IDEAS home Printed from https://ideas.repec.org/a/ers/journl/vxxviiy2024i1p114-126.html
   My bibliography  Save this article

Evolution and Impact of the European Union's Energy Policy: From Fossil Fuels to Renewable Energy and Greenhouse Gas Emissions Reduction

Author

Listed:
  • Przemyslaw Drewnicki
  • Radoslaw Luft
  • Lukasz Wojtowicz

Abstract

Purpose: This scientific work focuses on analyzing the energy transformation in the European Union (EU) from 2000 to 2021, considering the shift from fossil fuels to renewable energy sources and strategies for reducing greenhouse gas emissions. The research aims to understand how the EU's energy policy has influenced the structure of energy production and consumption, as well as the emission of greenhouse gases in its member states, with particular emphasis on key initiatives such as the Kyoto Protocol, the 2020 climate and energy package, and the European Green Deal. Design/methodology/approach: Utilizing a comprehensive dataset and a variety of research methods, this work provides empirical insights into the effects of the EU's energy policy. The analysis examines the impact of implemented initiatives and regulations on the energy mix, noting an increase in the share of renewable energy and a decrease in GHG emissions. Findings: The study revealed that these initiatives and regulations have contributed to a significant change in the energy mix, marking an increase in renewable energy's share and a decline in GHG emissions. However, the research also uncovers challenges and disparities in achieving these goals among different member states. Practical implications: This work makes a significant contribution to the discussion on the efficiency and future directions of the EU's energy policy. It highlights the importance of a holistic approach to energy transformation, which considers both environmental and economic needs and points to the necessity of further research and investment in technological innovation. Originality/value: These findings are crucial for understanding the process of energy transformation in the EU and can serve as a valuable source of information for policymakers, researchers, and stakeholders interested in sustainable development and energy policy.

Suggested Citation

  • Przemyslaw Drewnicki & Radoslaw Luft & Lukasz Wojtowicz, 2024. "Evolution and Impact of the European Union's Energy Policy: From Fossil Fuels to Renewable Energy and Greenhouse Gas Emissions Reduction," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 114-126.
    • Handle: RePEc:ers:journl:v:xxvii:y:2024:i:1:p:114-126
    as

