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Progress Assessment On Renewable Energy Across The European Union: Potential And Challenges Of Reaching The Targets Of The 2020 Horizon

Author

Listed:
  • Marcel Pirvu

    (Faculty of Economics Babes-Bolyai University, Cluj-Napoca, Romania)

Abstract

This paper is trying to offer an overview on EU member states’ efforts to comply with the 2009/28/EC Directive and to reach the targets set for 2020. We have discussed regulatory framework, support instruments and investment incentives, and reviewed the development potential of renewable energy sources across the EU and the challenges they have to face in order to be a sustainable alternative to hydrocarbons. Conclusion is a balance sheet of problems spotted and the potential that needs to be exploited for the strategic objectives to be met.

Suggested Citation

  • Marcel Pirvu, 2015. "Progress Assessment On Renewable Energy Across The European Union: Potential And Challenges Of Reaching The Targets Of The 2020 Horizon," Interdisciplinary Management Research, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 11, pages 891-903.
    • Handle: RePEc:osi:journl:v:11:y:2015:p:891-903
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    More about this item

    Keywords

    renewable energy; sustainable development; energy strategy; energy security;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

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