Energy Transformation in Municipal Areas—Key Datasets and Their Influence on Process Evaluation

Mantas Svazas, Yuriy Bilan (), Valentinas Navickas and Małgorzata Okręglicka
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Mantas Svazas: Faculty of Bioeconomy Development, Vytautas Magnus University, 44248 Kaunas, Lithuania
Yuriy Bilan: Faculty of Bioeconomy Development, Vytautas Magnus University, 44248 Kaunas, Lithuania
Valentinas Navickas: School of Economics and Business, Kaunas University of Technology, 44249 Kaunas, Lithuania
Małgorzata Okręglicka: Faculty of Management, Czestochowa University of Technology, 42-201 Czestochowa, Poland

Energies, 2023, vol. 16, issue 17, 1-20

Abstract: The energy transformation that began in 2022 led to a breakthrough in green energy. It has opened opportunities to develop regional areas, as they have the land needed to build wind and solar power plants, as well as biomass waste power plants. Energy transformation enables regions to solve long-standing social problems determined by the inconvenient geographical location and the growth of agglomerations. However, in order to assess the potential of the regions, it is necessary to use different data groups, covering economic, social, environmental, and governance aspects. This article aims to create conditions for gathering quantitative and qualitative data that would allow us to assess the extent of energy transformation in regional areas. The article presents the case of Lithuania. Since the beginning of the energy crisis, there has been a breakthrough in the fields of wind and solar energy in the regions of Lithuania. This article is relevant because it aims to solve the problem of insufficient use of renewable energy resources in the regions. This article will present the regions’ potential to contribute to the energy transformation. The “research by design” formula was used for the research, which was chosen as the basis for further research. Based on this method, quality information was collected from interested parties—energetically innovative Lithuanian municipalities.

Keywords: energy transformation; municipality; ESG; synergies effects; renewable energy (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2023
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