Energy Poverty and Sustainable Economic Development: An Exploration of Correlations and Interdependencies in European Countries

Change in the Affordability of Owner-Occupied Housing in the Context of Rising Energy Prices

Household energy constitutes an important share of affordable housing. Unaffordable housing and inadequate household energy represent a new dimension of poverty. Connections between energy, housing affordability and well-being are still under-researched. Building on housing affordability framework, this study explores the magnitude in changes in affordability of acquisition and use of an apartment between January 2018 and January 2022. Over the last four years, the real estate market in Europe has changed significantly. This paper deals with primary data for the Czech Republic, where acquisition prices of residential real estate increased depending on the region in the range of 50 to 120%. Since January 2022, there has been a sharp rise in energy prices and a tightening of conditions for the acquisition of mortgage loans. All these factors affect the standard of living in the Czech Republic. The article quantifies the magnitude of this change by calculating shares of total housing costs to total average net household income for the period January 2018 and January 2022. It is found that the affordability of owner-occupied housing in the Czech Republic has deteriorated and part of the middle class will be forced to move to the rental housing sector, multifamily housing and sharing. Finally, we argue that energy poverty needs to be considered in addressing the government housing policies. The aim of the article is to analyze the changes that have taken place in the real estate market over the last four years in relation to the growth of total housing costs and energy costs associated with housing.

Processes of Modernization of Consumption in Poland in the Context of the Sustainable Consumption and the Functioning of the Renewable Energy Market

The process of consumption modernization can be expressed by adopting the principles of sustainable development within the sphere of consumption. It should be emphasized that the implementation of a sustainable consumption model becomes especially important when considering the fact that not only various types of enterprises but also consumers participate in the excessive consumption of natural resources. The processes of sustainable consumption that are related to its humanization and the formation of a responsible society are a response to the overconsumption of goods and services, which is not determined by actual human needs and does not consider social and ecological costs. The aim of the paper is to present a process of consumption modernization in Poland in the context of the functioning of the renewable energy market. Special attention is paid to behaviours that are consistent with the sustainable consumption model, as well as with the motives for using renewable energy sources by Polish consumers and the perception of barriers to increasing the use of renewable energy sources in Poland. This paper is based on literature studies, as well as on the results of an empirical study of quantitative character that was performed in 2021 on a nationwide representative sample of 1020 people. The contribution of the article is represented by showing the motivation of Polish consumers to use renewable energy sources and by indicating barriers to the development of the use of renewable energy sources by consumers in Poland. The analysis of the research results shows that the aspect of saving money plays a significant role among the motives for using renewable energy sources. At the same time, high investment costs in devices that enable the use of renewable energy sources are the main factor that is limiting the increase in the use of renewable energy sources in Poland.