Management of the Energy Mix and Emissivity of Individual Economies in the European Union as a Challenge of the Modern World Climate

Ireneusz Miciuła, Henryk Wojtaszek, Marek Bazan, Tomasz Janiczek, Bogdan Włodarczyk, Judyta Kabus and Radomir Kana
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Ireneusz Miciuła: Department of Sustainable Finance and Capital Markets, Faculty of Economics, Finance and Management, University of Szczecin, 70-453 Szczecin, Poland
Marek Bazan: Department of Computer Engineering, Faculty of Electronics, Wroclaw University of Science and Technology, 50-372 Wrocław, Poland
Tomasz Janiczek: Department of Control Systems and Mechatronics, Faculty of Electronics, Wroclaw University of Science and Technology, 50-372 Wroclaw, Poland
Bogdan Włodarczyk: Department of Finance, Faculty of Economic Sciences, University of Warmia and Masuria in Olsztyn, 10-720 Olsztyn, Poland
Judyta Kabus: Department of Logistics and International Management, Faculty of Management, Częstochowa University of Technology, 42-200 Częstochowa, Poland
Radomir Kana: Department of European Integration, Faculty of Economics, VSB-Technical University of Ostrava, 708 00 Ostrava-Poruba, Czech Republic

Energies, 2020, vol. 13, issue 19, 1-24

Abstract: The aim of the article is to present the most important elements to be implemented in the European Union energy policy in the 2030 perspective in the context of sustainable development of the Member States. The solution to the too high emissivity of individual economies in the European Union is the energy mix, which will establish a compromise in the so-called the triad of EU policy goals. This is undoubtedly a current climate challenge for the modern world, which also has a direct impact on the economic situation of EU countries. The basis of the presented considerations and recommendations is a literature review on the subject and a statistical analysis of empirical data of the largest statistical organizations in the EU and the world. The starting point for the analysis is the assessment of the state of the energy sector in the EU. Therefore, the goals and tasks until 2030 result from many conditions of the energy sector. The article provides recommendations for the EU on future climate and energy policy, analysing the practices of member countries empirical and data compiled by the world’s largest organizations and institutions, such as the International Atomic Energy Agency (IAEA), the World Nuclear Association (WNA), Eurostat, and the International Energy Agency (IEA). The strategic goals of the EU climate and energy policy presented in the study show the necessary challenges for the implementation of sustainable development in the analyzed sector, which is the driving force of world economies. The conclusions were presented in accordance with the current economic efficiency of various energy sources and the necessity to seek a compromise among the so-called a triad of goals defined in EU policy.

Keywords: EU energy and climate policy; economic efficiency; sustainable development management; renewable energy sources (RES); energy sources (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: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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