Evaluation of the Level of Electricity Generation from Renewable Energy Sources in European Union Countries
Ewa Zdunek-Rosa and
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Robert Huterski: Faculty of Economic Sciences and Management, Nicolaus Copernicus University in Toruń, J. Gagarina 13a, 87-100 Toruń, Poland
Agnieszka Huterska: Faculty of Economic Sciences and Management, Nicolaus Copernicus University in Toruń, J. Gagarina 13a, 87-100 Toruń, Poland
Ewa Zdunek-Rosa: Faculty of Economic Sciences and Management, Nicolaus Copernicus University in Toruń, J. Gagarina 13a, 87-100 Toruń, Poland
Grażyna Voss: Faculty of Management, Bydgoszcz University of Technology, ul. Fordońska 430, 85-790 Bydgoszcz, Poland
Energies, 2021, vol. 14, issue 23, 1-0
Changes in recent years have resulted in an increase in the ways in which renewable energy is used and shared in total electricity generation. Each type of renewable energy is characterised by its uniqueness of the physical specificity and, therefore, differences in technological solutions. In this study, one of the methods of multidimensional comparative analysis (WAP)—Hellwig’s taxonomic measure of development—was used to assess the level of development of electricity production from renewable sources. Twenty-eight countries were surveyed, including 27 countries of the current European Union and the United Kingdom. Panel models were used to describe the relationship between the share of electricity production from RES in total electricity production and GDP per capita, public spending by countries on energy as a percentage of GDP as well as electricity production from water, wind, solar, and biogas per capita. The presented synthetic measures confirmed the more favourable situation of the rich northern EU countries in the production of electricity from renewable sources (solar, wind, hydro, and bio), at the same time highlighting problems with the greening of electricity production in a large group of the new EU member states. The panel study confirmed the importance of differences in economic potential and wealth between EU countries for the development of the use of RES for electricity production.
Keywords: renewable energy sources (RES); power generation; taxonomic measure of development (TMR); panel model (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:14:y:2021:i:23:p:8150-:d:695471
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