The following information was submitted:
Transactions: INTERNATIONAL JOURNAL of MATHEMATICAL MODELS AND METHODS IN APPLIED SCIENCES
Transactions ID Number: 20-599
Full Name: Luboš Smrèka
Position: Lecturer
Age: ON
Sex: Male
Address: University of Economics, Prague, Winston Churchill Sq. 4, 130 67 Prague 3
Country: CZECH REPUBLIC
Tel: 00420224098656, 00420602357890
Tel prefix: 00420
Fax: 00420224934965
E-mail address: smrckal@vse.cz
Other E-mails: smrcka.lubos@quick.cz
Title of the Paper: Economic Harm of Promoting Photovoltaics
Authors as they appear in the Paper: Luboš Smrèka
Email addresses of all the authors: smrckal@vse.cz
Number of paper pages: 10
Abstract: This paper looks at the developments in the area of generation of solar electricity in the Czech Republic and the increase in the volume of electricity produced in the last five years. Drawing on critical investigations and analyses of available data, it shows that the reality is fundamentally different from the goals set out by the government when advocating and promoting photovoltaics. It has transpired that photovoltaics does not deliver the economic and systemic benefits often attributed to it, which constitute the theoretical rationale for photovoltaic subsidies. On the contrary, there has been mounting evidence proving that promotion of photovoltaics and other 'renewable' sources inevitably entails significant economic difficulties, refuting popular claims that 'renewable sources' are a solution of economic and environmental challenges of the modern era. It turns out that massive support of sustainable energy sources introduces to the energy market rapidly in!
creasing volumes of 'expensive electricity', which has to be sold at high rates, thus significantly damaging popular attitude towards 'sustainable sources' as they are rightfully considered a direct cause of rising electricity prices. In addition, higher energy prices have a negative impact on the competitiveness of manufacturing and other industries, including the services sector. Moreover, subsidies into 'renewable sources' undoubtedly contribute to a build-up of inflation pressures. Finally, the paper provides two correlation analyses, the first one assessing the development of the cost of sustainable energy subsidies and amount of renewable electricity generated between 2004 and 2001, and the second one evaluating the additional cost of sustainable energy sources and the cost of reducing emissions by one tonne of CO2 equivalent.
Keywords: energy industry, ecology, energetic security, photovoltaics, renewable sources, correlation analyses
EXTENSION of the file: .pdf
Special (Invited) Session: Photovoltaics in the Czech Republic – Example of a Distorted Market
Organizer of the Session: 650-942
How Did you learn about congress: Jiøí Strouhal, strouhal@vse.cz, Dimitrios Tsomocos, dimitrios.tsomocos@sbs.ox.ac.uk, Marie Paseková, pasekova@fame.utb.cz
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