scholarly journals The Economic Instruments for the Development of the Renewable Energy Sector in the EU and Ukraine

2020 ◽  
pp. 169-177
Author(s):  
V.S. Piven
Keyword(s):  
Energy Efficiency ◽  
Renewable Energy ◽  
Developed Countries ◽  
Energy Sector ◽  
Green Energy ◽  
The European Union ◽  
Renewable Energy Resources ◽  
The Impact ◽  
Stable Development ◽  
The Eu

The research reveals the theoretical and practical aspects of the green energy sector. The article compares the level of development of the green energy sector in the European Union and Ukraine. Different indicators, including the share of energy from renewable sources in Ukraine, the interaction between the level of GDP per capita and the share of renewable energy in the EU and Ukraine, and the structure of the renewable energy resources of Ukraine and the EU are taken into account. The article discussed the role of financial and non-financial tools for the development of the green energy sector in the EU countries. The research states that the countries can be divided into three groups, where group A involves countries with a highly developed green energy sector, group B – member-states with progress in the transition to alternative sources of energy, and group C – countries with weak or no progress in the development of renewable energy sector. The research explains the impact of economic prosperity in developed countries on the renewable energy sector. It investigates that there is a very small positive correlation between the independent variable and the dependent variable. In general, it demonstrates that there is no correlation between the economic condition of very developed countries and the level of their green energy efficiency. The article suggests policy-making changes for the stable development of green energy in both the EU and Ukraine. Revision of existing government's medium and long term plans and adapting them to current circumstances, the gradual reduction of subsidies and reform of energy pricing, the regulatory focus on energy efficiency, the attraction of private investments through the use of domestic and donor investments are determined as important actions for stable development of green energy sector.

Energy security and implementation of renewable energy in the European Union

2020 ◽  
pp. 139-145
Author(s):  
Magdalena Tkaczyk
Keyword(s):  
European Union ◽  
Energy Efficiency ◽  
Renewable Energy ◽  
Energy Security ◽  
The European Union ◽  
Gradual Reduction ◽  
Global Challenges ◽  
Climate Crisis ◽  
The Impact ◽  
The Eu

In the light of the deepening climate crisis and global challenges, the issue of energy security is discussed more broadly. The growing fears of the European Union characterised as a region that is highly dependent on energy import from non-EU countries, lead to the modernisation of the European energy sector. The EU is actively promoting the implementation of renewable energy and investments in a sustainable economyto ensure energy security. In this essay, the author analyses a research on the impact of renewable energy efficiency on the gradual reduction of dependence on energy supplies, that was carried out by Turkish scientists, F. Gökgöz and M.T. Güvercin, in 2018. In order to obtain a comprehensive perspective on this issue, the author confronts this publication with other scientific articles in the field of EU energy security.

TRENDS IN THE FORMATION OF POLAND'S ENERGY POLICY IN THE FUEL AND ENERGY SECTOR OF THE EU COUNTRIES

2021 ◽  
Vol 2 (11) ◽  
pp. 167-173
Author(s):  
Mihail V. Rybin ◽  
◽  
Alexander A. Stepanov ◽  
Nadezhda V. Morozova ◽  
◽  
...  
Keyword(s):  
European Union ◽  
Energy Policy ◽  
Energy Sector ◽  
Green Energy ◽  
Point Of View ◽  
The European Union ◽  
The Russian Federation ◽  
Regional Programs ◽  
The Eu ◽  
Fuel And Energy Sector

The article reveals and analyzes conceptual approaches to the formation of strategic directions of energy policy of the European Union and Poland in the first decades of the XXI century. A critical assess-ment is given from the point of view of international cooperation in the field of energy between the Russian Federation, Poland and the EU as a whole and, in particular, European, national and regional programs for the transformation of the fuel and energy sector in the conditions of decarbonization and transition to green energy.

scholarly journals Renewable energy resources in the EU (Policy scenario)

2013 ◽  
pp. 143-146
Author(s):  
Orsolya Nagy
Keyword(s):  
Climate Change ◽  
European Union ◽  
Renewable Energy ◽  
Energy Use ◽  
Biomass Energy ◽  
Energy Resources ◽  
The European Union ◽  
Renewable Energy Resources ◽  
The Right ◽  
The Eu

The use of renewable energies has a long past, even though its share of the total energy use is rather low in European terms. However, the tendencies are definitely favourable which is further strengthened by the dedication of the European Union to sustainable development and combat against climate change. The European Union is on the right track in achieving its goal which is to be able to cover 20% its energy need from renewable energy resources by 2020. The increased use of wind, solar, water, tidal, geothermal and biomass energy will reduce the energy import dependence of the European Union and it will stimulate innovation.

