IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v15y2022i3p1040-d738695.html
   My bibliography  Save this article

Impact of Clean Energy Policies on Electricity Sector Carbon Emissions in the EU-28

Author

Listed:
  • Gustavo Pineiro-Villaverde

    (Doctoral Program in Economic Analysis and Business, Faculty of Economics and Business, Campus Elvina s/n, University of A Coruna, 15071 A Coruna, Spain)

  • María Teresa García-Álvarez

    (Department of Business, Faculty of Economics and Business, Campus Elvina s/n, University of A Coruna, 15071 A Coruna, Spain)

Abstract

The European Union (EU) has developed important efforts in enacting various clean energy policies in order to reduce greenhouse gas (GHG) emissions in the last decades. Both supply-side and demand-side changes are required in the energy systems in the period of 2020–2030 and going towards 2050. In this context, a better understanding of the effects of these specific clean energy actions on reducing GHG emissions may be especially of interest for allowing policymakers to know the strengths and weaknesses of various climate-related power sector policies. This paper adds to the literature by presenting the effects of both supply-side and demand-side policies and empirical evidence of the impact of these policies on the reduction in carbon emissions. This analysis was done by means of a panel data set and several regression models that contribute to explaining the link between clean energy policies applied in the EU and carbon emissions over the period of 2000–2019. The results show that while supply-side policies have shown a positive and effective impact on the reduction in GHG emissions, on the demand side, more aggressive policy efforts are needed.

Suggested Citation

  • Gustavo Pineiro-Villaverde & María Teresa García-Álvarez, 2022. "Impact of Clean Energy Policies on Electricity Sector Carbon Emissions in the EU-28," Energies, MDPI, vol. 15(3), pages 1-14, January.
    • Handle: RePEc:gam:jeners:v:15:y:2022:i:3:p:1040-:d:738695
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/15/3/1040/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/15/3/1040/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Karmellos, M. & Kopidou, D. & Diakoulaki, D., 2016. "A decomposition analysis of the driving factors of CO2 (Carbon dioxide) emissions from the power sector in the European Union countries," Energy, Elsevier, vol. 94(C), pages 680-692.
    2. Helm, Dieter, 2014. "The European framework for energy and climate policies," Energy Policy, Elsevier, vol. 64(C), pages 29-35.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Quan Cheng & Jing Yang, 2023. "Allocation and Evolution of Government Attention in China’s Electric Power Industry: An Analysis Based on Policy Text," Sustainability, MDPI, vol. 15(16), pages 1-19, August.
    2. Maia, Rodrigo Gomes Távora & Garcia, Katia Cristina, 2023. "What they say, what they do and how they do it: An evaluation of the energy transition and GHG emissions of electricity companies," Energy Policy, Elsevier, vol. 174(C).

    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. Funcke, Simon & Bauknecht, Dierk, 2016. "Typology of centralised and decentralised visions for electricity infrastructure," Utilities Policy, Elsevier, vol. 40(C), pages 67-74.
    2. Wakiyama, Takako & Zusman, Eric, 2021. "The impact of electricity market reform and subnational climate policy on carbon dioxide emissions across the United States: A path analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 149(C).
    3. van Megen, Bram & Bürer, Meinrad & Patel, Martin K., 2019. "Comparing electricity consumption trends: A multilevel index decomposition analysis of the Genevan and Swiss economy," Energy Economics, Elsevier, vol. 83(C), pages 1-25.
    4. Mousavi, Babak & Lopez, Neil Stephen A. & Biona, Jose Bienvenido Manuel & Chiu, Anthony S.F. & Blesl, Markus, 2017. "Driving forces of Iran's CO2 emissions from energy consumption: An LMDI decomposition approach," Applied Energy, Elsevier, vol. 206(C), pages 804-814.
    5. Weihua Su & Yuying Wang & Dalia Streimikiene & Tomas Balezentis & Chonghui Zhang, 2020. "Carbon dioxide emission decomposition along the gradient of economic development: The case of energy sustainability in the G7 and Brazil, Russia, India, China and South Africa," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(4), pages 657-669, July.
    6. Govorukha, Kristina & Mayer, Philip & Rübbelke, Dirk & Vögele, Stefan, 2020. "Economic disruptions in long-term energy scenarios – Implications for designing energy policy," Energy, Elsevier, vol. 212(C).
    7. Xin Yang & Chunbo Ma & Anlu Zhang, 2016. "Decomposition of Net CO 2 Emission in the Wuhan Metropolitan Area of Central China," Sustainability, MDPI, vol. 8(8), pages 1-13, August.
    8. Andreas Welling, 2017. "Green Finance: Recent developments, characteristics and important actors," FEMM Working Papers 170002, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
    9. Adamczyk, Janusz & Dylewski, Robert, 2017. "The impact of thermal insulation investments on sustainability in the construction sector," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 421-429.
    10. Md. Afzal Hossain & Jean Engo & Songsheng Chen, 2021. "The main factors behind Cameroon’s CO2 emissions before, during and after the economic crisis of the 1980s," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(3), pages 4500-4520, March.
    11. Hesaraki, Arefeh & Holmberg, Sture & Haghighat, Fariborz, 2015. "Seasonal thermal energy storage with heat pumps and low temperatures in building projects—A comparative review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 43(C), pages 1199-1213.
    12. Adamczyk, Janusz & Dylewski, Robert, 2017. "Changes in heat transfer coefficients in Poland and their impact on energy demand - an environmental and economic assessment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 78(C), pages 530-538.
    13. Harmsen, Robert & Crijns-Graus, Wina, 2021. "Unhiding the role of CHP in power & heat sector decomposition analyses," Energy Policy, Elsevier, vol. 152(C).
    14. Yashna Devi Beeharry & Girish Bekaroo & Chandradeo Bokhoree & Michael Robert Phillips, 2022. "Impacts of sea-level rise on coastal zones of Mauritius: insights following calculation of a coastal vulnerability index," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 114(1), pages 27-55, October.
    15. Viktor Koval & Viktoriia Khaustova & Stella Lippolis & Olha Ilyash & Tetiana Salashenko & Piotr Olczak, 2023. "Fundamental Shifts in the EU’s Electric Power Sector Development: LMDI Decomposition Analysis," Energies, MDPI, vol. 16(14), pages 1-22, July.
    16. Yanfeng Li & Yongping Li & Guohe Huang & Rubing Zheng, 2022. "Inter-Provincial Electricity Trading and Its Effects on Carbon Emissions from the Power Industry," Energies, MDPI, vol. 15(10), pages 1-20, May.
    17. Jafari, Mehdi & Korpås, Magnus & Botterud, Audun, 2020. "Power system decarbonization: Impacts of energy storage duration and interannual renewables variability," Renewable Energy, Elsevier, vol. 156(C), pages 1171-1185.
    18. Huang, Chenchen & Lin, Boqiang, 2023. "Promoting decarbonization in the power sector: How important is digital transformation?," Energy Policy, Elsevier, vol. 182(C).
    19. Papież, Monika & Śmiech, Sławomir & Frodyma, Katarzyna, 2022. "Does the European Union energy policy support progress in decoupling economic growth from emissions?," Energy Policy, Elsevier, vol. 170(C).
    20. Karmellos, M. & Kosmadakis, V. & Dimas, P. & Tsakanikas, A. & Fylaktos, N. & Taliotis, C. & Zachariadis, T., 2021. "A decomposition and decoupling analysis of carbon dioxide emissions from electricity generation: Evidence from the EU-27 and the UK," Energy, Elsevier, vol. 231(C).

    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:gam:jeners:v:15:y:2022:i:3:p:1040-:d:738695. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.