.
    12. Hlalefang Khobai & Nwabisa Kolisi & Clement Moyo & Izunna Anyikwa & Siyasanga Dingela, 2020. "Renewable Energy Consumption and Unemployment in South Africa," International Journal of Energy Economics and Policy, Econjournals, vol. 10(2), pages 170-178.
    13. Amri, Fethi, 2019. "Renewable and non-renewable categories of energy consumption and trade: Do the development degree and the industrialization degree matter?," Energy, Elsevier, vol. 173(C), pages 374-383.
    14. Cristiana Tudor & Robert Sova, 2021. "On the Impact of GDP per Capita, Carbon Intensity and Innovation for Renewable Energy Consumption: Worldwide Evidence," Energies, MDPI, vol. 14(19), pages 1-25, October.
    15. Liton Chandra Voumik & Md. Azharul Islam & Samrat Ray & Nora Yusma Mohamed Yusop & Abdul Rahim Ridzuan, 2023. "CO 2 Emissions from Renewable and Non-Renewable Electricity Generation Sources in the G7 Countries: Static and Dynamic Panel Assessment," Energies, MDPI, vol. 16(3), pages 1-14, January.
    16. Qiucheng Li & Jacob Cherian & Malik Shahzad Shabbir & Muhammad Safdar Sial & Jing Li & Ioana Mester & Alina Badulescu, 2021. "Exploring the Relationship between Renewable Energy Sources and Economic Growth. The Case of SAARC Countries," Energies, MDPI, vol. 14(3), pages 1-14, January.
    17. Sachan, Anshita & Sahu, Udit Kumar & Pradhan, Ashis Kumar & Thomas, Ronny, 2023. "Examining the drivers of renewable energy consumption: Evidence from BRICS nations," Renewable Energy, Elsevier, vol. 202(C), pages 1402-1411.
    18. Vural, Gulfer, 2020. "Renewable and non-renewable energy-growth nexus: A panel data application for the selected Sub-Saharan African countries," Resources Policy, Elsevier, vol. 65(C).
    19. Hlalefang Khobai & Pierre Le Roux, 2018. "Does Renewable Energy Consumption Drive Economic Growth: Evidence from Granger-Causality Technique," International Journal of Energy Economics and Policy, Econjournals, vol. 8(2), pages 205-212.
    20. Amri, Fethi, 2017. "The relationship amongst energy consumption (renewable and non-renewable), and GDP in Algeria," Renewable and Sustainable Energy Reviews, Elsevier, vol. 76(C), pages 62-71.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:15:y:2022:i:2:p:669-:d:726918. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.