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

Author

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  • 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
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    References listed on IDEAS

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    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.
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    Cited by:

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    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).
    3. Bogdan Nichifor & Luminita Zait & Ovidiu Turcu, 2025. "Renewable Investments, Environmental Spending, and Emissions in Eastern Europe: A Spatial-Economic Analysis of Management and Policy Decisions Efficiency," Sustainability, MDPI, vol. 17(7), pages 1-33, March.

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