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Aspects of European funding for the energy transition - Just transition

Author

Listed:
  • Diana Joita

    (School of Advanced Studies of the Romanian Academy (SCOSAAR), Romania)

  • Carmen Elena Dobrotă

    (University of Bucharest, Faculty of Business and Administration, Romania Institute of National Economy, Romanian Academy, Romania)

Abstract

The present study follows the financial allocations in energy transition, focusing on fair transition related to the carboniferous and mono-industrial areas, in Europe and especially in Romania, whose populations go through significant challenges of the quality of life, generated by changing the activity profile. The research revealed that, at this moment, the impact of the amounts allocated for a fair transition cannot be assessed, neither in the European Union nor in Romania, because the official implementation programs are still being finalized and approved on national and community flows. We also obtained a very interesting conclusion regarding the stage of reducing the share of coal in the national mix, the statistics showing an important advance compared to the targets set for Romania in the perspective of 2030 and 2050, respectively. During the research, we used statistical data on the Cohesion Policy published by the European Commission and the International Energy Agency.

Suggested Citation

  • Diana Joita & Carmen Elena Dobrotă, 2022. "Aspects of European funding for the energy transition - Just transition," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 289-297, September.
    • Handle: RePEc:ovi:oviste:v:xxii:y:2022:i:1:p:289-297
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    References listed on IDEAS

    as
    1. McCauley, Darren & Heffron, Raphael, 2018. "Just transition: Integrating climate, energy and environmental justice," Energy Policy, Elsevier, vol. 119(C), pages 1-7.
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    Cited by:

    1. Simona Andreea Apostu & Iza Gigauri & Mirela Panait & Pedro A. Martín-Cervantes, 2023. "Is Europe on the Way to Sustainable Development? Compatibility of Green Environment, Economic Growth, and Circular Economy Issues," IJERPH, MDPI, vol. 20(2), pages 1-17, January.

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    More about this item

    Keywords

    energy transition; just transition; European funding; energy security; sustainable development;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • B16 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Quantitative and Mathematical
    • B26 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Financial Economics
    • B55 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Social Economics
    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • C46 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Specific Distributions
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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