    Download full text from publisher

    File URL: https://ersj.eu/journal/3352/download
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hainsch, Karlo & Löffler, Konstantin & Burandt, Thorsten & Auer, Hans & Crespo del Granado, Pedro & Pisciella, Paolo & Zwickl-Bernhard, Sebastian, 2022. "Energy transition scenarios: What policies, societal attitudes, and technology developments will realize the EU Green Deal?," Energy, Elsevier, vol. 239(PC).
    2. Diana-Mihaela Pociovalisteanu & Eleftherios Thalassinos & Aurelian Tirca & Walter Leal Filho, 2010. "Trends and challenges in the energy sector of Romania in the post-accession to the European Union," International Journal of Environmental Technology and Management, Inderscience Enterprises Ltd, vol. 12(1), pages 3-15.
    3. Filippos Proedrou, 2023. "EU Decarbonization under Geopolitical Pressure: Changing Paradigms and Implications for Energy and Climate Policy," Sustainability, MDPI, vol. 15(6), pages 1-14, March.
    4. Baltazar Solano Rodriguez & Paul Drummond & Paul Ekins, 2017. "Decarbonizing the EU energy system by 2050: an important role for BECCS," Climate Policy, Taylor & Francis Journals, vol. 17(0), pages 93-110, June.
    5. Mortaza Ojaghlou & Erginbay Ugurlu & Marta Kadłubek & Eleftherios Thalassinos, 2023. "Economic Activities and Management Issues for the Environment: An Environmental Kuznets Curve (EKC) and STIRPAT Analysis in Turkey," Resources, MDPI, vol. 12(5), pages 1-14, April.
    6. Inês, Campos & Guilherme, Pontes Luz & Esther, Marín-González & Swantje, Gährs & Stephen, Hall & Lars, Holstenkamp, 2020. "Regulatory challenges and opportunities for collective renewable energy prosumers in the EU," Energy Policy, Elsevier, vol. 138(C).
    7. Vieira, Leticia Canal & Longo, Mariolina & Mura, Matteo, 2021. "Are the European manufacturing and energy sectors on track for achieving net-zero emissions in 2050? An empirical analysis," Energy Policy, Elsevier, vol. 156(C).
    8. Antimiani, Alessandro & Costantini, Valeria & Paglialunga, Elena, 2023. "Fossil fuels subsidy removal and the EU carbon neutrality policy," Energy Economics, Elsevier, vol. 119(C).
    9. Eleftherios Thalassinos & Marta Kadłubek & Le Minh Thong & Tran Van Hiep & Erginbay Ugurlu, 2022. "Managerial Issues Regarding the Role of Natural Gas in the Transition of Energy and the Impact of Natural Gas Consumption on the GDP of Selected Countries," Resources, MDPI, vol. 11(5), pages 1-22, April.
    10. Dogan, Eyup & Seker, Fahri, 2016. "Determinants of CO2 emissions in the European Union: The role of renewable and non-renewable energy," Renewable Energy, Elsevier, vol. 94(C), pages 429-439.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Badr Eddine Lebrouhi & Eric Schall & Bilal Lamrani & Yassine Chaibi & Tarik Kousksou, 2022. "Energy Transition in France," Sustainability, MDPI, vol. 14(10), pages 1-28, May.
    2. Di Foggia, Giacomo & Beccarello, Massimo, 2024. "Designing New Energy Markets to Promote Renewables," MPRA Paper 121783, University Library of Munich, Germany.
    3. Galvin, Ray & Dütschke, Elisabeth & Weiß, Julika, 2021. "A conceptual framework for understanding rebound effects with renewable electricity: A new challenge for decarbonizing the electricity sector," Renewable Energy, Elsevier, vol. 176(C), pages 423-432.
    4. Jin-Li Hu & Min-Yueh Chuang, 2023. "The Importance of Energy Prosumers for Affordable and Clean Energy Development: A Review of the Literature from the Viewpoints of Management and Policy," Energies, MDPI, vol. 16(17), pages 1-16, August.
    5. Rafal Czyzycki & Konrad Kochanski, 2023. "Regional Differences in Energy Policy Changes of EU Countries in 2012-2021," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 492-499.
    6. Zbigniew Golas, 2024. "Energy-Related Carbon Dioxide Emissions from Economic Growth in Poland: Decomposition and Decoupling Analysis," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 38-68.
    7. Agnieszka Budziewicz-Guźlecka & Kamila Schneider, 2023. "Restructuring Changes in the Energy Sector in the Context of the Green Economy," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 916-923.
    8. Aleksander Wasiuta, 2024. "Progress and Disparity: A Decade of Renewable Energy Development in Europe," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 350-364.
    9. Katarzyna Boratynska, 2024. "The Economic and Financial Standing Assessment of Energy Sector Companies During the COVID-19 Pandemic," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 1248-1265.
    10. Heri Bezić & Davor Mance & Davorin Balaž, 2022. "Panel Evidence from EU Countries on CO 2 Emission Indicators during the Fourth Industrial Revolution," Sustainability, MDPI, vol. 14(19), pages 1-25, October.
    11. Badr Eddine Lebrouhi & Éric Schall & Bilal Lamrani & Yassine Chaibi & Tarik Kousksou, 2022. "Energy Transition in France," Post-Print hal-03716839, HAL.
    12. Aleksander Iwaszczuk & Ivanna Zapukhliak & Natalia Iwaszczuk & Oleh Dzoba & Oleksandra Romashko & Nataliia Krykhivska, 2023. "Prospects for the Development of Photovoltaics in Ukraine," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 308-338.
    13. Beccarello, Massimo & Di Foggia, Giacomo, 2023. "Meeting decarbonization targets: Techno-economic insights from the Italian scenario," SocArXiv etu9g_v1, Center for Open Science.
    14. Adam Dominiak & Artur Rusowicz, 2022. "Change of Fossil-Fuel-Related Carbon Productivity Index of the Main Manufacturing Sectors in Poland," Energies, MDPI, vol. 15(19), pages 1-14, September.
    15. Stephan Kigle & Michael Ebner & Andrej Guminski, 2022. "Greenhouse Gas Abatement in EUROPE—A Scenario-Based, Bottom-Up Analysis Showing the Effect of Deep Emission Mitigation on the European Energy System," Energies, MDPI, vol. 15(4), pages 1-18, February.
    16. Piotr Zuk & Pawel Zuk, 2022. "Prosumers in Action: The Analysis of Social Determinants of Photovoltaic Development and Prosumer Strategies in Poland," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 294-306, July.
    17. Ma, Hongchao & Zhang, Haonan, 2024. "Can green energy expansion develop the mineral resource market in East Asia?," Resources Policy, Elsevier, vol. 90(C).
    18. Leszek Dziawgo, 2024. "Support for the European Green Deal by Individual Investors:Research Results," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 486-496.
    19. Carmen Díaz-Roldán & María del Carmen Ramos-Herrera, 2021. "Innovations and ICT: Do They Favour Economic Growth and Environmental Quality?," Energies, MDPI, vol. 14(5), pages 1-17, March.
    20. Amine Lahiani & Sinha Avik & Muhammad Shahbaz, 2018. "Renewable energy consumption, income, CO2 emissions and oil prices in G7 countries: The importance of asymmetries," Post-Print hal-03677233, HAL.

    More about this item

    Keywords

    Energy Transformation; EU Energy Policy; Renewable Energy Sources; Greenhouse Gas Emissions; European Green Deal; CO2 Emissions Reduction.;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ers:journl:v:xxvii:y:2024:i:1:p:114-126. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marios Agiomavritis (email available below). General contact details of provider: https://ersj.eu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.