Journal of Scientific Papers

ECONOMICS & SOCIOLOGY


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ISSN 2071-789X

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  • General Founder and Publisher:

     
    Centre of Sociological Research

     

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    Széchenyi István University, (Hungary)

    Mykolas Romeris University (Lithuania)

    Alexander Dubcek University of Trencín (Slovak Republic)


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Externalities of power generation in Visegrad countries and their integration through support of renewables

Vol. 14, No 1, 2021

Dalia Štreimikienė

 

Mykolas Romeris University, 

Vilnius, Lithuania

E-mail: dalia@mail.lei.lt 

ORCID 0000-0002-3247-9912

Externalities of power generation in Visegrad countries and their integration through support of renewables

 

 

 

Abstract. Moving to 100% renewables scenario in EU requires huge support to renewable energy technologies, however this support needs to integrate positive externalities of renewables, therefore it is important to analyse dynamics of external costs of electricity generation in Visegrad countries and to compare them with support allocated to renewable energy sources in these countries. Therefore, the paper aims to compare the Visegrad countries in terms of reduction of external electricity generation costs due to increased share of renewables in electricity generation and the government support provided for renewables. ExternE methodology and CASES database is applied in this research. The results of study provide guidance for policy makers with regards to promotion of RES for achieving low-carbon energy transition by 2050.

 

Received: May, 2020

1st Revision: December, 2020

Accepted: March, 2021

 

DOI: 10.14254/2071-789X.2021/14-1/6

JEL ClassificationQ42, Q48, P46

Keywords: external costs of electricity generation, renewable energy sources, public support to renewables, Visegrad countries