The future of energy in the European Union: balancing renewable growth with globalization and digitalization
In a policy context established by the European Union’s 2050 net-zero aim, we explore the relevance of low-carbon and alternative renewable energy sources to carbon dioxide emissions in EU-27 countries. Renewable energy, particularly hydro and wind, reduces CO2 emissions, making it the best source f...
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| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2025-12-01
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| Series: | Journal of Applied Economics |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/15140326.2025.2548821 |
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| Summary: | In a policy context established by the European Union’s 2050 net-zero aim, we explore the relevance of low-carbon and alternative renewable energy sources to carbon dioxide emissions in EU-27 countries. Renewable energy, particularly hydro and wind, reduces CO2 emissions, making it the best source for decarbonization. Globalization and Internet use, by contrast, raise emissions, posing a significant challenge for the EU-27. The transformation of the EU-27 countries’ energy mix is a complex endeavour due to the diversity of their energy systems and economic development levels, but we see three fundamental directions for this happening: continuing the progress towards a low-carbon society while also considering climate risk analysis; accelerating the energy transition by taking collective and bold action to meet the established goals; and implementing effective energy policies in the deployment of renewable energy. |
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| ISSN: | 1514-0326 1667-6726 |