• Energy Research

The European Union (EU) is characterized by a high level of openness to trade, consequently increasing its member countries’ vulnerability to external shocks coming from the rapidly changing global environment. The paper’s objective was to compare and evaluate the factors of the EU agribusiness, its vulnerability and its measurement tools, and consequently to create subgroupings within EU member countries with different levels of vulnerability to exogenous shocks. The study hypothesized that the EU is not a homogenous unit regarding its trade sensitivity and vulnerability. It analyzed this phenomenon using data of recognized international institutions. Its method was a multi-criteria analysis with summative scaling. The assessment of the analysis was provided by the linear aggregation of 19 relevant vulnerability-influencing parameters, including climate change risk and political stability. The study results confirmed the hypothesis of the EU heterogeneity and identified four groups of member countries with different levels of the vulnerability to global shocks. It can improve an understanding of the agrarian sector position within the EU economy and a more precise re-formulation of its Common Agricultural Policy (CAP) priorities under the new conditions requiring the comprehensive resilience of the sector.

This paper aims to examine the rice industry in Vietnam during the period 1997–2017, focusing its production and export. The total area of Vietnam is 33.121 million hectares, out of which 39.25% consists of agricultural land. The agricultural sector adds up to 24% of the gross domestic product (GDP), 20% of the total exports and over 70% of the total employment. Vietnam’s economy is highly dependent on the agricultural sector, specifically rice production, which constitutes 30% of the country’s total agricultural production value. While its production at first aimed to ensure food security in the country, to date, Vietnam is one the world’s largest exporters. While extensive research has explored the rice industry, studies looking at the production through the use of fertilizers, external factors such as the exporting price of other countries and world consumption rates are still lacking. Given the complexity of the topic, data were analyzed through descriptive, econometric and quantitative methods. For production and export analyses, two and four hypotheses were derived and examined, respectively, all based on economic theory. The model consisted of two equations: (i) the paddy production is impacted by rice’s yield and fertilizer use and (ii) in addition to internal factors, the growth of exporting rice in Vietnam depends also on external factors such as Thailand’s rice export price and world consumption rates. Based on the model, a dynamic forecasting method was employed, using the previous forecast values of the dependent variables to compute the future ones. Findings showed that 98% of Vietnam’s rice production is explained through the yield and fertilizer usage and 83% of Vietnam’s rice export is explained by the production, the price in Vietnam and Thailand and the consumption levels around the world. When it comes to forecasting, an 8% growth is predicted with a peak in quantity produced, with 49,461 thousand tons in 2023, yet with difficulties when it comes to exporting. The research predicts a stagnation in exports.

Environmental policy is a set of objectives put in place for the protection of natural resources including water, air, soil, food, and other renewable resources. In addition, it has a considerable impact on the labor market and the income of employees in the environmental and forestry sectors. Environmental policy both directly and indirectly creates new jobs, the so-called green jobs. These jobs are designed to be long-term and sustainable, working towards both environmental and socio-economic stability. The aim of the research was to determine if there was a difference in income between the forestry and the environmental policy sectors. The primary objective of this paper was to propose ideas and instruments for strengthening the income of employees in both sectors to the creators of the new State Environmental Policy. This objective was met through appropriate research methods, including the field survey technique. In terms of statistics, we used descriptive characteristics and tested the hypothesis using a T-test. The data from 70 respondents were collected from January 2019 to December 2019. Half of the respondents were from the forestry sector, and the other half worked in environmental protection. Their total income was compared by using two selective T-tests, and the results showed a strong discrepancy. The analysis indicated that the average incomes in forestry are significantly lower than incomes in the environmental protection sector (in the Czech Republic). The statistically higher income of environmental workers reflects that the State Environmental Policy is effective, which improves the position of employees in the labor market. The forestry sector deserves similar concentrated state assistance, and therefore we recommend that the new State Environmental Policy in the Czech Republic also addresses the problem of low income in forestry.

