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

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