UTILIZATION OF RENEWABLE ENERGIES AND CHANGINGENERGY STUCTURE AT LOCAL GOVERMENT, AS DRIVERS OFECONOMIC RECOVERY: HUNGARIAN CASE STUDY

The growth and stability of the world economy is hindered because of theexhaustion of the fossil and traditional energy sources and because ofenvironmental consequences and increasing costs oftheir use. The energy supplyof is increasingly unstable and unsafe because in countries which suffer from highdependence of energy import. The traditional sectors have been facing recessionduring the last couple of years and the recovery also highly depends on newsolutions in energy supply. The rural regions are more vulnerable from botheconomic and social, because their adaptive capacities are limited. The main goalis this paper is to show the key factors of the limited possibilities of theirrecovery, such as low level of income, high rate ofunemployment and migration,high share of unskilled labour, lack of capital andappropriate know-how inenergetics. Development requires a new approach inenergetics, in agriculture andalso in waste management, resulting in high utilization of the renewable energiesgenerating regional economic growth. In this paper,a Hungarian case study willbe presented, which will show one solution of a rural municipality for viability,stability, job creation, and economic and social development. The paper concludesthe necessity of the role of the public private partnership and of the increasingsocial capital, in the future economic environmental and social balance in the ruralarea