RENEWABLE ENERGY ACHIEVEMENTS IN CEE-4 BEFORE THE GREEN DEAL

Paul Calanter, Andreea - Emanuela Drăgoi and Anca - Cătălina Dragomir

Revista de Economie Mondiala / The Journal of Global Economics, 2021, vol. 13, issue 1, 33-50

Abstract: Renewable energy (RE) is one of the Green Deal strategic pillars and progress in this area is deemed essential to achieving the objectives of the Energy Union by 2030. In this context, our analysis aims at highlighting the progress attained in green energy development by four EU Member States in Central and Eastern Europe (CEE-4): the Czech Republic, Hungary, Poland and Romania. The main objective of our research is to carry out a comparative analysis of four key indicators (RE share in the total energy used, in the total electricity consumption, in heating and cooling and in transports), in their evolution during the post-accessiontime-frame (2004-2019). Our analysis relies on both a case study (Romania) and a comparative stock-taking of the RE support policies and subsidies schemes used in all the four countries. Our paper will also present, through a SWOT analysis, Romania's progress in terms of its RE support policies and schemes, while highlighting significant differences as compared to the other CEE-4 countries.

Keywords: renewable energy; subsidies; CEE-4; Green Deal (search for similar items in EconPapers)
JEL-codes: Q00 Q01 Q28 Q29 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:iem:journl:v:13:y:2021:i:1:p:33-50

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