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Renewable Energy Investments in Poland: Goals, Socio-Economic Benefits, and Development Directions

Author

Listed:
  • Anna Dębicka

    (Faculty of Engineering Management, Poznan University of Technology, 2 J. Rychlewski Street, 60-965 Poznan, Poland)

  • Karolina Olejniczak

    (Faculty of Engineering Management, Poznan University of Technology, 2 J. Rychlewski Street, 60-965 Poznan, Poland)

  • Bartosz Radomski

    (Faculty of Environmental Engineering and Mechanical Engineering, Poznan University of Life Science, Wojska Polskiego 28, 60-637 Poznan, Poland)

  • Dariusz Kurz

    (Institute of Electrical Engineering and Electronics, Faculty of Automatic, Robotics and Electrical Engineering Poznan University of Technology, St. Piotrowo 3a, 60-965 Poznan, Poland)

  • Dawid Poddubiecki

    (Faculty of Engineering Management, Poznan University of Technology, 2 J. Rychlewski Street, 60-965 Poznan, Poland)

Abstract

Renewable energy sources (RES) will play a key role in the transition to clean energy. Financial and socio-economic benefits determine the investment management in these energy sources. This article aims to indicate current energy policy goals, present socio-economic benefits resulting from renewable energy investments, and review further development directions in Poland. The research was carried out using desk research, case studies, and literature review methods to provide a broader economic context for RES investments. The scope of the research included both the Polish and the European Union contexts. The authors examined the Polish objectives of investment in renewable energy contained in strategic, planning, and other legal documents compared to EU targets, reviewed possible investments in renewable energy, and indicated wind farms and photovoltaic investments as the most effective ones from the point of view of further development which aims to meet the EU’s goals by 2030. The authors also demonstrated a wide range of socio-economic benefits based on literature reviews, analysis of policy documents, and regulations regarding the energy sector, and examined a specific example of investment implementation and identified the ecosystem of beneficiaries and their benefits.

Suggested Citation

  • Anna Dębicka & Karolina Olejniczak & Bartosz Radomski & Dariusz Kurz & Dawid Poddubiecki, 2024. "Renewable Energy Investments in Poland: Goals, Socio-Economic Benefits, and Development Directions," Energies, MDPI, vol. 17(10), pages 1-20, May.
    • Handle: RePEc:gam:jeners:v:17:y:2024:i:10:p:2374-:d:1394853
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    References listed on IDEAS

    as
    1. Klepacka, Anna M., 2019. "Significance Of Renewable Energy Sources In Sustainable Development," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2019(1).
    2. Stanisław Jaworski & Mariola Chrzanowska & Monika Zielińska-Sitkiewicz & Robert Pietrzykowski & Aleksandra Jezierska-Thöle & Piotr Zielonka, 2023. "Evaluating the Progress of Renewable Energy Sources in Poland: A Multidimensional Analysis," Energies, MDPI, vol. 16(18), pages 1-21, September.
    3. Sylwester Robak & Robert Raczkowski & Michał Piekarz, 2023. "Development of the Wind Generation Sector and Its Effect on the Grid Operation—The Case of Poland," Energies, MDPI, vol. 16(19), pages 1-16, September.
    4. Bhowmik, Chiranjib & Bhowmik, Sumit & Ray, Amitava, 2018. "Social acceptance of green energy determinants using principal component analysis," Energy, Elsevier, vol. 160(C), pages 1030-1046.
    5. Piotr Zuk & Pawel Zuk, 2022. "Prosumers in Action: The Analysis of Social Determinants of Photovoltaic Development and Prosumer Strategies in Poland," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 294-306, July.
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