This study aims to evaluate the water balance of the crop mix of the Czech Republic and the tendencies of its development during the period 1961–2019. For calculating water deficits, methodology from ČSN 750434 (Czech technical standards) was used and on its basis, the deficits of the ten most frequently represented crops of the Czech Republic were calculated. These results were then put into the context of the development of precipitation totals and the development of average annual temperatures in the observed period. Furthermore, statistical tools were used for the identification of relationships between the observed variables and the tested hypotheses to verify the statistical significance of the observed changes. The results show that the overall irrigation deficit nearly doubled in Czech agriculture when comparing the averages for the periods 1961–1970 and 2010–2019. This change was evaluated as statistically significant. Furthermore, there were also statistically significant increases in water deficits in the cases of wheat, barley, rye, oats, legumes, and rapeseed. The sowing areas of the observed crops recorded statistically significant change in all cases. Only in the case of wheat, maize and rapeseed were there increases in sowing area, specifically 146%, 642.4%, and 1132.7%, respectively. For other crops, a decrease in sowing areas was observed. This finding points to decreasing commodity diversity in Czech agriculture, which, in combination with a high degree of intensification and selected agrotechnical practices, contributes to a lower retention capacity for the soil and landscape to retain water, which in turn influences the overall water balance of the Czech agrarian sector.

Our paper focuses on assessing the role of state funding in supporting wind energy projects with a focus on economic efficiency and risk assessment. In particular, we analyze the new program aimed at supporting Russian renewable energy (RE) projects envisaged for the period from 2024–2035 that involves a reduction in investments in such projects and the introduction of large fines for non-compliance with regulatory requirements for localization and export. These strict rules imposed by the regulatory authorities, as well as the withdrawal by foreign manufacturers of equipment for renewable energy from the domestic energy market, put into doubt the economic feasibility of the participation of sector players in state-supported programs. Our paper assesses the economic justification for the practicality of the Russian energy market to implement renewable energy projects under the influence of negative environmental factors and the reduction of state support programs. We employ a case study of wind energy projects carried out in 2018–2020 as a part of the first sector support program. Our methodology is based on the calculations of the classical indicators of economic efficiency of projects (NPV, IRR, and DPP). Our own approach reveals that these indicators are supplemented by taking into account the cost of specific political, environmental, and economic risks of wind energy projects. Our results reveal that, at the moment, Russian wind energy projects in various scenarios retain a sufficient margin of financial strength and are able to withstand a reduction in the amount of financial support from the state. Our findings allow the formulation of some practical recommendations for reducing the share of governmental support for wind energy projects on the local energy market as a measure of cutting costs and increasing overall economic efficiency.

Economic sanctions between the European Union and Russia have significantly changed trade relations between them, while there are controversial assessments of sanctions’ impact on both economies. Russian import ban has changed domestic producer prices in Russia, offering domestic producers a unique opportunity. There is an opinion that increasing self-sufficiency supports sustainable growth in agricultural production. At the same time, there is question of when and whether Russian import ban will be lifted? This paper offers an overview of changes in milk producer prices and support for milk producers in Russia in the period after the Russian import ban. We argue that currently the Russian Government has little incentive to lift import ban for milk and dairy products, as state support of agricultural producers has been decreased in significance for producers and was replaced by market prices support. Main findings suggest that all Russian federal regions experienced significant increases in transfers to producers from consumers; however, the pace of the increase appears to be different across regions. Paradoxically, the Western sanctions helped Russian milk and dairy industry to strengthen its position.

Small Nuclear Reactors (SNR) can provide climate-neutral, stable electricity and heating if located in people’s neighborhoods close to people’s dwellings. The extensive use of SNR would reduce capacity requirements for energy transmission systems and increase the overall stability of energy grids. However, the public fear location of SNR close to their homes. This paper hypothesizes that the public acceptance of SNR in the neighborhood is contingent upon knowledge of technology, fear of nuclear energy (NE), trust in the government, the expected increase of future electricity needs and the expected ability of renewables to cover these needs, environmental and climate concerns, and media exposure. We rely upon representative survey data from the Czech Republic (N = 1,013, 51.2% female, aged 18–91, M ± SD: 47.7 ± 17.6; 19.6% with higher education). Methodologically we conduct exploratory Principal Component Analysis and a series of ordinal regressions. The results suggest that the knowledge of technology, trust in the government, the preference for NE expansion, and media exposure increased the acceptance of SNR, while fear of NE decreased SNR acceptance. The perceived replaceability of conventional energy sources with renewables decreased acceptance of SNR in most cases. Surprisingly, worries about climate change reduced the support for SNR. Women accept fewer SNRs located close to their residence compared to men. More educational effort is needed in the specifics of SNR technology and the environmental effects of SNR. Media proved to be an excellent way to start.

