IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v17y2024i12p2874-d1413068.html
   My bibliography  Save this article

Navigating through the Storm—The Challenges of the Energy Transition in the European Union

Author

Listed:
  • Mirela Panait

    (Department of Cybernetics, Economic Informatics, Finance and Accountancy, Romania Petroleum-Gas University of Ploiesti, 39, Bd București, 100680 Ploiesti, Romania)

  • Ștefan Iacob

    (Department of Cybernetics, Economic Informatics, Finance and Accountancy, Romania Petroleum-Gas University of Ploiesti, 39, Bd București, 100680 Ploiesti, Romania)

  • Cătălin Voica

    (Department of Cybernetics, Economic Informatics, Finance and Accountancy, Romania Petroleum-Gas University of Ploiesti, 39, Bd București, 100680 Ploiesti, Romania)

  • Viorela Iacovoiu

    (Department of Cybernetics, Economic Informatics, Finance and Accountancy, Romania Petroleum-Gas University of Ploiesti, 39, Bd București, 100680 Ploiesti, Romania)

  • Daniela Iov

    (Department of Cybernetics, Economic Informatics, Finance and Accountancy, Romania Petroleum-Gas University of Ploiesti, 39, Bd București, 100680 Ploiesti, Romania)

  • Carmen Mincă

    (Department of Cybernetics, Economic Informatics, Finance and Accountancy, Romania Petroleum-Gas University of Ploiesti, 39, Bd București, 100680 Ploiesti, Romania)

  • Cristian Teodorescu

    (Department of Cybernetics, Economic Informatics, Finance and Accountancy, Romania Petroleum-Gas University of Ploiesti, 39, Bd București, 100680 Ploiesti, Romania)

Abstract

As civilization and technology have developed, there have been multiple energy transitions that have pushed various resources like coal, wood, oil, and gas to the forefront of the energy mix. Due to a variety of geopolitical initiatives, there have been progressively more restrictions on the energy sector in recent years. One of the main concerns of researchers is the widespread use of renewable energy and the replacement of fossil resources. The utilization of non-renewable energy sources results in a detrimental increase in greenhouse gas emissions. One of the most crucial strategies for lowering energy consumption and enhancing the energy system’s sustainability is to increase energy efficiency. Numerous studies note that energy transition has become necessary in the modern day. Using the analysis of the main components as an extraction method, hierarchical cluster analysis, this study focuses on the situation of the states of the European Union in their race for energy transition, taking into account the main challenges generated by geopolitical tensions and the energy poverty spectrum for the population. The conclusions of the study call for a reconfiguration of the energy mix based on renewable energy. Increasing the share of renewable energy is a goal pursued by EU countries, but energy policies must be considered in a broader context that includes the social aspects of the energy transition. So, just transition is a new concept that reshapes the actions of public authorities on the path to a low-carbon economy. Just transition is a necessity that puts the consumer at the center of attention so that the negative externalities generated by the move away from fossil fuels are minimized in terms of social impact.

