The Impact of the Production and Consumption of Renewable Energy on Economic Growth—The Case of Poland
Open Access
- 17 December 2024
- journal article
- research article
- Published by MDPI AG in Sustainability
- Vol. 16 (24) , 11062
Abstract
In the last decade, rapid technological development and a simultaneous increase in social awareness related to environmental protection have been determinants of the research and development of new techniques for generating energy from renewable sources. The international situation after 24 February 2022 in turn caused an increase in demand for energy that can be generated locally. This trend has not bypassed Poland either, where dynamic development of the market related to generating energy from renewable sources has been observed for many years. The aim of this article is to identify regularities in the degree of impact of the production and consumption of renewable energy on economic growth in Poland in 2005–2022. In this study, we used power econometric models. The results obtained by the authors show that energy consumption including renewable energy affects economic growth. In Poland, in the period under review, the increase in the consumption and production of energy from renewable sources, both on a national scale and on the scale of separate regions (city agglomerations, towns and suburbs, rural areas), contributed to the increase in measures characterizing economic development.Keywords
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