Progress and Disparity: A Decade of Renewable Energy Development in Europe

cris.lastimport.wos2025-10-23T06:55:18Z
cris.virtual.author-orcid0000-0002-6647-0481
cris.virtualsource.author-orcidba8d3bf8-098a-4131-bf05-bf841e85c63e
dc.abstract.enPurpose: This article investigates the economic environment for renewable energy development using the TOPSIS (Technique for Order of Preference by Similarity to Ideal Solution) method for ranking renewable energy projects in various countries. Design/Methodology/Approach: This work constructs a framework for economic landscape assessment by picking out diagnostic variables reflecting key variables driving renewable energy development, environmental tax revenues, import dependence, energy usage, and environmental impacts. The TOPSIS method allows a multidimensional analysis of renewable energy, enabling a hierarchy of countries based on synthetic indicators. Findings: The study covers all regions with available data for the selected years, relying on comprehensive and accessible variables essential for the analysis. Data describing the economic indicators relevant to renewable energy development in each region for 2012 and 2020, which were sourced from EUROSTAT, ensure a robust foundation for the analysis. Practical Implications: Findings will help policymakers, investors, and developers make sound choices to promote sustainable and renewable energy projects. Originality/Value: Since it is challenging to represent the potential for renewable energy development through a single characteristic, this study employs a multidimensional statistical analysis based on a TOPSIS synthetic index to quantify this potential.
dc.affiliationWydział Ekonomiczny
dc.affiliation.instituteKatedra Ekonomii
dc.contributor.authorWasiuta, Aleksander
dc.date.access2024-11-29
dc.date.accessioned2024-11-29T11:44:10Z
dc.date.available2024-11-29T11:44:10Z
dc.date.copyright2024-08-02
dc.date.issued2024
dc.description.accesstimeat_publication
dc.description.bibliographybibliogr.
dc.description.financepublication_nocost
dc.description.financecost0,00
dc.description.number3
dc.description.points100
dc.description.versionfinal_published
dc.description.volume27
dc.identifier.doi10.35808/ersj/3439
dc.identifier.issn1108-2976
dc.identifier.urihttps://sciencerep.up.poznan.pl/handle/item/2142
dc.identifier.weblinkhttps://ersj.eu/journal/3439
dc.languageen
dc.relation.ispartofEuropean Research Studies Journal
dc.relation.pages350-364
dc.rightsCC-BY
dc.sciencecloudnosend
dc.share.typeOPEN_JOURNAL
dc.subject.enrenewable energy
dc.subject.eneconomic evaluation
dc.subject.enTOPSIS
dc.subject.enstrategic planning
dc.subject.ensynthetic indicators
dc.titleProgress and Disparity: A Decade of Renewable Energy Development in Europe
dc.typeJournalArticle
dspace.entity.typePublication
oaire.citation.issueIssue 3
oaire.citation.volumeXXVIΙ