Economic Analysis of Renewable Energy Sources in European Union

Wadim Strielkowski and Evgeny Lisin ()
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Evgeny Lisin: Department of Economics in Power Engineering and Industry National Research University Moscow Power Engineering Institute Russia, Postal: RU

Journal of Advanced Research in Management, 2016, vol. 7, issue 4, 553-558

Abstract: Electrical power systems in the European Union are undergoing fundamental changes driven by environmental and energy security concerns that make energy generation and energy demand face a challenge of decarburization that is becoming a priority both in the EU and worldwide Significant decarburization goes hand in hand with recent technological developments that put a strong emphasis on the electrification of the transport and heat demand sectors through the introduction of new technologies such as electric vehicles EV and electric heat pumps EHP This paper tackles the economic and policy implications of the Renewable Energy Sources RES in the European Union EU The paper analyses the development of RES their impact as well as discusses their particular influence on the European electricity markets

Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:srs:jemt00:v:7:y:2016:i:4:p:553-558

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