Discourse on green technologies and their application

Abstract

Green Technology is one of the top 6 priorities of the European Union, expressed as the European Green Deal – a growth strategy to transform the EU into a competitive economy. Since Green Technology is a field in its’ growth phase, there is still some ambiguity left, especially when describing it.This research aims at identifying the most important features that define Green Technology. To achieve this, the origins and contents of Green Technology are analysed by using the literature review method from two points of view - regulation and industrial. Contributing features and their origins are identified and further analysed. To obtain the viewpoint of the Green Technology industry representatives, the features are ranked by identifying them through the experimental research and the knowledge of the industry experts. The research provides conclusions on the theoretical basis of Green Technology, including the explanation of the viewpoint of the industry, as well as the knowledge and the observations of possible tendencies. The provided description of the key features that contribute to the identity of Green Technology and its’ application has revealed that the most important attribute in describing Green Technology is the economical/ecological need for the technology. The priority is set to the assessment of the needs and abilities of Green Technology over the regional policy, thus emphasizing the market situation against the regional policies related to supporting such initiatives.