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Economic Analysis of Renewable Energy Sources in European Union

Author

Listed:
  • Wadim STRIELKOWSKI

    (Department of State and Municipal Management Institute of Economics and Management North Caucasus Federal University Russia Cambridge Judge Business School University of Cambridge United Kingdom)

  • Evgeny LISIN

    (Department of Economics in Power Engineering and Industry National Research University Moscow Power Engineering Institute Russia)

Abstract

Electrical power systems in the European Union are undergoing fundamental changes driven by environmental and energy security concerns that make energy generation and energy demand face a challenge of decarburization that is becoming a priority both in the EU and worldwide Significant decarburization goes hand in hand with recent technological developments that put a strong emphasis on the electrification of the transport and heat demand sectors through the introduction of new technologies such as electric vehicles EV and electric heat pumps EHP This paper tackles the economic and policy implications of the Renewable Energy Sources RES in the European Union EU The paper analyses the development of RES their impact as well as discusses their particular influence on the European electricity markets

Suggested Citation

  • Wadim STRIELKOWSKI & Evgeny LISIN, 2016. "Economic Analysis of Renewable Energy Sources in European Union," Journal of Advanced Research in Management, ASERS Publishing, vol. 7(4), pages 553-558.
    • Handle: RePEc:srs:jemt00:v:7:y:2016:i:4:p:553-558
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    Cited by:

    1. Ivan A. Kapitonov & Vladimir I. Voloshin & Vitaly G. Korolev, 2019. "Energy Security of Territories as a Factor of Sustainable Development under the Conditions of Economic Changes," International Journal of Energy Economics and Policy, Econjournals, vol. 9(6), pages 210-221.
    2. Ivan A. Kapitonov, 2021. "Development of low-carbon economy as the base of sustainable improvement of energy security," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(3), pages 3077-3096, March.

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