African countries have faced competition and several challenges to attract foreign direct investment given the role that FDIs play in the development process. Several efforts made have been futile because of numerous factors that play against the business environment for foreign investments. Our paper analyses the influence of tax incentives on foreign direct investment in African economies based on data from 2000–2018. We utilized panel data on forty (40) African countries and an econometric model of four proxies of tax incentives, after controlling other variables, with robust Random Effect as our discussion estimator. Our results revealed that FDI responds to lower corporate income tax (CTR). Furthermore, foreign direct investment predominates in African economies with longer tax holidays and withholding tax. However, tax concession is insignificant to the inflows of FDIs in Africa. Summarizing, our results recommend that without proper restructuring of the tax incentives to deal with policy lapses by the governments of Africa, achieving the four main goals, i.e., poverty eradication, sustainable growth and development, African integration in the competitive global economy, and women empowerment, will be hindered.

While the market price of land in Czechia has increased in recent years, the officially set land price, published by the State Land Office and the Research Institute for Soil and Water Conservation, has decreased in several regions (Olomouc, Zlín, South Moravia, Moravian-Silesian, and Central Bohemia Region). Four out of five of these regions are said to have the most fertile soil. The main reason for the official land price decrease has been the re-evaluation of land parcels which are based on field sample testing. Based on these sample tests some parcels have been re-evaluated as less fertile. This paper aims to identify the main determinants, which led to the decrease of the official land price and soil fertility in these regions of Czechia. It has been determined that crop structure significantly differs from the “valuation type structure” which indicates optimal share of individual crops to achieve the optimal yield without soil degradation. It has also been determined that there were statistically significant differences in all selected regions for all observed crops (excluding rapeseed in Moravian-Silesian Region) and Czechia between the shares of individual crops and shares according to the “valuation type structure”. It may be concluded that farmers follow short-term interests (profit) instead of long-term goals (soil fertility) in the selected regions. Moreover, results for Czechia suggest that this trend is becoming more common in every region of Czechia. Thus, the Herfindahl–Hirschman Index was utilized. The Herfindahl–Hirschman Index shows decreasing crop diversity in all selected region, as in Czechia as well. Based on the data analysis, it is possible to identify several crops, which are prevailing (wheat, barley, rapeseed, and fodder crops). Three of these crops (wheat, barley, and rapeseed) in combination with intensive farming and poor crop rotation have been found to be problematic and a potential threat which may cause degradation in soil fertility. Based upon this the following measures have been recommended: First, to focus on proven agricultural practices, including crop rotation and fodder crops. Second, the fodder crops production should be supported, and the structure of the “single area payment subsidies” should reflect the negative impact of the three main prevailing crops (wheat, maize, and barley) on soil fertility and the decrease of livestock production in Czechia.

The electric power sector in countries suffering from crises and wars such as Syria, Iraq, Yemen, Libya, etc., is among the most affected infrastructures. Since this sector plays a vital role in the economic growth and in improving people’s quality of life, the post-crisis reconstruction of this sector must take into account the requirements and concepts of sustainable development (SD) in addition to technical and economic considerations. This article discusses the role that renewable energy sources (RES) can play in achieving SD in the post-crisis reconstruction phase of the Syrian Electric Power Sector (SEPS) as a case study. Based on the available data, the study period was chosen from 2005 to 2017 and divided into two periods. In the first period (2005–2010), which is the pre-crisis period, the structure of the SEPS and its main characteristics were described while the adoption of RES solutions and SD concepts were investigated. In the second period (2011–2017), the crisis period, the satiation of the SEPS and impact of the crisis were evaluated. The challenges that faced the adoption of SD concepts and RES solution were also addressed at this stage. Based on analysis and comparison of the available data, several scenarios were discussed to evaluate the role of RES in achieving SD in the post-crisis reconstruction phase of the SEPS. EnergyPLAN software was used for the techno and socio-economic evaluation of these scenarios. Our results emphasize the importance of the adoption of RES solutions in the reconstruction phase, as these can help promote SD concepts (reducing greenhouse gas emissions, protecting the environment, increasing energy efficiency, creating jobs, etc.) and securing the electric supply of the SEPS while enhancing its stability.