The Potential of Using Renewable Energy Sources in Poland Taking into Account the Economic and Ecological Conditions

The aim of the manuscript was to present the collective results of research on the profitability of using various renewable sources in Poland with the greatest development potential. In the paper, the economic parameters of various investment projects were determined and calculated, i.e., Net Capita...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autor principal:	Mariusz Niekurzak
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	renewable energy sources solar energy wind energy ecology environmental protection Technology T
Acceso en línea:	https://doaj.org/article/1d0b4ce73f564e549b7aaea46433c2cd
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:1d0b4ce73f564e549b7aaea46433c2cd
record_format	dspace
spelling	oai:doaj.org-article:1d0b4ce73f564e549b7aaea46433c2cd2021-11-25T17:26:18ZThe Potential of Using Renewable Energy Sources in Poland Taking into Account the Economic and Ecological Conditions10.3390/en142275251996-1073https://doaj.org/article/1d0b4ce73f564e549b7aaea46433c2cd2021-11-01T00:00:00Zhttps://www.mdpi.com/1996-1073/14/22/7525https://doaj.org/toc/1996-1073The aim of the manuscript was to present the collective results of research on the profitability of using various renewable sources in Poland with the greatest development potential. In the paper, the economic parameters of various investment projects were determined and calculated, i.e., Net Capital Value (NPV), Internal Rate of Return (IRR) and the Period of Return on Invested Capital (PBT). The economic assessment of the use of RES technologies was supplemented with the assessment of environmental benefits. The ecological criterion adopted in the study was the assessment of the potential and costs of reducing greenhouse gas emissions as a result of replacing fossil fuels with renewable energy technologies. On the basis of the constructed economic model to assess the profitability of investments, it has been shown that the analyzed projects will start to bring, depending on their type and technical specification, measurable economic benefits in the form of a reduction in the amount of energy purchased on an annual basis and environmental benefits in the form of reduction of carbon dioxide emissions to the atmosphere. Moreover, the calculations show a high potential for the use of certain renewable sources in Poland, which contributes to the fulfillment of energy and emission obligations towards the EU. The analyzes and research of the Polish energy market with the use of the presented models have shown that the project is fully economically justified and will allow investors to make a rational decision on the appropriate selection of a specific renewable energy source for their investment. The presented economic models to assess the profitability of investments in renewable energy sources can be successfully used in other countries and can also be a starting point for a discussion about the direction of energy development. Due to the lack of collective, original and up-to-date research on the domestic market, the manuscript provides the reader with the necessary knowledge regarding the legitimacy of using renewable energy sources, investment and environmental profitability.Mariusz NiekurzakMDPI AGarticlerenewable energy sourcessolar energywind energyecologyenvironmental protectionTechnologyTENEnergies, Vol 14, Iss 7525, p 7525 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	renewable energy sources solar energy wind energy ecology environmental protection Technology T
spellingShingle	renewable energy sources solar energy wind energy ecology environmental protection Technology T Mariusz Niekurzak The Potential of Using Renewable Energy Sources in Poland Taking into Account the Economic and Ecological Conditions
description	The aim of the manuscript was to present the collective results of research on the profitability of using various renewable sources in Poland with the greatest development potential. In the paper, the economic parameters of various investment projects were determined and calculated, i.e., Net Capital Value (NPV), Internal Rate of Return (IRR) and the Period of Return on Invested Capital (PBT). The economic assessment of the use of RES technologies was supplemented with the assessment of environmental benefits. The ecological criterion adopted in the study was the assessment of the potential and costs of reducing greenhouse gas emissions as a result of replacing fossil fuels with renewable energy technologies. On the basis of the constructed economic model to assess the profitability of investments, it has been shown that the analyzed projects will start to bring, depending on their type and technical specification, measurable economic benefits in the form of a reduction in the amount of energy purchased on an annual basis and environmental benefits in the form of reduction of carbon dioxide emissions to the atmosphere. Moreover, the calculations show a high potential for the use of certain renewable sources in Poland, which contributes to the fulfillment of energy and emission obligations towards the EU. The analyzes and research of the Polish energy market with the use of the presented models have shown that the project is fully economically justified and will allow investors to make a rational decision on the appropriate selection of a specific renewable energy source for their investment. The presented economic models to assess the profitability of investments in renewable energy sources can be successfully used in other countries and can also be a starting point for a discussion about the direction of energy development. Due to the lack of collective, original and up-to-date research on the domestic market, the manuscript provides the reader with the necessary knowledge regarding the legitimacy of using renewable energy sources, investment and environmental profitability.
format	article
author	Mariusz Niekurzak
author_facet	Mariusz Niekurzak
author_sort	Mariusz Niekurzak
title	The Potential of Using Renewable Energy Sources in Poland Taking into Account the Economic and Ecological Conditions
title_short	The Potential of Using Renewable Energy Sources in Poland Taking into Account the Economic and Ecological Conditions
title_full	The Potential of Using Renewable Energy Sources in Poland Taking into Account the Economic and Ecological Conditions
title_fullStr	The Potential of Using Renewable Energy Sources in Poland Taking into Account the Economic and Ecological Conditions
title_full_unstemmed	The Potential of Using Renewable Energy Sources in Poland Taking into Account the Economic and Ecological Conditions
title_sort	potential of using renewable energy sources in poland taking into account the economic and ecological conditions
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/1d0b4ce73f564e549b7aaea46433c2cd
work_keys_str_mv	AT mariuszniekurzak thepotentialofusingrenewableenergysourcesinpolandtakingintoaccounttheeconomicandecologicalconditions AT mariuszniekurzak potentialofusingrenewableenergysourcesinpolandtakingintoaccounttheeconomicandecologicalconditions
_version_	1718412334547861504

The Potential of Using Renewable Energy Sources in Poland Taking into Account the Economic and Ecological Conditions

Ejemplares similares