(Un)fit for 55! Ohne eine verschärfte Governance-Verordnung sind die Klimaziele 2030 nicht zu erreichen

IG ◽  
2021 ◽  
Vol 44 (4) ◽  
pp. 287-300
Author(s):  
Michèle Knodt ◽  
Rainer Müller ◽  
Sabine Schlacke ◽  
Marc Ringel
Keyword(s):  
European Union ◽  
Energy Efficiency ◽  
Renewable Energy ◽  
Regulatory Action ◽  
The European Union ◽  
Soft Governance ◽  
Energy Efficiency Targets ◽  
Positive Effect ◽  
The Eu

The European Commission's “Fit for 55” package of July 2021 provides for a significant increase in renewable energy and energy efficiency targets in the European Union (EU). However, the EU’s competences in the energy sector are severely limited and subject to sovereignty. Already in 2018, the EU adopted a Governance Regulation that provides for a hardening of the otherwise only soft governance in the areas of renewable energies and energy efficiency due to the lack of European competences. It is intended to ensure that the Commission's recommendations for improving national energy and climate plans are implemented by the member states. An analysis of the quality of implementation of these recommendations now shows that this has a positive effect in areas with harder soft governance but still needs improvement. Increasing the targets of regulatory action cannot be successful without revising the Governance Regulation and hardening soft governance along with it. Otherwise, the EU is not fit for its 55 percent target in 2030.

Sustainable energy solutions for thermal load in buildings - Role of heat pumps, solar thermal, and hydrogen-based cogeneration systems

2021 ◽  
pp. 1-25
Author(s):  
Praveen Cheekatamarla ◽  
Vishaldeep Sharma ◽  
Bo Shen
Keyword(s):  
Energy Efficiency ◽  
Renewable Energy ◽  
Carbon Footprint ◽  
Energy Demand ◽  
Primary Energy ◽  
Heat Pumps ◽  
Total Carbon ◽  
Coefficient Of Performance ◽  
Renewable Energy Resources ◽  
The Impact

Abstract Economic and population growth is leading to increased energy demand across all sectors – buildings, transportation, and industry. Adoption of new energy consumers such as electric vehicles could further increase this growth. Sensible utilization of clean renewable energy resources is necessary to sustain this growth. Thermal needs in a building pose a significant challenge to the energy infrastructure. Supporting the current and future building thermal energy needs to offset the total electric demand while lowering the carbon footprint and enhancing the grid flexibility is presented in this study. Performance assessment of heat pumps, renewable energy, non-fossil fuel-based cogeneration systems, and their hybrid configurations was conducted. The impact of design configuration, coefficient of performance (COP), electric grid's primary energy efficiency on the key attributes of total carbon footprint, life cycle costs, operational energy savings, and site-specific primary energy efficiency are analyzed and discussed in detail.

scholarly journals Impact of the Renewable Energy Development in Lithuania‘s Energy Economy

2019 ◽  
Vol 8 (4) ◽  
pp. 75
Author(s):  
Rita Bužinskienė
Keyword(s):  
Renewable Energy ◽  
Renewable Energy Sources ◽  
Research Problem ◽  
Energy Sector ◽  
Energy Resources ◽  
Renewable Energy Resources ◽  
Linear Regression Models ◽  
Energy Productivity ◽  
Energy Economy ◽  
The Impact

