EU energy policy: implications for renewable energy investments (CROSBI ID 723894)
Prilog sa skupa u zborniku | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Pekanov, Dubravka ; Fosić, Ivana ; Jadrešić, Irena
engleski
EU energy policy: implications for renewable energy investments
Europe is currently facing a number of issues related to energy: climate change and decarbonisation, slow improvements in energy efficiency and the challenges posed by a higher share of renewable energy. The European Union is trying to address these challenges through various policies aimed at achieving full EU de- carbonisation by 2050. Renewable energy contributes to the reduction of green-house gas emissions and therefore investments in renewable energy generation are seen as a tool to decarbonise the EU. However, this puts strong pressure on countries that rely on fossil fuels to switch to cleaner energy sources. This paper examines the business characteristics of three EU energy companies from the former Eastern Bloc: their production mix, their past efforts and their future plans in terms of investment in renewable energy sources. The question is how they can achieve the EU energy policy targets. The results show that the production mix of energy companies plays an important role in their adaptation to EU re-quirements. Not all energy companies will succeed in meeting decarbonisation targets within the deadlines set by the EU, as national economic interests could be a limiting factor. Finally, renewable energy sources alone are not sufficient to en-sure a secure energy supply, but must be combined with each other or with nu-clear power or gas.
EU energy policy, climate neutrality, energy companies, renewable energy in-vestments, business models
Rad je indeksiran u bazi podataka Scopus.
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Podaci o prilogu
207-218.
2023.
nije evidentirano
objavljeno
978-3-031-23843-7
Podaci o matičnoj publikaciji
New Perspectives and Paradigms in Applied Economics and Business: Select Proceedings of the 2022 6th International Conference on Applied Economics and Business
Gartner, William C.
Cham: Springer Nature
2198-7246
2198-7254
Podaci o skupu
Nepoznat skup
predavanje
29.02.1904-29.02.2096