The Impact of the Production and Consumption of Renewable Energy on Economic Growth—The Case of Poland

Iwona Bąk, Emilia Barej-Kaczmarek, Maciej Oesterreich (), Beata Szczecińska, Katarzyna Wawrzyniak and Piotr Sulikowski
Additional contact information
Iwona Bąk: Department of Application of Mathematics in Economics, Faculty of Economics, West Pomeranian University of Technology, Janickiego Street 31, 71-270 Szczecin, Poland
Emilia Barej-Kaczmarek: Department of Application of Mathematics in Economics, Faculty of Economics, West Pomeranian University of Technology, Janickiego Street 31, 71-270 Szczecin, Poland
Maciej Oesterreich: Department of Application of Mathematics in Economics, Faculty of Economics, West Pomeranian University of Technology, Janickiego Street 31, 71-270 Szczecin, Poland
Beata Szczecińska: Department of Application of Mathematics in Economics, Faculty of Economics, West Pomeranian University of Technology, Janickiego Street 31, 71-270 Szczecin, Poland
Katarzyna Wawrzyniak: Department of Application of Mathematics in Economics, Faculty of Economics, West Pomeranian University of Technology, Janickiego Street 31, 71-270 Szczecin, Poland
Piotr Sulikowski: Faculty of Information Technology and Computer Science, West Pomeranian University of Technology, Zolnierska Street 49, 71-210 Szczecin, Poland

Sustainability, 2024, vol. 16, issue 24, 1-27

Abstract: In the last decade, rapid technological development and a simultaneous increase in social awareness related to environmental protection have been determinants of the research and development of new techniques for generating energy from renewable sources. The international situation after 24 February 2022 in turn caused an increase in demand for energy that can be generated locally. This trend has not bypassed Poland either, where dynamic development of the market related to generating energy from renewable sources has been observed for many years. The aim of this article is to identify regularities in the degree of impact of the production and consumption of renewable energy on economic growth in Poland in 2005–2022. In this study, we used power econometric models. The results obtained by the authors show that energy consumption including renewable energy affects economic growth. In Poland, in the period under review, the increase in the consumption and production of energy from renewable sources, both on a national scale and on the scale of separate regions (city agglomerations, towns and suburbs, rural areas), contributed to the increase in measures characterizing economic development.

Keywords: renewable energy; economic growth; econometric models; Poland (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (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)

Downloads: (external link)
https://www.mdpi.com/2071-1050/16/24/11062/pdf (application/pdf)
https://www.mdpi.com/2071-1050/16/24/11062/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:16:y:2024:i:24:p:11062-:d:1545708

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().