Paper is characterized by scientific novelty as it involves a very scarce research problem in Lithuanian‘s energy sector, assessing the impact of renewable energy resources on the energy economy. Renewable energy sources have a multiplier effect in spurring the economy and the development of not only the energy sector but also all the supporting activities related to such industry. The impact of the development of renewable energy is one of the factors that develop the quality of technology innovation development. This study includes the impact of renewable energy on the energy economy, using multiple linear regression models. The results of the study have shown that renewable energy resources: wind, sun, water, geothermal and biomass can not always be used together because they compete with each other and therefore reduce the efficiency of the energy economy. In this context, three combinations of renewable energy resources have been developed, which have been adapted to assess the impact of the energy economy on energy productivity and energy intensity. It has been found that the combination of resources of the second model (M2) RE is significant for the efficiency of the energy economy.Keywords: Renewable energy resources; Energy economy; Impact of efficiency

scholarly journals Economic-Engineering Modelling of the Buildings Sector to Study the Transition towards Deep Decarbonisation in the EU

Energies ◽  
2019 ◽  
Vol 12 (14) ◽  
pp. 2745 ◽  
Author(s):  
Fotiou ◽  
Vita ◽  
Capros
Keyword(s):  
Energy Efficiency ◽  
Electric Heating ◽  
Heat Pumps ◽  
Climatic Conditions ◽  
Mathematical Framework ◽  
The European Union ◽  
The Cost ◽  
The Impact ◽  
The Eu

The paper presents a newly developed economic-engineering model of the buildings sector and its implementation for all the European Union (EU) Member States (MS), designed to study in detail ambitious energy efficiency strategies and policies, in the context of deep decarbonisation in the long term. The model has been used to support the impact assessment study that accompanied the European Commission’s communication “A Clear Planet for All”, in November 2018. The model covers all EU countries with a fine resolution of building types, and represents agent decision-making in a complex and dynamic economic-engineering mathematical framework. Emphasis is given to behaviours driving the energy renovation of buildings and the ensuing choice of equipment for heating and cooling. The model represents several market and non-market policies that can influence energy decisions in buildings and promote deep energy renovation. Moreover, the paper presents key applications for supporting policies targeting ambitious reduction of energy consumption and carbon emissions in buildings across Europe. The results illustrate that the achievement of ambitious energy-efficiency targets in the long-term heavily depends on pursuing a fast and extensive renovation of existing buildings, at annual rates between 1.21% and 1.77% for the residential sector and between 0.92% to 1.35% for the services sector. In both cases, the renovation rates are far higher past trends. Strong policies aimed at removing non-market barriers are deemed necessary. Electrification constitutes a reasonable choice for deeply renovated buildings and, as a result, almost 50% of households chooses electric heating over gas heating in the long term. However, heat pumps need to exploit further their learning potential to be economical and implementable for the various climatic conditions in Europe. The results also show that the cost impacts are modest even if renovation and decarbonisation in buildings develop ambitiously in the EU. The reduced energy bills due to energy savings can almost offset the increasing capital expenditures. Fundraising difficulties and the cost of capital are, however, of concern.

scholarly journals Analyzing the Impact of the Renewable Energy Sources on Economic Growth at the EU Level Using an ARDL Model

Mathematics ◽  
2020 ◽  
Vol 8 (8) ◽  
pp. 1367 ◽  
Author(s):  
Mihail Busu
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Regression Model ◽  
Negative Impact ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
The European Union ◽  
Causality Analysis ◽  
The Impact ◽  
The Eu

Energy is one of the most important drivers of economic growth, but as the population is increasing, in normal circumstances, in all countries of the world, there is a demand for energy produced from conventional resources. Increasing prices of conventional energy and the negative impact on the environment are two of the main reasons for switching to renewable energy sources (RESs). The aim of the paper is to quantify the impact of the RESs, by type, on the sustainable economic growth at the European Union (EU) level. The research was performed for all 28 EU member states, for a time frame from 2004 to 2017, through a panel autoregressive distributed lag (ARDL) approach and causality analysis. Furthermore, Hausman test was performed on the regression model. By estimating the panel data regression model with random effects, we reveal through our results that RESs, namely wind, solar, biomass, geothermal, and hydropower energy, have a positive influence on economic growth at EU level. Moreover, biomass has the highest impact on economic growth among all RES. In fact, a 1% increase in biomass primary production would impact the economic growth by 0.15%. Based on econometric analysis, our findings suggest that public policies at the EU level should be focused on investment in RESs.

