Financial Aspects of Energy Investments in the Era of Shaping Stable Energy Development in Poland: A Case Study

Marcin Olkiewicz (), Joanna Alicja Dyczkowska and Anna Maria Olkiewicz
Additional contact information
Marcin Olkiewicz: Faculty of Economic Sciences, Koszalin University of Technology, 75-753 Koszalin, Poland
Joanna Alicja Dyczkowska: Faculty of Economic Sciences, Koszalin University of Technology, 75-753 Koszalin, Poland
Anna Maria Olkiewicz: Faculty of Economic Sciences, Koszalin University of Technology, 75-753 Koszalin, Poland

Energies, 2023, vol. 16, issue 23, 1-21

Abstract: Investments in green energy are necessary due to, among other reasons, the growing expectations of stakeholders, climate change, limited natural resources, and improved quality of life. Unfortunately, the costs of implementing pro-environmental activities related to investing in technologies using alternative methods of obtaining energy are significant, which is why more and more entities are analyzing their profitability. The aim of this study, as part of a case study, is to assess the energy investment in PV panels in the logistics center (LC) being built in Central Pomerania. The analyzed investment fits into the activities of the development perspective of the renewable energy sources sector and is also very important from the perspective of shaping the conditions and stable development of the energy industry in Poland. The study proved that such a large investment, taking into account various forms of financing, will pay off within 15 years, which is a very good result from the point of view of its durability. The best variant of capital involvement is the option 20 (own capital)/80 (outsourced capital), which, among other things, confirms (in thousands of euros) NPV = 4.43, NPV (TGeBase) = 0.04, and NPV (CAPEX) = 4.32.

Keywords: pro-ecological investment; renewable energy; photovoltaic; financial support (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
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.mdpi.com/1996-1073/16/23/7814/pdf (application/pdf)
https://www.mdpi.com/1996-1073/16/23/7814/ (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:jeners:v:16:y:2023:i:23:p:7814-:d:1289081

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

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