RENEWABLE ENERGY STRATEGIES: WHERE EUROPEAN UNION HEADED?

Radulescu Irina Gabriela and Catalin Popescu
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Radulescu Irina Gabriela: Faculty of Economic Sciences, Petroleum-Gas University, Ploiesti, Romania

Annals - Economy Series, 2015, vol. Special, 102-107

Abstract: The states from European Union must take advantage from renewable energy sources in order to revive the economy. Climate change creates new jobs and could reduce energy imports which would stimulate the economy of those states. The European Union should support research in the field, apply more efficient policies in energy, and create economies of scale to get an integrated European energy market in which the main actors can reduce the cost of production of renewable energy. In addition, it is possible to use the comparative advantages of the Member States and not only, like Greece, through solar energy, Southern Mediterranean, through distribution networks interconnections with EU, Russia and Ukraine, through biomass and the North Sea, through wind energy. This paper refers to the evolution and trends of the renewable energy sources and presents some scenarios of it.

Keywords: renewable energy; European Union; energy policy (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (3)

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