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Abstract
EU regional policy funding was said to be a significant source of co-financing renewable energy investments in Poland, however, what has not yet been investigated thus far is the impact of such financing in rural areas of the Mazovian Voivodship, the biggest in the country. Thus, the aim of the paper is to explore the main outcomes of using this funding for RE investments in rural areas of the Mazovian Voivodship and look into the relations between these outcomes and important factors determining them. The study is based on qualitative and quantitative data from the SIMIK 2007-2013 data base of the Ministry of Development, Local Data Bank of Statistics Poland, data from 3 classifications of communes and a questionnaire survey. Findings prove that RE investments in the rural Mazovian Voivodship differ from investments in other rural areas of Poland as they only used wind and solar RE, were carried out only by local self-governments and enterprises, and obtained EU co-funding only from regional operational programmes. The similarities between RE investments in the rural Mazovian Voivodship and other rural areas of the country indicate an insufficient adjustment of eligible costs to total costs and a lower than available share of EU funding in eligible costs, both significantly increasing the share of non-EU funding necessary to carry out projects. The shortage of funding was indicated by local authorities and the respondents of the survey as the main obstacle in supporting local development and was the reason for taking other than RE investment development priorities. The paper concludes with recommendations on an increase of RE investments in the rural Mazovian Voivodship