Evaluation of Sustainable Energy Development Progress in EU Member States in the Context of Building Renovation

Rita Remeikienė, Ligita Gasparėnienė, Aleksandra Fedajev, Marek Szarucki, Marija Đekić and Jolita Razumienė
Additional contact information
Rita Remeikienė: Public Safety Academy, Mykolas Romeris University, LT-08303 Vilnius, Lithuania
Ligita Gasparėnienė: Public Safety Academy, Mykolas Romeris University, LT-08303 Vilnius, Lithuania
Aleksandra Fedajev: Engineering Management Department, Technical Faculty in Bor, University of Belgrade, 19210 Bor, Serbia
Marek Szarucki: Department of Strategic Analysis, Cracow University of Economics, 31-510 Krakow, Poland
Marija Đekić: Faculty of Business Economics and Entrepreneurship, 11000 Belgrade, Serbia
Jolita Razumienė: Agency for Science, Innovation and Technology, LT-01108 Vilnius, Lithuania

Energies, 2021, vol. 14, issue 14, 1-22

Abstract: The main goal of setting energy efficiency priorities is to find ways to reduce energy consumption without harming consumers and the environment. The renovation of buildings can be considered one of the main aspects of energy efficiency in the European Union (EU). In the EU, only 5% of the renovation projects have been able to yield energy-saving at the deep renovation level. No other study has thus far ranked the EU member states according to achieved results in terms of increased usage in renewable sources, a decrease in energy usage and import, and reduction in harmful gas emissions due to energy usage. The main purpose of this article is to perform a comparative analysis of EU economies according to selected indicators related to the usage of renewable resources, energy efficiency, and emissions of harmful gasses as a result of energy usage. The methodological contribution of our study is related to developing a complex and robust research method for investment efficiency assessment allowing the study of three groups of indicators related to the usage of renewable energy sources, energy efficiency, and ecological aspects of energy. It was based on the PROMETHEE II method and allows testing it in other time periods, as well as modifying it for research purposes. The EU member states were categorized by such criteria as energy from renewables and biofuels, final energy consumption from renewables and biofuels, gross electricity generation from renewables and biofuels and import dependency, and usage of renewables and biofuels for heating and cooling. The results of energy per unit of Gross Domestic Product (GDP), Greenhouse gasses (GHG) emissions per million inhabitants (ECO2), energy per capita, the share of CO 2 emissions from public electricity, and heat production from total CO 2 emissions revealed that Latvia, Sweden, Portugal, Croatia, Austria, Lithuania, Romania, Denmark, and Finland are the nine most advanced countries in the area under consideration. In the group of the most advanced countries, energy consumption from renewables and biofuels is higher than the EU average.

Keywords: building renovation; investments; energy efficiency; EU; PROMETHEE method; entropy method (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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