Suggested Citation

  • Mirela Panait & Ștefan Iacob & Cătălin Voica & Viorela Iacovoiu & Daniela Iov & Carmen Mincă & Cristian Teodorescu, 2024. "Navigating through the Storm—The Challenges of the Energy Transition in the European Union," Energies, MDPI, vol. 17(12), pages 1-18, June.
    • Handle: RePEc:gam:jeners:v:17:y:2024:i:12:p:2874-:d:1413068
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/17/12/2874/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/17/12/2874/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Limpens, Gauthier & Moret, Stefano & Jeanmart, Hervé & Maréchal, Francois, 2019. "EnergyScope TD: A novel open-source model for regional energy systems," Applied Energy, Elsevier, vol. 255(C).
    2. Mohsen Salimi & Majid Amidpour, 2022. "The Impact of Energy Transition on the Geopolitical Importance of Oil-Exporting Countries," World, MDPI, vol. 3(3), pages 1-12, August.
    3. Pitelis, Alkis & Vasilakos, Nicholas & Chalvatzis, Konstantinos, 2020. "Fostering innovation in renewable energy technologies: Choice of policy instruments and effectiveness," Renewable Energy, Elsevier, vol. 151(C), pages 1163-1172.
    4. Tian, Jinfang & Yu, Longguang & Xue, Rui & Zhuang, Shan & Shan, Yuli, 2022. "Global low-carbon energy transition in the post-COVID-19 era," Applied Energy, Elsevier, vol. 307(C).
    5. Buhari Doğan & Oana M. Driha & Daniel Balsalobre Lorente & Umer Shahzad, 2021. "The mitigating effects of economic complexity and renewable energy on carbon emissions in developed countries," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(1), pages 1-12, January.
    6. Driha, Oana & Cascetta, Furio & Nardini, Sergio & Bianco, Vincenzo, 2023. "Evolution of renewable energy generation in EU27. A decomposition analysis," Renewable Energy, Elsevier, vol. 207(C), pages 348-358.
    7. Alasseri, Rajeev & Rao, T. Joji & Sreekanth, K.J., 2020. "Institution of incentive-based demand response programs and prospective policy assessments for a subsidized electricity market," Renewable and Sustainable Energy Reviews, Elsevier, vol. 117(C).
    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. Eid Gul & Giorgio Baldinelli & Pietro Bartocci, 2022. "Energy Transition: Renewable Energy-Based Combined Heat and Power Optimization Model for Distributed Communities," Energies, MDPI, vol. 15(18), pages 1-18, September.
    2. Yao Zhu & Shousheng Chai & Jieqi Chen & Ian Phau, 2024. "How was rural tourism developed in China? Examining the impact of China’s evolving rural tourism policies," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(11), pages 28945-28969, November.
    3. Ahmed, Gaffer & Kishore, Nanda, 2024. "Synergistic effects on properties of biofuel and biochar produced through co-feed pyrolysis of Erythrina indica and Azadirachta indica biomass," Renewable Energy, Elsevier, vol. 227(C).
    4. Kenjiro Yagi & Ramteen Sioshansi, 2023. "Simplifying capacity planning for electricity systems with hydroelectric and renewable generation," Computational Management Science, Springer, vol. 20(1), pages 1-28, December.
    5. Shenhua Liu & Deheng Xiao, 2024. "Can Big Data Comprehensive Pilot Zone Promote Low-Carbon Urban Development? Evidence from China," Sustainability, MDPI, vol. 17(1), pages 1-15, December.
    6. Hidab Hamwi & Rajeev Alasseri & Sara Aldei & Mariam Al-Kandari, 2022. "A Pilot Study of Electrical Vehicle Performance, Efficiency, and Limitation in Kuwait’s Harsh Weather and Environment," Energies, MDPI, vol. 15(20), pages 1-14, October.
    7. Jonathan Dumas & Antoine Dubois & Paolo Thiran & Pierre Jacques & Francesco Contino & Bertrand Cornélusse & Gauthier Limpens, 2022. "The Energy Return on Investment of Whole-Energy Systems: Application to Belgium," Biophysical Economics and Resource Quality, Springer, vol. 7(4), pages 1-34, December.
    8. Grafström, Jonas & Poudineh, Rahmat, 2023. "No evidence of counteracting policy effects on European solar power invention and diffusion," Energy Policy, Elsevier, vol. 172(C).
    9. Dong, Xianjing & Zhang, Xiaojuan & Zhang, Congcong & Bi, Chunyu, 2023. "Building sustainability education for green recovery in the energy resource sector: A cross country analysis," Resources Policy, Elsevier, vol. 81(C).
    10. Langevin, J. & Reyna, J.L. & Ebrahimigharehbaghi, S. & Sandberg, N. & Fennell, P. & Nägeli, C. & Laverge, J. & Delghust, M. & Mata, É. & Van Hove, M. & Webster, J. & Federico, F. & Jakob, M. & Camaras, 2020. "Developing a common approach for classifying building stock energy models," Renewable and Sustainable Energy Reviews, Elsevier, vol. 133(C).
    11. Djati Wibowo Djamari & Muhammad Idris & Permana Andi Paristiawan & Muhammad Mujtaba Abbas & Olusegun David Samuel & Manzoore Elahi M. Soudagar & Safarudin Gazali Herawan & Davannendran Chandran & Abdu, 2022. "Diesel Spray: Development of Spray in Diesel Engine," Sustainability, MDPI, vol. 14(23), pages 1-22, November.
    12. Francisco García-Lillo & Eduardo Sánchez-García & Bartolomé Marco-Lajara & Pedro Seva-Larrosa, 2023. "Renewable Energies and Sustainable Development: A Bibliometric Overview," Energies, MDPI, vol. 16(3), pages 1-22, January.
    13. Li, He & Wang, Pengyu & Fang, Debin, 2024. "Differentiated pricing for the retail electricity provider optimizing demand response to renewable energy fluctuations," Energy Economics, Elsevier, vol. 136(C).
    14. Maximilian Gasser & Simon Pezzutto & Wolfram Sparber & Eric Wilczynski, 2022. "Public Research and Development Funding for Renewable Energy Technologies in Europe: A Cross-Country Analysis," Sustainability, MDPI, vol. 14(9), pages 1-28, May.
    15. Mastroeni, Loretta & Mazzoccoli, Alessandro & Vellucci, Pierluigi, 2024. "Wavelet entropy and complexity–entropy curves approach for energy commodity price predictability amid the transition to alternative energy sources," Chaos, Solitons & Fractals, Elsevier, vol. 184(C).
    16. Sergey Zhironkin & Fares Abu-Abed & Elena Dotsenko, 2023. "The Development of Renewable Energy in Mineral Resource Clusters—The Case of the Siberian Federal District," Energies, MDPI, vol. 16(9), pages 1-28, April.
    17. Wang, Bo & Deng, Nana & Li, Haoxiang & Zhao, Wenhui & Liu, Jie & Wang, Zhaohua, 2021. "Effect and mechanism of monetary incentives and moral suasion on residential peak-hour electricity usage," Technological Forecasting and Social Change, Elsevier, vol. 169(C).
    18. Gao, Ming, 2023. "The impacts of carbon trading policy on China's low-carbon economy based on county-level perspectives," Energy Policy, Elsevier, vol. 175(C).
    19. Tian, Jinfang & Sun, Siyang & Cao, Wei & Bu, Di & Xue, Rui, 2024. "Make every dollar count: The impact of green credit regulation on corporate green investment efficiency," Energy Economics, Elsevier, vol. 130(C).
    20. Ramachandran Kannan & Evangelos Panos & Stefan Hirschberg & Tom Kober, 2022. "A net‐zero Swiss energy system by 2050: Technological and policy options for the transition of the transportation sector," Futures & Foresight Science, John Wiley & Sons, vol. 4(3-4), September.

    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:17:y:2024:i:12:p:2874-:d:1413068. 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.