The Role of EU Innovation Policies in the Sustainable Development of the Energy Sector

Sirbu Olesea, Crudu Rodica and Ignatov Augustin ()
Additional contact information
Sirbu Olesea: Academy of Economic Studies of Moldova, Moldova (Republic of)
Crudu Rodica: Academy of Economic Studies of Moldova, Moldova (Republic of)
Ignatov Augustin: Academy of Economic Studies of Moldova, Moldova (Republic of)

Studia Universitatis Babeș-Bolyai Oeconomica, 2017, vol. 62, issue 2, 3-19

Abstract: In the present conditions when the demographic pressure upon the environment is higher than ever, the humanity faces the challenge of sustainability. Namely the sustainability of human activities is important and nothing can assure it better than sustainable energy supplies. The European Union is the leading global power in terms of adjusting its policies to increase innovation to assure a sustainable growth of its energy sector as a key to an advanced economic system. The present research focuses on the impact of European Union policies on the sustainable development of its energy sector by analyzing quantitatively and qualitatively various indicators intended to offer a throughout insight. The results obtained focus on the identification of the main innovation paradigms; the description of the main modern environmental challenges, especially in the energy domain; the determination of the relation between innovation and energy sustainability, and its analysis at the level of European Union.

Keywords: sustainable economic development; renewable energy; greenhouse gas emissions; recycling; energy efficiency; R&D expenditure (search for similar items in EconPapers)
JEL-codes: H50 Q20 Q40 Q50 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/subboec-2017-0006 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:subboe:v:62:y:2017:i:2:p:3-19:n:1

DOI: 10.1515/subboec-2017-0006

Access Statistics for this article

Studia Universitatis Babeș-Bolyai Oeconomica is currently edited by Dumitru Matis

More articles in Studia Universitatis Babeș-Bolyai Oeconomica from Sciendo
Bibliographic data for series maintained by Peter Golla ().