Transformation of Energy Resources in the Visegrad Group: Strategies, Results, and Climate Effectiveness

Izabela Jonek-Kowalska () and Sara Rupacz
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Izabela Jonek-Kowalska: Department of Economics and Computer Science, Faculty of Organization and Management, Silesian University of Technology, ul. Akademicka 2A, 44-100 Gliwice, Poland
Sara Rupacz: Department of Economics and Computer Science, Faculty of Organization and Management, Silesian University of Technology, ul. Akademicka 2A, 44-100 Gliwice, Poland

Resources, 2024, vol. 13, issue 5, 1-24

Abstract: The climate challenges posed by the European Union are particularly difficult for emerging and developing economies. This causes reluctance to undertake them and even denial of their validity. For this reason, this article seeks to answer the question of whether it is possible to carry out an effective transformation of energy resources in the developing economies of the Visegrad Group. Analyses in this area are conducted in a long-term, 58-year research perspective (1965–2022) and concern the Czech Republic, Hungary, Poland, and Slovakia. The effectiveness of the examined transformation is assessed in two dimensions as follows: (1) resource and (2) emission, which are then synthesized using a multi-criteria analysis. This research shows that an effective resource transformation aimed at a zero-emission economy is possible even in emerging and developing economies, although it undoubtedly requires time and consistency in the implementation of the once-chosen energy policy. Hungary—a leader in assessed climate effectiveness—has systematically decarbonized while reducing the use of total non-renewable resources. The Hungarian resource transition strategy assumed the use of nuclear energy and an increase in the share of renewable resources. The result of these activities is a quite diversified energy mix, which is greater resource self-sufficiency and low carbon dioxide emissions. The Czech Republic also achieved a similar strategy and results. Poland and Slovakia coped much worse with the climate challenge: although they gave up coal, they replaced it largely with other non-renewable resources. It is worth emphasizing that Poland has managed to significantly increase the use of renewable resources, and nuclear energy and hydropower have also appeared in the Slovak mix. Nevertheless, this did not allow for achieving good climatic results.

Keywords: energy resources; energy transformation; energy strategies in the Visegrad Group; climate effectiveness; assessment of the effectiveness of energy resources transformation (search for similar items in EconPapers)
JEL-codes: Q1 Q2 Q3 Q4 Q5 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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