• Energy Research

As the world’s ecological situation worsens, the development of environmentally friendly renewable energy (RE) is becoming increasingly important. The main directions of scientific research devoted to the topic of RE are national socio-economic development of the country; development in the context of sustainable development; development policy and planning; evaluation of the achieved level of development; the situation in individual countries, etc. The analysis of literature sources conducted in this article shows that problems related to RE have not been sufficiently examined at the country or regional level, including in European Union (EU) countries. Such analysis helps to highlight regularities that are important for the further development of RE. The main purpose of this paper is to develop a comprehensive methodology for the quantitative assessment of RE development during the period under review and to validate it using the example of EU countries. The present research was conducted based on the methodology proposed in this article. In order to adequately assess the development of RE, it is necessary to rely on its scale and changes that occurred during the considered period (CP), i.e., to examine this development as a process. It is reflected by two parameters—the intensity of development and uniformity. The first is determined based on a value that assesses not the RE activeness at the end of the CP, but the general nature of the fluctuations that occurred during it. The uniformity of development is the sum of the ratios of its ideal and actual development values at the end of the time periods (years). The generalized RE development index is obtained by combining the values of the above parameters in an appropriate way. This helped to highlight the regularities and trends in the further development of RE: First, the level of economic development achieved by the country, measured by the gross domestic product per capita (correlation coefficient r = 0.7), has a significant influence on the development of RE. Second, on average, developed EU countries produce 52% of the RE from all electricity production, while for developing EU countries, the figure is 42%. Third, the development of RE is 1.7 times faster in developed EU countries compared to developing EU countries. Fourth, the country’s economic development has a significant influence on the development of RE in developing countries. Based on the research conducted, some contradictory results regarding the interaction between RE and countries’ economic development have been clarified. The practical benefit of the methodology is manifested in the following aspects: allows for the identification of factors that promote or hinder RE development; allows for the prediction of measures for further RE development. Thus, the methodology can serve as a methodological basis for the assessment and analysis of RE development in countries.

Recently, the Member States of the European Union (EU) have found themselves in a controversial situation. On the one hand, national economic development is barely possible without increasing electricity consumption, whereas on the other we are facing increased use of natural resources (coal, oil, gas, wood), thermal effects, pollution and risks to human health. The European Green Deal is a response to the currently observed negative trends. The strategy aims to accelerate the economic development of the EU Member States, thus reducing electricity consumption. Objectives may include both the national economy and the electricity generation sector by applying advanced technologies and introducing innovations that increase output efficiency while reducing electricity costs. Assessing the current situation is vital for the successful implementation of the European Green Deal, i.e., by comparing the impact of electricity consumption on the economic development of the Member States. Thus, combining indicators for national economic development and the extent of electricity consumption into a single aggregate is necessary because electricity greatly affects economic development. The proposed methodology allows dividing the analysed EU Member States into three groups, in line with the degree of national economic development and the scope of electricity consumption in their economy sectors.

In the last years, the fact of anthropogenic impact on climate change taking place in the world has become indisputable. Both countries and international organizations have taken steps to reduce GHG emissions, move to a low-carbon economy and implement solutions that reduce human impact on the environment. The EU, by intensifying its activities, has also prepared a strategy known as the European Green Deal. In implementing the EGD, it is important to analyze the impact of energy development in energy-intensive sectors of the economy (industry, transport, agriculture, services and other cores) on atmospheric pollution. Energy development is understood as the energy consumption percentage from all its consumption. In the article, complex correlation–regression analysis was implemented, which included not only energy development impact on the CO2 emissions level (i.e., production-based CO2 efficiency), but also its impact on economic growth. The research was conducted for the EU euro area countries. It was determined that the strongest positive correlation is to be found in the transport sector, which implies that with an increase in energy consumption in that sector, production-based CO2 efficiency is increasing. On the other hand, this increment in efficiency was relatively small and was achieved with the rapid growth of the energy consumption. The implemented research confirmed that the transportation sector is the one which is polluting the atmosphere the most with CO2 emissions in the Eurozone. The results of the implemented research could be used for the formation of targeted measures for the green growth strategy implementation, and also for ECB and EIB to support “green” projects.