scholarly journals “Green Energy” and the Standard of Living of the EU Residents

Energies ◽  
2021 ◽  
Vol 14 (8) ◽  
pp. 2186
Author(s):  
Mariusz Malinowski
Keyword(s):  
Renewable Energy ◽  
Rank Correlation ◽  
High Standard ◽  
Green Energy ◽  
Canonical Analysis ◽  
Standard Of Living ◽  
Canonical Variables ◽  
The Impact ◽  
The Relationship ◽  
The Eu

The author intended to present the relationship between the standard of living of EU citizens and the level of the development of renewable energy. It is particularly important in the context of the implementation of the sustainable development idea, by ensuring a high standard of living for both current and future generations, with rational use of available natural resources. The first, theoretical part of the article presents the problem related to the impact of renewable energy on the standard of living in a synthetic way. The second part involves empirical research conducted in all countries of the EU. To evaluate the level of renewable energy development and the standard of living, the author constructed original measures based on the TOPSIS method. Variables were selected on the basis of substantive, statistical and formal criteria (primarily the completeness and availability of data in 2019). Within the framework of the conducted study, the author obtained, among other things, a relatively high value of Spearman’s rank correlation coefficient between the constructed synthetic measures (0.47). Canonical analysis was used to identify the relationship between them. Numerous indicators, including canonical correlations, complete redundancy and extracted variances, were determined with the use of canonical analysis. Seven statistically significant canonical variables were identified. The value of the greatest and most statistically significant canonical correlation exceeded 0.94, and for the last statistically significant canonical variable, the value reached over 0.31. Statistical data were primarily obtained from the publicly available EUROSTAT database.

scholarly journals Green Energy Management through the Implementation of RES in the EU. Analysis of the Opinions of Poland and Germany

Energies ◽  
2021 ◽  
Vol 14 (23) ◽  
pp. 8097
Author(s):  
Tomasz Jałowiec ◽  
Henryk Wojtaszek ◽  
Ireneusz Miciuła
Keyword(s):  
Climate Change ◽  
Green Energy ◽  
Successful Implementation ◽  
The European Union ◽  
Negative Consequences ◽  
Preventive Action ◽  
Negative Effects ◽  
Strong Base ◽  
The Impact ◽  
The Eu

The EU’s energy policy is geared towards introducing changes in order to stop or avoid negative climate change. The determinants of the energy policies of Poland and Germany are presented along with the priorities until 2050. The possibilities of reducing the impact of energy on the environment were interpreted, emphasizing its common goal. Activities supporting the EU and maintaining the level of energy security are indicated. Possible negative effects in the social and health sphere are presented as a response to the failure to implement these demands. The literature was analyzed and proprietary questionnaires were carried out, and the results realized in the EU by the independent FBI Economic Department were implemented. On the basis of earlier pilot studies, variants of a successful transformation were implemented, assuming different roles performed by a citizen (entrepreneur). Opportunities to tackle climate change and global challenges have been identified based on innovation and motivation. The opinion on the way of thinking in Poland and Germany was compared, and a descriptive model was prepared to increase the achievement of the assumed goals, together with a model based on innovation. Citizens should be active in efforts to promote renewable energy. The EU has a strong base to work to avoid climate change. What is needed is innovative thinking and a motivation to introduce changes with the involvement of every citizen through solidarity, efficiency, and justice. The existing foundations of legal solutions create adaptation possibilities and the ability to achieve goals through self-discipline, comparing with the assumption of EU civic awareness, significantly affecting the successful implementation of RES. Analyzing the attitudes of Poland and Germany, it seems that the distant social consequences are not sufficient. It is necessary not only to perform selected management functions (planning, organizing), but also partly to motivate. There is a strong need to increase motivation and implement the control process required under the threat of negative consequences in the current period as a key strategic preventive action. The analysis of the opinions of Poland and Germany against the background of the European Union allowed for no significant differences, subject to Germany’s readiness to take greater risk. Most of Poland is less inclined to take risks. The lack of an unambiguous opinion may indicate incomplete awareness of both the negative effects of climate change. Both countries are concerned about the unplanned costs of transformation. Germany, unlike Poland, has dedicated employees to handle the climate, and conducts an energy audit and is of interest to investors, thanks to investment plans.

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