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Energy Economics and Policy of Renewable Energy Sources in the European Union

Author

Listed:
  • Wadim Strielkowski

    (Institute of Economic Studies, Faculty of social sciences, Charles University in Prague, Czech Republic)

  • tep n Kr ka

    (Institute of Economic Studies, Faculty of social sciences, Charles University in Prague, Czech Republic)

  • Evgeny Lisin

    (Department of the Economics and Management of Enterprises, Russian Federation)

Abstract

European Union adapted the policy of reducing its carbon footprint and embarked on the journey to shift to renewable energy sources in the early 1990s. The whole process started with implementations of binding rules that set up indicative targets for the EU Member States. However, this process had to go hand in hand with high energy costs charged to the consumers. This paper defines various types of renewable sources in the EU and analyses European legislation on renewable energy sources. In addition, it deals with the current situation regarding the energy policies in the European Union and outlines its main criticisms and prospects. The results and conclusions might be of some value for EU main energy providers as well as for the EU partners in the world.

Suggested Citation

  • Wadim Strielkowski & tep n Kr ka & Evgeny Lisin, 2013. "Energy Economics and Policy of Renewable Energy Sources in the European Union," International Journal of Energy Economics and Policy, Econjournals, vol. 3(4), pages 333-340.
    • Handle: RePEc:eco:journ2:2013-04-18
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    References listed on IDEAS

    as
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    Citations

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    Cited by:

    1. Jan Goebel & Christian Krekel & Tim Tiefenbach & Nicolas Ziebarth, 2015. "How natural disasters can affect environmental concerns, risk aversion, and even politics: evidence from Fukushima and three European countries," Journal of Population Economics, Springer;European Society for Population Economics, vol. 28(4), pages 1137-1180, October.
    2. Marianna Oliskevych & Galyna Beregova & Viktor Tokarchuk, 2018. "Fuel Consumption in Ukraine: Evidence from Vector Error Correction Model," International Journal of Energy Economics and Policy, Econjournals, vol. 8(5), pages 58-63.
    3. Małgorzata Stec & Mariola Grzebyk, 2022. "Statistical Analysis of the Level of Development of Renewable Energy Sources in the Countries of the European Union," Energies, MDPI, vol. 15(21), pages 1-18, November.
    4. Dorota Miłek & Paulina Nowak & Jolanta Latosińska, 2022. "The Development of Renewable Energy Sources in the European Union in the Light of the European Green Deal," Energies, MDPI, vol. 15(15), pages 1-17, August.
    5. Jan Goebel & Christian Krekel & Tim Tiefenbach & Nicholas R. Ziebarth, 2014. "Natural Disaster, Environmental Concerns, Well-Being and Policy Action," CINCH Working Paper Series 1405, Universitaet Duisburg-Essen, Competent in Competition and Health.

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    More about this item

    Keywords

    Energy economics; renewable energy; energy providers; economic forecasting; EU;
    All these keywords.

    JEL classification:

    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting

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